A few days ago, the world's ceramic giant, Mohawk Industries, announced its 2023 financial report, with revenue of $11 billion (about 791.) in 20233.7 billion yuan), but it lost 4400 million US dollars (about 316.5 billion RMB).
According to the World Ceramics Review, Mohawk Industries (hereinafter referred to as "Mohawk Industries") had a revenue of $11.2 billion (about 80.5 billion) in 2021The annual revenue of 7.6 billion yuan was 11.7 billion US dollars (about 84.1 billion7.3 billion yuan), and the revenue in 2023 is the lowest in the past three years, a decrease of 700 million US dollars (about 50.0 billion) from 20223.6 billion yuan), a decrease of 200 million US dollars (about 14. percent.) from 2021RMB 3.9 billion).
Among them, in 2023, the revenue of Mohoke's global ceramic tile business will be 4.3 billion US dollars (about 309.).3.5 billion yuan), which is basically the same as in 2022, but the proportion of total revenue has increased from 3676% to 39%. It is worth mentioning that in 2022, the revenue of Mohok's global ceramic tile business will achieve double-digit growth year-on-year, with an increase of 10%.
According to the "Ceramic World Review", the revenue of Mohoke's global ceramic tile business in the first three quarters of 2022 will reach 33200 million US dollars (about 2388.5 billion yuan), an increase of 119%, accounting for 365%。In the third quarter alone, Mork and the global ceramic tile business revenue of 109.7 billion US dollars (about 789.2 billion yuan), a year-on-year increase of 98%。
In the first half of 2023, Mohok's global ceramic tile business revenue was US$2.2 billion, which remained stable compared with the same period in 2022, while in the first three quarters, Mohok's global ceramic tile business revenue was about 23.7 billion yuan, down 04%。According to the analysis, this is mainly due to the further tightening of residential investment and consumer discretionary spending.
However, in the fourth quarter of 2023, Mohawk's global ceramic tile business revenue was 99.4 billion US dollars (about 7.1 billion.)RMB5.1 billion), compared to 98.8 billion US dollars (about 7.1 billion.)0.8 billion yuan) compared with an increase of 06%。
Image display **UnrelatedIt is reported that due to the impact of multiple factors such as market value and discount rate at that time, Mohoke's assets were impaired and non-operating expenses were also increased, so Mohok's net loss in the first three quarters increased significantly to 57.9 billion US dollars (about 4.1 billion.)6.5 billion RMB).
However, in the fourth quarter of 2023, Mohok's revenue was $2.6 billion (about 18.7 billion0.5 billion yuan), a year-on-year decrease of 14% and net profit of 1US$3.9 billion (about 1 billion yuan), compared with US$33 million (about 2.) in the fourth quarter of 20223.8 billion yuan) net profit increased by 421%. As a result, Mohoek will lose 4400 million US dollars (about 316.5 billion RMB).
In addition to the ceramic tile business segment, the performance of Mohoke's flooring business in 2023 is also relatively stable. In 2023, its revenue will be 3 billion US dollars (about 215.5 billion8.3 billion yuan), which is also basically the same as in 2022. Among them, the revenue of the North American flooring business was 3.8 billion US dollars (about 27.3 billion).3.8 billion yuan), compared with 4.2 billion US dollars (about 302. billion) in 2022RMB1.6 billion) decreased by 11%.
Specifically, the North American flooring business reported net sales of 9$1.2 billion (about 6.5 billion.)6.1 billion yuan), down 15 percent, compared to 9 in the same period last year4.6 billion US dollars (about 680.6 billion yuan). This compares to 70.6 billion US dollars (about 50RMB7.9 billion), compared to 7$1.7 billion (about 5.1 billion.)5.8 billion yuan) compared to a decrease of 36%。
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