Cotton Spinning Industry, Large Textile Enterprises Revenue Growth, Small And Medium Enterprises Gradually Improved

Data show that 1-6 months, above scale

Industrial added value increased by 6.8% over the same period last year, down 0.7 percentage points from the same period last year.

According to the China Cotton Textile Industry Association tracking enterprise survey data, the first half of this year, China's yarn production grew at a low speed, the growth rate slowed down year by year, and cloth production continued negative growth in the first half year.

In the first half of the year, the main business income of cotton textile enterprises increased by 1.98% over the same period last year.

From a deficit perspective, 5 and June cotton textile enterprises narrowed significantly, and the profitability of enterprises increased.

Data can directly reflect the development of the industry.

In the first half of the year, the cotton price in the cotton textile industry was narrowed, the production was stable, the gauze Market production and sales were smooth, the trade environment gradually improved, and the investment increased significantly.

So what is the real feeling of many cotton textile enterprises? Is the profit margin between large cotton textile enterprises and small and medium-sized cotton textile enterprises increasing?

Large textile enterprises have better revenue.

To some extent, the revenue status of listed companies can be called the weathervane of the industry.

And cotton textile industry

The company's situation can also reflect the development trend of the whole industry.

A few days ago, China's cotton textile listed companies began to publish semi annual reports on a continuous basis, and to understand their semi annual reports, it might be easier to sort out the development context of the industry.

In the first half of this year, corporate profits in the first half of this year have finally improved with the "double slide" of 1.72% of 2014 and 15.87% of net profit.

In August 1st, Huafu color spinning issued semi annual report, announcing that the company achieved 3 billion 830 million yuan in the first half of the year, an increase of 5.01% compared to the same period last year, and realized a total profit of 250 million yuan, a sharp increase of 59.12% compared to the same period last year. In particular, the increase in net profit was even more gratifying, an increase of 61.14% over the same period, and the net profit increased to 225 million 700 thousand yuan.

Tianhong textile announced the company's profit forecast in the first half of the year. It said that in the first half of the year, because of the drop in the cost of cotton more than the decline in yarn sales prices, the sales of the products were strong, and the company's revenue was expected to be good in the first half of the year.

Tianhong textile responsible person said, at present, the world

The supply of resources is decreasing, such as

The cotton planting area continues to decline, and China's cotton planting area and output will also decline.

Therefore, the profitability of cotton products is expected to improve and will drive up the overall profit margin.

But whether a cotton textile enterprise is profitable depends not only on the elements of cotton production costs, but also on the products of the enterprises.

From the perspective of Huafu color spinning, which has a larger profit margin, the first half of the year is a new revenue growth point for the textile and textile products, achieving a profit of 641 million yuan, an increase of 45.43% compared to the same period last year, and the gross profit margin also increased by 2.04%-9.49% compared with the same period last year.

Yarn products revenue is relatively stable, a slight increase of 0.04%-31.24 billion over the same period, gross profit margin increased by 0.1%-12.33% compared to the same period last year.

Analysis of Huafu color spinning semi annual report shows that the new product of enterprise color is the highlight of operation and is the key product of the company.

In the first half of the year, its sales of new color products increased by 18.4% compared to the same period last year, and its export revenue increased by 39% over the same period last year.

Huafu color spinning official said, the company complies with

Personalized, diversified, order fragmentation trend, seize the US market recovery and other market demand for innovation and innovation, focus on color new product R & D design and capacity improvement.

Huafu color spinning and Tianhong textile have their own specialty products, and export market is excellent, but not all large cotton textile enterprises did so in the first half of the year.

Shijiazhuang Changshan textile Limited by Share Ltd released the first quarter results announcement 2015, the expected performance will decline.

Changshan textile company's strategy is to diversify and invest in software companies.

However, due to the fact that the company did not receive government subsidy in the first half of the year, even though the overall performance of diversified investment driven companies was still in the same period, losses were expected to occur during the same period.

The situation of SMEs has gradually improved.

In the first half of the year, the large enterprises in the cotton textile industry performed relatively well. With the improvement of the operation environment of the cotton textile industry in China and the continuous improvement of the technological upgrading of enterprises, the development of small and medium-sized cotton textile enterprises in most parts of China showed a marked improvement compared with the same period last year.

In Henan cotton textile enterprises, which mainly produce pure cotton yarn products, most cotton textile enterprises in China are gradually adjusting to blending and chemical fiber products, while Henan's cotton textile enterprises are still important domestic cotton yarn supply bases.

According to national statistical data, cotton yarn output ranks second in Henan in 2014, second only to Shandong province.

In 2015, the domestic textile industry has gradually entered the new normal development stage. The market competition is becoming more and more fierce. Facing the situation of internal and external difficulties, Henan textile industry is actively upgrading and reforming the textile industry from the aspects of product, management and configuration.

At present, Henan combed yarn products account for more than 30% of the cotton spinning industry.

As the main supply base of cotton yarn in Guangdong and Fujian, its supply products have been pformed from 32 branches and 40 branches to high-end products.

At present, the start-up rate of Henan cotton textile enterprises is significantly higher than that of the same period last year. Large enterprises maintain a 100% boot rate, and small and medium-sized enterprises are basically maintained at 70%-80%.

According to a person in charge of an enterprise in Henan, there is a shortage of orders for enterprises. Large enterprises have enough stock of lint, which basically stays in one and a half months, and the stock of small businesses is about a week, but enterprise orders can always guarantee production.

Chemistry

After improved performance, and the products are comfortable and fashionable, the enterprises with chemical fiber blended products are more profitable than pure cotton products enterprises.

The head of a medium-sized textile enterprise in Jiangxi said that enterprises mainly produce blended yarn, and the proportion of pure cotton and chemical fiber is evenly distributed. At present, the demand for blended products is large, and the demand is increasing.

With the improvement of chemical fiber production technology and technology, the wearability of chemical fiber products has been significantly improved, and the cost of household chemical fiber products at the same price can be lower.

If functional chemical fibers are added to the fabric, a higher price and profit can be obtained.

Driven by profit, downstream textile and garment enterprises are more willing to choose chemical fiber as raw material.

According to the China cotton textile industry association data, in 2015, small and medium-sized enterprises had relatively few cotton stocks due to orders, funds and demand. Compared with that, the consumption of non cotton fibers increased by 3.43% over the same period last year.

In terms of consumption, the annual use of non cotton staple fiber has exceeded 12 million tons.

There is no doubt that non cotton fibers have taken the initiative in this round of seesaw warfare.

If we choose to use chemical fibers in the cotton textile industry, the chemical fiber has become the characteristic development needs of cotton textile enterprises.

Although clustered data from China Cotton Association tracking group show that the cluster enterprises that produce non cotton fibers and specialty products have higher profitability and balanced enterprise benefits. The cluster with more complete industrial chain has stronger risk resisting ability and better profits, and the cluster dominated by pure cotton products is underdeveloped, reduced in production capacity and decreased in efficiency.

But the business climate index of the association's follow-up survey showed that in the first half of the year, the cotton textile industry's prosperity index was between 45-50 and slightly increased, and the operation of the cotton textile industry in China has gradually started to improve.

More confidence in development in the second half of the year

Over the past two years, although China's cotton textile industry has gone through a period of pain, high and low cotton prices, rising labor costs and lower downstream demand, cotton textile enterprises have never ceased to improve their own equipment technology, whether large or medium sized cotton textile enterprises, have constantly increased the intensity of product mix adjustment, adapted to market changes, and experienced the difficult period of cotton textile industry.

With the introduction of China's cotton direct subsidy policy, China's cotton price has been gradually integrated with domestic cotton prices, the cotton market has returned to market operation, the price of electricity has been reduced, and the trade environment has improved. The market confidence of China's box industry has gradually resumed, and cotton textile enterprises are optimistic about the prospects for development.

Investment in many cotton textile industries

That is the best proof of confidence in the industry.

In the first half of the year, Huafu color spinning continued to carry out efficient color spinning technology in Xinjiang. The ten preferential policies of Xinjiang high quality cotton resources and Xinjiang textile industry further improved the product quality, reduced the cost and enhanced the brand competitiveness of Xinjiang grey.

Each subsidiary in Xinjiang receives a considerable amount of subsidies every year, and has also become a support force to improve performance.

Half year report shows that the government subsidy in the first half of the year is 141 million 600 thousand yuan, including 27 million 74 thousand yuan in tax rebate, 27 million 644 thousand and 800 yuan in pportation subsidy to the cotton and 24 million 579 thousand and 800 yuan in Xinjiang real estate cotton.

Perhaps due to the gradual taste of the sweetness of investing in Xinjiang, Huafu color spinning this year has been a huge investment in Xinjiang.

In July 14th, Huafu color spinning announced the signing of the agreement on investment in Akesu Huafu sky Textile Industrial Park with China Heng Tian Group and Akesu administrative office of Xinjiang, with a total investment of about 5 billion yuan, with a scale of 1 million spindles colored yarn and 60 thousand tons of cotton dyed. The production capacity of 200 thousand tons of colored spun yarn can be realized after delivery.

In addition, Tianhong Group, Ruyi group, Xinjiang Yida, Huamao Group and so on also actively layout Xinjiang, in order to look forward to a better development trend of the cotton textile industry.

China Cotton Association said that in 2015, with the adjustment of national policies and the accelerating process of market reform, the cotton textile industry will face a more favorable development environment.