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    民族品牌霸主四年兩次易位,下一個挑戰者將會是誰?

    2019年07月14日 瀏覽量: 評論(0) 來源: 中國涂界網 作者: 李思豪
    摘要:國內涂料產業首家財經媒體《涂界》一年一度發布的《中國涂料企業100強排行榜》顯示,繼2014年中國涂料本土企業霸主首次易位后,如今再次易位,而在去年之前,湘江涂料曾連續三年奪冠。那么,民族品牌霸主地位,下一個挑戰者又會是誰?又或者東方雨虹蟬聯?

    國內涂料產業首家財經媒體《涂界》一年一度發布的《中國涂料企業100強排行榜》顯示,繼2014年中國涂料本土企業霸主首次易位后,如今再次易位,而在去年之前,湘江涂料曾連續三年奪冠。那么,民族品牌霸主地位,下一個挑戰者又會是誰?又或者東方雨虹蟬聯?


    民族品牌霸主四年兩次易位

    根據《涂界》昨日發布的《2019中國涂料企業100強排行榜》(點擊查看詳細榜單)顯示,亞洲最大的防水系統服務商東方雨虹以2018年涂料業務銷售收入45.87億元位居第四位;與此同時,東方雨虹也超越湘江涂料,首次奪得中國涂料本土企業第一。

    涂界記者注意到,中國涂料本土企業霸主首次易位發生在2014年,當年湘江涂料以28.67億元銷售收入超越嘉寶莉,首次奪得中國涂料本土企業第一,而當年嘉寶莉的銷售收入為27.86億元。

    在此之前,中國涂料本土企業霸主位置一直被嘉寶莉占據,且長達數年之久;但湘江涂料的霸主地位僅保留了三年時間,直到2018年被東方雨虹超越。也就是說,四年來霸主發生了兩次易位。

    涂界記者注意到,首次晉級霸主的東方雨虹,實力不可小覷。資料顯示,東方雨虹始建于1995年,于2008年在深交所中小板A股上市。經過二十余年的發展,公司已成為亞洲最大的防水系統服務商。

    年份/企業名稱

    東方雨虹

    增長率

    湘江涂料

    增長率

    嘉寶莉

    增長率

    2007

    1.023

    -

    11.00

    -

    11.70

    -

    2008

    1.824

    78.30%

    12.30

    11.82%

    14.00

    19.66%

    2009

    2.452

    34.43%

    14.85

    20.73%

    17.40

    24.29%

    2010

    8.595

    250.53%

    20.23

    36.23%

    21.20

    21.84%

    2011

    7.555

    -13.77%

    21.66

    7.07%

    22.36

    5.47%

    2012

    6.152

    -22.81%

    22.31

    3.00%

    23.01

    2.91%

    2013

    10.61

    72.46%

    24.55

    10.04%

    25.35

    10.17%

    2014

    12.86

    21.21%

    28.67

    16.78%

    27.86

    9.90%

    2015

    15.68

    21.93%

    29.54

    3.03%

    27.50

    -1.31%

    2016

    20.75

    32.33%

    35.52

    20.24%

    30.00

    9.09%

    2017

    35.11

    69.20%

    36.22

    1.97%

    31.20

    4.00%

    2018

    45.83

    30.53%

    41.68

    15.07%

    32.35

    3.69%

    東方雨虹(防水涂料業務)、湘江涂料和嘉寶莉2007年-2018年銷售收入及增長率(單位:億元)

    數據顯示,東方雨虹防水涂料業務銷售收入從2007年的1.023億元增長至2018年的45.83億元(含部分防水施工收入),11年來增長了約44倍。不過,東方雨虹的絕大部分收入來自于防水涂料業務。

    此外,東方雨虹也在不停進行多元化,以此來擴大業績規模。因此,該公司在2017年通過收購DAW ASIA公司90%股權正式進入建筑涂料領域,該業務去年實現銷售額約為6億元。

    根據涂界統計數據顯示,作為國內領先的工業涂料企業湘江涂料銷售收入從2007年的11.00億元增長至2018年的41.68億元,11年來增長了約2.79倍。公司的絕大部分收入來自汽車涂料、防腐涂料等業務。

    根據涂界統計數據顯示,國內領先的涂料企業嘉寶莉銷售收入從2007年的11.70億元增長至2018年的32.35億元,11年來增長了約1.76倍。公司的絕大部分收入來自于木器涂料、建筑涂料等業務。

    從2007-2018年均復合增長率對比來看,東方雨虹遠高于湘江涂料、嘉寶莉,并持續保持著巨大的發展活力。數據顯示,雖然湘江涂料連續10年保持著業績增長記錄,但期間也有不小的波動;而嘉寶莉近八年來業績增速基本維持在個位數,且波動非常大。

    下一個挑戰者會是誰?

    中國涂料的市場容量前景廣闊,下游的旺盛需求維持著涂料行業的增長勢頭。根據國家統計局統計數據顯示,2018年我國涂料行業1336家規上企業總產量達1759.79萬噸。截止去年,中國涂料產銷量已連續10年位居全球第一。

    中國是全球最大發展中國家,也是世界第二大經濟體,市場空間和潛力巨大,不僅吸引了眾多外資巨頭進入中國市場,也培育出了大批本土優秀企業,其中包括立邦、PPG、阿克蘇諾貝爾、宣偉、巴斯夫、佐敦、艾仕得等外資企業,以及東方雨虹、湘江涂料、三棵樹、嘉寶莉、晨陽水漆、巴德士、展辰、亞士創能、大寶化工、美涂士、固克等本土企業。

    涂界觀察員李明月分析認為,雖然我國涂料行業正在經歷轉型和調整陣痛,市場有所波動,但從長遠發展來看,我國涂料市場潛力依然巨大,因此產業發展格局難以在短期內確定,預計本土企業霸主還將發生變動。

    那么,誰將會是下一個霸主的挑戰者?“雖然東方雨虹成為了新的霸主,但預計維持的時間不會太長,下一個挑戰者很可能來自三棵樹、晨陽水漆或其他企業。”李明月分析表示,而三棵樹是其中最為強勁的挑戰者。

    三棵樹成立于2003年,于2016年在上交所A股主板上市,主要從事綠色建材的研發、生產、銷售和服務,目前在全國已建有9大生產基地。由于在短短幾年內快速獲得成長,因此三棵樹被業界譽為“成長最快的樹”。

    數據顯示,三棵樹2014年-2018年營業收入分別為12.62、15.2億元、19.5億元、26.2億元、35.84億元,年復合增長率超過30%,五年來營收增長了約184%,相當于再造了差不多兩個三棵樹。雖然發展迅速,但三棵樹并不滿足:力爭3-5年成為全球十大涂料品牌,5-10年成為全球涂料領導品牌。

    另外一個挑戰者或來自亞洲最大的全水漆企業——晨陽水漆。近年來,該公司產銷量幾乎以每年翻一番的速度增長,即使在市場艱難的2018年,其增速依然高達50%以上。按照規劃,到2020年公司產銷量將突破“雙百”。

    目前,晨陽水漆在河北省建有3個生產基地,設計總產能約125萬噸,但產能將在2021年飽和。基于此,公司又投資20億元在重慶永川新建全球水漆智能制造基地。據悉,該基地目標是建設年產100萬噸水性環保涂料,預計2020年建成投產,達產后產值近200億元。

    作為本土企業的第二個霸主,湘江涂料近年來業績持續獲得增長,但其最大業務來源于湘江關西,后者是一家與日本關西涂料的合資企業。數據顯示,湘江集團2016年銷售額35.52億元,而湘江關西涂料收入就高達34億元,占比高達95%以上。

    “由于湘江集團太過于依賴汽車漆業務塊,這將會對今后的發展帶來一定的風險。”李明月分析表示。去年,我國汽車工業出現了28年來首次負增長,導致包括湘江關西在內的諸多汽車漆企業業績承壓。而今年以來,我國汽車工業依然沒有回暖跡象,這將會給汽車漆企業帶來巨大的壓力和挑戰。

    不過,湘江涂料也意識到未來可能存在的風險,目前也正在全力構建多個業務增長板塊,比如防腐涂料、工程機械等,“但這些領域都有著眾多的強勁競爭對手,靠這些業務來推動業績大幅增長的可能性比較小。”李明月表示。

    但一切皆有可能,機會還會存在。“與世界涂料業較為發達的國家相比,我國涂料產業集中度非常低,和世界發達國家仍有很大的差距。”李明月表示,目前行業仍處于落后產能嚴重過剩、產業集中度低、市場競爭不規范的欠成熟階段,整體呈現“大行業、小企業”的格局。因此,像三棵樹、晨陽水漆、湘江涂料、亞士創能等企業仍將會獲得巨大的發展機遇。(涂界)

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