Textile Plate: Flowers Blooming In The Storm

Just past August, the "black swan" incident in the capital market was frequent. The global stock market was on the roller coaster, and the commodities were severely shocked, and the market confidence was extremely pessimistic.

The A share market is also stuck in the woods, with the Shanghai composite index down 134.39 points in August, or 4.97%.

However, the textile and garment sector is "static if water stop", the performance of the newspaper is all above expectations or meet the expected impact, only down 1.63%, showing a good defensive.

August global storm hits textiles and clothing shows defense skills

In August, the "black swan" incident occurred frequently, which brought great impact to the markets of all countries, and staged a thriller of "roller coaster".

If the S & P lowered the US rating, Morgan and Citigroup lowered the US economic growth expectation, and the European debt crisis shifted to France, Italy and other core countries, and Deutsche Bank lowered China's economic growth expectations.

Against this background,

In August 8th, the global stock market suffered a "black Monday" crash, and the three major indexes of the United States plunged more than 6%. The Dow fell below 11000 psychological barrier, the German stock market fell 5%, the pan European Dow Jones 600 index fell 4.1%, the French and British stock markets dropped around 4%, and the Hang Seng Index of Hongkong dropped by about 14% on the 7 trading days of August 1st ~9, the largest weekly decline in many years. The Shanghai Composite Index dropped sharply on the August 5th trading day of ~9, and its crash rate was rare for many years.

Compared with the "storm" of the market, the textile and garment sector is still calm.

According to big wisdom trading data, the textile and clothing index ended two consecutive days in August. The index fell 1.63%, or much less than that in the big market (the Shanghai Composite Index fell 4.97% in August). The total turnover of the textile industry was 7 billion 989 million shares, and the contract ratio was 19.61%. (July, 9 billion 938 million shares were traded on the plate), the total amount of pactions was 88 billion 700 million yuan, and the contract ratio was 18.32%.

The shrinkage of textile and garment plates is much more calm than that of the big market.

Industry analysts said, "under the background of the global economic downturn, fund managers' enthusiasm for holding cyclical stocks has declined, and enthusiasm for textile and garment holdings such as defensive sectors, especially big consumption", is on the rise.

In addition, the average price earnings ratio of the textile and garment sector is lower than the historical average and the stock risk is small.

"

According to the latest statistics of CAI Hui, as of the end of August, the overall weighted average price earnings ratio of the textile and garment sector was 26.50 times that of the average textile market, and the average price earnings ratio of cotton spinning companies was only 17.09 times that of the cotton spinning companies. The average price earnings ratio was 17.09 times that of the textile companies.

Half a year's performance won the industry growth champion 12 companies net profit growth more than doubled.

With the disclosure of the semi annual report of Listed Companies in 2011, the profitability of all industries is clear at a glance, and the growth rate of textile and apparel ranks first in all industries, showing the most eye-catching performance.

This has become an important backing for the strong share price of the two tier market.

Specifically, there are 12 textile and apparel listed companies' net profit increased by more than 1 times over the same period.

The realization of Mei Xinda

Judging from the quarterly earnings per share, earnings per share in the first two quarters of this year decreased significantly compared with the fourth quarter of last year.

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"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.

"At present, the overall operation of the industry is in good condition, and will enter the traditional peak season in September, and the overall high level of industry will continue to maintain.

The high growth of the industry will naturally avoid the eyes of the fund.

According to the latest statistics of CAI Hui, in the two quarter, there were 13 shares of textile and apparel stocks, which accounted for more than 5% of the total share capital.

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

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.

Transaction data show that 75 traded stocks in August, a total of 50 to win the market, accounting for 66.67%.

29 of them rose against the market, accounting for 38.67%, while the other 21 stocks, though homeopathic, were successful in winning the market.

Huafang textile, Phoenix Bamboo textile, Hongda hi tech, Meng Jie home textiles, Huamao shares, and China silver velvet industry and other 6 stocks rose, becoming the 6 amazing flowers in August.

Huafang Textile: in August, it rose 22.08%, and the cumulative turnover rate was 107.3%. The turnover was very active. From the volume, the stock traded 14 million 695 thousand and 900 shares in August, compared with 12 million 403 thousand and 100 shares in July, and the volume was 18.49%.

It is worth noting that the stock's performance is not "giving strength". In the first half of the year, the main revenue and net profit decreased by 21.04% and 186.60% respectively, and the accumulated net profit in the first three quarters is expected to continue to suffer losses.

Some analysts say that "lithium" is rising, and it is the best generalization to make it unreasonable.

Phoenix Bamboo Textile: in August, it rose 15.30%, and the cumulative turnover rate was 159.3%. The turnover was very active. From the volume, the stock traded 18 million 839 thousand and 500 shares in August, compared with 16 million 241 thousand and 900 shares in July, and the volume was 15.99%.

Similar to Huafang textile, its net profit fell 96.02% in the first half of the year, and the net profit in the first three quarters is expected to decrease by about 90% compared with the same period last year.

The company has been questioned about its investment in rare earth and gold minerals.

HTC Tech: in August, it rose 12.76%, and the cumulative turnover rate was 41.59%. The trading volume was very active. From the volume, the stock traded 1 million 503 thousand and 200 shares in August, compared with 1 million 59 thousand and 800 shares in July, and the volume was 41.84%.

The stock grew steadily. In the first half of the year, the main revenue and net profit increased by 70.58% and 87% respectively, and the net profit in 1-9 months in 2011 was expected to increase by 50-75%.

Meng Jie home textiles: in August, the total rose 12.38%, the cumulative turnover rate of 33.59%, the paction is very active; from the volume of view, the stock daily turnover of 678 thousand and 400 shares in August, compared with the 612 thousand and 400 shares in July, the volume of 10.78%.

The stock's performance also increased steadily. In the first half of the year, the main revenue and net profit increased by 59.61% and 46.86% respectively, and the net profit of 1-9 months in 2011 increased by 30% to 50%%.

The company's main business has steadily increased, its product structure has been optimized step by step, and its internal management has been continuously strengthened, so that the company's performance has increased over the same period last year.

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Huamao shares: in August, a total increase of 7.18%, the cumulative turnover rate of 43.72%, the paction is very active; from the volume of view, the stock daily turnover of 18 million 746 thousand and 800 shares in August, compared with the 12 million 456 thousand and 900 shares in July, the volume of 50.49%.

In the first half of the year, the main revenue and net profit increased by 35.38% and 469.32% respectively, and the net profit of 1-9 months in 2011 was expected to increase by 30% to 50%%.

The recovery of product prices has increased the profit of main business, and has made a rapid rise in the performance of the company.

BOC cashmere industry: in August, it rose 6.18%, and the cumulative turnover rate was 24.3%. The turnover was very active. In terms of volume, the stock traded 2 million 750 thousand and 800 shares in August, compared with 2 million 209 thousand and 900 shares in July, and the volume was 24.48%.

The growth rate of the stock is also amazing. In the first half of the year, the main revenue and net profit increased by 38.89% and 109.58% respectively, and the net profit in 2011 1-9 months increased 120% to 150%.

The export of cashmere products has entered the peak season, which has increased operating income and profits.