The performance continues to improve, and the profit of the tufting machine is approaching the critical point of growth

The performance continues to improve, and the profit of the tufting machine is close to the critical point of growth. At that time, a robot and automation zone will be set up. The commercial consul generals of 11 consulates general in Guangzhou have confirmed that they will enter the exhibition. The operating income of listed companies in the machinery sector was 561.07 billion yuan in the first half of the year, a year-on-year increase of 5.73%; the net profit attributable to the parent company was 27.19 billion yuan, a year-on-year decrease of 2.53%.

As the largest mold, tufting machine, metal processing and plastic machinery exhibition in South China,“DMP Exhibition”This year, the exhibition area once again broke the historical record. The recovery trend of the machinery industry is obvious, continuing the trend in the first half of the year. In the third quarter, the year-on-year growth trend of the industry's total revenue remained unchanged, and it has basically reached the critical point of growth. We believe that the trend of improvement in the industry cycle has basically arrived. Afterwards, as product prices increase and fixed costs are further allocated, costs will decrease, and profitability will gradually improve afterwards.

With the shortage of domestic labor population and the rapid rise of wage costs, the automation equipment and energy-saving solutions of tufting machines will become a highlight of this year's DMP exhibition. Both domestically and overseas are advancing side by side, and the performance in the third quarter proves the high growth. Among the 9 representative railway equipment companies we selected, the total revenue in the first three quarters of 2014 was 161.902 billion yuan, a year-on-year increase of 28%; the net profit was 8.553 billion yuan, a year-on-year increase of 66%. Although the performance growth rate of enterprises in the sector has declined, in the medium and long term, the application of shale gas exploration, the reform of natural gas pricing, and the export of oil service business all have thematic opportunities, and when the anti-corruption in the oil industry comes to an end, some Valuation recovery opportunities for individual stocks.

Nearly a hundred world-class suppliers of tufting machine automation equipment will focus on launching various new technology automation machinery equipment, energy-saving products and high-precision equipment at this exhibition. Domestic railway investment continues to exceed expectations, overseas equipment projects are reporting frequent successes, and the industry is booming. It is optimistic that future profitability will continue to improve. Industry consolidation is intensifying, and the inflection point of performance is approaching. In 2014, the global economy continued to pick up, and international trade recovered. In 2013-14, the recovery of the shipping industry was faster than expected, which also drove the bottoming out of the profitability of related shipping equipment companies.