DMC is down again! Oil prices plunged by 5%, Huawei's revenue plunged by 32%, and wacker's sales increased by 40% year-on-year
Hits: 903
img
Global silicone network on November 5: Recently, Huawei released the third quarter financial report of 2021. According to the financial report, Huawei achieved a sales revenue of 455.8 billion yuan in the first three quarters, a year-on-year decrease of about 32%!
It should be noted that the revenue and profit of the third quarterly report do not include the previous comprehensive acquisition of glory brand by Shenzhen Zhixin new information technology Co., Ltd. in this regard, Guo Ping, chairman in office of Huawei, pointed out that the overall operating results are in line with expectations. On a year-on-year basis, in the first three quarters of 2020, the company achieved a sales revenue of 671.3 billion yuan and a net profit margin of 8.0%. Based on this calculation, the revenue in the first three quarters of this year decreased by about 32% year-on-year, and the net profit margin increased.
Huawei's rotating chairman said: "the overall operating results meet expectations, the to C business is greatly affected, and the to B business performance is stable. We will continue to strengthen technological innovation, R & D investment and talent attraction, and continuously improve operational efficiency. We are confident that we can continue to create value for customers and society."
After more than half a month of market retreat, nearly half of the organic silicon raw materials such as DMC returned to 30000 +. The industry said that 30000 + is conducive to the long-term healthy and rational development of the industry and is more conducive to mobilizing the enthusiasm of downstream work. The downstream spring is coming!
The "2021 China fluorosilicone industry green development conference" was successfully held in Nanchang. Good news came out that China's silicone industry has a strong development momentum. Public information shows that the capacity of silicone methyl monomer in China is 3.705 million tons / year, accounting for 60.19% of the global capacity of silicone monomer; It is estimated that 700000 tons of new capacity will be added by the end of the year. By the end of 2021, the capacity of silicone methyl monomer in China will be 4.405 million tons / year, accounting for 64.25% of the global capacity of silicone monomer.
Among the monomer output, from January to September 2021, China's consumption of polymethylsiloxane reached 1177400 tons, a year-on-year increase of 19.75%. The single volume used in China reached 940600 tons, a year-on-year increase of 17.91%. Apparent consumption was 1013500 tons, with a year-on-year increase of 11.64%. From January to September this year, the import of primary polysiloxane was 105100 tons, a year-on-year decrease of 4.56%; Polysiloxane exported 259000 tons, with a year-on-year increase of 46.14%, accounting for 22.25% of the production; The net export of polysiloxane in primary shape was 153900 tons, with a year-on-year increase of 129.30%.