With the effective prevention and control of the domestic epidemic and the restart of major foreign market economies, domestic and foreign market demand has gradually recovered. The main economic indicators of the printing and dyeing industry from January to July improved compared with the first half of the year. The foreign trade market showed signs of recovery. Compared with the same period, there is still a big gap, the overall operating pressure of enterprises is still large, and the positive factors that help the industry to accelerate the recovery of normalcy need to be further released.
1. The decline in the output of printed and dyed fabrics has narrowed and the trend has fluctuated
According to the National Bureau of Statistics, the output of printing and dyeing fabrics of printing and dyeing enterprises above designated size was 26.377 billion meters from January to July, a year-on-year decrease of 13.25%, and the rate of decline in output increased by 1.21 percentage points from the previous month. The decline in output has shown an expanding trend again after the continuous narrowing in the previous two months, indicating that my country's printing and dyeing industry has been deeply affected by the global epidemic and the recovery process is relatively slow, and the stabilization of enterprise production still needs further observation.
2. Corporate operating pressure has not been effectively alleviated
From January to July, the three-cost ratio of printing and dyeing enterprises above designated size was 7.38%, an increase of 0.68% year-on-year. Among them, cotton printing and dyeing enterprises accounted for 7.07%, and chemical fiber printing and dyeing enterprises were 9.64%. The finished product turnover rate was 8.73 times/year, a year-on-year decrease of 31.26%; the accounts receivable turnover rate was 4.21 times/year, a year-on-year decrease of 28.14%; the total asset turnover rate was 0.49 times/year, a year-on-year decrease of 23.51%. From a month-on-month perspective, from January to July, the three-cost ratio of enterprises decreased by 0.15 percentage points, the decline in the turnover rate of finished products expanded by 0.47 percentage points, the decline in the accounts receivable turnover rate increased by 1.47 percentage points, and the decline in the total asset turnover rate narrowed slightly by 0.70 percentage points. , Which shows that the current financial pressure faced by industry enterprises is still relatively large, and the operating pressure of enterprises has not been effectively alleviated.
3. The main economic indicators are improving month-on-month, but the gap is still significant compared to the same period
From January to July, the main business income of printing and dyeing enterprises above designated size was 125.091 billion yuan, a year-on-year decrease of 21.30%; the main business cost was 109.932 billion yuan, a year-on-year decrease of 21.19%, accounting for 87.88% of the main business income; the cost and expense profit ratio was 3.54%. A year-on-year decrease of 1.00 percentage point; a sales profit margin of 3.38%, a year-on-year decrease of 0.91 percentage points; a total profit of 4.223 billion yuan, a sharp decrease of 38.09% year-on-year; a completed export delivery value of 17.928 billion yuan, a year-on-year decrease of 23.53%. The number of 1568 printing and dyeing enterprises above designated size was 640, with a loss of 40.82%, an increase of 17.77 percentage points year-on-year; the total loss of loss-making enterprises was 2.039 billion yuan, a significant increase of 86.41% year-on-year.
On a month-on-month basis, the main economic indicators of my country's printing and dyeing industry have improved from January to July, but it must be noted that the current changes in economic operations are mainly a recovery growth. The main indicators are still significantly different from the same period last year. The economy has recovered. The pressure is still great.
4. Demand in the foreign trade market is gradually picking up
According to China Customs data, from January to July, the total import and export value of eight major categories of printing and dyeing products in my country was US$12.193 billion, a year-on-year decrease of 27.24%; the trade surplus was US$10.864 billion, a year-on-year decrease of 26.32%. The import volume of eight major categories of printing and dyeing products was 319 million meters, a year-on-year decrease of 39.86%; the import value was US$665 million, a year-on-year decrease of 33.98%; the average unit price of imports was US$2.09/meter, a year-on-year increase of 9.78%. The export volume of eight major categories of printing and dyeing products was 11.859 billion meters, a year-on-year decrease of 23.30%; the export value was US$11.529 billion, a year-on-year decrease of 26.81%; the average export unit price was US$0.97/meter, a year-on-year decrease of 4.58%. On a month-on-month basis, the decline in the export volume and export value of the eight major categories of printing and dyeing products from January to July narrowed by 2.15 and 2.10 percentage points respectively. This is the second consecutive month that the decline in exports has declined, indicating that my country's printing and dyeing fabric foreign trade market demand is gradually recovering.
From the perspective of major export markets, the eight major categories of printing and dyeing products from January to July showed a recovery trend in exports to countries along the “Belt and Road”, ASEAN, the EU and the United States, and the decline in export volume and export value both narrowed slightly from the previous month (see the table below) ). For exports to the Japanese market, since April, the decline in export volume and export value has been increasing month by month, which is mainly related to Japan's domestic epidemic prevention policy and the repeated occurrence of epidemics in recent months.
Analysis of the economic opera
