Looking back at 2011, the state adjusted a number of industrial policies in order to promote stable economic development. The series of measures such as the central bank's rate hike and purchase restriction order have affected the hardware industry.
It is understood that the increase in the cost of funds due to the increase in interest rates will affect the hardware manufacturers. Industry sources said that raising interest rates will reduce the momentum of investment in fixed assets and will affect the demand for hardware products in the short term. However, some experts have analyzed that the prices of hardware products will not be affected by the rate hike in the short term. First of all, in hardware trading, many hardware dealers signed large purchase orders with manufacturing companies years ago. This part of the price has been solidified and will not be affected. Second, at present, the hardware manufacturing industry is basically in a state of oversupply, and there are large chips in the hands of manufacturers. Therefore, even if the actual cost of funds increases, the price fluctuations are limited.
On the other hand, as the most important force among Chinese enterprises, there are many small and medium-sized hardware companies in the hardware industry, and the small amount of investment by corporate operators has led to a low debt ratio, lower risk of suffering from increased production costs and a continuous decline in corporate profits. On the contrary, in order to increase profit margins, these companies will inevitably increase R&D efforts, improve product quality and grades, and accelerate the transformation and upgrading of the hardware industry.
The “restricted purchase order†has caused the property market to be in a depressed state, and the reduction in the number of home buyers has affected the sound development of the hardware industry to some extent. As the downstream industry chain of the real estate industry, how will the hardware industry respond?
According to professional analysis, wire and cable in the hardware industry is an indispensable building material in the real estate industry. With the implementation of the “restricted purchase order†of real estate, it has also been affected, but as China’s investment in the power grid and the construction of the light rail will be The development of wire and cable will bring more opportunities, and the average annual growth rate of power cables and cables will also increase.
It is understood that although the "restricted purchase order" and the introduction of the real estate macro-control policies and rules have been issued in succession, it will have a certain negative impact on the construction machinery industry, but affordable housing will, to some extent, reduce the impact of real estate regulation. In addition, the increase in investment in water conservancy construction will also provide support for the construction machinery industry.