Analysis Of Economic Operation Of Textile Machinery Industry In 1~8 2010

　 In 1~8 2010, Textile machinery industry The product sales revenue reached 56 billion 990 million yuan, an increase of 50.16% over the same period last year. The total assets amounted to 72 billion 716 million yuan, an increase of 25.77% compared with the same period last year; the number of enterprises was 1058; the average annual number of employees was 145 thousand, up 4.05% over the same period. The continuous increase in sales revenue and total assets further testified the improvement of the manufacturing technology level in the textile machinery industry.

In 2010 1~8, the capital and labor intensity of textile machinery industry increased considerably compared with the same period last year. The per capita product sales revenue was 393 thousand yuan, an increase of 59.12% over the same period last year; the total assets per capita was 446 thousand and 900 yuan, an increase of 50.14% compared with the same period last year; the sales revenue per unit product was 53 million 865 thousand and 900 yuan, up 44.69% over the same period last year; the total assets of the unit amounted to 68 million 729 thousand and 400 yuan, up 23.93% over the same period last year.

　　 Sales value Nearly half of growth year on year

In 2010 1~8, the sales value of textile machinery industry was 56 billion 162 million yuan, an increase of 48.85% over the same period last year, and the production and marketing rate was 97.40%, down 1.59 percentage points compared with that of the previous year. The finished product occupied 3 billion 948 million yuan, down 9.68% compared to the same period last year.

In the 1~8 month of 2010, the cost growth of spinning machinery industry accelerated, the total cost of textile machinery industry was 56 billion 162 million yuan, an increase of 48.85% over the same period last year. Among them, the cost of product sales was 48 billion 838 million yuan, an increase of 46.69% over the previous year, accounting for 91.16% of the total cost; the product sales cost was 1 billion 445 million yuan, an increase of 57.52% over the previous year, accounting for 2.70% of the total cost; the management cost was 2 billion 800 million yuan, an increase of 29.06% over the previous year, accounting for 5.23% of the total cost; the financial cost was 493 million yuan, an increase of 19.35% over the previous year, accounting for the proportion of total cost.

　　 Total profit Increased 1.7 times compared to the same period last year.

In the 1~8 month of this year, the textile machinery industry realized a total profit of 3 billion 418 million yuan, an increase of 172.04% over the same period last year; the deficit of deficit companies was 162 million yuan, down 63.74% from the same period last year; the deficit was 13.16%, 10.09 percentage points lower than that of the same period last year; the loss depth was 8.80%, a substantial improvement over the same period last year.

Industry operation performance has been improved.

In the 1~8 month of 2010, the sales growth rate of textile machinery industry was 50.16%, an increase of 50.69 percentage points compared with the same period last year. The total assets growth rate was 25.77%, an increase of 24.05 percentage points compared with that of the previous year, and the growth rate of capital maintenance was 123.14%, an increase of 21.89 percentage points over the same period last year.

In the 1~8 month of 2010, the profitability of the textile machinery industry increased. The gross profit margin of textile machinery industry was 14.31%, an increase of 2.03 percentage points compared to the same period last year, and the profit margin of sales revenue was 6%, an increase of 2.69 percentage points compared with the same period last year. The cost and profit margin was 6.38%, an increase of 2.97 percentage points compared to the same period last year; the profit margin of assets was 4.70%, an increase of 2.53 percentage points compared with that of the previous year; the net assets profit rate was 11.83%, an increase of 6.47 percentage points over the same period last year.

In 2010 1~8, the asset liability ratio of the textile machinery industry was 60.26%, an increase of 0.85 percentage points compared to the same period last year, the interest protection multiple was 7.93 times, an increase of 3.89 over the same period last year, and the property rights ratio was 1.52 times, down 0.05 compared to the same period.

In 2010 1~8, the turnover rate of total assets of textile machinery industry was 78.37 times, an increase of 12.73 times compared with the same period last year. The turnover rate of current assets was 1.24 times, an increase of 0.17 times compared with the same period last year, and the turnover rate of finished products was 0.35 times, a decrease of 0.01 times compared with the same period last year.

Fixed asset investment growth slowed down

In 2010 1~8, the fixed assets investment of textile machinery industry was 4 billion 433 million yuan, an increase of 10.50% over the same period last year. The proportion of fixed assets investment in textile machinery industry accounted for 3.34% of fixed assets investment in textile industry, a slight decrease of 0.42 percentage points compared with the same period last year, and the fixed asset investment growth rate of textile machinery industry slowed down.

Jiangsu, Zhejiang and Shandong provinces accounted for 70% of the profits.

As the main production province of textile machinery in China, in 2010, 1~8 provinces, including Jiangsu, Zhejiang and Shandong, achieved sales revenue of 17 billion 725 million yuan, 7 billion 120 million yuan and 12 billion 251 million yuan respectively. The total sales revenue of the three provinces accounted for 65.09% of the total sales of the country, and the sales income of the profit products decreased by 2.91 percentage points year-on-year.

In the 1~8 month of 2010, the total profit of the textile machinery industry was 3 billion 418 million yuan. Among them, the top three of the total profits were Jiangsu, Shandong and Zhejiang. The total profits were 1 billion 219 million yuan, 767 million yuan and 487 million yuan respectively. The total profits of the three provinces accounted for 72.37% of the total industry, and the total profit concentration decreased by 19.17 percentage points year-on-year.