It can be prepared by directly crushing natural calcite, limestone, chalk, shell, etc. by mechanical methods (using Raymond mill or other high-pressure mill). Because the sedimentation volume of heavy Calcium Carbonate is smaller than that of light calcium carbonate, it is called heavy calcium carbonate.
Heavy calcium carbonate is abbreviated as heavy calcium. It uses high-quality limestone as raw material and is processed into white powder by a lime mill. Its main component is CaCO3. Heavy calcium has the characteristics of high whiteness, good purity, soft hue and stable chemical composition. Heavy calcium is usually used as a filler. It is widely used in daily chemical industries such as artificial floor tiles, rubber, plastics, papermaking, coatings, paints, inks, cables, construction supplies, food, medicine, textiles, feed, toothpaste, etc. Increase the volume of products and reduce production costs. Used in rubber, it can increase the volume of the rubber, improve the processability of the rubber, play a semi-reinforcing or reinforcing role, and can adjust the hardness of the rubber.
Heavy Calcium Carbonate,Heavy Calcium Carbonate,Calcium Carbonate Heavy/Light Powder,CaCo3 Henan Shunbang Chemical Industry CO.,Ltd , https://www.spvcresin.com
During the year, Jiangsu Gongzheng Certified Public Accountants issued a standard unqualified audit report for the company. The company's main business and main products: The company belongs to the machinery manufacturing industry: mainly engaged in the manufacture and sales of agricultural diesel engines, combine harvesters, agricultural vehicles, etc. Business Environment: 2003 was a key year for the company. All employees of the company, led by the board of directors and managers, forged ahead in unity and worked hard to overcome the unfavorable factors such as atypical pneumonia and rising prices of raw materials. A series of effective measures such as strengthening market expansion and reducing costs and expenditures have reversed the situation in which the company’s various indicators have been declining year after year. It has achieved profitability, achieved overall growth in major economic indicators, and the business operations have entered a virtuous circle. Key Analysis: Main business income The main business income of the company in 2003 was RMB 1,610,724,850.12, which was 2% higher than that in 2002. During the reporting period, the company's main business income by product category was as follows: During the reporting period, the main business income of the company Compared with the steady growth in the previous period, the main reason was that the company stepped up the development of new products, improved the product quotation system, adjusted product structure and market layout, and improved profitability. Its parent company produced a total of 943,100 diesel engines, a year-on-year increase of 3.09%, and sold 952,000 units of diesel engines, a year-on-year increase of 3.44%. Its product sales revenue was 1,386,966,000 yuan, an increase of 8.46% year-on-year, and realized a profit of 47,246,800,000, a net increase of 533,693,400 yuan year-on-year. . On the other hand, in 2003, the national construction machinery industry maintained a momentum of growth, and the strong demand for mechanical products brought good development opportunities to the company. In this context, the company's output has increased steadily, and sales efforts have also been increased, which has further improved the company's operating conditions and increased its main business income. Product's total share in 2003 Diesel Engine Parts and Accessories 1,507,631,614.08 97.72 Agricultural Vehicles 35,148,279.04 2.28 Total 1,542,779,893.12 1 Main operating costs: The company's main operating costs in 2003 were RMB 1,319,813,616.50, which was 6% lower than in 2002 and the company's main operating costs during the reporting period The decrease was mainly due to the full implementation of cost reduction and cost reduction within the company. The cost dropped by 11% during the year. The cost of the four branches of the company declined in an all-round way, and all of them achieved profitability for the first time; the price adjustment was effectively controlled in the procurement work; value engineering was actively used in product development work; and energy-saving work was vigorously reduced to reduce comprehensive energy consumption, etc. The cost pressure of the increase in the market price of raw and auxiliary materials to the company's operations has been absorbed. Accounts Receivable: The company’s accounts receivable in 2003 was 326,892,033.04 yuan, 28% lower than in 2002. The company’s accounts receivable amounted to 817,322,192.03 as of December 31, 2003, and provision for bad debts was 490, 430, 158.99. Accounts receivable net 326,892,033.04, compared with 2002, the company's accounts receivable decreased significantly, mainly due to the company's short-term accounts receivable within 3 years significantly reduced (03 years: less than 3 years short-term Accounts receivable was 264,130,854.63, compared with 595,310,644.31 in 2002), a decrease of 55.63%. Inventory: The company's stock in 2003 was 245,479,793.71 yuan, which was 15% lower than last year. As can be seen from the report, the proportion of raw materials in inventory was the largest in 2003. As of December 31, 2003, the inventory amount was 284,675,573.85, and the raw material book value was 152,743,108.83, accounting for approximately 53.66% of the total inventory amount. The main reason is that the market price of the company's main raw and auxiliary materials continues to grow substantially, which brings great cost pressures to the company's operations; and due to the continuous increase in the prices of raw and auxiliary materials, the supply of raw materials for the market is tight and the spare parts for the products are in short supply. The company overcomes many difficulties and does everything possible to organize the supply of parts to meet production requirements. Therefore, raw materials account for a large proportion. At the same time, compared with the same period of last year, the book value of finished goods decreased from 98,496,702.01 in 2002 to 64,273,455.46 in 2003, a decrease of 34.75%. In the current year, the company’s provision for falling prices for certain products was lower than the cost, and provision was made for falling prices. In response to changes in the market, the company adjusted the sales price of products in a timely manner to increase the profitability of products, and the proportion of finished products decreased. Total profit: The company's total profit in 2003 was RMB 42,798,344.13, which reversed the negative total profit in 2002. The company's main business revenue increased by 2% over the previous year. The main business cost decreased by 6% from last year, and the total profit increased by 619 from last year. 899,703.94, for the first time reversed the loss situation in 2002. The increase in gross profit margin in 2003 compared with 2002 was mainly due to the steady increase in sales volume and the decrease in the cost of sales. In 2003, the company’s operating expenses decreased by 30.46% from the previous period, which was mainly attributable to the company’s greater control over operating expenses, lowering sales promotion and non-operating expenses, and strengthening the assessment of sales personnel. Changchai Jintan Diesel Engine Co., Ltd. was no longer included in the scope of consolidated financial statements for this period. Administrative expenses decreased by 478,583,520.65 compared with last year, financial expenses decreased by RMB 13,824,394.99 over last year, non-operating income decreased by RMB 1,007,054.42 over last year, and non-operating expenses decreased by RMB 45,106,539.72 over last year. From this, it can be seen that the increase in the company’s total profit mainly comes from the reduction of various costs and expenses. The reason for this is that during the year, the company has carried out a full-scale cost reduction within its own company. During the year, the cost has dropped by 11%. The cost of the four branches of the company declined in an all-round way, and all of them achieved profitability for the first time; the price adjustment was effectively controlled in the procurement work; value engineering was actively used in product development work; and energy-saving work was vigorously reduced to reduce comprehensive energy consumption, etc. The cost pressure of the increase in the market price of raw and auxiliary materials to the company's operations has been absorbed. Net operating cash flow: The company's operating net cash flow in 2003 was 187,763,577.90 yuan, an increase of 66% over 2002. The increase in net cash flow from operating companies is mainly due to the fact that the company received more tax revenues in 2003 (3,196,814.38 yuan in 2003 compared with only 332,045.82 yuan in 2002). At the same time, cash paid for purchasing goods and accepting services Outflows, cash outflows paid to employees and paid for employees, and various taxes and fees paid have decreased compared to the same period of last year. These factors together led to an increase in net cash flow from operating activities. Prospects Analysis: The company is mainly engaged in the manufacture and sale of agricultural diesel engines, combine harvesters and agricultural vehicles. The agricultural diesel engine business accounts for more than 95% of the main business income. It once played a decisive role in the diesel engine industry in China. However, after entering the year 2000, the adjustment of the agricultural structure and the decline in the purchasing power of farmers have inhibited the growth of effective demand in the agricultural diesel engine market. In addition, the rapid rise of private enterprises in the industry has also led the company into a fierce market competition and has become passive. Its performance has been declining year by year and it has suffered losses. In 2002, the amount of losses reached 477 million yuan. In 2003, in order to reverse the loss situation, the company once adopted a series of measures, including streamlining institutions, reducing personnel, compressing period expenses and product inventory, and recovering loans. In addition, some adjustments have been made to the product structure, such as increasing input to the combine harvester business and strengthening the production and sales of multi-cylinder diesel engines. However, several combined harvester projects invested by the company did not produce very good benefits, but instead they incurred huge losses. Strict control of costs led to an increase in profits from main operations, but product prices remained in a downward trend. In addition, although the efficiency of the multi-cylinder diesel business is good, the proportion of this business to the main business income is still very low, and the field is also facing fierce competition, and it is difficult to guarantee the continuity of growth. Therefore, some of the above measures have still failed to fundamentally change the passive situation of the company. It is worth noting that in 2003 the company for the first time reversed the company's decline in various indicators of the situation in a row, to achieve profitability, the overall growth of major economic indicators, business operations into a virtuous circle. However, at present, the overall prosperity of the entire agricultural diesel engine industry has not improved, the competition is still fierce, and the product profitability space continues to be compressed. Therefore, if the company wants to completely get rid of losses and achieve comprehensive growth, it will inevitably go through a long period of time. Hard work can be achieved.