Most popular paper industry 65 revenue fell, net p

65% of the revenue of the paper industry fell, and the net profit was close to halving. Release date: Source: goubei

the paper printing industry is divided into two sub industries, namely paper making and packaging printing. Among them, there are 20 A-share listed companies in the paper industry, with a total market value of 13054 billion, and 34 listed companies in the packaging and printing industry, with a total market value of 205.574 billion

data show that 20 listed companies in the paper industry achieved a total revenue of 66.627 billion in the first half of this year, a year-on-year decrease of 6.06%, of which 13 companies' revenue fell year-on-year, accounting for as much as 65%. The net profit attributable to shareholders of the parent company was 3.598 billion, a year-on-year decrease of 49.40%, of which only 6 of the 20 companies achieved year-on-year growth

there are 34 listed companies in the packaging and printing industry. According to the 2019 interim report, the segment industry achieved a total operating revenue of 4480 billion in the first half of this year, with a year-on-year increase of 5.68%. Among the 34 listed companies, 23 achieved year-on-year growth in revenue, accounting for 67.65%, and a total net profit of 3.737 billion, with a year-on-year increase of 10.66%, of which 12 companies fell year-on-year, accounting for 35.29%

paper industry: 65% of the company's revenue fell, and its net profit was close to halving

in 1997, the paper industry received three compliments. Its product quality reached the technology and utilization level of top similar products in Europe and America. A-share listed companies, Yibin Paper, Yinge investment and Qingshan Paper Chenming paper were issued and listed in that year. At the end of that year, the total market value of the paper industry was 4.881 billion

in the past 22 years, there were 20 listed companies in the paper industry, with a total market value of 13054 billion

2019 interim report shows that 20 listed companies in the paper industry achieved a total revenue of 66.627 billion in the first half of this year, a year-on-year decrease of 6.06%, and realized a net profit attributable to shareholders of the parent company of 3.598 billion, a year-on-year decrease of 49.40%

it can be seen that among the 20 companies, only Chenming paper, Shanying paper and Taiyang paper had a revenue of more than 10 billion in the first half of 2019. After further analysis, it was found that considering the annual revenue for many years, only Chenming, Shanying, Taiyang and Huatai ranked among the 10 billion clubs, and other companies had a significant gap with the four giants in the industry

Chenming paper industry is undoubtedly the largest in the domestic paper industry at present, and has been leading the industry in various indicators for many years. The company was founded in 1958

, and has become a large enterprise group dominated by pulp and paper, with the coordinated development of finance, mining, forestry, logistics, building materials, etc. it is the first enterprise in the paper industry to have a financial company, and the only a, B, H

listed company in China. By the end of 2018, the company had a self-made wood pulp production capacity of 3.28 million tons. At present, Chenming has established production bases in Shandong, Guangdong, Hubei, Jiangxi, Jilin and other places, with an annual pulp and paper production capacity of more than 11 million tons. It is an enterprise with the largest variety of products and the most complete range in the paper industry

the company began to expand its financial leasing business in 2014, which contributed about 8% of its revenue. However, in 18 years, Chenming Paper and Great Wall Guorui securities will gradually divest its financial leasing business. The proportion of financial leasing business revenue will decline from 16 to 18

years, and the company will continue to focus on the main paper industry in the future. The paper business accounted for 84.2% of the revenue in 2018. The 2019 interim report showed that more than 90% of the company's revenue came from the machine-made paper sector

at the same time, Chenming Paper's own cash flow improved significantly

Shanying paper, the second leader in the paper industry, successfully reversed in 2018. Before that, sun paper had always stabilized its head

it can be seen that Shanying paper has developed rapidly since 2012, with a scale of less than 5billion and more than 20billion. During this period, it surpassed Huatai Co., Ltd. in 2015 and sun paper in 2018. Public information shows that Shanying paper's main business is the production and sales of carton board paper, corrugated base paper, special paper, paperboard and cartons, as well as the domestic and foreign renewable fiber trade business. At the end of 18

the company's total papermaking capacity reached 4.7 million tons, and the packaging capacity was 1.3 billion square meters. In terms of market share, Shanying paper ranks third in China in terms of production and sales of packaging paper, accounting for 9% of China's market share, and ranks first in China's largest East China market with a share of

25%. The company's special paper has a leading market share in the world; The sales volume of the company's packaging sector ranks second in China, with an overall market share of 1.6%

in terms of revenue growth, 13 of the 20 companies' revenue fell year-on-year, accounting for 65%

the fastest-growing companies are Zhongshun jierou, Xianhe shares and Hengfeng Paper. According to the interim report, Zhongshun jierou household paper still maintained a substantial increase during the reporting period

Crane Co., Ltd. was successfully listed on the main board of Shanghai Stock Exchange on April 20, 2018. Its main business is the R & D, production and sales of special paper and pulp, as well as the production, sales and technological research and development of raw and auxiliary materials related to papermaking. It is currently the largest and most advanced special paper production enterprise in China. The semi annual report shows that during the reporting period of the bulletin, the company sold 227600 tons of special paper, an increase of 27600 tons over the same period in 2018, an increase of 13.80% year-on-year

in the semi annual report, Hengfeng Paper believed that the increase in revenue was mainly due to the increase in product sales over the same period and the slight increase in product prices

however, it should be noted that the income of industry leaders Chenming Paper and Shanying paper has declined to a certain extent, among which Chenming paper is the most serious, In the semi annual report, the company said that this was because "affected by multiple factors such as the economic downturn, reduced market demand, tightened raw material supply and rising prices, the paper industry experienced a decline in economic benefits, increased production and operation difficulties, and a decline in paper prices. Affected by this, the company achieved a net profit of only 38.22 million in the first quarter, a decrease of 95.12% compared with the same period last year". However, since entering the second quarter, the market has improved significantly, and the price increases of major paper types have been implemented, resulting in obvious benefits

as for the net profit of the first stage cooperation between wrap, the project partner, and nextek, the 2019 mid-term report shows that Shanying paper has the best performance, with a net profit of 925million, followed by sun paper and Chenming paper, with a net profit of 887million and 510million respectively. Among the 20 companies, only Yinge has a loss on investment

it can be seen from the mid year report of this year that Shanying paper has become the most profitable company in the paper industry. In addition, in the case of general revenue decline in the paper industry, the decline of Shanying paper is significantly smaller than that of Chenming Paper and other companies. In terms of gross profit margin, most companies' gross profit margin fell in the first half of 2019, and the industry leader Chenming paper fell from 33.30% to 26.93%, a decrease of nearly 7 percentage points

in terms of net profit growth, only 6 of the 20 companies achieved year-on-year growth. The net profit growth rates of the industry's four giants Chenming paper, Shanying paper, Taiyang paper and Huatai were -71.43%, 45.77%, 27.81% and -26.34% respectively. The average year-on-year growth rate of net profit (excluding abnormal silver dove investment) was -28.97%

packaging and printing industry: 34 companies supported the market value of 200billion yuan, and the net profit increased by 10.66% year-on-year.

choice database shows that there are 34 listed companies in the packaging and printing industry, with a total market value of 205.574 billion yuan. The 2019 interim report shows that the segment industry achieved a total operating revenue of 4480 billion yuan in the first half of this year, a year-on-year increase of 5.68%, and a net profit of 3.737 billion yuan, a year-on-year increase of 10.66%

in terms of revenue scale, the top three in the printing and packaging industry in the first half of 2019 were Hexing packaging, Zijiang enterprise and org, with operating revenues of 5.485 billion, 4.657 billion and 4.144 billion respectively in the first half of 2019

after analyzing the data of previous years, it is found that there is only one enterprise with a revenue of more than 10 billion yuan in the packaging and printing industry. The 2018 annual report shows that the operating revenue of Hexing packaging in that year was 12.166 billion yuan, followed by Zijiang enterprise with 9.010 billion yuan. After analyzing the development process of Hexing packaging, it is found that the company's revenue nearly doubled in 2017, far exceeding the growth rate of the industry. This development momentum was also maintained in 2018, and finally took the lead in the industry

after reviewing the previous development history of Hexing packaging, it was found that the company did not have a more radical performance in capital operation and project investment than other companies. The most special point was that in 2017, the company decided to implement the strategic plan of "10 billion manufacturing and 100 billion services", and began to implement the construction of intelligent packaging integrated services (IPS) and packaging industry supply chain cloud platform (PSCP) business modules, so as to realize the mutual cooperation between IPS and PSCP, Packaging manufacturing provides basic support for packaging services, and packaging services deepen the new mechanism of packaging manufacturing. In that year, the revenue of the company's supply chain service sector increased nearly four times

this industrial chain operation business had more than 1300 cooperative customers, with a transaction value of more than 2.8 billion, while the transaction value at the end of 2017 was only more than 1 billion. According to the annual report of that year, the proportion of supply chain service revenue continued to increase

from the perspective of revenue growth, 23 of the 34 listed companies have zigzagged and deformed waste clearing devices. The revenue has increased year-on-year, accounting for 67.65%, of which new Hongze has the largest growth rate of 140.67%, followed by global printing and Prince new materials, with growth rates of 79.84% and 74.31% respectively

compared with the 2018 interim report, the performance of the printing and packaging industry in the first half of this year was significantly worse, with the number of companies declining year-on-year from 2 to 11, while the number of companies with an increase of more than 50% decreased from 6 to 3

in terms of net profit, the largest net profit among the 34 companies is org, which achieved a total profit of 486million in the first half of this year, followed by Jinjia shares and Enjie shares, which were 465million and 389million respectively. A total of four companies lost money, including Shaanxi Jinye, Hongbo shares, Zhuhai Zhongfu and Jielong industries

in terms of gross profit margin, 13 of the 34 companies' gross profit margin fell compared with 2018, accounting for 38.24%, but the average gross profit margin of the industry increased slightly

in terms of net profit growth, the alliance is composed of 8 production enterprises from the province's thermoplastic elastomer materials and products industry and 5 universities and scientific research institutes, including Hefei academy of materials science, Chinese Academy of Sciences, Hefei University of technology, etc. a total of 12 companies fell year-on-year, accounting for 35.29%. Among the companies that achieved growth, Baosteel packaging net profit growth rate was the largest, reaching 223.65%, followed by Yinglian shares and Enjie shares, 207.79% and 140.98% respectively, The details are as follows:

it can be seen that the papermaking and printing industry is polarized. Industry leaders such as Chenming paper are also limited by the change in demand. The price of raw materials has risen, and the net profit has fallen sharply. However, Shanying paper is a late mover, and its profitability has exploded. For 30 years, there are infinite possibilities in the future