Since 2016, China's rubber machinery industry has successfully bottomed out, and continued to improve in 2017. All major economic indicators have turned positive, with double-digit growth in sales revenue, a substantial increase in export earnings, and a substantial increase in corporate profitability. At present, the tire industry is improving, and the rubber tire industry has stepped out of the downward channel. The overseas investment of China's tire enterprises is active, and the transformation and upgrading is in progress. The demand for rubber machinery, especially high-precision intelligent rubber machinery, is improving. It is predicted that China's rubber machinery industry will officially enter the upward channel.
1、 Double digit growth of sales revenue of rubber machinery
According to the statistics of the main economic indicators of 24 major rubber machinery manufacturers in 2017 by the rubber machinery professional committee of China Chemical Equipment Association, the sales revenue of rubber machinery is 7.735 billion yuan, with a year-on-year growth of 11.3%. Based on this, the total sales revenue of China's rubber machinery in 2017 is 10.65 billion yuan, with a year-on-year growth of 10.9%. This is the first year-on-year increase in the sales revenue of rubber machinery since 2015, indicating that the rubber machinery industry has stepped out of the decline channel. In 2017, the overall operating rate was relatively high, with quite a number of enterprises producing at full capacity, such as Tianjin Saixiang, Zhonghao Lichuang, etc. According to the sales revenue ranking, the top ten are soft control Co., Ltd., Sachi company, Dalian Rubber plastic, Shuangxing machinery, Fujian Sanming, Tianjin Saixiang, Yiyang Rubber machinery, Guilin rubber machinery, Guilin rubber design and Wanxiang Xinyuan. The sales revenue of rubber machinery increased by 15, decreased by 8, and 1 was flat. Guilin zhonghaolichuang, Inner Mongolia Fute and Huaao tire equipment have a larger growth rate, and their growth rates have more than doubled. The sales revenue of the top ten was 6.54 billion yuan, accounting for 61.4% of the total sales revenue, and the industry concentration increased by 0.7%, showing the phenomenon that the strong are always strong.
2、 Change of industry profitability
According to the statistics of the reporting units, the profit increased significantly compared with the same period last year, and the profitability of the industry increased significantly. The profits of the three listed rubber machinery enterprises improved significantly, and the profit of soft control shares increased from a large loss in 2016 to a profit of more than 90 million yuan in 2017. All the enterprises are making positive profits, and the number of enterprises with increasing profits accounts for the majority. The main driving force for the profit growth of the rubber machinery industry is the increase of orders and the improvement of product gross profit margin, but the substantial rise of raw materials compresses the profit margin. The number of employees decreased by 5%, mainly driven by the improvement of automation level of the industry. According to the reported data, the output value of new products of enterprises decreased by 9%, and the inventory of rubber machinery enterprises was flat on a year-on-year basis.
3、 The growth of foreign exchange earning through export and the improvement of internationalization
The export delivery value of 24 enterprises was 1.836 billion yuan, up 32.3% year on year. It is estimated that the total export earnings of China's rubber machinery industry in 2017 was 360 million US dollars, up 20% year on year. According to the export delivery value, the top ten are soft control, Tianjin Saixiang, Guilin rubber machinery, Huaao tire equipment, Yiyang Rubber machinery, Beijing Jingye, Dalian Rubber plastic, Guilin rubber design, Fujian Sanming and Wuxi shuangxiang. Fujian Sanming, Huaao tire equipment and Saixiang Technology Co., Ltd. are the enterprises with a large increase in export earnings. The best export enterprise is Huaao tire equipment, whose export delivery value accounts for 77% of the total sales. It has become an international enterprise focusing on export. The total export delivery value of the rubber machinery industry accounted for 22.0% of the total sales, up 1.7% over the previous year. The growth of foreign exchange earning mainly comes from the fact that China's tire enterprises set up tire factories in the United States and Southeast Asia in order to cope with the "double anti" of the United States, resulting in a small upsurge in the demand for rubber machinery. At present, China's tire enterprises continue to build overseas factories. According to the preliminary statistics, more than 10 tire projects are being started or planned to be started, which will promote the export of China's rubber machinery to earn foreign exchange. International Tire investment is stable, and there are many tire investment projects in German mainland and Bridgestone, which lays a good foundation for China's rubber machinery export. It is predicted that China's rubber machinery export will continue to be good in 2018, and the internationalization degree of China's rubber machinery will be further improved.
