A Quick Look At The Boom Index Of Professional Market Managers In August

The prosperity monitoring results of China Textile Federation Circulation Branch show that in August 2024, the prosperity index of managers of the national textile and clothing professional market will be 52.96, up 3.01 percentage points from the previous month; The business climate index of professional market was 50.07, up 0.34 percentage points from the previous month.

　　 1、 The prosperity of managers increased significantly, and that of merchants increased slightly

Data shows that in August, the prosperity index of managers of the national textile and clothing professional market increased significantly, and the prosperity index of merchants increased slightly, both of which were higher than 50.

　　 1. Managers' prosperity index rose by 3.01 percentage points

From the perspective of managers' prosperity index, in the total index, the managers' prosperity index in August was 52.96, up 3.01 percentage points from the previous month; The business environment index was 55.81, up 3.23 percentage points from the previous month.

Among the sub indexes, the total business volume index was 53.55, up 4.20 percentage points from the previous month; The logistics delivery index was 53.87, up 4.52 percentage points from the previous month; The passenger flow index was 53.87, up 4.52 percentage points from the previous month; The door opening rate index was 51.94, up 2.26 percentage points over the previous month; The rental index was 51.94, up 1.29 percentage points from the previous month; The e-commerce sales index was 52.58, up 1.29 percentage points from the previous month.

　　 2. Business climate index rose 0.34 percentage points

From the perspective of business climate index, the business climate index in August was 50.07, up 0.34 percentage points from the previous month; The business environment index was 50.63, down 3.77 percentage points from the previous month.

Among the sub indexes, the sales volume index was 50.14, up 0.34 percentage points from the previous month; The average price index was 49.30, down 0.03 percentage points from the previous month; The profitability index was 49.86, up 0.53 percentage points from the previous month; The comprehensive cost index was 50.63, up 1.30 percentage points from the previous month; The inventory index was 50.00, up 1.47 percentage points from the previous month; The e-commerce sales index was 50.49, down 1.58 percentage points from the previous month.

　　 2、 Data analysis

　　 1. Market operating performance rose significantly

In August, 41.94% of the total market operation and logistics shipments showed an increasing trend, up 25.81 percentage points compared with the previous month; After the market off-season in May, June and July, the professional market gradually recovered, and the market opening rate and passenger flow gradually showed a growth trend, directly driving the overall business performance to grow significantly.

Figure 1 Total business volume index

Figure 2 Logistics Delivery Index

　　 2. The market operation has improved

In August, the market gradually recovered, with 22.58% of the professional market opening rate rising, 12.90 percentage points higher than the previous month; The professional market rent increased by 25.81%, 19.36 percentage points higher than that of the previous month; 41.94% of professional market traffic increased, 25.81 percentage points higher than that of last month; In August, the market opening rate, rental level and passenger flow all achieved double-digit growth compared with the previous month, and the market operation has improved.

Figure 3 Door opening rate index

Figure 4 Passenger Flow Index

Figure 5 Rent Index

　　 3. Business performance of merchants is stable and improving

In August, 19.58% of the total sales of merchants in the market increased, 8.25 percentage points higher than that of the previous month; The profit of 18.18% of the market merchants increased, 7.51 percentage points higher than that of the previous month; 11.89% of the market merchants' sales prices increased, 2.56 percentage points higher than that of the previous month. The sales volume, profit and selling price of merchants increased slightly, and the overall business performance was stable and good.

Figure 6 Sales Index

Figure 7 Profitability Index

Figure 8 Average selling price index

　　 4. The cost and inventory pressure of merchants dropped significantly

In August, 13.29% of the market merchants' comprehensive costs decreased, 7.96 percentage points higher than that of the previous month; 10.49% of the market merchants' inventory increased, down 8.18 percentage points from the previous month. The comprehensive cost index and inventory index both increased significantly, indicating that the cost and inventory of merchants were significantly improved in August.

Figure 9 Comprehensive Cost Index

Figure 10 Inventory Index

　　 5. E-commerce sales fluctuated slightly

In August, 29.03% of professional market e-commerce sales increased, 9.68 percentage points higher than the previous month; 4.90% of merchants' e-commerce sales decreased, up 4.90 percentage points from the previous month; Compared with July, the overall e-commerce fluctuated slightly. The market e-commerce index increased by 1.29, and the merchant e-commerce index decreased by 1.58. Both indexes remained above 50.

Figure 11 Manager E-commerce Sales Index

Figure 12 E-commerce sales index of merchants

　　 3、 Prediction index

The data shows that, for managers, the next manager prosperity index is 56.13, up 3.87 percentage points from the previous month; The business environment index for the next period was 55.81, up 3.55 percentage points from the previous month. In terms of merchants, the business climate index of the next period is 50.84, down 2.89 percentage points from the previous month; The business environment index for the next period was 50.84, down 3.16 percentage points from the previous month. The four prediction indexes are all higher than 50. Since September, the industry standard peak season has entered, and professional market managers and merchants are more confident about the business situation in September.

enclosure:

1. Monitoring methods

"Prosperity index of textile and clothing professional market" consists of "manager index" and "merchant index". Using the sampling method, select markets and merchants of different business categories such as clothing, fabrics, home textiles and small commodities nationwide, and fill in the managers' prosperity index questionnaire and merchants' prosperity index questionnaire respectively.

　　 2. Monitoring samples

The managers' prosperity sample consists of 31 professional textile and clothing markets, including Guangzhou Baima Clothing Market, Shandong Jimo Clothing Market, Jiangsu Dieshiqiao Home Textile Market, Shanghai Xinqipu Clothing Market, and Liaoning Xiliu Clothing Market. The business prosperity sample consists of 147 businesses such as Taotao Clothing, Suntory Textile, Weibang Home Textile, and Vitoli Cashmere.

　　 3. Monitoring period

The boom monitoring cycle shall be monthly, submitted at the end of each month, and released at the beginning of the next month.

　　 4. Index composition

In the "Prosperity Index of Textile and Garment Professional Market", the "manager index" consists of four first level indexes, namely, the current manager prosperity index, the next manager prosperity index, the current business environment index, and the next business environment index; The "current manager prosperity index" consists of six secondary indexes, namely, total business volume index, logistics delivery volume index, passenger flow index, door opening rate index, rent index and e-commerce sales index.

The "merchant index" consists of four primary indexes, namely, the merchant prosperity index of the current period, the merchant prosperity index of the next period, the business environment index of the current period, and the business environment index of the next period; The "merchant boom index of the current period" consists of six secondary indexes, namely sales index, average selling price index, profitability index, comprehensive cost index, inventory index and e-commerce sales index.

　　 5. Exponential analysis

The positive index includes managers' total business volume index, logistics delivery volume index, passenger flow index, merchant opening rate index, rent index, e-commerce sales proportion index and merchant sales index, average selling price index, profitability index, e-commerce sales proportion index. If the positive index exceeds 50, it indicates that the business situation is optimistic, and the greater the value, the more optimistic it will be; The positive index is lower than 50, indicating that the business situation is not optimistic; The smaller the number, the more pessimistic.

The reverse index includes merchant cost index and inventory index. When the cost index exceeds 50, it indicates that the merchant's cost pressure decreases. The larger the value, the smaller the cost pressure; The cost index is lower than 50, indicating that the merchant's cost pressure increases. The smaller the value, the greater the cost pressure. When the inventory index exceeds 50, it indicates that the merchant's inventory pressure decreases. The larger the value, the smaller the inventory pressure; The inventory index is lower than 50, indicating that the merchant's inventory pressure increases. The smaller the value, the greater the inventory pressure.

(Source: China Textile Federation Circulation Branch)