Recently, Hexing Packaging released its 2022 annual report. According to the annual report, in 2022, Hexing Packaging achieved a total operating income of 15.375 billion yuan, a decrease of 12.39% from the same period last year; realized a net profit of 132 million yuan attributable to shareholders of listed companies, a decrease of 39.46% from the previous year.
Hexing Packaging stated in the report that the reason for the decline in the company's operating performance is mainly due to the combined impact of many factors such as economic downturn, geopolitical conflicts, and weakening consumer demand . Facing the complicated and severe external environment, on the one hand, Hop Hing Packaging is advancing the construction in progress in an orderly manner and carrying out intelligent technical transformation on the existing production lines; To increase value, take multiple measures to overcome unfavorable factors such as intensified market competition and logistics control, and ease the downward trend of corporate profitability.
Specific revenue
By quarter
In the first three quarters of 2022, Hexing Packaging’s revenue reached 11.765 billion yuan, and the total net profit attributable to shareholders of listed companies was 146 million yuan; The net profit of the company's shareholders was -13.3810 million yuan, a relatively large decline.
In terms of revenue composition
Hexing Packaging's revenue in 2022 will mainly come from the packaging business. Among them, the revenue of corrugated packaging reached 12.049 billion yuan, a year-on-year increase of -5.71%, accounting for more than 78% of the total operating revenue; the revenue of the two major sectors of color box packaging and cushioning packaging was 722 million yuan and 151 million yuan respectively. , a year-on-year increase of 9.67% and -34.58%, accounting for 4.70% and 0.98% respectively; industrial paper revenue reached 2.164 billion yuan, a year-on-year increase of -38.76%, accounting for 14.07%.
By region
Hexing Packaging's revenue mainly comes from the domestic market, accounting for more than 97% of its total revenue. Among them, the South China market revenue reached 5.245 billion yuan, accounting for 34.12% of the total revenue, the largest proportion; in addition, Hexing Packaging will continue to develop the Northwest market in 2022, and has achieved significant gains.
