Listed Companies 90% Profit Margins Remain High

Statistics show that as of August 28th, 72 of the listed companies in the textile and garment industry announced that 90% of the listed companies were profitable. At the same time, inventory reached 75 billion 369 million yuan, an increase of 4 billion 137 million yuan over the same period of 71 billion 232 million in 2013, an increase of about 6%.

According to the analysis of the personages in the industry, the textile and garment industry in 2014 may continue to continue the trend of 2013, that is, the manufacturing industry continues to be weak and recovery journey. After the consumer bottoms up in 2013, it is possible to recover slowly in 2014, and the differentiation of enterprises is increasingly obvious.

90% profits of listed textile companies

According to statistics, 63 of the 72 listed textile and apparel companies listed in the China Daily reported positive net profits. That is to say, nearly 90% of the companies achieved profits.

In the first half of 2014, the profit of 52 listed companies was over ten million yuan, and the net profit of 21 companies exceeded 100 million yuan. Among them, YOUNGOR and Hai Lan's home ranked first and second respectively in net profit ranking, and 2 companies achieved net profit of 1 billion 874 million yuan and 1 billion 228 million yuan in the first half of 2014 respectively. However, it is worth noting that 9 other companies reported losses in the first half of 2014.

Inventories grew 6% year-on-year

It is worth noting that the 72 listed companies in the textile and apparel industry announced that the inventory of the listed companies was as high as 75 billion 369 million yuan, up 6% over the same period of 71 billion 232 million yuan in 2013.

According to incomplete statistics, 28 of the 72 companies in the first half of 2014 increased by 10% over the same period. Among them, the inventory of Hai Lan's home grew the most, from 483 million yuan in the first half of 2013 to 5 billion 239 million yuan in the first half of this year, an increase of 984.63% over the same period last year.

Some analysts believe that the sharp increase in inventory is mainly due to the expansion of the company's reasons. Data show that in the first half of this year, the number of brand stores in Hai Lan home increased by 277, with a total number of 3164.

In addition, the inventories of the Pathfinder also rose sharply, rising from 207 million yuan in the first half of 2013 to 320 million yuan in the first half of 2014, an increase of 54.68% over the same period last year. In this regard, a company Securities Division said that the increase in stock mainly came from the rapid development of independent business. In the first half of this year, the overall sales revenue of the company increased by about 21%, and net profit increased by about 27%.

In addition to Hai Lan's home and Pathfinder, Maison's inventory grew by 47.33% in the first half of 2014. For the growth of inventories, Maison handelsmij explained that the acquisition of Holland's agenturen en handelsmij Scheepers B.V. was not a result of a large increase in the stock of anime apparel.

Men's clothing encountered shop trend

According to statistics, in the first half of this year, men's clothing listed companies Busen and nore were losing more than ten million yuan. In addition, the net profit of card Nu Di road decreased by 77.03% compared to the same period, the net profit of seven wolves decreased by 40.70% compared to the same period, and the net profit of nine Mu Wang dropped by 24.80% compared to the same period, and the net profit of the reported bird dropped by 18.01%.

In the same time, the men's clothing listed companies also encountered a rare closing shop trend. Among them, seven wolves were 347 stores, 73 were the nine Mu Wang Guan stores, 53 were Guan Nu Di Guan stores, and 46 were Hinur stores.

For men's clothing companies, there is an analysis of people in the industry. In recent years, there has been a "bubble" in the field of horse racing, and now is the time to "squeeze bubbles".

Analysts believe that the survival of clothing enterprises will not improve in the near future, and the tide of closing shops will continue. In order to improve performance, most companies are actively transforming, and start networking with the Internet, and have launched O2O mode.