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    In The First Quarter, The Recovery Rate Of Printing And Dyeing Industry Increased, But The Overall Utilization Level Of The Printing And Dyeing Industry Was Low.

    2020/5/12 10:49:00 2

    The First QuarterPrinting And Dyeing IndustryThe Rate Of Recovery.

    In the first quarter of 2020, the main economic indicators of the printing and dyeing industry showed a sharp drop in the first quarter, which was affected by many factors, such as the outbreak of new crown pneumonia in China, the extension of the Spring Festival holiday and the spread of epidemics abroad.

    01

    Output of printing and dyeing cloth

    In the first quarter, the printing and dyeing production of printing and dyeing enterprises above Designated Size reached 9 billion 401 million meters, representing a decrease of 15.15% over the same period. In February, the situation of domestic epidemic prevention and control was grim, transportation and logistics were blocked, and industry resumed and resumed production difficulties. Since March, with the improvement of domestic epidemic prevention and control situation, the resumption of work and resumption of production has been continuously pushed forward, and the production decline has narrowed by 7.27 percentage points compared with 1-2 months. By the end of the first quarter, although the printing and dyeing industry had achieved a high rate of production, the overall utilization level of the printing and dyeing industry was relatively low.

    02

    Main quality and efficiency indicators

    In the first quarter, the overall operation of the industry was in a difficult state, and the main quality and efficiency indicators showed a downward trend. The proportion of printing and dyeing enterprises above three scale is 7.95%, representing an increase of 0.65 percentage points over the same period in 2019, of which cotton printing and dyeing enterprises are 7.56% and chemical fiber dyeing and printing enterprises are 11.41%. The cost and profit rate was 2.60%, 0.92 percentage points lower than that in the same period in 2019, and the profit margin of sales was 2.50%, which was 0.85 percentage points lower than that in the same period in 2019. The turnover rate of finished products was 3.58 times a year, 38.13% lower than that of the same period last year; the turnover rate of accounts receivable was 1.81 times / year, a 25.25% decrease compared with the same period last year; the weekly turnover rate of total assets was 0.19 times / year, decreasing by 25.25% compared with the same period last year.

    In the first quarter, affected by the epidemic, domestic and international demand weakened, most enterprises started to run short, some enterprises' product prices or processing fees declined, and wages, rent and other expenses were not flexible, as well as epidemic prevention and control, and logistics and transportation costs increased. Above scale printing and dyeing enterprises realized main business revenue of 48 billion 535 million yuan, a decrease of 23.64% compared to the same period last year. The main business cost was 42 billion 888 million yuan, a decrease of 23.35% over the same period last year, accounting for 88.37% of the main business income; the total profit was 1 billion 213 million yuan, a significant decrease of 43.08% compared to the same period last year, and the delivery value of export was 7 billion 999 million yuan, a decrease of 18.80% over the same period. At the same time, the total deficit and total losses of the industry increased significantly, and 1561 large scale printing and dyeing enterprises lost 745 enterprises, with a loss of 47.73%, an increase of 19.38 percentage points over the same period in 2019, and a total loss of 1 billion 149 million yuan for the loss making enterprises, an increase of 72.56% over the same period in 2019.

    However, compared with the 1-2 month data, since March, with the continuous improvement of domestic epidemic prevention and control situation, the resumption rate of enterprises resumed continuously, especially the government's support policies for the industry have achieved substantial results. The printing and dyeing industry has rebounded, and the total revenue and total profit of enterprises' main businesses decreased by 6.24 and 58.72 percentage points respectively compared with that in 1-2 months.

    03

    Eight categories of import and export of printing and dyeing

    After the Spring Festival, affected by the domestic epidemic, enterprises resumed production and difficulties in production, which had a certain impact on foreign trade orders. 3 in mid and late June, the global epidemic spread rapidly, and the epidemic situation in the United States and Europe continued to escalate. The situation of overseas prevention and control became increasingly severe, which caused a huge impact on China's textile and clothing trade demand. Printing and dyeing foreign trade enterprises are facing new difficulties and difficulties such as difficult performance, poor international logistics and no new orders, and the foreign trade situation is more severe.

    According to customs statistics, the import and export volume of eight major categories of printing and dyeing in the first quarter of 2020 was 5 billion 392 million US dollars, down 17.79% from the same period last year, and the trade surplus was 4 billion 811 million US dollars, down 17.08% from the same period last year. The import volume of eight major products of printing and dyeing was 138 million meters, a decrease of 33.97% compared with the same period last year. The import amount was 290 million US dollars, a decrease of 23.24% compared to the same period last year, and the import unit price was 2.11 US dollars / m, up 16.25% over the same period last year. The export volume of eight major products of printing and dyeing was 5 billion 83 million meters, a year-on-year decrease of 14.76%; the export amount was 5 billion 102 million US dollars, a decrease of 17.46% compared with the same period last year; the average export price was 1 US dollars / meter, down 3.17% from the same period last year.

    According to the market, in the first quarter, the export volume of eight major products of printing and dyeing to ASEAN decreased by 13.19%, and the export volume of the countries along the "belt and road" decreased by 12.88%, which is better than the overall export growth rate of 4.27 and 4.58 percentage points respectively. Exports to the US, EU, Japan and other traditional markets decreased by 29.72%, 25.39% and 20.28% respectively.

    In contrast, with the gradual resumption of domestic resumption and production, foreign trade enterprises have accelerated the production of pre contract orders and seized time to rush to perform their contracts. Meanwhile, the impact of overseas epidemic has lagged effect. In March, the export volume decreased by 0.62 percentage points narrower than that in February.

    In the next 2 months, with the spread and escalation of the global epidemic, the cancellation or delay in delivery of international orders and the substantial increase in the cost of international logistics, the trend of gradual improvement of the industry is difficult to maintain at the end of the first quarter. The operation of the industry in 4 and May will be impacted by the lack of global demand and the sluggish economic cycle. The operation is not optimistic.


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