Most volcano push shares actively build internatio

2022-08-14
  • Detail

Shantui shares: actively build international competitiveness

Guide: benefiting from the country's efforts to increase infrastructure construction and urbanization, the production and sales of bulldozers, the leading product of Shantui shares (000680), are booming. According to the quarterly report of the company, the net profit in the first quarter of this year was 60.11 million yuan, an increase of 40% over the same period last year, and the earnings per share reached 0.21 yuan. In 2003, the bulldozer of the company gradually imported into BYD's procurement circle, accounting for me

benefiting from the state's efforts to strengthen infrastructure construction and urbanization, the production and sales of bulldozers, the leading product of Shantui Co., Ltd. (000680), are booming. According to the quarterly report of the company, the net profit in the first quarter of this year was 60.11 million yuan, an increase of 40% over the same period last year, and the earnings per share reached 0.21 yuan. In 2003, the export of bulldozers of the company accounted for 70% of the annual export volume of bulldozers in China. Zhou Qingting, chairman of Shantui, said that the domestic market is in short supply, and the international market is also very active. The company's goal is to actively build international competitiveness. Taking a step back is a big step forward. According to professionals, China's construction machinery industry has lagged behind the foreign advanced level for about 10 years. As the leader in the domestic bulldozer industry, the maximum horsepower of Shantui's products is more than 300 horsepower, while the maximum horsepower abroad has reached more than 800 horsepower. Zhou Qingting believes that it is obviously not feasible to catch up with the highest level abroad step by step. Shantui shares has a long history of cooperation with Komatsu of Japan. It is certainly a shortcut to seek a breakthrough in China's construction machinery industry with the help of external forces. However, some people still don't understand the move of the company to sell the 20% equity of the joint venture, Komatsu Yama. In this regard, Zhou Qingting believes that on the surface and in the short term, the company has lost part of its investment income. However, the original 50% Chinese and foreign investment pattern makes the development momentum of the joint venture insufficient and the development prospect unclear, and the result will be replaced by other leaders. Therefore, it is impossible not to transfer, but there must be additional conditions, that is, the establishment of Shantui international business park last year, so Shantui shares has a broader cooperation space on the basis of cooperation with Komatsu. The goal of the business park is to reach the international level in spare parts production, become an international spare parts production and supply base, and resolve the risk of supporting Komatsu alone. Japanese Topy, Daikyo and other companies have also established joint ventures with Shantui Co., Ltd

pay close attention to cost and increase efficiency

the soaring price of raw materials such as steel in 2003 is well known, and the cost control effect of Shantui is very obvious. It is understood that the average domestic cost increase caused by the rise in steel prices was more than 33 million yuan, but the result of the year-end financial statements of Shantui Co., Ltd. in 2003 was that it only increased by more than 15 million yuan, which was 50% lower than the average increase. In addition to vigorous publicity and strict financial control, Shantui Co., Ltd. mainly focuses on procurement and outsourcing costs, takes manufacturing costs as a breakthrough, carefully plans cost accounting, formulates scientific assessment indicators, and reduces costs from the source of design. Among them, the average price of a single 220 bulldozer is reduced by more than 5000 yuan; Each 160 bulldozer is reduced by nearly 3000 yuan; The average price of a single 130 bulldozer is reduced by 992.74 yuan. In addition, due to the good payment recovery, some bank loans were repaid while ensuring production input, resulting in a year-on-year decrease in the asset liability ratio of 8% and a significant reduction in financial expenses

upgrading is usually the most economical way to expand your laboratory capacity and extend the service life of existing test equipment. The authenticity of this information has not been confirmed by the mechanical information of PVC pipes for drainage in China, which is for your reference only. Please do not reprint without permission. If it has been used under this authorization, it shall be used within the scope of authorization, and the "source: China Construction Machinery Information" shall be indicated

Copyright © 2011 JIN SHI