Overview of the ceramic industry and focus on home furnishing hot spots.
Hello everyone! Today is October 17, 2022. Let’s take a look at the hot topics that Zhongtaojun focuses on in this issue of "Zhongtao Daily·Weekly Comments".
The Top 500 Guangdong Enterprises in 2022 are released
New Pearl, Dongpeng, Mona Lisa and other ceramic companies are on the list
On October 12, the Guangdong Enterprise Federation and the Guangdong Entrepreneurs Association released the "2022 Guangdong Top 500 Enterprise Development Report" and also released the "2022 Guangdong Top 500 Enterprise Development Report" "The list of "Top 100 Private Enterprises in Guangdong in 2022", "Top 100 Guangdong Manufacturing Enterprises in 2022" and "Top 100 Guangdong Service Enterprises in 2022". Among them, Keda Manufacturing Co., Ltd., New Pearl Group Co., Ltd., Wrigley Home Furnishing Group Co., Ltd., Guangdong Dongpeng Holdings Co., Ltd., Mona Lisa Group Co., Ltd., and Guangdong Dow Technology Co., Ltd. are on the list of 2022 Guangdong Top 500 companies.
Source: Comprehensive compilation by China Ceramics Network
The companies that rank high in the "Top 500 Guangdong Enterprises 2022" list, especially the top 20, are all well-known large companies in the country and even the world. Needless to say. This article focuses on content related to the ceramic industry.
It is understood that the "Top 500 Guangdong Enterprises in 2022" is still based on the company's operating income, and the entry threshold is 2.38 billion yuan, an increase of 353 million yuan from 2021. From the perspective of industry distribution, the manufacturing industry accounts for half of the country, which highlights the background of Guangdong's manufacturing province: 265 manufacturing companies were shortlisted, an increase of 23 from the previous year; the revenue of the shortlisted manufacturing companies was as high as 7.13 trillion yuan, accounting for 4% of total revenue1.92%, quantity, accounting for 53%; the profitability of manufacturing companies has increased, with total net profit reaching 466.36 billion yuan, and net profit accounting for 34.72%.
As manufacturing companies, six ceramic and related companies, including Keda Manufacturing, New Pearl Group, Wrigley Home Furnishing, Dongpeng Holdings, and Mona Lisa, have been shortlisted for the "Top 500 Guangdong Enterprises in 2022" list. However, Marco Polo Holdings, whose revenue is larger than the above six ceramic companies, is not on the list.
In recent years, Marco Polo Holdings has been considered the ceramic company with the largest revenue in China's ceramic industry. As early as 2020, Weimei Group ranked among the "Top 500 Chinese Manufacturing Private Enterprises in 2020" with a revenue of 10.891 billion yuan; after launching its listing, Marco Polo Holdings' 2021 main business revenue announced in the prospectus was also as high as 9.336 billion yuan.
Therefore, the most likely reason why Marco Polo Holdings was not included in the "Top 500 Guangdong Enterprises 2022" list is that it failed to declare. In fact, this is not the first time that Marco Polo Holdings (Weimei Group) has not been seen on the "Top 500 Guangdong Enterprises" list.
The issuance price of Wrigley Home Furnishings is 12.68 yuan/share< /p>
Subscription will open on October 14th
On October 14, Wrigley Home Furnishing opened subscriptions, with an issue price of 12.68 yuan per share, a subscription limit of 28,500 shares, and a price-to-earnings ratio of 22.99 times. It belongs to the main board of the Shenzhen Stock Exchange, CITIC Securities ( 600030)(600030) is its exclusive sponsor. The announcement of the initial public offering of Wrigley Home Furnishing shares shows that the number of shares in this public offering is approximately 96.6095 million shares, the issuance price is 12.68 yuan/share, and it is expected to raise 1.225 billion yuan, after deducting the issuance cost of 69.1358 million yuan (excluding value-added tax) , expected to raise fundsThe net amount is 1.156 billion yuan, which will be used for the "Smart Home Product Production Capacity Technical Transformation Project", "Annual Production of 10 Million Faucets and 3 Million Sets of Showers Project", "Smart Home R&D and Testing Center Technical Transformation Project" and "Digital Intelligence Upgrade Technology Transformation project”, “Marketing service network upgrade and brand building project based on new retail model” and “Supplementary working capital”. Its revenue in 2019, 2020 and 2021 is approximately 6.658 billion yuan, 6.502 billion yuan, and 8.373 billion yuan respectively, and the net profit attributable to shareholders of the parent company is approximately 556 million yuan, 589 million yuan, and 577 million yuan respectively.
Source: Hexun.com
Wrigley Home Furnishing has officially opened subscription, which means that another leading company in the ceramics industry is about to set sail for A-shares. Congratulations to Wrigley Home!
The first "zero-carbon ceramic tile" is about to be born in Oceano
The latest news is that the zero-carbon combustion technology transformation of the roller kiln at the Central Research Institute of Oceano Sanshui Base is in full swing. After the transformation, the kiln will be upgraded from the original natural gas combustion to a low-carbon or even zero-carbon kiln with "pure ammonia combustion, ammonia-natural gas mixed combustion and ammonia-hydrogen mixed combustion zero-carbon combustion", which is also a ceramic The industry's first truly "zero-carbon" combustion kiln.
Source: Oceano Ceramics
The first "zero-carbon ceramic tile" is of great significance to the ceramic industry. It can be said that it marks another big step forward for the ceramic industry towards the "dual carbon" goal, and is about to usher in the era of "zero-carbon combustion".
Teng County Zhonghe Ceramics Industrial Park
The total output value of industrial enterprises above designated size in 2021 will increase by 38.7% year-on-year
At present, Teng County Ceramics Industrial Park has a built-up area of more than 18,000 acres. A total of 46 companies have signed contracts to settle in the park, and 26 companies have been put into production (15 ceramic companies and supporting companies 11), a total of 49 sets of architectural ceramic production lines have been built, with an annual output of over 350 million square meters, and 15 ceramic supporting production lines. After ten years of exploration and development, Teng County has polished its business card as the “New Pottery Capital of South China”. In 2021, the total industrial output value of Zhonghe Ceramics Park in Teng County increased by 38.7% year-on-year; fixed asset investment increased by 131% year-on-year; and the comprehensive tax revenue pool increased by 42% year-on-year. The park brings together leading enterprises in the industry such as Mona Lisa, Oceano, Jianyi, and Hongyu, as well as supporting enterprises such as Xinhuixing Mining, Otao Technology, and Yuansheng New Materials, forming a comprehensive range from deep processing of raw materials to ceramic production to production. Complete industrial chain closed loop of waste recycling.
Source: Tengxian Media
The reason why Guangxi has become the "fourth largest production area in the country" after Guangdong, Jiangxi and Fujian is indispensable to Teng County and Zhonghe Ceramics Industrial Park.
Spanish ceramic factory closures are coming
Thousands of workers lose their jobs in one week
According to reports, the Spanish ceramic industry is currently unable to bear increasingly high energy costs and is closing ceramic factories one after another. In just one week at the end of September, Spain’s main ceramic producing areasNine ceramic companies in Castellon have applied for ERTE, forcing a total of 1,152 workers into temporary unemployment, of which nearly 800 workers are from the ceramic tile company Bestile, more than 110 workers from the ceramic company Todagres, and the rest from some Small ceramics company. In early October, Pamesa Group, Europe's largest ceramic tile manufacturer, confirmed the closure of its second factory, and 78 workers at its subsidiary Azulejera Alcorense were about to lose their jobs.
Source: 77 Degrees
Thousands of workers lost their jobs within a week! I believe that the negative impact brought about by the collapse of Spanish ceramic factories will make many domestic ceramic people worried.
Italian natural gas prices rose by about 776%
The Italian National Statistics Institute released its monthly economic trend report on October 11. The report believes that the sharp rise in energy prices has posed a major risk to the operations of Italian companies. Data show that compared with 2019, the current price of natural gas in Italy has increased by approximately 776%, the price of production and transmission and distribution has increased by 131.5%, the price of gasoline has increased by 20%, and the price of diesel for heating has increased by 36%. This situation may cause 8.2% of the country's companies, or about 355,000 companies, to fall into operating losses, involving a total of 3.4 million employees.
Source: CCTV Finance
It was previously reported that the Illy Ceramics Factory went to work three hours earlier in order to save costs and strive to ensure normal operations. Some domestic ceramic workers don't quite understand that going to work early is to save costs. Some reports have explained this: On the one hand, if you start construction early, you can take advantage of the early morning electricity price discount period to save the electricity bill of the electric furnace; on the other hand, in the southern regions of Italy, there is no need for heating, and the heat emitted by the kiln can still be used. Fans must be turned on to disperse the heat, otherwise employees will suffer from heat damage. The temperature is lower in the morning, which can save the electricity bill of the fans.
Faced with rising natural gas prices, can Italian ceramic companies persist?
Will the real estate industry stabilize?
On the afternoon of October 8, multiple research institutions released property market transaction data during the National Day holiday. According to Zhongzhi monitoring data, from October 1st to October 7th, the transaction area of newly built commercial residential buildings in the cities it monitors fell by 37.7% compared with last year’s National Day holiday; monitoring data from the Zhuge Housing Data Research Center shows that the transaction area of new commercial housing in key cities (Beijing, Beijing, etc.) Shenzhen, Shanghai, Wuhan, Suzhou, Dalian, Qingdao, Dongguan, Wenzhou, Ningbo, Jinan, Hangzhou, Nanjing, Chengdu, Foshan) new home transactions reached 4,474 units, a year-on-year decrease of 47.1%. However, the China Index Research Institute believes that considering the lag in online signing data, combined with corporate feedback and subscription status, the property market in some cities will recover to a certain extent during the Golden Week. Chen Xiao, a senior analyst at the Zhuge Housing Data Research Center, said that according to feedback from some companies, the number of visits during the National Day this year increased compared with normal days, especially in big cities where sales have recovered slightly, but there are obvious differences in different cities and different projects. In addition, There is a lag in online visa data, and it is expected that subsequent data performance may improve.
Source: China Business News
On October 9, according to the official website of the Sichuan Provincial People's Government, the Sichuan Provincial Party Committee and the Provincial Government issued the "Implementation Plan on Optimizing Fertility Policies to Promote Long-term and Balanced Development of the Population", which included To relax the qualifications for home purchase for families with two or three children. According to incomplete statistics from The Paper, since May this year, there have been at least 100 cases in Hangzhou, Zhejiang, Hengyang, Hunan, Nanjing, Zhejiang, Zhoushan, Zhejiang, Shenyang, Liaoning, Dongguan, Guangdong, Wuxi, Jiangsu, Jingdezhen, Jiangxi, Suzhou, Jiangsu, Leshan, Sichuan, Ya'an, Sichuan, Jiangxi Nearly 40 cities, including Shangrao, Suining in Sichuan, Fuzhou in Fujian, and Zibo in Shandong, have specifically mentioned the housing needs of families with multiple children in their property market policies.
Source: The Paper
On October 9, the "Urban Depositors Questionnaire Survey Report for the Third Quarter of 2022" released by the People's Bank of China showed that 17.1% of residents plan to buy a house in the next three months. This proportion was higher than the 16.9% in the second quarter. sameAt that time, the proportion of residents who believed that housing prices would continue to rise continued to decrease. The questionnaire survey showed that 14.8% of residents expected housing prices to "increase" in the next quarter, significantly lower than the 16.2% in the second quarter; 56.6% of residents expected "basically unchanged", higher than the 54.6% in the second quarter; 16.3% of residents expected The expectation is "falling", and 12.4% of residents are "unsure".
Source: Zhongfang.com
A report recently released by CRIC Research Center showed that the transaction area of the 30 cities it monitored in September fell by 4% month-on-month and 29% year-on-year. In terms of the land market, as of September 27, the total transaction area of commercial land in 300 cities across the country in September was 94.8 million square meters. It is expected that the total transaction area for the whole month will exceed 100 million square meters, a year-on-year decrease of about 40%.
Source: Zhongfang.com
The above information about real estate is a mixed bag.
Famous economist Ren Zeping and his team have three major judgments about the future world economy: first, a comprehensive economic and financial crisis may break out in Europe, and some emerging market countries may not escape the disaster; second, the global economy It is embarking on a new round of deep recession, and the U.S. economy will not be spared. Thirdly, if scientific responses are made, the Chinese economy is expected to lead the world again, and the best investment opportunities in the future will be in China.
On this basis, he believes that to be prepared to deal with the European economic and financial crisis, we must fundamentally do our own things well, the most critical of which is to stabilize the property market. The property market has reached a critical point, and Sanhao students among real estate companies are also experiencing severe cash flow constraints and the risk of defaulting on public market debt. If the market and enterprises diverge, it means that the policy is appropriate; if even the best real estate companies are facing life and death, it means that some tight policies can be adjusted appropriately. As the largest pillar industry of the national economy and the main source of local finance, a stable real estate industry will ensure a stable economy, and a stable property market will help stabilize growth and employment.
In the future, in accordance with the requirements of the Politburo meeting on July 28, on the premise of adhering to "housing for living, not speculation", city-specific policies should be intensified to support rigid needs and improvement needs, and purchase and loan restrictions in areas where the population is inflow should be relaxed. Real estate company Sanhaosheng increases credit supportThrough the last mile, the down payment ratio and interest rate for rigid improvement needs are reduced, the deed tax and personal income tax on second-hand housing transactions are reduced, and at the same time, supply and demand balance and price stability are achieved through the link between people and land.
Now that the real estate industry has stabilized, will the ceramic industry’s life improve?
