2. Midstream biodegradable plastics manufacturing: Jindan Technology (300829), Ruifeng Gaocai (300243), Jinfa Technology (600 143), Tongcheng New Materials (603650), Guanghua Ye Wei (8365 14) and Wanhua Chemical (6000).
3. Core data: production capacity, business income and operating income of listed biodegradable plastics companies.
1. Overview of listed companies in biodegradable plastics industry
Biodegradable plastics refer to plastics that are degraded by microorganisms in nature or under specific conditions or anaerobic digestion conditions, and finally completely degraded into mineral inorganic salts of carbon dioxide or (and) methane, water and its elements and new biomass. At present, the production capacity of biodegradable plastics in China is about 500,000 tons, while the production capacity under construction and planning has exceeded 3.8 million tons. The production capacity is mainly concentrated in non-listed companies, and most listed companies are under construction or planning.
2. Comparison of business layout of biodegradable plastics of listed companies in biodegradable plastics industry.
At present, the global production capacity of biodegradable plastics is mainly concentrated in foreign enterprises, but under the impetus of the "plastic ban order", domestic enterprises have also stepped up their production capacity layout. For example, the production capacity of enterprises such as Jindan Technology, Ruifeng Gaocai, Tongcheng Xincai and Tongde Chemical is over 60,000 tons; Judging from the types of biodegradable plastics, Jindan Technology mainly develops PLA, Ruifeng Gaocai, Tongcheng Xincai, Wanhua Chemical and Tongde Chemical mainly deploy PBAT business, and Yifan Pharmaceutical mainly deploys PBS projects.
3. Comparison of operating performance of listed companies in biodegradable plastics industry.
Judging from the business performance of biodegradable plastics, as most listed companies are in the state of "production capacity under construction", few listed companies publish relevant business data. Among them, in 2020, Jinfa Technology's biodegradable plastics business will achieve revenue of165438+73 million yuan, with a gross profit margin of 39.66%, with production and sales of 83 1000 tons and 65200 tons respectively; Guanghua Ye Wei biomaterials (including biodegradable plastics business) achieved revenue of 654.38+54 million yuan, with a gross profit margin of 33.08%.
4. Comparison of business planning of biodegradable plastics of listed companies in biodegradable plastics industry.
Driven by the "plastic ban order", the traditional plastic products market has great room for substitution, and existing listed companies have also stepped up the layout of biodegradable plastics production capacity.