According to the National Bureau of Statistics, from January to March 2019, printing and dyeing enterprises above designated size produced 10.34 billion meters of printed and dyed fabric, seeing year-on-year rises of 10.14%.

The share of three overheads in turnover of printing and dyeing enterprises above designated size was 7.23%, 0.36 percentage point lower than the same period of 2018. Its ratio of profits to cost was 3.71%, 0.93 percentage point higher than in 2018; sales profit margin was 3.53%, picking up 0.86 percentage point; the turnover rate of finished products was 5.57 times / year, up 16.17% year-on-year; the turnover of account receivable was 2.03 times / year, seeing year-on-year rises of 9.57%; and the total asset turnover was 0.26 times / year, up 2.95% year-on-year.

From January to March of 2019, the main business income of the printing and dyeing enterprises above designated size reached CNY 63.88 billion, up 5.65% year-on-year; their total profits reached CNY 2.25 billion, with year-on-year growth of 39.54%; and their main business cost was CNY 56.17 billion, increased by 4.67% compared with the same period the previous year.

Source: CHINA TEXTILE LEADER Express