The profitability of efficient operation in the machinery industry in the first five months reached a record high

From January to May this year, the national machinery industry has achieved good operating results. The main economic indicators of machinery industry enterprises continued to grow at a high level. The growth rate of the main business income, profit and total tax revenue was higher than that of the national industrial enterprises. The profit margin of the main business income reached a record high. The losses of loss-making and loss-making enterprises in machinery industry enterprises are lower than the average level of industrial enterprises in the country. The cumulative import and export of the machinery industry turned from a deficit to a surplus.

Main business income increased significantly
From January to May, the national machinery industry enterprises completed the main business income of 509.124 billion yuan, an increase of 42.77% over the same period of last year, 4.6 percentage points higher than the national industrial enterprises.

In terms of industries, the construction machinery and automobile industries saw the highest growth rate of 71.43% and 60.52% respectively; the machine tool and mechanical basic parts industry increased by more than 40%; the internal combustion engine, electrical appliances and instrumentation industry increased by more than 30%; Petrochemical GM, heavy mining, food packaging and cultural office equipment industry grew relatively low year-on-year, but also exceeded 20%.

Profit margin hit a record high
From January to May, the national machinery industry enterprises realized a profit of 353.642 billion yuan, a year-on-year increase of 86.13%, 4.49 percentage points faster than the national industrial enterprises, accounting for more than 1 percentage point of the profits of the national industrial enterprises. The absolute amount of profit increased by 163.837 billion yuan over the same period of 2009, and the profit margin of the main business income reached 6.94%, a record high. In the provinces and municipalities, the profits reached more than 10 billion yuan, and the top ten growth rates were in Hubei, Tianjin and Jilin provinces.

In terms of industries, the automotive industry achieved the largest share of profits, exceeding 40%. The growth rate is also the fastest, reaching 144%. Followed by construction machinery and other civil machinery industries. The agricultural machinery industry had the smallest year-on-year growth rate of 25.66%.

From January to May, the national machinery industry enterprises suffered a loss of 15,825, a decrease of 5,190 compared with the same period of last year. The loss side was 15.58%, and the loss side was narrowed year-on-year. The loss of loss-making enterprises fell by 32.69% year-on-year.

Corporate receivables and inventory rise
From January to May, the national machinery industry accounts for 1,705.642 billion yuan, a year-on-year increase of 30.67%, and the growth rate is fast. In terms of industries, the year-on-year growth rate is also generally high. Among them, accounts receivable such as construction machinery and cultural office equipment increased by 62.04% and 51.43% year-on-year. In addition, the automotive, mechanical basic parts, agricultural machinery, internal combustion engines, instrumentation, heavy mining, machine tools, electrical appliances and other industries also exceeded 25%.

From January to May, the inventory of machinery industry in the country increased by 21.44% year-on-year, and the finished product increased by 8.74% year-on-year, which was higher than the 5.14 and 2.49 percentage points from January to February. In terms of industries, the growth rate of agricultural machinery and automobile industry was relatively high. Especially in the agricultural machinery industry, the inventory growth this month was as high as 37.09%, ranking first in all industries and rising by 3.47 percentage points from January to February.

Cumulative import and export from deficit to surplus
From January to May, the machinery industry realized a total import and export volume of 190.596 billion US dollars, a year-on-year increase of 39.45%, of which exports were 95.643 billion US dollars, an increase of 29.7%, and imports of 94.953 billion US dollars, an increase of 50.88%. The import and export trade of the machinery industry turned from a deficit of 1.304 billion US dollars last month to a surplus of 690 million US dollars.

In the month of May, the machinery industry realized a total import and export volume of 42.285 billion US dollars, an increase of 0.82% from the previous month. Of which, exports were 22.305 billion US dollars, up 8.43% from the previous month; imports were 20.28 billion US dollars, down 6.41% from the previous month. In the machinery industry, the export trade was better than the import trade in the month, and the import and export trade achieved a surplus of 2.025 billion US dollars. The trade balance of the month turned from the previous month's deficit to a surplus.

Most of the industry's imports fell by a month-on-month growth
From the import analysis, from January to May, the cumulative imports of the 13 industries of the machinery industry achieved positive growth year-on-year, of which the auto industry grew at the fastest rate of 145.55%, and the heavy mining industry grew at the slowest rate of 2.37%. In the month of May, from the perspective of the ring, only the import of instrumentation, food packaging machinery and other civil machinery industries was growing positively, while the other 10 industries were all negative growth in terms of imports, among which the three industries with the largest decline in the chain ratio were: agricultural machinery industry. (-25.9%), automotive industry (-16.33%) and heavy mining industry (-15.57%).

From the export analysis, from January to May, among the 13 industries of the machinery industry, except for the heavy mining industry (-12.08%), the exports of the other 12 industries were positive growth year-on-year, among which the fastest export growth was the internal combustion engine industry (49.58%). The slowest is the agricultural machinery industry (11.34%). In the month of May, in addition to the agricultural machinery industry (-2.74%), the export of the other 12 industries achieved positive growth, with the three industries with the fastest growth in the chain being other industries (20.78%) and food packaging machinery. Industry (14.48%) and petrochemical general industry (12.89%).

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