33 Garment Companies Are Weak In Growth Performance.

By the end of October 19th, 56 of the 80 listed companies in shwan textile and garment industry had announced performance notices and performance bulletins, accounting for 70%. Among them, fuanna and Hai Lan's home also announced three quarterly reports.

From the published performance information, nearly 6 of the textile and garment companies are pleased with their performance (including the surplus Companies).

Some brokerage analysts believe that due to the terminal demand is still low, it is expected that the overall textile and apparel industry will remain low.

However, the textile and garment industry has been the high incidence zone of mergers and acquisitions. With the recovery of A share market, the activity of mergers and acquisitions is expected to resume.

Main industry growth momentum weak

The first quarterly report published in the three quarter was three yuan, which was slightly dull. The company realized 1 billion 298 million yuan in operating income in 1-9 months, a decrease of 0.08% over the same period last year, and a net profit of 250 million yuan, an increase of 2.67% over the same period. It is estimated that the net profit in 2015 will be 377 million yuan to 452 million yuan, an increase of 0% to 20% over the same period.

Hai Lan's home maintained its high performance growth after the acquisition of the shell. The company achieved an operating income of 11 billion 300 million yuan in the first three quarters, an increase of 39.04% over the previous year, and a net profit of 2 billion 300 million yuan, an increase of 41.95% over the same period last year.

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Wind data show that among the 56 textile and garment companies currently released, 11 have increased by a slight increase of 15, 4 have continued earnings, 3 have turned around, and the company has reached 33, accounting for 59%.

According to the results announcement of performance reporting companies, major asset restructuring, divestiture of loss assets and non recurring gains and losses in investment income are often the main reasons for the substantial increase in the performance of these companies.

The fundamentals of the industry still lack bright spots.

In the third quarter, the terminal retail data of textile and garment industry fluctuated for a short time. The total amount of textile and apparel wholesale and retail scale above scale was slightly worse than that of the second quarter.

Among them, hundreds of large retail enterprises' clothing retail sales decreased by 2.6% and 4.4% in 7 and August respectively. The retail sales of 50 major large-scale retail enterprises decreased by 2.8% and 4.8% in August and August respectively, which were all worse than those in the first half of the year.

Some brokerage analysts pointed out that these fluctuations are related to short-term weather, domestic economy, stock market volatility and so on.

Gao Yong, vice president of China Textile Industry Federation, said recently that the growth rate of domestic textile and clothing consumer goods has dropped to about 9%, which has dropped significantly over the previous two years, and has been lower than the growth rate of the national consumer goods.

External demand is obviously affected by the decline in demand in Japan and Europe.

Heng Qiang, the leader of the leading company

From the perspective of molecular industry, the differentiation of sub sectors is obvious.

Men's clothing, parity

Still maintained a certain growth rate, leading companies continued to grow rapidly.

Benefit from cost-effective products and flat channel system, Hai Lan's performance growth has been maintained at over 40% for many years (there are table factors in 2014).

Business men's clothing is still in the process of recovery, and some companies have begun to recover.

If he is expected to achieve losses in the first three quarters, he said that the net profit in the first three quarters is expected to be 16503-20312 yuan, with a range of 30% to 60%.

Reported bird bird said that the main brand of the company reported the steady development of the bird business, HAZZYS still grew rapidly, and the business of the bird business improved slightly. The direct business continued to grow, and the private volume customization business grew rapidly. At the same time, the company increased the handling of assets such as shops and foreign investment.

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The overall trend of leisure wear plate is better, but the differentiation is obvious.

In the first quarter of the three quarter, the loss in the first quarter was expected to be 150 million -2.5 billion yuan.

Benefiting from the sustained development of children's wear and leisure wear business, Semir apparel is expected to achieve a net profit of 671 million 320 thousand yuan -87272 million yuan in the first three quarters, a slight increase compared with the same period last year.

In the first three quarters of the first quarter, net profit grew by about 35%-60%.

Three home textile listed companies are expected to increase slightly in the first three quarters.

Under the influence of slow recovery and slow growth on line, the home textile industry is expected to continue to grow at a low level.

Previous growth rate

The growth rate slowed down compared with previous years.

Jialin Jie is expected to lose 35 million -5000 yuan.

Pathfinder expects net profit in the first three quarters to fall by 18%. In addition to the decline in net profit growth of outdoor products, the company's acquisition and listing of tourism service targets will result in planned losses and drag on the company's performance.

High-end women's clothing is still in the process of bottom finding, and high-end women's clothing sales in shopping malls continue to decline.

In the first three quarters of the first quarter, -6164 realized net profit of 35 million 230 thousand yuan, -6164 yuan, down 30% over the same period.

The company continues to build the strategic layout of "Pan fashion ecosystem", but the effect of strategic pformation has not yet appeared.

The textile industry continued to differentiate, but cotton prices fluctuated less than last year, so the overall performance is expected to improve year-on-year.

Multiple mainline excavations

According to the Securities Research Report, in the textile and apparel industry, high growth companies such as AOKANG international, Hai Lan home and Semir apparel are worth watching.

The textile and garment industry has always been a high incidence zone for mergers and acquisitions. If the market stability is improved, the market's investment activity will be improved.

Recently, under the gradual warming of the market, some textile and garment companies have issued relevant announcements.

For example, Shandong Ruyi recently announced the revised fixed increase plan, and continue to promote the acquisition of assets such as Ruyi technology clothing.

The company said that after the completion of this issue, Shandong's Ruyi Business scope will extend from simple clothing production to garment processing and manufacturing, so as to give full play to the synergy effect of upstream textile raw materials and downstream garment production, improve the industrial chain, expand the scale of the company's operation, and enhance the competitiveness of the company's industry.

Prior to the plan to raise the issue of suspension, Luo Lai home textile in the evening of October 18th also announced that it will continue to promote the fixed increase matters.

19 resumption of trading, the company opened the stock price is sealed up limit.

To hedge against bad luck, there are already listed textile and apparel companies such as Baron East, Lu Tai A, Huafu color spinning and Junsheng group in the layout of the Southeast Asian market, and some companies have begun to release capacity.

Some analysts pointed out that, affected by preferential tariff policies, Southeast Asia

The overall cost is lower than the domestic level. With the gradual release of related project capacity, the aforementioned company is expected to benefit from the investment in Southeast Asia.

In addition, companies with small market capitalization, cash and financial products assets are also worthy of attention.