Recently, a number of listed companies in the concrete and cement products industry issued a performance forecast announcement for the first half of 2023. Digital building materials DataBM. Com found that most enterprises are not net profit pre-loss, or net profit is expected to decrease.
Western Construction : In the first half of 2023, the net profit of Western Construction attributable to shareholders of listed companies is estimated to be 133 million to 165 million, with a year-on-year decrease of 56.81 to 65.18%.
Hainan Ruize : In the first half of 2023, the net profit attributable to shareholders of listed companies is expected to be a loss of 89 million to 100 million yuan, compared with a 11321 loss of 0.05 million yuan in the same period last year.
Sifang New Material: It is estimated that the net profit attributable to the shareholders of the listed company in the first half of 2023 will be a loss of 7.16 million yuan to 10.74 million yuan, which will be a loss compared with the same period last year.
Shenzhen (Tiandi): The net profit of shareholders of listed companies is expected to be a loss of 35 million yuan to 45 million yuan, compared with a loss of 61.6057 million yuan in the same period last year.
Sansheng Industry : The net profit attributable to shareholders of listed companies in the first half of the year is expected to be a loss of 100 million yuan to 120 million yuan, compared with a loss of 40.7383 million yuan in the same period last year.
Sanhe Pipe Pile: The net profit attributable to shareholders of listed companies in the first half of the year was 48 million to 62 million, an increase of 82.55% to 135.8% over the same period last year.
Han Jianheshan : Han Jianheshan expects to realize a net profit loss of 46 million to 32 million attributable to the owner of the parent company in the first half of 2023.
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In recent years, the economic downturn of the downstream industry, especially the real estate industry, has had a greater impact on the concrete industry. According to the DataBM. Com of Digital Building Materials Network, in 2022, the average price, overall business income and profit of the national commodity concrete market showed a significant downward trend, and 3700 concrete enterprises in the industry lost money throughout the year, which accounted for 22.68% of the industry. The increase of losses has led many concrete enterprises to go bankrupt or face the risk of bankruptcy.
According to incomplete statistics, many commercial mixed enterprises have gone bankrupt or entered bankruptcy proceedings since this year. The list is as follows:
It is reported that in recent years, the downward trend of the real estate industry has inevitably had an impact on the entire industrial chain. In addition to the concrete industry, the cement and sand industries in the same industrial chain have also suffered a heavy blow . In this case, many enterprises have to face the grim reality, and some enterprises even have to go bankrupt.
Liangshan Huili Chuancheng Cement Company was declared bankrupt
a few days ago, the People's Court of Huili City, Liangshan Yi Autonomous Prefecture, Sichuan Province, announced that Liangshan Huili Chuancheng Cement Company was insolvent, and there was no possibility of reorganization or reconciliation, which met the conditions for declaring bankruptcy. In accordance with the relevant provisions, the Court declared the bankruptcy of Liangshan Huili Chuancheng Cement Co., Ltd. on June 26, 2023. On June 21, the bankruptcy liquidation
of
Chengdu Ronglian Cement Co., Ltd., the public number of the WeChat of Shuangliu Court issued the Notice and Operational Guidelines of the First Creditors'Meeting of the Bankruptcy Liquidation Case of Chengdu Ronglian Cement Co., Ltd. The first creditors'meeting of the bankruptcy liquidation case of Chengdu Ronglian Cement Co., Ltd. is scheduled to be held on time at 10 A. M. on June 30, 2023.
On June 19, the Dehong Intermediate Court issued the Announcement of the First Creditors'Meeting in the Case of Compulsory Liquidation of Dehong Sanxiang General Cement Co., Ltd. The first creditors' meeting of Dehong Sanxiang General Cement Co., Ltd. will be held at 9:30 a.m. on June 28, 2023 in the form of a network meeting.
On June 15
, Erlianhot Taigao Cement Co., Ltd. and Inner Mongolia Taigao Cement Co., Ltd. Erlian Court of Erlianhot City, Xilingol League, Inner Mongolia Autonomous Region organized the first creditors'meeting of the substantive merger bankruptcy liquidation case of Taigao Cement Co., Ltd. of Erlianhot City, Taigao Cement Co., Ltd. of Inner Mongolia and Taigao Stone Co., Ltd. of Sunite Left Banner. The People's Court of Jiawang District, Xuzhou City
, Jiangsu Province, announced on June 7, 2023 that it would accept the bankruptcy liquidation case of Zhongta Cement Plant in Xuzhou City. The People's Court of Fusong County,
Jilin Province announced on May 17, 2023 that it would accept the bankruptcy liquidation case of Fusong Senxiang Cement Co., Ltd.
On April 13, the People's Court of Xinluo District, Longyan City, Fujian Province, accepted the bankruptcy liquidation case of Fujian Qilin Cement Co., Ltd. on the basis of the application of Jiangxi China Coal Construction Group Co., Ltd. A
few days ago, the Fifth Intermediate People's Court of Chongqing announced that "Taihe Tai (Chongqing) Law Firm" was selected as the bankruptcy administrator of Chongqing Raymond Rock Sandstone Products Co., Ltd. on the integrated platform.
Hongshun Sandstone Bankruptcy Liquidation was accepted
on May 8. The People's Court of Linchuan District, Fuzhou City, Jiangxi Province, announced that, after examination, Fuzhou Hongshun Sandstone Co., Ltd. could not pay off its debts due, and its assets were insufficient to pay off all its debts. On April 19, 2023, the Court decided to accept the bankruptcy liquidation application of Fuzhou Hongshun Sandstone Co., Ltd. in accordance with relevant provisions.
On May 8, the People's Court of Linchuan District, Fuzhou City, Jiangxi Province, announced that after examination, Fuzhou Henglu Sandstone Co., Ltd. could not pay off its debts due and its assets were insufficient to pay off all its debts. On April 17, the Court decided to accept the bankruptcy liquidation application of Fuzhou Henglu Sandstone Co., Ltd. in accordance with relevant provisions.
On May 9, the People's Court of Linchuan District, Fuzhou City, Jiangxi Province, announced that the court had accepted the bankruptcy liquidation of Hengsheng Sandstone Co., Ltd. on April 25, 2023, based on the application of Fuzhou Chengtou Financing Guarantee Co., Ltd. He also appointed Jiangxi Junjian Bankruptcy Liquidation Service Co., Ltd. as the administrator of Fuzhou Hengsheng Sandstone Co., Ltd.
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Just as there are opportunities for every challenge, while facing challenges, these industries should also seize opportunities to meet changes. Flexible adjustment of market strategy, strengthening cooperation with upstream and downstream industries, promoting green production and sustainable development, and actively embracing digital transformation will be the decisive measure to cope with the downturn of the market. Through continuous innovation and collaboration, we believe that the industry will be able to overcome difficulties and usher in a broader development prospect.