In the past decade, with the widespread application of robots in the manufacturing industry, the scale of China's industrial robot industry has grown rapidly. According to data from the China Robotics Industry Alliance, in December 2022, industrial robots of industrial enterprises above designated size in China completed production of 40000 sets. From January to December 2022, a total of 443000 sets of industrial robots were produced by industrial enterprises above designated size nationwide.
From the perspective of competitive landscape, the epidemic has significantly accelerated the development of domestic brands. In December 2022, Chinese industrial robot equipment exports amounted to $50 million, imports amounted to $180 million, and a trade deficit of $130 million. From January to December 2022, Chinese industrial robot equipment exports amounted to 610 million US dollars, imports amounted to 2 billion US dollars, and a cumulative trade deficit of 1.39 billion US dollars.
In the past decade, Chinese high-end equipment manufacturing industry has also made rapid progress. Over the past decade, the added value of Chinese manufacturing industry has increased from 16.98 trillion yuan to 31.4 trillion yuan, accounting for nearly 30% of the global proportion and ranking first in the world. Among the 500 major industrial products, Chinese production of over 40% of the products ranks first in the world, and the comprehensive strength of the manufacturing industry has significantly improved.
In recent years, the domestic robot industry has continued to be active in investment and financing, and has initially formed a pattern of coordinated development between industry and capital. According to statistics, the Chinese robot industry has disclosed a financing amount of over 30 billion yuan in 2022.
Robotics and automation have become an indispensable part of modern manufacturing, as manufacturers integrate robot systems into production facilities to increase production capacity, increase profit margins, and reduce operating costs. The automotive industry is a key area for the application of industrial robots. Currently, the sales growth rate of new energy vehicles exceeds expectations, and the demand for robots in the market will continue to maintain a positive trend.
Listed companies continue to suffer losses in the industrial robot race, with both hot and cold days
From the performance forecasts released by some loss making companies, it can be seen that in 2022, due to the impact of the epidemic, logistics transportation, market expansion, and employee travel will be affected due to the shutdown of production. The robot company has already ordered products with limited delivery, and the delivery schedule will affect the order amount. At the same time, the industrial robot track has been improving for a long time, so major companies continue to invest, and overall expenses have not decreased compared to the same period last year, resulting in a decline in overall profits for the company.
On the other hand, the demand in the industrial automation industry has shrunk and expectations have weakened, leading to an overall decline in some industries. The company's products have been affected, and a significant decline in revenue has led to a decline in the company's profits. Some industries have a poor business climate.
In addition, fluctuations in investment in relevant domestic downstream industries and restrictions on domestic and foreign logistics and transportation have led to the rise in the price of bulk raw materials since the second half of 2021, the sharp rise in the price of electronic components due to the shortage of Chip shortage, and the increase in the cost of guaranteed supply and guaranteed delivery. In addition, the competition in the domestic robot business market has intensified, and the cost competition in the overseas integration business market has become increasingly fierce, As a result, the overall business Gross margin of some companies has not improved significantly.
In 2022, some companies continued to implement the "focus" strategy, strengthen the allocation and use of resources, continuously enrich, adjust, and improve the sales system construction of robot business, establish a matrix sales system based on industry applications and regional systems. The sales expenses of robot business increased compared to the same period in 2021, and the company's strategic adjustments and personnel allocation adjustments also generated significant one-time expenses.
Recently, 17 departments including the Ministry of Industry and Information Technology, the Ministry of Education, the Ministry of Public Security, and the Ministry of Housing and Urban Rural Development issued the "Implementation Plan for the" Robot+"Application Action," which specifies that by 2025, the density of robots in the manufacturing industry will double compared to 2020, and the depth and breadth of service robots and special robots in the industry will significantly increase. The ability of robots to promote high-quality economic and social development is significantly enhanced. Focus on 10 key application areas, break through more than 100 innovative application technologies and solutions for robots, promote more than 200 typical application scenarios of robots with high technological level, innovative application modes, and significant application effects, create a group of "robot+" application benchmark enterprises, and build a group of application experience centers and experimental verification centers. Promote various industries and regions to carry out innovative practices in the application of "robot+" in combination with industry development stages and regional development characteristics. Establish an international and domestic communication platform to create a strong atmosphere for comprehensively promoting robot applications.
In order to promote the development strategy of "robot+industry", some companies actively expand more industries and market businesses, enrich product categories, continue to introduce outstanding talents, strengthen market and channel development, and launch new products in different fields, such as three-dimensional patrol system, intelligent sharing Charging station system, rail transit industry robots, cleaning robots, which provide growth momentum for long-term, diversified and sustainable development. In the context of declining revenue, higher research and development expenses, sales expenses, and management expenses have also had a significant impact on the company's net profit.