Three Quarterly Dismal Textile Service Enterprises Difficult Pformation

In late October, it entered the three quarterly disclosure period of listed companies.

Data show that in the textile and garment enterprises that have disclosed quarterly reports, nearly 20% of the net profit of enterprises has suffered losses.

At present, the textile and garment industry is still in a difficult pformation, and the basic situation of the industry has not yet been significantly improved.

In this regard, GF Securities said that the brand

Enterprises are beginning to reflect more on the traditional management mode of horse racing enclosure, and the future test of brand clothing companies is more of the "inner strength" training level.

However, there are many bright spots in the performance report.

The three quarter is the traditional off-season for the clothing industry, but the performance of Hai Lan's home after the reorganization of assets is far beyond the imagination of the people.

According to its performance report, the company achieved operating income of 8 billion 145 million yuan in 1~9 months, an increase of 70.5% over the same period last year, and a net profit of 1 billion 613 million yuan, an increase of 83.57% over the same period last year.

In addition, in the whole industry "cold", the home textile industry has entered the "spring" early.

The three quarterly reports of the home textiles, Meng Jie home textiles and fuanna performance have gradually stabilized, and the net profit growth rate in the first three quarters has been maintained at 14%~17%.

Cotton spinning enterprise

Difficult market pformation

Changshan shares continued losses

At present, the textile market is still in the doldrums, and textile enterprises are still in a difficult pition period.

Due to the sluggish international and domestic demand, the fluctuation of cotton prices, the relocation of some old factories in the urban areas and the relocation of personnel, the stock income of Changshan has been reduced, the cost has increased, and the profit level has decreased.

The performance report shows that the company expects to lose 65 million ~6000 yuan in the first three quarters of this year, and the deficit will be further enlarged.

It is understood that in the same period last year, Changshan shares lost 47 million 420 thousand yuan.

At the same time, there are also losses in the German cotton shares, the report shows that in 2014 1~9 loss of 33 million 721 thousand and 800 yuan, an increase of 216.65% loss.

The company said that the company was mainly affected by the continued downturn in the market, operating performance declined and gross margin declined.

However, de cotton shares continue to spin off the main textile industry and set foot in the iron ore business and fund management business, which is well regarded by the agencies.

In October last year, the restructuring of Tianshan textile realized losses, the company's net profit in the first three quarters of 39 million 186 thousand and 400 yuan, an increase of 95.12% over the same period, earnings per share of 0.0838 yuan.

Men's clothing enterprises

"No worst, only worse."

Hai Lan's home is eye-catching.

It is not too bad to describe the performance of menswear company with "no worst, only worse".

Only 3 of the 8 men's clothing enterprises that have disclosed three quarterly reports have achieved growth.

Among them, the performance of the civilian brand Hai Lan's home is the most eye-catching.

The three quarterly report released by Hai Lan's home recently shows that the company's revenue and net profit in the first three quarters increased by 70.5% and 83.57% respectively.

Among them, the third quarter single quarter revenue and net profit increased by 95.57% and 86.12% respectively.

Orient Securities released research report, Hai Lan home income growth mainly from channel expansion and store efficiency improvement.

According to its further analysis, the number of brand stores in Hai Lan's home market is expected to be around 3240 in the first three quarters, increasing by 353 compared with the beginning of the year. In addition to the rapid growth of the channel, the average sales area of the new shops in recent years is 230 square meters, much higher than the average 160 square meters of the old stores.

In addition, the company has also actively promoted the development of two in one, three in one store. As of the end of the three quarter, it is estimated that there are already more than 60 stores.

However, in the men's clothing industry in the depth of the adjustment period, not all men's clothing enterprises are like Hai Lan's home, the performance is not bad, more men's clothing companies are still deep in the mire of performance decline, struggling.

In the first three quarters of the first quarter, the operating income of the news birds rose to 2.82% yuan, increasing to 1 billion 595 million 900 thousand yuan, but net profit fell 18.89% to 126 million 900 thousand yuan.

The three quarter achieved 597 million yuan in revenue in the single quarter, up 16.04% over the same period last year, but net profit fell 20.02% to 59 million 720 thousand and 900 yuan.

With the increase of the retail outlets of the retail outlets, the growth of the terminal expenses and the continuous increase of the selling expense rate are the main reasons for the net profit decline.

At the same time, the increase in the handling of special sales products also reduced the gross profit margin of the company.

Business casual men's "faucet" business is even worse, and revenues and net profits are still in a "double slide" state.

1~9 realized revenue of 1 billion 495 million yuan, down 15.07% compared to the same period last year, and net profit was 307 million, down 27.99% compared to the same period last year.

The seven wolves also failed to escape. In the first three quarters, its operating income was 1 billion 731 million yuan, down 25.06% compared to the same period last year. Net profit was 228 million yuan, down 38.74% from the same period last year.

The card slave Road, which has been pursuing high-end boutique business routes, can be described as "miserable".

1~9 month actually revenue 491 million 700 thousand yuan, down 7.04% compared with the same period last year, net profit is only 12 million 366 thousand and 700 yuan, a sharp fall of 87.41% over the same period.

What is more surprising is that the third quarter single quarter performance loss, realized revenue 126 million 700 thousand yuan, down 18.03% compared with the same period last year, net profit loss -782.33 million yuan, a sharp fall of 167.24% over the same period.

In the first half of the year, the loss has been seen.

In 1~9 months, it realized revenue of 731 million 600 thousand yuan, down 18.76% compared with the same period last year, and net profit continued to lose -3339.443 million yuan, down 166.67% from a year earlier.

The three quarter single quarter revenue was 264 million 100 thousand yuan, a year-on-year decline of 5.43%, net profit loss of -1461.542 million, a sharp fall of 360.32% over the same period.

Improvement of bottom adjustment

Still growing at a low speed.

With the pformation of retail channels,

The days of great expansion have become the past, after the defeat of 2013.

To abandon the rapid expansion mode of stores, began to seek pformation.

Towards the end of October, the four leading women's shoes listed companies handed over their pcripts in succession. Although their performance has improved, it is undeniable that enterprises are still at a low growth stage.

In the 4 enterprises, the only shoe brand listed on A shares fell on Saturday. The net profit of the company in the month of 1~9 was 28 million 819 thousand and 600 yuan, an increase of 9.03% compared with the same period last year, and the earnings per share were 0.0793 yuan. The first three quarters of the company achieved operating income of 1 billion 257 million yuan, down 2.08% from the same period last year.

It is reported that since last year, since last year, we have been cautious in opening up stores, vigorously developing the electricity supplier and increasing the proportion of non self operated businesses, and the management and management capabilities are gradually improving.

The Great Wall securities released research report pointed out that the company's performance is still at the bottom, although the inflection point is not clear, but the company is small, if the market environment improves, the performance elasticity is bigger.

In Hongkong's domestic market, women's shoes "giant crocodile" BELLE International announced its performance in the first half of fiscal year 8 as of the end of 8.

Data show that the company's turnover reached 18 billion 556 million yuan, an increase of 10.9% over the same period, and net profit of 2 billion 78 million yuan, an increase of 7.6% over the same period last year.

Because this performance is better than expected, agencies have given positive comments.

Its performance report shows that the company will accelerate the construction of information technology in the future.

At the same time, we will focus on the development of e-commerce.

At the same time, the performance of Daphne international and 100 billion listed in Hongkong also improved.

Daphne announced earlier that the end of September this year, the third quarter of the unaudited operating information, core brand business same store sales increased by 6.3% year-on-year, compared with the second quarter, an annual decline of 2.4% has improved.

By the end of September this year, the same store sales increased by about 5% in the three months.

Home textile enterprise

Survive by change

Take the lead in stabilizing and recovering

Compared with the gloomy textile industry, the spring of home textile industry seems to come earlier.

With the change of people's consumption habits, the rise of the electricity supplier channels, the traditional channel is facing the challenges before the airport.

Home textile enterprises have seen this point, and have made efforts to change e-commerce to survive.

After more than two years of adjustment, the textile industry seems to have left the "cold winter".

The three quarterly report released by Roley textile shows that in the first three quarters of 2014, the company achieved operating income of 1 billion 880 million yuan, an increase of 9.13% over the same period last year, and net profit of 280 million yuan, an increase of 16.7% over the same period last year.

The company expects net profit change interval 0~20% in 2014.

Northeast Securities issued research report pointed out that this benefit from the company's active adjustment in the past two years, so that the pressure to join the channel has eased, the franchisee orders and pick-up have picked up.

In addition, two other three giants of the home textile industry, Meng Jie home textiles and fuanna also have a good performance.

Because of the company's full channel development, new product research and development, and flexible and effective marketing methods, Meng Jie home textile realized business income of 985 million yuan in the first three quarters, an increase of 5.99% over the previous year, and net profit of 57 million 537 thousand and 300 yuan, an increase of 14.36% over the previous year.

At the same time, the company expects net profit of 98 million 684 thousand and 300 ~1.18 billion yuan in 2014, an increase of 0~20% over the same period last year.

Benefiting from the rapid development of e-commerce business, fuanna realized its operating income of 1 billion 299 million yuan in the first three quarters, up 3.51% over the same period last year, and realized net profit of 244 million yuan, up 15.79% over the same period last year.

Fu Anna Hu Zhenchao told the media that before 2012, the home textile industry showed a rapid development. Since then, it has entered the adjustment period. The current adjustment is almost coming to an end, followed by a steady recovery.