In 2024, the sales volume of cement and clinker decreased by 1.64 million tons (2.6%), and the revenue decreased by 488 million yuan (2.53%); the sales volume of concrete increased by 4.54 million cubic meters (17%), and the revenue increased by 763 million yuan (10%); Aggregate sales volume increased by 11.86 million tonnes (9%) and revenue increased by RMB278 million (5.2%). In terms of regions, due to the decline in domestic sales of cement and clinker, the operating income of all regions declined; with the completion of overseas mergers and acquisitions and equipment transformation, the overseas income increased by 46.5%.
Next, we review the annual report data changes of Huaxin Cement in the past ten years from the four perspectives of cement clinker sales volume, clinker production capacity, operating income and total profit.
I. Sales volume of Huaxin cement clinker in recent ten years. In 2019, the sales volume of Huaxin Cement was 74 million tons, the highest in the past ten years. Since then, the sales volume of Huaxin Cement has been declining year by year, basically maintaining between 55 million tons and 58 million tons from 2022 to 2024. The proportion of cement output in China was also the highest in 2019, reaching 3.16%, and then gradually declined. In recent years, the proportion has increased significantly, reaching 3.12% in 2024, the second highest in the past decade.
II. Production capacity of Huaxin clinker in recent ten years. Over the past decade, Huaxin's clinker production capacity has shown an overall upward trend, especially since 2018, almost increasing year by year, with only a slight decline in 2021; In 2024, the clinker production capacity of Huaxin is 78 million tons, which is the highest in ten years, and the trend of proportion is basically the same. In 2024, the clinker production capacity of Huaxin accounts for 4.4% of the national clinker production capacity, which is also the highest in ten years.
Third, Huaxin's revenue in the past ten years. Starting from 2019, it will basically remain above 30 billion yuan. Since 2022, Huaxin's revenue has increased year by year, reaching 34.217 billion yuan in 2024, the highest in ten years. The proportion of cement enterprises in the national revenue has increased year by year since 2020, reaching 5.49% in 2024, which is 4 percentage points higher than that in 2015.
IV. Total profits of Huaxin in recent ten years. In 2019, the total profit of cement enterprises in China reached 186.7 billion yuan, the highest in history. In the same year, the total profit of Huaxin Cement was 8.716 billion yuan, the highest in ten years. Since then, the total profit of Huaxin Cement has shown a downward trend. In the past three years, the total profit of Huaxin Cement has basically maintained at 4-4.3 billion yuan. In terms of the total profits of cement enterprises in China, the proportion has increased year by year since 2020, especially in the past two years, the proportion has increased significantly, reaching 15.82% in 2024, nearly 10 percentage points higher than in 2022 and 14.8 percentage points higher than in 2015.
浙公网安备33010802003254号