A Brief Analysis of the Economic Operation of Shanghai Textile and Garment Industry in the First Half of 2010

In the first half of 2010, Shanghai's textile and garment industry emerged with a renewed economic growth trend, which was mainly driven by a number of factors such as the well-rounded export market for regional textiles, improved demand in certain regions of the domestic market, and the restoration of the quality of Shanghai's textile industry. . As of the end of June 2010, there were more than 2,000 enterprises in the Shanghai textile industry that were normally consumed, an increase of 76 from the end of last year. At the end of June, the number of employees in the textile industry was 300,000, which fell by 5.1% year-on-year. Among them, 1,099 were in the textile and clothing production industry, 39 were added back to the consumer enterprises; at the end of June, the number of employees was 186,000, which fell 5.4% year-on-year.

Simultaneous increase in consumption and sales In the first half of 2010, the total consumption value of industrial enterprises in Shanghai textile industry reached 38.63 billion yuan, a year-on-year increase of 7.8%. Among them, the total value of industrial consumption realized by the textile and garment making industry was 20.86 billion yuan, an increase of 2.7% year-on-year, and the total value of Shanghai's garment industry accounted for 54.0% of the total value of Shanghai's textile industry. From the perspective of consumption, the indicators of consumption in the second quarter were better than those in the first quarter. The total value of industrial consumption in the textile industry in the second quarter was 20.59 billion yuan, an increase of 14.1% from the previous quarter and an increase of 11.0% year-on-year. Among them, the gross value of industrial consumption realized by the textile and garment making industry was 10.73 billion yuan, an increase of 5.8% from the previous period and an increase of 6.6% year-on-year.

Calculated at a comparable value, the total value of industrial consumption shows that in the first half of 2010, the Shanghai textile industry achieved 40.0 billion yuan, an increase of 6.6% year-on-year, of which textile and apparel production industry achieved 20.67 billion yuan, an increase of 1.7% year-on-year.

According to current sales total production value, in the first half of 2010, the Shanghai textile industry achieved 20.21 billion yuan, an increase of 10.6% compared with the previous period and an increase of 13.3% year-on-year. Among them, the total output value of textile and apparel manufacturing industry was 10.48 billion yuan, an increase of 1.0% from the previous quarter and an increase of 10.6% year-on-year. In the first half of the year, the production and sales ratio was 99.6%, an increase of 1.8% year-on-year, of which the textile and apparel production industry achieved a production and sales ratio of 99.9%, an increase of 3.4% year-on-year.

According to the materials, Shanghai's textile and garment making industry is still in the leading position in the textile industry in Shanghai, followed by textile manufacturing and knitwear production. Home textiles in a textile-finished goods production operation were agile. In the first half of 2010, the total industrial consumption reached 6.87 billion yuan, an increase of 19.7% year-on-year. The total industrial consumption of textile-to-goods products accounted for 18.7% of the total value of the textile industry, but the production and sales ratio has declined, achieving an industrial production and sales rate of 97.7%.

From July 2008 to June 2010, the total industrial consumption of enterprises above Shanghai

The resurgence of clothing exports to add to the fall of the European debt crisis has cast a shadow on the recovery of the world economy. Recently, the U.S. economy is cloudy and cloudy. The emerging economies with a weak recovery in the economy have started to withdraw from the economic stimulus plan in order to prevent overheating of the economy. With the implementation of automatic regulation, the recovery of the world economy has become confusing and lax. At present, China’s export trade has initially shown a recovery trend, but the situation is still quite significant.

In the first half of 2010, Shanghai's textile industry achieved industrial export delivery value of 10.8 billion yuan, an increase of 0.7% year-on-year; the export rate was 28.1%, down 8.3% year-on-year. Among them, the export value of textile and garment making industry reached 6.82 billion yuan, an increase of 2.7% over the same period of last year, and the export delivery value of Shanghai textile and garment making industry accounted for 63.1% of the export value of the textile industry. In the second quarter, the export value of the textile industry reached 5.95 billion yuan, an increase of 22.7% from the previous quarter and an increase of 9.8% from the same period last year. Among them, the textile and apparel manufacturing industry exported 3.71 billion yuan, an increase of 19.4% from the previous quarter and an increase of 13.5% year-on-year. Shanghai's textile and apparel exports are still dominated by Japan and Europe, but the overall increase is slow.

From July 2008 to June 2010, the status of export delivery value of enterprises above the Shanghai level realized the recovery of the company's main business operations The market linkage effect of Shanghai's “Expo economy” rushed to increase the recovery of the main business expenditure of the Shanghai textile industry. Obvious progress. In the first half of 2010, the company's main business expenditures for enterprises above the scope of the Shanghai textile industry reached 39.24 billion yuan, an increase of 16.3% year-on-year; expenditures for the second quarter reached 20.45 billion yuan, an increase of 8.9% from the previous quarter and an increase of 20.0% year-on-year. Among them, the textile and garment production industry realized main business expenses of 20.84 billion yuan, an increase of 12.0% year-on-year, and the second quarter achieved expenditure of 10.36 billion yuan, a decrease of 1.2% from the previous quarter and an increase of 16.9% year-on-year.

At present, materials show that the enterprise base above the Shanghai textile industry has stepped out of the surplus and entered the stage of profitability across the board. However, the price of the domestic raw material market has been fluctuating and uncertain factors have increased. These indirect impacts on the subsequent development of the economy. With the influx of well-known textiles and textiles brands in the domestic market, the polarization of the domestic consumer market has become increasingly important. High-end luxury goods have brought pressure to the domestic apparel manufacturing industry, rushing to promote the development of outdoor apparel manufacturing technology and creative design.

Asset-liability ratio has rebounded As of the end of June 2010, the total assets of enterprises above the Shanghai textile industry totaled 81.58 billion yuan, a year-on-year increase of 15.8%; liabilities totaled 41.75 billion yuan, a year-on-year increase of 16.8%; and the asset-liability ratio was 51.2%. Add 0.4%. The assets of the textile and garment making industry at the end of June totaled 40.68 billion yuan, an increase of 9.9% year-on-year; liabilities totaled 22.15 billion yuan, an increase of 28.0% year-on-year; and the debt-to-equity ratio was 54.4%, an increase of 1.9% year-on-year. Judging from the current state of operation of the textile industry, the lack of corporate funding is still relatively widespread. Most of the new deposits are used to increase the funds for finished products, commodity circulation, and accounts receivable.

As of the end of June 2010, the profit margin of total assets of enterprises above the scale of Shanghai textile industry was 2.65%, an increase of 66.8% year-on-year; the total asset profit margin in the second quarter was 1.46%, an increase of 16.5% from the previous quarter and an increase of 83.6% year-on-year. Among them, the profit margin of total assets of the textile and garment making industry was 3.3%, an increase of 30.1% year-on-year; the total asset profit margin in the second quarter was 1.59%, down 13.8% month-on-month and 78.7% year-on-year. It can be seen that Shanghai's textile and garment making industry is still one of the important names for profit.

Looking at the status of various types of statements, in the first half of 2010, the textile industry in Shanghai has seen a rejuvenating addition. This has brought a new look to the prosperity of urban clothing and apparel culture. At the same time, the urban textile industry is also faced with problems of changing the format.

In the second half of 2010, the textile industry in Shanghai will still be in a recovery period, and spiral consolidation of industrial structures will emerge. It is estimated that the total industrial consumption of Shanghai's textile industry will reach around 82 billion yuan in 2010, of which the total value of industrial consumption in the textile and clothing production industry will reach around 46 billion yuan, and the total profit will be about 14.5 billion yuan.