The Performance Of Textile And Apparel Listed Companies Is "Ice And Fire".

The reporter made a statistical analysis of the semi annual reports published by 91 textile and apparel listed companies in Shanghai and Shenzhen two cities. Among them, 34 disclosed semi annual performance forecasts for 2016, and nearly 4 of them released the "report card" of the annual report in advance.

Of the 34 companies that have disclosed semi annual performance forecasts for 2016, 2 companies have not been able to determine the profits and losses of the semi annual reports, accounting for about 5.88%; 16 companies have accounted for about 47.06% in advance or in advance; 16 companies expect half yearly growth or earnings, accounting for about 47.06%.

According to the growth of performance, compared with the same period last year, 3 companies expect half annual net profit growth of more than 100% in 2016, and if there is only a limited number of data, the number of companies will double, with only 4. Hinur, three dimensional silk, cross border, search special, Huafu color spinning 5 companies the highest annual growth rate is above 50%. Among them, the net profit growth interval of 390%~440% was ranked the top of the performance growth list, followed by a three wire net profit increase range of 115%~145%, and cross-border net profit increased by 100%~150%.

For the reasons for the high growth of performance, Hinur's performance notice said that the sale of the company's own shops has increased the company's business performance. Three dimensional silk bulletin said that the net profit during the reporting period has increased considerably compared with the same period last year. The main reason is that the new part of this year's new subsidiary machinery industry (Xiamen) Co., Ltd. has undertaken acceptance and confirmed revenue in the second quarter. The cross-border general rules have benefited from the performance of the fast growing cross-border e-commerce business. Search through the supply chain management and brand management related business has been developing rapidly, so that the performance of a substantial increase. The increase of Huafu color spinning new product contributes greatly to the improvement of gross profit margin, and enhances labor productivity through enhanced management and resource integration to achieve performance growth.

It was different from previous years. Textile and clothing The increase in net profit brought by M & A is the main driving force for most of the growth companies. Judging from the main reasons for the growth of the company's growth rate this year, most enterprises promote structural reforms on the supply side and increase the "three products" strategy, which not only reduces the adverse effects of the year-on-year decline in product prices, but also creates conditions for increasing revenue. Listed company The performance notice has always been joyful and worrying. Collating data analysis found that 16 companies in 2016 half year performance is expected to exceed the upper limit of 20% over the same period.

Compared with the same period last year, the profits of the cashmere industry declined sharply, and the net profit fell by 1713.68%~2153.78%. In this regard, the Bank of China industry performance forecast said that during the reporting period, the average selling price of the company's products decreased compared with the same period last year, resulting in a decline in the gross profit margin of the company's sales. The company's textile eco industrial park project was put into operation one after another, and the cost of new fixed assets increased the cost of the product and narrowed the profit space. Capitalization The amount has decreased substantially compared with the same period last year, resulting in an increase in interest expense and financial advisory fees in the current period compared with the previous year. These combined factors have affected the current performance.

Of the 34 textile and apparel listed companies that have disclosed the results of the 2016 China report, 7 have made amendments to the growth or decline in the annual report. Although the performance of the annual report is basically not the same as the actual performance of the annual report, there are always some companies who will turn their faces.

In the stage of general growth of industry performance, Hongda Hi Tech Co., Ltd. as an enterprise engaged in R & D, production and sales of spanport fabrics and other functional fabrics such as automobiles, has declined by an interval of 40%~70%, but still narrowed slightly than the previous deficit range 65%~85%. In this regard, Hongda high tech performance notice amendment notice that the company shares the Haining Hongda equity Cci Capital Ltd received its investment in June 30th SME financing guarantee Limited by Share Ltd's 2015 dividend payment. The company's wholly owned subsidiary, Shenzhen Wilder Medical Electronics Co., Ltd. received a government subsidy in June 30th, which the company considered to be non operating income.

According to the insiders, in the 34 textile and apparel listed companies that have disclosed the 2016 notice, the proportion of slightly decreasing and pre cut companies is slightly flat compared with the slightly increased and prepaid companies. This indicates that China's economy has entered a new normal, and the company's earnings growth has shown a steady trend in stages. It has the characteristics of speed change, structural optimization and dynamic spanformation. It is also reported that Kaiser shares and Shandong Ruyi, which had better performance in the annual report last year, and Erdos, Weiqiao textile and rink, which are the top three of China's 500 most valuable brands in 2016, have not yet disclosed the results of the 2016 report.