The textile industry pick up speed polarization polarization intensified


     After the gold development period from 2001 to 2008, has been in a slow recovery after the financial crisis, the textile industry, and now began to accelerate recovery. But at the same time, industry polarization is also further exacerbated. According to statistics, the 2013 A-share textile and garment industry overall ROE (net assets yield) was 7.9%, compared to 3.6% over the same period last year increased by 4.3 percentage points, while the third quarter of last year, the textile industry ROE (ROE) An increase of only 1.32 percentage points. As a judge of profitability of listed companies is an important financial indicators, ROE substantially improved, or is a reflection of the textile industry to accelerate the signs of warming. From the specific company, the world's largest yarn-dyed fabric production base, color-spinning cloth industry leader Lu Tai A 2013 annual report shows that last year operating income of 6.478 billion, an increase of 9.78%; net profit of 9.99 billion, an increase of 41.17% . Lutai A said in the annual report, profitability, mainly due to rising prices of long-staple cotton and export orders to improve the price, resulting in the company's gross margin increased by nearly 4 percentage points, of which the fourth quarter gross margin increased by 7.49 percentage points . Coincidentally. Color spinning yarn Huafu color spinning business performance last year is also very beautiful, respectively, operating income and net profit of 6.24 billion, 200 million, respectively, an increase of 8.86%, 120.72%. The company said it was mainly due to seize market opportunities, while introducing new products in line with market demand. "Since the second half of last year, the entire textile industry does warmer, which is mainly reflected in the textile, clothing, fabric enterprises." Shenzhen Textile Industry Association, Liu Shijie told reporters that the industry rebounded mainly due to economic recovery in developed countries, Clothing demand, coupled with increased domestic enterprises to promote efforts, product development progress, and vigorously develop electricity providers, broaden sales channels, as well as internal cost control. Reporter combed found that, in addition to the company, the Blum Oriental, Jialin Jie, Jinlong shares and many other enterprises last year net profit doubled, red beans shares, Meng Jie Home Textiles, Hailan home, Pathfinder were compared An increase of 73.78%, 70.91%, 35.58% and 31.53% respectively. At the recent China Textile Industry Federation Spring Research Conference, cotton research group pointed out that through the China Federation of Trade Unions since February in Shandong, Henan, Hebei, Hubei, Chongqing and other places of the survey found that the textile industry as a whole running smoothly , Most of the normal operating rate of enterprises after the holiday, the order is relatively abundant and steady growth. Polarization further exacerbated However, the overall prosperity behind, but conceal part of the difficult business bitterness. A listed company executives told reporters that from the industrial chain point of view, the middle and upper reaches of the market relative excess capacity, mainly due to expansion of production capacity in previous years is too fast. The overall situation from the industry point of view, despite the steady growth of the industry as a whole, leading performance of listed companies increased, but most small and medium enterprises are still struggling. Spring research report from China's cotton textile industry also shows that some enterprises have difficulties in developing cotton because of the current cotton policy and the huge stock of state-owned stocks that need to be digested each year, as well as rising costs, taxes and capital pressures. Some small and medium enterprises living environment has further signs of deterioration. At the same time, most of the strength of large enterprises are going out or planning to go out to Southeast Asia, Africa, Australia, the United States and other places to invest and build factories. "China's cotton textile industry 'going out' is the policy 'forced' out." China Cotton Textile Industry Association, vice president of high-Yong said. "Since 2008, the industry has been in a weak recovery state, is still in the adjustment period, and with the continuation of the adjustment, the industry polarization will continue to intensify." The first textile network editor Wang forward told reporters that before 2008 the entire textile industry Basically in full-profit situation, and after that, the industry began to show differentiation. Wang forward that the current situation in the textile industry, on the one hand, in a particular field or a unique competitive advantage of the backbone enterprises, sustained high growth performance; the other hand, those "popular" textile enterprises, especially SMEs Lack of competitiveness, lack of market pricing power, operating conditions deteriorating. "Analysis of the situation in the textile industry in 2014," the report pointed out that 2014 is worth looking forward to the textile industry a year. From the macroeconomic situation, the domestic macroeconomic environment in 2014 is likely to become better, the textile industry will likely go beyond the bottom of the wandering into the growth stage, the overall international economic environment is not very good circumstances, as long as there is no environmental deterioration Of the phenomenon, or be a good news. Therefore, strengthening the industrial structure adjustment, promote the industry transformation and upgrading, enhance the industry self-innovation ability and sustainable development is still the theme of the textile industry in 2014. "The adjustment period of the textile industry will continue until 2015, then, the industry will enter the upgrade period." Wang forward said.

TypeInfo: Industry news

Keywords for the information: