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Copper level in low profit era|copper tube

 

 

Income Max increases. Copper smelting enterprises have maintained a general increase in operating income. Copper prices fell but revenue rose mainly by the production increase.
Smelting enterprises overall profit. Despite the three largest copper smelting company increased its income this year, down to each product is a very profitable business, especially the main business of electrolytic copper smelting average gross margin less than 2%, processed products and chemical products gross profit rate is relatively high, but the smaller proportion of income.
Inventory turnover rate. Business management ability, we focus on Enterprise inventory turnover in days this indicator, usually, less turnover days, indicating the faster inventory liquidation. We counted three major copper smelting enterprises of this index is at an all-time low.
Non-recurring gain. Non-ferrous metal industry is one of the pillar industries of the national economy, non-ferrous metals companies mature, application of derivative instruments is very common. Through our analysis of mergers reported investment income, part of smelting enterprises investing in commodities futures gain in the first half, commodities produced large amounts of non-recurrent revenue.
Opportunities and challenges. Due to volatility of copper prices, along with sustained output growth, not increased profits by smelting companies are facing increasing. Countries launch a series of the second half of "stable growth" and "micro-stimulation" measures, liquidity has improved, but because of Indonesia's resumption of exports of copper concentrates and copper further release of new capacity in the world, is bound to the repression caused copper price in the future.

Income Max increases. Copper smelting enterprises have maintained a general increase in operating income. Copper prices fell but revenue rose mainly by the production increase.

 

 

Smelting enterprises overall profit. Despite the three largest copper smelting company increased its income this year, down to each product is a very profitable business, especially the main business of electrolytic copper smelting average gross margin less than 2%, processed products and chemical products gross profit rate is relatively high, but the smaller proportion of income.

 

Inventory turnover rate. Business management ability, we focus on Enterprise inventory turnover in days this indicator, usually, less turnover days, indicating the faster inventory liquidation. We counted three major copper smelting enterprises of this index is at an all-time low.

 

Non-recurring gain. Non-ferrous metal industry is one of the pillar industries of the national economy, non-ferrous metals companies mature, application of derivative instruments is very common. Through our analysis of mergers reported investment income, part of smelting enterprises investing in commodities futures gain in the first half, commodities produced large amounts of non-recurrent revenue.

 

Opportunities and challenges. Due to volatility of copper prices, along with sustained output growth, not increased profits by smelting companies are facing increasing. Countries launch a series of the second half of "stable growth" and "micro-stimulation" measures, liquidity has improved, but because of Indonesia's resumption of exports of copper concentrates and copper further release of new capacity in the world, is bound to the repression caused copper price in the future.

 

 

Tags: copper tube