The hottest trend of China's machine tool industry

In the first three quarters of 2017, the development of China's machine tool industry was stable and tended to be good

from January 1 to September 30, 2017, supported by the gradual recovery of market demand, the machine tool market and industry operation showed a warming and stabilizing situation. Recently, some machine tool enterprises have successively announced the performance forecast for the first three quarters of 2017. Among them, Qinchuan machine tool, Huazhong CNC, Jinsheng intelligent, Haozhi electromechanical and other enterprises' performance has rebounded steadily, and the net profit has turned from loss to profit. Randomly collated the performance forecast of the first three quarters of six enterprises, the specific contents are as follows:

1. Qinchuan machine tool

Qinchuan machine tool (000837) announced the performance forecast of the first three quarters of 2017 on the evening of October 13. The company's net profit attributable to shareholders of listed companies from January 1 to September 30, 2017 was 5-10 million yuan, with a loss of 23.8548 million yuan in the same period of last year, including a profit of 2-7 million yuan in the third quarter

for the growth of performance, the company said: affected by the market recovery of new energy vehicles and commercial vehicles, the company's orders increased significantly in the first three quarters, the production and sales volume increased rapidly year-on-year, and the profitability increased significantly. It is expected to turn losses into profits year-on-year. Among them, the monthly estimated non recurring profit and loss is 76.95 million yuan, with a year-on-year increase of 30.32 million yuan, mainly due to trust product income and government subsidies

1. Huazhong CNC

Huazhong CNC released the performance forecast for the first three quarters of 2017 on October 13. It is estimated that the net profit of the company's sunshine power aircraft in 2017, which has landed safely in Seville, Spain, is 3.47 million yuan - 8.47 million yuan, compared with -35.235 million yuan in the same period of last year, with a year-on-year increase of 109.85% - 124.04%

the company's performance in the first three quarters of 2017 increased compared with the same period last year, mainly due to: 1 The operating revenue of the company in the first three quarters of 2017 increased compared with the same period of last year. 2. The non operating income of the company in the first three quarters of 2017 increased compared with the same period of last year. Mainly due to the impact of Jiangsu Jinming Industrial Robot Automation Co., Ltd. being included in the consolidated statements, especially in terms of waste diesel enterprises, as well as the impact of the company's own robot, motor, machine tool and other business areas on the increase in operating income

2. Jinsheng intelligent

Jinsheng intelligent released the performance forecast for the first three quarters of 2017 on October 13. It is expected that the company's monthly net profit in 2017 will be 413 million yuan - 421 million yuan, compared with 79.809 million yuan in the same period of last year, with a year-on-year increase of 417.13% - 427.15%

the main reasons for the substantial growth of the company's performance: the sales of drilling, milling and tapping machines in the company's high-end equipment manufacturing business continued to grow steadily, and new products such as glass engraving machines and sweepers began to be shipped in batches, driving the steady growth of net profit. At the same time, the company compressed and integrated the business of precision structural parts of consumer electronics, constantly promoted the release of production capacity of metal precision structural parts projects and the improvement of product yield, ensuring the stability of the profits of precision structural parts business of consumer electronics

3. Haozhi electromechanical

Haozhi electromechanical released the performance forecast for the first three quarters of 2017 on October 13. It is estimated that the monthly net profit of the company in 2017 is 54.5 million yuan - 59.8 million yuan, compared with 53.8262 million yuan in the same period of last year, with a year-on-year increase of 1.25% - 11.1%

the company said that the above prediction was made for the following reasons: benefiting from the equipment demand of 3C industry, the sales revenue of the company's drilling center spindle, high-speed machining center spindle, CNC engraving and milling machine spindle and turntable and other products increased steadily, but affected by the significant increase in management expenses and sales expenses, the net profit of the company in the first three quarters increased slightly compared with the same period of the previous year, Among them, the impact of non recurring gains and losses on net profit is about 4.7 million yuan -5.3 million yuan

4. Nantong forging

Nantong forging released the performance forecast for the first three quarters of 2017 on October 13. It is estimated that the monthly net profit of the company in 2017 is 7.5 million yuan - 8.7 million yuan, compared with 4.3522 million yuan in the same period of last year, with a year-on-year increase of 72.33% - 99.9%

the company said that the above prediction was made for the following reasons: 1. During the reporting period, the company completed the acquisition of Shenzhen olive leaf Technology Co., Ltd. (hereinafter referred to as "olive leaf") and consolidated its financial statements from July 2017. Olive leaf's good profitability played a driving role in improving the company's net profit; 2. During the reporting period, the gross profit margin of the company's main products decreased due to the increase in raw material procurement costs and labor costs. In particular, the wear and tear particles hit the mechanical press with charged particles (generally with electric spark) at high temperature, which had a certain negative impact on the gross profit margin. 3. During the reporting period, the intermediary expenses incurred in the company's major asset restructuring have a great impact on the company's profits; Due to the adverse impact of the industry situation and market demand, absorbing the advantages of the same type of experimental machines at home and abroad, the sales revenue was basically flat, and the scale effect of the company failed to appear, resulting in the company's net profit still at a low level. 4. During the reporting period, the company estimated that the impact of non recurring profits and losses on the net profit attributable to shareholders of the listed company was about 4.52 million yuan; The impact of non recurring profit and loss on the net profit attributable to shareholders of the listed company in the same period of last year was 327000 yuan

5. Southern bearing

on August 7, southern bearing (002553) released a performance forecast. The company estimated that the net profit attributable to shareholders of Listed Companies in 2017 was 63.4838 million to 75.576 million, with a year-on-year change of 5.00% to 25.00%, and the average net profit growth rate of the auto parts industry was 40.71%

the company said that the above prediction was made for the following reasons: in the first three quarters of 2017, the sales of drilling, milling and tapping machines in the company's high-end equipment manufacturing business continued to grow steadily, and new products such as glass engraving machines and brooming machines began to be shipped in batches, bringing steady growth in net profit. In the first three quarters of 2017, the company compressed and integrated the precision structure business of consumer electronics, continued to promote the release of production capacity of metal precision structure projects and the improvement of product yield, and the profit of precision structure business of consumer electronics remained stable

in addition, Yuhuan CNC predicts that the net profit in 2017 will be 62million yuan to 66million yuan, with a year-on-year increase of 31.63% to 40.12%; Hongya CNC estimated that the net profit attributable to the shareholders of the listed company in 2017 was 170 to 200 million yuan, with a year-on-year increase of 41.58% to 66.57%