Textile And Clothing Are Not "New Clothes Of Emperors"

This article mainly introduces the situation and related stocks of spinning and clothing industry, such as the transformation of big health (medical beauty, private hospitals, pension and genetic testing, etc.), computers and military industries. Part Textile and clothing In order to find new growth points and choose new industries such as big health, military industry, computer and other new industries with broader prospects for nuggets, the main business development of the company will solve the profit dilemma. We hope that the relevant companies will have new opportunities for development through transformation.

Medical beauty industry and private hospitals are developing opportunities. 1) with residents Consumption consciousness Upgrade, accept the expansion of cosmetic surgery, the era of cosmetic surgery is coming, it is expected that the scale of China's medical beauty market in 2017 is expected to exceed 100 billion, and the industry growth rate will be over 25% in the next five years. 2) at present, the number of private hospitals in China has reached 50.6%, but the number of people receiving treatment and discharge is only 12% and 13.4% of the whole country. In the future, we will benefit from policy support, demand release and superimposed capital acceleration. The proportion of private hospitals in the medical system will increase rapidly.

Genetic testing and pension industry are entering a period of rapid development. 1) gene detection plays an important role in the diagnosis and treatment of diseases. Noninvasive prenatal diagnosis is gradually accepted. The income of China's genetic testing industry has increased rapidly, and the compound growth rate of 2012-2014 years has reached 45%. It is estimated that the scale of China's genetic testing industry will reach 100 billion level in 2020. 2) under the tide of aging population, the demand for elderly care and medical care in China has increased rapidly. It is estimated that the total value of China's pension industry in 2020 will reach 6 trillion.

Transformation of military industry, computer and other industries bring new vitality to performance growth. The main business of some spinning and weaving companies is weak but with sufficient capital reserves. Through the layout, the new main industry can share the development opportunities of new industries. 1) in 2014, the income of China's software industry reached 3 trillion and 700 billion, accounting for 5.81% of GDP, and the software industry was in the golden period of development. In recent years, the revenue growth rate was higher than 20%. 2) the annual sales volume of domestic safety computers is about 30 thousand units, and the market penetration rate is low. In the future, the government will increase the purchase of secure computers for domestic CPU. It is estimated that the market space will reach 300-400 billion in 2025. 3) Beidou navigation system is a key aerospace project independently developed by China. In 2015, its industrial scale was about 60 billion. Under the promotion of national policies and special demonstration projects, the Beidou industrial scale in 2020 could reach 240 billion.

Core recommendation: bar Jie shares, Changshan stock San Mao Pai Shen, Wei Xing shares. 1) bar Jie shares: the transformation of medical and health sturdy, the company will benefit from strategic partners rich medical resources and management experience, the target price of 60 yuan. 2) Changshan shares: through North Ming software vigorously layout information technology service industry, IT service giant is expected to appear, the future IT layout continues to move forward, the target price of 17.40 yuan. 3) Sanmao sent the gods: the company acquired the core technology to enter the computer industry, hoping to enjoy the domestic security computer market dividend, the target price of 25 yuan. 4) Weixing shares: the Beidou navigation system industry is about to break out. High quality military assets are expected to take over the growth baton to drive the company to high-end manufacturing, with a target price of 17 yuan.

Risk warning: the integration of new and old businesses is not up to expectations, and the main industry continues to suffer losses.