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Silicone prices continue to rise Silicone concept stocks are expected to benefit

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According to relevant data, the price of silicones continued to rise this week, and the highest price of DMC and 107 glue was almost 20,000 yuan/ton. Some analysts believe that the future price of silicone is expected to further stabilize and rebound, and related listed companies are expected to benefit. So, what are the silicone concept stocks? Let's take a look at it. Silicone prices continue to rise, silicone prices are rising


Xin'an shares: Xin'an shares are mainly engaged in crop protection and organic silicon materials. Xin'an Co., Ltd. recently released its 2018 financial report. The announcement shows that the revenue during the reporting period was 11.01 billion yuan, a year-on-year increase of 51.19%; the net profit attributable to shareholders of listed companies was 1.233 billion yuan, an increase of 131.52%. As of December 31, 2018, the net assets of Xin'an shares attributable to shareholders of listed companies were 5.648 billion yuan, an increase of 25.63% from the end of the previous year. Hesheng Silicon Industry: From the perspective of business structure, “industrial silicon” and “silicone” are the main sources of business revenue. Specifically, "Industrial Silicon" operating income was 5.82 billion, with revenue accounting for 52.7%. “Organic Silicon” operating revenue was 5.17 billion, with revenue accounting for 46.8%. From the perspective of profit contribution, “silicone” gross profit contributed the most. During the reporting period, the comprehensive gross profit margin of the company was 40.8%, up 2.1 percentage points year-on-year. Sanyou Chemical: Sanyou Chemical has always attached great importance to technological innovation, insisted on technological innovation as the first driving force, and constantly overcome technical problems through independent research and development. During the reporting period, the company achieved breakthroughs in platform construction, technological innovation, and product structure optimization. In July 2018, the company's R&D building was officially put into use, and the R&D center was successfully established. With the upgrade of the platform to promote technology upgrades, the company's scientific and technological innovation strength has been significantly enhanced. Reading extension: Silicone products have good electrical insulation properties, and their dielectric loss, withstand voltage, arc resistance, corona resistance, volume resistivity and surface resistivity are among the best in insulating materials, and their electrical properties are affected by The effects of temperature and frequency are small. Therefore, they are a stable electrical insulating material and are widely used in the electronics and electrical industries. In addition to excellent heat resistance, silicone has excellent water repellency.

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