China's dyed fabric output increased year-on-year from January to September 2023

According to the National Bureau of Statistics, from January to September 2023, the output of dyed and printed fabrics by large-scale enterprises in the dyeing and printing industry reached 40.975 billion meters, a year-on-year increase of 0.84%, with the growth rate falling by 0.82 percentage points compared to the first half of the year. In terms of monthly output, the output of dyed and printed fabrics in July-September remained below 5 billion meters. Affected by the weakening consumption of textiles and garments, the overall production situation in the dyeing and printing industry in the third quarter was relatively weak. From January to September, the retail sales of clothing, shoes, hats, and textiles by above-scale units in China increased by 10.6% year-on-year, with the growth rate falling by 2.2 percentage points compared to the first half of the year; among the online retail sales of physical goods, the year-on-year growth rate of clothing was 9.6%, with a decline for four consecutive months. Insufficient terminal demand and reduced production orders have resulted in a low capacity utilization rate in the dyeing and printing industry, and the production situation remains under pressure.
Affected by insufficient demand and complex domestic and international situations, the operating quality of the dyeing and printing industry has declined, and the recovery of operating efficiency has been slow. According to the National Bureau of Statistics, from January to September, the three-expense ratio of large-scale dyeing and printing enterprises was 6.93%, an increase of 0.26 percentage points year-on-year, of which the increase in financial expenses was significant, with a year-on-year increase of 17.47%; the finished product turnover rate was 13.90 times/year, a decrease of 10.70% year-on-year, with the decline expanding by 1.70 percentage points compared to the first half of the year; the accounts receivable turnover rate was 8.09 times/year, a decrease of 0.29% year-on-year, with the decline narrowing by 0.68 percentage points compared to the first half of the year; the total asset turnover rate was 0.95 times/year, a decrease of 2.09% year-on-year, with the decline narrowing by 0.86 percentage points compared to the first half of the year.
From January to September, the operating revenue of large-scale dyeing and printing enterprises was 216.028 billion yuan, a decrease of 0.90% year-on-year, with the decline narrowing by 2.38 percentage points compared to the first half of the year; the total profit was 7.434 billion yuan, a decrease of 12.23% year-on-year, with the decline narrowing by 12.11 percentage points compared to the first half of the year; the cost-to-profit ratio was 3.66%, an increase of 0.61 percentage points compared to the first half of the year; the sales profit margin was 3.44%, an increase of 0.55 percentage points compared to the first half of the year. Among the 1,771 large-scale dyeing and printing enterprises, 628 enterprises suffered losses, with a loss rate of 35.46%, a decrease of 3.16 percentage points compared to the first half of the year; the total losses of loss-making enterprises were 2.804 billion yuan, an increase of 9.63% year-on-year, with the growth rate narrowing by 14.60 percentage points compared to the first half of the year.
In the third quarter, with the continuous efforts and effectiveness of a series of national policies to stabilize growth and promote consumption, the operating performance of the dyeing and printing industry maintained a recovery trend. Although the operating revenue and total profit of large-scale dyeing and printing enterprises were still negative, the decline gradually narrowed, the industry's sales profit margin gradually increased, and the enterprises' operating performance continued to improve.

previous：

US clothing retail sales were flat month-over-month in October 2023.

next：

US clothing retailers see more declines than increases in sales.

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

On March 3, Wang Yongqing, Vice President of Xiamen CNOOC Group, visited Tongzhou Group for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; and Zhang Zhiyan, Director of the General Office, met with and participated in a symposium.

Details

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
Tongzhou Cotton Market Brief, Week 1 of March 2025

Tongzhou Cotton Market Brief, Week 1 of March 2025

1) This week's National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC) in China boosted market expectations for steady growth. In February, the Purchasing Managers' Index (PMI) for manufacturing stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in the manufacturing sector.

Details

Tongzhou Cotton Market Brief, Week 1 of March 2025
In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's dyeing industry saw rapid export growth to ASEAN and RCEP member countries, exceeding the overall export growth rate. However, this growth was accompanied by a decline in prices. From January to December, China's exports of eight major dyeing products to ASEAN totaled 7.908 billion meters, a year-on-year increase of 12.14%, 4.61 percentage points higher than the overall export growth rate, accounting for 23.58% of total exports. The average export price was US\$1.19 per meter, a year-on-year decrease of 2.75%, 0.64 percentage points lower than the overall decline. Exports to RCEP member countries totaled 8.431 billion meters, a year-on-year increase of 11.35%, 3.82 percentage points higher than the overall export growth rate. The average export price was US\$1.17 per meter, a year-on-year decrease of 2.79%, 0.60 percentage points lower than the overall decline.

Details

In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.
President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

On February 28, Mr. Huang Hongyu, President of our company, was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference and, as a guest speaker at the "Xiangshan Roundtable," shared his views on the cotton market and trading opportunities.

Details

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

Sorry，当前栏目暂无内容!

您可以查看其他栏目或返回 首页

Sorry，The current column has no content!

You can view other columns or return Home