China Sewing Machine Development Report Of Sewing Machine Industry In 2012

< p > comprehensive 2012 development situation, our country's < a href= "http://www.91se91.com/news/index_c.asp" > sewing machinery < /a > industry has been developing at a low level throughout the whole year, showing the development characteristics of "shrinkage of industry scale", "low before and after production", "internal and external market is not strong", "production is bigger than sales" and "efficiency decline". The specific operation is as follows: < /p >

< p > industry scale overall contraction, prosperity index continued low wandering < /p >

< p > National Bureau of statistics data show that: in 2012, China's sewing machinery industry 280 Enterprises above Designated Size accumulated total industrial output value of 34 billion 900 million yuan, down 5.66% compared with the same period last year, and realized sales value of 33 billion 600 million yuan, down 6.01% compared with the same period last year, the sales and sales rate was 96.3%, and the total sales value declined synchronously year by year.

The average number of employees employed by Enterprises above designated size was 62198, down 9.39% compared with the same period last year, and assets totaled 33 billion 100 million yuan, up 0.75% from the same period last year, but the growth rate dropped by 10 percentage points. The total export volume was 1 billion 870 million US dollars, down 9.60% from the same period last year.

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< p > and according to the statistics of China's a href= "http://www.91se91.com" > Sewing Machinery Association < /a >, the total industrial output value of 105 enterprises in the industry dropped by 18.30% compared with the same period last year, and the sales value of industrial products decreased by 17.15% compared with the same period last year. The sales revenue of products decreased by 10.62% compared with the same period last year, and the output decreased by 29.60% compared with the same period last year, and the total profit decreased by 41.83% compared with the same period last year.

At the same time, the development of small and medium-sized enterprises is more difficult. The overall scale of China's sewing machinery industry shows a significant contraction.

But relatively speaking, the fourth quarter of 2012, the industry sales value has picked up, slowed down compared with the same period last year, and the downward trend of the industry slowed down and stabilized.

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< p > since entering the 2012, China's sewing machinery industry's comprehensive prosperity index has been falling rapidly all the way, continuing to linger in the "cold" and "gradually cold" zones.

In the first quarter, the industry wide prosperity index quickly dropped to the "undercooling" range from the stable section at the end of last year, and then lingered in the "supercooled" zone for 7 consecutive months. The index in May dropped to a low level of 73.10, and the index rose to a "cooling" zone again in October.

In December, the industry overall prosperity index was 82.59, of which the output value index was 90.30, the sales climate index was 88.41, the export prosperity index was 96.68, the asset prosperity index was 92.99, and the profit climate index was 54.79.

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< p > < strong > yield decreased in the whole year before and after < /strong > < /p >

< p > over the whole year, the overall output of the industry changed. In 2012, the total output of the industry dropped significantly, and the monthly output decreased again to the two or three quarter of 2009.

According to the Sino Japanese Association, the sewing machinery industry in China accumulated 13 million 700 thousand sewing machines in 2012, down 19.7% compared to the same period last year. Among them, 6 million 810 thousand household sewing machines (2 million 10 thousand ordinary household machines, 4 million 800 thousand multifunction domestic machines), 7.7% down; 6 million 890 thousand 6 million 890 thousand industrial sewing machines, 28.8%; computerized embroidery machines 38 thousand, down 24%.

The output of various products in the industry has declined overall.

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Compared with P, parts and components industry is more serious.

According to the research and statistics of 30 major enterprises in the spare parts industry, the total output value in 2012 was 985 million yuan, down 30.9% compared with the same period last year. The annual production order saturation rate was 70% on average, down 20 percentage points compared with the same period last year, the idle rate of processing equipment was about 25%, and the overall production rhythm of the industry slowed down obviously.

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< p > from the year's production situation, under the general trend of the overall decline of the industry output, the production of the whole machine industry has shown a marked feature of "before and after the high".

In the first quarter, most of the enterprises in the industry were digesting the previous year's inventory and reducing the planned production. After the two or three quarter, the enterprises increased their production intensity, and the output increased as a whole. In the four quarter, taking into account the demand of the traditional peak season, and at the end of the year, many enterprises increased production intensity, and the total output of the industry increased significantly. The output value of Enterprises above the scale of the fourth quarter increased by 16.64%.

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< p > < strong > internal and external demand weak production and sales rate continued to decline < /strong > < /p >

< p > 2012, in the environment of simultaneous reduction of domestic and foreign markets, the sales of products inside and outside the industry also declined.

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< p > domestic sales, according to the National Bureau of statistics, in 2012, 280 Enterprises above Designated Size reached 22 billion 300 million yuan in domestic sales value, 3.20% lower than the same period last year, and 66.30% in domestic sales value, representing a 2 percentage increase over 2011.

The annual domestic sales value of Enterprises above Designated Size showed a year-on-year downward trend, and the domestic sales value began to increase significantly in the four quarter, but the sales value declined compared with the same period last year.

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In terms of export and export, according to Customs General Statistics, in 2012, China's sewing machinery industry achieved a total export volume of US $1 billion 870 million, down 9.60% compared to the same period last year.

Industrial exports were significantly weaker in the beginning of the year, and exports fell by more than 20% year-on-year. Since March, exports increased to around us $160 million / month, and increased to 180 million US dollars / month in June. However, the volume of exports in the early three quarter showed a sharp downward trend.

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According to the data of the General Customs Department, in 2012, China exported 9 million 980 thousand domestic sewing machines (including 3 million 400 thousand manual sewing machines), with an export volume of US $420 million, an increase of 8.09% and 1.80% compared with the same period last year. The export of industrial sewing machines was 3 million 280 thousand, with an export volume of 810 million US dollars, a decrease of 7.89% and 12.18% from the same rate. The export embroidery machine 32 thousand (including a simple non computerized embroidery machine), the export volume was 300 million dollars, which decreased by P compared with the same period last year.

Among them, the export volume of bulk products < a href= "http://www.91se91.com/news/" > embroidery machine < /a > and industrial automatic sewing machine is the most obvious year-on-year decline, all above 35%.

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Less than P, while the internal and external demand is declining, the balance of production and marketing has changed again.

According to the statistics of the National Bureau of statistics, since February, the production and sales rate of the above scale sewing machinery industry in China has been declining month by month. In May, it was even lower to 94%, although after July, as the inventory digestion and production decreased purposefully, the production and sales rate of Enterprises above Designated Size rebounded slightly. In the four quarter, with the increase of output, although sales volume of the enterprises increased slightly, compared with the increment of production, the gap was still very large. The sales and sales rate of the industry declined again at the end of the year, and the sales and sales rate in November was even lower than 90.63%.

According to the recent statistical results of the association, 105 key enterprises in December were inventories of 750 thousand units, an increase of 4.78% over the same period last year.

Most of the backbone enterprises maintain their inventory level in the 1-2 months' production level, and the inventory of individual enterprises is even as high as half of the annual output of the enterprises. The huge inventory has brought enormous pressure to the development of enterprises.

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< p > < strong > profit margin declined, deficit enlarged, < /strong > /p >

< p > according to the statistics of National Bureau of statistics, in 2012, the total sales revenue of 280 Enterprises above Designated Size in the sewing machinery industry reached 33 billion 400 million yuan, down 7.03% from the same period last year, and the total profit amounted to 1 billion 340 million yuan, down 12.60% from the same period last year.

In December, there were 64 loss making enterprises in the above scale production enterprises, an increase of 137.04% over the previous year, with a total loss of 310 million yuan, an increase of 76.25% over the same period last year, and a loss of more than 1/5 of the industry's scale enterprises. The depth of the industry's losses was as high as 22.8%.

According to the association's statistics on the backbone of the industry, the situation is more severe, and the total profits of the 105 enterprises in the industry fell by 41.83% over the same period.

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< p > from the perspective of the profitability of the industry, the efficiency of enterprises has declined significantly.

According to the statistics of National Bureau of statistics, in 2012, the average gross profit margin of 280 Enterprises above Designated Size in the sewing machinery industry was only 14.19%, down 2.41% from the same period last year, and the per capita profit was about 21 thousand, down 3.54% from the same period last year. The average sales profit rate was 4.01%, down 5.99% compared to the same period last year, and the cost and profit rate 4.18%, decreased by 6.91% compared with the same period last year.

Industry profitability indicators showed a year-on-year decline, the overall profitability significantly decreased.

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< p > < strong > enterprise operation performance has declined, < /strong > < /p >

< p > operational capacity, according to the National Bureau of statistics data: in December, the total assets turnover rate of Enterprises above Designated Size in the sewing machinery industry in China was 1.01, down 7.72% compared to the same period last year; the turnover rate of current assets was 1.58, down 7.34% compared with the same period last year; the turnover rate of finished products was 8.87, down 0.37% compared with the same period last year, and the operating indexes remained reasonable, but all of them decreased compared with the same period last year.

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< p > debt paying ability, according to the National Bureau of statistics data: in December, the assets and liabilities ratio of Enterprises above Designated Size in the sewing machinery industry in China was 52.74%, and the asset liability ratio below 60% was "red line", which improved compared with the three quarter. However, compared with the same period last year, the interest protection ratio decreased by 17.41% compared with the same period last year. There is still a sharp downward trend; the property ratio is 1.12, close to 1.2 of the standard value, and the capital structure of enterprises is more reasonable and stable.

Solvency is generally reasonable, but there is still room for improvement.

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< p > growth capacity, the industry growth capacity continued to decline in 2012, considering the domestic economic environment and the development of various industries, the sewing machinery industry's growth ability is low.

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To sum up, the development of sewing machinery industry in China is not optimistic at the moment, but compared to the lowest level in early 2009 at the end of 2008, the recovery of China's sewing machinery industry's sales volume and prosperity index in the fourth quarter of 2012 indicates that the industry's bottom building trend is stabilizing.

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