Isbarbardhigga warbixinnada maaliyadeed ee saddexda shirkadood ee waaweyn ee waraaqaha guryaha: Ma isbeddelka waxqabadka 2023 ayaa soo socda?
Tilmaan: Waqtigan xaadirka ah, qiimaha saxarka alwaaxa ayaa galay wareeg hoos u dhac ah, waxaana la filayaa in la hagaajiyo hoos u dhaca faa'iidada iyo hoos u dhaca waxqabadka ee uu keenay kharashkii hore ee sare.
Zhongshun Jierou wuxuu gaari doonaa dakhli shaqo oo dhan 8.57 bilyan yuan sanadka 2022, taasoo ah hoos u dhac sanadle ah oo dhan 6.34%; faa'iidada saafiga ah ee ay leeyihiin saamileyda shirkadaha liiska ku jira waa qiyaastii 350 milyan oo yuan, taasoo ah hoos u dhac sanadle ah oo ah 39.77%.
Vinda International waxay heli doontaa dakhliga hawlgalka oo ah HK$19.418 bilyan sanadka 2022, taasoo ah koror sanadle ah oo ah 3.97%; faa'iidada saafiga ah ee ay sabab u tahay shirkadda waalidka ee HK$706 milyan, taasoo ah hoos u dhac sanadle ah oo ah 56.91%.
Marka laga hadlayo sababaha hoos u dhaca waxqabadka, Vinda International waxay sheegtay in marka laga soo tago saameynta cudurka faafa ee 2022, kororka joogtada ah ee kharashyada alaabta ceeriin ah uu saameyn xun ku yeelan doono waxqabadka shirkadda.
Hengan International waxay gaari doontaa dakhli dhan 22.616 bilyan oo yuan sanadka 2022, taasoo ah koror sanadle ah oo dhan 8.8%; faa'iidada ay yeelan doonto dadka haysta saamiyada shirkadda waxay noqon doontaa 1.925 bilyan oo yuan, taasoo ah hoos u dhac sanadle ah oo ah 41.2%.
sanduuqa buskudka
Marka laga eego dhinaca saamiga dakhliga, ganacsiga tuwaalka warqadda ah wuxuu had iyo jeer ahaa ganacsiga ugu muhiimsan ee Hengan International. Sannadka 2022, ganacsigan Hengan International runtii si fiican ayuu u shaqayn doonaa. Sannadka 2022, dakhliga iibka ee ganacsiga tuwaalka warqadda ah ee Hengan International wuxuu kordhi doonaa qiyaastii 24.4% ilaa 12.248 bilyan oo yuan, taasoo ka dhigan qiyaastii 54.16% dakhliga guud ee kooxda; waxay ahayd 9.842 bilyan oo yuan isla muddadaas sannadkii hore, taasoo ka dhigan 47.34%.
Marka laga eego warbixinnada sanadlaha ah ee 2022 ee ay shaaciyeen saddexda shirkadood ee waraaqaha daabacan, hoos u dhaca waxqabadka ayaa inta badan sabab u ah kororka baaxadda leh ee kharashyada alaabta ceeriin.
Xogta la socodka SunSirs waxay muujineysaa in tan iyo 2022, qiimaha saxda ah ee saxarka alwaaxa jilicsan iyo saxarka alwaaxa, oo ah walxaha ceeriin ee saxarka alwaaxa, uu kor u kacay. Celceliska qiimaha suuqa ee saxarka alwaaxa jilicsan ee Shandong wuxuu mar kor u kacay 7750 yuan/tan, saxarka alwaaxa adagna wuxuu mar kor u kacay 6700 yuan/tan Ton.
Cadaadiska qiimaha alaabta ceeriin ee aadka u kacaya awgeed, waxqabadka shirkadaha waaweyn ee waraaqaha ayaa sidoo kale hoos u dhacay, warshaduhuna wali waxay wajahayaan caqabado badan.
01. Kor u kaca qiimaha way adag tahay in la dhimo kororka alaabta ceeriin ah
Alaabada ceeriin ee loo isticmaalo habka wax soo saarka warqadda unugyada waxaa ka mid ah saxarka, waxyaabaha lagu daro kiimikada iyo agabka baakadaha. Kuwaas waxaa ka mid ah saxarka oo ah 50%-70% kharashka wax soo saarka, warshadaha wax soo saarka saxarkana waa warshadaha ugu muhiimsan uguna muhiimsan ee warshadaha warqadda guryaha. Maadaama ay tahay agab cayriin oo caalami ah, qiimaha saxarka waxaa si weyn u saameeya wareegga dhaqaalaha adduunka, isbeddelka qiimaha saxarkana wuxuu saameeyaa heerka faa'iidada guud ee alaabta warqadda guryaha.
Tan iyo bishii Nofembar 2020, qiimaha saxarka ayaa sii kordhayay. Dhammaadkii 2021, qiimaha saxarka ayaa ahaa 5,500-6,000 yuan/tan, dhammaadka 2022-na, wuxuu gaaray 7,400-7,800 yuan/tan.
Si loo xalliyo kororka qiimaha ee kharashyada alaabta ceeriin, ilaa Diseembar 2020, shirkadaha waraaqaha guryaha ee dalka oo dhan waxay bilaabeen inay qiimaha midba midka kale kor u qaadaan. Laga bilaabo Diseembar 31, 2020, qeybtii labaad ee 2020, kororka wadarta ah ee warqadda la dhammeeyay wuxuu gaaray 800-1,000 yuan/tan, qiimaha warshaddii horena wuxuu ka kacay meeshii ugu hooseysay ee ahayd 5,500-5,700 yuan/tan ilaa ku dhawaad 7,000 yuan/tan. , Qiimaha warshaddii hore ee Xinxiangyin wuxuu gaaray 12,500 yuan/tan.
Bilowgii Abriil 2021, shirkadaha sida Zhongshun Cleanroom iyo Vinda International waxay sii wadeen inay kordhiyaan qiimaha.
shukulaatada sanduuqyada
Zhongshun Jierou wuxuu ku sheegay warqadda qiimaha kordhinta wakhtigaas in qiimaha alaabta ceeriinku uu sii kordhayo, kharashka wax soo saarka shirkadda iyo kharashka hawlgalkana uu sii kordhayo. Vinda International (Beijing) waxay sidoo kale sheegtay in kororka joogtada ah ee qiimaha alaabta ceeriinku uu si weyn u kordhay, waxayna qorsheyneysaa inay hagaajiso qiimaha qaar ka mid ah alaabada nooca Vinda laga bilaabo Abriil 1.
Kadib, rubuci hore ee 2022, Zhongshun Jierou wuxuu bilaabay inuu mar kale kor u qaado qiimaha, wuxuuna ku tallaabsaday marxalado. Laga bilaabo rubuci saddexaad ee 2022, Zhongshun Jierou wuxuu kor u qaaday qiimaha inta badan alaabtiisa.
Si kastaba ha ahaatee, kororka joogtada ah ee qiimaha shirkadaha warqadda ah ma uusan horseedin koror weyn oo ku yimid waxqabadka shirkadda. Taas beddelkeeda, waxqabadka shirkaddu wuu hoos u dhacay sababtoo ah kharashaadka oo sii kordhaya.
buskudka sanduuqa keega
Laga bilaabo 2020 ilaa 2022, dakhliga Zhongshun Jierou wuxuu noqon doonaa 7.824 bilyan oo yuan ah, 9.15 bilyan oo yuan ah, iyo 8.57 bilyan oo yuan ah, siday u kala horreeyaan, iyadoo faa'iidada saafiga ah ay tahay 906 milyan oo yuan ah, 581 milyan oo yuan ah, iyo 349 milyan oo yuan ah, iyo faa'iidada guud ee 41.32% iyo 3.592 bilyan oo yuan ah siday u kala horreeyaan. %, 31.96%, iyo heerarka dulsaarka saafiga ah waxay ahaayeen 11.58%, 6.35%, iyo 4.07%, siday u kala horreeyaan.
Dakhliga shirkadda Vinda International laga bilaabo 2020 ilaa 2022 wuxuu noqon doonaa 13.897 bilyan oo yuan ah, 15.269 bilyan oo yuan ah, iyo 17.345 bilyan oo yuan ah, iyadoo faa'iidada saafiga ah ay tahay 1.578 bilyan oo yuan ah, 1.34 bilyan oo yuan ah, iyo 631 milyan oo yuan ah. 28.24%, heerka dulsaarka saafiga ahna wuxuu ahaa 11.35%, 8.77%, iyo 3.64%, siday u kala horreeyaan.
Laga bilaabo 2020 ilaa 2022, dakhliga Hengan International wuxuu noqon doonaa 22.374 bilyan yuan, 20.79 bilyan yuan, iyo 22.616 bilyan yuan siday u kala horreeyaan, ganacsiga unugyadana wuxuu noqon doonaa 46.41%, 47.34%, iyo 54.16% siday u kala horreeyaan; faa'iidada saafiga ah waxay noqon doontaa 4.608 bilyan yuan iyo 3.29 bilyan yuan siday u kala horreeyaan, 1.949 bilyan yuan; faa'iidada guud waxay ahayd 42.26%, 37.38%, iyo 34% siday u kala horreeyaan, faa'iidada saafiga ahna waxay ahayd 20.6%, 15.83%, iyo 8.62%.
Saddexdii sano ee la soo dhaafay, inkastoo saddexda shirkadood ee waaweyn ee waraaqaha guryaha laga soo saaro ay sii wadeen inay kordhiyaan qiimaha, haddana weli way adag tahay in la dhimo kharashyada sii kordhaya, waxqabadka shirkadda iyo faa'iidada ay leedahayna way sii yaraanaysaa.
sanduuq macaan oo bille ah
02. Barta isbeddelka waxqabadka ayaa dhawaan imaan karta
Abriil 19, Zhongshun Jierou ayaa soo saartay warbixinteedii ugu horreysay ee rubuc-sannadeedka 2023. Ku dhawaaqida ayaa muujineysa in rubuci hore ee 2023, dakhliga hawlgalka shirkaddu uu ahaa 2.061 bilyan oo yuan, taasoo ah koror sanadle ah oo dhan 9.35%; faa'iidada saafiga ah ee ay leeyihiin saamileyda shirkadaha liiska ku jira waxay ahayd 89.44 milyan oo yuan, taasoo ah hoos u dhac sanadle ah oo ah 32.93%.
Marka laga eego rubuci hore ee 2023, waxqabadka shirkaddu ma uusan beddelin.
Si kastaba ha ahaatee, marka laga eego isbeddelka qiimaha ee saxarka, waxaa jira calaamado rajo leh. Sida laga soo xigtay xogta joogtada ah ee xoogga ugu weyn ee saxarka, xoogga ugu weyn ee saxarka ayaa sii waday inuu ka kaco 4252 yuan/ton bishii Febraayo 3, 2020 ilaa uu gaaray 7652 yuan/ton bishii Maarso 1, 2022. Intaa ka dib, si yar ayuu isu beddelay, laakiin wuxuu ahaa qiyaastii 6700 yuan/ton. Diseembar 12, 2022, xoogga ugu weyn ee saxarka ayaa sii waday inuu kor u kaco ilaa ugu sarreeya 7452 yuan/ton, ka dibna wuxuu sii waday inuu hoos u dhaco. Laga bilaabo Abriil 23, 2023, xoogga ugu weyn ee saxarka ayaa sii waday inuu noqdo 5208 yuan/ton, kaas oo hoos u dhacay 30.11% marka loo eego dhibicdii hore ee ugu sarreysay.
Haddii qiimaha saxarka lagu hayo heerkan sanadka 2023, waxay ku dhawaad la mid noqon doontaa sidii qeybtii hore ee sanadka 2019.
Qeybtii hore ee 2019, heerka faa'iidada guud ee Zhongshun Jierou wuxuu ahaa 36.69%, heerka faa'iidada saafiga ahna wuxuu ahaa 8.66%; heerka faa'iidada guud ee Vinda International wuxuu ahaa 27.38%, heerka faa'iidada saafiga ahna wuxuu ahaa 4.35%; heerka faa'iidada guud ee Hengan International wuxuu ahaa 37.04%, heerka faa'iidada saafiga ahna wuxuu ahaa 17.67%. Marka laga eego aragtidan, haddii qiimaha saxarka lagu hayo qiyaastii 5,208 yuan/tan sanadka 2023, heerka dulsaarka saafiga ah ee saddexda shirkadood ee waaweyn ee waraaqaha guryaha ayaa la filayaa inuu si weyn u kordho, waxqabadkooduna wuxuu sidoo kale keeni doonaa dib u dhac.
CITIC Securities waxay saadaalineysaa in hoos u dhaca qiimaha saxarka laga bilaabo 2019 ilaa 2020, qiimaha dibadda ee saxarka alwaaxa jilicsan/saxaarka alwaaxa adag wuxuu noqon doonaa mid hooseeya ilaa US$570/450/ton. Laga bilaabo 2019 ilaa 2020 iyo qeybtii hore ee 2021, Vinda International'Faa'iidada saafiga ah waxay noqon doontaa 7.1%, 11.4%, 10.6%, heerka dulsaarka saafiga ah ee Zhongshun Jierou waa 9.1%, 11.6%, 9.6% siday u kala horreeyaan, heerka faa'iidada hawlgalka ee ganacsiga unugyada Hengan International waa 7.3%, 10.0%, 8.9%.
Rubuca afraad ee 2022, faa'iidada saafiga ah ee Vinda International iyo Zhongshun Jierou waxay noqon doontaa 0.4% iyo 3.1% siday u kala horreeyaan. Qaybta hore ee 2022, faa'iidada hawlgalka ee ganacsiga shukumaan warqad ah ee Hengan International waxay noqon doontaa -2.6%. Ganacsiyada waxay diiradda saari doonaan soo celinta faa'iidada, dadaallada kor u qaadista iibka waxaa la filayaa in lagu xakameeyo heer gaar ah, qiimaha dhamaadkana waa mid deggan..sanduuq macaan oo bille ah
Iyadoo la tixgelinayo muuqaalka tartanka (awoodda wax soo saarka cusub ee warqadda unugyada sanadka 2020/2021 waa 1.89/2.33 milyan oo tan) iyo istaraatiijiyadda qiimaha ugu horreysa, CITIC Securities waxay saadaalineysaa in heerka faa'iidada saafiga ah ee warqadda unugyada ee hormuudka ka ah wareeggan hoos u dhaca qiimaha saxarka la filayo inuu soo kabto ilaa 8%-10%%.
Waqtigan xaadirka ah, qiimaha saxarka ayaa galay wareeg hoos u dhac ah. Iyada oo la eegayo xaaladdan, shirkadaha waraaqaha guryaha laga sameeyo ayaa la filayaa inay keenaan isbeddel ku yimaada waxqabadka.
Waqtiga boostada: Maajo-15-2023
