Nitrogen and phosphorus fertilizer companies lose money

In the first quarter of 2016, affected by the continued downturn of chemical fertilizer products, price drops and the adjustment of agricultural planting structure, among the listed fertilizer companies, nitrogen and phosphate fertilizer companies suffered overall losses.
Chang Chemical and Hubei Yihua achieved profitability, and the performance of the latter two achieved contrarian growth.
In the compound fertilizer sector, Jinzhengda, Xinyangfeng, Stanley, etc.
, which closely follow the demand-side innovative products and service-driven marketing, continued the "good start" momentum.
Jinzhengda ranked first with a net profit of 405 million yuan.
This is the result of the reporter's analysis of the first quarter performance reports of 19 listed fertilizer companies.
In the nitrogen fertilizer sector, in the first quarter, Jianfeng Chemical’s net profit increased significantly year-on-year; Lanhua Tech’s net profit is expected to lose 150 million yuan; Liuhua’s operating profit and net profit have fallen sharply year-on-year; Lutianhua’s net profit loss is about 30 million to 40 million yuan; Luxi Chemical's net profit fell sharply by 84.
77% year-on-year.
The reporter noticed that several listed nitrogen companies with good performance in the past few years are now labeled "ST" by the capital market.
While most nitrogen companies are losing money, Hualu Hengsheng’s net profit in the first quarter was 220 million yuan; Hubei Yihua’s net profit was 13.
397 million yuan, a year-on-year increase of 28.
61%; Huachang Chemical’s net profit was 4.
047 million yuan, a year-on-year increase of 110.
96%.
The industry has seen the transformation effect of the pioneering enterprises in the transformation and upgrading.
The phosphate fertilizer sector is also affected by factors such as overcapacity, fierce competition, poor exports, and year-on-year declines in the sales and prices of phosphate fertilizer's main business products.
Except for Xingfa Group, other listed phosphate companies cannot escape losses.
Xingfa Group’s net profit was 15.
079 million yuan, which was only a 32.
03% year-on-year decrease, but Liuguo Chemical’s net profit loss was 34.
079 million yuan, and Yuntianhua’s net profit loss was 390 million yuan, a year-on-year decrease of 1451.
98%.
The total profit dropped significantly by 503.
9% year-on-year.
? Unlike nitrogen and phosphorus fertilizer companies, listed compound fertilizer companies that rely on differentiated products and professional services that are more suitable for market needs make a lot of money.
In the first quarter, Jinzhengda’s operating income was 4.
64 billion yuan, and its net profit was 405 million yuan, an increase of 11.
04% and 22.
21% year-on-year.
In the report, the net profit in the first half of the year is expected to be between 770 million yuan and 840 million yuan.
It is firmly established as the most profitable company in the compound fertilizer industry.
Throne.
? Xinyangfeng, which has tasted the sweetness of crop-specific fertilizers and refined marketing, reached 2.
632 billion yuan in operating income and 217 million yuan in net profit in the first quarter, an increase of 2.
38% and 23.
60% year-on-year.
The report predicts that the company's net profit in the first half of the year is expected to reach 4.
6 100 million to 500 million yuan.
Similarly, Stanley achieved a net profit of 1.
5.
1 billion yuan, a year-on-year increase of 18.
31%; Xindu Chemical's net profit was 51.
175 million yuan, a year-on-year increase of 10.
47%.
These enterprises have played an exemplary role in the reform of the industry's "supply side".