Weichai Power: short-term business performance is good
Product Parts is mainly includes Tower Crane Parts and Construction Hoist Parts.
There are standard section, lifting mechanism, rotary mechanism, trolley mechanism, safety limit device, anti-falling safety device, rotary support, cab, control platform, floor call device, high-strength bolt, roller, solar energy obstacle lamp and so on.
Type of Product Parts:
Tower Crane Parts
Construction Hoist Parts
If you have any questions, please contact with us directly. Product Parts are produced with High Quality and Good Appearance. Welcome you can visit our Factory. For inqury, Please send mail directly to us.
Product Parts Tower Crane Parts,Lift Platform Parts,Construction Hoist Parts,Platform Elevator Parts Jinan East Machinery Co.,Ltd. , https://www.jneastmach.com
In 2009, the company's operations were better. In 2009, the company achieved sales revenue of 35.53 billion yuan, a year-on-year increase of 7.2%, a net profit of 3.41 billion yuan, an increase of 76.4%, corresponding to EPS4.09; in 2009, the company sold 226170 heavy truck engines, an increase of 14.6% over the same period, and construction machinery engines. The sales volume was 82,125 units, a year-on-year decrease of 7%. Shaanxi Auto's heavy truck sales were 58,498 units, a year-on-year decrease of 8.8%. Fast Transmission's sales volume was 532,049 units, a year-on-year increase of 14.5%.
The gross margin level remains high. The company's gross profit margins for 09Q4 and 10Q1 were 26% and 25.1%, respectively, which was lower than 27.3% for 09Q3. We believe that this is mainly due to the increase in the cost of raw materials and purchased spare parts. The future cost will still increase, but In the case of high capacity utilization, there is limited room for gross margin decline.
The cost control is better. 09Q4 company's operating rate and management fee rate were 5.4% and 6.4%, higher than the first three quarters of 2009, we believe that mainly due to the end of the year dealer rebates and bonuses; 10Q1 company operating rates and management rates were 4.8 % and 3.3%, returned to normal levels, cost control ability.
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