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Does anyone know the profit per ton of cotton spinning? thank you
2010 165438+1October 26th, the trend of national cotton seed price and cotton oil price. According to the report of shanghai securities news165438+1October 26th, the cotton futures price nearly doubled in just three months, so raw cotton and raw yarn did more. The company announced today that it plans to invest 600 million yuan to build a 200,000-spindle cotton spinning project in Aksu Textile Industrial Park, Xinjiang, in order to accelerate the pace of extending to the upstream industrial chain of cotton textile. More than 80% of the products processed and produced are raw materials needed by supporting companies. According to the announcement, Haian Lianfa Cotton Spinning Co., Ltd. (Lianfa Cotton Spinning Co., Ltd.), a wholly-owned subsidiary of Lianfa Co., Ltd., signed the Framework Cooperation Agreement of Haian Lianfa Cotton Spinning Co., Ltd. in Aksu on June 24 165438+ Xinjiang. According to the framework agreement, Lianfa Cotton Textile plans to build a new cotton spinning project with 200,000 spindles in Aksu Textile Industrial Park, Xinjiang, with a total investment of 600 million yuan. Overall planning and step-by-step implementation of the project. 50,000 ingots for Phase I, 50,000 ingots for Phase II and 654.38+ million ingots for Phase III. It is planned to complete all the investment of the project in five years. Aksu municipal government promised to provide preferential policies and measures in land, taxation and project approval for Lianfa cotton spinning new project. Lianfa also disclosed that after deliberation by the board of directors, the company plans to use RMB 4,654,388+0.8 million in super-raised funds to expand production capacity, improve marketing network, replenish liquidity and repay bank loans. Specifically, Lianfa will use some super-raised funds to implement high-end yarn-dyed fabric technical transformation projects and marketing network system construction projects. The construction period of the former is expected to be 13 months, and the project capital is 215.358 million yuan, of which the construction investment is 201466,000 yuan and the working capital is 654,388+03.892 million yuan. The project funds are all invested by the listed over-raised funds in stages with the progress of the project. According to the company's forecast, the total profit of the project in normal years is 66.029 million yuan, and the after-tax profit is 49.522 million yuan. After income tax, the financial internal profit rate is 24.56%, the total investment return rate is 27.34%, and the investment payback period includes the construction period of 4.96 years. The construction period of the latter is expected to be 36 months, and it will be put into use while building. The investment in the first year of the construction period is105.6 million yuan, which is planned to be invested by the company in the form of additional registered capital, with the ratio of1:1; In the second year, 43.6 million yuan was invested, in the third year, 49.84 million yuan was invested, and in the fourth year, 3 1.20 million yuan was invested by itself. According to the forecast, after the completion of the project, the annual sales revenue will be 4,665,438+280,000 yuan (including tax), and the total profit of the project will be 9,065,438+200,000 yuan in the first year, 65,438+862,500 yuan in the second year, 32,48110,000 yuan in the third year and 35/kloc-0 in the fourth to sixth years. According to the report of China Business News (165438+1October 26th), "it will be returned sooner or later". Knowing that cotton prices have plummeted recently, several textile factory owners can't help but sigh: "I made money in the first half of the year, and now I have to spit it out." The National Development and Reform Commission (NDRC) issued a document yesterday, pointing out that since165438+1October 12, domestic commodity prices have fallen sharply, with the biggest drop of 23.6% for cotton. The National Development and Reform Commission believes that one of the main reasons for the rapid decline in commodity futures prices is excessive speculation in the previous market. As of165438+1October 18, the recent contract price of cotton in Zhengzhou Commodity Exchange has increased from 13280 yuan/ton at the beginning of the year to about 27 100 yuan/ton, with a cumulative increase of104.00. In the same period, the price of third-grade cotton in stock also rose from12,977 yuan/ton to about 28,500 yuan/ton, with a cumulative increase of 1 19.62%. Compared with the highest price before the crash of about 33,000 yuan/ton, the increase is as high as 1.5 times. However, the price of cotton futures, which soared by 75% in two months, fell in recent trading days, while the price fluctuations of seed cotton and lint cotton were equally fierce, with a drop of about 10% in just one week, and market transactions quickly became deserted from the previous prosperity. The plunge in cotton prices triggered an "earthquake" in the whole textile raw material market, and the prices of polyester, viscose and yarn all fell sharply. At the same time, the plunge in cotton prices means that the high profit margin of cotton mills is coming to an end. According to industry sources, from the perspective of cotton yarn profit, cotton mills began to soar sharply in March this year, and the gross profit margin of some enterprises reached more than 20%, and then fell slightly. But overall, the theoretical profit of cotton yarn of textile enterprises this year was in the best period in history. Pan Haoruo, general manager of Changzhou Wujin Malaysia Airlines Yarn-dyed Co., Ltd. told China Business News: "This year, the profit of cotton mills per ton of cotton yarn can reach 6000~ 10000 yuan, while in the past, the profit per ton 1000~2000 yuan. The cash flow in the hands of cotton mills is very abundant, which is the best period in these decades. Now the price of cotton yarn is beginning to loosen, and it will drop by 500~ 1000 yuan per ton. In another month or two, the market will become clearer. " The secret of this year's cotton mill's profit lies in the large amount of cotton and gauze reserved before the cotton price rose sharply at the beginning of the year. Jiang Peng, securities affairs representative of Hua Fu Color Spinning (002042, Guba) (002042). SZ), told this newspaper that the company bought a lot of cotton this year when the cotton price was low, so it had greater initiative in operation. However, "success also hoards goods, and failure also hoards goods." In a cotton yarn factory in Huai 'an, Jiangsu Province, the normal cotton inventory should be around 4,000 tons. Due to excellent sales this year, the inventory has been reduced to about 65,438+0,000 tons. According to industry insiders, the market faced by cotton spinning enterprises this year is rare for many years. Due to the huge increase in profits, there is almost no finished product inventory, and the gauze inventory of most textile mills is generally within half a month. From June 5438 to this year 10, the average storage days of yarn and cloth in cotton spinning enterprises have dropped to historical lows of 6.82 days and 8.74 days respectively. The cotton mill with the lowest inventory sent a large number of salesmen to buy cotton. According to insiders, when cotton rose to a high of 33,000 yuan per ton, cotton mills bought a large number of cotton. Now the price of cotton has plummeted. The more these factories bought some time ago, the more difficult it became. The money earned in the first half of the year has to be spit out. Pan Haoruo believes that the sharp rise in domestic cotton and cotton yarn prices has accelerated the transfer of orders from the textile and garment industry to countries such as Vietnam and India. It turned out that garment enterprises moved out, and now more and more textile enterprises join the transfer team, which will reduce the demand for domestic cotton yarn. At present, the cotton mill has lowered the ex-factory price of cotton yarn, but the decline is not big. Due to abundant cash, some cotton mills are still struggling. If the orders from overseas markets such as the United States to China are greatly reduced in June and February next year, it is estimated that the price of cotton yarn will be lower. Original address;