Description
hardware flow control. It is an ideal choice in the field of industrial automation.
After experiencing a sharp decline in December 2017, industrial capacity utilization began to show signs of stabilizing. According to empirical data, the industrial
capacity utilization rate is slightly ahead of the profit performance of industrial enterprises. At the same time, the profitability of industrial enterprises is probably
1-2 quarters ahead of the capital expenditure of industrial enterprises. Therefore, the utilization rate of industrial capacity is an important leading indicator that needs
to be paid attention to. It is important to a certain extent. To a certain extent, it indicates the future profit and capital expenditure trends of industrial enterprises.
In 2019Q3, the industrial capacity utilization rate reached 76.4%, which was the same as in 2019Q2. The gradual stabilization of the industrial capacity utilization
rate indicates that the profitability of industrial enterprises is expected to stabilize in the future, and industrial enterprises may usher in a new round of capital expenditure cycle in 2020.
Fixed asset investment in the manufacturing industry continues to bottom out, and the growth rate of fixed asset investment in the 3C field in the downstream
applications of industrial robots continues to pick up. In November 2019, manufacturing fixed asset investment increased by 2.5% year-on-year, and the growth
rate dropped 0.1 percentage points from the previous value. Manufacturing investment growth is still sluggish. Judging from the growth rate
of fixed asset investment in the three major fields of automobiles, 3C, and electrical machinery, which account for the highest proportion of downstream
applications of industrial robots, the cumulative year-on-year growth rates of investment in the automobile and electrical machinery manufacturing industries in
November were -0.4% and -6.8%. Both are in the bottoming
stage; the cumulative year-on-year growth rate of 3C manufacturing investment was 13.8%, an increase of 0.2 percentage points from the previous value,
and the 3C investment growth rate is on a continuous upward path.
The cumulative year-on-year decline in automobile sales has gradually narrowed, and the cumulative year-on-year decline in smartphone shipments has
stabilized. From January to November 2019, the cumulative sales of automobiles in my country were 23.11 million units, with a cumulative year-on-year growth
rate of -9.10%. The decline narrowed 0.6 percentage points compared with the previous ten months. The cumulative year-on-year decline in automobile sales has
narrowed for 6 consecutive months. It is expected that The cumulative year-on-year growth rate for the whole year was
around -8.0%. From January to November 2019, my country”s cumulative shipments of smartphones were 343 million units, with a cumulative year-on-year
growth rate of -3.8%. The decline in smartphone shipments has stabilized, with a significant improvement compared with the same period last year.
It is expected that cumulative shipments throughout the year will be year-on-year. The growth rate is around -3.5%. We believe that the negative growth in automobile
sales may continue to narrow next year, and the cumulative year-on-year growth rate of smartphone shipments is expected to turn positive. There is strong certainty
that the incremental automation demand in these two
downstream application areas of industrial robots will improve.
A few days ago, Yaskawa Electric President Hiroshi Ogasawara pointed out in an interview with Japanese media that China”s population has reached about
1.4 billion, and domestic demand will definitely grow no matter how the Sino-US trade friction develops. If investment recovers, it will be a short-term benefit to related
companies in corresponding fields.
Perspective of listed companies: The industry has hit the bottom, and the structural characteristics are significant
According to the China Merchants Bank Research Institute, 30 listed industrial robot companies were used as samples to calculate the overall
operating income, net profit attributable to parent companies, gross profit margin, net profit margin and operating net cash flow and other indicators
for the first three quarters of 2019, and found that the overall industry profitability The level has entered a downward channel since Q4 2018, and is
currently in the accelerating bottoming stage, which is cross-confirmed with macro data tracking. At the same time, its research found that for companies
with large customers in different downstream sub-fields
within the industry, their profit levels are significantly differentiated.
In 2019Q1-3, the overall industry revenue declined slightly year-on-year, and the negative growth in single-quarter revenue narrowed
significantly. The industry”s overall operating income reached a historical high of 54.298 billion yuan in 2018, but the operating income growth
rate fell from 33.53% in 2017 to 17.57%; in 2019 Q1-3, the industry”s overall operating income was 38.080 billion yuan, year-on-year It fell slightly
by 0.71%. On a quarterly basis, the single-quarter operating income growth center showed a downward trend, but the single-quarter operating income growth rate in 2019Q3
showed signs of narrowing year-on-year decline. Based on the return of industrial robot production in the past two months and the narrowing
of year-on-year declines in sales of automobiles and smartphones in downstream applications, China Merchants Bank Research Institute infers
that the annual industry revenue growth rate may reach single-digit growth.
https://www.xmamazon.com
https://www.xmamazon.com
https://www.plcdcs.com/
www.module-plc.com/
https://www.ymgk.com
PM864AK01-eA 3BSE018161R2 ABB Processor Unit
PM864AK01 3BSE018161R1 ABB Processor Unit
PM861AK01 3BSE018157R1 ABB Processor Unit
PM803F 3BDH000032R1 ABB Processor module
PFTL101B 20KN 3BSE004203R1 ABB Tension sensor module
PFSK162 3BSE015088R1 ABB Circuit board card
PFSK160A 3BSE009514R1 ABB Signal concentrator board
PFSK152 3BSE018877R2 3BSC980006R361 ABB Signal concentrator board
PFSK151 3BSE018876R1 ABB Signal processor
PFEA113-20 3BSE028144R0020 ABB Tension Electronics
PFEA112-65 3BSE050091R65 ABB Tension Electronics
1SBP260109R1001 XO08R2 ABB Relay Output Extension Module
XDD501A101 3BHE036342R0101 ABB Processor module
USC329AE01 ABB Control/Interface Panel
UNS4881b,V4 3BHE009949R0004 ABB Excitation Module
UNS2882A 3BHE003855R0001 ABB module
UNS2881b-P,V1 3BHE009319R0001 ABB module
UNS2880B-P,V1 3BHE014967R0001 ABB module
UNS0122A-P 3BHE042393R0101 ABB output module
UFC911B110 3BHE037864R0110 ABB PLC Processor module
UFC762AE101 3BHE006412R0101 ABB PLC Controller Module
UFC760BE42 3BHE004573R0042 ABB interface board
UFC719AE01 3BHB003041R0001 3BHB000272R0001 ABB Controller module
UDD406A 3BHE041465P201 ABB Digital input module
UCD240A101 3BHE022287R0101 ABB Analog Output Modules
UCD224A103 3BHE023681R0103 ABB Processor module
UBC717BE101 3BHE021887R0101 ABB Control card module
UAC326AE HIEE401481R0001 ABB Main board drive board
UAA326A02 HIEE300024R2 ABB Main board drive board
5SHY3545L0009 3BHB013085R0001 ABB Silicon controlled motherboard
5SHX1445H0002 3BHL000387P0101 ABB Silicon controlled motherboard
UAD206A101 3BHE019958R0101 ABB Programmable logic Controller
3ASC25H203 DAPC100 ABB Main control board of pressure regulating device
VMIPMC-5565 VMIC Reflective Memory PMC Modules
T8311 ICS TRIPLEX Trusted TMR Expander Interface
PP220 3BSC690099R1 ABB operation panel
PFTL101B 5.0KN 3BSE004191R1 ABB Pressductor PillowBlock Load cells
MP226/EW BACHMANN Processor Module
IS215VPROH1BD GE Plate assembly
IS215ACLEH1AB GE Industrial Systems Application Control Layer Module
IS200SAMBH1ABA GE terminal board
DSQC545A 3HAB8101-19 ABB Modules Drive System
CS-1000 UTX1700PTFE MECS Wafer Robot Control System
CACR-02-KIBA YASKAWA Servo driver
AVR10D-Q22020 YOKOGAWA PLC Rack
AN-X2-AB-DHRIO PROSOFT Highway Plus (DH+) gateway module
A6140 9199-00058 EMERSON Controller module
6180W-12BPXPHDC A-B industrial workstation
3625 TRICONEX System digital input/output module
Reviews
There are no reviews yet.