Spiral Steel Pipe Price | Tianjin Spiral Pipe Factory | Daqiuzhuang Spiral Pipe | Thick-wall Spiral Welded Pipe | Large Caliber Spiral Pipe Factory | Q235b Rectangular Pipe Square Pipe Manufacturer | Small Caliber Galvanized Pipe
Home page / about us / Product center / Small caliber galvanized pipe / Spiral tube price / Production equipment / contact us / Leave message
Products >> more
Tianjin Daqiuzhuang spiral steel tube students
Hot-dip galvanized pipe wholesale inventory distribution
159-3820 size caliber thick wall spiral
Spiral steel pipe knowledge and introduction
1000 tons spiral steel pipe inventory sales wholesale
Spiral steel pipe workshop
Introduction of spiral steel pipe production process
Xinhong Steel Pipe, Trustworthy, Introduction
contact us
, Tianjin Daqiu Zhuangxinhong Steel Tube Co., Ltd.
, Tel: 022-58657077 58654650
, Mobile: 18222225557 13920874577
13820319757
Contact: Manager Xu, Manager Chen
, Address: Daqiuzhuang Industrial Development Zone, Tianjin
Position: Home > Spiral tube price

After buying the American food giant: Wanzhou World's four-year debt dropped by 60%, spiral tube prices

Author: Tianjin Daegu Zhuang Xinhong Pipe Source: diseinugile.com Hits: Updated: May 10, 2017 [Font: large, medium and small ]

Tags: price of spiral steel pipe Tianjin spiral tube factory Daqiuzhuang spiral tube thick wall spiral welded pipe



After buying the American food giant: Wanzhou World ’s four-year debt fell by 60%, the price of spiral tubes,
21st Century Business Herald2017-04-12 08:09:55 Reading (19565) Discussion (0)
Our reporter Chen Hongxia intern Wu Yongheng reports from Wuhan. Following the US $ 7.1 billion purchase of American food giant Smithfield, Wanzhou World ’s debt danger has gradually been relieved, and the latest spiral tube prices have been released.
A few days ago, Wanzhou World (0288.HK) released its 2016 annual report. The company's operating income in the previous year was US $ 21.534 billion, an increase of 1.5% year-on-year, and the latest price of spiral tube prices. Net profit was 1.788 billion US dollars, an increase of 14.8% year-on-year, the latest price of spiral tube prices. In the meantime, in terms of fresh pork affairs, it concluded a significant increase in operating profit, adding 141.2% to 545 million US dollars, the latest price of spiral tube prices.
In response, Wan Long, Chairman and Chief Executive Officer of Wanzhou World, stated: "Although the micro-environment is chaotic and volatile, the role of the ambition in 2016 continues to advance, the latest price of spiral tubes. In China, after the development of new products and Improve the product mix, follow the Smithfield-branded meat products to be listed in China, and complete the dual-brand operation in China. In the United States, we are committed to reflecting the advantages of the industrial chain and optimizing business operations. After the considerable addition, the spiral tube price is the latest price. "
Hedging operation Since 2013, Wanzhou World ended the purchase of American food giant Smithfield with the method of "snake elephant", and it has always adopted the method of hedging operation to reduce the supply cost of raw pork upstream and the latest price of spiral tube prices. Thanks to the 7.6% year-on-year decrease in the price of live pigs in the U.S. mall, Wanzhou World achieved a profit of USD 160 million through hedging operations in 2016, and the latest price of spiral tube prices.
According to the above notice, Wanzhou's affairs in the world accounted for 36% of its total operating income in the past year, the United States accounted for 57%, and Europe accounted for 6.6%; while in terms of operating profit, the United States accounted for 49.7%, and the latest spiral tube prices. China accounted for 46%, Europe accounted for 4.3%, the latest price of spiral tube prices.
Judging from the overall environment of domestic pork processing malls, in 2016, Wanzhou World ’s domestic affairs suffered a strong pork cycle, and the cost of materials was increased by 22% year-on-year. “This directly led to a steep increase in production costs of more than 4 billion, and further increased pig prices brought higher The price of meat also affects the cost of finished meat products, and the latest price of spiral tube prices. "The relevant person in Wanzhou World stated that when the meat processing industry was under pressure due to the high price of pork, the group's subsidiary Shuanghui started to benefit from the American mall. The relatively low purchase price of Shangsheng Pork has made China's affairs a stable addition in the past, and the latest price of spiral tube prices.
The material flashed. In 2016, the average price of live pigs in China was 18.6 yuan per kilogram (about 2.8 US dollars), a significant increase of 22.1% over the previous year. The latest price of spiral tube prices. The high price of domestic pork in the first half of the previous year was mainly due to supply imbalances, which had dropped in the second half of the year, and the latest spiral tube prices.
The United States, as the world ’s largest pork exporter, offered an average hog price of 1.1 US dollars per kilogram in the previous year, a 7.6% decrease from 2015, and the latest price of spiral tube prices. In such a rise and fall, Wanzhou World's hedging operation advantage at the pork processing end flashed out, and the latest spiral tube prices.
"In order to withstand the danger of the external environment, since the contact was completed in 2013, the import of meat products in the United States and Europe began in 2014, and the latest price of spiral tubes. The import of 310,000 tons in the previous year, we estimate this year's meeting It is much higher than the 310,000 tons of the previous year. The price of meat between China and the United States will still be higher for a while. The European price difference is still there. We will also import pork from Europe, and the latest price of spiral tube prices. " In the future, China's synergy and business volume will continue to advance, but the decision will be made according to the details of the shopping mall, the latest price of spiral tube prices.
Guo Fanli, a specially invited researcher of the National Development and Reform Commission, also stated, "With the agile contact of the American giant Smithfield, the operation of Wanzhou World has improved significantly, the internal affairs of the group company have become more collaborative, and the main operations are capable of resisting danger. Go ahead, the latest price of spiral tubes. "
Commodity structure adjustment From the proportion of Wanzhou World ’s surplus contribution, meat products accounted for 82% of the total surplus, while raw meat accounted for only 30%. The latest price of spiral tube prices. In view of this, today's meat products are more important than the company's surplus, and the spiral tube prices are the latest. However, in the past two or three years, the finished meat products have been weak, the competition in shopping malls has become increasingly diversified, and the spiral tube prices are the latest. To this end, Wanzhou World has adjusted its product structure. With regard to the segmented development of regional products, the latest spiral tube prices have been gradually developed.
"The slaughtering industry suffered a trough in the previous year, from 20 yuan all the way down to 16 yuan, the latest price of spiral tube prices. Therefore, we are developing national products, and also co-ordinate the development of some local products and Western and American The latest price of the product, spiral tube price. "The person in charge stated that the sales of new products accounted for more than 10% in 2016, and the Group will list about 50 new products in the first half of this year. The latest price of spiral tube prices.
Meat products have experienced changes from high temperature to low temperature in the past ten years, and the latest price of spiral tube prices. According to the research report of Qilu Securities, high-temperature meat products dominate the domestic meat product spending, and the proportion is far lower than the world level, and the operating format of high-temperature meat products has been set to slow down. Most low-temperature meat products companies are Regional leaders are converging from Laosan, and the top five now account for less than 25%. It is estimated that the growth rate in the next five years will be 10.79%. There are endless business opportunities in the process of gradual assembly, and the latest price of spiral tube prices.
In this setting, Wanzhou World adjusted the commodity structure to a high and low temperature ratio of 6: 4 in 2016. "In the long term, it will further expand the low-temperature finished products to seize the blue ocean in the mall, and finally control the high and low temperature ratio. In the 5: 5 plan, the spiral tube price is the latest price. ”According to the leak of the above-mentioned person, Wanzhou World is cooperating with American universities to launch meat-egg-milk-linked products. This year ’s cost control and structural adjustment will be Gradually advance, the latest price of spiral tube prices.
Debt structure optimization In the early stage of the merger and acquisition of Smithfield, because Smithfield's operation was not outstanding, and the danger of Wanzhou World debt increased, the industry spreads that Smithfield may affect Wanzhou World's overall financial report, and the latest price of spiral tubes.
"But nowadays, the speed of contact and expansion of Wanzhou World is much faster than expected, and the latest spiral tube prices are up to date. Wanzhou World is listed in Hong Kong and Shuanghui is listed on the A-share market. With the talent of stock market financing, it has reduced its debt service pressure. The latest price of spiral tube prices. ”Guo Fanli stated that Wanzhou World ’s loaning cost is not as high as expected, and the interest rate for mergers and acquisitions is not higher than the average loaning rate in the mall. It is supported by the company ’s stable affairs and outstanding cash flow. It seems that its debt service pressure is not as endless as it was worried at the beginning, and the spiral tube price is the latest price.
In practice, in the past four years, Wanzhou World has always tried to reduce the debt share, improve the debt structure, and the latest price of spiral tubes. The above annual report flashed, its interest-bearing liabilities decreased from US $ 3.9 billion at the end of 2015 to US $ 2.88 billion at the end of 2016, the leverage ratio decreased from 0.77 times in 2014 to 0.4 times in 2016, and the net debt-to-benefit ratio decreased by 16.7 percentage points to 24.7%. The latest price of spiral tube prices.
The above person informed reporters: "In the past four years, Wanzhou World has reduced its debts by nearly 60%, from 8 billion US dollars to less than 3 billion, and the latest price of spiral tubes. We just did a debt replacement. The total debt will continue to decrease. Without major capital contributions and mergers and acquisitions in the future, the debt will still be further reduced, and the spiral tube price will be the latest price. "
It is worth noting that the $ 1.9 billion interim receipt bank held by Wanzhou World will expire in the next year, and the latest price of spiral tube prices. According to the leak of the above-mentioned person, Wanzhou World will replace the debt to stabilize the debt structure after maturity. "The detailed implementation plan is to issue a 1.4 billion US dollar investment bond, and to lend 500 million US dollars to the bank for debt. Replacement, the latest price of spiral tube prices. "
In addition, people in the industry believe that the 8% stake held by CDH Capital, one of the shareholders of Wanzhou World, will be frozen this year, and may be sold to seek exit. The latest price of spiral tube prices. In this regard, Guo Fanli informed reporters: "Now Wanzhou World is on track. The cooperation between China's regional affairs and the US's regional affairs is very good. The debt repayment operation is in place. A severe shock, the latest price of spiral tube prices. "
(Revision: Jia Honghui, Email: jiahh6@21jingji.com )
http://www.cqgg51.com/ http://www.mywufengguan.com/ http://www.btdbxg.com/ http://www.tjjgcj.com/

, [ Spiral tube price ] High-quality development of manufacturing industry welcomes a heavy package
, [ Small caliber galvanized pipe ] Indian government restricts the import of some steel
, [ Small-caliber galvanized pipe ] Korean-American steel
, [ Small-caliber galvanized pipe ] Japan ’s crude steel output in January fell to a new low of nearly 10 years
, [ Small-caliber galvanized pipe ] Small-caliber galvanized pipe
, [ Small caliber galvanized pipe ] Anmi implements evacuation plan for surrounding communities of tailings dam
, [ Daqiuzhuang Spiral Pipe ] Caixin PMI Interpretation: Slowdown in Manufacturing
, [ Daeguzhuang spiral tube ] Daeguzhuang spiral tube, the media of the central bank:
Tianjin Daqiu Zhuangxinhong Steel Tube Co., Ltd. All rights reserved Website construction optimization QQ: 271082786 Website background
Tel: 022-58657077 022-58654650 Mobile: 18222225557 13920874577 13820319757 Contact: Manager Xu Manager Chen Address: Daqiuzhuang Industrial Development Zone, Tianjin