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The Fund Has Become A "Clothing Crazie".

2011/9/5 11:10:00 51

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With the development of new industries in the world, textile

clothing

Representatives of traditional industries have faced enormous challenges. However, reporters through the listed companies and funds semi annual report found that the A share of the textile and garment sector has not been abandoned, but has repeatedly become the fund "sweeps" objects, including Semir clothing, Mei Er, yi Ke technology, Dayang creation and other stocks in the two quarter have been substantially increased by the fund, and seven wolves, Meng Jie home textiles and other stocks continue to be firmly supported by the fund.

Fund sweep

The downturn in European and American economies has made the textile and garment sector of A shares a hot potato. But in the first half of the year, the industry has not been as cool as expected.

According to the data collected by the financial and exchange information, according to the statistics, there were 13 in the two quarter.

Spin

The proportion of fund positions in clothing stocks is more than 5%.

In the two quarter, there were 16 stocks in the fund's holdings, of which the list of shareholders was the most spectacular. The company's share position increased by 4.84 percentage points in the two quarter, including the Huaxia stock market, Huaxia dividend, China strategy and Huaxia flourishing 4 Huaxia Fund.

There are 6 funds holding Semir clothing, among which two funds of ICBC Credit Suisse and Huaxia Fund have bought heavily in the two quarter.

Other holdings are larger and there are companies like wedding birds, Pathfinder and Dayang creation.

In the two quarter, the fund has increased its holdings of 8 million 504 thousand shares in the two tier market, and its share of the total share capital has reached 1.48%.

In addition, many stocks were firmly held by the fund in the two quarter, including the largest proportion of seven wolves in the fund position, which reached 16.94%. In the two quarter, the fund not only did not reduce its holdings, but increased 1 million 226 thousand shares. In addition, there were more than 10% positions in the fund of dream home textiles and wedding birds.

However, in the first quarter of this sector, there are 23 stocks in the fund. There are still Weixing shares and Hong Kong shares reduced by the fund, while the ten largest circulation shareholders of Shanshan stock and YOUNGOR have not seen the figure of the fund.

Strong performance growth

Although labor costs and raw material prices have increased significantly, the profitability of A shares listed companies is still increasing substantially.

According to the data of financial and exchange information, there are 7 households in shwan industry.

clothing

The net profit of listed companies increased by more than 1 times over the same period.

Among them, the first half of the United States apparel net profit of 376 million yuan, the basic earnings per share increased by 825%.

The company said that its performance growth was benefited from the enhancement of product competitiveness, and the terminal retail management capability of direct and franchisees continued to increase, and the number of terminal stores grew steadily. At the same time, the gross profit margin of the company's main business reached 47%, up 4 percentage points from the same period last year.

And another brand clothing company seven wolves also because the terminal sales situation is good, basic earnings per share gain 41.7% increase.

Other brands such as YOUNGOR, Semir apparel, and Sha Sha shares have achieved a larger net profit growth rate.

"When the economic situation is uncertain, and the domestic demand for slowdown is more worrying, it will highlight the relative value of the textile and garment sector."

Guoxin Securities recently released the latest research report that "equity incentives, asset restructuring, shareholder release and other theme factors will bring about the relevant stock market."

And the two tier market, many brands of clothing

Home textiles

In August, the stock market performed well, except for the listed shares in August 30th. Meng Jie home textile rose to 12.38%. Other 20 stocks, such as YOUNGOR, nine Mu Wang, Hinur and soutt, rose by more than 4% in the same month, while the Shanghai Composite Index fell 4.97% during the same period.

However, GF Securities Research Report believes that due to the recent cotton price "drop and fall", and the textile enterprises early stage hoarding of relatively high price raw materials, it will face the embarrassing situation of high cost and low factory price, gross profit margin in the three quarter is expected to be low throughout the year.

Therefore, we should pay attention to the four quarter downstream replenishment inventory to bring the gross profit margin rebounded.