Choose Language:CHINESEENGLISH

In the first quarter, mask related enterprises made a lot of

Release Time:2020-05-28 11:00Views:

A sudden epidemic has made masks a necessity for the whole people. The influx of a large number of orders has greatly increased the profits of mask manufacturers. Under the background of "one mask is hard to get" in the first quarter, netizens exclaimed, "I can't imagine how much money mask enterprises make in the first quarter!"

 

Profits of mask manufacturers soared

Tianhua super net (10.640,0.62,6.19%) a cross-border production mask enterprise reported in the first quarter on April 21 that its operating revenue was RMB 232 million, an increase of 34.18% year-on-year; its net profit attributable to shareholders of listed companies was RMB 47.53 million, an increase of 293.32% year-on-year.

Tianhua Chaojing said that after the outbreak of the epidemic, the market demand of the medical device business increased significantly. The medical protection products of the company and its subsidiary Wuxi Yushou medical device Co., Ltd. are the guarantee materials for epidemic prevention and control, and the sales revenue and operating profit of the medical device business increased greatly in the short term.

In addition, Yangpu medical (9.550,0.06,0.63%) and Ogilvy medical (32.250,0.54,1.70%) were also good at anti epidemic. On the evening of April 24, Yangpu medical released the first quarter report of the year, showing that its revenue was 147 million yuan, an increase of 32.81% year on year; its net profit was 10.9782 million yuan, an increase of 143.35% year on year.

On April 28, Ogilvy medical released its first quarter report, with revenue of 598 million yuan, an increase of 16.23% year on year; net profit attributable to shareholders of listed companies was 91195300 yuan, an increase of 64.62% year on year.

Profits of melt blown cloth enterprises are rising

In addition to mask manufacturers, as the "heart" material of medical masks, the supply of melt blown cloth is also in short supply. The price of melt blown cloth increases more than 10 times with the market, which is good for the performance of related companies.

Yanjiang shares (34.800, - 0.12, - 0.34%) disclosed its first quarter report on April 27, showing a revenue of 274 million yuan, an increase of 17.89% year-on-year; the net profit attributable to the shareholders of the listed company was 38893600 yuan, an increase of 344.81% year-on-year. It said that the current market supply of melt blown non-woven fabrics is limited, and the company's production of melt blown non-woven fabrics has been in short supply, which has become one of the main factors for the quarter's performance growth.

Xinlong Holdings (9.220,0.27,3.02%) also increased its performance due to the increase of non-woven market demand. According to the first quarter report released on April 30, the company achieved revenue of 291 million yuan, a year-on-year increase of 30.04%; the net profit attributable to shareholders of the listed company was 58.3537 million yuan, a year-on-year increase of 1545.49%.

In addition, the first quarter report released on the evening of April 8 by dawn (32.620,0.23,0.71%), which is highly regarded for the production of special materials for melt blown cloth for masks, shows that the net profit is 69.3989 million yuan, up 91.60% year on year.

Mask machine enterprises also make a lot of money

During the epidemic, Sinopec once shouted, "I have meltblown cloth, who has mask machine?" As a key part of mask production, the mask machine, which used to sell for 800000 yuan, was fired to 4 million yuan because of "one machine is hard to find", making the manufacturer earn a lot.

In the evening of April 22, tostar (61.500,0.90,1.49%) developed the mask machine issued the first quarter report, with the revenue of 549 million yuan, an increase of 70.12% year on year; the net profit attributable to the shareholders of the listed company was 154 million yuan, an increase of 298.53% year on year.

The first quarter report released on April 29 by Haozhi electromechanical (13.480,0.08,0.60%), which undertook some production tasks of mask machine parts, showed that its revenue was 171 million yuan, an increase of 115.1% year on year, and its net profit attributable to shareholders of listed companies was 14.0454 million yuan, an increase of 542.51% year on year.

With the help of masks and other related businesses, in the evening of April 23, the first quarter report released by Evonik Technology (42.230, 1.32, 3.23%) also showed that the revenue was 556 million yuan, an increase of 21.52% year on year, and the net profit attributable to the shareholders of the parent company was 153 million yuan, an increase of 116.53% year on year.

However, affected by factors such as logistics and personnel return, some enterprises' mask related businesses did not significantly improve their first quarter performance, or even declined. For example, EVA shares (6.170,0.10,1.65%) with mask machine business had a net profit of 10.5999 million attributable to shareholders of the parent company in the first quarter, a year-on-year decrease of 55.01%.

Multiple masks concept share price doubled

The performance of mask related enterprises rose, which also pushed up mask concept stocks. For example, in the 47 trading days from February 3 to April 9, dawn shares gained 21 trading limit plates and won the "most bull mask concept share".

By the end of April 30, dawn shares rose 0.71% to close at $32.62 per share, with a market value of 13.3 billion yuan. Since the beginning of the year, it has risen 205.15%.

However, due to the fact that Dow's first quarter performance was far lower than the market expectation, some investors joked that "it seems that the enterprises that produce the melt blown materials for masks are not making as much money as they think." After the announcement of the financial statements, its share price fell sharply for two consecutive days.

As of April 30, in addition to dao'en, Yanjiang has doubled its share price, which has risen 132.93% since the beginning of the year. In addition, TEDA shares (7.310,0.13,1.81%), Jiangnan high fiber (3.570, - 0.16, - 4.29%) and other enterprises are also favored by investors. TEDA shares have risen 94.41% since the beginning of the year, and Jiangnan high fiber has risen 70.81% since the beginning of the year.

Long term or overcapacity of mask business

With a large number of orders in the first quarter, many mask related enterprises doubled their profits. But in the long run, can the mask business continue to drive up performance?

On March 8, dawn said in the announcement that up to now, the increase of orders for polypropylene melt blown special materials will have a certain positive impact on its business performance, but with the effective control of the epidemic, it is expected that orders for the product will gradually decrease in the future. "In the near future, many enterprises have newly put into production polypropylene melt blown special material, the market supply of this product is gradually increasing, and the industry has the risk of overcapacity."

In addition to melt blown materials, masks also face the risk of overcapacity.

According to the data of the professional edition of the enterprise survey, as of April 4, there were 69000 enterprises in China with masks in their business scope, of which 19000 were newly increased after the outbreak of the epidemic on January 25.

According to the national development and Reform Commission, on February 29, the daily output of masks in China, including ordinary masks, medical masks and medical N95 masks, reached 116 million. In 2019, the total annual output of masks in mainland China exceeded 100%.


  • 24-hour hotline0731-82182656

  • Emailinfo@zheyuan.cn

Address:Room 1726,brilliance Business Plaza, No.8, Section 2, Wanjiali Middle Road, Yuhua District, Changsha City, Hunan Province, China 湘ICP备20010194号 Site Map Technical support:连壁科技