The development path of app of golden light paper,

The development path of paper giant golden light paper app

release date: Source: China finance editor: Yu Jia number of Views: 4766 copyright and disclaimer

core tip: golden light paper app was founded by Mr. Huang Yichong, a well-known Chinese entrepreneur in Asia. Since entering China in 1992, it has successively established the "golden light" app represented by Jindong, Ningbo Zhonghua, Ningbo Asia, jinhuasheng, jinhongye, Hainan Jinhai, Guangxi Jingui, etc It is a world leading large-scale pulp and paper enterprise and a large-scale modern fast-growing forest area

[China Packaging News] golden light paper app was founded by Mr. Huang Yichong, a well-known Chinese entrepreneur in Asia. Since entering China in 1992, it has successively established world-leading large pulp and paper enterprises represented by Jindong, Ningbo Zhonghua, Ningbo Asia, jinhuasheng, jinhongye, Hainan Jinhai, Guangxi Jingui, and large-scale modern fast-growing forest areas. After 30 years of unremitting efforts, golden light paper app has developed into one of the top ten paper industry in the world, with a total asset of more than 10 billion US dollars, an annual total production and processing capacity of about 10 million tons, and more than 1 million hectares of fast-growing forests. This time, through the power off analysis of the development process, revenue and production and marketing of the app of golden light paper industry, we try to get the Enlightenment of the growth direction of paper enterprises

the market share of papermaking giants is leading. As of Q1 2017, the company's annual production capacity of pulp, paper and paper products totaled 10.4 million tons, making it the largest wood pulp papermaking enterprise in China. The production capacity structure includes 3.65 million tons of cultural paper, 2.6 million tons of industrial paper, 1.32 million tons of household paper, 2.1 million tons of pulp and 730000 tons of paper products. The market share of the company's main paper varieties ranks in the forefront, with a high market position and strong technological competitive advantages. As of 2016, the domestic market share of the company's coated paper is about 43%, white card paper is about 29%, carbon free carbon paper is about 37%, and household paper is about 21%. We observed that in the late stage of diversification, the company's main new production capacity focused on the paper that has formed an absolute market dominant position, in order to obtain stronger scale effect and market pricing power

the gross profit margin of product diversification tends to be stable. The revenue scale of the company ranks first in the domestic paper industry. In recent years, the operating revenue and net profit have shown a steady growth trend. The compound growth rate of revenue and profit in the five years is about 4%. Since 2014, the gross profit margin has also shown a stable trend. The company has a wide range of products and diversified structure, which can resist market fluctuations to a certain extent. The gross profit margin of cultural paper and household paper, which account for the highest proportion of the company's profits, has been maintained at about 20% and 29% all year round, with a floating range of less than 1%. We believe that it is related to the company's leading market positioning and strong pricing power in these two kinds of paper. The company is also a pioneer in the integration of Forest Pulp and paper. Various setting conditions can be directly input from other electromechanical, frequency converter and screw rod. The self-sufficiency rate of wood pulp in the company is 45%, and the self-supporting forest area and pulping capacity rank first in China

the financial cost is high, and the financing channels will be more open in the future. The company's financial expense ratio% is at a high level in the industry, which is significantly higher than that of Hong Kong stock company Nine Dragons Paper Co., Ltd. with the same volume, and higher than that of domestic listed company Sun Paper Co., Ltd. In March, 2018, it was approved as the "special asset support plan of the State Council golden light the Belt and Road", with a total issuance scale of 5.5 billion yuan. The raised funds can be used to import raw materials from countries along the "the Belt and Road" and expand production in the radiation area of the "the Belt and Road", and support the "the Belt and Road" golden Rudong science and technology industrial base and high-end household paper project, which will provide new growth impetus for the company's next development

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