Inventory Growth In Textile And Garment Industry Is Related To The Continuing Downturn In Demand Environment.

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Listed companies in the stock market has been high, some companies began to control inventory, but still some companies are still facing the problem of inventory.

The domestic demand market is relatively low, which is the most fundamental demand problem that has not yet been resolved.

The data compiled by the flush show that as of April 5, 2016, the total inventory of 32 textile and garment industry listed companies increased from 2011 to 2015 in the 5 years, increasing by 18 billion 588 million yuan, 19 billion 349 million yuan, 20 billion 259 million yuan, 21 billion 51 million yuan and 22 billion 209 million yuan respectively.

If the inventory growth rate was calculated from 2011 to 2015, the total inventory of 22 billion 209 million yuan in 2015 increased by 19% over the 18 billion 588 million yuan in 2011.

"Inventory growth of textile and garment industry"

The continued downturn is related. "

According to the analysis of the personages in the industry, at present, the spirit consumption and the pursuit of high performance price ratio have become the trend of consumption, while the popularity of the Internet and electric business, and the new business mode give consumers more information and choice, which greatly squeezes the survival space of the traditional garment industry and enhances the competition of the garment industry.

Statistics show that the above 32 listed companies in the textile and garment industry have 28 companies.

Over 100 million yuan, accounting for nearly 90%.

Among them, seven wolves inventory growth for 4 consecutive years.

Statistics show that in the 4 years from 2012 to 2015, the stock of the company was 566 million yuan, 657 million yuan, 743 million yuan and 843 million yuan respectively.

If the inventory growth rate was calculated from 2012 to 2015, the company's inventory of 843 million yuan in 2015 increased by 49% compared with the 566 million yuan in 2012.

According to the annual report of seven wolves, the company's inventory balance at the end of 2015 amounted to 1 billion 325 million yuan, the total provision for depreciation was 482 million yuan and the book value was 843 million yuan.

Among them, in the huge inventory, the highest proportion is the seven wolves inventory goods, the end of the book balance is 936 million yuan, the provision for depreciation is nearly 400 million yuan.

Insiders analyzed that the biggest reason for the seven wolf assets impairment is the unsalable inventory.

Seven wolves said that in 2015, the company faced with a weak external economic environment, but also faced with rapid changes in the retail consumption situation, requiring companies to constantly carry out restructuring and reform, and seek breakthroughs in the adjustment.

However, although the main business mode of the company needs to be changed, it can not be achieved overnight.

The industry believes that the reason why the seven wolves are unmarketable products, on the one hand, is that the offline channel has been hit by the brand of the electricity supplier, and on the other hand, the goods have been repeatedly detected unqualified.