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    High Storage Is Still A Crisis Facing The Textile And Garment Industry.

    2013/11/1 15:47:00 26

    TextileGarment IndustryHigh Inventory

    < p > statistics show that in the first three quarters of 2013, 81 < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > a target= "_blank" href= "_blank" > clothing < < > Enterprise inventories totaled 76 billion 816 million yuan, compared to 72 billion 544 million yuan in the first three quarters of 2012, an increase of 6% over the same period.


    < p > in the past two years, textile and garment industry has continued to "go out of stock", and the inventory of textile and apparel companies has continued to rise.

    < /p >


    < p > according to statistics, as of October 31, 2013, 81 listed companies in the textile and garment industry announced the inventory value of the first three quarters of this year, totaling 76 billion 816 million yuan, compared with 72 billion 544 million yuan in the first three quarters of 2012, the total inventory of the 81 companies increased by 6% over the same period last year.

    < /p >


    < p > there is an analysis that the textile and garment industry needs to expect economic growth if it wants to lower its inventory.

    < /p >


    < p > > strong > 14 listed companies stock exceeds 1 billion yuan < /strong > < /p >.


    < p > statistics show that in the first three quarters of 2013, 14 listed companies had more than 1 billion yuan in inventory of 81 listed companies.

    < /p >


    < p > among which, the inventory of the top 10 listed companies has a total inventory of nearly 50 billion yuan.

    Among them, YOUNGOR has the highest inventory of 23 billion 953 million yuan, followed by black peony, the stock of the company is 5 billion 968 million yuan, the stock of red bean ranks third, and the stock of the company is 4 billion 501 million yuan.

    < /p >


    "P >" in addition, such as China group, cashmere industry and Mei Bang "a target=" "_blank" "href=" "http://www.91se91.com/" > clothing < /a > over 2 billion yuan.

    And Huafu color spinning, Fu Tian shares, Lu Tai A, Baron East, Changshan shares, Semir clothing, Saturday, leading shares of 8 companies stock is more than 1 billion yuan.

    < /p >


    < p > reporter asked the above listed companies to understand that the stock of YOUNGOR, black peony and ormosia in the top three list is high, but this is mainly caused by the company's real estate business.

    < /p >


    < p > YOUNGOR executives told reporters that the company's stock is mainly the stock of the real estate industry. In fact, the inventory of the clothing industry of the company is still falling.

    < /p >


    < p > < strong > men's stock is no longer available. < /strong > < /p >


    < p > in the first three quarters of 2013, the days of men's clothing listed companies in the textile and garment industry were particularly hard.

    < /p >


    < p > in the first three quarters of this year, the performance of men's wear listed companies generally declined.

    Of the 11 listed companies that have announced three quarterly reports, 8 have declined.

    < /p >


    < p > according to statistics, in the 11 men's clothing listed companies, 8 wolves, red bean stocks, nine Mu Wang, Dayang creation, Georges Bai, Hinur, news birds and Busen shares 8 companies in the first three quarters of this year net profit declined.

    Among them, the seven wolf appeared the first decline in net profit since 2006, and its net profit fell by 7.35%.

    < /p >


    < p > announcement shows that the first seven quarters of the three wolves achieved operating income of 2 billion 310 million yuan, down 8.1% from the same period last year, and the net profit attributable to the parent company was 370 million yuan, down 7.4% from the same period last year.

    The third quarter earned 880 million yuan, down 13.7% from the same period last year, and realized net profit of 120 million yuan, down 25.7% from the same period last year.

    < /p >


    < p > for men's wear listed company's performance decline, some analysts believe that this is the sequel of male clothing company extensive expansion.

    < /p >


    < p > according to statistics, as of October 31, 2013, the inventory of 9 men's clothing listed companies was over 200 million yuan.

    In addition to YOUNGOR and Hong Kong shares due to the high inventory of real estate business, the birds in the first three quarters of this year increased to nearly 1 billion yuan.

    In addition, the stock in the first three quarters of the nine herd kings and the seven wolves were 701 million yuan and 667 million yuan respectively.

    < /p >


    < p > there is an analysis that the wholesale sales account for a high proportion of income, such as good birds and seven wolves.

    The seven wolves were late for the strategy of "wholesale" to "retail", so the company faced greater pressure on channel inventory.

    < /p >


    < p > Guotai Junan Securities analysis report believes that in the third quarter, the seven wolves joined the business to pick up goods over two digits, but sales and management expenses did not change much in the same period of 2012. Plus the provision for inventory impairment (loss of assets 92 million 830 thousand yuan), the company's third quarter profits fell sharply.

    < /p >


    "P" Guotai Junan analysis, seven wolf 2014 spring and summer orders will decline more than two digits, the first half of next year's performance is still under pressure.

    It is understood that in August, the seven wolves held the spring and summer order meeting in 2014, and the seven wolves joined the order to decline in two figures, while the first half of 2014 was under pressure.

    < /p >


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


    < p > according to the incomplete statistics of journalists, in the above 81 textile and apparel listed companies, there are 57 companies in the first three quarters of 2013, compared with the three quarter of 2012, they have achieved varying degrees of growth.

    < /p >


    < p > for the textile and garment industry is facing the problem of continuous growth of inventory, the industry analysis of the reason is "domestic demand < a href=" http://www.91se91.com/news/index_s.asp "> market < /a > relatively low, the most fundamental demand problem is still unresolved" relationship.

    < /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 clothing inventory is hard to return to normal.

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

    < /p >

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