Of the 30 coating companies in the world, who will make the most money?

For an enterprise, scale is the threshold and profit is the core. As the ultimate goal of a commercial company, the importance of profit is self-evident. How to make money and how to make money continuously and steadily is a proposition that every company with a sense of crisis must always think about.

Among them, "net profit attributable to owners of the parent company" is reflected in the net profit of a business combination. It refers to the part of the net profit attributable to shareholders of the parent company. It is the most accurate indicator of the company's profit level and is a measure of the company's core business profit. An important indicator of capacity. The net profit growth rate represents the increase in the current net profit of the company over the previous period. The larger the index value, the stronger the company's profitability.

So, who is the most profitable company in 2019? "Coatings Industry", the first financial media of China Coatings, took "net profit attributable to the owners of the parent company" as its core indicator, and released the "Top 30 Most Profitable Coatings Companies in the World in 2020" on September 3 "The companies on the list are ranked according to the net profit of the most recent fiscal year from high to low.

The total net profit of the 30 companies on the list in 2019 was US$7.1431 billion. Among them, Sherwin-Williams ranked first with a net profit of US$1.541.3 billion. PPG of the United States and Sika of Switzerland ranked second and third respectively, with net profits of US$1.243 billion and US$783.6 million respectively.

In addition, Akzo Nobel, Asia Paint, Nippon Paint, Oriental Yuhong, Lipama, Axalta, and Baise Bear ranked 4th-10th, with net profits of US$358.7 million, US$336.2 million, and US$296.1 million respectively. , 266.6 million US dollars, 252.6 million US dollars, 229.3 million US dollars.

In terms of net profit margin, India Asian Paint ranked first with a net profit margin of 13.38%, Thailand TOA ranked second with a net profit margin of 12.70%, and China Oriental Yuhong ranked third with a net profit margin of 11.38%; and South Korea's NALO Coatings, ranked 28th in the global coatings category, was at the bottom with a net profit margin of 2.60%.

The list shows that the net profit margins of 6 companies including Asia Paint, TOA, Oriental Yuhong, Bose Xiong, Valmont, and Piaget Paint exceeded 10%, which were 13.38%, 12.70%, 11.38%, 11.03%, 10.77%, and 10.31%. There are 16 companies with a net profit rate of 10%-5%, and 8 companies with a net profit rate of less than 5%.

From a regional perspective, there are 6 companies in the United States, 6 in Japan, 6 in China, 2 in India, 2 in Germany, and 1 each in Switzerland, the Netherlands, Norway, Thailand, Denmark, France, Finland, and South Korea. Among them, six Chinese companies including Oriental Yuhong, Sankeshu, Keshun Co., Ltd., Yongji Paint, Asia Chuangneng, and Haolisen are on the list.