Textile And Garment Exports Are Still Struggling In September.

1-9 months of this year

Exports increased by 0.54%, reversing the previous two consecutive months of decline.

And the 50 A share listed textile and apparel companies that have disclosed the three quarter earnings forecast report half of the company's performance worries.

According to WIND statistics, according to the SW industry classification standard, as of October 18th, 50 A share listed textile and garment companies disclosed the three quarter performance notice, 25 companies reported bad news, among which Vic essence, Shenzhen textile A, Changshan stock, San Mao Pai Shen, Jin Ying share and Jiangsu sunshine 6 company were the first to lose.

4 "hat" companies were sluggish, and the statistics showed that ST de cotton, ST Coronet A, ST Xinlong, ST Miya 4 companies continued to lose in the three quarter, of which ST median A net profit in the three quarter was about -700 million yuan, ~-500 million yuan, down 42.9%~59.22%.

Data show that net profit is expected to rise year on year, and 28 listed textile and garment companies accounted for 57.14%.

ST German cotton forecast net profit increased by 100%, Thailand shares, Hongda high tech, search special, card NDI Road, cashmere industry, Pathfinder,

Three friends, seven wolves, and other companies, such as the company's net profit forecast increased by more than 50%.

In addition, the performance of 5 companies continued to increase, respectively, namely, Jie Jie shares, Jiangsu broad-minded, Luo Lai home textiles, Jin Feida and Yi Ke technology. The net profit of the forecast increased by 15%, 20%, 15%, 20% and 20% respectively.

In the 50 listed textile and garment companies that have announced the three quarter forecast, Shenzhen textile A has the largest decline in its performance, and its net profit in the third quarter is about -11000 million yuan ~-9000 yuan, down 311%~358% compared with the same period last year.

WIND data show that in addition to Shenzhen textile A, another 5 companies net profit fell by more than 100%, respectively, Vic essence, Jinying shares, San Mao Pai Shen, Changshan shares, Chinese clothing, net profit forecast fell 152.58%, 139.07%, 120.89%, 345.77%, 125.51% respectively.

Performance fell sharply, the two tier market, deep textile A did not fall or rise.

As of the end of 18, Shenzhen textile A rose 1.12%, to close at 6.32 yuan / share.

Victor essence, Golden Eagle shares two companies released the three quarter results announcement on 17, share price, two companies also went against the trend.

Vico yesterday, yesterday's stock price was hit by the announcement of its earnings forecast. The stock trading rose again on the same day. Today, the stock price has gone up again, closing up 1.01%, closing at 5.02 yuan / share. Jin Ying shares opened lower yesterday, and today it has climbed again, closing up 1.07%, closing at 4.72 yuan / share.

The international market continues to slump, and domestic cost advantages weaken. This year, the textile and garment industry is facing severe internal and external challenges.

According to the data released by the General Administration of Customs on 13, 1-9 months in 2012, China's textile and apparel exports totaled 187 billion 114 million US dollars, an increase of 0.54% over the same period last year. The growth rate was 1.24 percentage points higher than that of -0.70% in 1-8 months, reversing the decline of the previous two months.

Among them, the export of textiles was US $71 billion 53 million, an increase of 0.24% over the same period last year, and exports of clothing and accessories reached US $116 billion 61 million, an increase of 0.73% over the same period last year.

Regarding this, fangzheng securities issued a research report that the main reasons for the stabilization of the foreign trade situation were as follows: first, seasonal factors.

Generally speaking, at the end of the year, many foreign trade enterprises have received orders from Europe and the United States, especially Christmas orders, and the overall situation is relatively optimistic.

The two is policy support.

With the continued weakening of external demand and the pressure of import and export, the State Council issued eight measures to stabilize the growth of foreign trade in a timely manner last month, especially covering the most important concerns of foreign trade enterprises.

Export credit insurance, trade financing and other aspects will effectively change the situation that enterprises dare not take over.

The analysis also believed that although the export and domestic demand of textile and garment industry improved slightly in the three quarter, the pressure on the development of textile industry still existed: labor costs and capital costs increased year by year, and energy prices continued to rise.

In the second half of this year, the overall growth of the textile industry will decline sharply compared with the previous year. Many small and medium enterprises will face the risk of being eliminated.