News

Economic operation of printing and dyeing industry from January to April 2020

01

Output of printed and dyed fabrics

From January to April in 2020, the output of printing and dyeing enterprises above designated scale will reach 13.305 billion meters, with a year-on-year decrease of 15.86%. Since April, although China's epidemic prevention and control has achieved phased results, and the resumption of production has been steadily promoted, with the rapid spread of foreign epidemic situation, domestic printing and dyeing enterprises are generally faced with the dilemma of cancellation of orders or request for delay in delivery, and the output of printing and dyeing industry has further declined, with a decline rate of 0.71 percentage points compared with the first quarter.

02

Main quality and efficiency indicators

Since the novel coronavirus pneumonia outbreak, printing and dyeing industry is facing enormous environmental and systemic risks. Both ends of supply and demand have been subjected to hitherto unknown impact, and the quality of operation has declined significantly, and economic benefits have deteriorated significantly.

From January to April 2020, the proportion of three fees for printing and dyeing enterprises above designated scale is 7.57%, which is 0.46% higher than that in the same period in 2019. Among them, cotton printing and dyeing enterprises are 7.23% and chemical fiber printing and dyeing enterprises are 10.37%. The turnover rate of finished products was 4.92 times / year, with a year-on-year decrease of 31.66%; the turnover rate of accounts receivable was 2.50 times / year, with a year-on-year decrease of 23.63%; the turnover rate of total assets was 0.27 times / year, with a year-on-year decrease of 22.49%. Under the epidemic situation, international transportation and logistics are hindered, and domestic and foreign demand is further weakened, the utilization rate of enterprise capacity is far below the normal level, capital turnover is difficult, cash flow is tight, and production and operation are facing greater pressure.

Since April 2020, although the rate of return to work remains high, due to the shortage of production orders, the capacity utilization rate of enterprises is still at a low level, and the profits of enterprises have been greatly reduced. From January to April, the main business income of printing and dyeing enterprises above designated size was 69.154 billion yuan, with a year-on-year decrease of 20.17%; the main business cost was 60.949 billion yuan, with a year-on-year decrease of 19.89%, accounting for 88.14% of the main business income; the profit margin of cost and expense was 3.24%, 0.68% lower than that of the same period in 2019; the profit margin of sales was 3.10%, 0.62% lower than that of the same period in 2019; the total profit was 2.144 billion yuan, year-on-year The export delivery value was 10.443 billion yuan, a year-on-year decrease of 23.05%.

From January to April, 676 of the 1558 printing and dyeing enterprises above the designated size suffered losses, accounting for 43.39%, an increase of 17.52 percentage points compared with the same period in 2019; the total loss of loss making enterprises was 1.289 billion yuan, a significant increase of 62.12% compared with the same period last year. Compared with the first quarter, the losses of enterprises from January to April were better than those in the first quarter, with the loss area narrowed by 4.34 percentage points compared with that in March, and the growth rate of total losses was 10.44 percentage points lower than that in March. However, compared with the same period last year, the enterprise's loss surface and total loss still increased significantly.

03

Import and export of eight categories of printing and dyeing

According to the national customs statistics, from January to April 2020, the total import and export volume of eight categories of printing and dyeing products was 6.822 billion US dollars, a year-on-year decrease of 23.94%; and the trade surplus was 6.028 billion US dollars, a year-on-year decrease of 23.38%. The import volume of eight categories of printing and dyeing products was 183 million meters, a year-on-year decrease of 39.25%; the import amount was 397 million US dollars, a year-on-year decrease of 27.94%; the average import unit price was 2.17 US dollars / meter, an increase of 18.62% year-on-year. The export volume of eight categories of printing and dyeing products was 6.473 billion meters, with a year-on-year decrease of 20.52%; the export value was US $6.425 billion, a year-on-year decrease of 23.68%; the average export unit price was 0.99 US dollars / meter, a year-on-year decrease of 3.98%.

One belt, one road, was 18.39%. The export volume of eight major products of printing and dyeing to ASEAN decreased by 18.39% compared with the same period last month. The export volume of the "one belt" along the same route decreased by 20.12% compared with the same period last year, and the decline was narrowed by 5.29 and 3.56 percentage points respectively. Exports to the United States, the European Union and other countries and regions with serious epidemic situation further decreased, with the export value falling by 31.42% and 33.22% respectively year-on-year, with the decline rate of 1.70% and 7.83% respectively. Compared with the first quarter, the export volume of eight categories of printing and dyeing products to Japan decreased by 1.2% from January to April, which was close to the same period last year. Although there was still a big gap in the amount of export compared with the same period of last year (down 11.76%), the decline rate was narrowed by 8.52 percentage points compared with the first quarter, indicating that Japan's export market is accelerating its recovery.

With the normalization of global epidemic prevention and control, economic restart is becoming the focus and important option of all countries in the world. Domestic economic and social order is speeding up the recovery. Several European countries have gradually relaxed restrictions in April, and the United States has gradually started to lift the ban from May. Although there are many positive signals, the global situation of epidemic prevention and control is still grim, and the comprehensive economic restart is facing challenges. Comprehensive analysis, it is expected that the operation pressure of printing and dyeing industry in the second quarter is still heavy.