[ihc-hide-content ihc_mb_type="show" ihc_mb_who="reg,2,4,5" ihc_mb_template="1" ] <p class="pHead"><span>三季度末,一系列盈利的化工業務出現增長,尤其是化肥業務。</span></p> <p class="pBody"><a href="https://finance.vietstock.vn/" target="_blank" rel="noopener noreferrer"><span>據VietstockFinance</span></a><span>統計,在已公佈2022年三季度財報的42家化工企業中,有17家盈利增長,2家扭虧為盈;21家企業利潤減少;期間有 4 名輸家。</span></p> <table class="img-content" align="center"> <tbody> <tr> <td> <div class="pImgAuthor"><span>淨利潤最大的10家企業</span></div> <img src="https://image.vietstock.vn/2022/11/16/Hoa-chat-quy-3-top-lai.jpg" alt="" align="center" /></td> </tr> </tbody> </table> <p class="pSubTitle"><span>糞便漲價,“大佬”收萬億</span></p> <p class="pBody"><span>Duc Giang Chemical ( </span><a href="https://finance.vietstock.vn/HOSE-so-giao-dich-chung-khoan-thanh-pho-ho-chi-minh.htm" target="_blank" rel="noopener noreferrer"><span>HOSE</span></a><span> : </span><a href="https://finance.vietstock.vn/DGC-ctcp-tap-doan-hoa-chat-duc-giang.htm" target="_blank" rel="noopener noreferrer"><span>DGC</span></a><span> ) 是第三季度利潤最大的化工企業之一。具體而言,這家化工巨頭報告第三季度收入超過 3.7 萬億越南盾,增長 75%;淨利潤超過1.4萬億盾,比去年同期高出近3倍。這也是</span><span>DGC</span><span>自2021年第四季度以來連續第四個季度盈利超過萬億盾。累計9個月,公司完成營收計劃的93%,完成2022年全年盈利目標的近41%。</span></p> <table class="img-content bg-chart" align="center"> <tbody id="ctbody"> <tr> <td class="title-chart" colspan="3"><span>DGC</span><span>連續第四個季度利潤超過萬億盾</span></td> </tr> <tr id="ctr0"> <td colspan="3"> <div class="col-md-12"><iframe id="ifrmChart0" src="https://finance.vietstock.vn/drawchart/finance?gui=f2ec1de1-9778-47a7-b9b3-d0a6caf505e0" width="100%" height="300" frameborder="0" scrolling="no" data-mce-fragment="1"></iframe></div></td> </tr> </tbody> </table> <p class="pBody"><span>根據</span><span>DGC</span><span>的解釋,這一成功的業績來自核心產品的產量和銷售價格的增加,有助於增加收入。其中,黃磷銷量增長171%,化肥產品銷量增長32%,WPA銷量增長68%)。此外,金融活動也呈現出較好的效果,存款利息收入和匯差收入雙雙增長強勁。</span></p> <p class="pBody"><span>該行業的另一大公司 Ca Mau Fertilizer ( </span><span>HOSE</span><span> : </span><a href="https://finance.vietstock.vn/DCM-ctcp-phan-bon-dau-khi-ca-mau.htm" target="_blank" rel="noopener noreferrer"><span>DCM</span></a><span> ) 也有一個成功的季度,收入超過 3.3 萬億越南盾,淨利潤近 7280 億越南盾,分別比去年同期增長 83% 和 93% . . 製成品消費同比增長30%。化肥價格繼續居高不下——具體而言,尿素達到 13,781 越南盾/公斤(上漲 32%),氮磷鉀達到 14,045 越南盾/公斤(上漲 20.4%)——有助於增加母公司的銷售額。與此同時,得益於匯兌差額利潤,財務收入也大幅增長。</span></p> <table class="img-content bg-chart" align="center"> <tbody id="ctbody"> <tr> <td class="title-chart" colspan="3"><span>大佬金甌化肥也有過成功的經營期</span></td> </tr> <tr id="ctr0"> <td colspan="3"> <div class="col-md-12"><iframe id="ifrmChart0" src="https://finance.vietstock.vn/drawchart/finance?gui=10231d45-d3b9-4110-8b18-1ee712546967" width="100%" height="300" frameborder="0" scrolling="no" data-mce-fragment="1"></iframe></div></td> </tr> </tbody> </table> <p class="pBody"><span>累計 9 個月,</span><span>DCM</span><span>報告收入近 11.5 萬億盾,同比增長 90%。稅前利潤和稅後利潤分別比去年高出4倍,分別接近3.5萬億和3.3萬億盾。</span></p> <p class="pBody"><span>類似的是 PetroVietnam Fertilizer and Chemicals Corporation ( </span><span>HOSE</span><span> : </span><a href="https://finance.vietstock.vn/DPM-tong-cong-ty-phan-bon-va-hoa-chat-dau-khi-ctcp.htm" target="_blank" rel="noopener noreferrer"><span>DPM</span></a><span> ),其收入接近 3.9 萬億越南盾(同比增長 38%),淨利潤接近 1 萬億越南盾(+61%)。9個月的淨利潤達到超過4.4萬億盾,是同期的3倍,比2022年的盈利計劃高出28%。這也是這家化肥巨頭利潤創紀錄的時期。</span></p> <p class="pBody"><span>根據</span><span>DPM</span><span>的解釋,化肥產量和售價的增加導致第三季度的經營業績良好,利潤率也有所改善。如果同期 100 盾的收入帶來 36.9 盾的毛利潤,到 2022 年第三季度,這個數字將達到 38.3 盾。</span></p> <table class="img-content bg-chart" align="center"> <tbody id="ctbody"> <tr> <td class="title-chart" colspan="3"><span>DPM成功經營期</span></td> </tr> <tr id="ctr0"> <td colspan="3"> <div class="col-md-12"><iframe id="ifrmChart0" src="https://finance.vietstock.vn/drawchart/finance?gui=ea04eaff-bba4-491c-b90e-c5f93b5aef9a" width="100%" height="300" frameborder="0" scrolling="no" data-mce-fragment="1"></iframe></div></td> </tr> </tbody> </table> <p class="pBody"><span>肥料市場的有利走勢也提振了 Ha Bac Fertilizer(UPCoM:</span><a href="https://finance.vietstock.vn/DHB-ctcp-phan-dam-va-hoa-chat-ha-bac.htm" target="_blank" rel="noopener noreferrer"><span>DHB</span></a><span>)的利潤。三季度末,</span><span>DHB</span><span>實現營收超過1.7萬億盾(增長44%);淨利潤超過3470億盾,比去年同期高出近3倍。這也是</span><span>DHB</span><span>在長期虧損後連續第5個季度實現大額盈利。</span></p> <p class="pBody"><span>雖然不是化肥專業,但一些化工企業也取得了不錯的成績,如</span><a href="https://finance.vietstock.vn/LIX-ctcp-bot-giat-lix.htm" target="_blank" rel="noopener noreferrer"><span>LIX</span></a><span>(淨利潤530億盾,同比增長2.5倍)、</span><a href="https://finance.vietstock.vn/CSV-ctcp-hoa-chat-co-ban-mien-nam.htm" target="_blank" rel="noopener noreferrer"><span>CSV</span></a><span>(淨利潤超過1000億盾,同比增長2.6倍) , </span><a href="https://finance.vietstock.vn/SDN-ctcp-son-dong-nai.htm" target="_blank" rel="noopener noreferrer"><span>SDN</span></a><span>(淨利潤79億盾,同比增長15.7倍),或</span><a href="https://finance.vietstock.vn/LTG-ctcp-tap-doan-loc-troi.htm" target="_blank" rel="noopener noreferrer"><span>LTG</span></a><span>(淨利潤640億盾,同比翻番)。</span></p> <p class="pSubTitle"><span>陰鬱的色塊</span></p> <table class="img-content" align="center"> <tbody> <tr> <td> <div class="pImgAuthor"><span>多家企業三季度後利潤大幅下滑</span></div> <img class="img-scaled" src="https://image.vietstock.vn/2022/11/16/Hoa-chat-quy-3-top-gi%E1%BA%A3m.jpg" alt="" align="center" /></td> </tr> </tbody> </table> <p class="pBody"><span>仍有一些化肥企業業績下滑,例如</span><span>DAP - VINACHEM</span><span>股份公司(UPCoM:</span><a href="https://finance.vietstock.vn/DDV-ctcp-dap-vinachem.htm" target="_blank" rel="noopener noreferrer"><span>DDV</span></a><span>)的收入和淨利潤均出現倒退,分別下降 6%(至 7420 億越南盾)和 17%。(達到570億盾)同期。這個降幅其實並不算太大,主要是消費量的減少(當季消費量同比下降近39%,為3.66萬噸)。不過,平均售價上升了52%,並未對總收入造成太大影響。</span></p> <table class="img-content bg-chart" align="center"> <tbody id="ctbody"> <tr> <td class="title-chart" colspan="3"><span>DDV</span><span>收入和利潤均回落,但累計增長</span></td> </tr> <tr id="ctr0"> <td colspan="3"> <div class="col-md-12"><iframe id="ifrmChart0" src="https://finance.vietstock.vn/drawchart/finance?gui=b8b0c94c-5c4c-401e-8f3f-19a7972da42b" width="100%" height="300" frameborder="0" scrolling="no" data-mce-fragment="1"></iframe></div></td> </tr> </tbody> </table> <p class="pBody"><span>而如果考慮9個月的積累,</span><span>DDV</span><span>仍然實現了收入增長(近25億盾,增長13%);淨利潤是去年同期的2.2倍,達到3500億盾。</span></p> <p class="pBody"><span>中央石化化肥股份公司(</span><a href="https://finance.vietstock.vn/HNX-so-giao-dich-chung-khoan-ha-noi.htm" target="_blank" rel="noopener noreferrer"><span>HNX</span></a><span>:</span><a href="https://finance.vietstock.vn/PCE-ctcp-phan-bon-va-hoa-chat-dau-khi-mien-trung.htm" target="_blank" rel="noopener noreferrer"><span>PCE</span></a><span>)因產量大幅下降,利潤減半,稅後利潤為38億越南盾,同比下降56%。</span><span>Binh Dien Fertilizer ( HOSE</span><span> : </span><a href="https://finance.vietstock.vn/BFC-ctcp-phan-bon-binh-dien.htm" target="_blank" rel="noopener noreferrer"><span>BFC</span></a><span> )的淨利潤甚至除以 4,在第三季度後達到 61 億越南盾。</span></p> <p class="pBody"><span>與此同時,大多數橡膠企業在第三季度的經營前景都不容樂觀,這很可能是因為近期世界橡膠價格持續下跌。東京商品交易所(TOCOM)5噸橡膠期貨合約價格從2022年6月24日135萬日元/合約的高點連續下跌,16日見底,9月接近1.1每份合約百萬日元,或從峰值下降超過 20%。</span></p> [/ihc-hide-content]