High Profitability Has Not Yet Been Fully Recognized. Is The Textile Industry Underestimated?
< p > towards the end of the year, the stock market phenomenon is being combed at that time.
The upstream and downstream of the industrial chain is the relationship between sharing weal and woe. Textile and clothing belong to the mature industry without stories. However, the leading day of textile industry is better than that of the clothing industry.
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< p > > a href= "http://www.91se91.com/news/index_c.asp" > clothing < /a > industry boom is not high, especially some brand clothing is still going to inventory, sports brand since last year began to play Guan Dianchao, the day of the leisure brand is also a bit sad.
Compared to the small and medium plates, nearly 20% of the increase this year, the seven wolves, the United States and costumes recorded a decline, the trend is lagging behind.
In contrast, although many sectors of the textile industry are in the doldrums, some leading stocks are able to record more than 10% of the total growth this year, which is better than the leading sectors in the apparel industry.
From inventory, profit situation, there is indeed data support.
In this regard, some research reports put forward the concept of upgrading the traditional industries. It is believed that the textile industry will be one of the traditional industries that China can go to the world. It has great potential to tap, and the high profitability of the leading enterprises has not yet been fully recognized by the market.
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< p > to enter the high-end fabric industry, it seems to be the development direction of high quality textile companies.
The problem is that in the textile industry full of less than a href= "http://www.91se91.com/news/index_s.asp", "competition less than /a" and even over competition, not a few companies want to go. Large scale textile enterprises are always trying to form or protect their own advantages.
From the profit margin, it also shows that in this mature industry, it is difficult to get the profit margin beyond the average level of the industry.
And it may be more difficult later.
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Compared with before, China's textile industry has only two advantages. P
One is the advantage of scale, the two is the advantage of industrial cluster.
In recent years, the development of textile industry in some developing countries has been developing rapidly. However, the scale of China's textile and garment industry is very large, and all aspects of the industrial chain are ranked first, the industrial chain is complete and the overall competitiveness is strong.
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< p > but there are many pressures on the textile industry.
The first is cost pressure.
The price of raw materials is higher than the international level.
Labor costs are high and recruitment is difficult.
According to relevant data, the wages of domestic textile workers have increased by about 4 times over the past ten years.
More trouble is that the younger generation's enthusiasm for textile and garment industry is not high, and many enterprises are hard to recruit and have large mobility.
The appreciation of the renminbi has also eroded the competitiveness of export enterprises.
China's textile export competitive advantage continued to decline. Vietnam replaced China three years ago as Nike's largest supplier in the world.
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< p > a lot of research reports are not clear, that is, environmental arrears.
Textile industry is listed as a key pollution industry in China.
According to the State Environmental Protection Administration statistics, the total amount of printing and dyeing wastewater discharge ranks fifth in the national manufacturing industry.
If the cost of environmental protection is counted, for example, textile enterprises are charged by the government, or are prosecuted by local residents, most textile enterprises will not be less than a href= "http://www.91se91.com/news/index_cj.asp" > profit < /a >.
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< p > as a traditional industry closely related to life, the mainstream capacity of the textile industry has been pferred several times worldwide. The modern textile industry began to rise in the United Kingdom and the United States with the industrial revolution, and later pferred to four small dragons in Asia, which began to pfer to China twenty or thirty years ago, and began to pfer to Southeast Asia in recent years.
The textile and garment industry should be a labor-intensive and resource consuming industry. The general direction of industrial pfer is to pursue lower costs.
It can not be ruled out that the main business of some textile enterprises has great potential to be excavated. However, when China's low cost advantages are no longer, it is imperative to find high profitability in such industries that have not yet been recognized by the market, and the market may not be able to understand this kind of story.
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