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    Home > Agriculture News > Fertilizer News > The performance of listed fertilizer companies fell sharply last year

    The performance of listed fertilizer companies fell sharply last year

    • Last Update: 2022-02-19
    • Source: Internet
    • Author: User
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    The annual reports of listed companies on the Shanghai and Shenzhen stock exchanges in 2019 were announced on April 30, and the performance of listed companies in the chemical fertilizer category fell sharply.
    Excluding the huge loss of 45.
    8 billion yuan due to the bankruptcy and reorganization of Salt Lake, the 21 listed chemical fertilizer companies achieved a total profit of 2.
    506 billion yuan in 2019, a sharp drop of 76.
    08% from 2018; average earnings per share were 0.
    0307 yuan, a year-on-year decrease of 90.
    15% .
    From the perspective of sub-sectors, the performance of nitrogen fertilizer companies declined across the board.
    Only Huachang Chemical and Hechi Chemical increased their performance year-on-year, while the remaining 9 companies including Sichuan Meifeng, Lutianhua, Liuhua and Yangmei Chemical all declined.
    The reason is that the year-on-year decline in nitrogen fertilizer prices has affected the efficiency of enterprises; the second is that many listed nitrogen fertilizer companies are "simultaneously fertilizing".
    Some companies still have a large proportion of chemical products.
    In 2019, the price of chemical products is also falling, causing companies The benefit is not good.
    Among the listed phosphate fertilizer companies, Yuntianhua and Lubei Chemical both achieved profits, except for Liuguo Chemical's loss of about 260 million yuan.
    Liuguo Chemical said that due to adverse factors such as high environmental pressures, falling exports, and low food prices, the start-up rate of factories has decreased.
    The company's overall gross profit margin in 2019 has decreased by approximately 5.
    6% compared with the previous year, resulting in a reduction of approximately 250 million yuan in profits.
    In terms of listed potash fertilizer companies, Salt Lake’s potash output in 2019 was 5.
    633 million tons, an increase of about 800,000 tons from the previous year, a record high.
    The production and sales of the potash fertilizer sector are normal.
    The reason why companies have huge losses is mainly due to the losses in the chemical sector and the magnesium sector.
    To.
    Zangge Holdings produced 1.
    0829 million tons of potash in 2019, a decrease of 26.
    95% from the previous year.
    The performance of listed compound fertilizer companies was differentiated.
    Among the six listed compound fertilizer companies, the performance of Batian and Yuntu Holdings increased year-on-year; Jinzhengda and Sierte , Stanley, and Xinyangfeng's performance declined year-on-year.
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