The growth rate of production and sales in the instrumentation industry in 2012

It is reported that due to the industry characteristics, the instrumentation industry used to be ranked seventh and eighth in terms of year-on-year growth in sales in the 12 sub-sectors of the machinery industry. In the first half of this year, it ranked the first three places in the first half of the year, with the year-on-year growth rate second only to that supported by policies. Agricultural machinery industry.

“This shows that although the instrumentation industry is also affected by the economic weakness at home and abroad, it is less affected and the problem of overcapacity is not as serious as in some industries. Under the guidance of the country’s policy of vigorously revitalizing high-tech industries, the instrumentation industry is relatively Great potential for development and prospects," said Yan Jiacheng.

The year-on-year profit growth of the industry was -14%, which was lower than -13.7% in January-February 2009. This was the lowest point in this century, but then the economic benefits gradually improved from the lows of the beginning of the year. In this regard, Ruan Jiacheng analyzed that the main reason is that the hard costs such as raw materials and components have steadily declined, the rising trend in labor costs has stabilized, credit conditions have improved, corporate income has eased, and fiscal investment such as adjusting structural stability has gradually been implemented. Slowly rising.

“But the difficulties faced by companies with medium and low-grade products, overcapacity, and rapid expansion in recent years are greater, and whether the full-year profit growth can be restored to double digits remains to be seen,” he warned.

Imports of low growth export flattened

Due to the weak economy, the import of the industry showed a low growth trend, and the overall impact of the policy of encouraging import on the industry was weakened. However, in some industries such as food safety and environmental protection monitoring, even if there are available instruments in the country, some departments, including grassroots monitoring agencies, require large or even all configurations. Imported instruments.

"This phenomenon of over-pursuing imports is serious and has caused concern from the National Development and Reform Commission and other relevant departments. They are actively taking measures to guide them." Jia Jiacheng said that it must be admitted that the product lifespan and reliability of some industries in China are related to foreign countries. There is still a certain gap, and the concept of the application department has a gradual change process, so we must guide the manufacturing industry to continuously improve the quality level.

Exports remained declining year-on-year, but the rate of decline has been flattened, with double-digit growth still maintained in the first half of the year. The association believes that there are four main reasons: there are many middle- and low-end products, and the rigid demand accounts for a large proportion; the developing countries in exporting regions account for a large proportion; the cost-effectiveness and comprehensive competitiveness still have advantages; the export of medium and high-end products such as DCS and rail transit monitoring systems has increased.

The overall situation is tight and the corporate differentiation is obvious

The situation in the industry in the first half of the year has changed significantly compared with previous years.

Due to the high degree of correlation with the “double high” upstream industries such as steel, electricity, coal, chemical, oil, etc., the year-on-year growth of the fast-growing automation instrument industry has dropped from 30% to 13%; and scientific instruments such as analysis and testing still maintain 20 The increase of more than % indicates that the demand for scientific research and testing equipment for technological innovation is still strong, but the pattern of medium-to-high-end equipment mainly reliant on imports has not changed; at the same time, it accounts for a small proportion in the entire industry, but involves people's livelihood, culture and education, etc. The growth of special instruments such as meteorology, oceanography, geological exploration, agriculture, forestry, animal husbandry and fishery, culture, education, and medical care also grew rapidly.

With the gradual deepening of the economic structure adjustment, the overall operation of the instrumentation industry has become tighter and the situation of the enterprises has been significantly different.

According to preliminary understanding, enterprises with good production and sales status, and the rate of increase may reach more than 20% account for about 10% to 15%; a slight increase is about 50%; currently, it is still about 1/3 of the negative growth area. With the "steady growth" measures in place, it is expected that the ratio of Class I and Class II will gradually increase.

Yan Jiacheng told reporters that enterprises with good conditions this year are generally those with high technological content, good industrialization results, and little capacity expansion, such as Zhejiang Zhonghua, Beijing and Lishi, Hangzhou Congguang, Shanghai Haoyu Hengping, and Shanghai. Lanbao and other companies.

Their common feature is that despite the macroeconomic impact, the total demand for products has not grown significantly, but due to competitive advantages, market share has continued to rise. For example, in the DCS field, in the competition with many well-known foreign companies, Helishi and Zhonghua may enter the top three. They rely mainly on technological progress and services to recapture the market from foreign companies.

It is reported that due to the high-end products and attention to modern enterprise management, the gross profit rate of leading products of some outstanding enterprises exceeds 50%, the net profit of enterprises is greater than 15%, and the service business such as engineering integration and software accounts for 35%.

High-end export growth continued to be low

According to Yan Jiacheng, different from 2008, many companies have expanded their exports this year to compensate for the decline in domestic demand, such as the meter industry. From January to June, the industry had exported 14.54 million units, an increase of 40.39%, and the export value was 295 million US dollars, an increase of 43.7%. It is estimated that the annual export will reach more than 25 million units and exceed 500 million US dollars for the first time.

At the same time, the gas meter industry whose exports have been declining for two consecutive years has also been negatively positive this year, achieving double-digit growth; the optical component industry, which had declined in exports due to weak camera and video camera markets in previous years, has recently seized the global mobile phone industry. The trend of strong sales has been structurally adjusted. At present, 80% of the world's mobile phone lenses are produced in China. From January to June, 12.58 million optical components have been exported, with an amount of 880 million US dollars, an increase of 33.6%.

In fact, not only are traditional export products growing, exports of high-end products are also being vigorously exploited.

On March 20th this year, Beijing and Leasy signed a contract with the Hong Kong Railway Company to provide all ground and on-board signal systems for the Guangzhou-Shenzhen-Hong Kong High Speed ​​Rail (Hong Kong Section) with a contractual amount of HK$490 million. In the following April and May, Zhejiang Zhonghua Two countries in the Middle East have undertaken two petrochemical projects respectively, and they intend to use the Chinese control system in MAV mode, with the amount of about 400 million and 300 million yuan.

“The above situation shows that although the global economy is weak and export growth is difficult, there is still potential to be tapped. It is necessary to subdivide the research and support the promotion,” Yan Jiacheng concluded.

Compared with the rapid rise of domestic enterprises, "three foreign-funded" enterprises are in a continuous downturn. According to reports, from January to June, its sales growth was only 5.23% and 4.65%, which was 12 percentage points lower than the growth of the entire industry. The profit growth rate has been negative so far, and loss-making enterprises have exceeded 30%. In the first half of this year alone, the proportion of production and sales of “three-funded” enterprises in the industry fell by 3 percentage points after falling for four consecutive years.

The downturn of "three-funded" enterprises has become an important reason for the industry's difficulty in recovering to a 20% year-on-year increase. Yan Jiacheng told reporters that although some "funded enterprises" have begun to adjust their structure to adapt to the changes in China's automation market, it is difficult to fundamentally reverse its decline.