Inventory Turnover Has Dropped Rapidly, And Clothing Companies Have Been Frustrated Repeatedly.
Inland
clothing
Enterprises to become A shares this year IPO (initial public offering) applications
Upper Conference
The worst hit area.
According to statistics, this year, a total of 11 clothing enterprises IPO applications, 6 of which were not, the rate of only 45%.
An investment bank of Ping An Securities believes that the rapid decline in inventory turnover or the risk of sales and finance is one of the important reasons for the IPO application this year.
The investment bank further explained that the cost of clothing enterprises in the mainland has increased substantially since last year.
In order to ease the upward pressure on costs, the enterprises began to substantially increase the selling price of products, which rose by about 10% to 20%. This led to a sharp increase in the inventory of garment enterprises which were too interested in gross profit margins, and a substantial decline in inventory turnover, which concealed larger sales risks, and continued profitability was affected.
This year, IPO applications have no clothing enterprises basically exist such problems.
Facts have proved that the rapid decline of inventory turnover has a great impact on the stable operation of enterprises.
On the other hand, the mainland
Garment industry
Competition is very fierce and industry entry threshold is also low. Therefore, whether or not it has strong core competitiveness determines the listing prospect of clothing enterprises to a certain extent.
Haitong Securities, an investment bank, suggested that R & D and design
Marketing
Channel construction is the two core competitiveness of garment enterprises. On the one hand, the listed apparel enterprises should increase investment in R & D design, and on the other hand, they should increase the average sales volume and sales ability of single stores (sales outlets).
However, the low passing rate did not affect the IPO enthusiasm of such enterprises.
It is reported that many garment enterprises have submitted A share IPO application, and are queuing up for review.
- Related reading
China Has Become A New Engine Of Global Trade Growth, &Nbsp, And A Strong Trading Power.
|Xi'An Contemporary Art Hall &Nbsp; Textile City Art District In A Low-Key Gorgeous Turn.
|
Sandwich Brand Lining: Four Step &Nbsp; "Sandwich" Is Not Affected By Splint.
|- I want to break the news. | "Elf Treasure Dream" X BABY-G New Joint List Will Be On The Shelves, Pickup Pickup Card.
- Market trend | Fashion Boom: Textile And Garment Industry May Usher In A New Growth Point.
- Market prospect | What Is The Cost Of "Vietnam Textile" PK "China Textile"?
- I want to break the news. | Life Skills: Four Commonly Used Methods For Fabric Anti Pilling Test
- Shoe Express | The New X Junya Watanabe Joint 990V5 Shoes Section Is Now On Sale.
- Bullshit | WTAPS X Herschel Supply Joint Bag Series Released, Military Camouflage Wind
- Fashion makeup | 頁面不存在_百度搜索
- Fashion shoes | Retro Running Shoes ASICSTIGER Brings New Works Frequently.
- Domestic data | Data Report: Briefing On The Economic Performance Of The Garment Industry In 1-8 2019
- Bullshit | UNDEFEATED X Verdy New Joint Notes Series Debut!
- Import And Export Trade Between France And New Asian Countries In The First 9 Months
- 2012 China ASEAN International Sporting Goods Expo Four Exhibition Areas Are Distinguished.
- The Best Men'S Wear Starts With &Nbsp, And The Men'S Fabric Brand.
- Group Buying Industry, The Great Leap Forward Era Ends Completely, 1017 Websites Shut Down
- The Shaanxi Textile Association And The Provincial Textile And Tobacco Trade Union Established A Joint Meeting System.
- The Opening Of Christmas Shopping Season Is Expected To Boost American Retail Industry To Boost Employment Prospects.
- Us Traditional Retailers Free Shipping To Deal With Amazon Challenge
- Lack Of Qualified Personnel And Bottleneck Of Textile Industry Transfer To Xinjiang
- The Fifth China Textile Economic Forum Was Held In December.
- US Consumer Growth Is Slowing And Consumer Spending Is At Risk.