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The profit growth of the luggage tester industry is not high

by:GESTER Instruments     2021-03-09
It should be noted that the profit growth of the luggage testing-equipment' target='_blank'>tester industry is not high. In this regard, Jester analyzed two reasons: First, the rapid increase in labor costs and high management and operating expenses have caused the industry's cost increase to be slightly higher than the increase in production and sales. Secondly, the demand of most enterprises is not strong, and the scale efficiency is beginning to decline, and the industrialization of high-tech products is only effective in a small number of enterprises.   Judging from the quarter-on-quarter data, the profit growth trend of the luggage tester industry in the first half of the year was relatively normal, and the rapid decline year-on-year was mainly due to the base fluctuation of the previous year. At the beginning of the year, the ultra-high growth rate of more than 29% was caused by the low base of the previous year. March to May was a normal period of decline. However, the year-on-year decrease of more than 5 percentage points in June was due to the sudden increase in profit in June last year. It was caused by 48.5%, not caused by factors of the industry this year. Profits in the third quarter are expected to pick up year-on-year, and gradually become normal.  Although the industry-wide data is fair, most companies have intensified differentiation. Among the 3959 companies in the industry, there are 760 loss-making companies, accounting for 19.2%, a year-on-year increase of 12.43%. '   Since the beginning of this year, the import of the luggage tester industry has shown a low-speed growth, basically continuing the trend of the previous year. The difference is that the growth rate of the previous year was more than 5%, but this year it was below 5%. The monthly growth rate has not fluctuated much. However, the industry exports However, it was abnormal from the normal double-digit growth rate for many years. First, it turned into a low growth rate of less than 5% in April, and then showed a negative growth of 2.59% in June.    Among the 161 categories of products, 56 categories declined, and 28 categories had one. The two accounted for more than 50% of the number, and there is also a large export luggage tester that has a long-term competitive advantage in the international market. For example, the annual export of components of more than 1.5 billion yuan has decreased by 12.19%, and the annual export volume has exceeded The 26 million watt-hour meters have been reduced by 26.08%, and the situation is more serious.
It is beyond doubt that benefits tensile tester manufacturers. Market sentiments are strong, especially in the light of growing tensile tester manufacturers observed globally.
All of the experts GESTER International Co.,Limited consulted stressed that the best recovery plans are the ones made before you need them, not afterward.
Being focused on the goals of textile testing equipment, our team, and most importantly, ourselves is critical to long-term success.
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