A Glimpse Of The Development Of Domestic Cotton Textile Listed Companies

"Start compensation 2000, stop work 3000."

Managed a small business.

Tian Lianchen, the boss.

He runs

Located in Dezhou, Shandong cotton and textile County Xiajin, the company was founded in 2003 with a scale of 20 thousand spindles.

But he has had a hard time since 2008.

"2003 to 2008 profit, 2009 guaranteed, 2010 profit, 2011 basically guaranteed.

In 2012, the situation was the most severe since the start of the work. Labor and raw materials prices are soaring, and survival is very difficult.

He accounted for the reporter: the lint price is 18000 yuan / ton, according to the production rate of 1.1, raw material cost is 19800 yuan / ton; in addition, the average cost of spinning one ton yarn interest depreciation, equipment depreciation, labor, water and electricity and other costs is about 8000 yuan, the total cost is 27800 yuan.

At present, the price of yarn is 26000 yuan / ton.

Roughly estimated, a ton of yarn is worth 1800 yuan.

The monthly output of the company is 250 tons, which is 450 thousand in a month.

The work is still fairly low.

If it does not start, according to Tian Lian Chen, the depreciation cost of the factory will be around 3000 yuan / ton.

A glimpse of it is evident.

Flush shows that in 2011, 8 of the 16 cotton textile listed companies declined.

In the first quarter of 2012, the sliding surface increased, and 13 of the 16 companies declined, accounting for 81.25%.

The semi annual report is even more bleak.

600152.SH expects profit in 2012 will decline in the same period last year.

The recession has also made loans extremely difficult. The guarantee circle centered on textile enterprises is growing. The core enterprises of the guarantee circle are generally local large textile enterprises, such as

(002087.SZ),

(002072.SZ) and so on.

And more serious consequences are brewing.

The recession has led directly to insufficient demand, and cotton prices have declined, and cotton planting area has been greatly reduced.

"Last year Dezhou cotton planting area was 1 million 630 thousand mu, this year 1 million 300 thousand mu, has reduced by 20%."

Ma Junkai, chairman of the cotton industry association of Dezhou City, Shandong Province, said anxiously.