09

2024

-

12

2023 China TOP 10 Listed Companies In Silicone Have Been Announced.

Source:


According to the statistics and analysis from the "China Fluorosilicon Industry Operation Briefing (Issue 87, 91)", the top 10 listed companies in organic silicon in China for 2023 have been selected.

 According to the statistics and analysis from the "China Fluorosilicon Industry Operation Brief (Issue 87, 91)", the top 10 listed companies in China's organic silicon industry (excluding monomer enterprises) for 2023 are (in no particular order): Jianghan New Materials, Silicon Treasure Technology, Huitian New Materials, Chenguang New Materials, Hongbo New Materials, Runhe Materials, Xinyaqiang, Jinyinhai, Jitai Co., and Chenhua Co. In 2022, these ten companies had a total asset of 27.7 billion yuan, an increase of 23.03% year-on-year; operating income of 20 billion yuan (of which the sales revenue of organic silicon products accounted for about 74.90%), an increase of 17.63% year-on-year; net profit attributable to shareholders of listed companies was 3.2 billion yuan, an increase of 24.86% year-on-year; the average profit margin was about 15.78%, higher than 14.87% in 2021; R&D investment was 816 million yuan, an increase of 23.87% year-on-year, with the average R&D investment accounting for 4.07% of sales revenue, slightly higher than 3.87% in 2021. A comparison of the main indicators of the top ten organic silicon listed companies in China between 2021 and 2022 is shown in Figure 1.

The growth rates of operating income, profit, and average profit margin of the top 10 organic silicon listed companies in China (excluding monomer enterprises) are compared with four foreign companies (Dow, Aiken, Wacker Chemie, Shin-Etsu) and five Chinese companies (Hesheng Silicon Industry, Xin'an Co., Dongyue Silicon Materials, Xingfa Group, and Sanyou Chemical) in the global top 10, as shown in Figure 2.

From Figure 2, it can be seen that the growth rates of operating income, profit, and average profit margin of the top 10 organic silicon listed companies in China (excluding monomer enterprises) are all higher than the average values of the five monomer enterprises, including Hesheng Silicon Industry, Xin'an Co., Dongyue Silicon Materials, Xingfa Group, and Sanyou Chemical; except for the growth rate of operating income, which is lower than the average values of the four foreign companies (Dow, Aiken, Wacker Chemie, Shin-Etsu), the profit growth rate and average profit margin are both higher than the average values of Dow, Aiken, Wacker Chemie, and Shin-Etsu.

Related Blog

2024 China Fluorosilicon Industry Patent Selection Results Announcement (Silicone Specialty).

According to the "Patent Award Evaluation Method for the Chinese Fluorine and Silicon Industry", the 2024 China Fluorine and Silicon Industry Patent Award (Silicone Specialty) has selected 2 special awards, 4 first prizes (2 tied), and 12 excellence awards, which are now announced for public notice. The public notice period is from October 14 to October 18, 2024.

Dec 09,2024

The Ministry of Central Social Work Held A Summary Meeting for The Second Batch of Thematic Education On Studying and Implementing.

On February 5th, the Central Social Work Department held a summary meeting for the second batch of national industry association and chamber of commerce to study and implement Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era.

Dec 09,2024

2023 China TOP 10 Listed Companies In Silicone Have Been Announced.

According to the statistics and analysis from the "China Fluorosilicon Industry Operation Briefing (Issue 87, 91)", the top 10 listed companies in organic silicon in China for 2023 have been selected.

Dec 09,2024