Business & Trade

Jaw crusher becomes the leader in crusher industry

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From the various sub-sectors of the jaw crusher, engineering jaw crusher operating income and net profit growth than any other sub-sectors of industry growth leader. "12th Five-Year" period, the compound growth rate can reach about 20%. As the "12th Five-Year" seven strategic emerging industries, high-end equipment manufacturing industry will be the major support of the policy. Overall, the profitability of the jaw crusher industry has been significantly improved, which is reflected in two aspects: First, the return on net assets rose to 15.53 percent from 14.05 percent in 2009. Return on total assets rose to 6.49 percent from 5.23 percent in 2009; the industry's net profits grew faster than operating income growth. Mainly because the steel and other raw material prices have remained stable while the price has increased, making the annual increase in gross profit margin. Rose from 19.21% to 20.56%, 1.35 percentage points, three costs during the management expense ratio decreased significantly. In 2010 than in 2009, down 0.52 percentage points, management efficiency is also enhanced profitability of the industry.
Operating income and net change in trend from the industry's single-season look, making the second quarter net profit due to growth in the second quarter of 2010 are higher up the chain, at their annual peak of The third quarter due to the off-season, even though revenues and net profit is still achieved year-on-year higher growth, but declined chain. The decline in net profit trend is not obvious, the display industry, there is still a good cost control in the fourth quarter, revenues increased but profits, decreased,. Display the steel caused by domestic inflation, labor costs rose gradually transmitted to the industry, and caused a decline in industry profitability. Engineering jaw crusher operating income and net profit growth of 58.64 percent and 119.11 percent growth rate than any other sub-sectors, more than the market is widely expected to become the leader of the industry growth. Growth was mainly attributable to the national response to the financial crisis, launched the four trillion Yuan investment in infrastructure, stimulating substantial growth in engineering jaw crusher needs. At the same time, the state has adopted a number of policies on the real estate regulation and control, but with little success, real estate, including the protection of housing new construction area remains high.

With its high quality products such as henan Hongxing mining machinery Co.Ltd has ascended in the front rank of the world in the exporting of mining equipments.


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