水泥上市公司上半年增收不增利

2021-08-30 11:26:35

水泥产品价格下滑,叠加煤炭等原材料价格上涨,是水泥企业“增收不增利”的主要原因。

Wind数据显示,截至8月29日20时,A股共有17家水泥上市公司披露2021年半年报。上半年,17家公司合计实现营业收入2126.13亿元,相比上年同期的1791.81亿元,增长18.66%;合计实现归属于上市公司股东的净利润261.57亿元,相比上年同期的264.49亿元,下降1.1%;平均销售毛利率为28.44%,相比上年同期的29.97%,下降1.53个百分点。

毛利率下降

水泥产品价格下滑,叠加煤炭等原材料价格上涨,是水泥企业“增收不增利”的主要原因。

海螺水泥为例,公司半年报显示,集团按中国会计准则编制的营业收入为804.33亿元,较上年同期增长8.68%;归属于上市公司股东的净利润为149.51亿元,较上年同期下降6.96%;每股盈利2.82元,较上年同期下降0.21元/股。报告期内,集团新增熟料产能180万吨、水泥产能270万吨。截至报告期末,集团熟料产能2.64亿吨,水泥产能3.72亿吨,骨料产能5830万吨,商品混凝土420万立方米。集团水泥和熟料合计净销量为2.08亿吨,同比增长11.49%;实现主营业务收入694.32亿元,同比增长11.12%;营业成本474.79亿元,同比上升18.50%;产品综合毛利率为31.62%,较上年同期下降4.26个百分点。

塔牌集团今年上半年共实现水泥产量1043.52万吨、销量1009.41万吨,较上年同期分别增长41.36%、49.39%;实现营业收入36.34亿元,同比增长29.80%;实现利润总额、归属于上市公司股东的净利润分别为12.06亿元、9.15亿元,较上年同期分别下降1.42%、0.46%。公司表示,报告期内,公司水泥平均销售价格较上年同期下降12.13%。同时,受煤炭价格上涨的影响,公司水泥平均销售成本较上年同期上升3.06%。因此,公司综合毛利率由上年同期的47.27%下降至38.54%,下降了8.73个百分点。

错峰生产常态化

展望下半年,有水泥上市公司预计,水泥行业错峰生产将延续全局化、常态化。海螺水泥在半年报中指出,国家坚持“房住不炒”的定位,稳地价、稳房价、稳预期,促进房地产市场平稳健康发展,房地产开发投资增速预计逐步放缓。同时,国家将继续加大生态环境治理力度,统筹有序做好碳达峰、碳中和工作,水泥行业错峰生产延续全局化、常态化,产能置换政策趋紧趋严,有利于行业供求关系的改善。

部分水泥企业在半年报中透露,低价竞争趋势给行业发展带来一定困难。华新水泥指出,水泥具有原材料分布广泛、生产成本相对较低、工程使用效能良好等特征,在今后相当长的时间里,水泥仍将是一种不可替代的建筑材料。2021年下半年,我国经济工作坚持稳中求进的工作总基调,经济运行将保持在合理区间。坚持深化供给侧结构性改革,合理把握预算内投资和地方政府债券发行进度,继续推行常态化错峰生产和产能减量置换等产业政策,水泥行业基本面未发生大的改变。但局部地区供给端盲目增加供给,低价竞争呈蔓延之势,也给行业的健康发展带来一定程度的挑战。

从下半年产量角度看,水泥企业的预测主要基于所在地区的基建情况。四川双马在半年报中预计,下半年水泥产量较上半年有所提升,全年同比去年持平,而下半年基建和房地产投资增速稳中有升,水泥市场需求向好。近年来,川南区域的经济呈现加速发展、后发赶超的态势,公司建材业务核心区域——宜宾市,紧紧围绕打造川渝地区经济副中心的发展目标,加快区域建设。区域内渝昆高铁宜宾段、宜彝高速宜宾段等多条高速铁路、高速公路持续推动建设,地方经济的发展为水泥和骨料需求的增长注入了源源不断的活力,为公司经营业绩的不断提升提供了有力支撑。

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Correlation

According to the data center of China Cement Market, the overall market demand in Northwest China has declined, some kilns have been shut down, and most prices are stable. For example, the cement market demand in Gansu is weak at present, especially in Lanzhou and its surrounding areas, the inventory of some manufacturers is not high.

2024-11-08 17:27:44

According to China Cement Market Data Center News, in the central and southern regions, this week, Guangdong Pearl River Delta and Hainan regions continue to push up the cement price by 30-60 yuan/ton, and the implementation will wait and see; Guangxi region is planning to push up the cement price by 30-50 yuan/ton. After the two lakes region experienced many times of pushing up, the price was temporarily stable this week.

2024-11-01 17:35:36

Shaanxi Guanzhong cement prices have reached the bottom and stabilized, the price war has eased, the market adjustment, the full recovery still needs time. Ningxia enterprises plan to raise prices by taking the opportunity of off-peak kiln shutdown, and the specific effect remains to be tested. Gansu, Qinghai and Xinjiang markets are stable, Xinjiang prices are stable, Gansu is partially fine-tuned and overall stable, Gansu will implement peak staggering and kiln shutdown, and market trends are concerned. The price of cement in Qinghai maintains the status quo without significant fluctuation.

2024-08-09 16:37:18

In 2024, the company will follow the general idea of "profit is the purpose, share is the basis", take the annual target as the guidance, and take various measures to improve operating efficiency.

2024-07-09 10:11:54

According to the China Cement Network Market Data Center, the price of cement in some markets in Sichuan and Chongqing has been raised by 50-130 yuan/ton, which is a large increase, and the actual implementation remains to be observed.

2024-06-14 20:06:50

According to the China Cement Network Market Data Center, this week, the second round of cement prices in Guangxi began to rise by 30-40 yuan/ton in a month, while cement prices in Guangdong were mixed.

2024-06-14 19:47:39

According to the market data of China Cement Net, the price of cement in Guizhou has bottomed out and rebounded. Around the 20th, enterprises in most parts of the province notified the price of cement to be raised by 20-50 yuan/ton, and the implementation remains to be observed.

2024-05-24 15:36:32

According to the data center of China Cement Market, the overall demand for cement in East China has been bleak in recent years, and cement prices in many places have been lowered to varying degrees.

2024-05-17 17:31:09

According to the China Cement Network Market Data Center News, Northeast China: Northeast market demand is weak and stable, cement prices have loosened.

2024-04-19 16:57:31

According to the China Cement Network Market Data Center news, this week, all regions basically completed a round of general rise, but the implementation of individual regions is not good.

2024-04-19 15:53:19

According to the dispatch, four cement enterprises failed to complete the 60-day shutdown plan in the first quarter, namely, Guizhou Haolong Shengjing Building Materials Co., Ltd. stopped for 5 days less, Huaxin Guizhou Dingxiao Special Cement Co., Ltd. stopped for 4 days less, Hezhang Cement Plant Co., Ltd. stopped for 1 day less, and Majiang Mingda Cement Co., Ltd. stopped for 1 day less. Huaxin Guizhou Dingxiao Special Cement Co., Ltd. has failed to implement peak staggering production for many times.

2024-04-19 13:37:28

Several years later, the capacity was effectively removed through market shuffling, and the capacity utilization rate of the cement industry returned reasonably. Perhaps it is the golden sentence of the cement industry, the world cement looks at China, China cement looks at conch!

2024-04-11 14:04:43

At present, the demand for cement is declining and the market competition is fierce. In the future, the competition of cement enterprises will eventually be the cost competition. We can reduce the cost and increase the efficiency of standard conch cement, so as to occupy a favorable position in the market competition and avoid being eliminated by the market.

2024-03-22 14:06:21

Although the current "Belt and Road" countries still have a large market demand, they should also be alert to the hidden risks and challenges. Cement enterprises should not only learn to recognize gold, but also guard against dangerous reefs on the seabed.

2024-03-21 17:31:55

On December 26, 2023, Chongqing released the performance rating list of air pollution prevention and control of the second batch of key industry enterprises in 2023, and Chongqing Conch Cement Co., Ltd., located in Zhongxian County, was recognized as Class A.

2024-03-19 09:02:59

It is understood that a number of recent cement clinker production line construction projects ushered in the latest progress.

2024-03-14 09:46:52

Guangdong, Guangxi and Fujian will certainly become the strategic places for China Resources to compete for this share.

2024-03-13 11:08:55

Fenyi Conch Cement plans to implement the overall relocation and technical transformation project of cement clinker production line from the city to the park. It will build a 4500 t/d clinker production line and withdraw from the company's original 2500 t/d and 2000 t/d clinker production lines.

2024-03-12 16:54:31

A person in the industry said frankly, now who will spend money to buy capacity indicators to build lines ah, in the current situation, capacity indicators can sell 40 yuan/ton is good.

2024-03-12 09:17:17

As a deputy to the National People's Congress from the cement industry, what kind of "new voice" will Zhou Jinbo bring this year?

2024-03-04 10:51:24

So far, 24 subsidiaries of Conch Cement have been rated as A-level enterprises with heavy pollution weather performance rating.

2024-02-29 09:41:41

Reasons for the rise and fall of cement prices in Guangxi and Shijiazhuang; Ma Zhifeng: In the era of high cost and low demand, cement enterprises are playing a game between small profits; Conch Cement plans to invest 560 million yuan to build a photovoltaic power generation project; Shanshui Cement is expected to lose 850 million yuan in 2023; the central bank's reduction of reserve requirement ratio and interest rate will help improve the economic and real estate recovery expectations.

2024-01-25 13:05:17

According to China Cement Market Data Center, this week, Jiangsu, Zhejiang, Shanghai and Anhui regions were affected by the decline in clinker prices along the Yangtze River and around Chaohu Lake, and the quotations in all regions showed signs of falling during the week, while the quotations in other regions were temporarily stable during the week.

2024-01-19 16:45:54

The price difference of cement in different regions of Gansu is large; Xu Mingxia: the industry capacity is getting bigger and bigger; Hainan Kunlun Group has built a new cement project with an annual output of 6 million tons

2024-01-15 13:41:51

In the long run, Zhang Zhenkun believes that the cement industry will be in a difficult period in the next ten years, and the demand for cement will drop from 2.04 billion tons to 1.4 billion tons or even less in ten years.

2024-01-12 09:27:58

Shandong cement market price falls; Li Rongshan: cement off-peak production is a win-win policy; Liaoning plans to shut down kilns for 151 days in 2024

2024-01-09 14:12:31

作为行业龙头,大型水泥企业肩负着引领行业方向、推动行业进步的责任。面临“需求下滑、效益萎缩、产能过剩”等行业困局,水泥巨头们又是如何“出招”的呢?

2023-12-29 14:53:53

难关未过,未来已来。接下来,让我们一起回顾2023年水泥行业热点事件,总结过往,戮力前行。

2023-12-28 11:49:29

广东珠三角、云南多地及贵州毕节地区水泥价格上调;四川等地公布2024年错峰生产计划;福建五家水泥企业获得中央大气污染防治资金;华润水泥福州公司股权成功拍出;甘肃积石山县发生6.2级地震对当地水泥企业影响不大。

2023-12-19 14:49:50

贵州水泥价格大幅上调60-100元/吨;亚泰集团拟以近10亿收购公司;四川计划2024年一季度每条熟料生产线错峰生产50-60天

2023-12-18 13:14:07

珠三角水泥价格结束连涨态势;海螺集团连签多个重要合作协议;取消地价上限,或将催生新水泥需求?

2023-12-14 15:12:13

据中国水泥网行情数据消息,京津、内蒙古地区市场无明显变化。

2023-12-08 18:05:08

贵州、重庆、广东水泥价格上调;水泥企业最新调研纪要;并购、股权合作、新建...海螺水泥加快商混布局

2023-11-30 14:11:31

现在是工业信息化、智能化大爆炸的时代,水泥行业信息化、智能化已经在蓬勃发展,成为行业的必然发展趋势。

2023-11-09 14:09:27

今年前三季度市场总体偏弱低迷,公司注重练内功夯实竞争力,总体仍取得了一定成效,对四季度和明年依然抱有信心,有相对乐观的预期。

2023-10-30 13:40:00

阿达尼在印度水泥行业也是大佬级别的人物,是印度第二大水泥生产商。他2022年收购了豪瑞公司在印度的水泥业务,以105亿美元的收购价获得了每年约7000万吨水泥的产能,由此进入了这一行业。阿达尼计划到2028年将水泥的年产能扩大至1.4亿吨。阿达尼此前已投入16亿美元收购桑吉水泥、彭纳水泥,预计将追加获得2100万吨产能。