[Stationery set wholesale] The paper industry grows month-on-month and the industry trend is expected to be better every quarter

　　Take 22 listed paper-making companies as representatives to collect statistics on the comprehensive operation of the industry in the first half of the year. The results show that although the performance of the paper-making industry in the first half of the year is still lower than that of the same period last year, it has improved significantly from the previous month. For the wholesale of stationery suits, especially in the second quarter, the industry turned losses into profits. Net profit rose from -90 million yuan in the first quarter to 445 million yuan. Operating income increased by 28.4% from the previous quarter, and the comprehensive gross profit margin reached 17.73%. Representatives of 22 listed paper-making companies came to collect statistics on the comprehensive operation of the industry in the first half of the year. The results showed that although the performance of the paper-making industry in the first half of the year was still lower than that of the same period last year, the quarter-on-quarter performance has been greatly improved. For the wholesale of stationery suits, especially in the second quarter, the industry turned losses into profits. Net profit rose from -90 million yuan in the first quarter to 445 million yuan. Operating income increased by 28.4% from the previous quarter, and the comprehensive gross profit margin reached 17.73%, an increase of 7.6 percentage points from the previous quarter. . Regarding the specific companies of stationery set wholesale, the revenue and net profit of Sun Paper, Bohui Paper, Chenming Paper, and Huatai have been picking up quarter by quarter.　　Analysts believe that the paper industry’s month-on-month trend will continue, mainly because gross profit margins continue to rise and sales increase. In terms of gross profit margin, as paper prices have continued to rise since the second quarter, the frequency and magnitude of price increases in July and August have increased. There is a large price increase expectation for white cardboard and coated paper in September, and the low-priced raw material inventory of manufacturers Larger, so the industry gross profit margin will increase significantly in the second half of the year. In terms of the wholesale sales of stationery sets, since 2004, the industry's production and sales have increased quarter-on-quarter, and the quarter-on-quarter growth rates of production have remained at around 20.6%, 0.3%, and 5.58%, respectively, and the quarter-on-quarter growth rates have remained at 23.47% and -0.39%, respectively. And 7.01%. This year's paper sales will continue the traditional trend of higher than that in the second half of the year. If the economic environment continues to improve, sales in the second half of the year will not rule out the possibility of exceeding expectations. Analysts pointed out that the world’s major economies have bottomed out and have gradually shifted into weaker growth. The domestic economy of stationery set wholesale is picking up, and exports are gradually recovering. Demand in the paper industry will continue to rise as the macro environment improves, coupled with seasonality. , Paper price increases and other factors, there is greater certainty that the performance will rebound quarter by quarter, and the investment rating recommended by the industry is maintained. In the current market turbulence adjustment and the trend is not clear, analysts suggest that the paper industry with performance support, a quarterly rebound trend, and a relatively low valuation can be increased. It is recommended to pay attention to Sun Paper, Jinjia shares, Chenming Paper and Bohui Paper.