Since The Fourth Quarter, 18 Stocks In The Textile And Garment Sector Have Been Broken.

18 "breaking" textiles

The 400 billion liquidity released by the central bank to reduce the deposit reserve rate has not brought good luck to investors, and the A share market is still declining.

In December 13th, the market opened low and hit a new low of 2245.87 points. In June 2001, it hit the top 2245 points of A shares and reappeared after ten years to achieve zero gains.

The stock market is still in the doldrums. From October this year to more than two months this Tuesday, more than 1600 stocks in the two cities hit a new low this year.

"There are no eggs under the dangerous wall", and 18 stocks in the textile and garment sector are below the issue price.

A careful analysis of breaking stocks is not hard to find. Many of them have such a bitter "frostbite", or because of their own "lack of firepower".

Just 20 trading days, the textile sector "break" increased by 50%.

A shares fall and fall, which is closely related to the overall economic environment.

The adverse factors of the big environment and the downturn of the market also directly led to an increase in "breaking" stocks.

Taking the textile and garment sector as an example, as of December 13th, a total of 18 listed companies fell below the issue price, and only 12 listed companies broke down in November 15th a month ago.

That is to say, in just 20 trading days, with the market falling by 11.11%, the breakage of the textile and garment sector increased by 50%.

The author noted that Jialin Jie's current closing price was 8.84 yuan, compared with the issue price of 10.9 yuan, the stock price negatively deviated from 18.04%, while the stock in November 15th is still deviating from the issue price of 0.51%.

Similar to Jialin Jie, 5 textile and apparel stocks, such as Australian ocean technology, Tong Kun shares, Kaiser shares, Busen shares, and long Zi stock, have also added the trouble of "breaking" in just 20 trading days.

What is particularly noteworthy is that the Semir clothing with the most breakage is currently losing 37.61% of its share price relative to the issue price.

According to the disclosure, the main revenue and net profit of the company increased by 36.64% and 29.12% respectively over the first half of the year, while the main revenue in the first three quarters increased by 30.24% compared with the same period last year, while net profit increased 26.17% over the same period.

That is to say, the main revenue and net profit of the company are double.

According to the analysis of the industry, the market downturn is certainly a big factor of "breaking", but its high price issuance is probably the key to the stock price difficult to support after the listing.

Of course, many stocks lack their own firepower and become the root cause of the "break".

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The 5 stocks fell deeper and the fundamentals were in deep distress.

Jiangsu broad-minded: business performance is squeezed by two ends.

The stock closed at 10.58 yuan as of December 13th. After the resumption of power, the share price was lower than the issue price (the issue price of 20.10 yuan) 6.79 yuan, minus 33.80%.

In the first three quarters, the company's main revenue increased by 27.37% compared to the same period last year, while net profit increased 1.54% over the same period. In the first half of the year, its main revenue and net profit increased by 31.71% and 18.96% respectively.

That is to say, the company's main revenue and net profit have achieved a double drop.

The company disclosed in its annual performance notice that the net profit attributable to shareholders of Listed Companies in 2011 is 5% to 25% higher than that of the same period last year. The reason for the change is that the company's production and operation remained stable in 2011 1~9, and its operating performance was squeezed by two heads of policy and market factors and raw material prices. The gross profit margin decreased significantly, but net Libby increased in the same period last year.

Chen Liang, an analyst at Huatai Securities, analyzed in the latest research report that the gross profit of the company was under pressure, and its net profit increased slightly, and the valuation was higher.

Rongsheng Petrochemical: losing stable source of raw materials

The stock closed at 19.03 yuan as of December 13th. After the resumption of power, the share price was lower than the issue price (the issue price of 53.80 yuan) 15.34 yuan, minus 28.51%.

It is worth noting that in August 14th, the Dalian municipal government decided that PX (p-xylene) producer Fu Jia Dahua immediately stopped and moved.

The industry believes that the PTA enterprises that lose stable raw material sources will be hit.

Located in Dalian, yam Shanda supplies raw materials or breaks down.

At present, PTA has reached 2 million 250 thousand tons (of which 750 thousand tons are put into operation in June this year), and is currently the leading producer of PTA in China. Rongsheng Petrochemical owns 56% of its shares.

Rongsheng Petrochemical owns 58.33% of its total capacity, which is relatively large.

Hua Ding nylon: operating cash flow negative.

The stock closed at 10.28 yuan as of December 13th. After the resumption of power, the share price was lower than the issue price (the issue price of 14 yuan) 3.72 yuan, minus 26.57%.

In 2011, the three quarterly report revealed that compared with the first half of the first three quarters, the main revenue and net profit of the first three quarters showed a double decline, and the cash flow per share was -0.69 yuan.

In the context of lack of money, the company's performance growth declined.

In addition, taking into account the three quarter raw material prices remain high, but the price of products has slipped, and contrary to the first half of the chemical fiber industry high, contrary to the second half of the sharp turn of the market (from the three quarter of the chemical fiber industry, a significant decline in industrial added value can be corroborated), the company's gross margin has a certain degree of decline.

Yu Fu shares: product market prices fluctuate drastically

The stock closed at 8.03 yuan as of December 13th. After the resumption of power, the share price was lower than the issue price (the issue price of 13.50 yuan) 2.99 yuan, minus 22.18%.

In 2011, the three quarterly bulletin disclosed that the net profit attributable to shareholders of Listed Companies in 2011 was increased by -10%~30% over the same period last year. The net profit was 58 million 7 thousand and 800 yuan in the same period last year. The reason for the change is that the investment projects are put into operation, which may add new business benefits and the market price fluctuates violently, which may have an impact on the efficiency of enterprises.

The lack of sufficient utilization of technology by the controlling shareholder will affect the efficiency of the company.

According to the disclosure, the company's net profit in the first half of the year increased by 37.17%, while the net profit growth rate in the first three quarters of this year has dropped to 10.18%.

Thailand shares: gross margin rising trend is limited

The stock ended up to 15.46 yuan at the closing price in December 13th, and the stock price was lower than the issue price (20 yuan) 4.32 yuan, and the negative deviation was 21.59%.

In 2011, the three quarterly report revealed that the net profit attributable to shareholders of Listed Companies in the 2011 year increased by 0% to 20% over the same period last year. The net profit for the same period last year was 37 million 871 thousand and 600 yuan. The main reason for the change was that the price of the main raw material purchased by the company continued to rise and the cost of labor continued to grow.

Due to the failure of land replacement and the expansion of technology centers, the company increased investment in R & D costs, resulting in slower growth in performance.

The company announced in November 25, 2011 that the company increased the proportion of provision for bad debts by age analysis. The accounting estimate changed with the future applicable law, which reduced the net profit of 2011 yuan by 3 million 968 thousand and 400 yuan.