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Status quo of China’s textile machinery industry(Q1― Q3,2016)
In the first three quarters of 2016, the economic indicators of main business income, total profits ad others enjoyed a slight increase from a year earlier in the textile machinery industry, while both the imports and exports of textile machinery products showed a downward trend year-on-year, but the fixed asset investment saw a small increase.
Main indicators of the industry
Scale of the industry
The textile machinery industry realized main business income of 84.166 billion yuan, a year-onyear increase of 0.26%; total assets reached 98.565 billion yuan, up 3.80% from Jan. to Sept. of 2016.
Cost structure
In the first three quarters, gross cost amounted to 78.843 billion yuan, a slight increase of 0.30%. Among them, main business costs reached 71.304 billion yuan, up 0.59% year-on-year, with the highest proportion of 90.44% of the total; operating ex- penses amounted to 2.226 billion yuan, a year-on-year fall of 2.38%, with the proportion of 2.82%; management costs registered 4.416 billion yuan, down 2.82%, with the proportion of 5.60%; financial costs were 898 million yuan, an decrease of 0.73%, with the proportion of 1.18%.
Profitability
Total profits of the textile machinery industry realized 5.371 billion yuan, an increase of 5.79%; the losses of loss-making enterprises amounted to 514 million yuan, an amazing plummet of 23.02%, with the scale of losses of 16.79%.
Investment
The fixed asset investment increased 1% to 21.012 billion yuan, with the proportion of 2.28% of the whole industry, up 7.62 percentage points year-onyear.
Overview of the key enterprises
According to the statistics of the key enterprises traced by China Textile Machinery Association, From Jan. to Sept., main business income of the key enterprises reached 28.608 billion yuan, a year-on-year decrease of 3.13%, with the proportion of 34.18% in the whole industry; total profi
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