This is mainly because: Although the current demand for most trains has fallen, manufacturers are still optimistic about the medium and long-term demand growth, so the purchase of rail fasteners still maintains a large growth. The maintenance requirements of rail fasteners are relatively rigid. The competition of rail fastener is relatively large, and the impact of the decline in overseas market demand is relatively small. China expects that the output of trains and passenger cars will increase by more than 50% in the whole year, the decrease of trains and wagons will be about 20%, and the locomotives will be basically flat. Rail fastner's revenue growth will still be faster than that of complete cars, but the gap will narrow.
This makes the rail fastener industry's gross profit margin increase more obviously when the price of railway fastener products is as stable as the price of the whole vehicle. Although the capacity utilization rate will rise in the second quarter and the price of steel will be relatively stable, the prices of some products may fall, which will make the gross profit margin of the accessories industry in the second quarter slightly drop, and the gross profit margin of the train industry is very likely Basically flat or slightly up. In the long run, gross profit margin will continue to rise steadily.
The above is the analysis of the advantages of the railway fastener industry. I believe you all understand that the railway fastener industry has such broad development prospects. This also makes many people start to engage in the railway fastener industry. Of course, everyone knows that the quality of the railway fastener industry is Very important, because it is related to the safety of railway operation, it is recommended that you learn more about railway fasteners, which will help you to identify the quality of products faster and better, and it can also be better in future work.