ZOOMLION is recovering strongly on the engineering machinery plate
The engineering machinery industry, which is closely related to the operating conditions of the macro economy, can be called the "barometer" of economic development. In October 28, 2016, China's equipment manufacturing leading enterprise ZOOMLION issued the third quarter performance report in 2016. The report shows that the first three quarters of the company achieved a total revenue of about 14 billion 103 million yuan; the company performed well in the third quarter, single quarter revenue 5 billion 99 million, rose 16.37%; single quarter net profit of 34 million, compared to the same period last year a substantial positive, business quality significantly improved.
ZOOMLION's responsible person revealed that the scale of the strategic emerging sector represented by the environmental industry, agricultural machinery and financial services continued to maintain a good momentum in the third quarter. According to the data disclosed in the Chinese newspaper, the income of the related plate accounts for 47%.
"Especially the growth of the environmental plate in the third quarter, laying a solid foundation for the company's reversals in the third quarter." The person in charge said.
In the near future, ZOOMLION's sanitation machinery exported to Japan to realize the first export of China's sanitation products to the high-end market in Japan. At the same time, the environmental plate has been awarded tens of millions of yuan and 100 million yuan from 7 to September. The star products of new multi-functional dust suppression cars continue to win the market, and road sweeper, sweeper and cleaning car still occupy the first place in the market. In addition, the company has also developed a residual soil car, a new generation of wet scavenging car and other innovative products, and further improve the industrial chain.
In the third quarter, the company's construction machinery plate income was growing more than the same period. For example, the growth of ZOOMLION truck crane products in the engineering machinery plate is outstanding. In September, the product sales increased by more than 70% over the same period of the same month.
"We are in the" The Belt and Road "along the country's sales volume is very good. In Saudi Arabia, the market share of our products is the first. " The company is responsible for the person.
Industry experts said that the second half of this year, the national infrastructure investment growth remain high, while the national "The Belt and Road" strategic preference for infrastructure construction. With the "The Belt and Road" strategy to promote the depth, concrete machinery, lifting machinery and engineering excavator demand is gradually peatlands.
In the three quarter, the author found that in the reporting period, ZOOMLION strengthened the cash flow control mechanism and improved the operating cash flow. The company's operating cash flow from 1 to September 2016 was 356 million, which achieved the first correction for the first time in nearly three years, with a significant improvement in -30.98 billion from 1 to September 2015.
The author also noted that in the reporting period, the gross profit margin of the company was about 25.4%, 0.7 percentage points higher than that of the half year report.
The person in charge said that the first half of the year experienced a process of transformation, but we firmly believe that the results of the transformation will gradually appear in the second half of the year. In the three quarter, the net profit and cash flow are in sync, and the increase in profitability is more proof of this. In the future, ZOOMLION do steady do fine engineering machinery sector at the same time, the agricultural environment, financial services and strategic emerging sectors grow big.
