Jilin Chemical Fiber Last Year'S Huge Losses Nearly 400 Million Of Textile Enterprises Need Pformation And Upgrading

< p > for the large a target= "_blank" href= "http://www.91se91.com/" and "textile /a" enterprises, 2013 seems to be a "difficulty" in the development process.

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< p > after the announcement of 2013's net profit of 312%, 600273.SH, Jilin chemical fiber (000420.SZ) and 002072.SZ (002072.SZ) also issued the financial report in 2013.

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< p > announcement shows that the net loss of Jilin chemical fiber has reached an astonishing 394 million yuan in the past 13 years, a drop of 4066.04% compared with the same period last year, and the loss amount of Shandong de cotton shares reached 60 million 427 thousand yuan. Compared with the same period in 2012, the loss of 1289.22%. was reduced by 1289.22%.. Just a few days ago, 002015.SZ, the main fiber maker, also announced that its net profit dropped by 3000.53% compared with the same period in 2013, and the current loss amounted to 200 million yuan.

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< p > "2013 should be the most difficult year for domestic textile enterprises."

First textile network editor in chief, Wang Jin sighed.

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< p > but on the other hand, the textile enterprises which also announced their achievements in 2013, such as 002394.SZ, 002486.SZ, 002516.SZ and so on, are showing a trend of "a href=" http://www.91se91.com/news/index_cj.asp "> Jiangsu > /a".

The main reason for the growth of the textile industry is the mastery of the higher threshold professional technology, the development of the entry segments and the enhancement of enterprise management capability.

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< p > "textile enterprises are entering more and more obvious polarization. Whether it is active adaptation or forced development, the upgrading of technology will become the key to the survival of enterprises."

Wang Qianjin said.

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< p > Jilin chemical fiber shows that there are two main reasons for the loss. First, the domestic textile industry has been in a historical downturn. Viscose fiber as an important raw material of the textile industry has not yet come out of an unfavorable business environment. On the other hand, "no long-term equity financing has made the company's financial expenses high, and has slowed down the pace of pformation and upgrading of the company".

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< p > Wang Cheng analysis, 2001~2008 is the golden year for the development of textile industry. "All enterprises in the industry, no matter big or small, are almost making money, but the difference between earning more and earning less, and the speed of capacity expansion is also very fast".

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< p > but in 2008, the textile industry began to turn inflexion due to the impact of the international financial crisis.

Almost from the beginning of this year, the main business of Jilin chemical fiber has been rather "depressed".

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< p > 2007, the operating income and net profit of Jilin chemical fiber increased by 30.90% and 259.62% respectively, with net profit of 79 million 676 thousand yuan in the current period.

But in 2008, the two data decreased by 19.20%, 555.29%. < /p respectively.

< p > in the next few years, Jilin chemical fiber intends to adjust the ratio of domestic and foreign demand and increase the proportion of domestic sales.

But the growth of the domestic market can not fully digest the expansion of the previous capacity, the main business viscose fiber market continues to slump, the market price of conventional viscose staple fiber and regular pulp is always at a low price, and the gross profit of unit products is also unable to improve. For several years, the performance has been declining. In 2012, it even wore "ST" < a target= "_blank" href= "http://www.91se91.com/" > hat < /a >.

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< p > on the other hand, the financial cost of Jilin chemical fiber in 2013 reached 14 thousand and 300 yuan, up 13.96% compared to the same period last year, to a certain extent, directly dragged down the company's performance.

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< p > in order to solve this problem, Jilin chemical fiber is currently being targeted for additional issuance. On the evening of the 18 th of this month, the revised plan has been announced. It is planned to increase no more than 338 million shares to a specific target with a price of 2.66 yuan / share, and raise funds of not more than 900 million yuan, all of which are used to repay bank loans and replenish liquidity.

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< p > but Wang Qian said frankly that the pformation and upgrading of enterprises in management and technology is the key for textile enterprises to get out of the "mire".

"Taking a look at the current achievements of textile enterprises, the enterprises that actively adjust to the problems of export and domestic demand are all showing good results, especially in the sub competitive industries such as Jia Linjie's outdoor textile products and Jiangsu's broad-minded automobile fabrics.

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< p > "under bad external environment, enterprises still need to work hard to solve problems."

Wang Qianjin said.

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