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    The Three Quarterly Report Of Textile And Apparel Companies Is Full Of Joy And Sorrow.

    2014/11/12 9:58:00 25

    Textile And Apparel Companies Are Delighted And Worried.

    With the three quarterly report of textile and clothing listed companies entering the centralized disclosure period, the division of performance in the field of subdivision is more and more obvious, while the overall industry still has no obvious signs of recovery.

    Some Brand Company's performance after adjustment is not as good as expected, especially in traditional garment manufacturing enterprises such as seven wolves, nine herdmen, and so on. In the three quarter, the performance declines significantly.

    From the industry data, the data of the China National Business Information Center showed that in the first three quarters of the year, the retail sales of 100 major major retail enterprises decreased by 0.1% compared with the same period last year, and the growth rate slowed sharply by 10 percentage points compared with the same period last year.

    The retail sales of clothing increased by 0.4% over the same period last year, the lowest growth rate since the year, and the growth rate was 5.6 percentage points slower than the same period last year.

    In the field of subdivision, the growth trend of cotton textile enterprises, such as Huafu color spinning and Lu Tai, has benefited from the implementation of the cotton direct subsidy policy and the continuous reduction of cotton price differences.

    In the first three quarters, A's operating income dropped 1.40% to 4 billion 573 million 500 thousand yuan, but its net profit increased 5.03% to 710 million yuan.

    In particular, the leading stock Shandong Ruyi, the first three quarters of the net profit attributable to shareholders of the parent company increased by 454.95% over the previous year, the full year net profit is expected to increase by 650%.

    Another Tianshan Mountain

    Spin

    In the first three quarters of the year, although operating income dropped to 4.16% yuan, it reached 407 million yuan, but realized net profit of 39 million 186 thousand and 400 yuan, up 95.12% compared to the same period last year.

    But its performance is mostly due to the completion of the reorganization of assets in October, and the Xinjiang West Mining Co., Ltd. was incorporated into the financial report, which led to the loss of profits in the same period last year.

    In addition to the stride forward of cotton textile enterprises under the policy boost, there are also sports and outdoor products listed companies that are also encouraged by the policy.

    Recently, the launch of the State Council's policies on revitalizing the sports industry has directly led to the strengthening of the short-term stock price of the Pathfinder.

    In September last year, Pathfinder shares the outdoor enthusiasts website, green field network, and extends the industrial chain to the maximum extent based on the global outdoor sports and deep experience travel integrated service platform.

    Its performance also failed to meet expectations. In the first three quarters, its operating income and net profit increased by 21.04% and 25.95% respectively. In the third quarter, the single quarter operating income and net profit increased by 20.95% and 23.83% respectively.

    However,

    main

    Shoes and clothing enterprises, which are mainly extended to extend, are under great pressure.

    In the first three quarters of the first quarter, the operating income and net profit fell by 11.77% and 58.38%, respectively. In the third quarter, the company's operating income fell by 16.14% in the single quarter, and the loss in the single quarter was -912 million yuan.

    As a matter of fact, companies such as nine herd king, AOKANG international and so on are also worried about the whole year's performance due to the increase in sales and inventory prices, as well as the downturn in consumption.

    In the three quarterly report, the company emphasized that the company's book capital is abundant, and intends to acquire the brand of Korean children's clothing. From the high-end high-end dress to the fast fashion of the public, it can be seen that under the pressure of operation, the integration of industry and acquisition is the key action of the future.

    Extending the industrial chain or other industries related to the main business is the choice of most garment enterprises.

    But there are also innovative enterprises in the main business.

    Like Hai Lan's home, the revenue and net profit of the first three quarters increased by 70.5% and 83.57% respectively through the channel sinking, store efficiency upgrading and direct selling.

    Judging from the three quarterly reports that have been disclosed, there are obvious differences in subdivision industries. Most shoe and garment enterprises have declined in performance. The three giants of home textiles, Meng Jie, fuanna and Luo Lai, continue to rely on the electricity supplier channel to stimulate sales growth. Net profit growth is maintained at 14%~17%, with little difference.

    Three quarterly reports have always been

    think

    It is a weathervane of annual performance. If the three quarterly report is better, it will basically guarantee the growth of annual performance.

    Therefore, the market is more sensitive to the signals released by the three quarterly bulletin, and also responds positively to the merger and acquisition companies.

    However, the pace of domestic retail terminal recovery is slower than expected, coupled with the different policies behind the industry, the division of the textile and garment sector will continue.

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