The Overall Performance Of The Textile And Garment Industry Has Been Slightly Warmer.

　 　 Spin clothing The industry's overall performance in the third quarter has been slightly warmer, though faced with severe internal and external challenges. Statistics show that as of 24, has announced three quarterly textile and apparel industry Listed company There are 29, of which 16 companies accounted for third quarter net profit attributable to shareholders of listed companies to achieve positive growth, accounting for 55%, net profit loss only 3 enterprises.

Orient Securities research report pointed out that the current third quarter textile manufacturing listed companies declined slightly in performance, brand Clothes & Accessories Although earnings and earnings growth of listed companies are generally not as good as the first half of the year, net profit growth is still expected to be higher than revenue growth.

stay Clothing enterprise Behind the good growth of net profit, the sales market is still in the doldrums. The inventory problem of garment enterprises is particularly prominent. According to China Securities Journal reporter statistics found that the textile and garment industry listed companies in the three quarter of the stock price continued to increase.

　 Performance has improved

Statistics show that Shenyang Wanguo textile and apparel A shares listed companies, 55 disclosed three quarter earnings forecasts, expected net profit rose 28 textile and garment companies, accounting for 57.14%. Another 25 companies reported

Worry. Among them * ST Far East Net profit is about 8 million yuan, net profit is expected to increase by 110%. Thailand shares , Search for special , Hongda shares , Canal Road , BOC cashmere industry 9 companies predicted net profit growth of more than 50% over the same period last year.

Orient Securities research report pointed out that although the PMI index of domestic textile industry is still below 50 in the three quarter, and there is no obvious improvement trend, considering the low base last year, and the high cost raw material inventory of manufacturing enterprises gradually digested, the textile manufacturing industry will be slightly better than the first half of the year in the second half of the year.

　　 Textile manufacturing industry Old enterprise San Mao Pai Shen (000779) the three quarterly report shows that the company achieved 70 million 132 thousand and 900 yuan in operating income in 7-9 months, down 1.98% compared with the same period last year. The net loss attributable to shareholders of listed companies was 1 million 530 thousand and 800 yuan, down 104.46% compared with the same period last year. Net profit loss in the first three quarters was 4 million 358 thousand and 800 yuan, down by 115.7% over the same period. The company said it was affected by the first three quarters of this year. Macro economy In the second half of the year, the contract orders were greatly reduced and the cost of products increased. However, at the end of the three quarter, the main business profits of the company decreased year-on-year.

Unlike textile manufacturing companies, the growth rate of brand listed companies generally slowed down in the third quarter, but most Brand Company still maintained a net profit growth rate exceeding the growth rate of revenue in the third quarter. From the 7-8 industry retail data and the terminal survey of some brand listed companies, the three quarter still lingers at the bottom, which has not improved significantly compared with the first half of the year. However, the total retail sales of consumer goods rose just 14.2% in September, and the increase was better than expected.

The three quarter outstanding performance (002503) financial report shows that the company achieved 1 billion 112 million yuan in revenue in 1-9 months, an increase of 49.27% compared with the same period last year. The net profit attributable to shareholders of listed companies was 176 million yuan, an increase of 53.81% over the same period, and 447 million yuan in the third quarter. The company said that the company's marketing network expanded rapidly, and the number, size and quality of the franchised store increased steadily. According to the company's order in autumn and winter 2012, the performance in the first three quarters increased considerably compared with the same period last year. CIC believes that the company's revenue growth is mainly driven by extension. It expects to set up nearly 200 stores in the first three quarters. However, the autumn and winter products of the company have not been raised, and sales of products are mainly based on volume.

　 Inventory problems outstanding

This year, the textile and garment industry continues to maintain a grim market situation since last year. The domestic market and export situation has not yet improved, and the backlog problem of clothing enterprises has been gradually highlighted in the depressed market.

Statistics show that in the first half of 2012, the total inventory items of the 35 listed companies in the clothing and textile industry amounted to 46 billion 480 million yuan, representing an increase of 3 billion 680 million yuan over the same period last year. Among them, the largest inventories are Youngor In the first half of the year, the inventory amounted to 23 billion 872 million yuan. Red bean stock , Inter China Group Followed by 3 billion 844 million yuan and 3 billion 431 million yuan respectively. China Securities Journal reporter statistics found that 35 companies inventory merchandise backlog increased in volume, the total amount of more than 14 billion 100 million yuan, an increase of 5 billion 720 million yuan over the same period last year, an increase of 40% over the same period last year.

According to incomplete statistics, the inventory amount of garment enterprises has been increased, and the turnover rate of the clothing enterprises has generally declined in the three quarter results report. Lancy , Pathfinder , Sino The turnover rate decreased significantly.

"High inventory mainly affects the capital turnover of enterprises. The higher the inventory is, the more money is deposited. The more capital turnover is, the more difficult it is. This will inevitably affect the business activities of enterprises. The first textile net Wang said in an interview with the China Securities Journal reporter.

　　 Clothing industry dealers Also said that in recent 10 years, this year is the most stressful year, even in the financial crisis, franchisees have not so much pressure this year.

However, just released the National Bureau of statistics data show that in September textile and garment export growth significantly improved. Analysts expect the fourth quarter garment export growth and domestic sales growth is expected to improve, the apparel industry expects the four quarter of high inventory will slow down.