Plastic products are the key industries of the national economy. With a wide range of products, strong industry connections, and large market capacity, they have become a new growth point for China’s economic development. In 2017, the plastics processing industry promoted supply-side structural reform as the main line. Focus on improving the quality and efficiency of industry development, persist in innovation-driven, help the kinetic energy conversion, and achieve fruitful results.
Steady progress
According to the latest data released by the China Plastics Processing Industry Association, in 2017, the aggregate statistics of the national plastics industry accumulated a total of 75.155 million tons of production, an increase of 3.44% year-on-year, and an increase of 0.78 percentage points over the same period of the previous year; 15350 enterprises above designated size The income from main operations was RMB 2,208.836 billion (RMB, the same below), an increase of 6.74% year-on-year, and the growth rate was 0.63 percentage points higher than the same period of last year; the main business income accounted for 9.41% of the light industry and 1.96% of the national industry. %. Accumulated profits totaled 135.468 billion yuan, an increase of 4.81% year-on-year, a decrease of 2.51 percentage points over the same period of last year; total profits accounted for 8.52% of the light industry and 1.8% of the national industry.
In 2017, the output of plastic products in 10 eastern provinces and municipalities was 4,181.05 million tons (accounting for 55.63%), which was a year-on-year increase of 2.61%. The plastic products industry in the eastern region grew steadily. Among them, output in Shandong Province and Fujian Province increased significantly, and their year-on-year growth rates were 10.02%, 7.36%. While the output growth rate of Guangdong Province is -1.22%, both the main business income and total profit have increased substantially, entering the stage of winning with quality. The production volume of plastic products in the six central provinces was 1,806,560 tons ( Accounting for 24.04%), with a year-on-year growth rate of 5.05%, of which Jiangxi Province, Anhui Province, and Henan Province had higher output growth rates, which were 16.78%, 11.21%, and 7.18%, respectively. The output of plastic products in 12 western provinces was 13,389.94 million. Ton (accounting for 17.81%), with a year-on-year growth rate of 8.44%. The growth rate of output in the central and western regions was higher than the national average and was in a period of rapid growth.
In 2017, the total export value of China's plastic products industry was US$62.729 billion, an increase of 8.62% year-on-year, accounting for 10.46% of the export value of the light industry. Import value was US$18.576 billion, an increase of 7.22% year-on-year, accounting for 11.42% of the import value of the light industry. The total value of imports and exports was USD 81.305 billion and the trade surplus was USD 44.153 billion. With the favorable policies, advantageous companies have 'walked out' and set up factories in foreign countries, especially in the 'Belt and Road' countries, to expand new markets, such as the Golden Technology Co., Ltd. , Guangdong Liansu Technology Co., Ltd. and other companies have set up factories in India and other countries.
With the further promotion of environmental protection improvement, and the impact of rising raw material prices and labor costs, some small and micro enterprises that cannot occupy the market due to product innovation and quality improvement are once again faced with the difficulties of being “shuffled” out, while large and medium-sized enterprises In dilemma, they have the courage to innovate and have a good momentum of development. They have shown that the stronger the stronger, the weaker the weak, the transformation of the industry and the acceleration of business integration.
Resolve difficulties and achieve breakthroughs
In 2017, facing the profound changes in the innovation and development of the global plastics industry, the plastics processing industry has encountered many major difficulties and severe challenges while achieving remarkable results: The raw material prices have risen sharply, the most stringent environmental protection and remediation, the prohibition orders, etc. National counterparts in the plastics industry are facing difficulties, making progress aggressively, further increasing independent innovation and speeding up industrial upgrading to cope with the pressure of development and achieve development and breakthroughs in difficulties and challenges.
1. Rising costs make enterprises pay more attention to technological progress and technological innovation.Because of a large amount of low-end production capacity eliminated due to domestic environmental remediation and supply-side reform and the reduction of waste supply due to the prohibition of entry of foreign rubbish, coupled with the rise of transportation prices, In 2017, the prices of plastic raw materials generally rose sharply while the prices of their products did not rise correspondingly, which posed a serious challenge to the production of the enterprises. Faced with this pressure, the enterprises are more concerned with technological progress and scientific and technological innovation and continuously upgrade their level of scientific and technological development: on the one hand, Technology innovation and other means, actively develop new products, improve product added value, improve profitability; the other hand, strengthen technological innovation, improve automation, improve production efficiency and reduce costs, and through the management of innovation to reduce the internal operation of the company Cost, offset the loss caused by fluctuations in raw material prices.
2.Environmental governance makes enterprises pay more attention to cleaner production Since 2017, as environmental protection has risen to the national strategic level, the state has continuously stepped up supervision and inspection on environmental pollution caused by air pollution, environmental protection inspectors of enterprises from central and local governments have become more and more frequent, Some enterprises shut down due to non-compliance with emission standards, limited production and rectification. In order to better survive and develop, the plastic products industry has been gradually standardized, its environmental protection awareness has been enhanced, its clean production has been focused, the greening of products has been paid more attention, and the pace of product transformation and upgrading has been accelerated.
3. Low-end overcapacity Forced transformation and upgrading of products. Low-end products overcapacity problem is still serious on the market with more generic products, middle and low products accounted for the vast majority, and high technology, high value-added products relative Less competition in the price war, the compression of the profit margins, but also create low-quality, low-quality products disrupt the market order.A number of industries and enterprises to actively promote automation and improve product technology and quality levels.If the modified plastic industry from Pursue the expansion of production scale and shift to refinement and striving for excellence; turn from omissions and diversion to directional processing and individualized production. BOPET, BOPP and cast film actively substitute for imported products, expand new product applications and increase high-end products The amount of application, differentiated products, personalized products and specialty products, with remarkable results, the industry started to recover.
4. Policy-oriented efforts to promote the development of related industries.State ban on the import of foreign rubbish, promote the reform of solid waste import management system introduced new regulations, plastic recycling industries gradually restructuring domestic waste plastics recycling processing or set up factories in foreign countries.With the electricity The rapid development of the industry, logistics and courier industry produced a large number of 'white trash', the state requires courier bags using biodegradable plastics, a series of under natural conditions can be completely degradable environmentally friendly materials such as PHA bio-based biodegradable plastics will be Will usher in a good opportunity for development.
Insist on innovation and green development
2018 is the year of full implementation of the spirit of the 19 CPC. The plastic processing industry in our country has entered a new stage of relying on technological progress. The global innovation pattern and industrial transformation will be further accelerated. The global manufacturing industry will enter into a phase of smart transformation, Industrial development, plastic processing industry showed functional, lightweight, ecological and micro-molding trends.
In 2018 and sometime in the future, the plastic processing industry should be guided by the Guiding Opinions on the Development Planning for the 13th Five-Year Plan of Plastic Processing Industry, the Guiding Opinions on the Technical Development of Plastics Processing in the 13th Five-Year Plan and the Made in China 2025, Develop multi-functional, high-performance materials and auxiliaries and strive to achieve new breakthroughs in material functionalization, greening and environmental friendliness; Accelerate the development and application of green, energy-saving and efficient new processing and molding technologies and technologies; Accelerate the development of plastic molding equipment R & D; closely around the high-end, accelerate the promotion of the proportion of high-end products.
2017 performance of listed plastic products
Read the China Plastic Association released industry report, Xiaobian also view the major plastic products listed companies earnings, but also to a good.According to major plastic products listed companies released 2017 performance forecast statistics, about Qi Cheng enterprises estimated net profit Of which the net profit of Zijiang Enterprise, Kaile Technology, Gu Technology, Jinzhou Pipeline, Guofeng Plastic Industry and Huafeng Microfiber is expected to increase by more than 100%. Details of the performance of some listed plastic products enterprises are as follows.
Zijiang enterprises: net profit increased 120% -160%
For the full year 2017, the net profit attributable to shareholders of the listed company is expected to increase by RMB268,663,200 from the previous year to RMB358,221,700, an increase of 120% -160% over the same period of last year.
During the reporting period, Zijiang transferred its 12.11% shares of Shanghai Weilitai Industrial Automation Co., Ltd. to Shanghai Zizhu High-tech Zone (Group) Co., Ltd. The consolidated financial statements will have a larger return on investment. The impact amount is initially estimated as 404 million yuan.In addition, the disposal of non-current assets Zijiang loss, the amount of the initial estimate of 108 million yuan.
Yongxin shares: net profit of 205 million yuan
In 2017, Yongxin's operating income was initially calculated at RMB2,008 million, an increase of 5.46% over the same period of 2007. Operating profit was RMB246 million, representing an increase of 7.06% from the same period of last year. Net profit attributable to shareholders of the listed company was RMB205 million, representing an increase of 1.37 %.
During the reporting period, according to the changes in the market, Yongxin took advantage of the opportunities and intensified market development. By adjusting and optimizing the product structure, Yongxin continued to increase its technology research and development, tapping internal potentials and improving quality and efficiency so that Yongxin's main business was maintained Live in a continuous growth trend.
Lingyun shares: net profit increased by 50% -60%
After preliminary calculation, Lingyun shares estimated that the net profit attributable to shareholders of listed company in 2017 will increase by RMB 106,500,000 to RMB 127,800,000, up 50% -60% over the same period of last year.
During the reporting period, Lingyun continued to consolidate the existing product market while further strengthening the development of new products and new markets, expanding its sales volume and achieving a rapid growth in operating revenue. Lingyun shares bumper, threshold, large-scale roll- Due to a large number of coal-to-gas projects in North China and the development of the gas market, the sales volume of plastic pipe system of Lingyun Co. achieved a substantial growth. The sales volume of Lingyun's shares in overseas markets was also higher than that of the previous year Year on year increase.
Haida shares: net profit of 140 million yuan
In the whole of 2017, the total revenue of Haida shares was RMB129,165.29 million, up by 50.94% over the previous year. The net profit attributable to the owners of the parent company was RMB14,028.01 million, an increase of 69.05% over the previous year.
Haida shares main business is the rubber and plastic parts, widely used in rail transportation, construction, automobiles, shipping, etc. four major areas of business revenue in 2017 have a more substantial growth, especially rail vehicle sealing products , Shield tunnel sealing products, container sealing products, automotive sealing products, a substantial increase over the previous year, with remarkable results.
Keller Technology: Net profit growth 300% -350%
In 2017, Keller Technology realized a net profit attributable to shareholders of listed companies of RMB546.69 million and RMB63.780 million, representing an increase of 300% -350% as compared with the same period of last year.
Kaile Science and Technology is committed to expanding investment in private network communications products and research and development, thereby increasing market share, resulting in increased revenue, increased profits.Private network communications products increased net profit of about 440 million yuan, communications fiber, optical cable, communications silicon The net profit of the Company increased by about 30 million yuan over the same period of last year, and the net profit of smart communications and other products increased by about 30 million yuan.
Gu Technology: Net profit growth of 190% -240%
For the full year of 2017, the net profit attributable to shareholders of the listed company amounted to RMB 115,367,200 to RMB 135,258,100, representing an increase of 190% -240% over the same period of last year.
During the reporting period, Gudi Technology receivables recovery was less than expected, a corresponding increase in impairment provisions of bad debts; a subsidiary of a sporting event (Beijing) Co., Ltd. a revenue to be credited year.
Jinzhou Pipeline: Net profit up 120% ~ 170%
In 2017, the net profit of Jinzhou Pipeline attributable to shareholders of listed companies was RMB138,204,900 to RMB169,615,100, an increase of 120% -170% over the same period of last year.
Fourth quarter 2017 main business performance better than expected, attributable to shareholders of listed companies net profit growth more than the forecast range.
Plastic Technology: Net profit of 100 million -1.2 billion
For the full year of 2017, the net profit attributable to shareholders of the listed company was RMB100 million to RMB120 million, representing a year-on-year decrease of 4.50% to -20.42%.
In 2017, in response to unfavorable factors such as intensified competition in the industry and rising operating costs such as raw materials and labor costs, Fosu Technologies responded well to the impact of the surge in bulk raw materials on operations. Fosu Plastics' new materials business remained stable, however, Affected by the decrease in logistics and distribution business, net profit attributable to shareholders of the listed company in FY 2017 decreased year-on-year.
Guofeng Plastic: net profit growth of 216%
In FY 2017, Guofeng Plastics' net profit attributable to shareholders of the listed company was approximately RMB58 million, an increase of 216% over the same period of last year.
During the reporting period, the market situation of Guofeng Plastic Industry fluctuated violently and the operating pressure was relatively great. In response, the Company actively responded to and steadily pushed forward the implementation of such measures as product structure adjustment, cost reduction and efficiency enhancement, asset structure optimization and other measures New base construction, do a good job in film and film business relocation of convergence, speed up the preparation of new projects and other work, the company film and its subsidiaries have achieved the stability of production and operation and economic efficiency of the operation .In addition, the company in 2017 in accordance with land storage Progress carried forward part of the disposal of land-related non-current assets profit and loss disposal.
Huafeng Microfiber: Net profit up 150% to 180%
In FY 2017, the net profit attributable to shareholders of listed companies of Huafeng Microfiber was 251.3703 million yuan-281.5347 million yuan, an increase of 150% to 180% over the same period of last year.
2017, Huafeng Microfiber Jiangsu Qidongzi 75 million project a mass production, operating rate continues to increase, coupled with the sales department and technology department forge ahead, the downstream market of microfiber fiber has been greatly exploited during the peak season is Full load operation, production and sales volume increased significantly year on year, raw material prices in the unfavorable factors, still guaranteed a substantial increase in the performance of the super fiber industry.