Sichuan Textile Enterprises: "High Places Are Not Cold"

　　 "Textile enterprises are very worried that there is a feeling of high altitude and cold." Sichuan Zhou Yusheng, Secretary General of the cotton textile industry association, revealed that a small number of enterprises had been overstock.

In June 30th, Sichuan listed company Huarun Jinhua issued a notice of performance. It is expected that net profit in the first half of this year will reach 36 million ~3800 yuan, an increase of 460%~490% over the same period last year. Huarun Jinhua explained that the surge in performance was due to the continuous improvement of the company's textile business. Affected by this news, the company's stock swept through the haze, strong strength for many days. Later, another Sichuan stock seized eyeballs. According to the July 6th announcement of the sales of Spandex Products, the net profit in the first half of this year is about 63 million yuan, up 1373.96% from the same period last year.

According to the statistics of Sichuan cotton textile industry association, the cotton (328 level) in Sichuan area was 12 thousand and 800 yuan / ton at the beginning of the year, and now it has risen to 19 thousand and 600 yuan / ton, ranking the highest in the past three years. The price of yarn and cloth has increased by 12.5%~44%. The International Cotton Advisory Committee estimated that cotton prices will rise by 12% in the next two to two years.

In the context of the sharp rise in costs, will textile enterprises continue to maintain their first half performance in the second half of the year?

Meishan textile enterprise marketing person in charge, " RMB Appreciation, rising cost of raw materials, export rebates and other factors are Spinning enterprises The industry will face many challenges in the second half of the year.

Sichuan Textile Industry Association in Sichuan annual sales income of more than 5 million yuan or more than 170 large scale textile enterprises survey found that: last year 1~12 months, Sichuan textile enterprises production of yarn and cloth production year-on-year growth is about 30%, this year 1~5 month growth is more than 47%, but about 10% of the textile enterprises are still in a state of loss.

Although sales and prices have risen sharply, resulting in a substantial increase in performance revenue, but because cotton prices continue to skyrocket, water and electricity prices and labor costs increase, so that the cost of business is also rising sharply. In the 1~5 months of this year, the cost of Sichuan cotton textile owner's business was 8 billion 866 million yuan, an increase of 48.59% over the same period, accounting for 89.42% of the main business income.

Operating expenses and administrative expenses amounted to 470 million yuan, an increase of 48.79% over the previous year, accounting for 5.3% of the main business income. If tax and interest are deducted, the profit level of enterprises is only 4.12%.