Ndhawu yo endla bindzu ra ku paka tinsimbi yi le ku tshineleni, vuyelo bya indasitiri byi languteriwe ku ya emahlweni byi vuyelela .

Indasitiri ya ku paka tinsimbi yi vile na ku ndlandlamuxiwa loku yaka emahlweni ka vuswikoti eka malembe ma nga ri mangani lama hundzeke na ku hunguteka ka vuyelo. Sweswi, ku tiyimisela ka indasitiri ku ndlandlamuxa vuhumelerisi swi tsanile swinene. Hi ku hetisisiwa ka ku akiwa ka vuswikoti bya indasitiri, ku tlakusa ku hlanganisiwa na ku hlanganisiwa na ku xaviwa ka tikhamphani leti rhangelaka laha kaya, na ku hunguteka ka minxavo ya switirhisiwa swo ka swi nga tirhisiwanga, mpimo wa vuyelo bya indasitiri ya ku paka tinsimbi wu languteriwile ku ya emahlweni wu vuyelela.

Eka hafu yo sungula ya 2024, hambi leswi ku kula ka mali leyi nghenaka a ku nga ri kahle hikwalaho ka xilaveko xa vatirhisi lexi tsaneke hi ku angarhela, ku vuyeriwa ku antswile hikwalaho ka ku wa ka minxavo ya switirhisiwa swo ka swi nga tirhisiwanga na ku antswisiwa ka maendlelo ya vuswikoti. Xikombiso, nhlayo ya nhundzu ya Auerijin eka hafu yo sungula ya 2024 a yi ri 17.82%, ku tlakuka ka 1.88 wa tiphesente lembe na lembe, ngopfungopfu hikwalaho ka ku hunguteka ka switirhisiwa swo ka swi nga tirhisiwanga. Ntsengo wa le xikarhi wa tinplate eka hafu yo sungula ya 2024 a wu ri 6,546 wa ti-yuan/ton, wu hunguteke hi 4.7 wa tiphesente lembe na lembe. Minxavo ya aluminiyamu yi tlhele yi wa ku suka eka nhlohlorhi ya 24,240 yuan/ton hi 2021 ku ya eka 19,695 yuan/ton hi September 23, 2024. Hi ku hetisisiwa ka ku akiwa ka vuswikoti bya indasitiri na ku tlakusa ku hlanganisiwa na ku hlanganisiwa ka tikhamphani ta nhloko, mpimo wa vuyelo bya indasitiri ya ku paka tinsimbi wu languteriwile ku ya emahlweni wu vuyelela, naswona ndhawu ya le ndzeni ya indasitiri yi languteriwile ku hatlisa.

Hi 2023, mabindzu ya le henhla lama vekiweke eka indasitiri ya ku paka tinsimbi ya le China ya ta fikelela mali hinkwayo ya 150.562 wa tibiliyoni ta ti-yuan ku suka eka bindzu ra vona lerikulu, leswi nga na kwalomu ka 13% wa ntsengo hinkwawo wa vuhumelerisi bya indasitiri ya ku paka, leswi swa ha salaka swinene eka xiyimo xa misava hinkwayo xa 45%-50%. Swikotela swimbirhi - na swiphemu swinharhu swa swakunwa swi endle leswaku ku va na xiphemu xa le henhla. Sweswi, mphakelo na xilaveko xa swikotela swa swiphemu swinharhu hi xisekelo swi ringaniseriwile. Hi 2022, vuhumelerisi bya indasitiri ya ti-CAN ta swiphemu swinharhu ta China byi ta va kwalomu ka 31.05 wa tibiliyoni ta swikotela , naswona xilaveko xi ta va kwalomu ka 30.53 wa tibiliyoni ta swikotela. Hikwalaho ka vuxaka bya ntirhisano lebyi tiyeke exikarhi ka tikhamphani letikulu ta swakunwa na vaphakeri, xivumbeko lexi rhangelaka xa ku pakiwa ka nsimbi xi tshamisekile swinene. Ehansi ka ndzhaku ka xivumbeko xa vaxavi lexi tiyeke na xivumbeko xa indasitiri, nxavo wa le xikarhi wa ex-factory wa mabindzu ya swiphemu swinharhu ya Can Enterprises wu kombisile ntshamiseko wa ku tshamiseka na ku tlakuka eka malembe ya sweswinyana.

Ku suka eka mavonelo ya indasitiri ya ku paka ya le Amerika, ku rhangela ku kula ku hatlisisa na ku vuyeriwa swi antswile endzhaku ka ku hlanganisiwa na ku xaviwa. Hikuya hi Huafu Securities, eka xirhendzevutani xosungula xa nkarhi wa nhlanganelo (1990-2000), Crown u kumile nhlayo ya ku pakiwa ka nsimbi ya swakudya, swikongomelo swa ku paka swa pulasitiki; Eka xirhendzevutani xa vumbirhi xa nkarhi wa ku hlanganisiwa (2000-2016), Boer yi sungurile ku hatlisisa rivilo ra ku hlanganisiwa na ku xaviwa, ngopfungopfu leyi kongomisiweke eka tikhamphani ta swikotela swa aluminiyamu swa laha kaya . Ku kula ka mali ya lembe na lembe ya Boer ku fike eka 6.4 wa tiphesente ku suka eka 2016 ku ya eka 2023, ku suka eka 4 wa tiphesente khale, kasi 5.5 wa tiphesente ta Crown ku suka hi 2016 ku ya eka 2023 a ku ri ehenhla ku suka eka 2 wa tiphesente khale. Ku engetela kwalaho, ku vuyeriwa eka ku hlanganisiwa ka indasitiri, Crown’s Operating Profit Margin Center yi tlakuke ku suka eka 8% ku ya eka 10% eka xirhendzevutani xo sungula xa ku hlanganisiwa, naswona Boer’s overall profit center center yi tlakuke ku suka eka 6% ku ya eka 9% eka xirhendzevutani xa vumbirhi xa ku hlanganisiwa.

Hi ku kongoma, teka Boer tanihi xikombiso, mpimo wa yona wa vuvekisi bya nhundzu hinkwayo na senthara ya nhlayo ya vuyelo bya ntsengo swi kwalomu ka 20% na 5% hi ku landzelelana eka malembe ya sweswinyana. Hi 2023, mali leyi nghenaka ya Bohr Beverage Packaging yi ta va 11.32 wa tibiliyoni ta tidolara ta le United States, na nhlayo ya nhundzu hinkwayo na margin ya ntsengo wa 19.0% na 5.1% hi ku landzelelana, na ROE ya 19%. Loko ROE ya varhangeri va le kaya va ku paka tinsimbi yiri eka xiyimo xa 6%-11%, kuna ndzhawu ya kahle swinene yo antswisa loko ku pimanyisiwa na Bohr.

Huafu Securities yi kombisile leswaku endzhaku ka xirhendzevutani xo sungula xa ku hlanganisiwa ka laha kaya ku sukela hi 2016 ku ya eka 2019, lavambirhi va nga endla indasitiri yi vumba Baosteel Packaging hakatsongo-tsongo, Auruijin, COFCO packaging, three main competition pattern, kambe ku hambana ka swiave exikarhi ka un’wana na un’wana i kutsongo, loko ku xaviwa ka equity ku ya eka ku pakiwa ka COFCO eku heteleleni ku fika emisaveni, xivumbeko xa indasitiri xi ta va xi ri erivaleni swinene, ku antswisiwa ka rito ra le henhla, ku kula ka conducve ku ya eka ku humelela ka COFCO. In 2023, the operating profit margin of major Chinese metal packaging companies will be between 4% and 7%, which is similar to the overall operating profit margin of overseas companies before integration, while after the first round of integration, the operating profit margin of metal packaging business of overseas companies in 2004 will be between 9% and 12%, after the second round of integration, The operating margin of metal packaging business of overseas companies in 2023 will be between 9% na 17%.ku suka eka langutelo leri 2025 wa malembe ya indasitiri ya ku paka tinsimbi hi ku angarhela .