The structural bull market in the rubber machinery industry highlights

In the first half of this year, China's rubber machinery industry completely out of the impact of the new crown pneumonia epidemic, sales revenue, export earnings, and profits have all increased significantly, and major economic indicators have gone viral across the board

Industry insiders believe that most companies in the rubber machinery industry, especially leading companies, have full orders, especially as the foreign epidemic situation improves, foreign exchange earnings from exports will further improve in the second half of the year

Significant increase in sales revenue

According to the statistics of the Rubber Machinery Professional Committee of the China Chemical Equipment Association (referred to as the Rubber Machinery Special Committee), in the first half of the year, the sales of 20 major rubber machinery enterprises across the country were 3.

The Rubber Machinery Special Committee believes that the main reason for the substantial increase in sales revenue is that rubber machinery companies generally boomed in production and sales in the first half of this year, and the industry's operating rate remained at a high level.

It is understood that the companies with higher sales revenue in the first half of the year are mainly Soft Control, Dalian Rubber and Plastic Machinery, Tianjin Saixiang Technology, Yiyang Rubber and Plastic Machinery, Guilin Rubber Machinery, etc.

On the whole, most rubber machinery companies have basically filled their orders in the second half of the year.

Loss-making companies have decreased significantly

　　According to statistics from the Rubber Machinery Special Committee, in the first half of the year, the profits of the 20 major rubber machinery factories across the country increased by 189.

　　The Rubber Machinery Special Committee believes that the main reason for the substantial increase in profits was the abnormal production and operation of the enterprises in the same period last year, and most of the enterprises suffered losses and the comparative base was low

　　However, the overall gross profit level of products in the rubber machinery industry this year is still low, and profitability is not strong.

　　It is understood that in the first half of this year, the sales rate of rubber machinery companies was very high, many companies reached 100%, and the products were sent to customers as soon as they landed

　　It is worth noting that the biggest problem in the rubber machinery industry is that the price of raw materials such as steel remains high, which has a greater impact on the profitability of the industry

　　Double-digit growth in foreign exchange earnings from exports

　　According to statistics from the Rubber Machinery Special Committee, in the first half of the year, the export delivery value of 20 major rubber machinery factories across the country was 711 million yuan, a year-on-year increase of 48.

　　It is understood that in the first half of the year, the total export delivery value of China's rubber machinery industry accounted for 28.

　　The Rubber Machinery Special Committee believes that the main reason for the increase in exports is that since the fourth quarter of last year, China’s tire industry has launched more new and expanded projects abroad, especially in Southeast Asia, and there is a strong demand for rubber machinery.