Textile And Clothing: Seek Appropriate Attack And Defend White Horse Stocks

According to today's investment online analysts, the profit forecast data of more than 4000 analysts from nearly 100 brokerages research institutes in China have statistics. Last week, 25 industries in the top half of the composite profit forecast were relatively dispersed. Among them, 3 were selected for textiles, clothing and retail, 2 of which were food production and processing, and real estate. Metal And mining, electronic equipment and instruments, electrical equipment and other industries. This period we will comment on the textile and apparel industry.

From the data released by the listed companies in the interim results announcement in 2011, the apparel industry maintained a good growth in the first half of the year, except for sports sub sectors. brand The company's volume and price increase, gross profit margin improved, net profit average growth rate can exceed 40%. Operating profit growth of more than 40% has fuanna, Luo Lai home textiles, news birds, nine Mu Wang, Mei Bang clothing, PhD frog (Hong Kong stock); more than 30% of the dream home textiles, seven wolves, clothing, Lu Tai A, Li Lang (Hong Kong stock). The growth of pre tax profits of HK (HK shares) over 30% above the high base is excellent. (HK shares) and China Trends (Hong Kong stocks) showed a year-on-year decline, mainly due to leisure and fashion Brand substitution effect.

CICC believes that for the garment industry, the order status of the quarterly order can reflect the performance of the company in a larger extent, so that we have an important reference index and verification standard for the performance prediction of such enterprises, so as to enhance the profitability of the company. From the comparison of the order statistics and performance growth data, we can see that in the second half of 2011, the growth of orders for home textiles, casual wear and casual men's wear was good. Among them, the home textile industry orders growth rate is more than 50%, business casual men's clothing industry seven wolves, nine Mu Wang, Li Lang orders grew by more than 30% year-on-year, the leisure apparel industry in the United States and apparel and clothing have more than 20% growth. Under the support of good orders, the choice of investment targets can be concerned with the companies whose brand performance is above 30%, and the valuation is more reasonable.

It is worth mentioning that at present, the 328 level of China's cotton price index has fallen below 22000 yuan, and the US cotton futures have fallen to 100 cents, and the market has begun to anticipate the underpinning role of the 19800 purchase and storage price. The sharp fall in cotton prices shows that exports are not booming in the second half of the year, indicating that the investment opportunities of viscose and cotton spinning related stocks will come and bring opportunities for the long-term development of textile and garment retail enterprises.

State Securities pointed out that the market value of China Daily achievement When the sensitivity of growth is high, under the background of the current macro policy intensive period, we believe that the textile and garment sector will continue to attack and defend the trend. That is to say, the investment strategy based on the pursuit of definite earnings is the main concern, and the performance of the newspaper is more than expected. In addition, stock incentive and other theme elements will trigger the related stock market. In terms of investment direction, it is suggested to configure white horse stocks such as seven wolves and so on.