The price soared! The net profit of this leading titanium dioxide company has increased by 101.06%!

Recently, Anadar (or “the company”) disclosed its 2020 annual report, achieving operating income of 1.
122 billion yuan, an increase of 8.
09% year-on-year; net profit attributable to shareholders of listed companies was 65.
110 million yuan, an increase of 101.
06% year-on-year; attributable to listing The company’s shareholders’ net profit after deducting non-recurring gains and losses was 56.
942 million yuan, a year-on-year increase of 109.
67%; basic earnings per share were 0.
3028 yuan, and it was planned to distribute cash dividends of 1 yuan (tax included) to all shareholders for every 10 shares.

During the reporting period, the output of titanium dioxide increased by 10.
43% year-on-year, and the output of iron phosphate increased by 81.
84% year-on-year.
During the reporting period, in response to the market demand and price fluctuations of titanium dioxide, the company adjusted its marketing strategy in a timely manner, opened up sales channels, increased market share, vigorously developed the international market, continuously improved marketing strategies and assessment plans, and focused on strengthening new Customer development, sales, and capital withdrawal are assessed on com" href="http://">coatings online coatingol.
com .
During the reporting period, the domestic market sales of titanium dioxide increased by 9.
90% year-on-year, the international market sales increased by 27.
53% year-on-year, and the capital withdrawal rate was 102.
81%.

During the reporting period, the net cash flow from operating activities was RMB 32,712,662.
14.
As of the end of 2020, the net assets attributable to shareholders of the listed company were RMB 757,636,391.
29.

Affected by the international and domestic economic environment, the titanium dioxide market fluctuated during the reporting period.
In the first half of the year, the market demand "increased first and then declined".
In the first quarter, driven by manufacturers' stocking and replenishment around the Spring Festival, the demand for titanium dioxide increased; in the second quarter, Affected by the outbreak of the foreign epidemic, exports are blocked, demand is declining, prices are falling, and competition in the domestic market is fierce.
In the second half of the year, driven by market demand and rising raw material prices, prices continued to rise, and the industry's average operating rate increased.
The industry's total annual output was 3.
51 million tons, an increase of 330,000 tons or 10.
39% from the previous year.

Faced with the pressure from the complex and changeable external environment and the implementation of new environmental protection standards, the company’s management centered on annual goals and tasks to actively prevent and control the epidemic to ensure the stable operation of production equipment; market-oriented, actively adjust marketing strategies and strengthen Withdraw funds; improve environmental governance with high standards and improve the company's green development quality; actively promote mechanism reforms to enhance corporate development vitality; strengthen cost control and promote refined management; strengthen technological innovation, promote product research and development and innovation, and enhance the company's development support ; Actively plan the industrial layout, increase investment in the new energy industry, and maintain growth in production and operation and performance.
During the reporting period, the company achieved total operating income of RMB 1,121,707,100, a year-on-year increase of 8.
09%, and net profit attributable to shareholders of listed companies was RMB 65,110,400, a year-on-year increase of 101.
06%.

According to the data, Ananda is mainly engaged in the production and sales of titanium dioxide products, and the main products are titanium dioxide series products.
The company's holding subsidiary Tongling Nayuan is engaged in the production and sales of iron phosphate products, the main products being iron phosphate series products.

According to the Coatings Purchasing Network, China, as a major exporter of titanium dioxide, accounts for about half of the world's titanium dioxide production capacity.

In 2020, Anadar will increase 5 rounds in the second half of the year, with a cumulative increase of 3,000 yuan/ton domestically and a cumulative increase of US$560/ton internationally.