The situation of China's machine tool industry is grim under the financial crisis

China Machine Tool Industry Association (CMTBA) recently released the "2009 Machine Tool Industry Research Report", analyzing the impact of the financial crisis on the Chinese machine tool industry. The report pointed out that the financial crisis is spreading to China's real economy, and China's machine tool industry is facing a serious difficult situation, but the impact is relatively lagging behind.
From the overall situation of the survey, the report summarizes the impact of the financial crisis on machine tool enterprises into three categories:
The first type of enterprise: the degree of influence is small, and the business operation is in good condition. The main performance is as follows: the product structure basically adapts to the market demand, the manufacturing task is relatively full, the total industrial output value and sales revenue increase year by year, and the total profit maintains a good level. These companies account for about 30% of the total number of companies surveyed. According to the report, such enterprises are mainly engaged in large-scale, heavy-duty, high-grade and special-purpose CNC machine tools. Due to the high technical content of the products, they meet the current market demand, the order contract is full, the total industrial output value and sales revenue have increased greatly, and the total profit At a good level.
The second category of enterprises: Since 2009, various economic indicators have fallen across the board (between 10% and 30%), and the impact of the financial crisis is large. As the company has made adaptive adjustments in a timely and proactive manner, the effect is relatively obvious, and the operating status can still be maintained. This type of enterprise not only produces medium and low-grade batch products, but also partially produces high-end CNC machine tools and special machine tools, which has the potential for recovery and development. Such enterprises account for about 60% of the companies surveyed, and most companies in the Chinese machine tool industry basically fall into this category.
The third type of enterprises: Since 2009, the sales revenue has dropped drastically, the impact of the financial crisis is serious, the total profit of the enterprises has a large negative value, and the operating conditions are very difficult. The main reason is that the company mainly produces low-grade and ordinary products, the products are backward, the technology added value is low, the market shrinks, and the business operation is difficult to sustain. These enterprises account for about 10% of the total number of research companies, and are in a passive adjustment in the current market environment.

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