The domestic machinery casting industry will enter the "frost drop" period

Abstract According to relevant media reports, China's machinery foundry industry has experienced ten years of gold development. Now, under the situation of macroeconomic slowdown, it has gradually entered a transition period, and even ushered in a "cold down" period that has never been seen before. It is reported that in the macro economy...

According to relevant media reports, China's machinery foundry industry has experienced ten years of gold development. Now, under the situation of macroeconomic slowdown, it has gradually entered a transition period, and even ushered in a "cold down" period that has never been seen before.

It is reported that under the influence of the macroeconomic downturn, the domestic machinery and equipment foundry industry has entered the downward channel, especially the construction machinery, which has to slow down its own pace due to the stall of real estate and the stall of the railway project. Under the trend of market saturation, the average net profit margin of 13 listed companies in the engineering machinery foundry industry fell to 7.38% last year, far below the industry average of 12.13%, of which 10 were below 10%. From the perspective of gross profit margin, the downward trend of the domestic construction machinery foundry industry has also been highlighted. It has continued to decline for three consecutive years. Expert analysis will not alleviate this phenomenon in a short period of time.

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