According to the incomplete statistics of China Cement Network, there are about 24 companies with aggregate business in A-share motherboard and Hong Kong stock listed companies, of which 16 listed companies disclose specific aggregate income. As for the performance of the aggregate business revenue, sales volume, selling price and gross profit margin of the listed company in 2023, the detailed analysis is as follows.
First, the strong are always strong, and the total aggregate revenue increased
. In 2023, 8 of the 16 listed companies that disclosed aggregate revenue achieved growth in aggregate business revenue, while 8 of the 16 listed companies achieved decline in aggregate business revenue. Aggregate revenue scale of the top 6 companies have achieved revenue growth, China Power Construction only disclosed the revenue situation in 2023, the author learned from the actual situation that the revenue in 2023 is higher than that in 2022. In 2023, China's building material aggregate business had the largest revenue of 6.104 billion yuan, and Tianshan's aggregate business had a revenue of 5.839 billion yuan. The companies with the fastest revenue growth in 2023 are China Resources Building Materials, Tibet Tianlu, Huaxin Cement and Conch Cement (China Power Construction has no specific year-on-year growth data). In 2023, the aggregate revenue of Huarun Building Material Science and Technology was 1.616 billion yuan, an increase of 190.65%, the aggregate revenue of Huaxin Cement was 5.364 billion yuan, an increase of 75.01%, and the aggregate revenue of Conch Cement was 3.864 billion yuan, an increase of 73.27%. The revenue growth of the three aggregate businesses was due to the substantial increase in aggregate production capacity and sales volume. The revenue scale of the company with declining revenue is relatively backward, and the revenue of Hunan's aggregate development business has dropped by 73.15%. Its aggregate revenue mainly comes from the sales of river sand, river pebbles and other products in the middle and lower reaches of the Yangtze River by its subsidiary Hunan Development Yiyuan, which is affected by the rare drought weather in history, the delay of the approval of the new round of mining planning, and the policy. The sales volume of sand and gravel decreased significantly year on year. In 2023, Hunan Development Yiyuan sold 1.3053 million tons of river sand, river pebbles and other products, a decrease of 75.82% compared with the same period last year. Overall, in 2023, the total aggregate revenue of 16 listed companies increased from 16.563 billion yuan in 2022 to 26.003 billion tons, an increase of 56.99% over the same period last year.
Table 1 Aggregate Income
of 16 Listed Companies in 2021-2023 Data Source: Cement Big Data (https://data.ccement.com/)
