Bearing prospects in China are not optimistic

Bearing prospects in China are not optimistic

From January to June 2014, China exported a total of 2.59 billion sets of bearings, earning 2.4 billion U.S. dollars, an increase of 14.23 percent and 6.92 percent over the same period of last year. From the perspective of export regions, Asia is still the major exporter of bearings in China, and foreign exchange earned accounted for the total amount of foreign exchange earned. 46.77, but the growth rate is a slight negative growth of -0.74; Europe is the second largest exporter of bearings in China, accounting for 26.75 of the total foreign exchange earnings, which is an increase of 16.4.

The Americas is the third major export area of ​​bearings in China. Foreign exchange earning accounted for 23.5 of the total foreign exchange earnings, which was a year-on-year increase of 13.03. From the perspective of foreign exchange earned through bearing exports, the demand for bearings in Asia was basically the same as that of the same period of last year, and the demand for bearings in Europe grew stronger. The increase in bearing demand is also a relatively good trend.

From a country point of view, the United States is still the country's largest exporter of bearing exports, with an export value of 360 million U.S. dollars, accounting for 15 percent of total foreign exchange earnings, a year-on-year increase of 15.5. It also shows from the side that there are signs of economic recovery in the United States and Europe.

When the hardware bearing industry was still immersed in the increase in revenue of 30 in 2010, it was faced with a crisis of sharply reduced revenue growth in 2011. This year's operating income growth rate may fall to 12. 2011, the pressure on the bearing industry will further increase, the growth rate of the bearing industry will be somewhat slower, it is worth bearing companies attach great importance to.

The survival, development, and innovation of the fittest will analyze the development information of the hardware bearing industry, and will continue to analyze the development of the situation in light of the company's own situation and make decisions for the development of the enterprise as soon as possible. China Metal Bearing Industry Association hopes that companies in the industry will attach great importance to the 12th five-year development plan for the country, each host industry and the bearing industry, and study the development direction of key products from the country's strategic emerging industries.

We attach great importance to the improvement of management levels, reduce costs through management, and enhance the competitiveness of enterprises. We should attach great importance to the development of the market and timely adjust the product structure in accordance with market development. We attach great importance to scientific research. While researching the upgrading of old products, we must not only develop new products based on the market in real time, but also develop and reserve some new products in the future in line with market development.

Looking for a way out in the crisis, the principle of survival of the fittest will begin in the bearing industry. The cost is too high and the competition is too strong. Some people pointed out that last year due to further intensified industry competition and rising raw material prices, unprecedented difficulties were encountered in the production and operation of hardware bearings. The orders for petroleum machinery bearing products for leading products have been substantially reduced, and the product structure has tended to be miniaturized. A large loss occurred throughout the year.

It has been said that in the first half of the year, due to the year-on-year increase in the prices of raw materials, steel, and purchased parts, the automotive industry’s market demand has declined, and thus the total profit of major companies has been relatively reduced.

From the prediction report of the bearing industry's future prospects, it is understood that the development of the hardware bearing industry does face some unfavorable development factors.

(1) The overall exchange rate of *** will show an upward trend, and the competitiveness of ordinary bearings and mid-end bearing products will be further weakened. The pressure on hardware bearing products will gradually increase, and the import of bearing products will also increase.

(B) It is expected that raw material prices and labor costs will show an upward trend in 2011, which will bring certain pressure on the company's costs. The fluctuations in the markets of automobiles, agricultural machinery, and household appliances will have a certain impact on the speed of development of the hardware bearing industry.

(3) Affected by the rapid and steady development of China's economy, international multinational hardware bearing companies have accelerated the pace of building and expanding factories in China, and the market competition in high-end and high-end bearings will be fiercer.

A hardware shaft company has disclosed annual reports, claiming that the company had a loss of 156 million yuan last year, a year-on-year decrease of 30.32; a loss of 0.72 yuan per share. According to the announcement, the company's stocks were suspended for one day on April 19, and special treatment for delisting risk warnings was implemented on April 20. The stock abbreviation was changed to ST West axis, and the company's stock price was limited to 5. The loss of hardware bearings made other bearings. The company began to worry about anxiety.

Afterwards, the hardware bearing unit also issued a semi-annual performance forecast on the evening of July 8. It is expected that the company will realize a net profit of 2.55 million yuan in the first half of the year, a year-on-year drop of 69. The crisis is full of misfortunes. In early 2011, it was still a hidden crisis. Now The child surfaced. Ears have gradually spread all kinds of unsatisfactory news.

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