More miserable than! One loses more than other! Why is the concrete business hard to do?

1. Performance Forecast

of Major Concrete Industry Enterprises in 2022 So far, most concrete industry enterprises have issued performance forecasts for 2022, according to Digital Building Materials DataBM.

China Construction Western Construction has issued a performance forecast for 2022.

The report shows that the net profit attributable to shareholders of listed companies is 513.6 million yuan to 642.9 million yuan, down 23.90% to 39.20% from the same period last year; The net profit after deducting non-recurring gains and losses is 435.47 million yuan to 564.77 million yuan. Decreased by 24.83% -42 over the same period last year.

report shows that." Hainan Ruize expects a negative net profit during the reporting period, with a net profit loss of 360 million to 540 million yuan attributable to shareholders of listed companies. The loss in the same period last year is 114070.

report shows that." Sifang New Material is expected to achieve a net profit of -87.4836 million yuan to-13065 attributable to shareholders of listed companies in 2022. It is expected to achieve an operating income of about 0.09 million yuan 165453 in 2022, with a year-on-year change of 22.54%; Net profit attributable to shareholders of the Company after deduction of non-recurring profit and loss amounted to -93.8338 million yuan to-14014.

shows that the net profit loss attributable to the shareholders of the listed company is 190 million to 230 million yuan." Decreased by 258.26% -333.68% over the same period last year; The net profit loss after deducting non-recurring gains and losses is 192 million yuan to 232 million yuan. Down 196.54% -258 from the same period last year.

report shows that." The net profit loss attributable to shareholders of listed companies is 160 million yuan to 210 million yuan. The loss in the same period last year is 33343.

report shows that." The net profit attributable to shareholders of listed companies was 130 million yuan to 170 million yuan, an increase of 66.06% to 117.15% over the same period last year; The net profit after deducting non-recurring gains and losses is 106 million yuan to 154 million yuan. Up 104.23% -196 over the same period last year.

report shows that." The net profit loss of Guotong Pipeline attributable to shareholders of listed companies in 2022 was 100 million yuan to 85 million yuan, down 1264.14% to 1089.52% from the same period last year; The net profit loss after deducting non-recurring gains and losses is 150 million yuan to 130 million yuan. Decreased by 1714.64% -1499 over the same period of last year.

, said in its analysis report that this year, it was affected by the epidemic, high temperature and power rationing." As a result, the demand for commercial concrete products in Chongqing has been greatly reduced. Although the company has expanded its production and operation scale and increased its market share through mergers and acquisitions, the decline in market demand has made the company's overall sales volume and sales price less than expected. The increasing pressure on

enterprise accounts receivable is also one of the reasons for the loss. Sifang New Material said in the report that due to the lack of liquidity of downstream real estate development enterprises and other factors, while the scale of accounts receivable increased, some accounts receivable recovery and notes receivable payment were delayed compared with previous years. Hainan Ruize also said that the company's project settlement and repayment were not as expected, resulting in an increase in the provision for impairment losses of accounts receivable and contract assets.

According to the statistics of China Cement Network and Cement Big Data Research Institute, in the first three quarters of 2022, the proportion of accounts receivable in revenue of listed companies with commercial mixing as the main industry in A-share market increased by about 35% compared with the same period in 2021. From the perspective of the industry, it is estimated that the scale of accounts receivable has exceeded 1 trillion, and the ready-mixed concrete industry accounts for more than half.

https://img7.ccement.com/richtext/img/nchw4py92mh1675234367995.

Of course, The new construction volume caused by the downturn of the real estate industry has become the main reason for the decline of concrete demand. Sifang New Material said that due to the decline of the real estate industry in Chongqing, the new construction area of real estate in January-November 2022 declined by 54. According to the data of the National Bureau of Statistics, the investment in real estate development in 2022 was 13289.5 billion yuan, down 10

from the previous year. From January to November, the national real estate development investment was 123863 billion yuan, down 9.8% from the same period last year; the total area of land purchased by the real estate industry was 84.55 million square meters, down 53.8% from the same period last year; The new construction area is 1116.32 million square meters, down 38.

Shentiandi A report shows that due to the impact of the real estate policy, the competition in the concrete industry has further intensified, the gross interest rate of the industry has declined significantly, the company has taken the initiative to shrink sales orders, combined with the impact of the epidemic in Shenzhen in 2022, sales revenue and profits have declined significantly year-on-year. Hainan Ruize analyzed a similar conclusion in the report: during the reporting period, due to repeated epidemics and the continuous adverse impact of real estate regulation policies, the investment in engineering projects decreased and the commencement of projects was delayed, resulting in a decline in the operating income of the company's commercial concrete, cement sales and landscaping projects.