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    Zhejiang Changshan Textile And Garment Company Is Expected To Lose Money.

    2012/7/17 9:05:00 42

    Changshan Textile ClothingClothing CompanyChangshanZhejiangCotton

    The stock market department of a listed company, a textile enterprise, told reporters that although the main income of the textile company increased, its net profit was a loss.


    In recent two years, our country's

    textile industry

    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 (300033, stock bar) iFinD statistics, as of July 16th, 54 homes

    Textile and clothing

    Listed companies release 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 the iFinD statistics of flush, 26 of the 54 companies that announced the early warning of the newspaper reported that the lower limit of net profit growth was negative.

    Among them, Changshan shares (000158, shares) temporarily live in the first place, the first half of the company is expected to lose first, net profit loss of about 40 million yuan, a decrease of 318.18% over the same period last year.


    Changshan shares explained why losses were due to weak international demand and sluggish domestic demand, both at home and abroad.

    cotton

    The increase of price differentials and the increase of cost of elements and other unfavorable factors make the cost of textile products increase, while the selling price decreases significantly and profitability decreases.


    In addition, statistics show that the net profit of ST road B, Shenzhen textile A, Shenzhen textile B, Chinese clothing (000902, stock bar), ST Lei Yi B, Vico essence (600152, stock bar) and Hua Runjinhua (000810, stock bar) are expected to decrease 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 217.02%, about 80%, and from 0 to 217.41%, respectively.


    As for the loss of the China Daily, a reporter interviewed a reporter for the textile industry listed company. He told reporters that the wages of the company went up 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, such as the 002083 shares, the 002394 shares, and the home textile (002293, stock bar), are 3, and the decline ranges from 40% to 10%. 40% to 0% and net profit 113 million 700 thousand yuan to 162 million 430 thousand yuan, the decline is 30% to 30%.


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

    Among them, the net profit growth of Zhonghe shares (002070 shares) is -20.00% to 10%, and the net profit growth rate of Xinye textile (002087, stock bar) is -10.00% to 10%.


    In the above cotton textile companies, only fuanna (002327, stock bar) and Meng Jie home textile (002397, stock bar) net profit growth range 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 5 companies, including reporting birds, card Nu Di Road (002656, stock bar), Hongda hi tech (002144, stock bar), cashmere industry (000982, stock bar), and Tai Ya stock (002517, stock bar), have reached a pre growth rate of net profit of 30% to 60%, an increase of 50% to 60%, a net profit of 47 million 360 thousand yuan to a 47 million 360 thousand yuan, an increase of 50% to 60% yuan, a net profit of RMB to RMB yuan, an increase of from 0 to 0 yuan, and a net profit of RMB to RMB yuan, with an increase of from 0 to 0.


    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.

    It is expected that men's clothing will grow more robust in the report, and home textile 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%, and 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 rate of seven wolves, Pathfinder (300005, stock bar) and long Zi stock (002612, stock bar) is 50%.

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