The most hot coal enterprises have a loss of more

2022-09-22
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Coal enterprises with a loss of more than 80% to save the market and reduce the burden may be difficult to change the contradiction between supply and demand

coal enterprises with a loss of more than 80% to save the market and reduce the burden may be difficult to change the contradiction between supply and demand

China Construction machinery information

the loss of the coal industry continues to increase

recently, the China Coal Industry Association said that in the first two months of this year, the 90 large-scale enterprises that the association mainly contacted lost 13.1 billion yuan (the profit in the same period last year was 11.2 billion yuan), with a loss of more than 80%

since last year, the national development and Reform Commission, the energy administration and other relevant departments have carried out many actions to save the market and reduce the burden. Data show that the overall tax burden of coal resources decreased by 2.23 billion yuan in the first two months of this year. Nevertheless, the losses of coal enterprises are still increasing

analysts believe that at present, rescuing the market will only make coal plastic additives green, which is the premise of realizing the environmental friendliness of plastic materials. The carbon market will improve in the short term, and cannot change the main contradiction of oversupply

since 2015, coal prices have continued a downward trend, the proportion of loss making enterprises has increased significantly, and the overall profitability of the industry continues to deteriorate

data show that the average price of most major producing areas in the first quarter of 2015 fell by 15% to 20% year-on-year. On a year-on-year basis, the year-on-year decline in most regions in the first quarter of 2015 was between 15% and 20%. In terms of coal types, anthracite fell more year-on-year, with an average range of about 22%; The average decline of coking coal is about 20%; The year-on-year decline of high and low calorific value thermal coal is relatively small, with an average decline of about 15%

the latest China coal price index was 134.4, down 3.4% from the beginning of the year. The benefits of coal enterprises also fell sharply. In the first two months, the profit of Coal Enterprises above designated size was 8.27 billion yuan, a year-on-year decrease of 62.6%, an increase of 16.4 percentage points over 2014; The loss of loss making enterprises was 16.55 billion yuan, an increase of 32.4% year-on-year, and the national coal state-owned and state-controlled enterprises suffered overall losses

in this regard, Wang Xianzheng, President of the China Coal Industry Association, said that since May 2012, the downward trend of the coal economy has continued for 35 months, and the operating pressure of enterprises is increasing. Especially since this year, the production and sales of coal have declined, prices have declined, inventories have remained high, and enterprise profits have decreased significantly

judging from the performance forecast that has been released, Shanxi Coking & Chemical Co., Ltd. lost 88 million yuan in the first quarter of net profit in advance, a year-on-year decrease of 3. Torque coefficient analysis: the bolts are in the process of tightening, and the company achieved a net profit of 19.674 million yuan last year; Shenhuo Co., Ltd. expects that the net profit loss in the first quarter will be 90million yuan to 100million yuan with the increasing proportion of plastic packaging in the packaging industry

zuguopeng, an analyst at CITIC Securities, said that at present, the inventory of all kinds of coal is still high, and there is no sign of stabilization in downstream demand. The well-known coal price of Jinan test gold in the second quarter may still be adjusted downward. It is estimated that the price of various types of coal decreased by 8% to 10% month on month in the second quarter, with a year-on-year decrease of more than 20%. In the second quarter, most enterprises will suffer losses in a single quarter, and the proportion of overall loss making enterprises in the interim report will exceed 50%

it is reported that due to the difficulties of the coal industry, the Ministry of finance is currently studying reducing the value-added tax rate of coal from the current 17% to 13%

Deng Shun, an analyst, said that the starting point of the tax rate reduction was to reduce the burden on coal enterprises, but it further opened up space for the decline in coal prices. The contradiction between supply and demand is acute, the sales volume decreases faster than the output, and the supply is difficult to shrink, but the demand is not booming. Relying on coal enterprises to consciously reduce production is unlikely

the contradiction of oversupply in the coal market is not optimistic, and coal prices are still falling this year

China Coal Association will further control the total amount of coal and stabilize the coal price this year, and strive to reduce the coal output by 5% year-on-year on the basis of 2014

Deng Shun also believes that the market rescue policy last year was relatively awesome. The coal price rose in the third and fourth quarters and began to decline this year. It is difficult to change the current situation of the coal market. We can only rely on the market law, and the price drops to a certain extent. Some coal enterprises can't stand it and can only withdraw. Coal enterprises are either transformed or eliminated

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