The domestic excavator sales volume in November wa

In November, the sales volume of 6664 domestic excavators soared by 73%

in November, the sales volume of 6664 domestic excavators soared by 73%

China Construction machinery information

in November, the sales volume of excavators increased rapidly. It is understood that in November, the domestic excavator sales volume was 6664, an increase of 72.64% year-on-year. At the same time, heavy truck sales soared by 88%, setting a new record

Sany crawler excavator

in the past 11 months, the cumulative sales of excavators in the month was 63410, an increase of 21% year-on-year. Among them, Sany Heavy industry achieved sales of 1416 units, with a year-on-year increase of 107.02%

the real recovery of demand is reflected in the recovery of the whole industry, which is spreading from the single point of excavator sales to other categories of equipment. From the perspective of the sales structure of excavators, both large and small excavations have been greatly improved, and the separation of base color masterbatch and masterbatch has made a significant contribution to the construction and real estate

the monthly growth rate of excavators has maintained a high monthly growth. Looking back at the cumulative sales trend of excavators since the month, after the monthly rise fell, the growth rate has risen all the way since May. In the same period, the same direction expansion of real estate and infrastructure has brought demand resonance, and the new construction area has continued to improve this year. In October, China's new housing construction area was 147.2 million square meters, with a year-on-year increase of 19.95%, The infrastructure side is still making efforts under the keynote of steady growth

excavator construction work

with the recovery of industry demand, the profit base of construction machinery enterprises is gradually recovering. From the third quarter report, some enterprises with sufficient capacity in the early stage also gradually rebounded in terms of income and cash flow. It is expected that next year will usher in flexibility in the income statement. For example, in the first three quarters of 2016, Sany Heavy Industry saw a total swing number profit of 170million yuan when the net or all lines were disconnected and unable to be powered on, but the net operating cash flow reached 2billion yuan

as the sales continue to exceed the expected performance, the medium-term demand for construction machinery still exists. First of all, the rebuilding inventory of regulated cities has just begun. Once the trend exposure is formed, it has a natural continuation trend. Secondly, the government has a strong demand for economic growth

the real recovery of demand for excavator construction work

is reflected in the recovery of the whole industry, which is spreading from the single point of excavator sales to other categories of equipment. From the indicators we observed, the growth rate of loaders has expanded month by month since April, and positive growth has been achieved in October. The monthly growth rate of forklift sales is more than 20%, and the growth trend is basically consistent with that of excavators

from the perspective of the structure of excavator sales, both large-scale excavation and small-scale excavation have increased significantly, and the contribution of infrastructure and real estate is obvious

(selected from securities Star and GF Securities)