Since the beginning of this year, the overseas demand of the tire industry has been strong, and the orders of tire companies are full. This Spring Festival of the Year of the Dragon, the upstream and downstream of the tire industry chain ushered in a busy holiday, and rushing to work has become the new normal of the industry.
In previous years, the holiday began on the 25th of the lunar month, and this year it will be done until the 29th of the lunar month, and the fifth day of the Lunar New Year will come back to catch up with the order. The relevant person in charge of the steel cord leading Daye Co., Ltd. told the **Times reporter that the current company's orders are very full, especially for the downstream semi-steel tire products, so the Spring Festival holiday does not dare to put too long.
According to the statistics of the rut network, the shutdown period of tire enterprises during the Spring Festival of the Year of the Dragon has been shortened, and the number of holiday days for semi-steel tire enterprises is less, or even no holiday. Judging from the external statements of a number of tire listed companies, they are basically "idle".
Linglong Tire said that the company's semi-steel tire production is basically full production, and the whole steel will be reasonably arranged according to the situation of different branches, and the holiday situation needs to depend on the unified deployment of the production department. Triangle Tire said that due to more orders, the workshop had four or five days off during the spring break, which was two days less than last year. The Sen Kirin Thailand factory will not stop, the Qingdao factory will be shut down for two or three days to overhaul and maintain the machine, and the warehouse is expected to ship normally and still operate at full capacity.
Due to the approaching Spring Festival holiday, the increase in residents' travel has driven the demand for semi-steel tires to improve, and some terminal stores have increased sales.
At the same time, the semi-steel tire foreign trade orders are sufficient, to support the overall start-up, coupled with the shortage of orders in the early stage, most tires actively start to reserve inventory before the next holiday, the current overall inventory is relatively low, and some companies are lower than the same period last year. Compared with semi-steel tires, the situation of all-steel tires is somewhat tepid, due to the decline in demand for replacement in the retail market of truck and bus tires in mid-January, resulting in insufficient demand for all-steel tires. According to the data, as of February 1, the operating rate of semi-steel tire factories was 7848%, much higher than the all-steel tire enterprises, the operating rate of the all-steel tire factory is 5642%, and the operating rate is gradually decreasing.
According to the feedback of listed companies such as Linglong Tire, Sailun Tire, and Sen Kirin from brokerage institutions, most companies currently have orders exceeding production, and some companies also have a large supply gap.
At present, the upstream of the tire industry chain, including key raw materials such as natural rubber, synthetic rubber, steel cord, carbon black and synthetic fiber, and related enterprises are also driven by the demand for tires to usher in the climax of construction.
A few days ago, the relevant person in charge of Dawn Co., Ltd., a listed company of chemical polymer materials, told reporters that among the company's products, DVA materials for gas barrier layer of automobile tires have been applied to self-healing tires to achieve supply, and have cooperated with head tire companies. "With the increase in downstream demand, the company's demand for modified plastics, elastomer TPV and other products is soaring, and this year's Spring Festival holiday is only three days off. ”
It is worth noting that with the gradual increase in the prosperity of the industry, the performance of A-share tire listed companies in the past year has also risen, in the current release of performance forecasts of 9 tire companies, 8 to achieve pre-growth, many companies profit to reach double-digit or even triple-digit growth, and even more up to 33 times year-on-year. Judging from the recent stock price trend, at the time of the market crash, the head tire companies showed a certain degree of resistance, among which the share price of Sailun Tire was **17 during the year02%, Linglong Tires**1182%, Mori Kirin**525%。
Industry insiders said that sorting out the current investment logic of the tire industry, first of all, in 2023, the logistics and first-class chain operation will gradually recover, the production and sales of the automobile industry will grow rapidly, the tire industry will show a state of comprehensive recovery, and the production and sales of enterprises will be booming.