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    Home > Chemicals Industry > China Chemical > KraussMaffei's chemical equipment downstream product market will remain stable and positive in 2020

    KraussMaffei's chemical equipment downstream product market will remain stable and positive in 2020

    • Last Update: 2021-09-21
    • Source: Internet
    • Author: User
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    [ Star Enterprise of Chemical Machinery and Equipment Network ] Recently, KraussMaffei Co.
    , Ltd.
    ("KlausMaffei") released its 2020 annual report.
    In 2020, it achieved operating income of 9.
    816 billion yuan, a year-on-year decrease of 7.
    18%; attributable to The net profit of shareholders of listed companies-230 million yuan, a year-on-year decrease of 45.
    18%.

     
    Chemical machinery and equipment network star enterprise chemical machinery and equipment
    KraussMaffei’s main business is the R&D, production and sales of plastic and rubber processing machinery and chemical equipment, as well as providing systematic services and solutions for rubber and plastic equipment and other chemical equipment.
    The main products include injection molding equipment, extrusion equipment, reaction molding equipment, drying equipment and other products.
    At the same time, it provides customers with services related to machinery and equipment, as well as digital solutions, supervision and technology services.

     
    Drying equipment
    According to the report, KraussMaffei achieved operating income of RMB 9,816,392,600 in 2020, a year-on-year decrease of 7.
    18%; net profit attributable to shareholders of listed companies was RMB 229,989,900, a year-on-year decrease of 45.
    18%; the company's 2020 weighted average return on net assets was -4.
    25%, a decrease of 1.
    42 percentage points; the company's basic earnings per share in 2020 was -0.
    28 yuan, a year-on-year decrease of 0.
    1 yuan.

     

      The company’s total assets at the end of 2020 were RMB 16,017,184,800, a decrease of 2.
    13% from the beginning of the year, and the company’s total liabilities at the end of 2020 were RMB 10,69,907,600, a decrease of 1.
    48% from the beginning of the year; the net assets attributable to shareholders of listed companies were RMB 531,087, which was a decrease of 3.
    42% from the beginning of the year; the company was at the end of 2020 The debt-to-asset ratio was 66.
    83%, an increase of 0.
    44 percentage points from the beginning of the year.

     

      In 2020, affected by the outbreak of the epidemic in the * scope, * the economy and the automotive industry continue to be in a downturn, the company and upstream and downstream companies will have a delay in resuming work and production, and the company's daily operating activities will be affected to a certain extent.

     

      Moreover, in the subdivision of injection molding and extrusion equipment where the company’s main business is located, its end products are used in many fields such as automobiles, packaging, chemistry, infrastructure, medical, 3C, and home appliances.
    These fields are affected by the macroeconomics to a certain extent.
    And the impact of related policies.

     

      The 2020 epidemic has brought new challenges to these areas, as well as new opportunities.
    With the large-scale application of ceramics and metals in the 3C field, powder injection molding has begun to become a new direction in manufacturing processing and molding technology.
    As the key equipment of the powder injection molding process, the injection molding machine has an important influence on the quality control, stability and yield of the products during the processing.

     
    Injection molding machine
      In addition, home appliances are becoming increasingly lightweight, compact, miniaturized and individualized.
    The wide application of polymer materials and light alloy materials in medical equipment and equipment has become the driving force for the growth of the industry, driving injection molding equipment, especially * injection molding equipment.
    demand.

     

      According to KraussMaffei, the current major downstream markets for chemical equipment products, including petrochemicals, chemical fiber, metallurgy, new materials, plastic modification, etc.
    , will continue to show a steady and positive development trend.
    A number of major projects will be launched one after another.
    And other downstream industries bring significant market demand.
    For the vulcanizing press, its position is at the upper-middle level in the industry.
    In the future, customers will gradually focus on products: energy saving, environmental protection, efficiency and intelligence.
    The hydraulic vulcanizing press is closer to the needs of this area, and it is the future.
    Customers' main choice models.

     

      Original title: KraussMaffei will lose money in 2020, and the downstream chemical equipment market will continue to show a steady and positive development trend
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