The Performance Of The Apparel Industry Is Getting Better And Better.

Last week (2014.6.23~2014.6.27) textile and clothing (CITIC) plate fell 3.13%, outperforming Shanghai and Shenzhen 300 (0.63%) and Shanghai Composite Index (0.49%) respectively. Ranked seventeenth in 29 CITIC level industries. Last week, the top five stocks of textile and clothing (CITIC) stocks rose by Huamao shares (16.67%), Changshan shares (13.33%), Pathfinder (11.07%), precious birds (9.18%) and Jinying shares (8.17%). The top four of the four stock declines were -2.04%, B, -1.73%, -0.61% and -0.15%.

       Industry related information

According to the statistics released by the National Bureau of statistics, the total profit of Enterprises above Designated Size reached 2 trillion and 276 billion 440 million yuan in the 1-5 months of this year, an increase of 9.8% over the same period last year. In the 41 industries, the total profit of one industry is flat, and the 32 industries have increased year-on-year. Among them, the total profit of textile industry increased by 10.7% compared with the same period last year, and the textile clothing and apparel industry increased by 12% compared to the same period last year.

Last week, raw materials, domestic and foreign cotton prices have declined slightly: domestic cotton price index (level 328) fell 0.18%, spot reported at 17337 yuan / ton. Foreign cotton Cotlook:A index (RMB price) was reported to be 12105.03 yuan / ton, down 2.3%.

        Industry and company dynamics

Huafang Textile: the company's stock has been suspended since its opening in June 25, 2014.

Long style shares: insist on women's clothing business, did not consider the industry transformation.

Changshan shares: the company's stock has been suspended since June 26th.

        Investment suggestion

According to the statistics released by the National Bureau of statistics, the total profit of Enterprises above Designated Size reached 2 trillion and 276 billion 440 million yuan in the 1-5 months of this year, an increase of 9.8% over the same period last year. Among them, the total profit of textile industry increased by 10.7% compared with the same period last year, and the textile clothing and apparel industry increased by 12% compared to the same period last year. From the data, we can see that the performance of textile and garment industry has gradually improved. It is recommended to continue to pay attention to high-quality leading enterprises with sound performance.

        Risk warning

The main risk factors are slow recovery of domestic demand market, high cost of raw materials and continuously increased human cost, which will impact the competitiveness of enterprises in the international market.