Building materials industry continues to reverse growth

In June, the national building materials household market as a whole continued the weak trend in May.

As of July 20, according to the Shenyin & Wanguo Industry Classification, of the 67 listed building materials companies, 53 companies issued interim report performance warnings or performance bulletins, of which 24 companies' forecasted net profit declined year-on-year, accounting for 45% . In 2013, out of 67 listed building materials companies, the performance of 25 companies declined year-on-year, accounting for 37%.

"Affected by the reduction of domestic infrastructure and real estate investment, the building materials market continues to be sluggish and weak, and the orders of related companies are bound to decline." Analysts who did not want to be named told reporters that at the same time, the prospects of the building materials home market are even less optimistic. The industry reshuffle has begun, the good and strong will be better, and the days of poor strength will be more sad.

Qingsong Jianhua's net profit fell by 3290%

There are five companies whose performance decline may exceed 100%. They are Qingsong Jianhua, Yazhi, Jinlei, Tianshan and Smike.

At present, Qingsong Jianhua is the biggest decline in performance. After preliminary calculations by the company's finance department, it is expected that the company's half-year operating results in 2014 will suffer losses, and the net profit attributable to the owners of listed companies will be approximately -150 million yuan.

Regarding the decline in performance, the company said that the competition in the cement market in Xinjiang has intensified, and the average selling price of cement has dropped significantly, resulting in a serious decline in the company's performance.

The second is Yazhi. It is expected that the company will achieve a net profit attributable to shareholders of listed companies in the first half of the year at a loss of 170-140 million yuan. "The domestic temporary construction market continues to be sluggish, and the company's operating income in the second quarter of 2014 was lower than expected. Since the performance of the holding subsidiary Shenzhen Hailin Machinery Equipment Co., Ltd. failed to meet expectations, preliminary tests need to accrue goodwill assets impairment provision 2328 Ten thousand yuan. "The company said that with the gradual increase in the state's requirements for temporary construction products on construction sites, the market's demand for polystyrene rental assets has gradually decreased. At the same time, the occupancy rate of the company's box houses and polystyrene leased assets continued to decrease, and the business volume showed a downward trend. After preliminary testing, it is necessary to accrue lease assets for impairment of about 50 million yuan.

It is worth mentioning that the company's performance forecast in the first quarter report for the first half of the year is that the net profit loss in the first half of the year is 55 million to 46 million yuan, which is not inconsistent with the current data.

Shangfeng Cement's performance rose the most

There are 14 companies with a performance increase of more than 100%, namely Shangfeng Cement, Sichuan Shuangma, Guotong, Aidixi, Ta Pai Group, Sichuan Jinding, and Chaodong.

Shangfeng Cement expects to achieve a net profit attributable to shareholders of listed companies in the first half of the year at a profit of 195 million to 210 million yuan, a year-on-year increase of 435% -476%. "In the reporting period, the company's product sales prices rose year-on-year, production costs fell year-on-year, the product structure improved, and overall product sales margins rose," the company said.

Followed by Sichuan Shuangma, the company expects to achieve net profit attributable to shareholders of listed companies of 22 million yuan to 24 million yuan in the first half of the year, a year-on-year increase of 376.62% -419.95%. "The company further developed and managed market segments to achieve sales revenue growth over the same period last year, and further strengthened cost management to achieve a significant reduction in sales costs and sales management expenses over the same period last year, thereby achieving a substantial increase in net profit over the same period last year. Said the company.

Although some companies performed well in the first half of the year, from the perspective of the National Building Materials Home Economics Index (BHI), the overall industry situation is still not very optimistic. In June, the BHI index was 105.73, down 3.8 points month-on-month and 2.37 points year-on-year. June sales of building materials and furniture stores above the national scale were 102.44 billion yuan, a decrease of 6.15% from the previous month and a decrease of 0.31% from the same period last year.

"In June, the national building materials and home furnishing market as a whole continued the weak trend in May. The industry is also facing a reshuffle, and the trend of better, better and worse will be more obvious. In the Internet era, building materials and home furnishing companies need to transform and upgrade. Sources said.

 

 

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