In The First Half Of 2012, 40% Of Small And Medium-Sized Enterprises Of Cotton Textile Enterprises Were Out Of Business.

In the heat of summer, textiles

But in the cold winter.

The increasing price of cotton at home and abroad and the weak market demand have repeatedly frustrated the competitiveness of China's textile industry.

A report released by CICC said textile manufacturing companies are expected to report negative growth for half a year, due to lower demand and low price of raw materials, resulting in no order price and higher base in the first half of last year.

Querying textile companies that have issued semi annual reports and semi annual reports have found that the losses of most enterprises are increasing.

40% loss of cotton textile enterprises

In fact, since last year, the textile industry has been in the "winter".

Behind this, cotton accounts for about 70% of the cost of the textile industry to become the "culprit".

According to the Ministry's website, the cotton price at home and abroad was about 4500 yuan / ton as of July 5th.

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The cotton textile enterprises tracked by the Association reached a deficit of 40%, and less than 30 thousand spindles had nearly 50% reduction in production and production.

Among them, the production of cotton spinning primary products in Xinjiang has become the "worst hit area".

The same is from the Ministry of industry news, at present, Xinjiang textile enterprises face a loss of about 65%, the industry sales revenue decreased by 25%, the industry loss of more than 300 million yuan.

Xinjiang Tianshan wool textile Limited by Share Ltd (000813.SZ, hereinafter referred to as "Tianshan textile") is an example.

On the 13 day, the annual report of Tianshan textile reported that the net profit attributable to shareholders of listed companies is expected to be 16 million yuan, which is nearly four times the loss of 4 million 178 thousand and 200 yuan in the same period last year.

The company said that due to the decline in international orders, the product cost increased over the same period last year, resulting in a year-on-year decrease in the main business profits. In addition, the company's main raw material prices fluctuated considerably, and the provision for impairment of assets in the current period increased year by year.

Textile enterprises outside Xinjiang were also not spared.

Hubei textile enterprise ST 000971.SZ said that because of the decline in export business and fierce competition in the domestic market, the income of textile business in the first half of this year dropped by more than 25% compared with the same period last year. Net profit in the first half of this year is expected to be about 18 million ~2400 yuan.

On the evening of July 10th, 002293.SZ revised its performance forecast, which dropped from 30% in the first quarter of April 23rd to less than 30% in the first half of the year.

Before, although the organization has some preparations, it is expected to drop by 10%.

The next day, the company's share price was smashed to a limit because of sudden performance changes, and textile stocks also fell.

An industry source told reporters that the shortage of orders, half of the factory machines and half-way half-life are very common this year.

Whether or not the price rises, enterprises are very difficult to handle.

The gross profit margin of textile industry is generally around 5%.

In the downturn, prices will lose market share, and no price increases will be faced with losses.

Just last month, the order of Changshou City Jingwei Jingwei Weaving Co., Ltd. has dropped by about 20%. At this time, the load was started at full time, but the company has only eight or nine of the work rate at present. Even so, chairman Xu Jianping told reporters: "it is still much stronger than other companies. We must know that only in the labor force, the cost of the company has increased by about 15%."

Upstream textile enterprises are having a bad time, and downstream garment enterprises are also affected.

In the first half of last year, 000902.SZ made a net loss of 5 million 993 thousand and 300 yuan to shareholders of listed companies.

In a semi annual report released last week, the company said it expects to lose 18 million ~1900 yuan in the first half of this year, down by 200.34%~217.02% compared with the same period last year, and the reason for the loss is also inseparable from the two major ills of sluggish demand and rising costs.

According to the Ministry of industry and commerce, the textile industry will continue to be in a difficult position in the second half of the year. Textile and clothing exports will continue to grow at a low level. The overall growth rate of the industry will decline sharply compared with the previous year. The deficit and loss will expand. More small, medium and micro enterprises will face the risk of being eliminated.

First textile network editor in chief Wang Wang analysis told reporters that the textile industry itself has reached the "turning point".

He explained that before and after 2000~2008, the textile industry's "golden development period", regardless of productivity or efficiency, all indicators can grow at a rate of 20% or even higher every year.

But in the process of rapid growth, there are many potential contradictions, such as overcapacity.

Now, because of the poor export market in Europe and America, the textile industry, as an export-oriented industry, is becoming more and more intense.

An industry personage also told reporters that a large number of small and medium enterprises in the textile industry, in addition to facing the needs and cost problems, but also faced with financing difficulties, but also face the problem of financing expensive.

Financing channels are not smooth enough to get credit support, and enterprises that are supported by credit have to face up to the problem of floating interest rate, acceptance of bills of exchange, difficulty in obtaining loans in full and short loan period.

Wang Qianjin also said that some large enterprises have been trying to upgrade the industry, such as the original processing orders, and now they also attach great importance to brand creation.

Enterprises are used for reference.