Spinning Enterprises And Gem Are Fading Away?

The A share board is constantly refreshing its low record while the gem index is also on the decline. In December 13th, it fell by more than 2% on a single day.

Accompanied by the cold and cheerless two tier market, this year

The gem has lasted for two years.

Emphasizing the concept of "industry"

Near the end of this year, textile enterprises enter the gem.

The dividing line between textile enterprises and gem is mainly recorded in the guidelines issued by the SFC on the recommendation of further development of gem in March 2010, which requires the recommendation agencies to carefully recommend eight fields, textile and clothing rank first.

"The gem of textile enterprises is mostly located in industrial products, and the textile enterprises listed on the main board of A shares and small and medium-sized boards are mostly inclined to consumer goods.

"Huatai Securities and textile clothing industry analysts said that the current A share capital market" the most "fire" is also home textiles, clothing and other consumer goods.

Observing the textile enterprises that have successfully landed on the gem, we can find that apart from the sports products Pathfinder, three dimensional silk, Amway shares and anothem are all concentrated in the field of industrial textiles.

In the self definition of these enterprises, the concept of "textile" was not emphasized, but the concept of "industry" was emphasized.

At the same time, the major brokerage firms' classification of these enterprises is not included in the textile category.

Shanghai anoits textile chemical Limited by Share Ltd, which supplies new fabrics and personalized dyeing needs, uses disperse dyes, reactive dyes and acid dyes to highlight the development and application of dyestuff products and matching dyeing and finishing processes for new textile fabrics and textile fabrics with special needs. It emphasizes the patent and application level of various characteristic dyes products.

Hongyuan securities, Tian Xiang Gu and debbond securities have listed them in the chemical industry.

Xiamen three dimensional silk environmental protection Limited by Share Ltd is mainly defined as air filter material, liquid filter material, bag filter accessories and industrial textiles, mainly high performance high-temperature filter material for filter felt series and filter bag series.

"Environmental protection" is the biggest selling point of three dimensional silk, with the products in the field of dust removal being involved in the policy oriented environmental protection industry, which has many impact on the gem.

Tian Xiang, Huatai, and Hai Hai securities respectively classified them into chemical, raw materials, chemical and environmental protection industries for value investment analysis.

High grade artificial leather, synthetic leather and raw materials are the trump cards of Amway synthetic leather Limited by Share Ltd, and the PU size of Amway stock.

It has unique functions in terms of water resistance, tear strength, wear resistance, scratch resistance, peel strength and antibacterial properties.

Many companies such as Tian Ying, CSC, Haitong Securities, Hongyuan securities and Everbright Securities have tracked and analyzed the company, which belongs to the chemical and chemical fiber industry.

Take the "planning" ride

After the three industrial textile enterprises entered the gem, the performance growth is not significant, but they still enjoy a better market value and brokerage appraisal. The latest stock prices of anothem, 3D silk and Amway shares are 8.43 yuan / share, 25.5 yuan / share, 16.32 yuan / share, and more than 80% of the securities companies are optimistic about the growth of enterprises.

The heat has obviously overshadowed several industrial listed companies listed on the A stock board and the small and medium-sized board, Taiji industry, Shenma shares and Shenda shares. The three companies' share price is below 10 yuan, and the two companies are only about 5 yuan.

This year, the textile industry, including the industrial textile enterprises, has been on the decline in the growth enterprise market. The analysis of investment circles is internal and external causes: on the one hand, the gem itself is not cold to textile enterprises, highly respected innovative enterprises with high technology content, and once stressed that the textile industry should be a cautious recommendation industry.

Although there are high-end innovators in the field of industrial textiles, the requirements of the gem for patent technology and enterprise net profit index are not low, which directly causes some enterprises in the early stage of growth to be difficult to meet the standards.

On the other hand, the external environment is deteriorating, and the enthusiasm of the gem has been over. In the past, executives have been anxious to reduce their money sharing, which has greatly affected investor sentiment.

The capital market has also entered the stage of forced bubble. The gem high price earnings ratio company has no decent performance growth report, it has been difficult to establish a solid foundation, and has accelerated the confidence of investors.

Gem has a weak opportunity for the textile industry, but under the limited financing channels, it is difficult for the textile industry to choose the "abandoned child" luxuriously.

The more realistic question is, what kind of textile enterprises do the gem prefer? In the early stage of the gem, what is the inspiration from the glimpse of industrial textile enterprises?

Professionals give advice: first, we should weaken the concept of textiles and clothing, and highlight the ability of technological innovation and independent innovation.

In this regard, industrial textile enterprises have unique advantages.

According to the analysis of the investment analysis and Prospect Forecast of China's chemical fiber industry published by CIC 2010-2015 years ago, chemical fiber enterprises in developed countries can produce more than 100 kinds of products each year. In China, research and production such as carbon fiber, aramid fiber, polyphenylene sulfide, ultra-high molecular weight polyethylene and other chemical fiber products are still at the initial stage, and industrial textile enterprises still have large space and potential in the field of "new materials".

Second, from the perspective of long-term development, the core of enterprise decision making in the textile industry should be more forward-looking, policy oriented and comprehensive. For example, the combination of the national "12th Five-Year plan" and the business enterprise is being denounced as "retreat" in some enterprisers who are accustomed to doing their work.

The gem is not suitable for all enterprises to finance. The gem is solely selected to have high-end technology and strong growth textile enterprises.