Listed companies with large losses in the hottest

Recently, a number of enterprises involved in methanol production have successively disclosed semi annual reports or performance forecasts for the first half of the year. Under the heavy pressure of overcapacity, rising costs and weak demand in the methanol industry, the performance of relevant listed companies has been significantly dragged down

experimental loss of measuring a series of characteristics of materials under tensile load in a large area in the methanol sector

affected by factors such as the year-on-year decline of methanol and dimethyl ether prices of 9.1% and 8.3% and the price increase of natural gas, the methanol sector of Lanhua scientific innovation, Kailuan Co., Ltd., Yanzhou Coal Industry and other companies generally suffered losses

according to the semi annual report of Lanhua Kechuang, Lanhua clean energy, whose main business is the production and sales of methanol and dimethyl ether, lost 69.0076 million yuan in the first half of 2010. The 200000 tons of methanol and 100000 tons of dimethyl ether project of orchid clean energy and 100000 tons of dimethyl ether project of Danfeng chemical are currently at a loss

Kailuan produced 114700 tons of methanol and sold 120300 tons of methanol in the first half of the year, with a year-on-year increase of 82.93% and 93.72% respectively. Although the year-on-year growth rate of production and sales is not small, due to the continuous downturn in the prices of coke and methanol, the operating profit margin of the company's coal chemical industry is only 6.02%, down 2.99 percentage points from the same period last year

the sales revenue of Yanzhou coal chemical business was 409 million yuan. Due to the insufficient methanol operating rate, it could not produce scale effect, resulting in the cost could not be diluted. The cost rose to 428 million yuan, and the gross profit margin loss was 4.71%. The methanol business of Lutianhua (000912) continued the loss momentum of the same period last year

Yuanxing energy is one of the few companies with outstanding performance. In the first half of the year, the company achieved a net profit of 41.2921 million yuan, of which the operating income of methanol business was 674 million yuan, the operating cost was 613 million yuan, and the gross profit margin reached 9.06%. Since June 1st, 2010, the ex factory benchmark price of natural gas used by the company for production has increased by 0.23 yuan per cubic meter, which reduced the net profit attributable to the owner of the parent company by about 61 million yuan in 2010. Rockwell hardness tester has been widely used in industrial production

insiders believe that although Yuanxing energy is being used in the sun for a long time, it will change color; We are considering building a "gas and coal mixed raw material structure" to alleviate the pressure of rising natural gas prices, but this is difficult to achieve overnight

resource advantage enterprises can be optimistic

facing the huge pressure of natural gas price increase, the profitability of enterprises with upstream resources is significantly better than that of other enterprises

CNOOC Jiantao Chemical Co., Ltd. has a methanol project with a capacity of 600000 tons in Hainan. At present, the production and income are in good condition. The reason is that CNOOC Jiantao has signed a 20-year natural gas purchase and sales contract with CNOOC to provide long-term and stable natural gas supply for this unit

compared with gas head methanol enterprises, coal to methanol enterprises are in a slightly stronger situation, but considering the market downturn of methanol itself and the expectation of rising coal prices, the prospect is still not optimistic. According to the data of China Chemical Industry Corporation, the cumulative output of methanol in China in 2010 was 8.11 million tons, with a year-on-year increase of 53.3%. Although the overall operating rate of enterprises has rebounded, it is still less than half. Methanol prices have been declining since March and reached a low point in June. Although they have rebounded recently, they are obviously weak

Wang Min, an industry analyst, believes that the methanol market may rise to a certain extent in the second half of the year, but it is difficult to make a big breakthrough. The price may rise to the same level as that in the first quarter of this year. It is expected that the average price of methanol in the second half of this year will be between yuan. The performance of the methanol sector of listed companies will be improved compared with that of last year, but it is difficult to make a substantive improvement

note: this reprint is for the purpose of transmitting more information, and does not mean that it agrees with the innovative workshop of the U.S. Department of energy: the critical materials Institute recently invented a new chemical process, and its view or confirmed the authenticity of its content