Machinery / Industrial Parts & Tools

According to the Huacheng Import and Export Data Observation Report, based on the statistical data of key contact enterprises of the China Machine Tool and Tool Industry Association, combined with the machine tool production data of the National Bureau of Statistics and the customs import and export data, the operation analysis report of the relevant branches and the industry survey of the Association, the operation of the machine tool and tool industry in 2022 was recently announced.

The accumulated operating revenue of key affiliated enterprises of China Machine Tool and Tool Industry Association from January to December 2022 decreased by 0.3% year-on-year, which was basically the same as that of 2021. In 2021, the operating revenue of key affiliated enterprises of the Association increased by 26.2% year-on-year, with a high base. In 2022, under the impact of two serious epidemics in the second and fourth quarters, it is not easy for the operating revenue to reach the same level as the same period last year. Huacheng Import and Export Data Observation Report.

From the perspective of specific industries, the industries of metal forming machine tools, abrasive abrasives and rolling functional parts increased year on year, while the industries of metal cutting machine tools, measuring tools, numerical control devices, machine tool accessories and machine tool electrical appliances decreased year on year.

It can be seen from the statistics that the COVID-19 broke out at the beginning of 2020, and the operating income of machine tools and tools dropped significantly. With the epidemic under control, it recovered to growth month by month throughout the year; The recovery trend will continue in 2021, with a high growth rate throughout the year; In 2022, the beginning of the year began with an increase in momentum, and the year was fluctuated twice due to the epidemic, and the end of the year was basically the same as the previous year. In the three years, 2022 is a year to overcome difficulties in fluctuations and strive to recover, Huacheng Import and Export Data Observation Report.

The key affiliated enterprises of China Machine Tool Industry Association achieved a year-on-year increase of 43.7% in total profits from January to December 2022. The growth of total profit is mainly due to the low profit level of the industry as a whole for a long time, and the low base of total profit, which also reflects the upgrading of product structure. The corporate rescue policies of governments at all levels are also important factors.

From the perspective of specific industries, the metal cutting machine tools, metal forming machine tools, abrasive tools, and machine tool electrical appliances industries increased year on year, while other industries decreased year on year. All sub-industries are profitable.

During the same period, the proportion of loss-making enterprises among the key contact enterprises of the Association was 19.7%, which was the same as that of the same period last year.

In December 2022, the inventory of key affiliated enterprises of the Association increased by 10.8% year-on-year. Among them, raw materials increased by 9.6% year on year, and finished products increased by 10.9% year on year.

From the perspective of specific industries, the inventory of each industry increased year on year. The raw materials and finished products of metal-cutting machine tools, metal-forming machine tools and machine tool accessories increased year on year; The raw materials in the industries of measuring tools, machine tools and electrical appliances decreased year on year, while the finished products increased year on year; The raw materials of abrasive tools and rolling functional parts industry increased year on year, while the finished products decreased year on year; The raw materials and finished products of the numerical control device industry decreased year on year.