2011年Tenaris和Vallourec钢管生产经营状况分析

Analysis of Production and Management Situations of Tenaris and Vallourec in 2011

从钢管销售量、盈利能力、市场分布、资产负债情况和偿债能力等方面,分析了卢森堡Tenaris和法国Vallourec两大钢管企业在2011年的钢管生产经营情况。分析认为,2011年Tenaris集团和Vallourec集团的销售收入都有较大增长,但Vallourec集团的净利润下降;美洲是Tenaris集团和Vallourec集团的主要钢管市场;Tenaris集团的资产和负债都变化不大,但Vallourec集团的资产和负债则有较大增长。对于2012年的钢管市场,Tenaris集团和Vallourec集团均表示看好油气开采用管市场。

Analyzed in the article are the 2011 production and management situations of Tenaris （Luxem- bourg） and Vallourec （France）, the two major powers in global steel pipe-making circles in terms of sales vol- ume, profitability, market share, assets and liabilities, and debt-paying ability. As a result, the following data are identified. In 2011, both Tenaris Group and Vallourec Group had significant growths of sales revenues, whereas the net profit of the latter was reduced; the two groups still had their major steel tube market shares in the American Continent; while Tenaris kept its assets and liabilities little changed, in contrary, Vallourec had its assets and liabilities increased significantly; and for the steel tube market prospects in 2012, both groups are optimistic about the market of OCTG.