Only 5 Of 54 Textile And Garment Companies Are Expected To Lose 40 Million Yuan In Advance Of Changshan'S Shares.

In recent two years, our country's

First experienced the cotton price "roller coaster", and then faced with the pressure of RMB appreciation, and the most important thing for textile enterprises is the rising cost of labor. The cost of spinning enterprises is rising continuously due to various factors, and the profit margins of textile enterprises are also constantly compressed.

According to flush iFinD statistics, as of July 16th, 54 textile and apparel listed companies issued early warning.

Among them, only 5 companies increased in advance; 23 companies slightly increased; 6 companies slightly reduced; 4 companies pre reduced; 6 companies lost the first time; 9 companies continued losses and 1 companies lost their profits.

Textile industry does not increase profits

The current textile industry has seen the situation of increasing profits without increasing profits. In the face of the growth of the main business, the main reason for the loss of net profit is high cost.

According to flush iFinD statistics, 26 companies in the 54 companies that announced the early warning were negative.

Among them, Changshan shares temporarily lost the first place. The first half of the company is expected to suffer the first loss, net profit loss of 40 million yuan, down 318.18% from the same period last year.

In explaining the causes of losses, Changshan shares said that due to the weak international demand, the sluggish domestic demand, the increase of domestic and international cotton price differentials and the increasing cost of elements, the cost of textile products increased and the selling price dropped significantly compared with the same period last year, resulting in a decline in profitability and a loss in the main business of the company.

In addition, statistics show that the net profit of ST road B, Shenzhen textile A, Shenzhen textile B, Chinese clothing, ST Rey B, Vico essence and Huarun Jinhua is expected to decline by more than 100%, and the decline ranges from 224.02% to 183.52%, 217.41% to 186.52%, 217.41% to 186.52%, 217.02% to 200.34%, 193.45%, 126.65%, 126.65% to 126.65%.

As for the loss of the China Daily, a reporter interviewed a company listed on the textile industry, a securities department official said that the wages of the employees rose too fast in the last two years, which greatly increased the cost of the company.

In addition, the fluctuation of cotton prices and the rising of RMB are also further reducing the profit margins of textile enterprises.

"The main business revenue of the textile business last year's annual report is rising, but net profit is still losing money."

Low cotton price

For the loss of the textile industry, insiders pointed out that cotton prices were low and high.

According to the monthly report of China cotton textile enterprise production analysis released by the China Cotton Association in May, the domestic textile raw material market continued to decline in May, and the decline was larger than that in April. The number of enterprise purchases decreased by 9.8% compared with that in April, and the number of raw material procurement decreased. However, the number of imported cotton increased significantly from the price advantage, and the number of purchases increased significantly, with an increase of 42.5%.

Ma Junkai, Deputy Secretary General of Shandong Dezhou Cotton Association, said that all cotton textile enterprises using cotton as raw material are in a state of loss.

At the same time, the use of cotton and chemical fiber mixed textile enterprises, is in between micro deficit and small profits.

The new fiber enterprises, which do not use all cotton chemical fibers, have made profits, but their profitability has dropped significantly over the past few years.

According to statistics, there are 8 cotton textile listed companies, of which 3 companies have slightly reduced net profit; 1 companies have continued losses; and 4 companies have slightly increased.

In the first half of this year, ST lost its net profit and lost 12 million yuan to 8 million yuan.

In addition, the 3 companies of Fu Ye group, Luen FA share and Luo Lai home textile (60, -3.66, -5.75%) are declining in performance. The decline ranges from 40% to 10%, from 40% to 0%, and net profit from 113 million 700 thousand yuan to 162 million 430 thousand yuan, with a decrease of 30% to 0%.

In addition, there is a risk of negative growth even in 4 slightly increased companies.

Among them, the growth of public and net profit is -20.00% to 10%, and the net profit growth rate of Xinye textile is -10.00% to 10%.

In the above cotton textile companies, only the net profit growth of fuanna and Meng Jie home textiles ranges from 0 to 30%, a slight increase.

Brand clothing has become a "treasure bowl".

Compared with the decline in the performance of the textile industry and cotton textile industry, the listed companies with brand clothing are much more relaxed and the performance growth is more gratifying.

According to flush iFinD statistics, in the 54 textile and apparel listed companies that issued early warning, only

The 5 companies, including cnndi Road, Hongda hi tech, cashmere, and Thailand, reached a pre growth of net profit of 30% to 60%, an increase of 50% to 60%, a net profit of 47 million 360 thousand yuan to 56 million 830 thousand yuan, an increase of 50% to 80%, and a net profit of 130 million yuan to 140 million yuan, an increase of 140 million to 80%.

In addition to the above 5 increase, 23 companies in 2012 reported a slight increase in early warning.

Among them, there are 4 companies with a net profit growth rate of up to 50%, mainly in the clothing industry.

Shenyin Wanguo analysis, China Daily pays more attention to brand clothing.

Forecast in the newspaper

Growth rate is more robust, home textiles needs to pick up in the second half of the year.

In the first half of this year, the external demand and the decline in orders caused the export of textile manufacturing enterprises to shrink. It is expected that the textile industry's fundamental improvement and the policy adjustment effect will take some time.

According to statistics, the growth rate of 2012-01-01 to 2012-06-30 is 30% to 50%, while the net profit of the company has reached 65 million 459 thousand and 300 yuan in the same period last year.

In addition, the net profit growth of seven wolves, Pathfinder and long Zi shares reached a maximum of 50%.