Textile And Garment Industry Enters A Weak Recovery Stage

According to the world clothing and shoe net, as of June 29th, there were 47

Clothing industry listed companies announced the first half of the performance notice, 37 pre Hi, accounting for 78.72%.

Insiders said that thanks to the devaluation of the renminbi in 2016, domestic cotton prices stabilized and demand rebounds.

The industry has entered a weak recovery stage, and the industry has been booming. Mergers and acquisitions and new business pformation have contributed to the obvious growth of some companies' performance.

The overall performance is bright.

Among the 37 companies that reported the first half of the year's performance, 10 increased by 7, with a slight increase of 18, and 2 of them lost their profits.

According to the expected net profit ceiling, there are 16 companies with net profit exceeding 100 million yuan, 9 companies over 50 million yuan, 6 companies with a net profit increase of more than 100%, and 5 more than 50% companies.

Deducting the property from Hong Kong share disposal, the net profit is expected to reach 490 million yuan.

The estimated net profit of clothing is 513 million yuan -6.66 billion, ranking first; the net profit of Huafu color spinning is 391 million yuan -4.81 billion yuan, and the net profit is about 313 million yuan -3.68 billion yuan.

For the main reason for the growth of net profit, Semir apparel said that the leisure wear business continued to improve, the children's business grew steadily, and the Internet business developed rapidly, thus promoting the growth of the company's performance.

From the first quarter of this year, the sales of children's wear brand balbala increased by more than two figures, and the leading position of children's wear brands continued to consolidate.

Huafu color spinning said that the main business yarn sales increased, product structure optimization.

Tianfeng Securities believes that Huafu color spinning occupies a major share in the middle and high-end color spinning market, and the product price has competitive advantages.

The supply chain management and brand management related businesses have been developing rapidly, and the performance in the first half of this year is expected to increase significantly.

Haitong Securities analysis thinks that the scale of textile and garment industry is large, the chain is long, the links are many, and the operation efficiency is low.

Relevant data show that in 2017 1-5, retail sales of clothing, shoes, hats, needles and textiles were 594 billion 500 million yuan, an increase of 7.20% over the same period last year. The total export volume was 99 billion 880 million US dollars, up 2.12% over the same period last year, showing a steady warming trend for three consecutive months.

Developing new business

Several institutions report that the textile and garment industry has entered a weak recovery stage, and the merger and new business pformation promoted some companies to increase their performance.

In the company with a larger net profit increase, the net profit increased by 745% after deducting the real estate profit of red beans. The net profit in the first half of the year was 95 million yuan -1.05 billion yuan, up by 447.60%-484.19%.

Modern Avenue has acquired the 100% stake of Wuhan yuenenxin Network Technology Co., Ltd., which has been incorporated into the consolidated statement since May 2017.

Yuet's main business is the development and operation of mobile Internet social networking applications, locating overseas mobile Internet users.

Kaiser culture expects net profit of about 88 million 979 thousand and 300 yuan -1.11 billion yuan in the first half, an increase of 100%-150% over the same period last year.

For the main reason for the growth of performance, the company said that the sky Jia Jia has been incorporated into the merger since June.

After the acquisition of Tian Jia Jia by Kaiser culture, the diversified development platform, which is mainly composed of clothing and online game industry, supplemented by the financial industry, has been gradually constructed, and the pformation and upgrading and structural adjustment have been speeded up by three wheel drive.

Vigna S expects net profit growth of 50%-120% in the first half of this year.

The company said the merger was mainly after the acquisition of TeenieWeenie.

GF Securities research report pointed out that after the acquisition of TeenieWeenie, it enriched the Vigna S brand matrix, formed synergy among customers, design, production and channels, and greatly increased the company's profits, providing stable cash flow. Through learning its pnational operation experience, it steadily promoted the international development of the company.

More interesting reports, please pay attention to the world clothing shoes and hats net.