The State-Owned Textile Enterprises Will Welcome Favorable Policies.

The general office of the State Council recently issued the "guiding opinions on promoting structural adjustment and reorganization of central enterprises" (hereinafter referred to as "guiding opinions"), and clarified the key work of restructuring the central enterprises at the next stage.

Opinions have formulated different policies for the central enterprises in different fields. Generally speaking, there are guarantees, gains, returns and combinations.

We must maintain control in important industries and key areas, actively enter competitive fields with competitive potential, gradually withdraw from non dominant fields and specializes in some areas.

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According to the situation of different sub sectors in the whole industry, the gross profit margin of clothing and textile machinery industry is relatively high, and the profit margin is also slightly higher, which shows that its profitability is relatively good.

In the field of maintaining control, we must consolidate and strengthen a number of them.

It is clear that the central enterprises whose main business is in important industries and key areas that are related to national security and national economic lifeline and undertake major national special tasks should ensure the input of state-owned capital, maintain the status of holding state capital and support the participation of non-state-owned capital.

In areas with competitive potential, we should innovate and develop a number of them.

Opinions pointed out that the establishment of an adjustment and reorganization platform, technological innovation platform, international business platform, promote industrial agglomeration and pformation and upgrading, and promote strategic

To develop and enhance the ability of central enterprises to participate in international market competition.

Li Jie, a researcher at Everbright Securities, said that, on the whole,

The industry has the characteristics of low threshold, low concentration, and large number of private enterprises. However, due to historical reasons, there are still some textile enterprises with state-owned assets background, mainly distributed in Shanghai, Shandong and other regions.

In the context of the large and weak central enterprises and frequent reforms, the concept of SOE reform is expected to further increase, and the textile and garment enterprises with state-owned assets are expected to benefit.

According to the statistics of the first textile network, the gross profit margin of textile industry is 1-4 in 2016, 11.06% in the month, and 6.30% in the month of three, the profit margin is 4.99%. If the effect of non recurring loss is eliminated, the nominal pre tax profit rate is 4.76%; the inventory ratio of the industry is 12.83%, indicating that the products are sold normally; the export proportion is 12.61%, indicating that the export situation is better; the industry's loss is 16.69%.

It can be seen that in the whole textile industry, the production and operation status is better.