Chapter 1 Identification of Cement Industry and Analysis on Its Investment Characteristics 1 Section ? Analysis on Basis Features of Cement Industry 1 I. Regional characteristic of cement market 1 II. Periodicity of cement production 1 III. Scale effect of cement industry 1 IV. Cement industry is a labor-intensive, resource-intensive and high-energy-consuming industry 2 Section ?nbsp; Analysis and evaluation on China's macro-control policy of cement industry 3 I. Macro-control policies and goals of China's cement industry in 2010 3 II. Analysis on the impact of macro-control of cement industry 3 Charpter 2 Operating Status for Chinese cement industry 5 Section ?Analysis on cement enterprises overall operation from 2003 to 2006 5 I. Industry scale 5 II. Situation of loss 7 III. Profit capacity index 8 IV. Business development capacity 9 Section ?Comparative Analysis on Different Scale Enterprises 9 I. Comparative analysis on the number and loss of enterprises with different sizes in 2005 9 II. Comparative analysis on the income and profit of enterprises with different sizes in 2005 11 Section ?nbsp; Comparative analysis on enterprises with different features 12 I. Comparative analysis on the number and loss of enterprises with different features from 2003 to 2006. 12 II. Comparative analysis on the income and profit of enterprises with different features from 2005 to 2006 14 Section ?Analysis on Regional Concentration 17 I. Analysis on regional sales and its concentration from 2005 to 2006 17 II. Analysis on regional profitability and concentration from 2005 to 2006 21 Section ?Problems Exists in China’s Cement Industry 24 I. Structure is to be optimized 24 II. Unbalanced development 24 III. Serious resource waste 25 Chapter 3 Analysis on Major Cement Industry 26 Section ?nbsp; Prosperous Development of Precalciner Kiln(New dry process kiln?nbsp;26 Section ?nbsp; Analysis on China Bulk Cement Market Situation 27 I. Development Feature and Resistance of Bulk Cement 27 II. Analysis on China’s bulk cement market from 2005 to 2006 28 ?Analysis on bulk cement development situation in 2006 29 Chapter 4 Analysis on Supply and Demand Status of Cement industry 32 Section ?nbsp; Analysis on Status of Domestic Supply 32 I. The analyses of China’s cement output increase trend from 2003 to 2006 32 II. The analyses of the cement production area distributing of our country in 2005 33 Section ?China’s Cement Production Capacity and Leading enterprise?Production Capacity 34 I. The cement production capacity situation form 2003 to 2006 34 II. China’s cement production capacity rank in 2006 35 Chapter 5 Analysis on Demands of China’s Cement Industry 36 Section I. The analysis of influence factor on demand of China’s cement industry 36 ⅠNew country construction 36 II. the increasing speed of fixed assets investment is accelerating. 36 III. Infrastructure construction 37 IV. Western development - the supporting motive of the cement need for a long time 37 V. The organization progress 39 VI. Real estate investment 40 VII. The construction of Beijing Olympic game facilities is launching 41 VIII. Afghanistan and Iraq reconstructed -theCement Industry extra their country’s opportunity 42 Section ?nbsp; Analysis on Short and Long-Term General Demands of Cement Industry and Product Structure 43 I. Short and Long-Term General Demands of Cement Industry and Prediction 43 II. The product configuration analysis of the cement industry 44 III. The development foreground of the cement products industry in the coming 10 years 45 Chapter 6 An Analysis of Cement Industry Import and Export 48 Section ?nbsp; An Analysis of the Situation of Domestic Cement Industry Import and Export 48 1. An analysis of the general situation of domestic cement industry import and export 48 2. An analysis of Chinese export destination countries 50 Section ?nbsp; Main Reasons Influencing Chinese Cement Export and Countermeasures 53 ?Main reasons influencing Chinese cement export 53 ?An analysis of cement export policies 54 ?Strategies for cement enterprises to take up the international market 55 Chapter 7 An Analysis of Key Regions of Cement Industry during 2004-2006 57 Section ?nbsp; An Analysis of Cement Industry Situation in Shandong 57 ?Development Status of Cement Industry in Shandong 57 ?An analysis of cement production situation in Shandong during 2003?006 60 ?An analysis of the operating status of cement industry in Shandong during 2003?006 60 Section ?nbsp; An Analysis of Cement Industry Situation in Zhejiang 63 ?Development Status of Cement Industry in Zhejiang 63 ⅡAn analysis of cement production situation in Zhejiang during 2003?006 66 ?An analysis of the operating status of cement industry in Zhejiang during 2003?006 67 Section ?nbsp; An Analysis of Cement Industry Situation in Jiangsu 70 ?Development Status of Cement Industry in Jiangsu 70 ?An analysis of cement production situation in Jiangsu during 2003?006 73 ?An analysis of the operating status of cement industry in Jiangsu during 2003?006 74 ?A competitiveness analysis of cement industry of Jiangsu 76 Section ?nbsp; An Analysis of Cement Industry Situation in Guangdong 86 ?Development Status of Cement Industry in Guangdong 86 ?An analysis of cement production situation in Guangdong during 2003?006 90 ?An analysis of the operating status of cement industry in Guangdong during 2003?006 90 ⅣA competitiveness analysis of cement industry of Guangdong 92 Section ?Analysis of Cement Industry Status in Hebei 94 ? The status of cement industry development in Hebei province 94 ?Analysis of 2003 - 2005 Hebei Province cement production situation 97 Section ?Analysis of Cement Industry Status in Anhui 100 ? The status of cement industry development in Hebei province 100 ?Analysis of 2003 - 2005 Anhui Province cement production situation 104 ? Analysis of 2003 - 2006 Anhui Province cement industry management situation 104 ? Analysis of cement industry competitive ability in Anhui province 107 Chapter 8 Analysis of Chinese cement industry competition 110 Section ⅠDistribution and expansion of Chinese cement industry strategic groups 110 ? The large cement group types in our country 110 ? Different expansion form of different enterprises 112 Section ⅡThe division of Chinese cement region and the layout and situation of the region competition 115 ? The division of Chinese main cements demanding regions and demand scale 115 ? The competition situation of the main Chinese cement demanding regions 117 ? Future chance market forecast 121 Chapter 9 Analysis of famous enterprises in cement industry 125 Section ⅠAnalysis of the world top ten enterprises 125 ?France Lafarge 125 ? Swiss Holcim Corporation 125 ? Mexican Cemex Corporation 126 ?German Heidelberg cement Group Corporation 126 ? Italian Italy cement Group Corporation 126 ?Japanese Taiheiyo Corporation 127 ?Germany Dyckerhoff Corporation 127 ? English RMC Group Corporation 127 ? Portuguese Cimpor Corporation 128 ?Italian BuzziUncem Corporation 129 Section ?nbsp; Hailuo Cement of Anhui 129 ?Hailuo Cement Group 129 ?Business Scope 131 ?nbsp; Analysis of Management strategy and advantage of Hailuo Cement Group 131 ?Business status analysis during 2003 to 2006 Year 132 Section ?Yidong Cement Group of Hebei 138 ?Brief introduction of Group 138 ?Development Opportunity of Yidong cement 138 ?Business Scope 139 ?Analysis of management state in 2003-2006 Year 140 ?006 Year Forecast of net profit growth compared with the same period of last year in Yidong Cement 145 Section ?Beijing Jinyu Group 146 ?Company Survey 146 ?Product structure 147 ?2003?005 Year Business status analysis 147 ?Development prediction 148 Section ?Tianshan Cement Stock limited company of Sinkiang 149 ?Company Survey 149 ?Product structure 150 ?2003?005 Year Business status analysis 150 ?Affiliated enterprises of Tianshan Cement 153 Section ?Huaxin Cement Stock limited company 153 ?Brief introduction of company 153 ?2003?006 Year Business status analysis 154 Section ?Evergreen Cement Stock limited company of Jiangxi 156 ?Brief introduction of enterprise 156 ?2003?005 Year Business status analysis 157 Section ?Cement Stock limited company of Fujian 158 ?Company Survey 158 ?2003?005 Year Business status analysis 158 Section ?Double-horse Stock limited company of Sichuan 159 ?nbsp; Enterprise Survey 159 ?Business scope 160 ?003?005 Year Business status analysis 160 Chapter 10 SWOT Analysis of Cement Industry 162 ?Development advantage 162 ?Development Disadvantage 164 ?nbsp; Development Opportunity 164 ?Development threat 168 Chapter 11 Development strategy analysis of cement enterprise 170 ?Lead and adjustment and control of macroscopic are still necessary for Industry development 170 ?Countermeasure and suggestion of cement industry for sustainable development 174
Table Of Contents Table 1 China’s top ten cement enterprises 2 Table 2 Contrast of the twice China's macro-control of the cement industry 4 Table 3 China cement industry scale index from 2003 to 2006 5 Table 4 China cement industry Trend of enterprise increase of China cement industry from 2003 to 2006 5 Table 5 Assets scale increase trend of China cement industry from 2003 to 2006 6 Table 6 Sales income growth trend of China’s cement industry from 2003 to 2006 6 Table 7 Total earnings growth trend of China’s cement industry from 2003 to 2006 7 Table 8 China cement industry Defect index from 2003 to 2006 7 Table 9 Defect variation trend of China cement industry from 2003 to 2006 8 Table 10 China cement industry profit index from 2003 to 2006 8 Table 11 Variation trend of profit index (gross profit and profit rate )China cement industry from 2003 to 2006 9 Table 12 Business development capacity index of China cement industry from 2003 to 2006 9 Table 13 Number of enterprises with different sizes in cement industry from 2003 to 2005 10 Table 14 Number ratio of enterprises with different sizes in cement industry in 2005 10 Table 15 The loss of enterprises with different sizes in cement industry from 2003 to 2005 11 Table 16 income and profit of enterprises with different sizes of cement industry from 2003 to 2005 11 Table 17 Number of enterprises with different features in cement industry from 2003 to 2006 12 Table 18 Number ratio of enterprises with different features in cement industry in 2005 13 Table 19 the loss of enterprises with different features in cement industry from 2003 to 2006 13 Table 20 Income and profit index of enterprises with different features in cement industry from 2005 to 2006 15 Table 21 Enterprise asset sales income and profit situation of China’s cement enterprises with different economic features From Jan.to Oct., 2006 16 Table 22 Sales income distribution ratio of cement enterprises with different economic features From Jan. to Oct., 2006 16 Table 23 Profit distribution of cement enterprises with different economic features From Jan. to Oct., 2006 17 Table 24 Regional sales income of cement industry ,2005 18 Table 25 Regional sales revenue proportion of cement industry, 2005 19 Table 26 Regional sales revenue distribution of cement industry from Jan. to Oct., 2006 20 Table 27 Regional gross profit of cement industry in 2005 21 Table 28 Regional total earnings proportion of cement industry in 2005 22 Table 29 Cement total earnings regional distribution from Jan. to Oct., 2006 23 Table 30 Comparison of average heat consumption of China's various types of cement kiln 24 Table 31 China bulk cement production and bulk rate from 2004 to 2006 29 Table 32 Chinese cement output increase trend from 2002 to 2006 32 Table 33 China’s cement production area distributing schedule in 2005 33 Table 34 China’s new dry process clinker accumulation production capacity production line from 2003 to 2006 35 Table 35 Rank of clinker production capacity of China’s cement enterprises (up to 06 years January) 35 Table 36 The comparison diagram of international organization rate 39 Table 37 personal total cement consume diagram in main region 40 Table 38 Frame chart of Cement consumption in China 44 Table 39 Forecast table of the domestic cement need amounts (consumption) in 2006 and 2007 44 Table 40 The product configuration table of the cement industry from 2001 to 2005 44 Table 41 Table of Chinese Export Volume and Amount of Portland Cement, Aluminous Cement, Slag Cement and Other Hydraulic Cement during 2001?005 49 Table 42 Tendency Chart of Chinese Export Volume and Amount of Portland Cement, Aluminous Cement, Slag Cement and Other Hydraulic Cement during 2001?005 49 Table 43 Table of Chinese Import Volume and Amount of Portland Cement, Aluminous Cement, Slag Cement and Other Hydraulic Cement during 2001?005 50 Table 44 Tendency Chart of Chinese Import Volume and Amount of Portland Cement, Aluminous Cement, Slag Cement and Other Hydraulic Cement during 2001?005 50 Table 45 Table of Major Chinese Cement Export Destination Regions in 2005 51 Table 46 Scale Diagram of Major Chinese Cement Export Destination Regions in 2005 51 Table 47 Table of Major Chinese Cement Import Regions in 2005 52 Table 48 Scale Diagram of Major Chinese Cement Import Regions in 2005 52 Table 49 Tendency Chart of Growth in Cement Production in Shandong during 2003?006 60 Table 50 Table of Assets and Sales Income of Cement Industry in Shandong during 2003?006 61 Table 51 Tendency Chart of Growth in Cement Industry Assets in Shandong during 2003?006 61 Table 52 Tendency Chart of Change in Cement Industry Gross Profit Rate and Profit Rate in Shandong during 2003?006 62 Table 53 Table of Loss Indexes of Cement Industry in Shandong during 2003?006 62 Table 54 Tendency Chart of Change in Loss Heaviness of Cement Industry in Shandong during 2003?006 63 Table 55 Tendency Chart of Growth in Cement Production in Zhejiang during 2003?006 67 Table 56 Table of Assets and Sales Income of Cement Industry in Zhejiang during 2003?006 67 Table 57 Tendency Chart of Growth in Cement Industry Assets in Zhejiang during 2003?006 68 Table 58 Tendency Chart of Change in Cement Industry Gross Profit Rate and Profit Rate in Zhejiang during 2003?006 68 Table 59 Table of Loss Indexes of Cement Industry in Zhejiang during 2003?006 69 Table 60 Tendency Chart of Change in Loss Heaviness of Cement Industry in Zhejiang during 2003?006 69 Table 61 Tendency Chart of Growth in Cement Production in Jiangsu during 2003?006 74 Table 62 Table of Assets and Sales Income of Cement Industry in Jiangsu during 2003?006 74 Table 63 Tendency Chart of Growth in Cement Industry Assets in Jiangsu during 2003?006 75 Table 64 Tendency Chart of Change in Cement Industry Gross Profit Rate and Profit Rate in Jiangsu during 2003?006 75 Table 65 Table of Loss Indexes of Cement Industry in Jiangsu during 2003?006 76 Table 66 Tendency Chart of Change in Loss Heaviness of Cement Industry in Jiangsu during 2003?006 76 Table 67 Table of Cement Output Comparison between Jiangsu and the Entire Country 80 Table 68 Yearly Average Growth Rate of Main Indexes in Jiangsu during 1978-2004 81 Table 69 Distribution of Cement Limestone Reserves and Cement Production Capability and Output in Jiangsu 81 Table 70 Cement Kiln Structure of Jiangsu 82 Table 71 Distribution Structure of Cement Grinding Equipments in Jiangsu 82 Table 72 Elasticity Coefficients of Main Economic Indexes against Cement 83 Table 73 Predictions on Cement Demand of Jiangsu in 2010 84 Table 74 Prediction on Cement Demand of Jiangsu in 2010 85 Table 75 Tendency Chart of Growth in Cement Production in Guangdong during 2003?006 90 Table 76 Table of Assets and Sales Income of Cement Industry in Guangdong during 2003?006 90 Table 77 Tendency Chart of Growth in Cement Industry Assets in Guangdong during 2003?006 91 Table 78 Tendency Chart of Change in Cement Industry Gross Profit Rate and Profit Rate in Guangdong during 2003?006 91 Table 79 Table of Loss Indexes of Cement Industry in Guangdong during 2003?006 92 Table 80 Tendency Chart of Change in Loss Heaviness of Cement Industry in Guangdong during 2003?006 92 Table 81 Growth tendency chart of 2003 - 2006 Hebei Province cement output 98 Table 82 2003 - 2006 Hebei Province cement industry property and sales income data sheet 98 Table 83 2003 - 2006 Hebei Province cement industry property Growth tendency 99 Table 84 2003 - 2006 Hebei Province cement industry gross profit rate and profit rate change tendency 99 Table 85 2003 - 2006 Hebei Province cement industry loss target data 100 Table 86 2003 - 2006 Hebei Province cement industry loss scope change tendency 100 Table 87 Growth tendency of 2003 - 2006 Hebei Province cement output 104 Table 88 2003 ?2006 Anhui Province cement industry property and sales income data sheet 105 Table 89 2003 - 2006 Anhui Province cement industry property Growth tendency 105 Table 90 2003 - 2006 Anhui Province cement industry gross profit rate and profit rate change tendency 106 Table 91 2003 - 2006 Anhui Province cement industry loss target data 106 Table 92 2003 - 2006 Anhui Province cement industry loss scope change tendency 107 Table 93 2003 - 2006 In use chamotte drying production line and it’s material process ability 109 Table 94 2004-2006 schedule of Sales Revenue and profit increase of Hailuo Cement 133 Table 95 1997-2005 Year Tendency chart of products sales price of Hailuo Cement 134 Table 96 2005 Year Structure chart of product sales of Hailuo Cement 135 Table 97 Business schedule of every subsidiary and holding company of Hailuo cement group In 2005 135 Table 98 Business schedule of every subsidiary and holding company of Hailuo cement group In 2005 136 Table 99 2003-2006 Increase schedule of sales revenue and profit of Yidong cement 140 Table 100 Up to 2006 Schedule of cement and clinker production line’s and production capacity status of Yidong 141 Table 101 Regional market / overall arrangement of production lines covered in this company in 2006 Year 142 Table 102 2004 Year Business schedule of every subsidiary and holding company of Yidong cement group of Hebei 143 Table 103 2005 Year Business schedule of every subsidiary and holding company of Yidong cement group of Hebei 144 Table 104 2004 Year Business schedule of subsidiary and holding company of Beijing Jinyu Group 148 Table 105 2005 Year Business schedule of subsidiary and holding company of Beijing Jinyu Group 148 Table 106 2004 Year Business schedule of Tianshan Cement group company and holding company of Sinkiang 151 Table 107 2005 Year Business schedule of Tianshan Cement group company and holding company of Sinkiang 152 Table 108 2004?006 Year Business indexes schedule of Huaxin Cement Stock Limited Company 154 Table 109 2004-2006 Year Increase schedule of production capacity of clinker of Huaxin Cement 155 Table 110 2004 Year Business schedule of Evergreen Stock limited company and holding company of Jiangxi 157 Table 111 2005 Year Business schedule of Evergreen Stock limited company and holding company of Jiangxi Unit: Thousand Yuan 157 Table 112 2004 Year Business schedule of Fujian Cement Stock limited company and holding company 159 Table 113 2005 Year Business schedule of Fujian Cement Stock limited company and holding company 159 Table 114 2004 Year Business schedule of Double-horse Stock limited company and holding company of Sichuan 161 Table 115 2005 Year Business schedule of Double-horse Stock limited company and holding company of Sichuan 161 Table 116 RESERVES CONDITIONS OF LINESTONE RESOURCE OF EVERY REGION AT HOME 162 Table 117 Proportion of length of freshwater sea-route to national total length of every region at home 163 Table 118 Frame chart of Cement consumption in China 165 Table 119 2006 and 2007Year Predictive chart of demand amount (consumption) of cement at home 165 Table 120 2006?007 Year Predictive schedule of production capacity of clinker produced with new dry process at home 167 Table 121 2004?006 Year Tendency table of cement price of main types?cement at home 167 Table 122 2003?006 Year Tendency table of coal price of transfer harbor Qinhuangdao at home 168 Table 123 Constitution table of Comprehensive production cost of cement 169
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