What is the future prospect of CNNC titanium dioxide? How to calculate the investment value of CNNC titanium dioxide? What's the latest development of nuclear titanium dioxide?

In China's titanium dioxide industry, the output of titanium dioxide accounts for more than 90%. Among many titanium dioxide producers, the output of titanium dioxide from CNNC ranks second in China and sixth in the world, and it is the leading enterprise in China's titanium dioxide industry. In 2020, the company adjusted its sales plan in time to avoid the impact of the COVID-19 epidemic on the industry, and its revenue reached a record high. During the Tenth Five-Year Plan period, the company put forward the planning concept of "vertical promotion and horizontal circulation" and strived to build the world's most competitive "titanium dioxide production base and lithium ferrous phosphate production base".

Titanium owners want to list companies: Jinpu Titanium Industry (000545), Ananda (002 136), CNNC Titanium Dioxide (002 145), Longbai Group (00260 1) and Huiyun Titanium Industry (30089/kloc).

The core data of this paper: the output, gross profit margin and output rate of titanium dioxide.

1, comprehensive comparison of leading enterprises in titanium industry in China.

Titanium dioxide is the product with the highest production and sales ratio in China's titanium industry. For decades, the market scale has been growing. At present, the leading enterprises in China titanium dioxide market are Longbai Group and CNNC Titanium Dioxide. In 2020, the titanium dioxide output of Longbai Group and CNNC Titanium Dioxide will reach 8 1.72 million tons and 3 1.76 million tons respectively, ranking first and second in the national titanium dioxide output respectively.

2.CNNC titanium dioxide: titanium dioxide business layout.

The company's main products are high-grade rutile titanium dioxide, which is widely used in coatings, plastics, rubber, ink, paper making and other fields. CNNC titanium dioxide was founded in 1989, and rutile titanium dioxide was successfully produced in 1995. It was listed on Shenzhen Stock Exchange in 2007. After years of development, the company's rutile titanium dioxide production capacity reached nearly 400,000 tons, ranking second in the country and sixth in the world.

3.CNNC Titanium Dioxide: business layout and operation status of titanium dioxide.

—— Output of titanium dioxide: domestic output ranks second, and its market share continues to increase.

From 2015 to 2020, the output of CNNC titanium dioxide showed a fluctuating growth trend. 20 172400 tons, and the output will increase to 3 17600 tons in 2020, which is nearly 1 times in six years.

According to the statistics of the Titanium Dioxide Sub-center of the National Chemical Productivity Promotion Center and the Secretariat of the Titanium Dioxide Industry Technology Innovation Strategic Alliance, in 2020, the comprehensive output of all kinds of titanium dioxide and related products of all 42 full-process titanium dioxide production enterprises in China will be 35 1 ton, an increase of 330,000 tons compared with 20 19, with an increase rate of 10.39%. From 2015 to 2020, the output of titanium dioxide in China will increase from 2.32 million tons to 35 10000 tons in 2020, with an increase rate of over 50%.

Judging from the output of titanium dioxide production enterprises in China in 2020, the concentration of titanium dioxide market in China is relatively high at present, and the total output of the first two titanium dioxide production enterprises reaches 32%. Among them, Longyan Group has the highest proportion of output, reaching 23%; The output of nuclear grade titanium dioxide ranks second, reaching 9%.

According to the change of market share of CNNC titanium dioxide from 2015 to 2020, the proportion of output of 201518 company is relatively flat, about 7%-8%. Since 20 18, the market share of titanium dioxide products has steadily increased, reaching 9% in 2020.

-Sales of titanium dioxide: sales are on the rise, mainly titanium dioxide produced by sulfuric acid method.

From 20 15 to 2020, the company's titanium dioxide sales showed a fluctuating growth trend. In 2020, the company's sales of titanium dioxide reached 365,438+0.99 million tons, up 26.96% year-on-year. At that time, with the comprehensive utilization project of rutile titanium dioxide resources with an annual output of 654.38+10,000 tons put into production, the company's production capacity and output continued to expand, and sales gradually opened.

—— Patent related to titanium dioxide: It has the leading patent technology of titanium dioxide in China.

The company has mobilized the enthusiasm and creativity of scientific and technical personnel and enterprise employees by establishing an assessment and incentive mechanism. In recent years, * * * has been granted 19 invention patents and 62 utility model patents, and many titanium dioxide related patents are leading in China, creating good economic and social benefits for enterprises.

The company also introduced advanced technology from Europe and America, and fully digested and absorbed the imported technology, occupying a certain comparative advantage in the same industry. For example, in cooperation with TZMI, we introduced titanium tetrachloride double-effect seed technology, first-class packaging machine and roller mill from Germany, flash dryer from Denmark, sand mill from Switzerland, and through grafting production technology, we built an automated production system leading the same industry.

4.CNNC Titanium Dioxide: Adjust the sales strategy in time to achieve a new high against the market in 2020.

From the perspective of titanium dioxide revenue of China National Nuclear Titanium Dioxide, the company's titanium dioxide business revenue showed a fluctuating growth trend, which only declined in 20 18 years. The product revenue increased from 20 15 years to 3.692 billion yuan in 2020, an increase of nearly 1.5 times.

In 2020, the global titanium dioxide industry was frustrated by the epidemic, but the company adjusted its sales strategy in the first quarter, promoted export sales, and strengthened the cooperation mechanism with foreign trade customers, avoiding the blow to the industry caused by the peak of domestic epidemic; Then in the second quarter, both at home and abroad suffered from epidemics, and the domestic epidemic showed signs of improvement. The company adjusts the sales focus, promotes domestic sales and improves the cooperation mode with dealers. Through reasonable distribution, the company's income has reached a new high and its profitability has also improved. Its operating profit reached 557 million yuan, an increase of19 16 15%.

From the level of gross profit margin of titanium dioxide products of China Nuclear Titanium Dioxide, from 20 15 to 20 17, the gross profit margin of the products continued to grow and the products became more and more mature. The perfection of industrial chain and technological innovation are helpful to improve gross profit margin. After 20 17, with the intensification of market competition, the gross profit margin fluctuated and decreased. In 2020, the gross profit margin of titanium dioxide products will reach 26.59%, but it is still at a good level in the industry.

5.CNNC Titanium Dioxide: Titanium Dioxide Business Development Plan.

The company attaches great importance to the sustainable development of enterprises. Focusing on the focus of the Tenth Five-Year Plan, combined with the company's business status and characteristics, this paper puts forward the strategic means of endogenous growth and outreach mergers and acquisitions, focusing on the three business sectors of "resources, titanium chemicals and new materials", comprehensively arranging the upstream and downstream of the industrial chain, creating a green circular industrial economy, and building the most competitive titanium dioxide production base and lithium ferrous phosphate production base in the world during the Tenth Five-Year Plan period.

Specifically, based on the existing production capacity of 654.38+10,000 tons of crude titanium dioxide of Dongfang Titanium Industry, a wholly-owned subsidiary, the company will cooperate with silver chemical enterprises to form a closed loop of circular economy industry, create complementary development of chemical enterprises in the region, realize on-site transformation and digestion of silver waste acid, waste residue, hazardous chemicals and solid waste, and build a combination of enterprise cycle, park cycle and industrial cycle.

The above data refer to Foresight Industry Research Institute's China Titanium Industry Development Prospect Forecast and Investment Strategic Planning Report.