Stock Market Data Show: Textile Industry Concentration Will Be Improved.

< p > > as the second annual report of A shares less than a target= "_blank" href= "http://www.91se91.com/" > textile < /a > plate, the German cotton shares did not change the "opening green" situation of Huafang textile on the evening of 25, and net profit was 60 million 340 thousand yuan, down 1289.22% compared with the same period last year.

What is more worrying is that this loss and decline trend is still spreading, and the German cotton share is expected to lose 5 million to 10 million yuan between 1 and March this year.

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"P >" after the impact of the cotton price roller coaster market, the domestic textile industry has been languished.

In particular, the domestic cotton prices and foreign differences are too large, but also make the domestic downturn in the textile industry worse.

Huafang textile and decotton share both attribute the loss to the severe market situation of the cotton textile industry and the instability of the raw material market.

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< p > however, according to previous performance notices and bulletins, Shandong textile enterprises Lutai A and Jiangsu textile enterprises joint venture shares had good performance last year, and said that this year's capacity is expected to continue to expand.

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< p > the "ice and fire" situation of the performance of the listed textile enterprises highlights the superiority and importance of the whole industrial chain.

In this process, the industry concentration will also significantly improve.

Zhuo Chuang information cotton analyst Sun Liwu told the Economic Herald reporter.

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< p > < strong > the depressed side < /strong > < /p >

< < p > > a href= "http://www.91se91.com/news/index_c.asp" > de cotton > /a > 26 evening, the annual report disclosed shows that last year the company achieved a revenue of 870 million yuan, down 20.48% from the same period last year, a profit loss of 60 million 430 thousand yuan, and a loss of 0.343 yuan per share.

In the same period last year, the company made a profit of 5 million 80 thousand yuan.

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< p > for the reasons for the sharp decline in net profit, de cotton shares said that the European debt crisis, the weakening of the international market demand, the decline in grades, and the rising prices of production factors, especially due to the impact of the policy of purchasing and storing cotton, only the difference between domestic and foreign cotton prices reached 4000 yuan to 5000 yuan / ton, resulting in the company's textile sales revenue in the fourth quarter of last year did not meet the expected target; in addition, the sales revenue of the company's coal business was also lower than expected.

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"P", the main business downturn and sideline production of the German cotton shares, will this year's loss of hope in the fixed increase of "blood pfusion" and the introduction of new business, said that this year's domestic and international economic environment is more severe, the textile industry will face more difficult and complex situation.

"The company will make full use of private placement to supplement liquidity and substantially reduce the asset liability ratio of enterprises.

In addition, on the basis of traditional cotton textile, coal trade, commercial real estate and other businesses, we should explore new businesses with new profit margins and broad prospects for development, cultivate new profit growth points, and strive to achieve greater breakthroughs in upgrading the industrial structure.

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< p > according to its fixed increase plan announced in January this year, the German cotton joint stock company intends to raise the price of 6.13 yuan / share to the major shareholder's fifth quarter international issue not more than 65 million shares, raise 398 million yuan, the net amount of the fund-raising will be used to supplement the company's liquidity.

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< p > in addition, the Jilin chemical fiber belonging to the textile sector also released its 2013 annual report on the evening of 26, with a net profit loss of 394 million yuan, up 4066.04% from a year ago.

In the 2013 performance bulletin, the company's main environmental protection product was announced 3000.53% days ago, with a net loss of 200 million yuan in the current period.

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Like P, the Jilin chemical fiber company also plans to seize the "lifeline" of the private placement. On the evening of the 18 th of this month, it announced a revised and revised plan. It plans to increase the amount of not more than 338 million shares to a specific target with a price of 2.66 yuan / share, and raise funds not exceeding 900 million yuan, all of which will be used to repay bank loans and replenish liquidity.

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< p > continuous performance slump, and unoptimistic about the market situation in the future, made the old textile enterprise Hua Fang textile made a decision of "change" at the end of last year. It announced that all assets and liabilities owned by it should be taken as the assets to be replaced, and the 96 equivalent parts of Jiahua energy 100% owned by Jiahua group and concerted action will be replaced.

After the reorganization is completed, Huafang textile will no longer be engaged in the cotton spinning business, and the main business will turn into steam heating.

At present, the reorganization has been accepted by the SFC's administrative licensing application.

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< p > "for most of the a href=" http://www.91se91.com/news/index_c.asp "> textile enterprises < /a >, last year was a very difficult year.

The shortage of terminal demand and the yarn impact caused by the spread of cotton yarn at home and abroad make most of the "unprepared" spinning enterprises in deep trouble.

Sun Liwu said.

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< p > according to the statistics of the Ministry of industry and commerce, the industrial added value of China's textile enterprises above designated size increased by 8.6% over the same period last year from 1 to September. The growth rate dropped by 2 percentage points year-on-year, showing a trend of continued slowdown.

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< p > "when the domestic cotton price is the highest, it exceeds 30 thousand yuan / ton, and the recent price is more than 20 thousand yuan / ton, which is higher than the international market cotton price over 5000 yuan / ton. The huge cost difference brings too much pressure to the textile enterprises."

A management member of a large textile enterprise in Hubei Province, who did not want to be named, told the reporters.

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< p > < strong > the rising side < /strong > < /p >

< p > however, recently released the 2013 performance notice and the newsletter of the joint venture shares, Jia Linjie, Jiangsu broad-minded and other textile enterprises, but with the "red" performance to the industry to provide a "ready" template.

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< < p > > the performance bulletin disclosed on the 24 night of the joint venture shares showed that in 2013, the company achieved a total revenue of 3 billion 182 million yuan, an increase of 16.52% over the same period last year, and realized a net profit of 278 million yuan attributable to shareholders of listed companies, an increase of 20.98% over the previous year, and 1.29 yuan per share.

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< p > besides, Lu Tai A's performance last year is also commendable.

Through the production of cotton in Xinjiang (about more than 10 thousand tons per year), the whole industry chain model was established, and overseas factories were set up. In the first 3 quarters of last year, the company achieved operating income of 4 billion 639 million yuan, an increase of 10.27% over the same period last year, and realized a net profit of 676 million yuan attributable to shareholders of listed companies, an increase of 46.57% over the same period last year.

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< p > based on this, as of February 27th, a total of 18 institutions have predicted the 2014 annual performance of Lu Tai A in 6 months. Forecast Ltd will achieve net profit of 1 billion 100 million yuan, up 55.37% over the same period last year.

Among them, 2 institutions recommended "overweight", 1 agencies "prudent recommendation", 3 institutions recommended "buy", 4 institutions "recommended", 2 institutions "strongly recommended".

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< p > "Mastering the higher threshold professional skills, developing well into the subdivision areas, and improving the management capabilities of enterprises are the main reasons for the growth of the above-mentioned textile enterprises."

Sun Liwu said that from the beginning of this year, an unlimited amount of open storage policy will be ended, and the target price subsidy mechanism will be launched and market-oriented, which will facilitate the rational operation of cotton prices.

In the long run, the difference between domestic and foreign cotton prices will return to a reasonable range.

"After this round of survival of the fittest, the textile industry in the future should take the road of low-end pfer, cost reduction and high-end upgrading to create technological advantages, such as building factories overseas.

In the past few years, the era of "close eyes" can make money.

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