This year China's instrumentation industry profits

According to Yan Jiacheng, Honorary Chairman of China Instrument and Meter Industry Association, the production and sales of the instrument and meter industry have been generally normal since the beginning of this year. In the first half of the year, the profit growth of the industry rebounded. The main profit rate continued to rise, the import and export trend was stronger than expected, and the increase reached Two digits.

Although the beginning of the year opened lower, the main income of China's instrumentation industry rose month by month. By June this year, the growth rate of the main income of the industry had exceeded the national manufacturing growth by 2.8 percentage points.

He judged that it is expected that the annual production and sales of the instrumentation industry can reach a predetermined target of about 15%, maintaining a medium-to-high-speed growth.

Main business income rises month by month

Yan Jiacheng analysis said that because of the high base last year, the increase in the value of main income of instrument and meter industry in the beginning of this year hit a new low (6.5%) since the beginning of this century, and began to rise month by month from March to the second quarter. The growth rate of value added has exceeded 12%. In June, the increase in the value of main business income has reached 12.6%, exceeding the national manufacturing growth by 2.8 percentage points, exceeding the mechanical industry by 1.9 percentage points; from January to June, the main revenue increased. The cumulative increase in value was higher than the national manufacturing growth by 0.5%, 0.8% lower than the growth rate of the machinery industry.

The overall situation of production and sales in the industry was normal and the demand was slightly weaker. There was no apparent overcapacity. It is expected that the annual production and sales can reach a predetermined target of about 15%, and maintain high-speed growth. Jia Jiacheng said.

From the perspective of the industry, the main revenues of environmental monitoring, testing machines, analytical instruments, agriculture, forestry, animal husbandry and fishery equipment, surveying and mapping equipment, electronic measurement, industrial automation and other sub-industries have maintained an increase of more than 15%; due to weak real estate, commercial vehicles and The growth of domestic cars was not affected, and the growth of supply instrumentation and vehicle instrumentation slowed down; due to the unsatisfactory structural adjustment and the gradual saturating demand for traditional products, the increase in weighing instruments and clocks and timepieces was relatively low.

Profit growth gradually rises

Earlier this year, the year-on-year growth of profits of the instrumentation and metering industry started at a low level and began to rebound in the second quarter, but the margin was modest.

According to reports, the industry's accounts receivable, finished goods inventory, operating expenses, management fees, and financial expenses are all more than the increase in main income, especially the inventory of finished products has risen significantly. The year-on-year increase has been from the end of last year. 9.16% rose to 18.11% this year.

In each sub-sector, the profits of supply instruments, environmental monitoring instruments, testing machines, exploration seismic instruments, electronic measuring instruments, timing instruments, optical instruments, scales, etc. increased year-on-year; electrical instruments, surveying and mapping instruments, analytical instruments, and vehicles The use of instruments, navigational meteorological instruments, teaching instruments, and medical instruments is equivalent to a low or negative growth in single digits.

In addition, the profit growth of small and medium-sized enterprises in the industry is higher than that of large enterprises. The increase in profits of Chinese-funded enterprises is higher than that of foreign-funded enterprises. Since the beginning of this year, the number of loss-making enterprises in the industry has increased slightly, accounting for 18.64%, an increase of 8.05% year-on-year, but the loss has decreased by 1.49% year-on-year.

Jia Jiacheng said that currently only a small proportion of companies in the industry with significant technological progress and modern management can achieve profit margins of more than 15%. Most companies are still in a state of low profit. The 13.14% year-over-year increase in main operating costs is close to the 12.61% increase in main business income. The dramatic increase in manpower costs in recent years is gradually being digested.

It is expected that the industry's profit growth this year will reach a predetermined target of 13%, and the main revenue profit margin will remain at a high level of over 8.5%.

Imports and exports are stronger than expected

The increase in imports for the instrumentation industry has been falsing in one digit for three consecutive years. It has suddenly increased to a double-digit high point early this year and has remained throughout the first half of the year. Jia Jiacheng said.

While the domestic economy is in an adjustment period and the demand has not yet grown, the increase in imports of the instrumentation industry has increased dramatically. One of the important factors is the new round of tariff reductions caused by the international trade struggle. Many instruments and meters have been included. Electronic products, environmental protection products and reduce tariffs. Among them, the most influential are all kinds of medium-to-high-end test equipment, such as optical instruments for semiconductor wafer or component manufacturing, inspection instruments, high-grade microscopes, diffraction equipment, metal material testing machines, ultrasonic flaw detectors, gas or smoke analyzers, etc. The import of these products has increased substantially.

He analyzed that the reason for the double-digit increase in export growth is related to the slow recovery of the international market and to the increase in the competitiveness of domestic products. Large export commodities such as electricity meters have resumed positive growth after a slump last year, while optical components, electrical and electronic measuring instruments, and industrial automation instrumentation and control systems have increased by more than 20%. The export of high-end equipment such as decentralized control systems, on-board control equipment for rail transit, and nuclear magnetic resonance devices has also grown significantly.

Because of the base number and other reasons, it is expected that the export growth of the instrumentation industry will fall in the second half of the year, but it will still be able to maintain a double-digit increase over the increase in imports, and reduce the import and export deficit. He judged.

The control system can only enter the status change

The control system is a typical high-tech product. Its leading product decentralized control system DCS is the core equipment for industrial automation, digitalization, and information. Based on technological breakthroughs and industrialization in the past few years, in the first half of this year, DCS exerted its advantages in technology, cost performance, and service, and made continuous progress.

In the first half of the year, the DCS bid-winning rate with independent intellectual property rights increased, its market share has exceeded that of foreign companies, and it has entered several fields and companies that have long been dominated by foreign products. The scale of operation of Chinese-funded DCS companies has surpassed that of internationally renowned manufacturers in China. In addition to the main control system, special systems such as safety systems, nuclear power control systems, and rail traffic control systems have also made progress and breakthroughs.

The status of the control system as a high-end product that is only inaccessible for a long time is changing. Jia Jiacheng said that in the first half of this year, the amount of export of the ATP system on rail vehicles had exceeded 50 million U.S. dollars. The development of control systems has also led to the development and integration of optimization software, MES and other industrial control software, the improvement of assembly capabilities, and the development of high-end services such as MIV and MAV, which has expanded the engineering capabilities and profitability.

He also said that urban central heating is an important livelihood project in the fifteen provinces and cities in the North. For this purpose, the heating monitoring system and the heat metering technology have been matured and realized industrialization. At present, domestic heat metering and supply There are hundreds of companies that manufacture and produce thermal monitoring systems and urban heating engineering services. In recent years, more than 2 million heat meters have been manufactured, purchased and installed every year, and thousands of heat supply monitoring systems have been installed. ―The state has invested a large amount of financial and material resources to promote this project.

However, due to the lag in the reform of the heating management system and the household billing management method, most of the above monitoring systems and equipment have not yet been put into operation. Yan Jiacheng disclosed that the promotion and application of China's heating system has yet to be reformed.

Informatization advances in an orderly manner

Driven by the integration of the two policies, progress has been made in the production process informationization and digital workshops. The specialization of the production process informatization in the instrumentation and metering industry has been successfully started. The three pilot companies have also carried out their work as planned, and have expanded to the industry through forms such as mutual aid diagnosis.

It is reported that at present, some key enterprises in the industry have invested a lot of funds to build digital production lines and transform the old line to adapt to the requirements of informatization. Some small enterprises of about 200 people have hired foreign experts to transform production lines, put on robots, formulate information production plans, and promote the company's modern production model and digital production.

The industry will expand the experience of organizing the three pilot demonstration companies to 20 or 30 companies and influence the entire industry, with measures such as the informatization of the production process to promote changes in the industry. He said.