Analysis Of Garment Industry In The Two Quarter: Steady Decline

< p > > a href= "http://news.sjfzxm.com/news/list.aspx? Classid=101112107105" > two quarter < /a >, the clothing industry's prosperity index is 97.5 (the growth level of =100 in 2003), down 0.5 points from the previous quarter, stable and slightly lower. < /p >
< p > in the 6 indicators of clothing industry prosperity index (excluding seasonal factors and reservations of stochastic factors), the main business income, fixed assets investment, total tax volume, export volume and number of employees in the garment industry have slowed down compared with the previous quarter, and the total profit growth rate has accelerated over the same period. < /p >
< p > after further eliminating the random factors, the prosperity index of the apparel industry is 96.9 (see the blue curve in the business chart), which is lower than the 0.6 index of the business climate index (excluding the red curve), which has not been excluded from the random factors, and the difference between the two is narrower than that of the previous quarter. Overall, the apparel industry in the current quarter has slowed down after a marked improvement in the previous quarter, with a slight shortage of endogenous growth momentum, weakening demand and increasing cost of various elements. < /p >
< p > < strong > warning lights return to blue light area < /strong > /p >
In the two quarter of the year P, the warning index of the apparel industry was 73.3, a 23.4 drop from the previous quarter, and the warning light fell from the normal "green area" to the "blue light zone" which was too cold. < /p >
< p > < strong > production growth increased from /strong to < /p >
< p > after initial seasonal adjustment, the clothing output in the two quarter was 4 billion, down 24.3% from the same period last year, compared with an increase of 26.3% over the previous quarter. The sharp drop in garment production in the two quarter is also related to the higher base point in the two quarter of last year. < /p >
< p > < strong > sales growth slightly slowed down < /strong > < /p >
< p > after preliminary seasonal adjustment, the main business income of garment industry in the two quarter was 353 billion 900 million yuan, an increase of 12.7% over the same period last year. The growth rate slowed down 1.5 percentage points from the previous quarter, showing a steady slowdown. < /p >
< p > strong > export growth slowed down obviously < /strong > < /p >
< p > after initial seasonal adjustment, the export volume of clothing in the two quarter was US $35 billion 100 million, an increase of 5.4% over the same period last year, and the growth rate slowed down 29.9 percentage points compared with the previous quarter. Under the backdrop of global economic recovery, the external environment of garment industry has not improved significantly, external demand is weakened, RMB exchange rate adjustment and various costs increase, and many other problems and pressures have affected the garment export in the current quarter. These problems are still difficult to get rid of in the short term, and the export situation facing the garment industry in the future is still not optimistic. < /p >
< p > < strong > price basically stable < /strong > < /p >.
In the two quarter of P, the producer price of garment industry increased by 1.3% compared with the same period last year. Compared with the same period, the producer price level of all industrial producers dropped by 2.9% compared with the same period last year. The factory price level of garment industry has continued for 3 and a half years. The rise in clothing prices continued to slow down after the two quarter of 2011. Although factors such as labor costs and the rising prices of upstream raw materials have provided a driving force for the rise in clothing prices, clothing prices are expected to remain stable and difficult to rise again due to weaker demand and offset a certain upward trend. < /p >
< p > > a href= "http://news.sjfzxm.com/news/list.aspx? Classid=101112107107" > /a > strong > a href= "http://news.sjfzxm.com/news/list.aspx Classid=101112107107" > de stocking < < > the process is still continuing.
< p > after initial seasonal adjustment, the apparel industry finished product fund was 64 billion 200 million yuan at the end of the two quarter, up 8% from the same period last year, slowing down 2.7 percentage points from the previous quarter. The growth rate of clothing inventory basically continued for the 6 quarter of this quarter, indicating that the apparel industry is still going to be stocking. < /p >
< p > < strong > earnings basically stable < /strong > < /p >
< p > after initial seasonal adjustment, the total profit of garment industry in the two quarter was 18 billion 700 million yuan, up 17.7% from the same period last year, the growth rate increased by 6.5 percentage points from the previous quarter, and maintained a recovery trend for the 3 consecutive quarter. The profit margin of sales was 5.3%, which was basically the same as that of the previous quarter, slightly higher than 5.1% of the same period last year, which is close to the 5.5% profit margin of the industry in the current quarter. From the loss situation, the two quarter of the garment industry deficit was 19.2%, compared with the same period last year was basically flat < /p >
< p > < strong > accounts receivable growth continued to decline < /strong > < /p >
< p > at the end of the two quarter, the garment industry accounts receivable was 98 billion 200 million yuan, an increase of 11.5% over the same period last year. The growth rate slowed down 3.2 percentage points over the previous quarter, showing a continuous downward trend. From the point of view of the refund rate, the receivable turnover days in the two quarter of the 24.9 quarter were 24.9 days, which was 2.1 days lower than that in the previous quarter. This indicates that the efficiency of capital turnover in the garment industry has increased slightly, and compared with the total industrial accounts receivable turnover days, there is still a big advantage in the clothing industry capital turnover. < /p >
< p > < strong > investment growth rate continued to decline < /strong > < /p >
< p > after initial seasonal adjustment, the fixed assets investment in the two quarter was 87 billion yuan, an increase of 18% over the same period last year, and the growth rate slowed down 5.2 percentage points from the previous quarter. Because the clothing industry is facing many problems and pressures, and the competition in the clothing industry is becoming increasingly fierce, the enthusiasm of investment in enterprises has declined. < /p >
< p > < strong > < a > href= > http://news.sjfzxm.com/news/list.aspx > Classid=101112107108 > employment slightly reduced < /a > /strong > /p >
< p > after initial seasonal adjustment, the number of garment industry employees was 3 million 270 thousand at the end of the two quarter, down 0.5% from the same period last year, the decline narrowed by 0.3 percentage points from the previous quarter. < /p >
< p > promotion and stock reduction. According to the statistics of the China National Business Information Center, the retail sales of clothing commodities of hundreds of major retail enterprises in the first half of 2013 increased by 6.9% compared with the same period last year, while the growth rate dropped by 2.9 percentage points compared with the same period last year. The retail sales of all kinds of clothing and apparel increased by 4.3% over the same period last year, and the growth rate was 3.3 percentage points higher than that of the same period last year, indicating that the sales promotion increased. < /p >