北交所机械月报：4月机械板块北交所市值占比22%，纺织服装机械等板块领涨

Investment Rating - The mechanical sector of the Beijing Stock Exchange has a total market capitalization of 77.577 billion RMB, accounting for 22.34% of the overall market value [2][18]. Core Insights - In April 2024, the mechanical equipment industry underperformed relative to the overall exchange, ranking 12th with a monthly excess return of +3.26 percentage points. Year-to-date, the sector's excess return stands at +6.15 percentage points, with textile machinery and industrial robots leading the performance [4][18]. - The top monthly performers in the mechanical sector include Wuxi Haidaer Precision Slides Co., Ltd (+25.72%) and Jiangsu Vibo Hydraulics Joint Stock Co., Ltd (+14.67%) [14][18]. Summary by Sections Market Overview - As of April 30, 2024, there are 51 listed companies in the mechanical sector on the Beijing Stock Exchange, with a total market capitalization of 77.577 billion RMB [2][18]. - The mechanical equipment industry has shown a year-to-date excess return of +6.15 percentage points, with notable subsectors such as textile machinery (+96.56%) and industrial robots (+7.48%) outperforming the overall market [4][18]. Monthly Performance - In April 2024, the mechanical sector's monthly excess return was +3.26 percentage points, ranking it 12th among all sectors. The subsectors that outperformed include textile machinery (+8.79%) and railway transportation equipment (+8.02%) [4][18]. - The top ten companies by monthly growth within the mechanical sector include Wuxi Haidaer (+25.72%), Vibo Hydraulics (+14.67%), and Tianfang Biao (+11.84%) [14][18]. Key Company Announcements 1. Wuxi Haidaer Precision Slides Co., Ltd reported a revenue of 289 million RMB in 2023, a year-on-year increase of 9.74%, with a net profit of 39 million RMB, up 30.26% [3][19]. 2. Jiangsu Vibo Hydraulics Joint Stock Co., Ltd reported a revenue of 296 million RMB in 2023, a slight decrease of 0.55% year-on-year, with a net profit of 19 million RMB, down 36.28% due to various economic factors [3][19]. 3. Shanghai Tieda Electronic and Information Technology Co., Ltd achieved a revenue of 249 million RMB in 2023, up 7.01% year-on-year, with a net profit of 39 million RMB, up 16.61% [3][19]. 4. Hebei Meibang Engineering and Technology Co., Ltd reported a revenue of 478 million RMB in 2023, down 15.32% year-on-year, with a net profit of 23 million RMB, down 63.75% due to declining prices in its industry [3][19].