Ukuqhathaniswa kwemibiko yezezimali yemidondoshiya emithathu yamaphepha emindeni emithathu: Ingabe indawo yokusebenza ngo-2023 iza?
Umhlahlandlela: Njengamanje, intengo ye-Wood Pulp ifake umjikelezo oya phansi, futhi ukwehla kwenzuzo kanye nokwehla kwenzuzo okulethwa yizindleko eziphakeme zangaphambili kulindeleke ukuthi zithuthukiswe.
I-Zhongshun Jierou izofeza imali engenayo engu-8.57 billion yuan ngonyaka ka-2022, ukwehla konyaka konyaka ka-6.34%; Inzuzo yenetha ebizwayo kwabanikazi bamasheya bezinkampani ezisohlwini bacishe ibe yizigidi ezingama-350 yuan, ukwehla konyaka okungu-39.77%.
I-Vipha International izokwazi ukuthola imali engenayo ye-HK $ 1918 billion ngo-2022, ukukhuphuka konyaka ka-3.97%; Inzuzo ye-Net inikezwe inkampani yabazali ye-HK $ 706 million, ukwehla konyaka konyaka we-56.91%.
Ngokuphathelene nezizathu zokwehla kokusebenza, i-Vipha International ithe ngokungezelela umthelela wobhubhane ngo-2022, ukukhuphuka okuqhubekayo kwezindleko ezibonakalayo ezibonakalayo kuzoba nomthelela ongemuhle ekusebenzeni kwenkampani.
I-Hengan International izothola imali engenayo engama-22.616 billion yuan ngo-2022, ukukhuphuka konyaka ngonyaka ka-8.8%; Inzuzo ethi abanikazi bama-Equity Company bazoba yi-1.925 billion yuan, ukwehla konyaka ngo-41.2%.
ibhokisi lekhukhi
Ngokombono we-Revenue Ratio, ibhizinisi lamaphepha ithawula belilokhu liyibhizinisi eliyisisekelo seHengan International. Ngo-2022, leli bhizinisi laseHengan International lizokwenza kahle. Ngo-2022, imali engenayo ye-Hengan International Paper Towel Business izokwanda cishe ngo-24,4% kuya ku-12.248 billion yuan, accounting cishe ngo-54.16% wemali engenayo yeqembu lonke; Kwakuyi-9.842 billion yuan ngesikhathi esifanayo ngonyaka owedlule, kubalwa ngo-47.34%.
Ukwahlulela kusuka emibikweni yonyaka engama-2022 evezwe yizinkampani ezintathu zamaphepha, ukwehla kokusebenza ikakhulukazi ngenxa yokukhuphuka okubukhali kwezindleko ezibonakalayo ezingavuthiwe.
Idatha yokuqapha iSunsirs ikhombisa ukuthi kusukela ngonyaka we-2022, amanani entengo e-softwood pulp kanye ne-hardwood pulp, izinto ezivuthayo ze-soni pulp, ziguqukele phezulu. Intengo evamile yemakethe ye-softwood pulp eShandong lapho ikhuphuka ibe ngu-7750 yuan / ton, kanye ne-hardwood pulp lapho ikhuphuke ibe ngu-6700 yuan / ton ton.
Ngaphansi kwengcindezi yamanani entengo akhuphukayo akhuphukayo, ukusebenza kwezinkampani ezinkulu zamaphepha sekwenqabile, futhi imboni isabhekene nezinselelo ezinkulu.
01. Ukukhuphuka kwentengo kunzima ukulungisa ukukhuphuka kwezinto ezisetshenziswayo
Izinto ezisetshenziswayo ezisetshenziswa kwinqubo yokukhiqiza iphepha lezicubu zifaka i-pulp, izithasiselo zamakhemikhali kanye nezinto zokupakisha. Phakathi kwazo, ama-pulp account ngo-50% -70% wezindleko zokukhiqiza, futhi imboni yokukhiqiza uPilp ingumkhakha omkhulu futhi obaluleke kakhulu we-Upstream embonini yamaphepha asendlini. Njengento esetshenziswayo yamazwe omhlaba, intengo ye-pulp ithintwe kakhulu ngumjikelezo wezomnotho womhlaba, futhi ukuguquguquka kwentengo ye-pulp kuthinta izinga lenzuzo enkulu yemikhiqizo yephepha lendlu.
Kusukela ngoNovemba 2020, izintengo ze-pulp ziye zaqhubeka zivuka. Ekupheleni kuka-2021, intengo ye-pulp yenyuka ngo-5 500-6,000 yuan / ithoni, futhi ngasekupheleni kuka-2022, ibikhuphuke ku-7 400-7,800 yuan / ithoni.
Ukuze ubhekane nokwanda kwentengo kwezindleko ezibonakalayo ezingavuthiwe, ekuqaleni kukaDisemba 2020, izinkampani zamaphepha ezindlini ezweni lonke zaqala ukukhulisa amanani alandelana. Kusukela ngo-December 31, 2020, engxenyeni yesibili ka-2020, ukwanda okuqediwe kwephepha eliqediwe sekufinyelele ku-800-16 yuan yuan / ton, kanti intengo evamile yefekthri ikhuphukile ukusuka endaweni ephansi ka-5 500-5,700 yuan / ton ukuze icishe ibe ngu-7,000 yuan / ton. , Intengo ye-Xinxiangginin Ex-ex-efektri ifinyelele ku-12 500 yuan / ton.
Ekuqaleni kuka-Ephreli 2021, izinkampani ezinjenge-Zhongshun Cleanroom kanye ne-Vipha International ziqhubeke nokukhulisa amanani.
Amashokolethi webhokisi
I-Zhongshun Jierou ichazwe ngentengo yenyusa lezincwadi ngaleso sikhathi lapho amanani entengo abonakalayo aqhubeka enyuka, futhi izindleko zokukhiqiza kanye nezindleko zokusebenza zenkampani ziqhubeka zikhula. I-Vipha International (Beijing) futhi yathi ngenxa yokukhuphuka okuqhubekayo kwamanani entengo eluhlaza, izindleko zokukhiqiza ziye zanda kakhulu, futhi zihlela ukulungisa amanani emikhiqizo yomkhiqizo we-vipha.
Ngemuva kwalokho, ngekota yokuqala ka-2022, uZhongshun Jierou waqala ukukhulisa amanani entengo, futhi athuthuke ezigabeni. Ngokuya ngekota yesithathu ka-2022, uZhongshun Jierou uphakamise izintengo zemikhiqizo yayo eminingi.
Kodwa-ke, ukunyuka kwentengo okuqhubekayo kwezinkampani zamaphepha akuzange kuholele ekukhuleni okukhulu ekusebenzeni kwenkampani. Ngokuphambene nalokho, ukusebenza kwenkampani kwenqabile ngenxa yezindleko ezikhuphukayo.
ikhekhe lebhokisi lekhekhe
Kusukela ngo-2020 kuya ku-2022, imali engenayo ye-zhongshun jierou izoba ngu-7.815 billion yuan, futhi 881 billion yuan, kanye nemishado yenzuzo ye-yuan engu-701 yezigidi ezingama-412 kanye ne-3.592 billion yuyaan ngokulandelana. %, 31.96%, futhi amanani emalimboleko enenzuzo ayengama-11.58%, ama-6.35%, kanye ne-4.07%, ngokulandelana.
Imali engenayo ye-Vipha International kusuka ngo-2020 kuya ku-2022 izoba ngu-20.897 billion yuan, kanye ne-17.345 billion yuan, enenzuzo ye-778 billion yuan, 1.34 billion yuan, kanye nezigidi ezingama-631 yuan. 28.24%, futhi amanani emalimboleko enethayo ayengama-11.35%, 8.77%, kanye nama-3.64%, ngokulandelana.
Kusukela ngo-2020 kuya ku-2022, imali engenayo yaseHengan International izoba ngama-22.37 billion yuan, kanti amabhizinisi wezicubu azolandisa ngo-46.41%, 44.34%, futhi 54.14% ngokulandelana; Inzuzo ye-Net izoba ngamabhiliyoni ayi-4.608 billion yuan ngokulandelana, oku-1,949 billion yuan; Imishado yenzuzo enkulu yayingama-42.26%, 37,38%, futhi i-34% ngokulandelana, futhi imishado yenzuzo yenzuzo yayingama-20.6.83%, futhi u-8.62%.
Eminyakeni emithathu edlule, yize izinkampani ezintathu zamaphepha ezindlini ziye zaqhubeka nokuphakamisa amanani, kusenzima ukulungisa izindleko ezikhuphukayo, futhi ukusebenza kwenkampani kanye nenzuzo kuqhubekile ukwehla.
ibhokisi elimnandi lanyanga zonke
02. Iphuzu lokusebenza lingafika maduze
Ngo-Ephreli 19, uZhongshun Jirou akhipha umbiko wawo wokuqala wekota wango-2023. Lesi simemezelo sikhombisa ukuthi kwikota yokuqala ka-2023, imali esebenza enkampanini yayingu-2.061 billion yuan, inyumbazane yonyaka ka-9.35%; Inzuzo yenetha ebizwayo kubaninimasheya bezinkampani ezisohlwini kwakungu-89,44 million yuan yuan, ukwehla konyaka okungu-32.93%.
Ngokombono wekota yokuqala ka-2023, ukusebenza kwenkampani akukuhlehlisi.
Kodwa-ke, ukwahlulela kusuka ekuthambekeni kwentengo ye-pulp, kunezimpawu zokubhekana nethemba. Ngokusho kwemininingwane eqhubekayo yamandla amakhulu we-pulp, amandla amakhulu we-pulp aqhubeke akhuphuka kusuka ku-4252 yuan / 2020 yuan / 2020 yuan / 2020 yuan / 2020. NgoDisemba 12, 2022, amandla amakhulu we-pulp aqhubeka akhuphuke akhuphuke okuphezulu kwe-7452 yuan / ithoni, bese eqhubeka nokuncipha. Kusukela ngo-Ephreli 23, 2023, amandla amakhulu we-pulp aqhubeka nokuba ngu-5208 yuan / ton, eyehliswe ngu-30.11% kusuka endaweni ephezulu.
Uma inani le-pulp ligcinwa kuleli zinga ngo-2023, lizocishe lifane nakwingxenye yokuqala ka-2019.
Engxenyeni yokuqala ka-2019, inani lenzuzo enkulu yeZhongshun Jirou lalingama-36.69%, kanti izinga lenzuzo yenzuzo lalingu-8.66%; Izinga lenzuzo enkulu ye-Vipha International lalingu-27.38%, futhi isilinganiso senzuzo yenzuzo sasingu-4.35%; Izinga lenzuzo enkulu yeHengan International lalingama-37.04%, futhi isilinganiso senzuzo yenzuzo sasingu-17.67%. Kusukela kuleli phuzu lokubukwa, uma intengo ye-pulp igcinwa cishe nge-5,208 yuan / ton ngo-2023, inani lenzalo yeNtampani ezintathu ezikhulu kulindeleke ukuthi likhuphuke kakhulu, futhi ukusebenza kwawo kuzophinda kungenise ukubuyela emuva.
Ukuphepha kweCitic kubikezela ukuthi emjikelezweni obheke phansi kwamanani entengo asuka ku-2019 kuye ku-2020, izingcaphuno zangaphandle ze-softwood pulp / hardwood pulp zizoba ngaphansi kwe-US $ 570/450 / TON. Kusukela ngo-2019 kuya ku-2020 nengxenye yokuqala ka-2021, i-Vipha International'I-SAT inzuzo yenzuzo izoba ngu-7.1%, 11.4%, 10.6%, inani lenzalo yenzuzo ye-zhongshun jierou ingu-9.1%, i-11.6% ngokulandelana, kanye ne-10.0%, 8.0%.
Ekota yesine ka-2022, ama-margins wenzuzo yenzuzo ye-Vipha International neZhongshun Jierou azoba ngu-0.4% no-3.1% ngokulandelana. Engxenyeni yokuqala ka-2022, i-margin yenzuzo esebenzayo yebhizinisi le-Hengan International's Paper Towel lizoba -2.6%. Amabhizinisi azogxila ekubuyiselweni kabusha inzuzo, imizamo yokukhuthaza ukuthengisa kulindeleke ukuthi ilawulwe ngaphakathi kwebanga elithile, futhi amanani entengo esibulalayo aqinile.ibhokisi elimnandi lanyanga zonke
Ukunaka indawo yokuncintisana (umthamo omusha wokukhiqiza wephepha lezicubu ngo-2020/2021 amathani ayizigidi eziyi-1.89 / 2.3 / angama-2.32
Njengamanje, amanani e-pulp afake umjikelezo oya phansi. Ngaphansi kwalesi sizinda, izinkampani zamaphepha ezindlini kulindeleke ukuthi zisebenze ekushintsheni kahle.
Isikhathi sePosi: Meyi-15-2023
