Instrumentation industry operating situation is good

In 2011, the overall operation status of the instrumentation industry was better than expected, and the production and sales value as well as the industry profits all achieved double-digit growth, but the increase rate all fell slowly. Due to the sluggish international market, the growth rate of the industry's import and export dropped year-on-year, but the speed of the listing of enterprises accelerated, and mergers and reorganizations achieved certain results. Affected by the economic situation at home and abroad, as well as the base number and seasonal factors in the first half of the year, in the second half of the year, the output and sales volume of the instrumentation industry will fluctuate upward.

Industry operating situation is good

From January to June, the production and sales of key enterprises in the instrumentation industry were in good condition. The total industrial output value totaled 270.9 billion yuan, a year-on-year increase of 27.1%, and the industrial sales value totaled 261.7 billion yuan, a year-on-year increase of 26.3%. While the industry's production and sales value has increased, the growth rate has slowed down from the same period of the previous year, slowly falling from 27.9% in February to 27.1%, and from the previous year's -36.6% to 18.7%.

Data show that the first half of the industry's profits showed a monthly increase, from January to June, the industry realized a total profit of 22.8 billion, an increase of 28%, but the profit growth rate dropped significantly. It can be seen that at present, most companies can still maintain a certain degree of profit growth. In particular, the key enterprises have not experienced any significant deterioration in their economic and financial performance. The industry-wide revenue and profit margins have also risen to 8.25%, continuing to maintain manufacturing. In the leading position.

Data from import and export shows that the year-on-year growth of the instrument and meter industry in the first half of this year saw both a year-on-year increase, and the increase in imports has dropped from 30.5% at the beginning of the year to 10.9%. Among them, the increase in imports was larger in laboratory analysis instruments, medical instruments and testing machines, with increases of 45.1%, 44.2% and 71.9%, respectively.

In the first half of 2011, the year-on-year growth of industry exports decreased from 34% in the previous year to 15.4%. Monthly export volume fluctuated within a range of 1.5 billion to 1.6 billion U.S. dollars. The year-on-year increase in export delivery value has decreased from 25.7% in the previous year to 13.3. %, the proportion of sales in the entire industry has dropped from a high of about 30% to 18.7%.

Although due to the weak international market, the export growth rate decreased, but the export structure was further optimized. For example, decentralized control equipment with higher technological content increased by 97.5% year-on-year, and its export value will exceed US$100 million for the first time this year. In addition, watt-hour meters are commodities that have competitive advantages in China, and have a high market share in the international market. At present, the long-term large-scale exports of magnetoelectric devices have been replaced by electronic ones, and the average unit price of products has increased by about one time. Its export value is expected to exceed 400 million U.S. dollars.

In the first half of this year, while the instrumentation industry achieved above-mentioned achievements, the speed of listing of companies in the industry has also been significantly accelerated, and mergers and acquisitions among enterprises have achieved certain results.

In 2010, 17 companies were listed in the industry, accounting for 29.8% of the total number of listings in the previous 20 years. In the first half of this year, 6 companies including Tianrui, Zhonghai Da, Congguang, Libang, Samsung, and Linyang went public. Through the listing of industrial enterprises, the economic strength has been significantly enhanced and the overall operation is in good condition. According to industry experts, at present, there are dozens of companies in the industry that are actively preparing for listing.

Affected by the base of the first half of the year and seasonal factors, it is expected that the production and sales of the instrumentation industry will fluctuate upward in the second half of the year and will gradually decline year-on-year. Industry experts told reporters that in the first half of the year, industry inventories increased year-on-year, which not only indicated that the strong sales of recovery growth in the same period last year had come to an end, but at the same time, the absolute value of inventories did not increase significantly, which also meant that the industry was not overheated and the industry’s needs Production and sales are gradually returning to normal.

Therefore, the above experts stated that if the industry’s production and sales value in June hit a high this year, it will gradually fall in July and August, and it may recover slightly in September and October. There will be no significant tails last year as at the end of the year. The phenomenon is expected to drop by about 10% year-on-year in the year-on-year, and it is also in a normal and stable growth area.