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From January to April, the output of printing and dyeing cloth decreased by 15.9% year on year
Click: 2020-06-06

From January to April 2020, printing and dyeing enterprises above the scale produced 13.3 billion meters of dyed cloth, a year-on-year decrease of 15.9%;Revenue from main business reached 69.2 billion yuan, down 20.2% year-on-year;The total profit was 2.1 billion yuan, down 33.5% year on year.The sales profit margin was 3.1 percent, 0.6 percentage points lower than the same period last year.Cost of main business: 60.9 billion yuan (88% of main business income), down 19.9% year on year;The proportion of three fees is 7.57%, 0.5 percentage points higher than the same period of last year, among which the proportion of three fees for cotton printing and dyeing enterprises is 7.2%, and that for chemical fiber printing and dyeing enterprises is 10.4%.The profit margin of cost and expense was 3.2%, 0.7 percentage points lower than the same period of last year.The turnover rate of finished products is 4.9 times per year, a year-on-year decrease of 31.7%;Accounts receivable turnover rate 2.5 times per year, a year-on-year decrease of 23.6%;Total asset turnover was 0.3 times/year, down 22.5% year on year.

News source: Consumer Products Industry Division


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