The annual sales of internal combustion engines decreased year-on-year, and the industrial concentration increased.

China Internal Combustion Engine Industry Association has carried out statistical analysis on 107 enterprises in the industry. Recently, it released the latest data of the industry. In December 2018, the chain increased slightly, and the year-on-year decline was still obvious. The sales volume in 2018 decreased year-on-year. In 2018, the sales volume of internal combustion engines was 5,202,300 units, a year-on-year decrease of 8.22%, and the power consumption was 256,373,300 kilowatts, down 4.07% year-on-year.

National Engine Sales Trends in 2018

In December 2018, the sales volume of internal combustion engines was 4,365,100 units, an increase of 3.81% from the previous month and down 16.95% year-on-year. The power consumption was 21,498,300 kilowatts, a decrease of 1.99% from the previous month and a decrease of 16.25% from the same period of last year. The monthly growth of diesel and gasoline increased both year-on-year. Compared with the same period of last year, the gasoline engine has a larger decline. Compared with the previous month, diesel engines increased by 4.78%, and gasoline engines increased by 3.70%. Compared with the same period of last year, diesel engines decreased by 1.99% year-on-year, and gasoline engines decreased by 18.47%. In December, diesel engine sales were 474,900 units and gasoline internal combustion engines were 3,889,900 units.

In the whole year of 2018, the sales of diesel and gasoline were all down. The sales of diesel engines was 5.365 million units, down 3.91% year-on-year, and the sales of gasoline engines was 46.66 million units, down 8.68% year-on-year.

Construction machinery, marine machinery market is optimistic

In December and December of 2018, the number of internal combustion engines for commercial vehicles, agricultural machinery, marine, garden machinery and motorcycles increased, with the growth of commercial vehicles reaching 13.93%. For passenger vehicles, construction machinery, generator sets, and general-purpose machines, the decline in general-purpose machinery reached 7.02%.

Compared with the same period of last year, only the shipbuilding use increased by 25.47% year-on-year; the rest of the categories decreased year-on-year, of which the passenger car, power generation and general machine use were more than 20%. In December, the sales of internal combustion engines for passenger vehicles was 1,272,200, the internal combustion engine for commercial vehicles was 301,800, the internal combustion engine for industrial machinery was 63,700, the internal combustion engine for agricultural machinery was 356,600, the marine internal combustion engine was 0.22 million, and the internal combustion engine for internal combustion engine was 102,900. There are 229,900 internal combustion engines for garden machinery, 1,151,300 internal combustion engines for motorcycles, and 29,400 for general purpose machines.

In the whole year of 2018, the construction machinery and marine internal combustion engines increased year-on-year, and the internal combustion engine for construction machinery rose by more than 10%; the decline of the internal combustion engine for vehicles continued to expand. Specifically: construction machinery and marine use increased by 10.27% and 5.49%; the internal combustion engine industry for passenger vehicles, commercial vehicles, agricultural machinery, generator sets, garden machinery, motorcycles, and general machinery all declined. In the whole year of 2018, the sales volume of internal combustion engines for passenger vehicles was 2,214,200, the internal combustion engine for commercial vehicles was 3,075,500, the internal combustion engine for construction machinery was 834,500, the internal combustion engine for agricultural machinery was 3,691,800, the internal combustion engine was 25,300, and the internal combustion engine was 164.36. Wantai, the number of internal combustion engines for garden machinery is 3,228,400, the internal combustion engine for motorcycles is 1,719,500, and the internal combustion engine is 364,200.

Maintain stable industrial concentration

The single-cylinder diesel engine mainly supporting agricultural machinery, the sales volume in December 2018 was significantly lower than that of the same period of last year, and the cumulative sales volume decreased significantly. In December, single-cylinder diesel engines sold 69,700 units, down 21.91% from the previous month and down 12.52% from the same period of last year. In 2018, the annual sales volume was 962,900 units, down 16.33% year-on-year. Its sales volume of agricultural machinery was 67,500 units, down 21.81% from the previous month and down 13.18% year-on-year. The annual sales volume was 930,300 units, down 17.33% year-on-year. The top five companies are: Changchai, Wisdom Agriculture, Sanhuan, Sifang, Jinfeiyu.

Multi-cylinder diesel engines are better than the year-on-year comparison. In December 2018, multi-cylinder diesel engine enterprises (43, an addition to a Cummins in Guangxi) sold a total of 405,200 units, an increase of 11.32% from the previous month; a year-on-year increase of 0.08%.

In 2018, the annual sales volume was 4,339,800 units. The top ten sales of Weichai, Yuchai, Yunnei, Quanchai, Jiangling, Xichai, Fukang, Xinchai, Dongkang and Changcheng accounted for 71.24% of the total sales, the top ten The concentration of enterprises has decreased slightly from last month. The market share of Yuchai and Yunzhong has increased from last month.

The multi-cylinder diesel engine used for 29 commercial vehicles accounted for 63.12%, and the sales volume continued its trend in November. Its growth rate and year-on-year decline narrowed, and the cumulative year-on-year change was not significant. The top ten sales are Weichai, Yuchai, Jiangling, Yunnei, Fukang, Xichai, Dongkang, Quanchai, Heavy Trucks, and Hangfa. The top ten sales accounted for 79.62% of the total sales; Weichai is in commercial use. The market share of multi-cylinder diesel engines for vehicles has always been leading, accounting for 18.06%. Yuchai has always maintained a leading position in the passenger car market that various multi-cylinder companies are vying for.

Construction machinery market leads new firewood

The multi-cylinder diesel engine used in 22 construction machinery accounts for 17.33%, which is lower than the previous year. Accumulated year-on-year growth. In December, the sales volume of multi-cylinder diesel engines for construction machinery was 57,000 units, down 6.54% from the previous month and down 7.01% year-on-year. In 2018, the annual sales volume was 761,600 units, up 11.82% year-on-year. The top ten sales were Xinchai, Weichai and Chai, Yunnei, Yuchai, Caterpillar, Dongkang, Xichai, Guangkang, Shangchai. The top ten sales accounted for 94.27% of its total sales.

Affected by the continued weakening of sales in the passenger vehicle market, the sales volume of multi-cylinder gasoline engines in December decreased month-on-month and decreased significantly year-on-year. The cumulative sales decline continues to increase. In December, sales reached 1,743,900 units, a decrease of 4.45% from the previous month and a decrease of 22.95% from the same period of the previous year. In 2018, the annual sales volume was 2,139.51 million units, a year-on-year decrease of 7.19%. The occupancy of passenger cars in multi-cylinder gasoline engines was 98.46%, and the sales in December was 1,172,300 units, down 4.80% from the previous month and down 22.84% from the same period of last year. In 2018, the total number was 210.66 million units, a cumulative decrease of 6.42% year-on-year. 1.82 percentage points. In 51 multi-cylinder gasoline engines, FAW-Volkswagen, Shangtong Wuling, Volkswagen Powertrain and other 10 sales were in the forefront, and its overall sales accounted for half of the industry's sales, reaching 55.30%. The cumulative sales of FAW-Volkswagen, Geely, Dongfeng Nissan, Shanghai Volkswagen and Chery increased year-on-year, with Geely (28.89%) and Chery (6.20%) growing more prominently.

There are many small gasoline engine companies, which are small and scattered. Among the comparable calibers, the sales volume has improved, and the garden machinery and agricultural machinery have all increased by more than 12%, but the downward trend has not changed, and the cumulative year-on-year decline has slightly expanded.

Related links: Strong Hengqiang

According to the data of 689 enterprises above designated size in the internal combustion engine industry, the economy of the internal combustion engine industry maintained a basically stable operation from January to November 2018. The combined data of the internal combustion engine and parts manufacturing industry and the automobile engine manufacturing industry, the three major indicators were the same as the same period of the previous year. Compared with the previous year, the total profit and export delivery value both increased. Compared with the previous October, the export delivery value increased, and the main business income and total profit indicators decreased. The main impact is still the automobile engine manufacturing industry; leading enterprises (groups) lead the industry to achieve steady economic benefits.

In November 2018, the main business income was 356.614 billion yuan, a year-on-year increase of -1.73%, of which the internal combustion engine and parts industry was 194.496 billion yuan, up 0.23% year-on-year. The automobile engine manufacturing industry was 16.2118 billion yuan, up 3.98% year-on-year. The total profit was 36.478 billion yuan, a year-on-year increase of 2.33%; the export delivery value was 21.321 billion yuan, an increase of 15.37%, of which the internal combustion engine and accessories industry was 14.766 billion yuan, an increase of 11.14%, and the automobile engine manufacturing industry was 6.555 billion yuan. It increased by 26.2% year-on-year.

From the analysis of relevant indicators, the cost of business personnel and interest increased, and the rest of the costs decreased. In the first 11 months, except for the increase in administrative expenses and interest expenses, its main business costs, sales expenses, and financial expenses were all reduced; corporate receivables were basically the same as the same period, and inventories increased year-on-year. Among them, the inventory of finished products decreased year-on-year, and the 51.81% of liabilities were within a reasonable range. It can be seen from the above indicators that the internal combustion engine industry has better control power in the conversion of new and old kinetic energy. Under the unfavorable overall environment, the enterprise management has been strengthened, the production and sales have been well connected, and the relevant expenses have been controlled to ensure the whole year. The overall economic efficiency of the internal combustion engine industry is stable.

From the enterprise level, the overall performance is not balanced. The enterprises with outstanding performance and outstanding performance are basically well-known enterprises in the industry, such as Weichai, Chongqing Cummins, Jiangxi Isuzu; Sino-foreign joint venture passenger vehicle engine companies Brilliance BMW, GAC Toyota; internal combustion engine parts leader Binzhou Bohai Piston; export-oriented small Gasoline engine company Longxin General Dynamics. And because most enterprises do not increase profits, 20% of enterprises with good returns contribute 80% of the company's benefits, and the strong ones have not changed. (Guo Yu)