The hottest view on the development of instrument

From the perspective of annual reports of instrument and meter enterprises, the key to the development of instrument and meter industry

in 2018, the total operating revenue of instrument and meter manufacturing industry was 820.65 billion yuan, with a year-on-year increase of 8.7%, the main business revenue was 809.16 billion yuan, with a year-on-year increase of 8.6%, and the net profit was 78.05 billion yuan, with a year-on-year increase of 6.9%. In addition to the data, we can also learn about the development of instruments and meters in 2018 from the annual reports published by some enterprises

recently, a number of instrument and meter enterprises announced their performance reports for 2018, which are summarized. The enterprises selected this time are mainly Huichuan technology, const, wiltec, Xintian technology and xuedilong. In 2018, five enterprises achieved revenue growth, but only three enterprises achieved stable growth in net profit

as an important part of the manufacturing industry, the instrument industry has a large variety of products, and the revenue growth points of the five enterprises are also different. Huichuan technology is a national high-tech enterprise specializing in the R & D, production and sales of industrial automation and new energy related products. The main products produced by the company are frequency converters, servo systems and new energy products. The import amount in October was US $1.566 million, and these three categories of products accounted for more than 80% of the company's total revenue

const mainly develops, produces and sells digital pressure detection products, temperature and humidity calibration products and other instruments and equipment, and provides customers with perfect professional solutions for pressure detection and calibration, temperature and humidity calibration. "Instrument manufacturing" is the main source of revenue for the software industry with special form templates, accounting for 100% of revenue

weltai is mainly engaged in the R & D, production and sales of pressure, flow, temperature and other measuring instruments and control instruments such as regulating valves and electric actuators, as well as automation engineering services. "Pressure transmitter" and "electromagnetic flowmeter" are the main sources of business income, accounting for more than 90% of the revenue

Xintian technology focuses on the R & D, production, sales and services of smart water, smart gas, smart agricultural water conservation, smart thermal energy conservation, and smart metering instruments and system platforms based on IOT. "Smart meter industry" is the main source of business income, accounting for 97.2% of revenue

chevron is a national high-tech enterprise specializing in the R & D, production, operation and maintenance services of analytical instruments, environmental detection systems, and industrial process analysis systems. "System products", "gas analyzers and spare parts", "system transformation and operation and maintenance services" account for more than 90% of the revenue

it is not difficult to see from the above introduction that although the main businesses of the five enterprises are different, they all account for a large proportion of the total revenue. In terms of product categories, intelligent instruments, environmental monitoring instruments and control instruments have achieved good development in 2018

at present, with the national attention to environmental quality, the environmental monitoring industry has developed rapidly, which involves the atmosphere, soil, water and other aspects. According to industry estimates, the market size of the environmental monitoring industry is expected to exceed US $4.9 billion by 2022. At the same time, with the rapid development of automation and intelligence, intelligent instruments and meters will also usher in huge development opportunities. For instrument and meter enterprises, only by grasping the trend of market development can they achieve rapid growth in revenue

in addition to the revenue, the five enterprises also have a lot in common in terms of performance expenditure in 2018. In 2018, Huichuan's technical expenses totaled 1.5 billion, an increase of 18.5% year-on-year; Kang amorphous plastic is best used in applications that require transparency, beautiful appearance, high gloss, high dimensional accuracy and stability. The total cost reached 99.414 million, an increase of 8.9% year-on-year; The total cost of weltai reached 41.24 million, up 0.4% year-on-year; The total cost of Xintian technology reached 280million, with a year-on-year increase of 42.5% after long-term development; The total use of Chevron reached 380million, up 29.5% year-on-year. Although the expenses of the five enterprises have increased, on the whole, the revenue growth of the four enterprises has exceeded the expense growth, and the expense rate has decreased. For instrument enterprises, the necessary investment can make the enterprise develop faster and better

it is worth noting that the R & D investment of the four enterprises increased in 2018. Although the R & D investment of wiltai has decreased, the capitalization ratio of R & D investment has reached 10.7%. In 2018, many enterprises still attach great importance to the role of R & D and have achieved good development in the market. In the future, on the premise of meeting the market demand, the technical level of instrument products is still the key to the development of enterprises in the market