NEWS CENTER

Analysis of the causes of attention to cement and new building materials in China


Release time:

Jul 31,2013

In the second quarter, some regional cement performance was eye-catching, driving the industry's single-quarter profit to positive growth for the first time year-on-year, from the enterprise's point of view of the two-level differentiation of performance increased, in terms of policy, it is recommended to pay attention to the cost and technical advantages of leading enterprises. Pre-focus tracking of new building materials enterprises reported profit growth or can reach 26.7, the new building materials sector is continuing to grow steadily, it is conducive to promoting the construction industry energy saving and consumption reduction, can achieve a win-win economic and environmental benefits, worthy of attention. The performance of cement enterprises shows polarization in the second quarter. On the one hand, the performance of cement enterprises increased by more than 100

In the second quarter, some regional cement performance was eye-catching, driving the industry's single-quarter profit to positive growth for the first time year-on-year, from the enterprise's point of view of the two-level differentiation of performance increased, in terms of policy, it is recommended to pay attention to the cost and technical advantages of leading enterprises. Pre-focus tracking of new building materials enterprises reported profit growth or can reach 26.7, the new building materials sector is continuing to grow steadily, it is conducive to promoting the construction industry energy saving and consumption reduction, can achieve a win-win economic and environmental benefits, worthy of attention.

The performance of cement enterprises is one heaven and one underground.

Cement enterprises in the second quarter performance showed polarization increased, on the one hand, the performance growth of more than 100 enterprises include: Yanlianshan, Huaxin Cement, Jiangxi Cement, can achieve positive growth enterprises for conch cement. On the other hand, enterprises with performance losses or declines of more than 50% include Jidong Cement and Qingsong Jianhua, and enterprises with performance declines of less than 30% include Jinyu Stock and Chaodong Stock. East China, Ganqing enterprise performance high growth, mainly due to the second quarter price rebound, coal prices fell costs, cement tons of profit increase.

New building materials continued steady growth, reported profit growth of 26.7 percent

The new building materials sector continued to grow steadily, is expected to focus on tracking the new building materials enterprises in the second quarter reported profit growth can reach 26.7, from the various fine molecular industries, downstream demand is relatively good waterproof materials, water reducing agent and plastic buried pipe, while gypsum board, water reducing agent and other pipes are still in steady growth. We expect the performance growth of more than 50% of the enterprises include: Oriental Yuhong; Expected growth of 30-50% of the construction research group, Beixin building materials, Nachuan shares, Beijing Lear; However, due to weak downstream demand, customers take goods slowly leading to losses of enterprises are Ruitai Technology.

The development trend of the future industry

The basic driving force of China's economy has undergone some changes, and the importance of investment cannot be ignored. It is expected that the investment in fixed assets will remain at about 20% in the second half of the year, forming a continuous demand for the cement market. The lower limit of economic growth in the second half of the year is clear, the market is prone to consensus expectations, and industry valuations are expected to pick up. At the same time, the long-term demand for urbanization on the cement market has always existed, while investment in infrastructure projects such as railways accelerated in the second half of the year. Taken together, it is estimated that the probability of a sustained rebound or reversal in the cement manufacturing industry in the second half of the year will gradually increase.

New energy-saving building materials mainly include new wall materials, chemical building materials, new thermal insulation materials, building decoration materials, etc. The state has introduced a lot of relevant policy support for the new building materials industry. The new building materials industry has ushered in new development opportunities. New energy-saving and waste-saving technologies and building materials products have been promoted and applied, which is conducive to promoting energy conservation and consumption reduction in the construction industry. Can achieve a win-win economic and environmental benefits.

Cement and new building materials recommended

The reporting period of the building materials industry is approaching, and the market's focus on profitability will further increase. Although the current macro, real estate, and liquidity are still under pressure, and future industry demand is still facing uncertainty, major cement companies have entered the medium and long-term allocation range. High industrial investment value. From the price point of view in the first half of the year, along the Yangtze River and Ganqing region benefit supply and demand improvement performance is outstanding, is expected to Yanlianshan, Huaxin Cement, Jiangxi Cement reported faster growth, Yanlianshan and Huaxin can reach more than 100 percent, conch cement medium-term results for the first time turned positive growth. In Xinjiang, where the pressure of new production capacity is greater, and in North China, where the market coordination is low, although the price has recovered slightly, the overall pressure is still greater. It is expected that the performance of regional enterprises such as Jidong Cement is relatively weak. At the same time, in terms of policy, it is recommended to pay attention to leading enterprises with cost and technical advantages, including conch cement, Yandong cement, Huaxin cement and so on.