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Excessive inventory in the textile and apparel industry will affect the textile instrument industry in the future?

by:GESTER Instruments     2021-03-06
In the case of high inventories of listed companies in the textile and apparel industry, some companies have begun to vigorously control their inventory, but there are still some companies that are still facing the problem of destocking. According to data compiled by the reporter through Flush, as of April 5, 2016, the total inventory of 32 listed textile and apparel companies in the five years from 2011 to 2015 has increased year by year, totaling 18.588 billion yuan and 19.349 billion yuan respectively. , 20.259 billion yuan, 21.051 billion yuan and 22.209 billion yuan. If the inventory growth rate from 2011 to 2015 is calculated, the total inventory of 22.209 billion yuan in 2015 is an increase of 19% from the 18.588 billion yuan in 2011.    90% of companies have inventories of more than 100 million yuan    Flush statistics show that 28 of the 32 listed textile and apparel companies have inventories of more than 100 million yuan, accounting for nearly 90%.    The increase in export volume is the key to destocking   Some insiders analyzed the reason for the increase in inventory in the textile and apparel industry because the domestic demand market is relatively sluggish, which is the most fundamental unresolved relationship between the demand problem. In this regard, Zhu Qinghua, a researcher at China Investment Consulting Light Industry, told reporters: 'If the international economy grows slowly or falls into an'economic quagmire', it will be difficult for textile and apparel inventories to return to normal.' Zhu Qinghua believes that my country's textile and apparel industry is highly dependent on exports. , The increase in export volume is the key to alleviating the high inventory of textiles and garments. It can be seen from the above data that the textile industry will be a period of destocking in the future. Then the textile instrument industry will develop with the development of the textile industry. The dynamics of the textile industry must always be paid attention to. Then the textile industry will be inevitable in the next few years. With the pressure of high inventory, production will definitely slow down. In the process of destocking, the demand in the textile instrument industry will inevitably decrease, which will lead to a further decline in the textile industry. In this case, how should the textile instrument industry face? Since 2014, the decline of the textile industry has been very obvious, and the accompanying textile instrument industry has seen a significant decline. Therefore, the textile instrument industry needs to do a good job in this regard and face increasingly fierce competition. , The textile instrument industry is bound to face this reshuffle situation. Who can laugh to the last is the winner. Now that the problems in the industry are solved, it can go smoothly? Quality and service are the fundamental factors of the industry. At the same time, we will expand foreign trade exports and expand the international market. More about Textile Instruments: http://www.standard-groups.com/TextileGarment/
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