50 Listed Textile Enterprises To Disclose A Quarterly Menswear, Women'S Clothing, Home Textile What Industry Boom?

Entering May, 2017 annual report and one quarterly report in 2018 have been disclosed. A number of research institutes have pointed out that in 2017, the textile and garment sector continued to linger in the low position, and the trend began to pick up in 2018, which basically reflected the favorable trend of the industry boom: Home Textiles benefited from high online growth and the need to get warmer under the line, and the income and profits continued to grow rapidly.

Export demand recovers weakly.

Upstream plate sales profit double growth

As of May 9, 2018, China textile daily reporter's more than 90 companies concerned, 50 have disclosed a quarterly report.

In the first quarter, business revenue ranked first in Haiyang's home, Jihua Group, search special, cross border and other enterprises, which were about 5 billion 786 million yuan, 5 billion 384 million yuan, 5 billion 212 million yuan and 4 billion 621 million yuan respectively. Compared with their operating income, the net profit of Wang Nai environment, Anhui Huamao, Henan bird's nest, Xinye textile and weenasse belonging to shareholders of listed companies increased by 1485.24%, 743.71%, 150.21%, 128.36% and 119.64% respectively.

From the point of view of layout, textile industry, the net profit growth rate ranked first in the first quarter of the year, in the first quarter of 2018, revenue was 182 million yuan, an increase of 14% over the same period, and net profit of 50 million 35 thousand and 800 yuan, an increase of 1485% over the same period last year.

According to its announcement, the reason for the change in performance was that the company completed major asset reorganization in 2017 and placed all its assets and liabilities related to textile printing and dyeing into the waste incineration power generation industry, and the projects were stable during the reporting period.

Anhui Huamao, which has a relatively fast net profit growth, achieved 544 million yuan in the first quarter of 2018, an increase of 19.97% over the same period last year, and a net profit of 92 million 218 thousand and 900 yuan attributable to shareholders of listed companies, an increase of 743.71% over the same period last year.

The main reason for the increase in its operating income is that the price of raw materials has also risen in the current period due to the rising price of raw materials, and the two is based on the rapid growth of sales.

Shen Wan Hongyuan securities analysis believes that the rise in downstream demand, the increase in orders, and the increase in the prices of some enterprises brought many revenue improvements to many companies in the sector.

For example, Henan Xinye textile business profit, gross profit and net profit respectively increased by 169.84%, 102.19% and 124.36% over the same period last year, mainly due to the year-on-year increase in sales and gross profit margin in the first quarter of 2018, and net cash flow generated by operating activities increased by 264.30% over the same period last year.

The clothing plate has many legs to walk.

In 2018, a quarterly report showed that electricity supplier ecology continued to penetrate.

Domestic consumer demand for electricity providers has been rapidly excavated, and cross-border e-commerce exports have been further supported by relevant policies.

The electricity supplier brand cross border pass and search still maintained a strong growth rate, cross-border growth in the first quarter of 65%, global Tesco cross-border export business revenue increased by 48.2%, its acquisition of patroxon revenue increased 79.6%.

Positioning the masses

The long-term accumulation effect of the leading brands shows that it is expected to usher in an explosive growth.

The first quarter of 2018 reported that the net profit attributable to shareholders of listed companies was 1 billion 131 million yuan, an increase of 11.97% over the same period last year.

According to the brand, Hai Lan's main brand income was 4 billion 789 million yuan, an increase of 9.48% over the same period, the income of AI Ju rabbit was 339 million yuan, an increase of 71.78% compared with the same period last year, San Keno was 443 million yuan, an increase of 11.20% over the same period last year, and other (sea, family, etc.) 110 million yuan, down 7.91% from the same period last year.

From the point of view of the channels, the revenue of Direct stores increased by 136 million yuan, up 76.23% from the same period last year, and the income of franchised stores and shopping malls was 5 billion 102 million yuan, an increase of 10.58% over the same period last year.

Offline line down to see, the company's offline revenue accounted for 95.11%, but the online growth rate improved significantly, showing bright eye.

Semir's clothing revenue also accelerated growth, ESOP and equity incentives show confidence.

Sports brand Lining continued the trend of performance recovery in the first quarter, which has both the influence of the industry and the driving force of its continuous innovation capability.

Like the appearance of fashion week in New York, there was an upsurge of rush to buy domestic products.

Flush financial analysis that high-end men and women clothing consumption boom continued, the sales rate increased significantly highlighting the high industry boom, store adjustment driven average store efficiency rebounded every quarter.

For example, the performance of the Pacific bird doubled, the channel inventory gradually optimized, the leading point turning upward, the performance of the company increased, the main brand continued to recover, and the new brand grew strongly; An Zheng

Performance growth is gratifying, the main brand nine posture line growth is beyond expectations; the performance of the birds has benefited from the sales growth of the main brands, such as news birds, Haggis, Lok Fei, Kai Mitch, etc., in addition, the company received government subsidies increased from the same period last year and received pre payment compensation from the previous shops. The seven wolves channel stores were adjusted, and the first quarter revenue reached 919 million yuan, an increase of 13.90% over the same period last year, and net profit of 84 million yuan, representing an increase of 18.44% over the same period last year.

The main business of online business accounted for about 20% of the total revenue, an increase of about 30%, and the income of online needle spinning business accounted for about 30%.

Home textile sector outstanding performance continued steady growth

In the home textile sector, in addition to VSI shares, the performance in the first quarter of 2018, such as life, mercury, home textiles, fuanna, Meng Jie shares and many favorite announces, showed a growth trend.

Among them, Luo Lai life again topped the list. In the first quarter of 2018, it achieved 1 billion 172 million yuan in revenue, an increase of 10.75% over the same period last year, and realized a net profit of 156 million yuan, an increase of 33.94% over the same period last year.

The first quarter of 2018's performance change was due to the continued growth of the home textile industry.

In January 2017, the company completed the acquisition of Lexington, which is expected to contribute about 700 million yuan based on the preliminary announcement.

Excluding the combined factors, the main business of home textiles is expected to achieve revenue of 4 billion yuan, an increase of about 25% over the same period, of which the income of online business is more than 1 billion yuan, an increase of over 40% over the same period last year.

According to Changjiang Securities Analysis, based on the revival of terminal consumption, small and medium-sized home textile brands are gradually withdrawing from the market under environmental and cost pressures, while department stores actively clean up inefficient brands, and the flow of electronic commerce platforms to large brands, and jointly accelerate the improvement of the home textile industry.

Based on the meticulous management of stores and the steady expansion of terminal channels, the main business of home textiles in 2018 is expected to continue double-digit growth.

The 2018 quarterly report showed that the net profit attributable to shareholders of listed companies was 32.92% lower than that of the same period last year, and the asset liability ratio was 53.72%, down 3.12% from the same period last year, a new low since the listing. Net cash flow was 111 million, down 29.78% from the same period last year.

The reason for its performance change is that the renminbi appreciated sharply against the US dollar over the same period last year. According to the current exchange rate, net profit in the first half of 2018 is expected to decline by 30%~50% compared with the same period last year.

According to Changjiang Securities Analysis, in the context of channel shuffling and resource scarcity of quality supply chain, the leading domestic textile enterprises have obvious competitive advantages.

The main business of home textiles is expected to continue steady growth on the basis of early recovery, and the steady expansion of large household business is expected to inject new growth momentum into long-term development.