Mumusika mukuru, makambani akanyorwa anotarisira kuburitsa mhedzisiro ye1 + 1> 2 nekuwana zvinhu zvemhando yepamusoro.

Nguva pfupi yadarika, mutungamiri wearuminiyamu inogadzira indasitiri yekugadzira org akaita danho rakakura kupa kutenga COFCO yekurongedza yekutonga inosvika bhiriyoni 5.5 yuan. Panyaya yeChina Baowu, kambani yevabereki yeBaosteel Packaging, mukwikwidzi, mativi maviri aya akaita chikiribidi. Ndiani anogona kuita zvirinani? Mibairo haisati yazivikanwa.

Pamusangano wepagore we2023, org yakapindura kune vanoisa mari nezve zvakanakira bhidhiti, ichiti, "Kambani ine ruzivo rwakapfuma mumunda wekubatanidzwa kwesimbi kurongedza uye kubatanidzwa kwekutora, kubva pakuva mugovani weCoFCO Packaging, mativi maviri aya akachengetedza. kubatana kwakanaka kwebhizinesi. "

Zvakakosha kucherechedza kuti shure kwekutora hondo ye org, kana kune rubatsiro rwemari uye kana pane chikwereti chekubhadhara chikwereti chepamusoro chinobatanidzwawo nenyika yekunze.

Kubva pakupera kwekutengesa musi waChikumi 11, mutengo wemugove weAoruijin waive 4.5 yuan, uye kukosha kwemusika kwakasvika 11.58 bhiriyoni yuan.

Sei hondo yekutora?

Bhizinesi redu guru nderekupa yakakwana yekurongedza mhinduro kune ese marudzi eFMCG vatengi. Kubva pakupera kwa2023, zvigadzirwa zvesimbi zvekurongedza uye masevhisi zvakaverengera 86.97% yemari yekambani.

Kuti ubatanidze bhizinesi guru, kuwedzera vatengi vane hunyanzvi, nezvimwewo, muna Chikumi 7 gore rino, Ao Ruijin yakapa chirongwa chikuru chekutenga zvinhu, kambani inotarisira kupa migove pamutengo wekupa we7.21 Hong Kong madhora, kune vese vane masheya eCoFCO. kurongedza nekuzvidira conditional comprehensive offer.

Kutengeserana uku kwakasvika pa6.06 bhiriyoni Hong Kong madhora (inenge 5.57 bhiriyoni yuan panguva ichangoburwa yekuchinjana). Kana kutengeserana kwacho kuchinge kwapera, Oregin inotora kutonga kweCofCO kurongedza.

Zvinonzwisiswa kuti kutengeserana kwepamusoro ndeye musika tendero inopa, kune vanokwikwidza vanopa. Musi waZvita 6, 2023, China Baowu, kambani yevabereki yeBaosteel Packaging, yakatanga chirongwa chakazara chekutenga CoFCO Packaging nekudyara kutsva kweUnited Nations. Zvino, mapere maviri ari kudzingirira chimedu chenyama.
Nei COFCO kurongedza ichitsvakwa zvakadaro? Chikonzero chiripo ndechekuti ani nani anokunda kutonga achave neanoraira musika wekugovanisa mukana kune rimwe divi.

Zvinoenderana nedatha yakaziviswa neProspective Indasitiri Research Institute, mumusika wematangi maviri, chikamu chemusika cheORG Baosteel packaging, CoFCO packaging uye Sheng Xing Holding i20%, 18%, 17% uye 12% zvakateerana. Imwe seti yedata inoratidza kuti huwandu hwemari ye org, CoFCO Packaging uye Baosteel kurongedza muna 2023 i13.84 bhiriyoni yuan, 10.27 bhiriyoni yuan uye 7.76 bhiriyoni yuan zvichiteerana.

China Galaxy Securities vaongorori vakataura mumushumo wekutsvagisa kuti kana org ikabudirira kuwana, chikamu chemusika wemakani maviri chinotarisirwa kunge chiri padyo ne40%, uye chikamu chemusika chemagaba matatu chinotarisirwa kuvandudzwa zvakanyanya, uye chiyero. kushanda kwekambani kuchawedzerwa kusimbiswa.

Parizvino, muyero wekugovanisa weCOFCO wekupakura mashareti wakapararira, uye hapana mutongi chaiye. Kuti uchengetedze mabhenefiti ekugovanisa musika uye kudzivirira kubatwa nevakwikwidzi, org yakasarudza kurwa nemusoro uye yakasimbirira kubhidha yekutonga kweCoFCO kurongedza.

Zvadaro, usabvisa "hondo yekutora" yakawedzera.

Risk points kumashure kwekutora

Muchiziviso, org yakayambira nezve "njodzi yekugumiswa nekuda kwekutadza kuwana mvumo", "njodzi yemakwikwi", "njodzi yekukwira kwechikwereti chemakambani akanyorwa" nezvimwe zvakadaro.

Pakati pavo, nyika yekunze inonyanya kunetseka nezve "zviwanikwa zvemari" uye "solvency" yeOrg.

Pakupera kwekota yekutanga yegore rino, mari yeOrg yaive 1.427 bhiriyoni yuan. Chivharo chekutengesa chinenge mabhiriyoni 5.57 yuan, zvinogona kuonekwa kuti mari iyo Orj inoda kusimudza haisi shoma shoma.

Org yakasarudza kutora mari uye inotarisira kubhadhara mutengo wekutengeserana nemari yayo uye mari yekuzvisimudza (kusanganisira kunyorera zvikwereti kubva kumabhangi).

Kubva pamaonero eiyo asset-liability ratio, kubva 2021 kusvika 2023, org asset-liability ratio yaive 53.47%, 50.47 uye 45.66%, zvichiteerana, iyo yakadzikira ne7.81 muzana mapoinzi mumakore matatu apfuura. Muchikamu chekutanga cha2024, chiyero cheasset-mutoro chaive 44.48%, pasi ne4.34 muzana mapoinzi gore negore.
Kubva pamaonero ezviratidzo zvenguva pfupi dzekubhadhara chikwereti, kubva muna 2021 kusvika 2023, chiyero chiripo cheOregold chiri 1.069, 1.160 uye 1.109, uye chiyero chekukurumidza i0.740, 0.839 uye 0.835, zvichiteerana, zvichiratidza kudonha kwekutanga kusimuka . Muchikamu chekutanga che2024, org's ikozvino ratio uye yekukurumidza ratio yaive 1.137 uye 0.896, uye kukosha mukota yekutanga ye2023 yaive 1.227 uye 0.876, zvichiteerana.

Ruzivo rweruzhinji runoratidza kuti reshiyo iripo inowanzoonekwa se2: 1, uye reshiyo yekukurumidza inowanzoonekwa se1: 1.

Kupfuurirazve, pakupera kwekota yekutanga yegore rino, huwandu hwakazara hwekukwereta kwenguva pfupi + zvikwereti zvisiri-zvino zvakafanira mukati megore rimwe re org zvaive 3.087 bhiriyoni yuan, inenge bhiriyoni 1.66 yuan yakakwira kupfuura mari yemari.

Kare, org yakanyevera nezve njodzi yekuti "nzira yekambani yekuzvitsvagira mari yekusimudza mari yekutengeserana ichawedzera mari dzemari, uye chikamu chechikwereti chekambani uye chiyero chechikwereti chichawedzerwa." Kana kutengeserana kwacho kukatadza kuwana hukama pamwe nekuvandudza chimiro chemari munguva pfupi iri kutevera, pane njodzi yekuti kubhadharwa kweKambani kwenguva pfupi uye kugona kwekubhadhara chikwereti kunozokanganiswa."

Ticharamba tichiona kana kutengeserana uku kwe org kuchigona kuitwa zvinobudirira.

Erjin Packagingyanga ichichengetedza kushandira pamwe nemafekitori makuru matatu esimbi muChina kwemakore gumi nemashanu, ichipa vatengi pasi rese nesimbi inogona kurongedza dhizaini uye masevhisi ekugadzira, nzira dzekudhinda dzakasiyana, uye kutsigira sampuli masevhisi.