Our reporter Zhao Xueyi trainee reporter Zhang Xiaoyu
On August 27, Zhonghong Medical released 2021 and half years. In the first half of the year, the company achieved revenue of 3647 billion yuan, an increase of 221.17% year-on-year; the net profit attributable to shareholders of listed companies was 2089 million yuan, a year-on-year increase of 351.08%;
Chief Researcher, Chief Researcher, China Steel Economics, Hu Yimu Securities Daily \”reporter analysis\” said: \”In the first half of this year, the global epidemic situation has repeatedly under the influence of strains, and there is also a small range of exudation of the epidemic in China. Therefore, the demand for medical disposable gloves is still strong. From the company’s own business First, it is important to focus on the development and quality of the product, and the second is to deep-moving the global market, there is a stable customer group, and is constantly expanding cooperation with large medical institutions. Therefore, despite the indigenous capacity in the expansion, the market competition is more fierce, the company is still By building its own core competitiveness, the market opportunities were seized, and the performance of the performance of the performance was achieved. \”
The protective glove camp increased by more than 2 times
Zhonghong Medical mainly engaged in high quality but nitrile gloves , The research and development, production and sales of medical and industrial disposable protective gloves such as PVC gloves is one of the earliest production and sales of PVC gloves and nitrile gloves. At present, there is about 9 billion nitrile gloves, and the production capacity of PVC gloves reaches approximately 8 billion, and PE gloves are 2.5 billion, and the total production capacity is about 19.5 billion.
The half-year report showed that China-Honghua Medical Protective Gloves achieved $ 3642 billion in the first half of this year, a year-on-year increase of 262.59%, gross profit margin is 72.19%, an increase of 20.14% over the previous year.
The Dean of the Depth Science and Technology Research Institute Zhang Xiaoyong said in an interview with the \”Securities Daily\” report: \”With the continuous recurrence of the epidemic, some countries and regions affected overseas, for one-time health protection gloves Demand has always been relatively strong. In this context, while increasing production capacity and production efficiency, the company is working hard to improve product quality, with a number of viscous partners, so company performance has greatly improved. \”
For the sustainability of China-Honghua Medical Future Performance, Hu Yimu believes that \”First, the repetition of the epidemic allows the demand for medical institutions and epidemic prevention institutions to be strong, on the other hand, the company focuses on the line on the channel expansion In combination, there is also a good development of the demand for the C-terminal market. In the context of epidemic prevention and control, this demand is sustainable, the company has further improved products for brands and product quality. Market competitiveness, although it will be affected by competition in the industry in the short term, the company’s future performance is available. \”
The disposable health glove market has great potential
With the rapid development of the economy and the continuous repetition of the new crown pneumonia epidemic, the market for a one-time health gloves is huge.
According to Flfos TsisatiThe report is expected that global sales will increase to 12.85.1 billion in 2025, and the compound annual growth rate is 15.9% (according to the sales volume of the 2019 sales of 5.9 billion), where the annitation of nitrile demand is about 19.8%.
Nowadays, some countries have risen medical protection equipment storage standards to national strategic levels. my country’s Health and Health Committee proposes to regulate the correct and reasonable use of gloves and other protective supplies, further accelerate the world’s disposable glove market demand. growth of. In addition, Malaysia, Thailand and other major one-time health gloves producers are seriously influenced by overseas epidemic, and the capacity utilization rate cannot meet the global market demand.
In this context, Zhonghong Medical has added a new year of 3 billion Nitrile Phase III project and subsidiary Jiangxi Zhonghong Pulin Medical Products Co., Ltd.. 2.5 billion PE projects. In the second half of the year, the company will have multiple projects to put production, and it is expected that new disposable gloves will reach 9.5 billion.
It is worth noting that Zhonghong Medical Semi-annual report shows that the original large manufacturers have rapidly expand their original larger manufacturers, while the rich profits attract a large number of new entrants into the industry investment plant, manufacturers It is possible to face a large competitive pressure within a certain period of time. In the face of market environmental changes, China Red Medical Semi-Japanese newspaper proposes the chances of controlling investment in investment, seizing industry development, and avoids the phased risk of blindness. The company is actively expanding new tracks in the field of medical devices. It is planned to expand the company’s business scope by investment, mergers and acquisitions, incubation, joint development, etc.
Timing Digital Economic Wisdom Senior Researcher Wu Yan Ying said on the \”Securities Daily\” reporter: \”The current epidemic is constantly repeated, some countries and regions are still affected by epidemic prevention, gloves protective products The demand is still strong, especially high quality, high-quality products. With the new expansion project of Zhonghong Medical, the increase in business volume increases the scale advantage, which is beneficial to improve industry competitiveness. \”
[ 123] In Zhang Heping, \”Zhonghong Medical provides services to customers global customers. The products are exported to more than 100 countries and regions around the world. Although new production in the industry can expand the product supply, the company is expected to make the company with the first advantage and high quality word of mouth Performance in the short term will continue to maintain a good momentum. \”
(Edit Li Bo)