A reporter from China Industry News recently learned from relevant parties that in 2008, there were 5382 machine tool companies nationwide, of which 4,262 were private enterprises, accounting for 79%. In 2005, there were only more than 2,000 enterprises in the national machine tool industry, of which more than 800 were private enterprises, accounting for about 40%.
Relevant experts pointed out that the current state of the machine tool industry is closely related to the economic situation and industry situation in recent years. The rapid increase in the number of private enterprises is related to the growth rate of industry development in recent years. In recent years, the average growth rate of the machine tool industry has reached about 30%. The industry was once in a seller's market, and the supply of products was in short supply, attracting many non-industry funds to continuously join. In addition, this industry has a finer classification, and it can be engaged in the processing of a certain type of machine tool parts without investing a lot of money, and the entry barrier is low. At the same time, the restructuring in recent years has also transformed some state-owned enterprises into private enterprises, thereby increasing the number of private enterprises.
Private enterprises have sprung up like bamboo shoots after a rain, breaking the three-part pattern of state-owned, private and three-capitalized machine tool industry in the past few years.
Private enterprises have not only increased in number, but also increased their output value at a rapid rate. Most of the 658 newly added enterprises in 2008 were private enterprises. In 2008, the growth rate of the total industrial output value of private enterprises reached 32%, far exceeding the growth rate of 22% of foreign-funded enterprises and 14% of state-owned enterprises.
Wu Bailin, executive vice chairman of the China Machine Tool Industry Association, said: Currently, private enterprises are mainly divided into three categories. One is that state-owned holding enterprises are transformed into private enterprises, and the main ones are the withdrawal of state-owned assets. Typical examples are Hangzhou Machine Tool Plant, Ningjiang Machine Tool Plant, Long March Machine Tool Plant. The second is that they were born and raised by private enterprises at the initial stage, such as Ningbo Haitian, Rifa, and Guangshu. The third is the transformation of collectively owned enterprises into private enterprises, such as Kaida, Anyang Xinsheng, and Dezhou Delong. However, there are also some enterprises that are not very clear. For example, Dalian Machine Tool Plant has 20% of its asset attributes that are state-owned, and the other 80% are non-state-owned, including operator equity and other multiple non-state-owned equity, but the data from the National Bureau of Statistics The Dalian Machine Tool Plant is still counted as a state-controlled enterprise.
Subdivide private enterprises, and private holding enterprises are more vigorous. In 2008, there were 3,923 private holding companies, accounting for 92% of the number of private enterprises. The growth rate of their total industrial output value was as high as 37%, of which the growth rate of new product output value was as high as 41%, and the growth rate of outbound delivery value was 24%. All indicators rank first among other economic types of enterprises and are very active.
Wang Liming, executive vice chairman and secretary-general of China Machine Tool Industry Association, said: “Some machine tool companies have the ability to invest in the machine tool industry because they do well in other fields. For example, Haitian, Rifa, Hanchuan, Xinrui, etc. are all private individuals. Holding companies. Some of them build new factories, and some are directly completed through acquisitions and become privately held companies. For example, Hanchuan let Wanxiang acquire, and Wanxiang started as a coupling. When he grows larger, he needs to invest more. Technical field; For example, Haitian is a manufacturer of injection molding machines, and it is ranked among the top seven in the world, and then invests in the machine tool industry; Rifa engages in textile machinery, and engages in the machine tool industry after making money; Xinrui is engaged in rail locomotive control systems, wind power equipment, For office equipment, the light locomotive control system achieved an output value of three to four billion yuan. He also used machine tools himself, invested in the establishment of Xinrui Machinery, engaged in vertical machining centers, CNC lathes, and then acquired Great Wall and Duoleng. Private enterprises are included in the statistics, but the starting point for such enterprises is very high. Since entering the industry, they have been engaged in full-function CNC. Without simple CNC, ordinary machine tools are not available at all. They are rich in money, and they can do it well."
However, the overall overall strength of private enterprises is not strong. In 2008, the total industrial output value of private enterprises that year was 269.4 billion yuan, accounting for 68% of the total industry output value that year. Judging by their number accounting for 79% of the total number of enterprises in the industry, it was 11 percentage points lower. In addition, in terms of the average output value of private enterprises, individual strength is still limited. In 2008, the average output value of state-owned enterprises, private enterprises, and foreign-funded enterprises was divided into three categories, and the average output value index of their enterprises was calculated. The average output value of state-owned enterprises was 176 million yuan, and the average output value of foreign-funded enterprises was 77 million yuan. The average output value is only 63 million yuan.
In terms of exports, private enterprises have also continued this feature. The total export delivery value is relatively large, accounting for a relatively high proportion, but the average export volume of enterprises is relatively small. In 2008, the export delivery value of private enterprises was 19.9 billion yuan, accounting for 50% of the total export value of the industry that year, but on average, the export delivery value for each private enterprise was only 4.6 million yuan, which was far lower than the 19 million yuan of foreign-funded enterprises. , 12 million yuan from state-owned enterprises.
Another characteristic of the machine tool industry is that the number of large enterprises is small, and the output value is large; while the number of small enterprises is large, the output value is very different. In 2008, there were 23 large enterprises in the industry, accounting for only 0.4% of the total number of enterprises; 5,001 small enterprises, accounting for 92%. However, the average output value of large enterprises is 2.9 billion yuan per enterprise, while the average output value of small enterprises is 47 million yuan. The output value of large enterprises is more than 60 times that of small enterprises.
According to statistics, in 2005, the output value of private enterprises accounted for 21% of the total output value of the entire industry, and their profits accounted for 22% of the total industry profits. Companies that account for two-fifths of the total number of enterprises in the industry have only created one-fifth of the industry’s output value and profits. But these have not stopped private enterprises from continuing to grow.
Two years later, in 2007, the number of private holding companies accounted for 71% of the industry, product sales accounted for 56% of the industry, and total completed profits accounted for about 55% of the industry. At this time, private enterprises have truly become half of the machine tool industry.
The machine tool industry is still a capital-intensive and labor-intensive industry in general. To truly become a large-scale enterprise with an annual output value of more than 100 million yuan, it cannot be achieved by short-term investment overnight. Technology accumulation and financial strength are certain restrictive factors. Except for the two leading enterprises Shenyang Machine Tool and Dalian Machine Tool with an annual output value of more than 10 billion yuan in the industry, most of the second echelon members such as Beiyi Machine Tool, Qizhong CNC, Shanghai Machine Tool, Wuhan Heavy Industry, etc. have an annual output value of 2 billion yuan. Such a gear. Companies that can exceed 2 billion yuan are still rare. For example, the annual output value of Qi Erji's 2008 was 3.8 billion yuan, and the annual output value of Qinchuan Machine Tool Group exceeded 3 billion yuan. Therefore, relevant experts predict that this situation in the machine tool industry will not last for a long time, and the lack of industry concentration will make this industry face a greater opportunity for restructuring. A reporter from China Industry News recently learned from relevant parties that in 2008, there were 5382 machine tool companies nationwide, of which 4,262 were private enterprises, accounting for 79%. In 2005, there were only more than 2,000 enterprises in the national machine tool industry, of which more than 800 were private enterprises, accounting for about 40%.
Relevant experts pointed out that the current state of the machine tool industry is closely related to the economic situation and industry situation in recent years. The rapid increase in the number of private enterprises is related to the growth rate of industry development in recent years. In recent years, the average growth rate of the machine tool industry has reached about 30%. The industry was once in a seller's market, and the supply of products was in short supply, attracting many non-industry funds to continuously join. In addition, this industry has a finer classification, and it can be engaged in the processing of a certain type of machine tool parts without investing a lot of money, and the entry barrier is low. At the same time, the restructuring in recent years has also transformed some state-owned enterprises into private enterprises, thereby increasing the number of private enterprises.
Private enterprises have sprung up like bamboo shoots after a rain, breaking the three-part pattern of state-owned, private and three-capitalized machine tool industry in the past few years.
Private enterprises have not only increased in number, but also increased their output value at a rapid rate. Most of the 658 newly added enterprises in 2008 were private enterprises. In 2008, the growth rate of the total industrial output value of private enterprises reached 32%, far exceeding the growth rate of 22% of foreign-funded enterprises and 14% of state-owned enterprises.
Wu Bailin, executive vice chairman of the China Machine Tool Industry Association, said: Currently, private enterprises are mainly divided into three categories. One is that state-owned holding enterprises are transformed into private enterprises, and the main ones are the withdrawal of state-owned assets. Typical examples are Hangzhou Machine Tool Plant, Ningjiang Machine Tool Plant, Long March Machine Tool Plant. The second is that they were born and raised by private enterprises at the initial stage, such as Ningbo Haitian, Rifa, and Guangshu. The third is the transformation of collectively owned enterprises into private enterprises, such as Kaida, Anyang Xinsheng, and Dezhou Delong. However, there are also some enterprises that are not very clear. For example, Dalian Machine Tool Plant has 20% of its asset attributes that are state-owned, and the other 80% are non-state-owned, including operator equity and other multiple non-state-owned equity, but the data from the National Bureau of Statistics The Dalian Machine Tool Plant is still counted as a state-controlled enterprise.
Subdivide private enterprises, and private holding enterprises are more vigorous. In 2008, there were 3,923 private holding companies, accounting for 92% of the number of private enterprises. The growth rate of their total industrial output value was as high as 37%, of which the growth rate of new product output value was as high as 41%, and the growth rate of outbound delivery value was 24%. All indicators rank first among other economic types of enterprises and are very active.
Wang Liming, executive vice chairman and secretary-general of China Machine Tool Industry Association, said: “Some machine tool companies have the ability to invest in the machine tool industry because they do well in other fields. For example, Haitian, Rifa, Hanchuan, Xinrui, etc. are all private individuals. Holding companies. Some of them build new factories, and some are directly completed through acquisitions and become privately held companies. For example, Hanchuan let Wanxiang acquire, and Wanxiang started as a coupling. When he grows larger, he needs to invest more. Technical field; For example, Haitian is a manufacturer of injection molding machines, and it is ranked among the top seven in the world, and then invests in the machine tool industry; Rifa engages in textile machinery, and engages in the machine tool industry after making money; Xinrui is engaged in rail locomotive control systems, wind power equipment, For office equipment, the light locomotive control system achieved an output value of three to four billion yuan. He also used machine tools himself, invested in the establishment of Xinrui Machinery, engaged in vertical machining centers, CNC lathes, and then acquired Great Wall and Duoleng. Private enterprises are included in the statistics, but the starting point for such enterprises is very high. Since entering the industry, they have been engaged in full-function CNC. Without simple CNC, ordinary machine tools are not available at all. They are rich in money, and they can do it well."
However, the overall overall strength of private enterprises is not strong. In 2008, the total industrial output value of private enterprises that year was 269.4 billion yuan, accounting for 68% of the total industry output value that year. Judging by their number accounting for 79% of the total number of enterprises in the industry, it was 11 percentage points lower. In addition, in terms of the average output value of private enterprises, individual strength is still limited. In 2008, the average output value of state-owned enterprises, private enterprises, and foreign-funded enterprises was divided into three categories, and the average output value index of their enterprises was calculated. The average output value of state-owned enterprises was 176 million yuan, and the average output value of foreign-funded enterprises was 77 million yuan. The average output value is only 63 million yuan.
In terms of exports, private enterprises have also continued this feature. The total export delivery value is relatively large, accounting for a relatively high proportion, but the average export volume of enterprises is relatively small. In 2008, the export delivery value of private enterprises was 19.9 billion yuan, accounting for 50% of the total export value of the industry that year, but on average, the export delivery value for each private enterprise was only 4.6 million yuan, which was far lower than the 19 million yuan of foreign-funded enterprises. , 12 million yuan from state-owned enterprises.
Another characteristic of the machine tool industry is that the number of large enterprises is small, and the output value is large; while the number of small enterprises is large, the output value is very different. In 2008, there were 23 large enterprises in the industry, accounting for only 0.4% of the total number of enterprises; 5,001 small enterprises, accounting for 92%. However, the average output value of large enterprises is 2.9 billion yuan per enterprise, while the average output value of small enterprises is 47 million yuan. The output value of large enterprises is more than 60 times that of small enterprises.
According to statistics, in 2005, the output value of private enterprises accounted for 21% of the total output value of the entire industry, and their profits accounted for 22% of the total industry profits. Companies that account for two-fifths of the total number of enterprises in the industry have only created one-fifth of the industry’s output value and profits. But these have not stopped private enterprises from continuing to grow.
Two years later, in 2007, the number of private holding companies accounted for 71% of the industry, product sales accounted for 56% of the industry, and total completed profits accounted for about 55% of the industry. At this time, private enterprises have truly become half of the machine tool industry.
The machine tool industry is still a capital-intensive and labor-intensive industry in general. To truly become a large-scale enterprise with an annual output value of more than 100 million yuan, it cannot be achieved by short-term investment overnight. Technology accumulation and financial strength are certain restrictive factors. Except for the two leading enterprises Shenyang Machine Tool and Dalian Machine Tool with an annual output value of more than 10 billion yuan in the industry, most of the second echelon members such as Beiyi Machine Tool, Qizhong CNC, Shanghai Machine Tool, Wuhan Heavy Industry, etc. have an annual output value of 2 billion yuan. Such a gear. Companies that can exceed 2 billion yuan are still rare. For example, the annual output value of Qi Erji's 2008 was 3.8 billion yuan, and the annual output value of Qinchuan Machine Tool Group exceeded 3 billion yuan. Therefore, relevant experts predict that this situation in the machine tool industry will not last for a long time, and the lack of industry concentration will make this industry face a greater opportunity for restructuring.