Kugereranya raporo yimari ya bitatu byingenzi byimpapuro zo murugo: Ese aho ihindagurika ryimikorere muri 2023 iraza?
Ubuyobozi: Kugeza ubu, igiciro cyibiti byinjiye mu bihe byamanutse, kandi kugabanuka kwinyungu no kugabanuka kwimikorere yazanwe nigiciro cyashize biteganijwe ko bizanozwa.
Zhongshun Jierou azagera ku bikorwa byinjiza miliyari 8.57 mu mwaka wa 2022, umwaka ushize ugabanuka 6.34%; inyungu nyungu yitirirwa abanyamigabane b'amasosiyete yashyizwe ku rutonde ni hafi miliyoni 350 Yuan, umwaka ushize wagabanutseho 39.77%.
Vinda International izabona amafaranga yinjira muri miliyari 19.418 z'amadolari ya Amerika mu 2022, umwaka ushize wiyongereyeho 3,97%; inyungu nyungu ituruka ku isosiyete nkuru ya HK miliyoni 706 z'amadolari ya Amerika, umwaka ushize wagabanutseho 56,91%.
Ku bijyanye n'impamvu zituma igabanuka ry'imikorere, Vinda International yavuze ko usibye ingaruka z'iki cyorezo mu 2022, kuzamuka kw'ibiciro by'ibikoresho fatizo bikomeje kugira ingaruka mbi ku mikorere y'isosiyete.
Hengan International izagera kuri miliyari 22.616 Yuan mu 2022, umwaka ushize wiyongereyeho 8.8%; inyungu yitirirwa abafite imigabane yisosiyete izaba miliyari 1.925 yu Yuu, umwaka ushize ugabanuka 41.2%.
agasanduku
Urebye igipimo cyinjira, ubucuruzi bwimpapuro burigihe nubucuruzi bwibanze bwa Hengan International. Muri 2022, ubu bucuruzi bwa Hengan International buzakora neza. Mu 2022, amafaranga yagurishijwe mu bucuruzi bw’impapuro za Hengan International aziyongera hafi 24.4% agera kuri miliyari 12.248, bingana na 54.16% by’amafaranga yinjira muri iryo tsinda; yari miliyari 9.842 Yuan mugihe kimwe cyumwaka ushize, ihwanye na 47.34%.
Urebye muri raporo ya buri mwaka 2022 yashyizwe ahagaragara n’amasosiyete atatu y’impapuro, igabanuka ry’imikorere riterwa ahanini n’izamuka rikabije ry’ibiciro fatizo.
Ikurikiranwa rya SunSirs ryerekana ko kuva mu 2022, ibiciro byibiti byimbuto zimbuto nimbuto zikomeye, ibikoresho fatizo byo gutema ibiti, byahindutse hejuru. Impuzandengo yisoko ryibiti byoroheje muri Shandong yigeze kuzamuka igera kuri 7750 Yuan / toni, naho ibiti byimbuto bigera kuri 6700 / toni.
Kubera igitutu cy’ibiciro fatizo byazamutse cyane, imikorere y’amasosiyete akomeye nayo yagabanutse, kandi inganda ziracyafite ibibazo byinshi.
01. Kuzamuka kw'ibiciro biragoye guhagarika izamuka ry'ibikoresho fatizo
Ibikoresho bibisi bikoreshwa mugikorwa cyo gukora impapuro za tissue zirimo pulp, inyongeramusaruro nibikoresho byo gupakira. Muri byo, ibinyomoro bingana na 50% -70% by'igiciro cy'umusaruro, naho inganda zikora inganda nizo nganda nyamukuru kandi zikomeye zo mu ruganda rukora impapuro zo murugo. Nkibikoresho mpuzamahanga byibanze, igiciro cyibicuruzwa bigira ingaruka cyane mubukungu bwubukungu bwisi, kandi ihindagurika ryibiciro bya pulp bigira ingaruka ku nyungu rusange y’ibicuruzwa byo mu rugo.
Kuva mu Gushyingo 2020, ibiciro bya pulp byakomeje kuzamuka. Mu mpera za 2021, igiciro cya pulp cyazamutseho 5.500.000.000 yu / toni, naho mu mpera za 2022, cyariyongereye kigera kuri 7.400-7,800.
Mu rwego rwo guhangana n’izamuka ry’ibiciro by’ibikoresho fatizo, guhera mu Kuboza 2020, amasosiyete y’impapuro zo mu rugo mu gihugu hose yatangiye kuzamura ibiciro umwe umwe. Kugeza ku ya 31 Ukuboza 2020, mu gice cya kabiri cy'umwaka wa 2020, ubwiyongere bw'impapuro zuzuye bwageze kuri 800-1000 Yuan / toni, kandi igiciro cyahoze ari uruganda cyazamutse kiva ku gipimo cyo hasi cya 5.500-5,700 Yuan / toni kigera hafi 7,000 Yuan / toni. , Xinxiangyin yahoze mu ruganda igiciro cyageze ku 12.500 / toni.
Mu ntangiriro za Mata 2021, ibigo nka Zhongshun Cleanroom na Vinda International byakomeje kuzamura ibiciro.
agasanduku ka shokora
Zhongshun Jierou yavuze mu ibaruwa yo kongera ibiciro muri kiriya gihe ko ibiciro by’ibanze byakomeje kwiyongera, kandi n’ibicuruzwa by’isosiyete n’ibiciro by’ibikorwa byakomeje kwiyongera. Vinda International (Beijing) yavuze kandi ko kubera izamuka ry’ibiciro fatizo bikomeje kwiyongera, ibiciro by’umusaruro byiyongereye cyane, kandi birateganya guhindura ibiciro ku bicuruzwa bimwe na bimwe by’ibicuruzwa bya Vinda guhera ku ya 1 Mata.
Nyuma, mu gihembwe cya mbere cya 2022, Zhongshun Jierou yatangiye kongera kuzamura ibiciro, kandi atera imbere mu byiciro. Kugeza mu gihembwe cya gatatu cya 2022, Zhongshun Jierou yazamuye ibiciro by'ibicuruzwa byinshi.
Nyamara, kuzamuka kw'ibiciro guhoraho kw'amasosiyete y'impapuro ntabwo byatumye habaho kwiyongera gukomeye mu mikorere y'isosiyete. Ibinyuranye, imikorere yikigo yagabanutse kubera ibiciro byazamutse.
agasanduku k'agasanduku
Kuva mu 2020 kugeza 2022, amafaranga yinjira muri Zhongshun Jierou azaba angana na miliyari 7.824, miliyari 9.15, na miliyari 8.57, hamwe n’inyungu zingana na miliyoni 906, miliyoni 581, na miliyoni 349, hamwe n’inyungu rusange zingana na 41.32 % na miliyari 3.592 %, 31.96%, ninyungu zinyungu zari 11.58%, 6.35%, na 4.07%.
Vinda International yinjiza kuva mu 2020 kugeza mu 2022 izaba miliyari 13.897, miliyari 15.269, na miliyari 17.345, hamwe n’inyungu zingana na miliyari 1.578, miliyari 1.34, na miliyoni 631. 28.24%, naho inyungu zinyungu zari 11.35%, 8.77%, na 3.64%.
Kuva mu 2020 kugeza 2022, Hengan International yinjiza izaba miliyari 22.374, miliyari 20.79, na miliyari 22.616, naho ubucuruzi bw’imyenda bugera kuri 46.41%, 47.34%, na 54.16%; inyungu zunguka zizaba miliyari 4.608 Yuan na miliyari 3.29 zingana na miliyari 1.949; inyungu rusange y’inyungu yari 42.26%, 37.38%, na 34%, naho inyungu y’inyungu yari 20.6%, 15.83%, na 8.62%.
Mu myaka itatu ishize, nubwo amasosiyete atatu akomeye yimpapuro zo murugo yakomeje kuzamura ibiciro, biracyagoye kugabanya ibiciro byazamutse, kandi imikorere yikigo ninyungu byakomeje kugabanuka.
buri kwezi agasanduku keza
22. Ingingo yo guhinduranya imikorere irashobora kuza vuba
Ku ya 19 Mata, Zhongshun Jierou yasohoye raporo y’igihembwe cya mbere cy’umwaka wa 2023. Iri tangazo ryerekana ko mu gihembwe cya mbere cy’umwaka wa 2023, amafaranga y’isosiyete yinjije miliyari 2.061 y’amayero, umwaka ushize wiyongereyeho 9.35%; inyungu nyungu yitirirwa abanyamigabane b’amasosiyete yashyizwe ku rutonde yari miliyoni 89.44 yu Yuan, umwaka ushize wagabanutseho 32.93%.
Urebye igihembwe cya mbere cya 2023, imikorere yikigo ntiyahindutse.
Nyamara, urebye ukurikije ibiciro bya pulp, hari ibimenyetso byicyizere. Dukurikije amakuru ahoraho y’ingufu nyamukuru ya pulp, imbaraga nyamukuru za pulp zakomeje kuzamuka ziva kuri 4252 yuan / toni ku ya 3 Gashyantare 2020 zigera kuri 7652 yu / toni ku ya 1 Werurwe 2022. Nyuma yibyo, byahinduye gato , ariko yagumye hafi 6700 yuan / toni. Ku ya 12 Ukuboza 2022, imbaraga nyamukuru za pulp zakomeje kuzamuka kugera kuri 7452 yu / toni, hanyuma zikomeza kugabanuka. Kugeza ku ya 23 Mata 2023, imbaraga nyamukuru za pulp zakomeje kuba 5208 yuan / toni, yagabanutseho 30.11% kuva hejuru.
Niba igiciro cya pulp gikomeje kuri uru rwego muri 2023, bizaba hafi nko mu gice cya mbere cya 2019.
Mu gice cya mbere cya 2019, inyungu rusange ya Zhongshun Jierou yari 36.69%, naho inyungu y’inyungu yari 8.66%; inyungu rusange y’inyungu ya Vinda International yari 27.38%, naho inyungu y’inyungu yari 4.35%; inyungu rusange ya Hengan International yari 37.04%, naho inyungu yabyo yari 17.67%. Dufatiye kuri iyi ngingo, niba igiciro cya pulp cyagumishijwe hafi 5,208 yu / toni muri 2023, biteganijwe ko inyungu y’inyungu z’amasosiyete atatu akomeye yo mu rugo yiyongera ku buryo bugaragara, kandi imikorere yabo nayo izatangira guhinduka.
CITIC Securities iteganya ko mu gihe cyo kugabanuka kw'ibiciro bya pulp kuva 2019 kugeza 2020, amagambo yatanzwe hanze ya softwood pulp / hardwood pulp azaba ari munsi ya US $ 570/450 / toni. Kuva muri 2019 kugeza 2020 nigice cyambere cya 2021, Vinda International'Inyungu zinyungu zizaba 7.1%, 11.4%, 10.6%, inyungu zinyungu za Zhongshun Jierou ni 9.1%, 11,6%, 9,6%, naho inyungu yibikorwa byubucuruzi bwimyenda ya Hengan ni 7.3%, 10.0%, 8.9%.
Mu gihembwe cya kane cya 2022, inyungu zunguka za Vinda International na Zhongshun Jierou zizaba 0.4% na 3.1%. Mu gice cya mbere cya 2022, inyungu y’inyungu y’ubucuruzi bw’impapuro za Hengan International izaba -2,6%. Ibigo bizibanda ku kugarura inyungu, imbaraga zo kuzamura ibicuruzwa biteganijwe ko zizagenzurwa mugihe runaka, kandi ibiciro byanyuma birahagaze neza.buri kwezi agasanduku keza
Urebye imiterere ihiganwa (ubushobozi bushya bwo gukora impapuro za tissue muri 2020/2021 ni toni miliyoni 1.89 / 2.33) hamwe n’ingamba zambere z’ibiciro, CITIC Securities iteganya ko inyungu y’inyungu y’impapuro ziyobora muri iki cyiciro cy’ibiciro byamanutse ukwezi guteganijwe gukira kugera kuri 8% -10%.
Kugeza ubu, ibiciro bya pulp byinjiye mu ntera. Munsi yinyuma, ibigo byimpapuro murugo biteganijwe ko bizana imikorere ihinduka.
Igihe cyo kohereza: Gicurasi-15-2023
