Investigation And Analysis Of China'S Industrial Textiles Industry In The First Quarter

In this survey, 240 enterprises submitted questionnaires, of which 233 were valid questionnaires. The effective sample enterprises come from the fields of medical and health, safety protection, nonwoven fabric coil, filtration and separation, line belt, civil military integration, fiber raw materials, rope nets, equipment and accessories, and so on, involving the whole industrial chain of industrial textiles.

Fig. 1 domain distribution of sample enterprises

(enterprises have duplication of choice)

Source: China Industrial Textiles Association

The main business income (enterprise scale) of the sample enterprises in 2019 was mainly concentrated in 1~5 billion yuan, accounting for nearly 40% of the total, nearly 10% of enterprises exceeded 1 billion yuan, and 12.45% of enterprises were below scale enterprises.

Fig. 2 main business income of sample enterprises in 2019

　　 Source: China Industrial Textiles Association

　　 1. overall situation

For the first quarter of the operation of enterprises, 11.16% of the enterprises are very good, 30.47% of the enterprises are better, and 38.63% of the enterprises are generally speaking. Nearly 20% of the enterprises said that the operation was not good, of which nearly 4% of the enterprises were very poor. The index of operation was indexed. In the first quarter, the prosperity index of the industry was 63.7. The prosperity of medical and health, safety protection, filtration and separation, nonwoven coil, equipment and fittings was higher. The prosperity index of medical and health fields engaged in the production of anti epidemic materials reached 79.2, while the prosperity index of geotextiles, rope nets and interlining was below 50.

Fig. 3 prosperity index of sample enterprises in the first quarter

(fields less than 10 are not shown)

　　 Source: China Industrial Textiles Association

　　 2. resumption of work

Only one of the sample companies did not return to work. More than 94% of the employees return more than 75%, of which 77.68% of the employees have returned to posts. The industry's capacity recovery is ideal, 47.21% of the enterprises are full load production, 36.05% of the enterprises' capacity is restored to 80% (the above two part enterprises account for 83.26%), and 10.3% of the enterprises' capacity is restored to 60%.

Figure 4 enterprise capacity recovery in the first quarter

　　 Source: China Industrial Textiles Association

　　 3. specific operating conditions

Labor costs rose rapidly in the first quarter, and overseas demand and export fell sharply. The domestic market demand index of the industry in the first quarter was 51.1, still in a relatively weak expansion interval; foreign demand and export index were only 39.8, 35.1, and output index 41.6, all in the contraction interval; the finished product price index was 49.4, basically stable; the labor cost index 79.6 was in a sharp rise; the sales index and profit index were all 46.1, and were in the contraction area. But not much.

Figure 5 main business index of enterprises in the first quarter

　 Source: China Industrial Textiles Association

　　 1. demand

31.33% of the sample enterprises indicated that the new crown epidemic situation stimulated the demand growth, while 21.03% of the enterprises indicated that the epidemic reduced demand. 4.12% of the enterprises indicated that the epidemic delayed the company's demand and order, but it was expected to be restored within the year. 6.44% of the enterprises said the epidemic had no effect on the demand of the company.

　　 2. overseas orders

34.43% of the enterprises indicated that the overseas orders were stable, but 32.79% of the enterprises indicated partial cancellation of the orders, and 8.2% of the enterprises indicated that the order was cancelled in large numbers, but 9.84% of the enterprises also indicated that the order increased.

The questionnaire asked enterprises to score their own dependence on overseas markets (no export score of 0 points, 10 points for all exports), and final score of 4.3, indicating that the industry as a whole is not highly dependent on overseas markets.

　　 3. change production and fight against epidemic situation.

20.6% of the sample enterprises had been engaged in masks, protective clothing and their raw and auxiliary materials business before the epidemic. 31.76% of the enterprises said they began to switch to the above materials after the outbreak of the disease, and the other 47.64% said they had not produced the relevant materials to fight the epidemic.

　　 4. investment in fixed assets

66.09% of the sample companies indicated that there was a new investment plan in 2020. Affected by the epidemic, 67.53% of enterprises with investment plans will implement investment projects as planned. 29.87% of enterprises will postpone the implementation of the investment projects and decide on the impact of the epidemic. Only 1 enterprises have indicated that they have cancelled their investment plans. 　　

30% of enterprises indicated that domestic demand for the whole year will increase by more than 10%, 17.6% of enterprises think that it will grow by 3% to 10%, 22.32% of enterprises say that demand will be basically flat, but 31% of enterprises indicate that demand will drop to varying degrees. After indexing the domestic demand of enterprises, the annual domestic demand index of enterprises is 57.9, which is higher than the domestic demand index of the first quarter. The demand index of enterprises overseas market is 43.6, higher than that of the first quarter, but it is still in the contraction area, indicating that the epidemic is spreading all over the world. Enterprises are pessimistic about the global economic recovery.

For the main difficulties faced by enterprises, 52.36% of enterprises believe that overseas market expansion is difficult. 46.78% of enterprises believe that market demand has dropped. Nearly 30% of enterprises believe that cash flow is tight, and other difficulties they face include limited traffic and logistics, shortage of labor and procurement of raw materials, but market demand and capital are the biggest challenges facing enterprises. 　　

The impact of the epidemic on the industry's textile industry tends to be two poles. The production of enterprises that fight against epidemic materials is in good condition, the demand is increasing substantially, the orders are full, and the enterprises in other fields are negatively affected to varying degrees. Enterprises generally expect that after the two quarter, with the recovery of production and major projects started, and the state's policies and measures to support economic development, the industry's demand for infrastructure construction, environmental protection and safety protection will be restored. The demand for medical protective products will continue to grow worldwide, and enterprises will remain optimistic about the whole year's business.