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After China’s rubber machinery industry bottomed in 2016, all its main economic indexes became positive in 2017, the sales revenue had a two-digit growth, the export delivery value had a sharp increase and the profitability of the enterprises was sharply enhanced. At present, rubber tire industry walks out of descending channel, the enterprises are active in overseas investment and actively promote transformation and upgrading, and the demand for rubber machinery, especially high-precision intelligent rubber machinery, tends to be better, thus it is predicted that China’s rubber machinery industry is entering ascending channel. |
Sales Revenue has a Two-digit Growth
According to the statistics of China Chemical Industrial Equipment Association Rubber Machinery Specialized Committee on 24 major rubber machinery manufacturers in China, the sales revenue of rubber machinery in 2017 was 7.735 Billion Yuan, with a growth (year-on-year, same below) of 11.3%. Based on this, it is calculated that the total sales revenue of China’s rubber machinery industry in 2017 reached 10.65 Billion Yuan, with a growth of 10.9%. This has been the first year-on-year growth of sales revenue of rubber machinery since 2015, which indicates that rubber machinery industry has walked out of the descending channel. In 2017, the overall operating rate of China’s rubber machinery industry was relatively high, and quite a few enterprises had a full production, such as Tianjin Saixiang and Zhonghao Lichuang.
Ranking as per the sales revenue, the top 10 enterprises are MESNAC, SAFE RUN Company, Dalian Rubber & Plastic Machinery, Double Star Machinery, Huaxiang Self Control, Tianjin Saixiang, Yiyang Rubber & Plastic Machinery, Guilin Rubber Machinery, China Chemical Guilin Engineering Co., Ltd. and New Universal Science and Technology in sequence.
In terms of sales revenue of rubber machinery, 15 enterprises increase, 8 enterprises decrease and 1 enterprise holds the line. The enterprises with a relatively large growth amplitude include Zhonghao Lichuang, Inner Mongolia Fute and SINOARP, whose growth amplitude is all over once. The sales revenue of top 10 is 6.54 Billion Yuan, accounting for 61.4% of the total sales revenue, and the industrial concentration is increased by 0.7% to show a phenomenon that the strong is always strong.
Profitability Status is Improved
The profitability status of the industry is improved and the realized profit is sharply improved, which is manifested as that all the enterprises under statistics make profit and the enterprises with a year-on-year growth are in the majority. The profit of 3 listed rubber machinery enterprises is sharply improved, and the profit of MESNAC changes from sharp loss of 771.39 Million Yuan in 2016 to profit of 93 Million Yuan in 2017.
The momentum of the profit growth of rubber machinery industry is mainly that the orders increase, the gross margin of the products is improved, but sharp increase of the price of raw materials compresses the profit space.
The number of the employees declines by 5%, the major momentum of which is that the automatic degree of the industry is improved.
The new product output of the enterprises reporting statistics declines by 9%, and the inventory of the rubber machinery enterprises holds the line on a year-on-year basis.
Export Growth and International Degree are Improved
The export delivery value of 24 enterprises is 1.836 Billion Yuan, with an increase of 32.3%. Based on this, it is calculated that the total export value of China’s rubber machinery industry in 2017 reached USD 360 Million, with a growth of 20%. The ratio of the total export value to total sales value reached 22.0%, which increased by 1.7%.
Ranking as per the export delivery value, the top 10 enterprises are MESNAC, Tianjin Saixiang, Guilin Rubber Machinery, SINOARP, Yiyang Rubber & Plastic Machinery, Beijing Jingyie, Dalian Rubber & Plastic Machinery, China Chemical Guilin Engineering Co., Ltd., Huaxiang Self Control and Wuxi Double Elephant in sequence.
The enterprises with a relatively large growth of export delivery value are Huaxiang Self Control, SINOARP and Saixiang Technology, in which with the export delivery value accounting for 77% of its total sales, SINOARP becomes an international enterprise with export sales oriented.
The main reason for growth of export delivery value is that Chinese tire enterprises build tire factories in America, Southeast Asia, etc. and the demand for rubber machinery forms a small climax. In addition, the international tire investment is stable, the companies such as Continental and Bridgestone have many investment projects, which also lay a foundation for China’s export of rubber machinery becoming better. It is predicted that in 2018, China’s export of rubber machinery will continue to be better and the internationalization degree of rubber machinery will be further improved.
