Increase the sales of instrumentation and production by 15%

Recently, Ji Jiacheng, Honorary Chairman of the China Instrument and Meter Industry Association, said: "It is expected that the increase in the production and sales of the instrumentation industry will be around 15% this year, which will continue to exceed the growth rate of the nation's industrial and manufacturing industries."

Yan Jiacheng stated that after nearly two years of adjustment, the year-on-year growth of the industry has dropped from a high of nearly 30% to a medium-speed growth area of ​​10% to 20%. In 2013, the main income of the industry maintained a relatively high growth rate of 15.1%. It can be said that the industry has entered a period of moderate development.

Steady entry into the medium-speed development period In 2013, China's instrumentation industry achieved a total revenue of 825.6 billion yuan, and its main business income increased by 15.1% year-on-year, slightly higher than the increase in production and sales of the machinery industry.

"The higher growth rate of the industry has mainly benefited from industrial automation and sub-sectors related to people's livelihood," said Yan Jiacheng.

First of all, the technological transformation, energy saving and emission reduction, and upgrading of mechanical and electrical products of industrial enterprises in China have continuously increased the demand for industrial automation products. In 2013, the main income of China's industrial automation industry exceeded 300 billion yuan for the first time, a year-on-year increase of 16.6%, showing that the number of companies with a limit of over one thousand was a good development trend.

Secondly, although the subsectors related to people's livelihood are not large, accounting for a small proportion, and the scale of enterprises is small, due to the low base, the growth rate is higher under the guideline of the national emphasis on people's livelihood, such as special instruments for agriculture, forestry, animal husbandry and fishery (a growth of 24.7%), Meteorological marine navigation equipment (19.2%), automotive instrumentation (17.3%), teaching equipment (16.6%), weighing apparatus (15.7%), Medical Equipment (19.5%) and so on. For another example, with the supply meters for households, electricity, water, and gas meters have experienced rapid growth for many years. Although last year's increase was not high (12.6%), heat meters and supplies based on 15 northern provinces and cities were used. The demand for thermal monitoring systems has risen, with orders for billions of orders and projects.

However, it is worth noting that, in another important field of scientific instrument industry, although the country’s support for scientific and technological innovation and the importance of the enterprise have increased the demand for scientific instruments, due to the difficulty of large-scale and high-end scientific instrumentation, small batches, and unit price Gao, the comparative advantage factor of China's manufacturing industry plays a minor role. Therefore, although the industry achieved a lot of scientific research and industrialization achievements in 2013, it has yet to achieve breakthroughs in the amount of main products that have a large amount of usage and impact, and the import volume has remained high. Therefore, the increase in production and sales of domestic enterprises is not high.

Jia Jiacheng stated that after nearly two years of adjustment, the year-on-year growth of the instrumentation industry has dropped from a high of nearly 30% to a medium-speed growth zone of 10% to 20%, and it is currently in a mid-high region. “The adjustment process from high-growth to medium-speed growth has been relatively smooth, there has been no severe situation such as large fluctuations in demand, overcapacity, and impending industrial conditions, and the possibility for the industry to maintain long-term sustainable medium-speed growth has increased.”

The increase in profits at the end of the year saw large profits. In 2013, the total profit of the instrumentation industry was 72.45 billion yuan, an increase of 16.53% year-on-year, an increase of 2.59% over the previous year; the profit rate of main income was 8.78%, 0.1% higher than the previous year.

“The good economic data of the industry includes both normal reasons such as growth in production and sales, enhanced management, and scientific and technological advancement, as well as sporadic factors such as large tails at the end of the year.” Yan Jiacheng analyzed that in 2013, the industry-wide accounts receivable increased by 13.88% year-on-year. 8.38% of inventory, 11.24% of management expenses, 13.41% of financial expenses, 7.99% of interest expenses, and accumulated losses of -0.39%. These figures are all far lower than the increase of main income of 15.1%. "This shows the internal management of enterprises and The external financial environment has improved."

According to the classification of enterprises, the profits of private enterprises accounted for 61% of the entire industry, an increase of 18.6% year-on-year, still the main force of industry profits. At the same time, the growth rate of profits of state-owned and foreign-funded enterprises has all changed from negative growth of the previous year (-2.46%, -3.07%) to double-digit growth (21.77%, 11.93%), which is also an important factor in improving industry profits. .

However, it is worth noting that the main business cost of the entire industry increased by 16.13% year-on-year, which is higher than the increase of main business income by 15.1%. This shows that the profitability of the industry has not been fundamentally improved.

Jia Jiacheng stated that from June to October 2013, the profit growth of the industry was all below 13%, and by 11th and 12th months, it was significantly underslept. Among these factors, there were many factors such as relatively loose financial environment, accumulated profits during the year, and consolidated cash at the end of the previous year. However, under the condition that the increase in cost is still high and the quality of the industry has not yet been significantly increased, this increase in profit over the increase in main income will be difficult to sustain.

The export growth dropped sharply In 2013, the instrumentation industry imported 40.22 billion U.S. dollars, an increase of 3.35% year-on-year. Among them, the import growth rate reached double digits mainly with scientific test instruments based on experimental analysis instruments and optical instruments; industrial automation instrumentation and control systems, optical instruments, and experimental analysis instruments with large import volumes and total price exceeding US$5 billion. And medical instruments.

In 2013, the industry exported 23.62 billion U.S. dollars for the year, an increase of 7.56% year-on-year. Among them, the export growth rate reached double digits in industrial automation instrumentation and control systems, electrical instrumentation, optical instruments, experimental analysis instruments, medical instruments, and weighing instruments.

Except for the impact of the financial crisis in 2009, the instrumentation industry’s exports have maintained double-digit growth for a long period of time. At the peak, the annual growth rate exceeded 30%. “But in 2013, the export growth suddenly dropped to a single digit, and It was less than half of the previous year and it was not expected at the beginning of the year,” said Jia Jiacheng. According to his analysis, the export growth rate has obviously declined due to external factors such as weak international markets and exchange rate changes, as well as internal factors such as rising costs, excessive proportions of middle and low-end products, and slow growth in exports of high-value-added products. “However, because the export-to-production ratio of exports in the entire industry has decreased from 30% at the beginning of this century to around 15% in 2013, its impact on the entire industry is still within control.”

Although the export growth rate was reduced to a single figure, it was still more than double the import growth rate. Therefore, in 2013, the import and export deficit of China's instrumentation industry declined slightly, from a high of 17.3 billion U.S. dollars to 16.6 billion U.S. dollars.

The initial results of structural adjustments have seen initial success. In recent years, the increase in the level of industrial automation products such as control systems has increased the market share of domestic products. The successful development of large-tonnage vibratory tables and other products represents the progress and improvement of domestic scientific instruments and equipment. The rise of the industry indicates the broad prospects for the use of instruments and meters for people's livelihood.

In Jia Jiacheng’s view, the combination of technological progress and market demand is the basis for adjustment of industrial structure, and the structural adjustment of the instrumentation industry is mainly embodied in three aspects.

First, the adjustment of service objects and domains. First, the shift from industrial and scientific and technological demand to the balanced development of industry, science and technology, and people's livelihood needs; the second is to adapt to new market-oriented changes in technology and new projects, as well as technical changes; third is to change in the industrial field. The situation that China’s thermal power generation and metallurgy account for too much is adjusted to the more balanced direction corresponding to the current development of various industrial fields.

Second, the increase in new products and mid- to high-end products is greater than that of ordinary products. It is understood that the vast majority of companies in the instrumentation industry that have achieved growth rates of more than 15% in production and sales in 2013 benefited from the industrialization of new and medium-to-high-end products, and the corresponding imports of similar products and the production and sales of “three-funded” enterprises. In decline or growth slows.

In addition, integration and service businesses have grown faster than manufacturing. A group of companies focusing on energy conservation, emission reduction, professional technical transformation, and testing services have grown rapidly. In the fastest growing industrial automation industry, the output value has exceeded one-third. Many companies that focus on product manufacturing have set up subsidiaries or business divisions for engineering integration and service businesses. Their business volume ranges from 10% to 30% or more, and their share in total operating volume is also rising. .

To improve quality and efficiency, we must improve the quality of the company. The integration of "two changes" has indicated the direction for improving the quality of enterprises. After practice and exploration, many companies realized that the focus and breakthrough of the integration of the “two industries” is the informationization of the production process, and on this basis, a modern enterprise management system has been established.

According to reports, the instrumentation industry has formulated and reported on the implementation of the information technology implementation plan for the entire industry to promote the production process of enterprises, and selected three large, medium, and small enterprises as pilot sites, and also organized the participation of 20 companies in the pilot program. A number of companies have begun to take effect last year, letting a number of companies improve their quality and improve their quality and efficiency.

This year, profit growth may reach 13%

Ju Jiacheng judged that under the circumstances of increasing economic restructuring and a slowdown in GDP, the instrumentation industry will maintain a growth rate of approximately 15% in production and sales this year. It will also be used as a technology-intensive industry and will remain higher than the national industry and manufacturing industry. The growth rate.

He reminded that although the operating status of the instrumentation industry has been relatively stable in the past two years, and the growth rate of production and sales is higher in the manufacturing industry, the increase in production and sales and main income is still falling. It is expected that the 2014 or 2015 will be See you at the end. “In the past most years, the profit growth of the industry was below or far below the growth in production and sales. In 2013, it was quite unusual.” Jia Jiacheng said that taking into account the profits of the 11 months and 12 months in 2013, which accounted for nearly 30% of the annual profit, it was substantial. The bottom-up has been filled up. At the same time, the state-owned enterprises and the "funded enterprises" have turned from "negative to positive." In 2014, the profits of the entire industry will return to normal, slightly lower than the increase in production and sales, and the profit may increase by 13%.

At the same time, the import growth of this industry this year will also maintain low growth, which is expected to be around 5%. It is worth noting that due to the struggle of international trade, many instruments and instruments have been included in electronic products, environmental protection products, and energy-saving products to eliminate tariffs, which will surely further pressure the domestic industry and further stimulate imports. The extent of its impact remains to be seen.

Yan Jiacheng pointed out that industry exports have stabilized after last year's large fluctuations, and monthly export delivery values ​​have also returned to more than 10 billion yuan. It is expected that this year's increase will be close to 10%. If the international economic situation improves slightly and the exchange rate stabilizes, it is not ruled out that the increase is slightly higher than 10%.