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2022-08-16
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Operation analysis of Ningbo coating industry in the first quarter of 2008

operation analysis of Ningbo coating industry in the first quarter of 2008

June 19, 2008

[China coating information] i. notes:

this statistics is still based on coatings, including some additives and wall materials. Coating, resin, pigment, packaging, related powder, etc. are not included, although the output value is at least twice that of the materials that the company hopes to cooperate with the plastic ban order of Jilin Province. This is because it is possible to carry out comprehensive development after the settlement of statistics and management system

II. Operation of the top 20 enterprises:

the total industrial output value was 321.633 million yuan, with a year-on-year increase of 6.35%. The value of new products was 85.24 million yuan, with a year-on-year increase of 17.7%. Nanhai chemical company came out first: the value of new products reached 70.85 million; The industrial sales value was 312.681 million, with a year-on-year increase of 6.99%. The export delivery value was 11.06 million, a year-on-year increase of 132.4%, mainly due to Nanhai chemical company accounting for 9.2 million yuan (a year-on-year increase of nearly 300%). The total assets are 1043.688 million yuan, with a year-on-year increase of 13.4%. Compared with most other indicators, this indicator reflects more input and less output, indicating that the pressure caused by the sharp increase in the costs of raw materials and other materials is obvious. The total liabilities amounted to 616.539 million, with a year-on-year increase of 21.7%, which is not a good omen, indicating that the receivables lag seriously. The product sales revenue was 295.048 million, with a year-on-year increase of 7.9%. The total profit and tax was 24.907 million yuan, with a year-on-year increase of 5.9%. The total profit was 21.935 million, a year-on-year decrease of 2.3%. 1554 employees, a year-on-year decrease of 9%. See schematic diagram (1)

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III. statistics of 96 companies:

Description: 96 companies, accounting for about 70% of coating production enterprises, and the output value accounts for about 85%, which can reflect the trend of the industry. In the first quarter, the total industrial output value was 400.4627 million yuan, with a year-on-year increase of 0.86%; The output value of new products was 19.525 million yuan, a year-on-year decrease of 19.5%; The industrial sales value was 389.5548 million yuan, with a year-on-year increase of 1.6%; The export delivery value was 11.06 million yuan, with a year-on-year increase of 24.02%; The total assets were 1472.3657 million yuan, an increase of 11.06% year-on-year; Liabilities totaled 815.7998 million yuan, with a year-on-year increase of 21.2%; The product sales revenue was 37.14545 million, with a year-on-year increase of 2.3%, the total profit and tax was 33.5303 million yuan, with a year-on-year increase of 0.9%, the total profit was 37.14545 million, with a year-on-year decrease of 7.5%, and 2712 employees, with a year-on-year decrease of 7.7%. See the schematic diagram (2)

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from the comparison of the above figures over the same period, we can reveal the following situations: 1. The first quarter was hit by a serious snow disaster, and it was also the Spring Festival. The coating construction project had a serious impact, resulting in a reduction in the growth of output and output value, which is practical. 2. The decline in the value of new products is difficult to reflect the overall picture. This is because: ① the mechanism for declaring new products is complex and does not meet the needs of private enterprises. ② The adjustment of formula and model, as well as the change of substances used, are not calculated by new products. ③ The lack of technical support for small enterprises is also an important reason. ④ Some purchased formulas, patents and jointly developed products are not included in the new products. ⑤ The interactive mechanism of Finance and taxation - Enterprises - Science and Technology Bureau - associations has not been established, and a series of factors such as the declaration, identification, tax reduction and exemption declaration and statistics of new products restrict the definition and statistics of new products. 3. The growth rate of export products does not reflect all: some enterprises have export delivery value, and the proportion is large, but it is not reported; Some enterprises have not reported export delivery value. Only by straightening out the export procedures of the industry will there be correct data. 4. Due to the sharp rise in raw materials, various costs, especially the cost of dealing with government law enforcement and administrative management, have increased significantly, resulting in more input and less output, stagnant capital turnover, increased corporate liabilities, and reduced profits and the number of workers

IV. classification:

during the operation of the first quarter, all indicators of powder coating enterprises were lower than the same period last year: the total output value fell by 11.9%; The value of new products decreased by 36.9%; Industrial sales value fell by 9.5%; The export delivery value decreased by 68.2%; Total assets decreased by 1.3%; Total liabilities decreased by 5.6%; Total profits and taxes decreased by 5.6%; The total profit decreased by 22.1%, and the number of workers decreased by 16.12%. The reasons are as follows: 1. As the largest multinational company, Ningbo Aksu powder coating decreased by 20%. 2. The output value and output of the backbone enterprises in private enterprises have generally declined. The reasons for this are in addition to the snow disaster and the Spring Festival. The high cost of raw materials and the low price of customers have led some enterprises to choose households to produce and reduce output. At the same time, the frequent expenditure and insufficient liquidity make some enterprises unable to cope and forced to reduce production to reduce the risk of expansion

the enterprises in the auxiliary category, represented by Nanhai chemical company, are outstanding. The main production indicators have increased by double digits, but the profits have declined. Their year-on-year growth rate is: the total industrial output value increased by 12.4%; New products increased by 12.4%; Industrial sales value increased by 12.4%; Export delivery value increased by 199.6%; Some sports events have stipulated the use of plastic bottles to hold beer, with a total increase of 12.3%; Total liabilities increased by 14.2% (basically in a benign situation with production growth); The sales revenue increased by 22.5%; Total profits and taxes increased by 38.6%; The total profit decreased by 1.87%, and the number of workers increased by 13%. The situation is quite good

the situation of solvent based coating enterprise film is better than that of powder coating film, but worse than that of additives. Their year-on-year situation is respectively: 4.79% of the total industrial output value; The output value of new products increased by 61.8%, and the situation was relatively good; Total industrial sales increased by 4.09%. Export delivery value 0; The total assets increased by 29.6%, mainly due to the technological transformation investment of backbone enterprises; Total liabilities increased by 29.6% (reflecting that some enterprises' receivables were not recovered quickly and loans increased); Product sales revenue increased by 2.6%; Total profits and taxes decreased by 3.7%; The total profit increased by 28.5%, and the number of workers decreased by 9.4%. Solvent based coating film is a place with high technical content and relatively high concentration of talents in Ningbo coating industry. The operation in the first quarter can be said to be relatively stable

the first quarter operation of architectural coating enterprise film is better than that of powder coating enterprise film. Their year-on-year situation is: the total industrial output value increased by 6.3%; The output value of new products increased by 31.7%; Total industrial sales increased by 6.06%; Export delivery value 0; Total assets increased by 14.2%; The total liabilities increased by 24.2%, which also indicates that the impeded withdrawal of receivables is further aggravated; Sales revenue increased by 1.06%; Total profits and taxes increased by 6.5%; Profit increased by 5.6%; The number of workers employed is the same as last year

v. prediction and Countermeasures in the second quarter

1. The unpredictable factors of domestic economy increased in the second quarter, and the growth rate may slow down, but the coating production will be better than that in the first quarter. The main reasons are: ① the commencement time is higher than that in the first quarter; ② Construction conditions are better than that in the first quarter; ③ Pulling the continuity of engineering projects; ④ The advantages of backbone enterprises are increasing and will be better in the reshuffle

2. The difficulties and pressures in the second quarter are unprecedented: first, the paint is facing severe pressure from safety, environmental protection, quality, labor and other aspects, with a substantial increase in enterprise expenditure and a further reduction in profits. Some enterprises are under pressure to shut down, suspend and transfer. Enterprises are required to turn rectification and pressure into opportunities: compare them one by one, take countermeasures one by one, solve them one by one, improve overall, get out of difficulties, start businesses again, and innovate again. Second, raw materials continue to rise while most customers continue to keep prices down. The harsh competitive environment makes the operation of enterprise production and operation more complex and difficult. Further sorting out and seeking countermeasures are the top priority that enterprises must do well. Third, the appreciation of the RMB has doubled the pressure on export units, which requires expanding customers and making efforts to adjust customers and products

3. Seize the opportunity of coating development and grasp the rectification of various technical process paths such as precipitation method, calcination method, extraction method, adsorption method, nanofiltration membrane method and ion exchange membrane method, carry out mergers, acquisitions, alliances and cooperation inside and outside the industry, promote resource integration and sharing, promote Ningbo coatings to become bigger and stronger, and further carry out interaction and cooperation in the upstream and downstream industrial chain, It is possible to increase the scale of the industry to more than 20billion/year in 2012

VI. supplementary note: in the statistics of private enterprises, only the reports of backbone leading enterprises reflect the reality, while a considerable number of enterprises have the tendency of underreporting, which is 20-50% according to the conventional calculation. Plus the enterprises that have not been included in the statistics, the total industrial output value should be about 500million yuan in the first quarter. Together with coating, resin, packaging, pigment and other related enterprises, it is more than 2billion. If the total marketing is added, it will be between 4 billion and 5 billion. It shows that the total amount of coatings and coatings and related products and market volume in Ningbo can not be ignored

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