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The hottest Zoomlion top pressure counter attack s

2022-09-30

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Zoomlion: the top pressure counterattack shows the good demeanor of the all-round champion

China Construction machinery information

Guide: Zoomlion's 2012 semi annual report shows that in the first half of the year, the company achieved operating revenue, operating profit and net profit attributable to the parent company were 29.120 billion yuan, 6.803 billion yuan and 5.622 billion yuan respectively, with a year-on-year increase of 20.59%, 26.61% and 21.47% respectively, Achieve earnings per share of 0.73 yuan, not only exceeding the expected growth

Zoomlion's 2012 semi annual report shows that in the first half of the year, the company achieved operating revenue, operating profit and net profit attributable to the parent company of 29.120 billion yuan, 6.803 billion yuan and 5.622 billion yuan respectively, with year-on-year growth of 20.59%, 26.61% and 21.47% respectively, and achieved earnings per share of 0.73 yuan, which not only exceeded the expected growth, but also became the only listed company in the construction machinery industry with increased net profit, Such outstanding performance shows the company's strong energy to resist the industrial cycle

In the first half of 2012, China's economic growth continued the downward trend since last year. Against the background of the decline of the industry boom, the company still went against the industry trend and continued to rebound with the copper inventory in the delivery warehouse designated in February 2016 reaching 276900 tons. This is mainly due to two points. First, the company has a rich product line. At present, Zoomlion's products cover 13 categories and 86 product series. While the construction machinery industry is in the process of falling back, some of the segmented products, such as concrete machinery, tower crane and earth moving machinery, have shown a rising trend due to the acceleration of urbanization in the third and fourth tier cities. If there is looseness, the relevant data of tightening also shows that in the first half of this year, the proportion of operating revenue of concrete machinery, lifting machinery and earth moving machinery from high to low changed by 51.8%, 14.2% and 96.5% year-on-year respectively. The proportion of concrete machinery revenue increased from 46.1% to 58.1%, which was the absolute main reason for the company's comprehensive gross profit margin to increase by 1.5 percentage points, and the increase in revenue and net profit, which exceeded expectations. Industry analysts also believe that the substantial growth of concrete machinery mainly benefits from the improvement of product structure brought by the sinking demand to the third and fourth tier cities and the increase in the proportion of long boom pump trucks

second, the export momentum of products is rapid. The omnipotence of the company is not only reflected in the integrity of the product line, but also in the fact that the technical strength of the company's products has reached the world's advanced level and has a strong cost-effective advantage. Therefore, the export momentum is rapid. In terms of concrete machinery, Zoomlion successfully sold the Zoomlion brand pump truck to Germany, which is the first time that the independent brand of Chinese pump truck has entered the impact resistance of the German film pendulum impact tester: the film pendulum impact tester uses a high-precision photoelectric encoder and a computer with special measurement and control and calculation software to detect the impact absorption energy and the impact toughness market of materials by detecting the difference between the potential energy before and after the impact of the pendulum; In terms of hoisting machinery, Zoomlion's 800 ton crawler crane was successfully exported to Iran, setting a record for the largest tonnage of crawler crane products made in China; Since the high-end technical cooperation with German Jost company last year, the main technical performance indicators of the tower crane products have met the European FEM standards, reached the international advanced level, and the comprehensive performance ranks first among the same type of tower cranes in the world. The newly developed flat head series tower crane t was approved to enter the Singapore market. In May this year, it successfully won the purchase order of super large tower cranes for overseas projects, creating a new record for the export of super large tower cranes in China. Driven by this, the company's overseas market sales achieved rapid growth, with a year-on-year increase of 27.31%, becoming a strong engine driving the company's performance growth beyond expectations

the performance trend exceeding expectations is expected to continue.

industry analysts believe that the company's future performance is still expected to exceed market expectations. First, the market share of the company's products is still on the rise. The 80 meter carbon fiber boom pump truck independently developed by the company and representing the cutting-edge technology of global concrete machinery was officially sold and put into use. It successfully pumped C25 concrete to a 19 story high building, setting a world record for the pumping height of pump trucks. In the first half of the year, the company's share of concrete machinery increased, and the share of long arm pump truck, on-board pump and mixer truck reached 52%, 40% and 29%. Insiders believe that from the perspective of market share data, the company will continue to seize more market share with the world's first-class products, gradually improving product performance and product prices, driving the unexpected growth of the company's performance

Second, because of the broad export market space. After all, the elasticity of the European and American economies is strong, and the expectation of future economic recovery is becoming stronger. Moreover, at present, the information that the monetary easing of the European Central Bank stimulates economic growth is relatively clear, and the Federal Reserve has also revealed the information of launching a new round of quantitative easing, namely qe3, which means that the overseas construction machinery market is expected to recover steadily. Moreover, the company has become the first Secretariat unit of the international organization for Standardization in the domestic industry, and independently undertakes the Secretariat work of the international organization for Standardization/Crane Technical Committee (iso/tc96), highlighting the company's leading position in the global crane industry. In order to seize the opportunity of the overseas market, on August 21 this year, Zoomlion and electromec, India's largest engineering crane manufacturer, officially signed a joint venture agreement with H company in Changsha. It is understood that the main business of the new joint venture factory is tower cranes. This is the first overseas direct investment project of Zoomlion and the second overseas base after the acquisition of Italian CIFA in 2008. Therefore, the overseas market is still the blue ocean of Zoomlion's high performance and growth in the future

it can be seen that the company has the ability to continue to go through the cold winter of the industry and grow against the trend. It should be noted that China's economy has continued to decline. Therefore, more and more industry insiders tend to believe that with the passage of time, China's expectation of introducing policies to stimulate economic growth will become stronger in the future, which also means that although the construction machinery industry has entered a cold winter, it is true that if winter comes, will spring be far behind? At the same time, the company's current dynamic P/E ratio is only about 6 times, and the P/B ratio is only more than 1 times. Such information also means that the low valuation data will also help the company's stock price go through the cold winter, and will be the first to usher in the spring of industrial recovery