The shipment volume in the third quarter is higher

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The shipment volume of Dingli in the third quarter is higher than that of the new boom in the last quarter.

the shipment volume of Dingli in the third quarter is higher than that of the new boom in the last quarter.

China Construction Machinery Information

judging from the three dimensions of policy, performance and expectation, the machinery industry will usher in the second growth opportunity in the year. At the policy level, after the meeting of the Political Bureau and the meeting of the State Council, we improved our confidence and liquidity in the economy. At present, according to the semi annual reports of each company, the performance in 2019 (referring to the detours that have been blocked) is basically clear. Although the performance growth slowed down in the third quarter, it was better than the market expected

according to the 2019 semi annual report of Dingli company, in the first half of the year, the company realized an operating revenue of 849million yuan, an increase of 8.05% year-on-year; The net profit attributable to the parent company was 260million yuan, a year-on-year increase of 26.79%. From the macro environment, the development momentum of the aerial work platform market has slowed down this year, because the intensified Sino US trade and competition have made the market uncertain. Dingli company focuses on the long term, develops steadily, does not pursue short-term market share, does not fight a price war, and selects high-quality customers. Therefore, its profits remain stable

although the first half of the year suffered from trade frictions and the performance growth slowed down, the demand for aerial work platforms at home and abroad remained strong. And benefited from the depreciation of RMB. There is still uncertainty about whether the US export tax can be exempted. However, the company's overall production mileage of 5353 kilometers in the third quarter was better than that in the second quarter. However, compared with last year's high base, it is difficult to have a big growth

the arm type production capacity will be mainly put into production in the second half of next year. At present, the company is very confident in its competitiveness by launching new arm types in small quantities. European lessors are also target customers. In 2018, the sales volume of the company's arm products increased by 98.55%. However, it is ignored by many people that the arm type products have higher requirements for quality and technology. With the rapid increase of the company's output, the gross profit margin of arm products has increased from 18.34% in 2016 to 34.58% in 2018, with great performance flexibility. It is expected that the sales volume of the industry will increase by 30% this year, which will remain positive for a long time. The rental price competition has no impact on the product price of the company for the time being

financial leasing is the characteristic of industry operation. At present, it has three years, with a down payment of 35%, few defaults in the first year and a recovery of 50% in the second year, while the residual value of Dingli's products in the second year is 85%

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