China Textile Alliance: Last Year, Textile Enterprises Above Designated Size Realized A Total Profit Of 225 Billion 100 Million Yuan.

In February 18th, the China Textile Federation Industrial Economics Research Institute released the report on the economic performance of China's textile industry in 2019. The report pointed out that in 2019, China's textile industry continued to accelerate the transformation and upgrading, and the overall prosperity and production conditions were generally stable. However, under the multiple pressures of internal and external market demand slowing down, the trade environment becoming more complex, and the continuous increase of comprehensive costs, the growth momentum of enterprise investment is weak and the level of efficiency is declining. The main economic operation indicators are slowing down.

The report shows that China's textile industry boom in 2019 is generally in the expansion section, and the start and production of all links in the textile industry chain is generally normal. The industrial added value of the textile industry above the scale of the whole year (the main business revenue is above 20 million yuan) increased year after year. 2.4% The growth rate is lower than that of 2018. Zero point five A percentage point. Industrial chain links, chemical fiber, filament and industrial textiles industry growth is stable, the annual industrial added value growth rate is respectively 11.9% , 15.6% and 6.9% 。

In 2019, the profit pressure of textile industry increased significantly, and most of the links in the industrial chain continued to bear pressure. Last year, Three point five Million households above scale textile enterprises to achieve operating income Forty-nine thousand four hundred and thirty-six point four Billion yuan, year-on-year reduction 1.5% Total profits realized. Two thousand two hundred and fifty-one point four Billion yuan, year-on-year reduction 11.6% The growth rate is lower than that of last year. Nineteen point six A percentage point. The profit margin level of the terminal industry is relatively stable, and the operating profit margins of garments, home textiles and industrial textiles are respectively 5.5% , 5.1% And 5%.

The scale of investment in the textile industry has been reduced, and the completion of fixed assets investment in 2019 decreased year by year. 5.8% The growth rate slowed down compared with the previous year. Ten point eight A percentage point. In terms of industry, investment in textile and chemical fiber industries decreased year by year. 8.9% and 14.1% The annual investment of garment industry is realized. 1.8% The growth rate was higher than that of last year. Three point three A percentage point.