Analysis Of The Development Of Henan'S Textile Industry

 　　一、河南省纺织工业发展现状

The 9 textile industry enterprises (Group) surveyed belong to 3 industries.

Among them, 6 belong to the cotton textile industry (Henan Ping Cotton Textile Co., Ltd., Nanyang Textile Group, Henan Xinye Textile Group, Henan song Yue Group, Luoyang Baima group, Anyang Changtai Textile Co., Ltd.), 2 belong to chemical fiber textile industry (China Shenma Group, Xinxiang egret chemical fiber group), 1 belong to wool textile industry (Henan Yang Yang wool group).

By analyzing the production and operation of 9 textile enterprises in 2007, the development of textile industry in Henan has seven notable characteristics.

1, asset size has grown and economic strength has been strengthened.

By the end of 2007, the total assets of 9 textile industrial enterprises (groups) had reached 23 billion 410 million yuan, an increase of 8.6% over the previous year, with assets of 2 billion 600 million yuan per household, an increase of 210 million yuan over the previous year.

At the end of the year, the owner's equity was 8 billion 380 million yuan, an increase of 3.8% over the previous year, and the capital preservation and appreciation rate was 103.8%. The labor productivity of the whole year was 329 thousand yuan / person, an increase of 51 thousand yuan / person over the previous year.

The scale of the assets of textile enterprises has continued to grow and grow, and the comprehensive economic strength has been continuously enhanced, thus supporting the rapid growth of Henan's economy.

Such as the leading product of China Shenma Group, nylon 66 cord fabric and industrial yarn production scale are ranked first in the world. Nylon 66 salt ranks first in Asia and fourth in the world. Nylon 66 is the largest in engineering plastics industry in the world and fourth in the world. The production of viscose rayon in Xinxiang Egret chemical fiber group ranks first in Asia.

2, economic indicators show a growth trend, and the economic benefits of enterprises are quite different.

In 2007, the main economic indicators of 9 textile enterprises (groups) showed a growth trend.

9 textile enterprises (Group) operating income of 19 billion 560 million yuan, an increase of 11.1% over the previous year.

China's Shenma Group, which tops the list, has a business income of 10 billion 23 million yuan, accounting for 51.2% of the 9 textile enterprises (Group) revenue.

There are 5 enterprises operating income more than 1 billion yuan, 1 less than the previous year, of which, Xinxiang egret and Xinye textile two more than 2 billion yuan, Nanyang textile and Luoyang white horse more than 1 billion yuan.

There were 7 enterprises (Group) operating income increased, Henan song Yue Group and Henan Ping cotton textile decreased compared with last year.

The total profit of the 9 textile enterprises (Group) was 576 million yuan, an increase of 29.5% over the previous year. Among them, 6 profit grew, 2 profit reduction, 1 losses, and 2 enterprises had a total profit of more than billion yuan.

The chemical fiber textile industry was affected by the industry boom and the rising price of products. The profit in 2007 was 525 million yuan, up 79.8% over the previous year. The Xinxiang egret ranked first in the world, and realized a profit of 400 million yuan, an increase of 2 times over the previous year, accounting for 69.4% of the total profits of 9 enterprises. The cotton spinning and weaving industry was in a state of depression. Henan song Yue suffered a heavy loss (160 million yuan), and Henan Ping cotton realized a profit of 50 million yuan, a decrease of 67.1% than that of last year. The wool textile industry (Henan Yang Yang) is in a state of capital preservation.

The overall efficiency of the 9 textile enterprises (Group) is better than that of last year.

The profit margin of product sales was 2.9%, 0.4 percentage points higher than the previous year, 4% of net assets yield, 0.6 percentage points higher than last year, 4.7% of total assets return, 0.4 higher than that of last year.

The main economic indicators of the 9 textile enterprises (Group) are shown in the table below.