This year is considered to be the most difficult year that textile people have ever encountered. The epidemic is like the wings of a butterfly in the tropical rain forest. A gentle flap can make the world tremble. A recent survey by the International Textile Federation shows that the number of canceled and postponed orders worldwide accounts for 41%, and the average turnover of global textile companies is expected to drop by 33% in 2020.
The performance reports of listed companies are industry barometers. Data shows that the market value of listed textile and apparel companies is relatively more affected by the epidemic. At the end of March, the total market value of 176 listed textile and apparel companies was 1.302571 billion yuan, a decrease of 94.99 billion yuan from the beginning of the year, and the loss rate reached 6.80%. It is higher than the average market value loss of A-shares in the first quarter. In the first quarter of 2020, 176 textile and apparel companies achieved a total operating income of 251.477 billion yuan and a total net profit of 11.317 billion yuan, down 5.75% and 36.98% respectively from the same period last year. Among them, 58 companies suffered losses, with the loss rate reaching 32.95%.
(Source: China Textile Planning Research Association)
When the global epidemic spreads, foreign orders The impact of cancellations and reductions has greatly harmed the textile and apparel industry. We can see from the first quarter performance of listed textile and apparel companies that the revenue of listed apparel and apparel processing companies increased by -67.14% year-on-year.
Ye Tan, a well-known financial expert, recently said, “No one with brains will enter the textile industry now.”
The sharp decline in corporate revenue has led to a decline in investment willingness. According to data from the National Bureau of Statistics, in the first quarter, the completion of fixed asset investment in the textile industry decreased by 38% year-on-year. In terms of industries, investment in the textile industry, chemical fiber industry and clothing industry decreased by 37.1%, 45.8% and 19.2% respectively year-on-year.
Various data show that the textile industry is currently in a “rainy and rainy” state. Recently, the media has once again exposed a lot of negative news about textiles, which has made many people feel exhausted!
The owner of a clothing brand in Guangzhou lost contact, and employees, franchisees and suppliers came to collect debts
On Jiangwan Road, Haizhu District, dozens of citizens gathered outside a store called “Guangzhou Marlene Haydn Clothing Co., Ltd.”. There were many company employees, franchisees and suppliers on site. Come to collect debt.
(There are suppliers on site showing documents for payment arrears)
(The company involved has been vacated)
Walking in the streets, many citizens may recognize “Carol John” “This brand’s clothing store, but if you want to buy this brand of clothing, you have to be more careful, because since January, the owner of this brand’s clothing company has lost contact.
At the beginning of this month, dozens of citizens gathered at a restaurant called “Guangzhou Marin Hayden” on Jiangwan Road, Haizhu District Clothing Co., Ltd.’s store, with a court seal affixed to the door. According to reports, this company is a dealer of the “Callu John” brand, and many company employees, franchisees and suppliers came to collect debts.
1. Employees: more than 100 employees, with wages owed more than 2 million yuan
Mr. She was previously the production director of the company involved. According to him, the company had a practice of delaying salary payment by three months. In November last year, he was supposed to receive his August salary, but the company delayed payment. “I decided to resign at that time. My salary for four months totaled 100,000 yuan, but I haven’t received it yet.
It is understood that the company has more than 100 employees. Among them, Lao Li, who has been working for 7 years, said that in fact, the boss stopped coming to the company at the end of last year, but they worked until January this year when they discovered that the boss had lost contact. “We earned all hard-earned money, and our arrears of wages totaled More than 2 million yuan. ”
2. Franchisees: more than 300 merchants, with debts of more than 40 million yuan
There were more than a dozen franchisees at the scene. Ms. Li, who came all the way from Zhongshan, said that she joined the “Callu John” brand in 2012 and had to pay 160,000 yuan for a three-year period in accordance with the contract. Security deposit. Unexpectedly, after the expiration of this year, this security deposit will not be recovered.
Ms. Liu, who runs the brand store in Yuexiu District, said that because the company was seized, the supply of The chain of goods was broken, and now her store has no goods to sell, and she has to pay the rent for several months by herself.
In the materials provided by the franchisees, the reporter saw that the company There are more than 300 franchisees. Based on an average franchise deposit of 100,000 yuan, the total cost exceeds 40 million yuan.
3 , Supplier: The payment for the goods cannot be obtained, the total amount is nearly 20 million yuan
As one of the suppliers, Tang �The doctor said that he encountered a scam the first time he cooperated with the company. In September last year, his factory signed a contract with the company to supply more than 20,000 meters of fabric, with a total payment of more than 230,000 yuan. The company owner then wrote a check. But what was surprising was that when Mr. Tang went to the bank to cash in the money, his check bounced. “The bank said that this company has no money at all, and this is just a bad check.” According to statistics from the police economic investigation department provided by the supplier, the supplier’s payment for goods was nearly 20 million yuan.
A large water-jet loom factory in Jiaxing: Japan’s Tsudakoma switched to producing “bad cloth”. One machine loses 100 yuan/day, but it still has to make losses!
Recently I heard that a large water-jet factory in Jiaxing uses high-end looms worth more than RMB 300,000 from Tsudakoma imported from Japan to weave “bad cloth” such as polyester taffeta and pongee!
“If the high-end machines imported from Japan make some relatively low-end gray fabrics, each machine will lose about 100 yuan a day. Money.” A textile person revealed to the editor.
The market is now slightly better than before, but there are still many companies that have no orders. In order to prevent factories from shutting down, they are still weaving inventory. Under such circumstances, Some factories have begun to use high-end machines to weave low-end fabrics, and use some machines that are usually used to produce relatively high-end gray fabrics such as nylon and nylon four-way stretch to produce polyester taffeta and pongee at a cost of only 0.3~1 Yuan/meter of low-end gray cloth. The depreciation cost of the machine is tens of yuan, plus various labor and other expenses, a machine will lose about 100 yuan every day.
No matter which scene, for textile people, it means that the current market orders are still weak. Affected by the COVID-19 epidemic in 2020, the domestic textile industry has been greatly impacted. The entire industrial chain has been stagnant upstream and downstream for nearly a month, and even for nearly two months in some areas.
Now that half of 2020 has passed, the impact of the overseas epidemic on the textile market has begun to improve. More than one foreign trade boss has told the editor that orders have been canceled recently. Orders with returned or delayed shipments are also being prepared for shipment. However, compared with the same period in previous years, the shrinking sales volume in the first five months of this year will definitely severely damage the vitality of some companies. In the future, in-depth repair will become the main theme of the market.
From the perspective of overseas markets, the “epicenter” in Europe and the United States has passed, but there is still great uncertainty in Southeast Asia, and the recovery of market orders will also be affected by this. It is understood that the recent order situation in the United States, Spain, Italy and other regions has been significantly better than that in Southeast Asian countries such as Vietnam. “Currently, we can have orders on hand until the end of June, but we don’t know what will happen next, and we are still worried about the continuity of orders.” said an export supplier of home textile fabrics.
Some experts said that domestic economic activities were suspended in the early stage due to the impact of the epidemic, but as the first wave of impact has passed, the second wave of impact is on the way, and the second wave of impact is on the way. It is likely to be greater than and last longer than the first wave of shocks, mainly because of the impact of overseas epidemics on China’s imports and exports.
In fact, every economic activity has a certain cycle. In 1998, the market overcapacity was later rescued by the external demand of the World Trade Organization. In the 2008 subprime mortgage crisis, foreign trade demand fell and was initiated domestically. Four trillion. After 2013, the market once again fell into overcapacity and weak demand. Later, a batch of production capacity was eliminated due to environmental protection, safety supervision and other measures, and the market improved again.
The “black swan” impact of this year’s epidemic is still continuing. When it is relieved will directly determine the resumption of work and consumption recovery demand of overseas countries’ own enterprises, thus affecting the domestic textile industry. recover! </p
