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    Home > Chemicals Industry > China Chemical > Analysis of the operation situation of China's instrumentation industry in 2020

    Analysis of the operation situation of China's instrumentation industry in 2020

    • Last Update: 2022-02-23
    • Source: Internet
    • Author: User
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    【Chemical Machinery Equipment Network Market Analysis ] 2020, ChinaFacing the impact of the epidemic, the instrumentation industry turned crisis into opportunity, turned pressure into driving force, adjusted business strategy in a timely manner, focused on optimizing the industrial structure, tried to cultivate and expand new growth poles, demonstrated strong development resilience, and successfully completed revenue and growth.
    The profit growth target shows a gratifying trend of "increasing revenue and profit".
    The overall operation of China's instrumentation industry is stable and continues to improve.
    It has performed well in industrial manufacturing, especially intelligent manufacturing, and is worthy of a major responsibility
    .

     
    Chemical Machinery Equipment Network Market AnalysisChemical machinery and equipmentInstrumentation
    In 2020, the main income of China's instrumentation industry was 766 billion yuan, an increase of 41.
    736 billion yuan over the previous year, a year-on-year increase of 3.
    50%; the total profit was 81.
    971 billion yuan, an increase of 11.
    65% year-on-year; the export delivery value was 117.
    7 billion yuan, a year-on-year increase of 11.
    65%.
    A decrease of 1.
    76 billion yuan, a year-on-year decrease of 1.
    47%
    .

     

      Looking at the operation situation of China's instrumentation industry, it mainly presents the following five characteristics:
     

      Feature 1.
    The key indicators are gratifying, and a few indicators are slightly inferior
     

      In 2020, 7 key indicators including sales revenue, total profit, profit margin of main business, profit margin, operating safety rate, sales expense rate and management expense rate of the instrumentation industry are better than those of the same period in 2019; total asset utilization rate, accounts receivable The four indicators, including the inventory rate, product inventory rate, and financial expense rate, were inferior to 2019
    .

     

      Revenue and profits are increasing, and operational safety, operation management and cost control capabilities have improved: In 2020, China's instrumentation industry will show a trend of "both revenue and profit"
    .
    Realized operating income of 766 billion yuan, an increase of 3.
    50% year-on-year; total profit of 81.
    971 billion yuan, an increase of 11.
    65% year-on-year, an increase of more than double digits, which is the only major industry indicator with an increase of more than double digits.
    The operation management and cost control capabilities of China's instrumentation industry have been improved; the profit margin of the main business is 13.
    42%, a year-on-year increase of 0.
    97%; the profit margin is 10.
    70%, a year-on-year increase of 0.
    78%; the operating safety rate is as high as 53.
    28, a year-on-year increase of 2.
    86%; The industry's operating security status is ideal
    .

     

      The performance of asset utilization needs to be improved urgently, and the accounts receivable and product inventory are inferior to the previous year: In 2020, the total asset utilization rate of China's instrumentation industry is 70.
    60%, a negative growth of 4.
    89% year-on-year, showing that the asset utilization capacity and performance of domestic instrumentation enterprises still need to be The accounts receivable ratio was 30.
    62, a year-on-year increase of 2.
    88%; the product inventory ratio was 9.
    23%, a year-on-year increase of 0.
    79%; the financial expense ratio was 0.
    80%, a slight increase of 0.
    25% year-on-year
    .

     

      Feature 2.
    The regional distribution pattern is prominent, and the industrial agglomeration trend is prominent
     

      Looking at the development leaders of China's instrumentation industry in 2020, it mainly highlights the "three pillars" regional distribution pattern of "looking at the Pearl River Delta in the south, the Yangtze River Delta in the east, and Beijing, Tianjin and Hebei in the north"
    .

     

      As of the close of trading on the afternoon of June 3, 2021, among the 68 instrumentation companies that have been listed on the Shanghai Stock Exchange, the Main Board of the Shenzhen Stock Exchange, the Growth Enterprise Market, and the Science and Technology Innovation Board, they are listed in the Yangtze River Delta regions such as Jiangsu, Zhejiang, and Shanghai.
    There are a large number of enterprises, reaching 27, 10 from the Pearl River Delta region such as Guangzhou, Shenzhen, Foshan, Dongguan, etc.
    , and 8 from Beijing, Tianjin, Hebei and other Beijing-Tianjin-Hebei regions
    .
    The listed companies in the three major production areas of instrumentation, including the Pearl River Delta, the Yangtze River Delta, and Beijing-Tianjin-Hebei, account for 66.
    18% of the listed companies in the instrumentation industry in the country.
    The regional distribution pattern of the "three pillars" of the instrumentation industry is obvious
    .

     

      The top six listed companies in the national instrumentation industry by market value are all from the Pearl River Delta, Yangtze River Delta, and Beijing-Tianjin-Hebei instrumentation listed companies, and their market value exceeds at least the 10 billion mark
    .

     

      The listed companies of instruments and meters in the Pearl River Delta lead the way, taking the top two in market value
    .
    They are Huichuan Technology from Shenzhen, with a market value of 157.
    3 billion yuan; OPT from Dongguan, with a market value of 29.
    11 billion yuan
    .
    The market value of Inovance Technology’s 68 listed instrument and meter companies in A-shares is on the rise.
    The market value of only one listed instrument and meter company from the Pearl River Delta is enough to surpass the total number of instrument and meter listed companies in the province in economically underdeveloped provinces.
    market value
    .
    In addition, the fourth place in the market value is Tuobang, a listed company in the Pearl River Delta instrumentation company from Shenzhen, with a market value of 18.
    57 billion yuan
    .

     

      The listed companies in the Yangtze River Delta instrumentation ranked third and fifth in terms of market value
    .
    They are Samsung Medical from Zhejiang, with a market value of 24.
    82 billion yuan, ranking third; Linyang Energy from Jiangsu, with a market value of 11.
    51 billion yuan
    .
    The sixth in market value is a listed company of Beijing-Tianjin-Hebei Instruments and Instruments, from Beijing's Pony Test, with a market value of 10.
    90 billion yuan
    .

     

      At the same time, my country's instrumentation industry highlights the trend of industrial agglomeration
     

      Guangzhou, Shenzhen, Foshan, Dongguan and other instrumentation industry highlands in the Pearl River Delta region, Shanghai, Suzhou, Wuxi, Hangzhou, Ningbo in the Yangtze River Delta region, Beijing Haidian, Beijing Huairou, Tianjin Binhai, Hebei Chengde in the Beijing-Tianjin-Hebei region have emerged.
    It is a cluster of instrumentation characteristic industries that integrates the development of the upper, middle and lower reaches of the industrial chain
    .

     

      The Pearl River Delta, Yangtze River Delta, Beijing-Tianjin-Hebei and other instrumentation characteristic industry clusters have attracted attention in the domestic instrumentation industry in terms of the development scale of characteristic industries, scientific and technological research and development capabilities, and even innovation-driven capabilities, and have developed into local high-tech industries.
    important pillar industries and new economic growth poles for regional economic development
    .

     

      Feature 3.
    Steady growth in the industry's main business income
     

      In 2020, the main income of China's instrumentation industry is 766 billion yuan, an increase of 41.
    736 billion yuan over the previous year, a year-on-year increase of 3.
    50%
    .

     

      Analyzing the sub-sectors of instrumentation, the following sub-industries have outstanding revenue performance:
     

      The revenue of the automation instrument manufacturing industry is firmly in the forefront: in 2020, in the instrumentation sub-industry, the main revenue is the automation instrument manufacturing industry, with an operating income of 282.
    97 billion yuan, a year-on-year increase of 5.
    50%, and the revenue accounts for 36.
    94% of the entire industry
    .

     

      The revenue of the optical instrument manufacturing industry has grown steadily: the operating revenue of the optical instrument manufacturing industry was 81.
    94 billion yuan, a year-on-year increase of 3.
    33%, and the revenue accounted for 10.
    70% of the entire industry, ranking second
    .

     

      The electrical instrument manufacturing industry has increased rapidly: the operating income of the electrical instrument manufacturing industry was 80.
    12 billion yuan, a year-on-year increase of 10.
    53%, and the growth rate exceeded double digits.
    The revenue accounted for 10.
    46% of the entire industry, ranking third
    .

     

      The revenue of the electronic instrument manufacturing industry increased steadily: the revenue of the electronic instrument manufacturing industry followed closely, with an operating income of 31.
    97 billion yuan, a year-on-year increase of 9.
    93%, and the revenue accounted for 4.
    17% of the entire industry, ranking fourth
    .

     

      Feature 4.
    Strong growth in industry profits
     

      In 2020, China's instrumentation industry achieved a total profit of 81.
    971 billion yuan, a year-on-year increase of more than double digits, reaching 11.
    65%
    .

     

      In the segment of analytical instrumentation , the following sub-sectors performed well in profit:
     
    Analytical Instruments
      The profit of the automation instrument manufacturing industry is firmly in the leading position in the industry: in terms of total profit, the total profit of the automation manufacturing industry matches the revenue, ranking first in the instrumentation sub-industry.
    It increased by 9.
    23%, and the profit accounted for 34.
    12% of the whole industry
    .

     

      The profit of the electrical instrument manufacturing industry has increased dramatically: In 2020, the electrical instrument manufacturing industry will realize a profit of 10.
    663 billion yuan.
    In terms of profit growth, the electrical instrument manufacturing industry has the largest profit increase, with a year-on-year increase of 85.
    96%, and the profit accounts for 13.
    01% of the entire industry
    .

     

      The profit of the analytical instrument manufacturing industry has soared: in 2020, the analytical instrument manufacturing industry will realize a profit of 4.
    965 billion yuan, a year-on-year increase of 31.
    91%, and the profit will account for 6.
    06% of the entire industry
    .

     

      The profit of the electronic instrument manufacturing industry has increased greatly: the profit of the electronic instrument manufacturing industry followed closely, with a profit of 4.
    606 billion yuan, a year-on-year increase of more than double digits, an increase of 12.
    12%, and the profit accounted for 5.
    62% of the entire industry.
    It is better than the proportion of the entire industry in terms of revenue, which shows the remarkable ability of electronic instrument manufacturing operation management and cost control
    .

     

      Feature 5.
    Export delivery value declined slightly due to the impact of the epidemic
     

      In 2020, due to the impact of the large-scale outbreak of the new crown epidemic in the world, international trade activities and logistics transportation have been greatly affected.
    For the first time, the export delivery value of China's instrumentation industry has dropped for the first time.
    The export delivery value is 117.
    7 billion yuan, a decrease of 17.
    6% from the previous year.
    100 million yuan, a year-on-year decrease of 1.
    47%
    .
    Among them, the optical instrument manufacturing industry, whose export delivery value ranks first in the industry (accounting for 22.
    95%), is 27.
    012 billion yuan, a year-on-year decrease of 1.
    53%, which affects the overall export delivery value of the entire industry to a certain extent
    .

     

      Looking at the sub-sectors, the export delivery value of the following sub-sectors increased against the trend:
     

      The export of automation manufacturing has increased steadily against the trend: the export delivery value of automated manufacturing is 25.
    027 billion yuan, a year-on-year increase of 4.
    60%, and the export delivery value accounts for 21.
    26% of the entire industry
    .

     

      The export of the electrical instrument manufacturing industry has greatly increased against the trend: the export delivery value of the electrical instrument manufacturing industry was 7.
    646 billion yuan, a year-on-year increase of 16.
    74%.
    The electrical instrument manufacturing industry has effectively developed foreign markets under the impact of the global new crown epidemic, successfully breaking through and growing strongly , the performance is particularly bright, its growth rate exceeds double digits, and the export delivery value accounts for 6.
    50% of the entire industry
    .

     

      Original title: Analysis of the operation situation of China's instrumentation industry in 2020
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