Analysis of Operation of Textile Machinery Industry in January-March 2011

From January to March 2011, China's textile machinery industry achieved sales revenue of 21.482 billion yuan, an increase of 38.54% year-on-year, an increase of 61.90%, and a total profit of 1.275 billion yuan, an increase of 50.07%, a year-on-year increase of 92.40%; total assets were 73.373 billion yuan, a year-on-year increase of 26.64%, an increase of 2.19%; the number of enterprises is 680, including 7 large-scale enterprises, 74 medium-sized enterprises, and 599 small-scale enterprises; the average number of employees is 129,000 people, an increase of 8.73% over the same period of last year. .

Good production and sales linking costs increased In January-March 2011, the industrial output value of the textile machinery industry was 21.494 billion yuan, an increase of 38.39% year-on-year and an increase of 59.41% compared to the previous period; the sales-to-sales ratio was 96.99%, a year-on-year increase of 0.10 percentage points and a month-on-month decrease of 0.26%. The total investment of finished products was 3.507 billion yuan, an increase of 12.47% year-on-year and an increase of 1.52% from the previous quarter.

From January to March 2011, the total cost of the textile machinery industry was 19.977 billion yuan, an increase of 35.65% year-on-year and an increase of 61.96% year-on-month, of which, the cost of product sales was 17.994 billion yuan, a year-on-year increase of 35.91%, a year-on-year increase of 62.32, and the cost of product sales. The proportion of the total cost and expenses was 90.68%, accounting for 0.18 percentage points of the increase; the operating expenses were 571 million yuan, an increase of 34.94% year-on-year, an increase of 63.81% compared to the previous period, and the operating expenses accounted for 2.89% of the total cost and expenses. 0.02 percentage points; management costs were 1.072 billion yuan, an increase of 30.48% year-on-year, an increase of 56.24% compared to the previous quarter; management fees accounted for 5.42% of the total cost costs, accounting for a decrease of 0.21 percentage point; and financial expenses of 2.02 billion yuan, year-on-year The growth rate was 43.28%, a month-on-month increase of 56.49%. The proportion of financial expenses to total cost expenses was 1.02%, accounting for a 0.05 percentage point increase. The cost of textile machinery industry is accelerating.

50% increase in profit growth Investment growth slows down From January to March 2011, the total profit of the textile machinery industry was 1.275 billion yuan, an increase of 50.07% year-on-year and a year-on-year increase of 92.40%; per capita profit was 9,880.63 yuan/person, a year-on-year increase of 38.02%. The chain's growth was 88.16%; the loss of loss-making companies was 110 million yuan, an increase of 24.47% year-on-year, a decrease of 53.87% from the previous period; the loss was 13.24%, an increase of 1.18 percentage points year-on-year and a decrease of 2.21 percentage points from the previous period.

From January to March 2011, the investment in fixed assets of the textile machinery industry was 1.815 billion yuan, a year-on-year increase of 16.68%, a month-on-month decrease of 359.68%; the fixed assets investment in the textile machinery industry accounted for 3.31% of the fixed assets investment in the textile industry. Mechanical investment in fixed assets slowed down.

The concentration of profit in three key production areas increased slightly. Jiangsu, Zhejiang, and Shandong Provinces were the major provinces for the production of textile machinery in China. From January to March 2011, the sales revenue of products was 6.903 billion yuan, 2.549 billion yuan, and 4.623 billion yuan, respectively. The total sales revenue of the product accounted for 65.52% of the country's total sales, and the concentration of product sales revenue increased by 0.65 percentage points year-on-year.

From January to March 2011, the textile machinery industry realized a total profit of 1.275 billion yuan, of which, Jiangsu, Zhejiang, and Shandong provinces had a total profit of 438 million yuan, 244 million yuan, and 245 million yuan respectively, and their total accumulated profits accounted for a nationwide total. The proportion of the total accumulated profits was 72.75%, and the total accumulated profits increased by 2.62 percentage points over the same period of last year.