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Statistics show that from January to July this year, the sales area of commercial housing across the country reached 1,06.
48 million square meters, with sales hitting a new high of 10.
64 trillion, and both sales area and sales achieved double growth
.
However, despite the bright sales figures, the living conditions of developers have not improved much
.
Policy tightening, real estate companies have become troubled.
According to the China Housing Network through the People’s Court Announcement Network, search with "real estate" as the key word, and delete the list of repeated distribution companies and non-real estate companies.
Statistics found that as of August 24 During the year, a total of 244 real estate companies issued relevant bankruptcy documents.
From this point of view, on average, about one real estate company went bankrupt every day .
According to the analysis of relevant institutions, hot cities and urban clusters such as the Yangtze River Delta and the Pearl River Delta have attracted a large number of real estate development companies.
Regional competition is fierce, and it is more difficult for local small and micro real estate companies to survive; in addition, the Yangtze River Delta and the Pearl River Delta region have a high degree of investment and borrowing enthusiasm.
, Loan disputes and company cancellations and bankruptcies have become more frequent
.
The direction change of the real estate market is closely related to policy changes
.
Since the beginning of this year, the State-owned Assets Supervision and Administration Commission has restarted the check-out order, requiring state-owned enterprises and central enterprises to circumvent the regulatory requirements of their main businesses to not engage in such prohibited businesses as commercial real estate under the negative list of central enterprises' investment projects through equity participation and other methods
.
In addition, as an important part of local finance, the transfer of the land transfer fee collection department is interpreted by the industry as "the central government takes action to end local land finance" and "restrains the impulse of local land sales", which will reduce the local government's land transfer fee.
Domination
.
The above policies all send the same signal that the real estate industry is not what it used to be
.
Since the Ministry of Housing and Urban-Rural Development and other 8 departments jointly issued a document to rectify the real estate market on July 23, Beijing, Chengdu, Hangzhou, Quzhou, Dongguan and other hot cities have issued "restrictions".
Qiuyi swept the entire property market
.
So, what impact will the declining real estate industry have on the coatings industry?
Architectural coatings have the greatest impact! Leading companies may be affected.
At present, China is the world's largest consumer and producer of coatings.
Among them, architectural coatings are the largest variety of coatings, accounting for 51% of the coatings market, equivalent to 1.
53 million tons, and an average annual growth rate of 97,000.
%
.
As a pillar industry of China's economy, the real estate industry, as a direct downstream industry of the architectural coatings industry, plays a vital role in the development of architectural coatings
.
In March of this year, the "2020 China's Top 500 Real Estate Development Enterprises Preferred Supplier Service Provider Brand Evaluation Report" was announced.
In the list of preferred brand coatings, Nippon, Sankeshu, Asia Paint, Guke, Fuster, Carpoli, Meitus, De Ivy, Bardez, Classic, Juno, China Resources Paint, Transhua Paint, Dulux Professional are all on the list
.
In the sub-category, well-known brands such as De Aiwei, Sherwin-Williams, Feilu, and Juno were also fortunate to be shortlisted
.
As the real estate market has entered the second half in recent years, under the pressure of the "three red lines", it is more difficult for the real estate supplier coating companies to pay for the goods, which further increases the risk of the coating companies’ receivables.
The increase in the rate of bad debts is also a straw that crushes thousands of small and medium-sized paint companies
.
On the one hand, paint factories are facing the continuous price increase of upstream emulsions, pigments, film-forming substances and other raw materials, and the cost is under increasing pressure
.
On the other hand, the downstream property market has become more and more controlled.
With the tightening of policies, the real estate has begun to cool down.
Under the circumstances, the coatings industry will find it difficult to stand alone and face greater risks
.
In this situation, where should architectural coatings go?
Open up the second battlefield! New growth points for architectural coatings are coming
Although real estate is cooling down year by year, the total stock of buildings in the domestic market is still increasing year by year.
The gradual advent of the old house renovation and exterior wall recoating market has brought new growth points for architectural coatings
.
China's stock construction market is huge, and the average annual reinstallation area can reach more than 4.
7 billion square meters
.
In 2019, the central government's emphasis on old communities has been significantly increased.
At the same time, with the increase in China's population and urbanization rate, the future infrastructure construction and real estate industry will bring greater demand to the coatings market
.
Data show that China's demand for architectural coatings will reach 7.
3 million tons in 2020, and it is expected that the demand will exceed 8.
5 million tons in 2024
.
In addition, there are data showing that the renovation of old communities will drive the demand for interior and exterior wall painting of about 40 billion yuan.
.
From the housing transaction data, the proportion of second-hand housing transactions in first- and second-tier cities is higher, and second-hand housing transactions are often accompanied by interior wall refurbishment, which brings new market demand
.
The gradual release of housing stock market demand means that the future development trend of the Chinese coatings market or a copy of the history of developed countries, compared with the demand for new coatings, the demand for recoating is driven by the stronger consumption properties of the coatings market
.
Disclaimer The
content of this article is comprehensively sourced from Zhongfang.
com, etc.
, edited by Ai Tubang.
Please indicate the source for reprinting
.
If it involves the content of the work, copyright and other issues, please contact this number in time, we will delete the content as soon as possible!
48 million square meters, with sales hitting a new high of 10.
64 trillion, and both sales area and sales achieved double growth
.
However, despite the bright sales figures, the living conditions of developers have not improved much
.
Policy tightening, real estate companies have become troubled.
According to the China Housing Network through the People’s Court Announcement Network, search with "real estate" as the key word, and delete the list of repeated distribution companies and non-real estate companies.
Statistics found that as of August 24 During the year, a total of 244 real estate companies issued relevant bankruptcy documents.
From this point of view, on average, about one real estate company went bankrupt every day .
According to the analysis of relevant institutions, hot cities and urban clusters such as the Yangtze River Delta and the Pearl River Delta have attracted a large number of real estate development companies.
Regional competition is fierce, and it is more difficult for local small and micro real estate companies to survive; in addition, the Yangtze River Delta and the Pearl River Delta region have a high degree of investment and borrowing enthusiasm.
, Loan disputes and company cancellations and bankruptcies have become more frequent
.
The direction change of the real estate market is closely related to policy changes
.
Since the beginning of this year, the State-owned Assets Supervision and Administration Commission has restarted the check-out order, requiring state-owned enterprises and central enterprises to circumvent the regulatory requirements of their main businesses to not engage in such prohibited businesses as commercial real estate under the negative list of central enterprises' investment projects through equity participation and other methods
.
In addition, as an important part of local finance, the transfer of the land transfer fee collection department is interpreted by the industry as "the central government takes action to end local land finance" and "restrains the impulse of local land sales", which will reduce the local government's land transfer fee.
Domination
.
The above policies all send the same signal that the real estate industry is not what it used to be
.
Since the Ministry of Housing and Urban-Rural Development and other 8 departments jointly issued a document to rectify the real estate market on July 23, Beijing, Chengdu, Hangzhou, Quzhou, Dongguan and other hot cities have issued "restrictions".
Qiuyi swept the entire property market
.
So, what impact will the declining real estate industry have on the coatings industry?
Architectural coatings have the greatest impact! Leading companies may be affected.
At present, China is the world's largest consumer and producer of coatings.
Among them, architectural coatings are the largest variety of coatings, accounting for 51% of the coatings market, equivalent to 1.
53 million tons, and an average annual growth rate of 97,000.
%
.
As a pillar industry of China's economy, the real estate industry, as a direct downstream industry of the architectural coatings industry, plays a vital role in the development of architectural coatings
.
In March of this year, the "2020 China's Top 500 Real Estate Development Enterprises Preferred Supplier Service Provider Brand Evaluation Report" was announced.
In the list of preferred brand coatings, Nippon, Sankeshu, Asia Paint, Guke, Fuster, Carpoli, Meitus, De Ivy, Bardez, Classic, Juno, China Resources Paint, Transhua Paint, Dulux Professional are all on the list
.
In the sub-category, well-known brands such as De Aiwei, Sherwin-Williams, Feilu, and Juno were also fortunate to be shortlisted
.
As the real estate market has entered the second half in recent years, under the pressure of the "three red lines", it is more difficult for the real estate supplier coating companies to pay for the goods, which further increases the risk of the coating companies’ receivables.
The increase in the rate of bad debts is also a straw that crushes thousands of small and medium-sized paint companies
.
On the one hand, paint factories are facing the continuous price increase of upstream emulsions, pigments, film-forming substances and other raw materials, and the cost is under increasing pressure
.
On the other hand, the downstream property market has become more and more controlled.
With the tightening of policies, the real estate has begun to cool down.
Under the circumstances, the coatings industry will find it difficult to stand alone and face greater risks
.
In this situation, where should architectural coatings go?
Open up the second battlefield! New growth points for architectural coatings are coming
Although real estate is cooling down year by year, the total stock of buildings in the domestic market is still increasing year by year.
The gradual advent of the old house renovation and exterior wall recoating market has brought new growth points for architectural coatings
.
China's stock construction market is huge, and the average annual reinstallation area can reach more than 4.
7 billion square meters
.
In 2019, the central government's emphasis on old communities has been significantly increased.
At the same time, with the increase in China's population and urbanization rate, the future infrastructure construction and real estate industry will bring greater demand to the coatings market
.
Data show that China's demand for architectural coatings will reach 7.
3 million tons in 2020, and it is expected that the demand will exceed 8.
5 million tons in 2024
.
In addition, there are data showing that the renovation of old communities will drive the demand for interior and exterior wall painting of about 40 billion yuan.
.
From the housing transaction data, the proportion of second-hand housing transactions in first- and second-tier cities is higher, and second-hand housing transactions are often accompanied by interior wall refurbishment, which brings new market demand
.
The gradual release of housing stock market demand means that the future development trend of the Chinese coatings market or a copy of the history of developed countries, compared with the demand for new coatings, the demand for recoating is driven by the stronger consumption properties of the coatings market
.
Disclaimer The
content of this article is comprehensively sourced from Zhongfang.
com, etc.
, edited by Ai Tubang.
Please indicate the source for reprinting
.
If it involves the content of the work, copyright and other issues, please contact this number in time, we will delete the content as soon as possible!
