10 Textile And Garment "Strengthening Stocks" Hit A New High

As of April 19th, the main domestic stock index has climbed since the beginning of this year and has set a standard "No.". A shares generally rose, and the strong stories of "strong and strong" were staged frequently. Textile and clothing Listed company Even more so, the sector index has outperformed the big market by 41.03% this year, with 10 stocks showing a record high.

Analysts pointed out that the rebound in the stock market created a huge " Money making effect "It shows that the popularity of the market is still strong, and is conducive to attracting foreign capital to enter the market and participate in the spanaction, so as to promote the continuous active stock market. However, investors should pay close attention to their sustainability and should not blindly pursue high. Only those companies with substantial profits or determinate growth are worth digging deeper.

Prosperity is the biggest logic of supporting strength.

The yield of textile stocks exceeds 4 in the year.

According to the latest statistics of WIND information, as of April 19th, the Shanghai Composite Index has risen 6.8% over the 69 trading days of the year. Textile and garment sector index trend is more strong, the same period rose 9.59%, outperforming the market by 2.79 percentage points. The annual yield of the whole plate is equivalent to 41.03% of the market.

Industry analysts believe that the textile and garment industry "boom" is the biggest logic to support the strength of the plate stocks. The stock market of big consumption sprouted in spring, and related stocks of textile and garment sector were highly concerned by the capital market.

Up to now, a total of 51 textile and apparel listed companies have disclosed the 2010 annual report, of which 44 net profit attributable to shareholders of the parent company has increased year-on-year, accounting for nearly 90%, reflecting a better performance growth trend of the sector.

Huafang textile annual report reveals that the company has achieved the best operating results in history, with a total profit of about 180 million yuan a year. The net profit attributable to the parent company's owners is about 140 million yuan, which is 315 million yuan based on the total shares of the company and equivalent to 0.44 yuan per share. This is the highest earnings per share since the establishment of Huafang textile Limited by Share Ltd.

In addition, 9 companies such as Huamao stock and phoenix bamboo textile have doubled their performance in 2010 and become the most beautiful scenery of A share listed companies. Huamao shares, Phoenix Bamboo textile, *ST source hair and Chinese clothing have increased by more than 40% this year.

According to the first quarter results announcement in 2011, there were 8 companies in the 17 textile and garment companies listed in the announcement of performance forecasts, and 3 companies in the turnaround company, that is, the total number of first quarter performance companies was 11, accounting for 65% of the number of companies predicting earnings. Cashmere industry, Huamao shares, Xinmin technology and Fu Tian shares both showed a continuous increase in the annual report and net profit this year. The two profit cycle of Huamao shares increased by 400% and 1400% respectively.

It is not just the support of performance that makes the textile and apparel stocks strong, but the order of spring and summer will be full, brand promotion and low valuation are all important support for stock price. {page_break}
 

A list of 10 high and new textile stocks this year

In the research report released in mid April, CICC listed five reasons for optimistic about the textile and garment sector: first, the annual average profit growth of the 2010 annual report can reach 34%. The sales growth this year is strong, and the quarterly performance will be even better, with an average of 40%. Two, spring and summer orders will be full, and the US and Semir orders will grow faster than 40% and 60%, respectively. Casual men's wear All of them are above 30%, the order will lock in revenue ahead of time; three, the brand has the ability to raise prices, the cost pressure is completely spanferred to the downstream, profit margins can be maintained or improved; four, the brand clothing valuation is close to or lower than the historical average level; five, the apparel industry listed companies are mostly private enterprises, incentives are in place, and the performance release power is adequate. Most of the company's actual controllers and managers are the largest shareholders, and seven wolves, Mei bang, Semir and fuanna are implementing stock incentive for professional managers team.

Textile enterprises two tier market differentiation is more serious

A high proportion of stock price innovation is flat with A shares.

WIND information data show that excluding the new shares listed this year, comparable 2037 A share stocks have reached a record high of 301 this year, accounting for 14.78%, while 134 stocks have reached a new low, accounting for 6.58%.

The textile and garment industry also has 10 stocks, "strong and strong," which hit a record high in the year, accounting for 13.7%. Another 7 stocks hit a new low, accounting for 9.59%. Obviously, the textile and clothing listed companies are more serious in the two tier market, and the share price has reached a record high level, which is basically the same as that of all A shares. However, the share of low innovation stock is higher than the average level of A shares.

According to observation, the 10 stocks were mostly concentrated in March. Specifically, none of the stocks hit a new high in January, a 0.62% decline in the same period in the same period. In February, Kaiser shares and Xinmin technologies reached a new high, while the same period increased by 4.1% in the same period. In March, 5 stocks, including *ST source, Zhejiang fortune, Keno technology, Phoenix Bamboo textile and Jiangsu Sanyou, hit a record high. The same period only increased 0.79% in the same period. Since April, 3 stocks, including Vico, Mei Xinda and Sanmao Pai Shen, have reached a new high.

It is worth noting that the performance of these stocks with record highs has achieved steady growth in 2010.

Phoenix Bamboo textile

In March 15th, it hit a record high of 13.18 yuan.

In March 15, 2011, it hit a record high of 13.18 yuan. The stock closed at 8.98 yuan in January 25th, the highest increase of 46.77% in just 30 trading days. The 2010 annual report shows that all major financial indicators of the company have reached the best level since the establishment of the company. During the reporting period, the company achieved operating income of 924 million 216 thousand and 500 yuan, an increase of 34.38% over the same period, including 312 million 509 thousand and 200 yuan in export revenue, an increase of 68.61% over the same period last year, and realized a total profit of 112 million 218 thousand yuan, up 375.97% over the same period last year. Net profit was 93 million 572 thousand and 900 yuan, up 401.27% over the same period last year.

*ST source hair

12 days cumulative increase of 79.76%

In March 29, 2011, it hit a record high of 12.16 yuan, which has risen 42.86% this year. The stock market has realized trading in the previous 12 trading days, and the total price has increased 79.76% in 12 days. In December 31, 2010, the company's reorganization plan has been completed. The total business income of the whole year was 630 million 362 thousand and 200 yuan, an increase of 15.20% over the same period last year. Net profit was 851 million 926 thousand yuan, an increase of 319.72% over the same period last year. {page_break}
 

Xinmin Technology

The 13 trading day has risen 40.59%.

In February 18, 2011, it hit a record high of 16.78 yuan, which has risen by only 2.82% this year, but the stock has also "skyrocketed", rising 40.59% in the 13 trading days between January 26th and February 18. 2010 annual report revealed that the net profit attributable to shareholders of listed companies was 137 million 373 thousand and 800 yuan, an increase of 137.86% over the same period last year. The growth of its performance is due to the continuous improvement of the chemical fiber industry boom, the demand for the differentiated fiber polyester filament in the downstream industry is particularly strong, and the gross profit margin of the product has increased substantially. The overall profitability and profitability of the company have been greatly improved.

It is noteworthy that the company's quarterly report performance continued to grow at a high level, and its main revenue and net profit increased by 61.68% and 88.92% respectively over the same period. In the first half of the year, it announced that with the first phase of the construction project of the differentiated fiber polyester filament production line with an annual output of 200 thousand tons, the production capacity of the chemical fiber filament gradually increased, and the net profit in the first half of this year was expected to increase by 60%~90% (2010 yuan in the first half of the year, 46 million 500 thousand yuan).

Vic essence

This year, it has risen 66.11%.

It reached a record high in April 19th, and has risen 66.11% this year. It is the second largest "bull" stock in the textile and garment sector after Hai Xin shares. The company's 2010 annual report revealed that the main revenue and net profit increased by 51.63% and 87.51% respectively compared with the same period. In the first quarter of this year, the results predicted that the net profit of 1~3 months was between 1.2-1.4 billion yuan, with a pre growth rate of 1280.98%.

In addition, in textile and clothing industry, the stock price has reached a record high this year. There are 6 listed companies in Zhejiang, such as Jiangsu, Sanmao, Pao Shen, keno technology, Kaiser shares and Mei Xinda. The common characteristics of these 6 companies are that their performance in 2010 has achieved steady growth.

Analysts pointed out that the current rebound in the market created a huge "money making effect", and is conducive to attracting foreign funds to enter the market to participate in the spanaction, and promote continuous active stocks. However, some stocks, which are already significantly higher in valuation and weak in performance growth, suggest investors to be "far from being able to play". On the contrary, companies with substantial gains or growth with certainty will be worth digging deeper.