Whether Stocks Can Return To Normal Depends On The Speed Of Economic Growth.

< p > 2012, < a href= "http://www.91se91.com/news/index_c.asp" > textile and garment industry < /a > is still in the stage of elimination of inventory, although many textile and garment enterprises are controlling high inventory, but the digestion of stock is not ideal.

< /p >

< p > statistics show that as of April 17th, the textile and garment industry has published 50 annual reports in 2012, with a total inventory of about 57 billion yuan.

Compared with 2011, the total inventory of the 50 companies increased by 3 billion 609 million yuan, representing an increase of 6.76% over the same period of 53 billion 373 million.

< /p >

< p > Zhu Qinghua, a light industry researcher at CIC, "a href=" http://www.91se91.com/pioneer/ > "/a", told reporters: "whether stocks can return to normal or not depends on the speed of economic growth."

< /p >

< p > < strong > 8 companies inventory exceeds 1 billion yuan < /strong > < /p >.

< p > according to statistics, of the 50 companies mentioned above, 8 companies had more than 1 billion yuan in inventory in 2012.

Among them, YOUNGOR (7.55,0.00,0.00%) stock is 23 billion 473 million yuan; Black Peony (5.86, -0.05, -0.85%) inventory is 4 billion 566 million yuan; red bean stock (3.93, -0.03, -0.76%) inventory is 4 billion 270 million yuan.

< /p >

< p > in addition, the inventory of China silver, 8.69,0.17,2.00%, Dayang (11.64, -0.13, -1.10%), Huafu color spinning (4.28, -0.01, -0.23%) and Mei Bang dress (10.78, -0.04, -0.37%) in 2012 exceeded 2 billion yuan.

The inventory of A (7.75, -0.13, -1.65%) and Saturday (5.87, -0.19, -3.14%) in 2012 exceeded 1 billion yuan.

< /p >

< p > from above, the textile and garment enterprises in 2012 < a href= "http://www.91se91.com/news/index_h.asp" > inventory < /a > high.

However, some of the textile and clothing companies operating the real estate business told reporters that the high stock of the company was not caused by the clothing business, but caused by the real estate business.

< /p >

< p > YOUNGOR executives told reporters that the company's inventory is mainly due to the high inventory of real estate business.

According to the YOUNGOR annual report, in 2012, the highest inventory item was the development cost project, amounting to 15 billion 10 million yuan, accounting for 63.67% of the total inventory of the company.

Secondly, the inventory of products developed by the company is as high as 5 billion 532 million yuan, accounting for 23.47% of the total inventory of the company.

All these items are generated by the company's real estate business.

< /p >

< p > besides YOUNGOR's high inventory of real estate business, the responsible person of red bean shares also told reporters that the company's high inventory is due to the relationship between the real estate business.

< /p >

< p > strong > export volume is the key to inventory, < /strong > /p >

< p > according to statistics, in 2012, the above 50 textile and garment industry listed companies were preparing for the inventory items, which amounted to 1 billion 110 million yuan.

Among them, the leading group shares (5.76,0.03,0.52%) extracted the highest price drop, up to 175 million yuan, while 13.80,0.11,0.80% prepared second yuan, 169 million yuan.

< /p >

< p > "controlling inventory is still the focus of relevant enterprises.

On the one hand, enterprises should appropriately reduce production and improve inventory management capabilities, so as to reduce inventory backlog risks. On the other hand, we need to actively develop sales channels.

Zhu Qinghua suggested.

< /p >

"P," Zhu Qinghua, a researcher at CIC light industry, told reporters: "if the international economic growth is slow or trapped in the" economic mire ", textile and apparel inventory is difficult to return to normal this year.

< /p >

< p > Zhu Qinghua believes that China's textile and garment industry has a greater dependence on exports, and the increase of export volume is the key to ease the high inventory of textile and clothing.

According to statistics, the export volume of China's textile and garment industry increased 15.7% year-on-year.

But this is only a month of volatility.

Data show that in February this year, China's textile exports amounted to 16 billion 480 million US dollars, an increase of 69.7% over the same period last year, while the decline in March was 11%.

< /p >

< p > > therefore, there are different views on the recovery of textile and garment industry in 2013. Some believe that the textile industry has come to a turning point.

But some people think that the textile and garment industry is entering a very low speed situation, and there is no improvement.

< /p >

Zhu Qinghua P, a light industry researcher at CIC, told reporters that the overall textile and apparel industry is more optimistic.

With the gradual warming of the macro-economy, the development of textile and garment industry will have a good prospect this year.

< /p >