The performance report of the hottest construction

2022-07-29
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The disclosure of the performance report of construction machinery enterprises: the revenue and profit both decreased

at the end of August, construction machinery enterprises released their semi annual reports one after another. Under the background of the downturn of the whole construction machinery industry in the first half of the year, the semi annual reports of machinery enterprises showed a decline in varying degrees

on the evening of August 27, Liugong released the semi annual report, which showed that the company achieved an operating income of 664million yuan in the first half of the year, a year-on-year decrease of 10.23%; The net profit attributable to the shareholders of the listed company was 261million yuan, a year-on-year decrease of 15.77%

on the evening of August 28, Zoomlion released its semi annual report, which showed that the company achieved an operating revenue of 20.165 billion yuan in the first half of the year, a year-on-year decrease of 30.75%; The net profit attributable to shareholders of listed companies was 2.906 billion yuan, a year-on-year decrease of 48.31%

on the evening of August 29, XCMG machinery released its semi annual report, which showed that the company achieved an operating revenue of 13.704 billion yuan in the first half of the year, a year-on-year decrease of 23.7%; The net profit attributable to the shareholders of the listed company was 851million yuan, a year-on-year decrease of 46.49%

on the evening of August 30, Sany Heavy Industry released its semi annual report, which showed that the company achieved an operating revenue of 22.085 billion yuan, a year-on-year decrease; Net profit attributable to shareholders of listed companies was 26.5 No. 2: EPS board could easily cut 100million yuan, a year-on-year decrease of 48.6%

however, it is worth noting that under the background of the cold winter of the industry, although the operating income and net profit of the above leading enterprises have decreased significantly, the net cash flow has increased to varying degrees. According to the semi annual report data, the net cash flow from Zoomlion's operating activities in the first half of the year was RMB 1.157 billion, an increase of 97.47% year-on-year; The net cash flow of XCMG machinery was relatively small, at 144million yuan, but increased by 104.33% year-on-year. Industry analysts believe that the significant increase in the net cash flow of Zoomlion and XCMG machinery shows that both companies have compressed the credit sales models such as financial leasing in the construction machinery industry on a large scale, so as to control the potential sales risks of the company

according to the data, Zoomlion reduced its interest bearing liabilities by more than 2.5 billion yuan in the first half of this year. As of the end of June, the company held monetary funds of 20.642 billion yuan, and the asset liability ratio was only 52.11%, maintaining the lowest level in the industry. Especially after the release of the semi annual report, Zoomlion's share price led the industry, and hit the daily limit on September 2. However, under the condition of reaching the same insulation performance, it rose as much as 8.1% throughout the day

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