Event:
Recently, the National Bureau of statistics released the industrial Siasun Robot&Automation Co.Ltd(300024) output data: in March 2022, the industrial Siasun Robot&Automation Co.Ltd(300024) output was 44322 units, with a year-on-year increase of 16.6%.
In March, the industrial Siasun Robot&Automation Co.Ltd(300024) output was 44322 units, an increase of 16.6%, and the demand grew steadily
In March, the industrial Siasun Robot&Automation Co.Ltd(300024) output was 44322 units, with a year-on-year increase of 16.6%. From January to March, the industrial Siasun Robot&Automation Co.Ltd(300024) output totaled 102496 units, with a year-on-year increase of 10.2%.
In 2022, the Siasun Robot&Automation Co.Ltd(300024) output of Q1 industry still maintained a steady growth of more than 10.2% on the basis of the high base in 2021, indicating that the Siasun Robot&Automation Co.Ltd(300024) demand toughness of industry is strong and the growth sustainability is good.
In March, the growth rate of manufacturing investment was 15.6%, which maintained strong resilience. Under the expectation of steady growth, manufacturing investment is still expected to maintain a high growth
In March 2022, the PMI index was 49.5, down 0.7 from the previous month, of which the production index was 49.5, down 0.9 from the previous month, the new order index was 48.8, down 1.9 from the previous month, and several PMI indicators returned below the 50 boom line. Since March, affected by the impact of local epidemic and external political environment factors, the prosperity of production and new orders of manufacturing enterprises has been significantly disturbed. In addition, the rise in the price of upstream raw materials and the decline in import and export growth have also squeezed both ends of the manufacturing industry. This year's manufacturing pressure will undoubtedly be greater than last year.
In March 2022, the cumulative growth rate of fixed asset investment in manufacturing industry was 15.6%, down 5.3pct from January to February, but still maintained a high growth rate, and manufacturing investment maintained strong toughness.
In terms of downstream demand industries, industrial Siasun Robot&Automation Co.Ltd(300024) mainly downstream automobile and 3C industries had a high level of fixed asset investment in March this year. In March 2022, the growth rate of fixed asset investment in automobile industry was 12.4%, and the growth rate of fixed asset investment in 3C industry was 27.8%.
Under the dual pressure of the epidemic disturbance and external demand, the steady growth policy is expected to continue this year, and the manufacturing investment is expected to maintain strong resilience. Over the past year, benefiting from the strong export demand, the growth rate of fixed asset investment in manufacturing industry has always maintained a state significantly higher than that of infrastructure investment and real estate investment, and has always maintained a growth rate of more than double digits, showing strong resilience. This year, the policy of benefiting from steady growth will continue to work. It is expected that manufacturing investment will maintain a high growth rate, and the industrial Siasun Robot&Automation Co.Ltd(300024) sector will still benefit.
Industry Siasun Robot&Automation Co.Ltd(300024) is one of the core tasks of China's intelligent manufacturing 2025, benefiting from the industrial upgrading and independent control of China's manufacturing industry in the medium and long term
Industry Siasun Robot&Automation Co.Ltd(300024) is one of the core tasks of China's intelligent manufacturing 2025 and the core link of China's machine replacement and manufacturing industry upgrading. The medium and long-term driving force for the development of China's Siasun Robot&Automation Co.Ltd(300024) industry is still the upgrading, automation, intelligence and networking of China's manufacturing industry. At present, the three modernizations of China's manufacturing industry are still in the primary stage, and China's industry Siasun Robot&Automation Co.Ltd(300024) still has large growth space in the medium and long term.
We believe that industrial Siasun Robot&Automation Co.Ltd(300024) is the core of manufacturing upgrading. The growth of industrial chain is sustainable and domestic substitution and logic are strong. Under the expectation of steady growth this year, the investment in manufacturing industry is expected to maintain strong toughness and high growth, and the demand of industrial Siasun Robot&Automation Co.Ltd(300024) industry is expected to remain prosperous. The relevant targets have undergone a long-term adjustment, the adjustment range is deep, and the valuation has gradually matched the growth rate of the industry. Focus on domestic industry Siasun Robot&Automation Co.Ltd(300024) whole industry chain main engine factory Estun Automation Co.Ltd(002747) , Shenzhen Inovance Technology Co.Ltd(300124) and listed companies of core parts Leader Harmonious Drive Systems Co.Ltd(688017) .
Risk tips: 1: the growth rate of manufacturing investment is lower than expected; 2: Export demand is lower than expected; 3: The demand of downstream industries such as automobile and 3C is lower than expected; 4: The price of raw materials continues to rise; 5: The risk of higher valuation of the sector.
