The Cash Flow In The First Half Of The Spinning And Weaving Industry Decreased By 23% Compared With The Same Period Last Year.

Behind the rumors of the boss's running away from the textile and garment industry, it is a sign that the industry is facing a dilemma of shortage of funds. And this kind of "kitchen failure" not only exists in small and medium textile and garment enterprises, but also exists in the listed textile and garment enterprises.

Statistics show that in the first half of 2014, the net cash flow generated by the activities of listed companies of 78 textile and apparel companies in A shares totaled 2 billion 631 million yuan, down 23% from the 3 billion 232 million yuan in the first half of 2013.

　　 More than 40% companies are in urgent need of funds.

At present, the market continues to spread the news of the boss of the textile and garment industry, such as Ding Hui, a chairman of the Fujian stock company, and has been confirmed by the police investigation, the loss of the boss of Quanzhou business in Fujian, the escape of the Wenzhou business woman, and the arrest of the police.

Insiders told reporters that the textile and garment industry today is facing a continuing downturn in terminal consumption, and no improvement in stock turnover. This leads to the fact that most enterprises will be faced with a shortage of funds and even a crisis of capital chain breakage. It is precisely because there is no money, will appear textile and garment enterprises boss running.

More clothing enterprises related to the reporter complained to reporters, clothing enterprises from the bank loan is very difficult, compared to clothing enterprises, banks are more inclined to Real Estate Company loans.

This situation is not limited to SMEs, and even spread to listed companies.

Statistics show that in the first half of 2014, the net cash flow generated by the activities of 34 companies in 78 textile and garment companies was negative, and the net cash flow generated by the activities of 44 companies was positive. That is to say, over 40% of company funds are tight.

Some analysts believe that the net cash flow is negative. In a period, the company receives less money than the money paid. If the negative value is large, it means that the company may lack funds to carry out the next round of production and trade.

According to statistics, in the 78 companies above, the net cash flow generated by the activities of 29 companies exceeds 10 million yuan. Among them, the net cash flow generated by the activities of black peony, China group, Shenda group, waits share, search for special agent, Pathfinder and Jiangsu three friends 7 companies exceeded the negative billion yuan, which are -9.2 billion yuan, -3.95 billion yuan, -2.32 billion yuan, -1.24 billion yuan, -1.13 billion yuan, -1.03 billion yuan and -1.02 billion yuan respectively.

It is worth noting that in the above 7 companies, the net cash flow generated by the activities of Wordsworth shares fell by 1606.06%. In this regard, the company explained that this is caused by the purchase of raw materials, the payment of taxes and other expenses increased.

According to statistics, the net cash flow generated by the activities of 13 companies decreased by more than 100%, of which, in addition to the net cash flow decrease of 1606.06%, the net decrease in net cash flow generated by ray B, Huafang textile and Georges white business was over 1000%, down 1445.09%, 1351.37% and 1048.08% respectively.

　　 Reduce expenses and ensure adequate cash flow.

In addition, other statistics show that in the 44 companies with positive net cash flow from operating activities, the net amount of cash flow generated by the operation of Smith Barney clothing is the highest, with the amount of 698 million yuan more than YOUNGOR. The net cash flow generated by YOUNGOR's business activities is 664 million yuan.

China Daily reported that in the first half of 2014, the net cash flow generated by Smith Barney's clothing business activities was 698 million yuan, an increase of 83.82% over the first half of 2013, compared with 380 million yuan in the first half of the year.

However, the net increase in net cash flow from operating activities was the highest on Saturday. According to the China Daily, the net cash flow generated by business activities in the first half of 2014 was 8851.94%, an increase of 3192 times compared to the same period in 2014. The company said it was mainly due to the increase in bill payment, the control of the number of newly opened stores, the control of purchases and the substantial increase in net sales.

Affected by the impact of the Internet, the physical stores of clothing enterprises are generally affected, and men's clothing enterprises have set off shop closes. In terms of store expansion, Saturday took the principle of careful opening of shops.

The company said that it strictly controls the opening store standards, emphasizes the quality of stores, and tries to enhance the performance of single stores by strengthening operational management efficiency. At the same time, it also adjusts some inefficient shops that fail to achieve performance goals, and continues to promote the development of the three or four line cities through distribution.

As of June 30, 2014, the number of brand chain stores on Saturday was 2330, a decrease of 33 compared with the beginning of the year, including 1774 self operated stores, 94 fewer than the beginning of the year, and 556 outlets, an increase of 61 over the beginning of the year.

Seen from above, the abundant cash flow on Saturday comes from shrinking expansion. In other words, the current textile and garment industry, whether cash flow or cash flow, will be affected by the downturn in the industry. In this regard, the industry generally told reporters that only the company's reform can ease the future business dilemma. More people in the industry advocate clothing enterprises to develop O2O business mode.

But some clothing enterprises responsible person told reporters, because of the Internet do not understand, investment O2O risk is greater, at present, will only regard online transactions as clear inventory platform.