The reading: In 2016, the prices of machinery industry products generally continued the downward trend in recent years, and the producer price index of machinery industry was below 100 in the whole year. From the trend, the decline in the price index of mechanical products is narrowing, with the price index for December being 99.8, which is an increase of 1.5 percentage points from the beginning of the year. However, compared with the increase in the purchase price index of industrial producers during the same period (up 12.1 percentage points), the rebound in the prices of mechanical products is difficult. The growth rate of added value is higher than the industrial average Report details page: http://service.made-in-china.com/market-analysis/industry-analysis-report/730074.html More reports: http://service.made-in-china.com/market-analysis/industry-analysis-report-1.html
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In 2016, the growth rate of the value-added of machinery industry showed a trend of rising month by month. From January to December, the growth rate was 9.6% year-on-year, 4.1% higher than the growth rate of the previous year, and 3.6 percentage points higher than the national industrial growth rate over the same period.
Increase in main business revenue growth
In 2016, the machinery industry realized a total of 24.55 trillion yuan in main business income, an increase of 7.44% year-on-year, an increase of 4.12 percentage points over the same period of the previous year and an increase of 2.53 percentage points over the national industry of the same period. From the perspective of the year-round trend, the growth rate has increased month by month and has always been higher than the national industrial average over the same period.
Total profit continues to grow
In 2016, the total profit of the machinery industry was 1.68 trillion yuan, a year-on-year increase of 5.54%, which was 3.08 percentage points higher than the same period of the previous year. However, it was lower than the growth rate of the main business income during the same period and was also lower than the national average growth rate of industrial profits. The profit rate of main business income was 6.87%, a decrease of 0.12 percentage point from the previous year, and it has been declining for two consecutive years. The company's loss-making face was 11.91%, an increase of 0.41 percentage points over the previous year; the amount of losses increased by 6.25%.
Most product output keeps growing
Of the 64 major mechanical products announced by the National Bureau of Statistics, 41 achieved growth in production, accounting for 64.1%; 23 products fell in output, accounting for 35.9%. The proportion of products that achieve output growth has increased by 36% from the previous year.
Investment growth fell too fast
In 2016, the investment in fixed assets of the machinery industry continued the downward trend of growth rate in recent years. From January to December, the accumulated investment was 5.01 trillion yuan, an increase of only 1.7% year-on-year, which was lower than the total social and manufacturing investment growth rate of 6.4 and 2.5 respectively. The percentage point has dropped by 8 percentage points compared with the increase in investment in machinery industry in the previous year, and the growth rate has dropped for five consecutive years.
Ordering situation is still unstable
In 2016, the sluggish demand of the machinery industry did not improve significantly. From January to December, the accumulated orders of key enterprises in the machinery industry increased by 10.37% year-on-year. Although the data showed a rebound from the previous year, the ordering situation was still unstable, engineering, heavy-duty, The orders of enterprises in mining machinery, petroleum machinery and other related industries are obviously insufficient. At the same time, the quality of orders has declined.
Total import and export volume continued to decline
In 2016, the foreign trade of the machinery industry continued the weakness of the previous year, and the total foreign trade continued to show negative growth. The total volume of imports and exports reached 647.45 billion U.S. dollars, a year-on-year decrease of 2.86%, of which imports were 272.7 billion U.S. dollars, down 1.82% year-on-year, and the decline was narrower than last year; exports were 374.8 billion U.S. dollars, down 3.6% year-on-year, and have been negative for two consecutive years. The trade surplus for the whole year was US$102 billion.
Product price index rebounded slightly
In 2016, the prices of machinery industry products generally continued the downward trend in recent years. The producer price index of machinery industry producers was below 100 in the whole year. From the trend, the decline in the price index of mechanical products is narrowing, with the price index for December being 99.8, which is an increase of 1.5 percentage points from the beginning of the year. However, compared with the increase in the purchase price index of industrial producers during the same period (up 12.1 percentage points), the rebound in the prices of mechanical products is difficult.
