深耕主业拓展辅业 水泥企业培育“新增长点”势头强劲

2023-09-27 10:09:47

“本轮价格推涨落实情况有待观察。”中国水泥网分析认为,目前水泥终端需求有所好转,加之煤价上涨,企业成本增加,预计本周水泥价格或将小幅上涨。

“四季度是南方地区传统的水泥销售旺季,我们预判水泥销售形势将有所改善。”近日,塔牌集团在接待机构调研时表示。

时值水泥行业“金九银十”销售旺季,华新水泥、天山股份、福建水泥等多家水泥企业召开了业绩说明会,天山股份、塔牌集团则接待了投资者调研,围绕公司经营规划、水泥市场未来表现等话题,向市场传递了积极信号和发展信心。

“随着下游需求的逐步改善,水泥价格仍有上涨空间,但不宜过分乐观。”谈及当前市场表现,水泥大数据研究院水泥分析师李坤明直言,需求恢复偏慢且整体偏弱是影响水泥涨价的根本原因,今年9月难言“旺季”,涨价空间有待观察。上海证券报记者注意到,水泥企业在深耕主业的同时,正积极培育骨料、环保、光伏等新的业务增长点。

多地水泥价格上涨

9月中旬以来,华东、东北等地区密集上调水泥价格。例如,近期江苏天气较好,终端市场需求有所好转,加之原材料煤炭及熟料价格上调,9月18日至20日南京、南通、淮安等地通知水泥价格每吨上调20元;浙江一些企业执行停窑减产,库存压力稍有缓解,15日至20日区域大范围水泥价格每吨上调15元至20元;上海22日高标散装水泥价格每吨上调20元。

再看东北地区,9月初,吉林尝试推动水泥价格每吨上调40元至50元,但多地市场成交价格并未完全落实;16日,长春、四平等地再次推动水泥价格每吨上调40元至50元。同时,18日起,沈阳、辽阳、铁岭等辽中地区水泥价格每吨上调30元至50元。

“本轮价格推涨落实情况有待观察。”中国水泥网分析认为,目前水泥终端需求有所好转,加之煤价上涨,企业成本增加,预计本周水泥价格或将小幅上涨。

“水泥市场下一步的走势,主要看市场需求复苏情况和错峰生产执行情况等。”谈及未来水泥市场表现,塔牌集团表示,从水泥需求相关数据来看,明年水泥需求主要取决于房地产的复苏步伐,预计基建对水泥需求拉动将逐步减弱。同时,区域水泥市场的竞争还要看明年各地水泥行业的错峰生产情况等。

天山股份早前表示,预计随着水泥销售传统旺季到来,需求端下半年好于上半年。陆续出台的保交楼、城中村改造、认房不认贷等政策,有望刺激建筑市场需求。由于政策效果落实到实体出货端需要时间,因此乐观预计明年整体需求或将略好于今年。

“三季度有望形成水泥企业盈利底。”天风证券在近期发布的研报中称,看好城中村改造加快推进,有望带动明年地产新开工,提振水泥需求,明年若需求有所回升,水泥价格弹性有望超预期。

积极培育新增长点

如果行业需求拐点向下,盈利能力受到挑战,水泥企业该如何面对?这也是投资者最为关心的问题,且在业绩交流或调研中多被问及。

整体来看,在降本增效、加快转型升级,继续做强做精水泥主业的同时,水泥企业也在积极延伸产业链,发力骨料、环保、光伏等业务,培育新增长点意愿强烈。

“中国水泥工业正在经历供给侧结构性改革,行业将进入一个以减量、分化、整合为特征的深度调整期。”冀东水泥表示,其间将围绕行业新秩序的构建以及“双碳”目标实现,通过创新低碳技术、优化能源结构,与数字经济、清洁能源等新兴产业融合发展等途径,加快行业转型升级,迈入高质量发展阶段。

在塔牌集团看来,水泥是国民经济发展的重要基础原材料,目前尚无任何一种材料可以替代,未来仍有一定的刚性需求。公司将继续做强做精水泥主业,未来不排除通过收购兼并进一步做大做强水泥主业,前提条件主要取决于标的所处市场供求情况、资源禀赋条件、交易价格、协同效应等因素,公司将综合权衡考虑。

福建水泥也表示,公司将以资源掌控、节能降碳、人效提升、营销升级为四项重点工作,强化降本增效,打造差异化竞争优势,奋力实现2023年经营计划。

与此同时,骨料业务对水泥企业利润贡献逐渐显现,多家企业直言将加大布局力度。“上半年,公司骨料销量同比增长25.53%,利润贡献度提升。尚有部分骨料产能在建,将成为公司利润增长点。”天山股份在业绩说明会上表示。

上峰水泥在互动易平台回应投资者提问时称,骨料业务已为公司带来了重要的业绩贡献,该业务规模规划仍有较大增长。塔牌集团则正在筹建一条骨料生产线,规划产能为200万吨/年,预计今年底建成投产。

此外,新兴产业拓展方面,塔牌集团积极推进光伏发电项目和水泥窑协同处置固废项目建设,目前公司下属子公司厂区红线内光伏发电项目已全部投入运营,水泥窑协同处置固废项目正在紧锣密鼓推进中。同时,塔牌集团称,目前公司正在谋划发展生物科技项目,努力培育新的盈利增长点。

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Correlation

Recently, the concrete market demand has weakened, coupled with the cost-side support has not been further strengthened, enterprises are mainly shipping at stable prices, with a slight increase in individual regions. From November 7 to November 13, the national concrete price index closed at 112.50 points, up 0.03% annually and down 10.07% year-on-year.

2024-11-15 17:37:41

According to the China Cement Network Market Data Center, cement prices in central and southern China rose by about 20-30 yuan/ton in a large area this week, while those in Guangxi were temporarily stable after the rise. This week, the price of cement in Hunan was pushed up again, and the price of cement in eastern Hubei was planned to be raised again by about 30 yuan/ton in order to restore the previous target.

2024-11-15 17:36:48

Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.

2024-11-08 17:41:17

At the beginning of October, the national cement price index (CEMPI) was 124.84 points, closing at 131.3 points at the end of the month, up 5.63% annually and 19.73% year-on-year.

2024-11-06 15:05:16

In October, with the gradual decline of the national temperature, the northern project came to an end, and there was a small-scale rush to work in some areas, while the southern construction activities increased, the demand warmed up, and the shipment volume increased slightly. On the supply side, a number of sand and gravel aggregate projects have been successfully put into operation, production capacity has been released rapidly, sand and gravel prices have stopped falling slightly, and have entered a narrow range of volatility.

2024-11-05 11:42:36

Recently, the domestic temperature has dropped, local demand has dropped compared with the previous period, and the price of concrete market is mainly in a narrow range. From October 24 to October 30, the national concrete price index closed at 112.12 points, down 0.02% annually and 10.33% year-on-year.

2024-11-01 01:06:33

Recently, the construction in the south is relatively active, the local market demand is warming up, coupled with the increasing pressure on the cost side, the market price trend is stable and small. From October 17 to October 23, the national concrete price index closed at 112.14 points, down 0.02% annually and 10.65% year-on-year.

2024-10-25 17:29:24

With the improvement of weather conditions, the domestic market demand has improved as a whole in the near future, but it is still difficult to reach the peak season level in previous years. Concrete enterprises mainly ship at stable prices, and there are still some downward adjustments. From October 10 to October 16, the national concrete price index closed at 112.16 points, down 0.59% annually and 10.64% year-on-year.

2024-10-18 17:28:46

After the National Day, the domestic concrete market demand rebounded slightly, but the total amount is still relatively weak, concrete enterprises are mainly shipping at stable prices, and have not yet followed the rise of raw materials. From October 3 to October 9, the national concrete price index closed at 112.82 points, in line with the National Day holiday, with a year-on-year decline of 10.21%.

2024-10-12 17:25:54

Recently, the domestic market demand has recovered slightly compared with the previous period, but the overall level is still significantly lower than same period in previous years, and the price of concrete before the Mid-Autumn Festival is mainly a smooth transition. From September 5th to September 11th, the national concrete price index closed at 113.17 points, and the ring ratio remained stable, with a year-on-year decline of 10.81%.

2024-09-14 19:27:38

Recently, the price of raw materials has shown an upward trend again, but due to the lack of new orders in the concrete market and the fierce competition among enterprises, the focus of transactions continues to decline steadily. From August 29 to September 4, the national concrete price index closed at 113.17 points, down 0.45% annually and 11.09% year-on-year.

2024-09-06 17:22:16

However, in the semi-annual reports issued by major cement listed companies, despite the sharp decline in profits of the cement sector, the development of the aggregate sector is still steady. China Cement Network data show that in the first half of 2024, the demand for aggregate for concrete fell 10.8% year-on-year, with a total demand of 6.25 billion tons, dragged down by both downstream infrastructure and real estate. Therefore, how long the aggregate can support cement enterprises is indeed a pessimistic unknown.

2024-09-04 09:39:36

Domestic construction conditions have not been significantly improved, coupled with insufficient new projects in most regions, the concrete market is still flat. From July 25th to July 31st, the national concrete price index closed at 115.36 points, down 0.59% from the previous month.

2024-08-02 17:29:53

According to the China Cement Network Market Data Center, the shutdown of kilns in Liaoning, Northeast China, was extended to 20 days in August, the overall price was high and stable, the demand performance was not good, and the momentum to push up again was insufficient.

2024-08-02 17:28:08

According to the market data of China Cement Network, affected by the high temperature weather and rainy season, the demand performance of Beijing-Tianjin-Hebei region is flat and the price is weak.

2024-08-02 17:12:52

According to the cement network market data center news, Ningxia prices continue to decline; Shaanxi region recently due to the contradiction between supply and demand and price competition led to a larger price reduction.

2024-08-02 16:39:35

According to the data center of China Cement Market, due to the low ex-factory prices in various regions, some regions began to resume pricing this week.

2024-08-02 16:30:32

Demand is declining, supply is increasing, and the price of sand and gravel industry is adjusted in an all-round way.

2024-07-31 15:56:20

Rainfall continued in many parts of the country, local typhoons invaded, downstream construction was slow, and concrete prices fell steadily. From July 18th to July 24th, the national concrete price index closed at 116.05 points, down 0.58%.

2024-07-26 20:17:51

According to China Cement Network Market Data Center news, Guangdong, Hubei individual market notice to raise cement prices by 30-50 yuan/ton, the implementation remains to be observed. Cement quotations in other areas are basically stable and small.

2024-07-26 16:42:59

In order to reduce inventory pressure, cement prices showed signs of a slight decline.

2024-07-26 15:37:00

Shaanxi Guanzhong and Ningxia markets continued to fall.

2024-07-26 15:34:14

The main areas of central and southern Hebei have been notified to raise the price of cement by 30-50 yuan/ton. At present, the demand is general, and the implementation remains to be observed.

2024-07-26 15:29:35

Some regions in China are affected by high temperature and rain weather, coupled with insufficient new projects, the price of concrete is weakening. From July 11th to July 17th, the national concrete price index closed at 116.73 points, down 0.47% from the previous month.

2024-07-19 17:35:12

Recently, the domestic rain belt has moved northward, the market demand in most regions is still weak, and the price of concrete is stable and weak. From July 4th to July 10th, the national concrete price index closed at 117.28 points, down 0.54% from the previous month.

2024-07-12 17:29:18

Raw material prices are rising, and concrete prices are mainly stable..

2024-07-12 14:42:11

Shandong Province issued the Action Plan for Upgrading the Building Materials Industry (2024-2026), which aims to promote the green, low-carbon and high-quality development of the building materials industry. The action plan focuses on the cement industry and puts forward the tasks of stable growth, structural adjustment, digital transformation, green manufacturing and safety improvement.

2024-07-01 17:05:09

Many places in China reported that the rain weather increased, the market demand was weak, and the price of concrete was weak. From June 13th to June 19th, the national concrete price index closed at 118.15 points, down 0.20% from the previous month.

2024-06-21 17:53:57

After the festival, the market demand in most regions tends to be weak, and the focus of concrete transactions is mainly stable. As of June 12, the national concrete price index closed at 118.39 points, down 0.03% annually and 12.69% year-on-year.

2024-06-14 17:35:49

Recently, domestic demand is still relatively flat, the cost pressure of mixing stations is increasing, and the Northeast continues to rise. As of June 7, the national concrete price index closed at 118.42 points, down 0.11% annually and 13.07% year-on-year.

2024-06-07 00:41:49

Recently, there is still too much rain in some regions of China, and the demand for concrete market is running at a low level, but the overall price decline has narrowed due to the impact of cost support. From May 27 to May 31, the national concrete price index closed at 118.55 points, down 0.31% annually and 13.61% year-on-year.

2024-05-31 17:14:10

By the end of April 2024, the National Gravel Price Index (CSPI) closed at 82.95 points, down 0.73% annually and 4.24% year-on-year. The National Machine-Made Sand Price Index (MSPI) closed at 85.95 points, down 1.34% month-on-month and 7.87% year-on-year..

2024-05-08 16:53:52

Rainwater in some regions of China is still on the high side, coupled with tight market funds, limited actual demand increment, coupled with weak cost-side support, concrete prices continue to fall. By the end of April, the National Concrete Price Index (CONCPI) had closed at 120.21 points, down 1.77% from the end of March and 13.35% from the same period last year.

2024-05-06 18:10:56

In the first quarter of 2024, the demand for infrastructure fell short of expectations, housing projects continued to shrink, and the concrete industry continued to weaken. By the end of March, the National Concrete Price Index (CONCPI) closed at 122.38 points, down 1.8% from the beginning of the year. Compared with the same period in 2023, the concrete price index fell by 12.8%.

2024-04-22 10:18:23

According to the data center of China Cement Market, or driven by the rising prices in the peripheral market, the price of cement in some areas of the two lakes has been raised by 30 yuan/ton since the middle of the year, and the implementation remains to be observed. The price of bulk cement of some enterprises in the Pearl River Delta of Guangdong has been slightly reduced by about 20 yuan/ton, while the quotation of other enterprises in the same industry is temporarily stable.

2024-04-19 16:32:07

The general aggregate market is already fighting in the Red Sea, while the high-end fine aggregate market is still the blue sea market.

2024-04-03 14:16:17

According to the market data of China Cement Network, there are not many construction sites in North China, and construction is expected to resume after the Lantern Festival.

2024-02-23 17:07:28

Zhejiang: Construction is expected to start in March, which may lead to a rise in cement prices; 6 billion investment, annual production capacity of 30 million tons of projects put into operation! Huarun's "next success"; Jidong Cement: will promote related acquisition projects according to the annual investment plan; the latest market research on cement and concrete

2024-02-23 13:30:10

[Cement Big Data Research Institute] Cement Industry Chain Index Weekly Report (2024.01.19)

2024-01-19 17:19:56

2023年,下游终端市场仍然面临资金偏紧的局面,多数区域施工增量不及预期,加之上游企业竞争加剧,成本端支撑乏力,混凝土行业易跌难涨,效益进一步走弱……

2023-12-21 09:21:01

[水泥大数据研究院]水泥产业链指数运行周报(2023.12.15)

2023-12-15 17:18:06

整体来看,11月水泥市场供需双弱,但错峰停窑加之环保督察,水泥生产受限,企业涨价意愿强烈,水泥价格震荡上涨。

2023-12-05 13:33:54

水泥市场强弱分化凸显;李坤明:2025水泥需求或将打破平台期;海螺水泥矿山资源盘点与骨料业务发展分析;投资5亿!南通海螺年产240万方混凝土项目一期顺利通过竣工验收!

2023-12-01 16:16:05

据中国水泥网行情数据中心消息,本周湖南、湖北地区部分市场水泥价格推涨20-30元/吨不等,河南地区水泥价格回落20元/吨左右,两广整体行情相对平稳。

2023-11-24 17:45:05

河南水泥价格领涨;市场低迷谁之“祸”;塔牌集团投资2900万元建设储能项目;兰州甘草环保建材有限责任公司将进行重整。中国水泥网将于11月29日在杭州举办第五届中国水泥智能化高峰论坛,参观海康威视助力水泥企业数字化转型。

2023-11-20 15:22:21

10月份,国内施工条件尚可,加之基建资金到位率提升,局部施工有所加快,但总体需求仍不及往年同期水平,混凝土价格涨跌幅度较小。截至10月底,全国混凝土价格指数(CONCPI)报收125.04点,较9月底下跌0.49%,与去年同期相比,价格跌幅为12.02%……

2023-11-01 16:35:31

“本轮价格推涨落实情况有待观察。”中国水泥网分析认为,目前水泥终端需求有所好转,加之煤价上涨,企业成本增加,预计本周水泥价格或将小幅上涨。

2023-09-27 10:09:47

据中国水泥网行情数据中心消息,川渝市场水泥价格仍在下跌,贵州铜仁、黔东南主导企业通知复价上调水泥价格20-30元/吨,落实情况待跟踪。

2023-09-22 18:09:33

据中国水泥网行情数据中心消息,水泥价格长期低价销售,企业亏损运营。周内湖南地区主导企业通知复价上调水泥价格20元/吨,河南及湖北部分市场复价上调20-30元/吨,执行待观察。两广市场水泥价格仍在下滑,尤其珠三角区域周内报价继续下调20元/吨。

2023-09-22 18:02:12

On November 21, the Western Construction (002302) issued a prospectus for issuing stocks to specific targets in 2021. The company plans to introduce Conch Cement as a strategic investor through this issue, and Conch Cement will subscribe for 183 million shares, accounting for 12.48% of the total equity after the issue, becoming the second largest shareholder. The purpose of this issue is to optimize the capital structure, supplement liquidity and repay bank loans, which is expected to bring the company an annual increase of 8.85 billion yuan in operating income and a total profit of 708 million yuan, up 38.71% and 78.23% respectively from 2023.