Motor (micro motor) industry profit decreased 17.6% in the first half of the year, and the next phase will accelerate growth

According to the statistics of small and medium-sized motor branch of China Electrical Industry Association, the total industrial output value of motor industry was 28.83 billion yuan in the first half of 2012, down 2.2% year on year; The total output of the industry is 87008 kW, with a decrease of 7.377 million KW, a year-on-year decrease of 7.8%. The overall revenue growth of the motor industry in the first half of the year decreased significantly, with a year-on-year growth of only 7.95%. In terms of operating profit, the industry as a whole has a sharp downward trend, with the industry falling 2.44% in the first half of the year. www.sc-motor.cn/
Motor industry profit decreased 17.6% in the first half of the year, and the next phase will accelerate growth
From the overall situation of domestic motor industry, the first half of the year's economic operation slowed down, motor production and sales continued to decline, the export generally declined fiercely, the quality of the industry economic operation decreased, and the enterprise operating pressure increased.
Affected by the factors such as metallurgy, cement, real estate and the chemical industry, the pressure of enterprise inventory increases, capital deposit, orders decrease and output decreases. 39 of the 73 enterprises surveyed reduced production, accounting for 53.4% of the total number of enterprises; The sales performance of 43 enterprises has declined, 41 Enterprises' motor revenue has decreased, and all the profits of generators in 17 enterprises in the industry have decreased, accounting for 100% of 17 generator manufacturers in the industry.
The semi annual performance express report released by Oceania motor recently showed that the revenue in the first half of the year was RMB 340million, down 21.3% year on year; Net profit was 26.99 million yuan, a slight increase of 2.3% year-on-year, lower than the market expectation. Influenced by the macro-economy, the company's traditional motor business is depressed, and all motor businesses have declined to different degrees except for the increase of Elevator escalators and medium-sized high voltage products.
However, in the face of the adverse situation of the overall development of the industry in 2012, most enterprises are not worried. According to oceanwide motor analysis, the main reasons for the company's performance in the first half of the year are: the loss of falling price and the increase of labor cost have caused a sharp decline in gross profit rate of air conditioning motor products of the company, which is the main reason for the decrease of the company's profit in the reporting period. With the influence of high price inventory on Oceanian motor performance gradually subsided, the company's performance recovery speed in the second half of the year also increased significantly[ We still look forward to the development prospects of the company in the field of new energy vehicle motor and control system, and the company's performance is expected to grow rapidly under its leadership in the future. "
Compared with other motor enterprises, the information quality motor is growing against the trend in the same period. The company expects the net profit of January September 2012 to increase 20-50% year-on-year, and the net profit of 51.9588 million yuan in the same period of last year, according to the China news of Sinochem in 2012. The reason for the change of the performance of the information quality motor shows that: maintain the growth momentum in the first half of the year, the business is progressing well, and the development of new products will be strengthened.
Industry insiders said that the appropriate decline in the profits of the motor industry will not affect the development momentum of the industry all year. With the market of downstream industries warming, the second half of the year will be an opportunity for the rapid development of the motor industry.