The hottest XCMG machinery, with a revenue of more

2022-10-20
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XCMG machinery entered the top five in the world with an income of more than 100 billion in 2015

XCMG machinery entered the top five in the world with an income of more than 100 billion in 2015

China Construction machinery information

Guide: enhance quality awareness. XCMG group achieved sales revenue of 50 billion yuan in 2009. XCMG machinery achieved a sales revenue of 20.7 billion yuan, a year-on-year increase of 30%, and a net profit attributable to the parent company of 1.732 billion yuan, a year-on-year increase of 35%. Export earned foreign exchange of 450million US dollars. The company plans to achieve sales revenue of 25billion yuan in 2010, and export

XCMG achieved sales revenue of 50billion yuan in 2009. XCMG machinery achieved a sales revenue of 20.7 billion yuan, a year-on-year increase of 30%, and a net profit attributable to the parent company of 1.732 billion yuan, a year-on-year increase of 35%. Export earned foreign exchange of 450million US dollars. The company plans to achieve sales revenue of 25billion yuan and export foreign exchange of 1billion US dollars in 2010. In 2015, its main business revenue exceeded 100 billion yuan, ranking among the top five in the world

hoisting machinery has increased steadily. In 2009, the company sold 15660 truck cranes, a year-on-year increase of 29.25%, higher than the industry growth rate of 24.89%, and the market share reached 57.24%, an increase of 1.04 percentage points over 2008. The cumulative sales of crawler cranes was 181, a year-on-year decrease of 55.85%. The cumulative sales revenue of the two lifting appliances was 16.577 billion yuan, accounting for 80% of the overall sales revenue. A total of 2229 truck mounted cranes were sold, with a year-on-year increase of 11.23%. The company has further established its leading position in the lifting machinery industry. As the sales volume of the company in 2009 reached 27% for 20t and 30% for 25T, although the increase in the proportion of small and medium tonnage helped to increase the market share in the industry, it lowered the overall gross profit margin of the products. The company expects to increase the sales of medium and large tonnage cranes in 2010. We expect the sales revenue growth rate of the company's hoisting machinery this year to be about 20%, while the net profit growth rate will reach about 30%

in the future, the group will mainly focus on three businesses: construction machinery, parts and special vehicles. Among the construction machinery, the products being cultivated mainly include concrete machinery (mainly pump trucks and pump supporting), excavators and rotary drilling rigs. The company's delivery volume of pump trucks in 2009 reached 187, and the growth rate exceeded the average growth rate of the industry. The cumulative sales of excavators was more than 600, achieving sales revenue of more than 200 million. The technology accumulation time of the company in concrete machinery and excavators is at the forefront of the industry, but in the early stage, the group focused on the development of hoisting machinery, ignoring the cultivation of other products. After 2008, the strategic thinking of the group changed. On the premise of stabilizing the leading position of lifting machinery, the Group vigorously developed other industries. For example, the company began to set foot in the excavator industry in the early 1990s. After experiencing the cooperation stage with caterpillar, it established its own wholly-owned excavator company in 2008 and began to officially enter the excavator market. In the original business of XCMG technology, the cumulative sales of loaders in 2009 were 9024 units, a year-on-year decrease of 20.7%, and the cumulative sales of road rollers were 4553 units, a year-on-year increase of 78.06%, maintaining the first leading position. In the future, it is expected to continue to expand its scale and improve its profitability. At present, the company has a series of supporting industries such as hydraulic parts, oil cylinders, cabs, slewing bearings, etc. In 2009, the company also signed a cooperation agreement with Doosan to send the engine to the digital display meter or computer production after production and treatment. It is expected to have trial production at the end of 2010 and mass production in July 2011. In the future, once the parts industry chain of the company is formed, it will greatly improve the self-control rate of the company, thus improving the gross profit margin of the whole machine products

the author believes that after the financing of the company, the overall competition will be improved. The first time to check whether the power supply voltage is at 380v~240v, so that the original lifting machinery and parts will continue to grow and strengthen. With the strong R & D and market development capabilities of the group, the late development field can occupy a place in the new market. At the same time, the company is currently in contact with a number of strategic investors such as the ordnance industry group, hoping to improve the management and operating efficiency of the company after the introduction of partners. We raised the company's annual EPS to 2.6 yuan and 3.26 yuan (without considering additional dilution). Assuming an additional 100million shares, the annual EPS is 2.33 yuan and 2.92 yuan, corresponding to 15.4 times of 10-year PE. Assuming an additional 150million shares, the annual EPS is 2.22 yuan and 2.78 yuan, corresponding to 16.15 times of 10-year PE

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