On the evening of August 30, Jidong Cement released its semi-annual report for 2024. In the first half of 2024, it realized operating income of 11.22 billion yuan, down 22.55% year-on-year; realized net profit of -806 million yuan, down 120.18% year-on-year; basic earnings per share of -0.3033 yuan; weighted average return on equity ROE of -2.85%. The main sources of the company's performance are the production and sale of cement and clinker, the production and sale of aggregates and the disposal of hazardous waste and solid waste.

2024-09-02

Recently, the Natural Resources and Planning Bureau of Zaozhuang City, Shandong Province, issued the "Shandong United Wangqi Cement Co., Ltd. 4000t/d New Dry Process Cement Clinker Production Line and Waste Heat Power Generation Project Planning Approval Announcement". It is understood that the total investment in the technical renovation of the 4000t/d cement clinker new dry process production line project of Shandong United Wangqi Cement Co., Ltd. is 1 billion yuan. On the basis of the daily production of 2500t/d, the technical renovation of equipment has been upgraded to the 4000t/d new dry process cement clinker production line and the supporting construction of 6MWh waste heat power generation system. To realize the intellectualization, digitalization, energy saving and environmental deepening of production process and equipment level.

2024-09-02

What is happening in the cement industry?

2024-09-02

What is happening in the cement industry?

2024-09-01

On August 31, Huaxin Cement (600801) disclosed its semi-annual report for 2024. In the first half of 2024, the Company realized operating income of RMB 16.237 billion, a year-on-year increase of 2.56%; net profit attributable to parent company of RMB 731 million, a year-on-year decrease of 38.74%; net profit after deduction of non-profits of RMB 680 million, a year-on-year decrease of 41.88%; net cash flow from operating activities of RMB 1.731 billion, a year-on-year decrease of 18.64%; During the reporting period, the basic earnings per share of Huaxin Cement was 0.35 yuan, and the weighted average return on equity was 2.49%.

2024-08-31

What is happening in the cement industry?

2024-08-31

Most regions in China are affected by capital factors, lack of construction increment downstream, no improvement in concrete market demand, and downward pressure on local quotations. From August 22 to August 28, the national concrete price index closed at 113.68 points, down 0.42% annually and 11.12% year-on-year.

2024-08-30

Since the 29th, some major manufacturers in the province have resumed raising the price of cement by 50 yuan/ton, but the actual implementation range is about 20-30 yuan/ton.

2024-08-30

The performance of the concrete market in Northeast China is relatively stable, and the demand restricts the implementation of raw materials.

2024-08-30

The commercial mixed market in Northwest China is stable and small.

2024-08-30

Demand in the southwest region is sluggish, and concrete prices are running weakly..

2024-08-30

On August 30, Sichuan Shuangma (000935. SZ) released its semi-annual report for 2024. During the reporting period, the company realized business income of 482 million yuan, down 14.08% from the same period last year. Net profit attributable to shareholders of listed companies was 113 million yuan, down 75.06% year on year. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 95.0835 million yuan, down 78.51% year on year. Basic earnings per share is 0.15 yuan.

2024-08-30

Market demand in central and southern China is general, and concrete prices are weak..

2024-08-30

The demand for concrete in North China is weak and the price is under pressure.

2024-08-30

On August 29, Fujian Building Materials Industry Association issued the Notice on the Arrangement of Peak Staggering Work in September. The notice requires all cement enterprises to stagger the peak for 15 days in September according to the current market situation and the decision of the meeting.

2024-08-30

Demand has not improved significantly, and concrete prices are mainly stable..

2024-08-30

In the first half of 2024, Conch Cement realized an operating income of RMB45.566 billion, representing a year-on-year decrease of 30.44%, and a net profit attributable to parent company of RMB3.326 billion, representing a year-on-year decrease of 48.56%.

2024-08-30

The Implementation Measures stipulate that the capacity indicators used for replacement shall be determined according to the design capacity on the project filing or approval documents. Because the kiln diameter is 5.45 meters from the production capacity scale. Therefore, the kiln diameter is not usually 100 mm into the first gear. It should be the consideration of leaving a way out for the project. Most of the early 4000 tons/day production lines fixed the kiln diameter at 4.8 meters. At present, there is a 2500 tons/day production line in the province, and the production capacity index is sold according to the reduction ratio. If only 1500 tons/day are used, the remaining 1000 tons/day will cause subsequent trouble to the transferor. That's a lot of "trouble".

2024-08-30

From August 19, 2024 to August 25, 2024, the highest opening rate of cement kilns in all provinces in China was 73.67% in Shandong Province. Kiln opening rate of 50% and above: 70.00% in Hubei Province, 64.21% in Anhui Province, 61.43% in Shanxi Province, 59.26% in Zhejiang Province, 58.01% in Jiangsu Province, 57.71% in Hebei Province, 53.25% in Henan Province and 50.00% in Tianjin.

2024-08-30

Since the 26th, major enterprises in Lhasa, Xigaze and other places have notified to raise the price of cement by 20 yuan/ton, and the implementation remains to be observed.

2024-08-30