Metal Packaging Industry Inflection Point a hnai tawh a, industry hlawkna pawh a la let leh zel tura ngaih a ni.

Metal packaging industry hian kum engemaw zat kalta chhung khan capacity tihpun zel a tawk a, hlawkna a tlahniam zel a ni. Tunah hian industry-in production tihpun a duhna chu nasa takin a tlahniam a ni. Industry capacity construction zawhfel a nih tak avangin, ram chhunga company lian zawkte inzawmkhawm leh inzawmkhawm leh lei te, leh raw material man tlahniam te, metal packaging industry-a hlawkna margin te chu a lo ṭhang chho zel tura ngaih a ni.

Kum 2024 kum chanve hmasa berah khan consumer demand zawng zawng a tlahniam avangin revenue growth chu a chhe hle nachungin, raw material man tlahniam leh capacity layout optimization avangin hlawkna a ṭha chho hle. Entirnan, kum 2024 kum chanve hmasa berah khan Auerijin gross margin chu 17.82% a ni a, kum hmasa aiin 1.88 percentage points zetin a pung a, hei hi a chhan ber chu raw materials a tlahniam vang a ni. Kum 2024 kum chanve hmasa berah khan tinplate man chu 6,546 yuan/ton a ni a, kum hmasa aiin percentage point 4.7-in a tlahniam. Aluminum man pawh kum 2021-a 24,240 yuan/ton a sang ber aṭanga September 23, 2024-a yuan/ton 19,695-ah a tlahniam bawk a, industry capacity siam zawh a nih tak avangin leh head company-te inzawmkhawm leh inzawmkhawmna tihhmasawn a nih tak avangin, metal packaging industry-a hlawkna margin chu a dam zel tura ngaih a ni a, inflection point chu accelerate a ni ang.

Kum 2023-ah chuan China rama metal packaging industry-a designated size aia sang enterprise-te chuan an sumdawnna lian ber aṭangin yuan tluklehdingawn 150.562 zet an lalut dawn a, hei hi packaging industry-a output value zawng zawng aṭanga 13% vel a ni a, hei hi khawvel puma 45%-50% aia tam a la ni. Two - leh three-piece drink can-ah chuan a tam ber a ni. Tunah hian three-piece can supply leh demand hi a bulpui berah chuan balanced a ni. Kum 2022-ah chuan China-a three-piece CAN industry output chu can tluklehdingawn 31.05 vel a ni ang a, a mamawh chu can tluklehdingawn 30.53 vel a ni ang. Beverage company lian leh supplier te inkara thawhhona tha tak an neih avangin metal packaging-a hmahruaitu pattern chu a nghet hle. Customer structure leh industry pattern stable tak hnuaiah chuan three-piece can enterprise-te ex-factory price average chuan tun hnaiah stability leh rising trend a lantir a ni.

US packaging industry thlirna atang chuan hmahruaina hmasawn chak zawk leh merger leh acquisition hnuah hlawkna a tha chho zel a ni. Huafu Securities-in a tarlan dan chuan, integration period round hmasa berah (1990-2000) Crown-a chuan ei tur metal packaging, plastic packaging target engemaw zat a lei a Integration Period round hnihnaah (2000-2016) Boer chuan merger leh acquisition-te chakna a ti chak tan a, a bik takin local aluminum can company-te tan a ni. Boer hian kum 2016 aṭanga 2023 thleng khan kum khata sum a hmuh zat chu zaa 6.4-in a pung a, a hmain zaa 4 aiin a pung a, kum 2016 aṭanga 2023 thleng khan Crown-in 5.5% a neih chu a hmaa zaa 2 aṭanga a punna aiin a sang zawk a ni. Tin, industry consolidation atanga hlawkna hmuin Crown-a operating profit margin center chu consolidation round hmasa berah 8% atanga 10% ah a pung a, Boer-a operating profit margin center pumpui chu consolidation round hnihnaah 6% atanga 9% ah a pung bawk.

A bik takin, Boer hi entirnan la ila, a gross profit margin leh net profit margin center te hi tun hnaiah 20% leh 5% vel an ni. Kum 2023-ah chuan Bohr Beverage Packaging sum lakluh chu US dollar tluklehdingawn 11.32 a ni ang a, gross margin leh net margin chu 19.0% leh 5.1% a ni ang a, ROE chu 19% a ni ang. Domestic metal packaging hruaitute ROE chu 6%-11% vel a nih laiin, Bohr nena khaikhin chuan hmasawnna tur tha tak a awm a ni.

Huafu Securities chuan kum 2016 atanga 2019 thlenga domestic integration round hmasa ber hnuah chuan Can industry pahnih hian zawi zawiin Baosteel packaging, Auruijin, COFCO packaging, inelna pattern lian pathum an siam a, mahse an pahnih inkarah hian share gap a tlem a, COFCO packaging atana equity acquisition chu a tawpah chuan a chiang zawk ang a, chu chu industry hmahruaitu a ni ang a, a hmasa berah chuan a tha zawk ang a, a hmasa berah chuan a tha zawk ang. Kum 2023-ah chuan Chinese metal packaging company lian ber berte operating profit margin chu 4% leh 7% inkar a ni ang a, hei hi integration hmaa ram pawn lama company-te operating profit margin zawng zawng nen a inang ang a, chutih laiin integration round hmasa ber hnuah chuan kum 2004-a ram pawn lama company-te metal packaging business-te operating profit margin chu 9% leh 12% inkar a ni ang a, chu chu integration round hnihna a nih hnuah, overseas company-te operating margin 20-na a ni ang a, 2004-ah chuan 12% leh 12% inkar a ni ang. 17%.He ngaihdan atang hian kum 2025 chhunga metal packaging industry pum pui