The sales scale of the instrumentation industry in the "12th Five-Year Plan" will increase by 70%. The plan requires that in the next five years, the industry's production and sales value should reach or approach 1 trillion yuan, with an average annual growth rate of 15%, and a cumulative growth rate of more than 74.9%.
According to the latest data, the scale of production and sales in the instrumentation industry exceeded 500 billion yuan for the first time in 2010. According to the target of 1 trillion yuan, the sales scale in the "12th Five-Year Plan" will nearly double.
It is reported that strategic emerging industries will become an important driving force for high growth in the instrumentation industry. In recent years, with the improvement of equipment levels, the proportion of instruments and meters in the total investment of engineering equipment has reached about 18%. Industry insiders pointed out that during the "12th Five-Year Plan", many innovation-driven projects in China, such as marine engineering and new energy projects, will drive the growth and upgrade of demand for instruments and meters.
The "12th Five-Year Plan" of the instrumentation industry requires that during this period, the total profit of the entire industry will reach 71.3 billion yuan, with an average annual growth rate of 13%; the main business income profit margin will reach 8.5%-9%, and the total assets will reach 870 billion yuan.
The plan also requires that by the end of the "12th Five-Year Plan", the concentration of leading enterprises will be further improved. By the end of the "12th Five-Year Plan", there will be 3-5 enterprises with production and sales exceeding 10 billion yuan, more than 100 enterprises with production and sales exceeding 1 billion yuan, and their market concentration will reach 25%.
This means that even as the leading listed companies in various细分fields, there is still huge room for improvement in sales scale. According to the 2010 annual report data, Xianhe Environmental Protection's main business revenue was about 1.7 billion yuan; Juguang Technology was about 6.5 billion yuan, and Tianrun Enterprise was about 2.76 billion yuan, all of which have significant differences from the definition of "leading enterprises" by the association.
The plan proposes that during the "12th Five-Year Plan" period, the industry's export value will exceed 30 billion US dollars, and the export growth rate will be greater than the import growth rate, among which the export ratio of local enterprises will be greater than 50%. At the same time, the plan requires that the number of listed enterprises in the industry during the "12th Five-Year Plan" period will strive to reach around 150, the production and sales value of local enterprises will account for more than 70% of the total industry value, and the market share of local enterprises will be greater than 60%.