A person in charge of a mask manufacturing enterprise in Jiangxi told the 21st century economic report that many mask manufacturers built factories in March and put into production in April. They began to sell poorly in May. They began to consider the transformation of production lines in June and July, and the phenomenon of chicken feather in one place may appear in the follow-up.
Cross border selling masks
Affected by the epidemic situation, stimulated by the huge demand at home and abroad, the original traditional mask and related industrial chain enterprises have increased production capacity, while a large number of cross-border enterprises have invested in the mask production chain. BYD, Foxconn, oppo, SAIC general Wuling, Zhongshun jierou, Sanyang underwear, red bean clothing, mercury home textile and other enterprises all joined the camp of the mask army.
Under the catalysis of mask production capacity, Tianhua ultra clean, Ogilvy medical, dawn shares, Yangpu medical, lanfan medical and Yingke medical all achieved good results in the first quarter. The performance of the above-mentioned enterprises in the first half of the year is also good, and the growth rate in the performance forecast is relatively high. For example, the performance of Xinlong holdings in the first half of the year is expected to increase by 2233% to 2995%. It is expected that the growth rate of medical performance will be 2582% to 2864%.
Since the beginning of this year, the cumulative increase of Zhende medical has exceeded 450%. Especially since June, Zhende medical has continued to climb. On July 21, its stock price soared to a historical high of 86.88 yuan.
According to the performance forecast released by Zhiyun on the evening of July 14, the net profit attributable to shareholders of Listed Companies in the first half of 2020 is expected to be 18.5 million yuan to 23.5 million yuan, and a loss of 62.9736 million yuan in the same period of last year. Thanks to the transformation of mask machine production in the first quarter of 2020, the net profit of Zhiyun shares belonging to shareholders of listed companies was 18.6118 million yuan, and the loss was 39.9381 million yuan in the same period of last year, with a year-on-year increase of 146.60%. Before that, most of them were in the state of loss.
On the evening of July 22, the robot said on the interactive platform of Shenzhen stock exchange that the production line and sales of masks in the first half of 2020 will make a positive contribution to the companys performance.
On the evening of July 14, Jilin chemical fiber issued a performance forecast. It is estimated that in the first half of 2020, the net loss attributable to shareholders of listed companies will be 70 million to 90 million yuan, and the profit in the same period of last year will be 70.7559 million yuan, with a year-on-year decrease of 190.28% to 216.07%. The net profit of the company in the first quarter was 15.48 million yuan, and the loss in the first half of the year was more than 70 million yuan, indicating that the company lost nearly 100 million yuan in the second quarter.
Jilin chemical fiber said that the main reason for the decline in performance was the impact of the epidemic in this period, especially the unexpected development of the epidemic situation in foreign countries, resulting in a sharp decline in the production and sales rate of the companys products.
It is understood that Jilin chemical fiber is mainly engaged in the production and sales of viscose fiber, engaged in the production and research and development of acetic anhydride, is the domestic industry leader.
It is worth noting that during the epidemic period, Jilin chemical fiber became the concept stock of mask due to the production of new bamboo fiber masks, and the share price of Jilin Chemical Fiber Co., Ltd. rose sharply. However, with the successive disclosure of the first quarter report and half year performance forecast, the mask did not become a new business to save the performance of Jilin chemical fiber, even not mentioned in the first quarter report and performance forecast.
In fact, with the development of the epidemic situation, mask concept stocks also performed the roller coaster market.
Since March, after the domestic epidemic situation has been controlled and the supply of masks has been basically stable, some listed companies, including some listed companies, have begun to target their export business. However, a large number of enterprises have been deterred by the success rate and time of export qualification.
In Mr. schlichens view, overcapacity is inevitable.
A Beijing dealer told the 21st century economic report that at present, the price of masks has dropped 90% from the peak, and the purchase price of meltblown cloth is 36000 yuan / ton, which is 1 / 20 of the highest price.
The mask concept stocks, which had been surging all the way in March, also fell back one after another, and the stock price nearly fell by half. For example, Dow, whose main business is the production of melt blown materials, has set a continuous 17 day limit after the year, which directly raised the stock price from 19.12 yuan per share to a historical high of 62.5 yuan per share. However, on July 23, dawn shares closed at 32.61 yuan per share.
After the Spring Festival, the stock price of water shares began to rise continuously from 19.31 yuan / share, and reached a peak of 44.76 yuan / share on March 9. So far, water shares have fallen more than 1 / 3. As of July 23, the stock price was 28.88 yuan / share.
In fact, the future development prospects of mask concept stocks can also be seen from the semi annual performance forecast of Hans laser. On the evening of July 14, Hans laser released the semi annual performance forecast of 2020. It is estimated that the net profit in the first half of the year will be 607-645 million yuan, with a year-on-year increase of 60% - 70%. The main reason for the rapid increase in performance is the rapid launch of a full range of mask machine products. Since March, the share price of Hans laser has risen by 37%, and its market value has increased by about 11.3 billion yuan.
Hans laser in this epidemic situation, belongs to the equipment company to respond quickly. On February 17, Hans laser automatic plane one drag two mask machine was officially sold. The original mask machine was developed by Hanshi precision automatic control (HACT), which can produce about 6000 masks per hour, and adjust the running speed and production schedule according to the actual needs. In early June, Hans laser said in an investigation that the number of masks delivered by the company had exceeded 1000, and the production capacity basically returned to normal. However, due to the gradual saturation of domestic mask production capacity, there is still some uncertainty in the subsequent equipment delivery. It is not ruled out that customers who have not yet issued the machine can cancel the order. The excess production capacity of masks may lead to the financial statements of these equipment factories in the second half of the year back to the original form.