62 Clothing Stocks Reported In The Show: Total Inventory Close To 60 Billion

It is doubtful that the same industry, the same consumer group, and the different operation conditions between different companies are different.

One side was once regarded as a national brand.

To maintain its performance losses, its store size is also shrinking, and it is not clear which year it will turn around. But on the other hand, it seems that the Hai Lan family, which does not seem to compare with its reputation, has increased by 80% in the first half of the year, and hundreds of stores have been added.

What is the situation of "ice and fire"?

We try to find out why.

And no matter what the problem is,

How to digest the inventory of nearly 60 billion of the listed companies is still a shadow of the whole industry.

Domestic textile and apparel listed companies released the interim report in 2014.

In the forecast of many market participants, the listed companies of textile and clothing listed companies show a trend of polarization.

In twenty-first Century, according to the flush statistics, according to the flush statistics, 44 A share textile and garment listed companies, respectively, had 23 companies' net profit rising year by year, and 21 companies' net profit decreased compared with the same period last year. The net profit of 6 textile and garment listed companies in H-share declined year by year, while 12 companies increased year by year.

There is also the latest inventory change trend in such enterprises.

In twenty-first Century, the business reporter learned that, compared with the end of 2013, at the end of the first half of 2014, the total inventory of the 62 listed companies showed an upward trend.

According to the twenty-first Century economic report reporter, as of the end of the first half of 2014, the stock of 62 listed companies of A and H-share reached 59 billion 724 million yuan, up 6 billion 35 million yuan from 53 billion 689 million yuan at the end of last year.

"The garment industry has been in decline for two years."

A brokerage industry analyst in Guangdong told the economic news reporters in twenty-first Century that in the fine molecular industry, outdoors sports, children's wear and home textiles began to stock up early. Instead, men's wear inventory was slower, behind the whole industry's inventory cycle, and half loss and half profit in the mid-term report were better explained.

"The data I see is that home textiles and sports are getting warmer."

A clothing analyst of a brokerage firm in Shanghai told reporters on twenty-first Century economic report.

In twenty-first Century, an economic report reporter interviewed and looked at the data and learned that going out of stock has become a must for textile and apparel listed companies.

"The company's inventory is basically raw materials and semi-finished products, almost no finished products, and the finished products follow orders."

In August 22nd, the staff of Xingye science and technology secretaries explained the structure of the company's inventory to reporters in twenty-first Century.

"I think the company's inventory is in the normal range, and the second half of this year will also attach great importance to the management of goods, and can effectively support the rapid development of the company's business."

Tao Xu, a representative of negotiant securities business, said in an interview with an economic reporter in twenty-first Century.

Performance differentiation

In August 14th, Lining landed on the Hong Kong stock market as early as 2004. He released his mid 2014 report, which lost 586 million yuan in net profit and 219.94% in the same period last year. This is another loss after he lost 1 billion 979 million yuan in 2012 and 392 million yuan in 2013.

The pain of pformation seems to be continuing.

"Lining's strategic pformation takes about 3 to 4 years, and the most difficult period is over. It will take 2-3 years to complete the comprehensive pformation."

Lining management said.

According to the statistics of twenty-first Century economic report reporters, the most serious loss among H-share Chinese textile and garment companies is the loss of 604 million yuan in the 0787.HK.

On the other hand, the result is gratifying is that in January this year, the fashion men's clothing brand Hai Lan home, which won the shell technology in the first half of January, has achieved the 1 billion 228 million yuan net profit data in the first half of the year, ranking first in the A and the company.

"Hai Lan Jia's brand has a high cost performance and industrial innovation based direct camp mode; Lining's fall is due to the development of the sportswear subdivision industry into a stable period or even a recession. The extensive expansion in previous years and the ineffective control of the terminal resulted in high inventory in recent years, making the enterprise in a painful pformation."

Ouyang Xin, senior industry analyst at foresight Industry Research Institute, analyzed the twenty-first Century economic report reporter.

He believes that at present, the business performance of Pathfinder, Semir costumes and Hai Lan home is beyond expectations, and this situation is mainly due to its benefit from the development cycle of the garment industry, outdoor and children's clothing industry.

The progress of stock is different.

In fact, the movement of stock taking has been embodied in textile and apparel enterprises.

In the mid-term report of the enterprise, more or less mention the inventory situation.

According to the inventory change trend of flush statistics, 5 companies of CABBEEN, shoes and clothing manufacturers and fortune birds in the 18 listed companies of H-share were reduced at the end of the first half of 2014 compared with the end of 2013, while 13 enterprises such as XTEP international city beauty showed an upward trend in inventory, especially the inventory of the two companies increased by 44.89% and 39.85% respectively, compared with the end of last year.

In terms of A share, the stock market at the end of the first half of 2014 was higher than that in the end of 2013, and there were 28 enterprises such as Hai Lan home, 600233.SH and Mei Sheng culture, while the remaining 16 controlled inventory decline.

For the company's inventory rose by 55.5%, the Maison culture office told reporters on twenty-first Century economic report, "because the May acquisition of Holland Agenturen en Handelsmij Scheepers B.V. incorporated into the report, is not a big increase in animation clothing category stock."

He also told the twenty-first Century business news reporter that the company's inventory is different from other textile and apparel companies, but also contains some animation works.

The former industry science and technology secretaries office also told the twenty-first Century economic news reporter that the company's inventory data increased by 28.63% as a result of mergers and acquisitions.

"At the end of the reporting period, the company's stock balance increased slightly from the beginning of the year, mainly from the rapid development of the main business. In the first half of the year, the overall sales revenue of the company increased by about 21%, and net profit increased by about 27%."

For the reason that the inventory increased by 9.64% at the end of the first half of 2014 compared with the end of last year, Tao Xu, a representative of the securities business, said to the twenty-first Century economic correspondent.

"At this stage, the less inventory pressure is the outdoors and the Semir clothing in casual wear," Ouyang Xinzhou said.