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    Home > Coatings News > Paints and Coatings Market > 36 Tu companies are here to report their financial results! Nearly 60% suffered losses, only 7 companies: Wanhua Chemical, KCC, Dongfang Yuhong, etc., with revenue exceeding RMB 10 billion

    36 Tu companies are here to report their financial results! Nearly 60% suffered losses, only 7 companies: Wanhua Chemical, KCC, Dongfang Yuhong, etc., with revenue exceeding RMB 10 billion

    • Last Update: 2021-03-29
    • Source: Internet
    • Author: User
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    75em; word-wrap: break-word ; text-align: center;">Five companies doubled their net profit

    75em; word-wrap: break-word ; text-align: center;">Five companies doubled their net profit

    75em; word-wrap: break-word ; text-align: center;">Five companies doubled their net profit

    The net profit of 5 companies doubled and the net profit of 5 companies doubled

    75em; word-wrap: break-word ;">7px; font-size: 18px; word-wrap: break-word ;">From the perspective of profit growth, 15 companies have achieved nearly positive profit growth, and nearly 60% of companies have suffered losses in terms of net profit.


    The main reasons for the losses were the complex global economic situation, slowing economic growth, changes in the trading environment, rising prices of chemical raw materials, labor costs, and continuous increases in environmental protection input costs.


    75em; word-wrap: break-word ;">In the profit growth of companies, five companies net profit increase of more than 100%, respectively, 7px; color: rgb(185, 47, 47); word-wrap: break-word ;">Hengda High-tech 7px; word-wrap: break-word ;">net profit growth of 742.


    75em; word-wrap: break-word ;">7px; font-size: 18px; word-wrap: break-word ;">From the perspective of profit growth, 15 companies have achieved nearly positive profit growth, and nearly 60% of companies have suffered losses in terms of net profit.


    75em; word-wrap: break-word ;">In the profit growth of companies, five companies net profit increase of more than 100%, respectively, 7px; color: rgb(185, 47, 47); word-wrap: break-word ;">Hengda High-tech 7px; word-wrap: break-word ;">net profit growth of 742.


    75em; word-wrap: break-word ;">7px; font-size: 18px; word-wrap: break-word ;">From the perspective of profit growth, 15 companies have achieved nearly positive profit growth, and nearly 60% of companies have suffered losses in terms of net profit.


    7px; font-size: 18px; word-wrap: break-word ;">From the perspective of profit growth, 15 companies have achieved nearly positive profit growth, and nearly 60% of companies have suffered losses in terms of net profit.


    In the profit growth of companies, five companies net profit increase of more than 100%, respectively, 7px; color: rgb(185, 47, 47); word-wrap: break-word ;">Hengda High-tech 7px; word-wrap: break-word ;">net profit growth of 742.


    75em; word-wrap: break-word ; text-align: center;">Seven companies have revenues of more than 10 billion, and the industry concentration is obvious

    75em; word-wrap: break-word ; text-align: center;">Seven companies have revenues of more than 10 billion, and the industry concentration is obvious

    75em; word-wrap: break-word ; text-align: center;">Seven companies have revenues of more than 10 billion, and the industry concentration is obvious

    Seven companies have revenues of over 10 billion, and the industry concentration is obvious.


    75em; word-wrap: break-word ;">7px; font-size: 18px; word-wrap: break-word ;">At the same time, the Ai Tubang reporter found that the industry concentration is becoming more obvious and the polarization is getting more serious.


    75em; word-wrap: break-word ;">7px; font-size: 18px; word-wrap: break-word ;">From the perspective of revenue, 28 (nearly 80%) companies have achieved revenue growth.


    75em; word-wrap: break-word ;">7px; font-size: 18px; word-wrap: break-word ;">At the same time, the Ai Tubang reporter found that the industry concentration is becoming more obvious and the polarization is getting more serious.


    75em; word-wrap: break-word ;">7px; font-size: 18px; word-wrap: break-word ;">From the perspective of revenue, 28 (nearly 80%) companies have achieved revenue growth.


    7px; font-size: 18px; word-wrap: break-word ;">From the perspective of revenue, 28 (nearly 80%) companies have achieved revenue growth.


    7px; font-size: 18px; word-wrap: break-word ;">At the same time, the Ai Tubang reporter found that the industry concentration is becoming more obvious and the polarization is getting more serious.


    75em; word-wrap: break-word ; text-align: center;">The market situation in 2019 is "mixed good and bad"

    75em; word-wrap: break-word ; text-align: center;">The market situation in 2019 is "mixed good and bad"

    75em; word-wrap: break-word ; text-align: center;">The market situation in 2019 is "mixed good and bad"

    The market situation in 2019 is "mixed good and bad" The market situation in 2019 is "mixed good and bad"

    75em; word-wrap: break-word ;">From the perspective of the market background of the coatings industry in 2018, domestic environmental protection inspections are coming strongly, and the prices of upstream raw materials continue to rise.
    Coating companies have carried out technological research and development, equipment upgrades and other ways to achieve their own transformation.
    In 2018, nearly 60% of the companies suffered losses.
    Situation, the development status in 2019 has become the focus of continuous attention in the industry.
    A reporter from Ai Tubang sorted out the financial reports of some companies in the first quarter of 2019.
    The specific content is as follows:

    75em; word-wrap: break-word ; text-align: center;">

    75em; word-wrap: break-word ;">  From the perspective of the market background of the coatings industry in 2018, domestic environmental protection inspections are coming strongly, and the prices of upstream raw materials continue to rise.
    Coating companies have carried out technological research and development, equipment upgrades and other ways to achieve their own transformation.
    In 2018, nearly 60% of the companies suffered losses.
    Situation, the development status in 2019 has become the focus of continuous attention in the industry.
    A reporter from Ai Tubang sorted out the financial reports of some companies in the first quarter of 2019.
    The specific content is as follows:

    75em; word-wrap: break-word ; text-align: center;">

    75em; word-wrap: break-word ;">  From the perspective of the market background of the coatings industry in 2018, domestic environmental protection inspections are coming strongly, and the prices of upstream raw materials continue to rise.
    Coating companies have carried out technological research and development, equipment upgrades and other ways to achieve their own transformation.
    In 2018, nearly 60% of the companies suffered losses.
    Situation, the development status in 2019 has become the focus of continuous attention in the industry.
    A reporter from Ai Tubang sorted out the financial reports of some companies in the first quarter of 2019.
    The specific content is as follows:

      From the perspective of the market background of the coatings industry in 2018, domestic environmental protection inspections are coming strongly, and the prices of upstream raw materials continue to rise.
    Coating companies have carried out technological research and development, equipment upgrades and other ways to achieve their own transformation.
    In 2018, nearly 60% of the companies suffered losses.
    Situation, the development status in 2019 has become the focus of continuous attention in the industry.
    A reporter from Ai Tubang sorted out the financial reports of some companies in the first quarter of 2019.
    The specific content is as follows: Nearly 60% of companies have suffered losses, and the development status in 2019 has become the focus of continuous attention in the industry.

    75em; word-wrap: break-word ; text-align: center;">

      At present, judging from the first quarter financial report data of the above companies, the overall situation is "mixed.
    " Judging from the first-quarter financial report data of the eight companies currently compiled, the operating income and net profit performance of 4 companies Transchem Zhilian, China Nuclear Titanium White, Keshun shares, and Letong shares are eye-catching, and their net profits have risen sharply.
    7px; word-wrap: break-word ;">At the same time, Shanghai Xinyang, Jinlitai, and Feilu Co.
    , Ltd.
    have suffered a decline in their corporate profits due to increased R&D expenses, increased prices of paint raw materials, and decreased sales prices compared to the same period last year.
      At present, judging from the first quarter financial report data of the above companies, the overall situation is "mixed.
    " 7px; word-wrap: break-word ;">At the same time, Shanghai Xinyang, Jinlitai, and Feilu Co.
    , Ltd.
    have suffered a decline in their corporate profits due to increased R&D expenses, increased prices of paint raw materials, and decreased sales prices compared to the same period last year.
    7px; font-family: , SimSun; font-size: 18px; word-wrap: break-word ;">  Taken together, the increase in R&D expenses, the increase in paint raw material prices and the decrease in sales prices show 7px; font-family: , SimSun; font-size: 18px; word-wrap: break-word ;">that the tense market environment and the increase in various costs are the main reasons for the company's losses.
    In 2019, while the state is conducting strong environmental protection inspections, it has also introduced relevant policies to support and help enterprises, such as the implementation of tax and fee reductions, which will greatly reduce the economic pressure on enterprises.
    In the future, we should continue to have confidence in the coatings market and believe that the company will achieve more stable and faster development on the road of transformation and upgrading!7px; font-family: , SimSun; font-size: 18px; word-wrap: break-word ;">
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