[Textile machinery industry double-digit growth in revenue in the first quarter]
Release date:[2019/6/19] A total of reading[1082]time

In the first quarter of 2019, despite the impact of the complex situation of the international economy, in the overall stable environment of the national economy and the textile industry, the textile machinery industry started in line with expectations. In the first quarter, the operating income and profits of textile machinery enterprises above designated size reached two. With the increase in the number of digits, the export of textile machinery products remained stable, showing a slight increase.


In the first quarter, the above-scale enterprises in the textile machinery industry achieved operating income of 22.982 billion yuan, a year-on-year increase of 14.57%, a decrease of 2.27 percentage points over the same period of the previous year; total assets were 102.501 billion yuan, an increase of 8.56% compared with the same period of last year. It was down 1.10 percentage points from the same period last year.


The profitability of the industry continues to remain stable. From January to March, the total profit of enterprises above designated size in the textile machinery industry was 1.401 billion yuan, an increase of 13.01% compared with the same period of last year; the loss of loss-making enterprises was 145 million yuan, a decrease of 24.05% compared with the same period of last year; the loss side was 20.35. %. The operating profit margin of the textile machinery industry was 6.10%, a decrease of 0.10 percentage points over the same period of last year.


In the first quarter, the total cost of enterprises above designated size in the textile machinery industry was 21.248 billion yuan, an increase of 13.69% compared with the same period of last year. The growth rate decreased by 3.19 percentage points compared with the same period of 2018. The proportion of the three fees decreased slightly compared with the same period of last year.


In the first quarter, the Textile Machinery Association tracked key enterprise survey data, showing that the main business income was 10.31 billion yuan, an increase of 11.82% compared with the same period of last year, accounting for 44.95% of the textile machinery industry; the total profit was 1.087 billion yuan. Compared with the same period of last year, it increased by 15.18%. The loss of loss-making enterprises was 54.382 million yuan, an increase of 136.63% compared with the same period of last year; the loss was 27.27%, which was 5.53% lower than the same period last year. The total expenses during the period of key enterprises was 8.925 billion yuan, an increase of 4.82% compared with the same period of last year; among them, the operating expenses were 1.88 billion yuan, an increase of 5.53% compared with the same period of last year, accounting for 21.06% of the total period expenses; the administrative expenses was 5.843 billion yuan. Compared with the same period of last year, it increased by 6.26%, accounting for 65.47% of the total period expenses; the financial expenses was 1.202 billion yuan, a decrease of 2.60% compared with the same period of last year, accounting for 13.47% of the total period expenses.


According to customs statistics, from January to March of 2019, the total import and export volume of China's textile machinery was 1.721 billion US dollars, down 1.50% compared with the same period of last year. Among them: textile machinery imports 819 million US dollars, compared with the same period last year, a decrease of 4.69%; exports of 902 million US dollars, an increase of 1.58% compared with the same period last year.


In the first quarter, China imported textile machinery from 58 countries and regions, with a total import value of 819 million US dollars, a decrease of 4.69% compared with 2018. The main importing countries and regions are mainly Japan, Germany, Italy, Belgium and Taiwan. The top five import trade volume is US$698 million, an increase of 1.83% compared with the same period of last year and accounting for 85.25% of total imports.


From the perspective of imported product categories, chemical fiber machinery imports ranked first, with a total import value of US$215 million, an increase of 3.97% compared with the same period of last year, accounting for 26.25% of total imports; seven major categories of products except chemical fiber machinery/weaving machinery, There are different scale reductions. With the transfer and upgrading of industries and the growth of downstream demand, weaving machinery has maintained a high import growth rate.


In the first quarter, China exported a total of 902 million US dollars worth of textile machinery to 170 countries and regions, an increase of 1.58% compared with the same period last year. India, Vietnam, Bangladesh, Uzbekistan and Indonesia are the major countries and regions for the export of textile machinery in China. The total amount of textile machinery exported to these countries and regions accounts for 56.47% of the total export value. Affected by industrial transfer, the export value of Uzbekistan and Vietnam increased significantly. For the first time, Uzbekistan’s export value ranked the top five in textile machinery exports.


In terms of product categories, the export value of knitting machinery was 253 million US dollars, an increase of 4.98% compared with last year, accounting for 28.06%, ranking first, followed by printing and dyeing finishing machinery, auxiliary equipment and spare parts, spinning machinery , weaving machinery, chemical fiber machinery and non-woven fabric machinery, seven major categories of products three liters and four drops. Under the influence of textile companies' active overseas investment, the growth rate of spinning machinery exports in the first quarter continued the growth trend of last year, mainly exported to Uzbekistan, Vietnam and Bangladesh.


In the first quarter, the various segments of the textile machinery industry showed different operating conditions. The sales of most of the spinning machinery products showed different growth. The water jet loom in the weaving machinery maintained the high growth trend of last year, and the rapier weaving The sales of the machine continued to decline; the sales of circular weft knitting machines in knitting machinery increased steadily, the overall market situation of warp knitting machines declined; the printing and dyeing and finishing machinery maintained the development trend of last year; the sales of chemical fiber machinery declined slightly; the non-woven fabric machinery market did not Significantly warmer.


Looking forward to 2019, the international trade environment is complex and changeable, the domestic and international demand for textile market is facing challenges, and various uncertain and unstable factors still exist. However, the general trend of China's national economic development will not change, and the domestic policy environment will continue to be optimized. Conducive to stabilizing the domestic market environment and providing conditions for the stable development of the textile industry, the textile machinery industry will continue to focus on the new kinetic energy and product upgrades brought about by the transfer of the textile industry, actively adjust the industrial structure, respond to market demand, and respond to market fluctuations. Maintain stable development of the industry.


Jiangxi Donghua Machinery Co., Ltd. specializes in the production of polypropylene spinning machine, polypropylene strong spinning equipment, polypropylene high-strength spinning equipment, polypropylene spinning machine, polyester spinning machine, aramid 1414 fiber spinning equipment, DHP419 series high-strength polypropylene Spinning drafting machine, polypropylene spinning machine, DHP418 series polypropylene spinning drafting machine, DHkv1235-12 type polyester spinning machine, DHPE high-strength high-modulus polyethylene fiber spinning equipment, DHTA type aramid fiber 1414 fiber spinning equipment, HDZF3 High-vacuum dynamic drying-solid-phase viscosifying machine, polypropylene spinning machine.

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