China Mining Machinery Industry Report, 2009

• Publication date: February 2010

Promoted by RMB4 trillion stimulus package, China’s mining machinery industry witnessed rapid development in 2009. During Jan-Nov, the total sales revenue of the whole industry reached RMB141.17 billion, up 23.3% yr-on-yr; and the total profit was RMB8.75 billion, rising 32.5% from RMB6.31 billion in the same period of 2008. In the meantime, it is expected that the sale revenue of mining machinery will grow at a rate of about 15% in 2010 backed...

Promoted by RMB4 trillion stimulus package, China’s mining machinery industry witnessed rapid development in 2009. During Jan-Nov, the total sales revenue of the whole industry reached RMB141.17 billion, up 23.3% yr-on-yr; and the total profit was RMB8.75 billion, rising 32.5% from RMB6.31 billion in the same period of 2008. In the meantime, it is expected that the sale revenue of mining machinery will grow at a rate of about 15% in 2010 backed by mechanization demand in downstream sectors and ceaseless investments into infrastructure construction.

In spite of financial crisis, mining machinery enterprises made great achievements under the driver of favorable policies in 2009, for instance, Tiandi Science & Technology Co., Ltd, one of the few coal mining equipment manufacturers in China, held 20%-30% market shares in coal machinery market.

As of Sep, 2009, Tiandi Science & Technology Co., Ltd obtained RMB4.579 billion of operating revenue, up 34.28% against RMB3.41 billion in the same period of last year; and its net profit reached RMB373 million, rising 20.27% compared to RMB310 million in 2008. Of which, the operating revenue from automatic mining machinery was more than RMB1.853 billion in the first half year of 2009, accounting for 65% in total operating revenue in 1H2009, and rising 45.7% from RMB1.272 in the same period of 2008; and the operating profit was up to RMB528 million, taking 57% of total operating profit in 1H2009, and up 34.9% yr-on-yr.

In 2009, Tiandi Science & Technology set foot in hydraulic support business, and owned in real sense the whole set of production machinery including coal-winning machine, mechanical boring machine, scraping machine and hydraulic support, laying the solid foundation for all-round systemic functioning. It is expected that its operation and profitability will grow steadily in future.

Industrial Equipment Industry in China

Table of Contents

1. A Panorama of China’s Mining Machinery Industry
1.1 Industry Definition and Main Products
1.2 Industry Characteristics
1.2.1 Industry Scale
1.2.2 Corporate Distribution and Characteristics
1.2.3 Industry Periodicity
1.2.4 Ratios in Mining, Metallurgy and Construction Equipment Manufacturing

2. Development of China’s Mining Machinery Industry
2.1 Production & Sales
2.1.1 Production Level
2.1.2 Sales Level
2.2 Profit & Loss
2.2.1 Profitability
2.2.2 Loss Coverage
2.2.3 Assets Liabilities

3. China’s Mining Machinery Segmented Products
3.1 Crushing Equipment
3.1.1 Overview
3.1.2 Market Capacity
3.1.3 Market Demand
3.1.4 Import & Export
3.1.5 Investment Outlook
3.2 Excavating Equipment
3.2.1 Overview
3.2.2 Investment Outlook
3.2.3 Jiamusi Coal Mining Machinery Co., Ltd
3.3 Grinding Equipment
3.3.1 Overview
3.3.2 Market Demand
3.3.3 Rosy Prospect of Advanced Grinding Equipment
3.4 Washing Equipment
3.4.1 Overview
3.4.2 Market Demand

4. China’s Key Mining Machinery Companies
4.1 Taiyuan Heavy Industry
4.1.1 Profile
4.1.2 Operation
4.1.3 Development Strategies
4.2 Tiandi Science & Technology
4.2.1 Profile
4.2.2 Operation
4.2.3 Development Strategies
4.3 Inner Mongolia North Hauler Joint Stock
4.3.1 Profile
4.3.2 Operation
4.4 Kingdream Public Limited Company
4.4.1 Profile
4.4.2 Operation
4.5 Hunan Sunward Intelligent Machinery
4.5.1 Profile
4.5.2 Operation
4.5.3 Development Strategies
4.6 CITIC Heavy Industries
4.6.1 Profile
4.6.2 Key Products
4.6.3 Current Development
4.6.4 Development Strategies
4.7 Shenyang Mining Machinery Group
4.7.1 Profile
4.7.2Key Products
4.8 China First Heavy Industries
4.8.1 Profile
4.8.2 Key Products
4.8.3 Current Development
4.8.4 Competitive Advantages
4.8.5 Development Strategies
4.9 Henan Liming Heavy Industry Science & Technology
4.9.1 Profile
4.9.2 Key Products
4.9.3 Development Strategies
4.10 Shandong Shankuang Machinery
4.10.1 Profile
4.10.2 Key Products
4.10.3 Development Strategies
4.11 Henan Hongxing Mining Machinery
4.11.1 Profile
4.11.2 Key Products
4.12 Northern Heavy Industries
4.12.1 Profile
4.12.2 Key Products
4.12.3 Current Development
4.12.4 Development Strategies

5. Investments in China’s Mining Machinery Industry
5.1 Investment Environment
5.1.1 Macro Environment
5.1.2 Policy Environment
5.2 Investment Opportunities and Risks
5.2.1 Opportunities
5.2.2 Risks
5.3 Investment Suggestions

6. China’s Mining Machinery Development Trend and Forecast
6.1 Development Trend
6.2 Demand of Key Products
6.3 Mining Machinery Outlook to 2010

Selected Charts

Total Assets Change of Mining Machinery Industry, 2000-2009
Number of Companies and Employees in China Mining Machinery Industry
Ratios of Mining Machinery Manufacturing in Mining, Metallurgy and Special Construction Equipment Manufacturing
Output and Growth Rate of Special Mining Equipment in China, 2000-2009
Monthly Output of Special Mining Equipment in China, 2009
Sales Revenue and Growth of China’s Mining Machinery Manufacturing, 2000-2009
Sales Revenue per Capita of China’s Mining Machinery Manufacturing, 2003-2009
Total Profit and Growth of China’s Mining Machinery Manufacturing, 2002-2009
Gross Profit Margin and Net Profit Margin on Sales of China Mining Machinery Industry, 2000-2009
Loss Making of China’s Mining Machinery Industry, 2000-2009
Assets-Liabilities Ratio of China Mining Machinery Industry, 2000-2009
Operating Revenue of Taiyuan Heavy Industry, 2003-2009
Quarterly Sales Revenue and Net Profit of Taiyuan Heavy Industry, 2008-2009
Revenue of Taiyuan Heavy Industry by Product, 1H2009
Revenue Ratios of Taiyuan Heavy Industry by Region, Jan-Jun, 2009
Main Business Revenue of Tiandi Science & Technology, 2003-2009
Revenue of Tiandi Science & Technology from Main Products, Jan-Jun, 2009
Main Business Revenue and Net Profit of Inner Mongolia North Hauler Joint Stock, 2003-2009
Main Products Revenue Ratio to Total of Inner Mongolia North Hauler Joint Stock
Domestic and Oversea Revenue of Inner Mongolia North Hauler Joint Stock, 2008 vs. 1H2009
Operating Revenue of Kingdream Public Limited Company, 2003-2009
Main Business Revenue and Profit of Kingdream Public Limited Company, 2008 vs. 2009Q3
Changes in Gross Profit Margin of Kingdream Public Limited Company, 2005-2009
Revenue of Hunan Sunward Intelligent Machinery from Main Products, 2008-1H2009
Excavators of Hunan Sunward Intelligent Machinery by Tonnage, Jan-Nov, 2009
Domestic and Oversea Revenue of Hunan Sunward Intelligent Machinery, 2008-1H2009
Ratio of Key Products to Total Revenue of China First Heavy Industries
Operation of China First Heavy Industries, 2006-1H2009
Revenue of Inner Mongolia North Heavy Industries Group, 2006-2009
Infrastructure Investment Process of China's Coal Mining Industry, Petroleum & Natural Gas Exploiting Industry, 2003-2009
Key Economic Indices of Mining Machinery Industry
Tiandi Science & Technology Performance by Quarter, 2008 vs.2009
Five Product Categories of Northern Heavy Industry
Application of Coal Mining Machinery