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Big Business Crisis Behind Optimism: Pearl River Delta Textile Industry Survey

2011/7/23 8:39:00 56

Recently, Dongguan manufacturing industry Emerging enterprises Collapse tide The news aroused nationwide concern. textile industry It is one of the industries that bear the brunt. But in July 21st, Zhu Hongren, a spokesman for the Ministry of industry and information, said that there was no such thing as a small and medium-sized enterprise pushing and closing. What is the real situation?

" Pearl River Delta It is estimated that 20% of the looms are closed. From the Spring Festival to the present, I see seven or eight cotton mills closing. " In July 21st, Ceng Xiang, chairman of the three dimensional digital textile technology Co., Ltd. (hereinafter referred to as "three dimensional textile"), told the China business newspaper, "however, only a few textile companies have been closed down, and there has been more production and production cuts."

Reporter survey found that Order Reduction, inflation and tightening of money are textiles. enterprise Facing the crisis. This time, in addition to small businesses, there are also large enterprises facing the collapse crisis.

　　 Optimistic data and "shutting down tide"

Zeng Xiang has been immersed in the textile industry for 40 years. He is also the first Hongkong people to run the textile industry in Dongguan. He has high authority and position in the field of textile technology. Zeng Xiang said that most of the export orders for cotton mills, weaving mills and garment factories were much less this year. Many orders were snatched at low prices by Southeast Asian countries, with oversea orders for clothing reduced by 1/3.

"At present, more than 1/3 spinning enterprises are basically in a state of production reduction and shutdown." Wang Qian, editor in chief of China's first textile net. After experiencing the rise in production and sales last year, the textile market has been on the decline this year. From overnight to stagnation, the inventory pressure is serious, and the profit space is sharply compressed. Most textile enterprises are in a predicament. "The number of small and medium-sized enterprises in China's textile industry is the main body. Many small businesses are in a state of discontinued production, and some even have been closed down." Wang Qianjin said.

However, the open statistics are very optimistic: the textile industry's exports increased by 25.7% in the 1~5 months, the consumption increased by 18%, the investment increased by 38.5%, the industry profits increased by 46.9%, and the gross products of all major products maintained a growth rate of over 10%.

Contrary to optimistic data, enterprises feel the difficulty of operation is increasing.

"This time of year is the peak season for garment factories, but overseas orders have dropped by 40%~50% in the past two months." Huang Peng, owner of the Wei Peng knitting mill, said that the factory's orders in the first 4 months of this year were last year's orders. This explains the optimism of statistics, but companies feel sad this year. Because export data often lag behind, the situation in recent months can only be reflected after a period of time.

Huang Peng has been feeling bad since May of this year. He has only received orders for two months recently. "Now inflation, we are afraid to take a long order." Inflation is another reason for the optimism of statistics. In the textile industry's 25.7% growth rate, the price increase factor contributed 80%, while the textile export volume grew by less than 4%, and the volume of exports actually slowed down.

"Now is more severe than the financial crisis in 2008." Wu Haoliang, Secretary General of Foshan Textile Industry Association, said that despite the sharp decline in textile exports after the financial crisis, the domestic sales of the textile industry were very strong under the strong pull of the government. "And now there is pressure inside and outside sales."

In addition, Wang Qian believes that the exchange rate and cotton price in 2008 are more stable and the price is controllable. But since last year, labor costs have risen, cotton prices have fluctuated violently, and the renminbi has appreciated substantially. Textile companies are afraid to take long lists and large orders. They can only pick up short lists and small orders, and can not arrange production normally.

At present, the reason why textile enterprises are sad is attributed to "three wastes, two high and one low" - "labor shortage", "money shortage", "electricity shortage", high cost, high tax burden and low profits.

　　 Next big business is big business.

Huang Peng is a native of Dongguan, and his knitting factory is located in Changping Town, Dongguan. In the town near Liaobu, near Changping Town, recently, a well-known textile enterprise, Ding Hao, went bankrupt, and the report of the closure in July 19th caused great repercussions throughout the country.

The failure of Ding Jia company made Huang Peng sigh with emotion. There are more than 1000 people in the Ding Jia textile mill, more than 300 computerized numerical control equipment, and a large textile mill in Dongguan. "The local people run enterprises will not give up until the last soldier."

The main reason for the closure is the fragmentation of the capital chain. Huang Peng said that when the company failed, it also carried tens of millions of dollars in debts. Perhaps, the collapse of Ding Jia is a prelude to a new wave of textile enterprises' collapse after the financial crisis.

Statistics from the textile industry association show that the pressure of capital turnover has increased sharply due to the continuous tightening of money in the country. The financial cost of textile industry increased by 39.1% over the past 1~4 months, much higher than that of main business revenue by 8.26%. Interest expense accounts for more than 80% of the cost.