The Price Of Raw Materials Depreciate &Nbsp, And The Clothing Industry Is Favored By The Fund And So On.

The clothing industry has also entered Wang Yawei's vision.

Wang Yawei, the helm of the "one brother" at the helm of the public offering, announced the latest ten top heavy positions, and the 600107 of the clothing industry entered the company. This is the first time Wang Yawei has set foot in the textile and garment industry in the past two years.

Boom in production and marketing

Statistics from the National Bureau of statistics show that in the first half of this year, investment growth in the field of chemical fiber and clothing was among the top 60 small businesses.

According to the National Bureau of statistics, in the fixed asset investment situation of various industries (1~6 months in 2011), the investment in chemical and chemical fiber manufacturing industry was 30 billion 280 million yuan, an increase of 53.3% over the same period last year, ranking second in all industries.

And textile and clothing, shoes and hats manufacturing industry ranked fifth, 96 billion 445 million yuan, an increase of 42.3% over the same period.

On the other side of the market, the demand for textile and clothing also increased by two digits.

The National Bureau of Statistics announced that market sales increased steadily in the first half of this year.

In the context of inflation, the price rise of textile and garment products has become inevitable.

Everbright Securities (601788) analyst Li Jie believes that "price increases have already appeared in the clothing industry."

The core value of textile and garment industry is mainly in brand clothing and home textiles.

The price of brand clothing rose at the beginning of this year, and the range was generally between 10% and 20%.

Subsequently, reporters contacted the Fujian seven wolves (002029) industrial Limited by Share Ltd brand center, confirmed the price of clothing products.

Related departments of the Department said to investor newspaper that the price rise of the clothing industry at the terminal sale and order meeting is now an industry situation. For example, Li Lang, Hinur (002485) and nine Mu Wang (601566) have all raised their prices.

The order of seven wolves will be in March and September this year, and the price of the company's products has been raised in March this year.

Raw material price

While the price of the clothing industry is raised, the cost of the industry is likely to fall, as prices of cotton and some chemical materials have fallen back in the near future.

Investor newspaper interviewed the relevant persons of China Cotton Association and obtained relevant information about cotton price index.

According to the statistics of China Cotton Association, China's cotton price index has dropped from 31000 yuan / ton in March 10th to 20000 yuan / ton in July 29th, or more than 30%.

China Cotton Association official told reporters that because of weather reasons for cotton production this year can not be determined, but it is certain that this year's cotton planting area compared with last year has increased by 5.2%.

The data of the Zhengzhou mercantile exchange show that since the middle of March, cotton 1201, 1109 and two main futures contracts have also been in a weak downward trend for five months. Many Futures Company, such as Hongyuan futures and Shanghai mid-term, also said they would continue to empty cotton.

In addition, the price of PTA, one of the main raw materials for making garments, has also been declining in recent months.

The performance of PTA's main contract 201 on the Zhengzhou Mercantile Exchange fell from 12000/ tons in mid February to 9500 yuan / ton at the end of July, with a drop of more than 20%.

The lower cost of upstream cost will bring benefits to the garment enterprises with terminal pricing power. On the contrary, textile enterprises will be more difficult.

According to analyst Li Jie, the gross profit margin of the textile and garment industry as an upstream textile enterprise is around 10%, and its profit margin is between 3% and 5%, mainly relying on scale production.

The profit of upstream textile enterprises is much worse than that of garments and home textiles.

And the downstream manufacturing cost of brand clothing enterprises is between 10% and 30%, so the increase of terminal will have a great impact on profits.

On the other hand, considering whether terminal sales will decrease as the cost decreases, thereby reducing the profit margins, the relevant brands of the leading brands of brand clothing, the seven wolf brand center, have given a negative reply.

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The above seven wolves brand center people told reporters, "the price of products will not change because of some temporary circumstances, so it will not lower the price because of the cost reduction."

Outstanding achievements, institutional concerns

The clothing industry has attracted the attention of many organizations because of the price increase of products and the decline of raw material prices.

Everbright Securities, Anxin securities, GF Securities (000776), CITIC Securities (600030), state securities (600109) and other brokerages in June and July issued a number of research reports on clothing and textile industry to give value evaluation.

Everbright Securities and GF Securities are 10 consecutive buy ratings in 27 days.

In addition, a number of agencies in the two quarter also increased clothing, home textiles and other Brand Company.

The first circulation shareholders of the seven wolves remain unchanged. The second major shareholders of circulation, GF, preferred (AI, net value, information) held 9 million 490 thousand shares in the first quarter and increased to 9 million 790 thousand shares in the two quarter.

Another example is the merchants' credit bond type securities investment fund, which recently bought 3 million 340 thousand shares, and bought Lukang Technology (601599) 370 thousand shares.

And the 002293 largest circulation shareholder of the company is 2 million 80 thousand shares in the first quarter and 2 million 680 thousand shares in the two quarter.

For the Core Company, represented by brand clothing and home textiles in the textile and garment industry, investor magazine has conducted financial screening in 88 companies engaged in textile and garment industry.

Based on the company's asset operation capability and profitability, we selected 6 excellent companies according to the gross profit margin.

The net assets yield of these companies is higher than 10%. In 2010, the net profit attributable to parent companies increased by more than 20%, and the lowest sales gross margin was not less than 35%.

Among them, the net profit of seven wolves is the most stable.

The company listed on the Shenzhen stock exchange in 2004. Its net profit has increased by more than 30% over the past six years. The debt rate has only reached 35%, and the debt rate was 31% in 2010.

According to the data research department of investor magazine, 14 brokerages gave a forecast of earnings per share in 2011, the highest being 1.51 yuan of Shanghai securities, the lowest being 1.28 yuan of Changjiang Securities (000783), with an average earnings of 1.34 yuan per share.

Fuanna (002327) has great potential for growth.

In July 6, 2011, the board of directors decided to carry out equity incentive for 166 people, and the total number of stock options was 2 million 335 thousand.

The company now has more than 1200 outlets throughout the country. According to the official website, the key investment areas are mainly arranged in Beijing, Tianjin, Shanghai, Chongqing and Shenzhen with brand consumption ability.

On the market side, the price of the six companies is far ahead of the market.

Shenzhen's index has been bouncing back since June 20th, up to 32 days in August 2nd, or 5%.

The seven wolves rose 15% in 32 days, 002154 in the wedding birds, 13.6% in the family, 14.8% in the home textiles, 22% in the Pathfinder (300005), 24% in fuanna and 30% in the nine Mu Wang.