Textile Industry Again Encountered "Cold Winter" In The Three Quarter, 43 Companies Only 4 Increase.

According to insiders, the external factors that continue to explore the industry are that exports are constrained by slow recovery and rising costs of external demand, and domestic demand is affected by foreign brands and electric providers. Internal factors lie in the hidden worries of extensive expansion of enterprises in the early years.

With the end of 9

A shares have released nearly 1000 listed companies in the first three quarters of 2014.

According to statistics, as of September 22nd, there were 969 A share listed companies released the first three quarters of 2014 performance notice, of which 192 companies increased in advance, 250 companies slightly increased, 118 companies continued earnings, 62 companies turned around, 89 companies slightly reduced, 94 companies pre reduced, 66 companies lost the first time, 72 companies continued losses, and 26 companies were uncertain.

According to statistics, the above 969 companies predicted a net profit ceiling of about 115 billion 626 million yuan, of which 43 listed companies listed on the textile and garment industry had a net profit ceiling of 4 billion 215 million yuan, accounting for only 3.65% of the 969 net profits currently reported by 969 companies.

According to industry analysis, the textile and garment industry is still exploring the bottom. Its external factor is that exports are constrained by the slow recovery and rising costs of external demand, and domestic demand is affected by foreign brands and electric providers. Internal factors lie in the hidden worries of extensive expansion of enterprises in the early years.

Only 4 companies have increased in advance.

Data show that 43 textile and garment companies listed the results of the first three quarters of 2014, with only 4 companies increasing in advance, 5 companies continuing earnings, 14 companies slightly increased, 6 companies pre reduced, 7 companies slightly reduced, 2 companies losing the first time, 4 companies continuing losses, and 1 companies uncertain.

This shows that the 43 textile and garment companies listed in the first three quarters of this year reported half of their achievements and complaints.

According to statistics, in the above 43 textile and garment industry listed companies, only Hongda hi tech, Shandong Ruyi, Kai Kai Industrial and YOUNGOR 4 companies increased in the first three quarters of this year.

Among them, Hongda high tech expects net profit of 85 million 360 thousand and 910 yuan to 105 million 59 thousand yuan in the first three quarters of this year, with an increase of 30% to 60%.

And Shandong's Ruyi is expected before this year.

Net profit ranged from 13 million 260 thousand yuan to 13 million 500 thousand yuan, with an increase of 450.57% to 460.54%.

Of the 4 companies mentioned above, YOUNGOR did not disclose the expected net profit, but said that the cumulative net profit in January 2014 to September will increase considerably compared with the same period last year.

However, the net profit of January to September increased by 215% from 2014 to September.

Due to the fact that YOUNGOR did not announce the specific net profit forecast, at present, among the 43 companies that have announced the results of the first three quarters of this year, Semir apparel is expected to have the highest net profit from 551 million 753 thousand and 400 yuan to 717 million 279 thousand and 400 yuan, with an increase of 0% to 30%.

Secondly, the net profit of the apparel is estimated to be between 210 million 410 thousand yuan and 325 million 180 thousand yuan, with a decrease of 45% to 15%.

According to statistics, 24 companies in the above 43 textile and garment companies expect net profit to grow year-on-year in the first three quarters of this year.

Among them, the highest net profit growth is expected to be the highest in Shandong. The company expects net profit of 13 million 260 thousand yuan to 13 million 500 thousand yuan in the first three quarters of this year, an increase of 450.57% to 460.54% over the same period last year.

The company with the largest net profit decline is Thailand shares. The company expects net profit of -3200 million to -2400 million between 2014 and September, down 501.5% to 351.13% over the same period last year.

6 companies in advance

According to statistics, in the above 43 textile and garment industry listed companies, 6 companies are expected to lose in the first three quarters of 2014, of which Busen shares and Hinur are the first losses, Xinlong holdings, German cotton shares, Thailand shares and Vico essence are continued losses.

Busen shares reported that the company achieved a net profit of -3328.98 million in the first half of 2014, with a net profit growth rate of -394.18%.

The company expects net profit of -4460.11 million yuan to -3784.35 million in the first three quarters of 2014, down -430% to -380% compared to the same period last year.

Changjiang Securities researcher Lei Yu analysis, the company's inventory and turnover days increased, turnover deteriorated.

At the end of the two quarter of 2014, the company's inventory was 250 million yuan, a rise of 2.89%, and accounts receivable of 112 million yuan, a decrease of 38.42%.

Inventory turnover in the two quarter was 827 days, an increase of 241.60% over the same period, and the turnover was not good.

Lei Yu believes that the increase in company inventories and the decrease in accounts receivable are mainly due to a significant decline in terminal sales.

Similarly, Hinur is also strictly controlling inventory problems. For this reason, the company has stepped up its production and controlled the purchase scale.

At the same time, because of the decline of group buying business, he is pushing high-end customization, trying to find new profit growth point.

In fact, the increase of inventory and turnover days has become a common problem in the entire textile and garment industry. Most textile and garment enterprises are also reducing the scale of purchase, and implementing the strategy of product sales to cope with high inventory.

For today's textile and garment industry, there are insiders analysis, the industry has not yet reached the bottom, business management tends to be cautious.