The overall production situation was stable, and the efficiency level continued to improve

Since the beginning of this year, the orderly and stable operation of the supply chain and the recovery of domestic and foreign market demand have supported the overall stable production situation of the textile industry. Data from the National Bureau of Statistics show that from January to June, the capacity utilization rate of China's textile industry and chemical fiber industry above designated size was 78.6% and 85.3%, respectively, an increase of 2.4 and 2.1 percentage points over the same period last year. In the same period, the industrial added value of enterprises above designated size in the textile industry increased by 4.6% year-on-year, the growth rate rose by 7.6 percentage points over the same period last year, and the industrial added value of chemical fiber, wool textile, filament weaving and other industries achieved double-digit growth year-on-year. Among the 15 textile categories counted by the National Bureau of Statistics, 13 categories of products, such as chemical fiber, cloth, printed and dyed fabrics, and nonwovens, achieved positive growth year-on-year.

The efficiency level of textile enterprises continued to improve, and the total operating income and profit achieved recovery growth. According to the National Bureau of Statistics, from January to June, the operating income of 38,000 textile enterprises above designated size in the country increased by 6% year-on-year, and the total profit increased by 21.1% year-on-year, with the growth rate rising by 11.1 and 42.4 percentage points respectively over the same period last year. The operating income of the whole textile industry chain has a positive growth trend, and the total profit of chemical fiber, wool textile, printing and dyeing, industrial textiles and other sub-industries has achieved a rapid growth of more than double digits.

The quality of operation has been improved, and investment has achieved good growth

Since the beginning of this year, the profitability of textile enterprises and some operating indicators tend to improve. From January to June, the operating income profit margin of textile enterprises above designated size was 3.1%, which was 0.3 and 0.5 percentage points higher than the same period of last year and the first quarter of this year, respectively; The turnover rate of total assets accelerated by 1.4% year-on-year, and the ratio of three expenses decreased from 6.8% in the same period of last year to 6.5%. The turnover rate of finished products of enterprises has decreased slightly, and weak demand is still an important factor affecting the operation of enterprises.

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