"2017 Annual Report On The Development Of Listed Companies In Textile And Garment Industry", 166 Main Textile And Apparel Listed Companies Are The Pioneers In The Development Of The Industry.

In May 25th, the 2017 annual report on the development of Listed Companies in textile and garment industry (hereinafter referred to as "report") issued by the China Textile Planning Research Association was released in Beijing.

Feng Dehu, executive chairman of the China Textile Planning Research Association, Yu Yizheng, executive vice president, attended the press conference and interpreted the report.

It is reported that the report is made up of the basic situation of profitability, operation and development of Listed Companies in textile and garment industry, the annual comprehensive evaluation and evaluation results of the listed companies in textile and garment industry, the prediction of the development trend of textile and apparel listed companies in 2018/2019, and the illustration of the operation and development of the listed companies in the 2013-2017 years of Shanghai and Shenzhen's two major textile and garment companies, the analysis and interpretation of the relevant situation of China's national economic development in 2017 and the interpretation of the development of domestic capital market in 2017.

Feng Dehu said at the press conference that the report stresses the importance of digitally speaking. It is a chronological reference book that focuses on the annual development and trend of Listed Companies in China's textile and garment industries. It aims to provide authoritative references for scientific decision-making and national macroeconomic management of relevant enterprises and departments, and provides reference for all kinds of consulting analysts and investment analysts of stock investment.

Listed companies are better than general industry enterprises in the future.

The report pointed out that as of December 31, 2017, there were about 199 listed companies in textile and clothing related markets in Shanghai and Shenzhen two, with a total market value of 2 trillion and 216 billion 795 million yuan.

The proportion of enterprise households and market capitalization in the listed companies in Shanghai and Shenzhen two cities was 5.71% and 3.91% respectively, and the Shanghai and Shenzhen two cities had about 166 listed companies mainly in textile and clothing, with a total market value of 1 trillion and 543 billion 224 million yuan.

The proportion of enterprise households and market capitalization in the listed companies in Shanghai and Shenzhen two cities was 4.76% and 2.72% respectively. In the three new board listed companies, there were about 166 listed textile and garment enterprises, 1.43% of the total listed companies in the stock pfer system, and 0.77% of the market value.

In the Shanghai and Shenzhen two cities, 166 main textile and apparel listed companies accounted for 79 main board, 74 small and medium board, and 13 gem.

The proportion between the three is 47.59:44.58:7.83% respectively.

In 2017, a total of 419 enterprises in Shanghai and Shenzhen two realized IPO and raised 218 billion 600 million yuan.

Among them, a total of 19 textile and garment enterprises were listed on IPO, the scale of financing was about 13 billion 149 million yuan, and the number of entrepreneurs and the scale of financing were 4.53% and 6.02% respectively.

Of the 19 newly listed textile and apparel companies listed in the year, most of the apparel and industrial textiles processing enterprises accounted for 36.8% and 31.5% respectively.

At the same time, the number of new and high-tech textile and apparel companies listed on the whole year accounted for about 84.2% of the total number of high-tech enterprises representing textile fashion, clothing and clothing and green new materials.

A total of 29 textile and garment enterprises were listed on the national stock pfer system (new third board) in 2017.

Among the newly listed textile and garment enterprises in the year, the majority of clothing and apparel enterprises accounted for 41.38%.

By the end of 2017, the number of textile and apparel listed companies in the industry above the scale was only 0.86%, but the proportion of assets accounted for 27.02%, much higher than the average level of the industry. The main business income accounted for 11.84% in the whole industry, and the profit accounted for 18.44%.

From the above data, we can see that the quality and profitability of textile and apparel listed companies are significantly better than those of the general industry in the industry.

The position of textile and apparel listed companies in textile regulation 2017

Profitability continued to increase and earnings quality improved steadily.

The report shows that in 2017, the overall situation of the operation and development of the listed companies of textile and clothing in Shanghai and Shenzhen two cities is: the profitability has been continuously enhanced, and the quality of proceeds has been steadily improved.

From the six major indicators of profitability and earnings quality, the average net asset yield, total asset return, net sales interest and gross profit margin of textile and apparel listed companies increased by 32.61%, 9.77%, 14.31% and 4.38% respectively in 2017.

The net income operation index and cash operation index of earnings quality indicators declined in varying degrees compared with the previous year, but they are still in the safe and stable data area.

In 2017, the overall profit of 166 listed companies in textile and garment industry was generally good.

The total net assets of the whole industry amounted to 651 billion 72 million 672 thousand and 600 yuan, an increase of 21.29%% compared with 2016. The total operating income was 793 billion 436 million 986 thousand and 100 yuan, an increase of 34.81% over 2016; the total profit was 68 billion 572 million 731 thousand yuan, an increase of 24.31% over 2016; net profit was 54 billion 251 million 468 thousand and 100 yuan, an increase of 26.24% over 2016.

From the three terminal industries and professional fields of the textile and garment industry, the net asset return index of "printing and dyeing, dyestuff processing and environmental protection" and "home textile processing industry" and "textile and commerce circulation" is divided into the top three. The gross profit margin index is from "clothing and garment processing industry", "home textile processing industry" and "spinning machine spinning machine".

"The first three; the net sales rate index is divided into the top three from the" textile business circulation "," textile machinery and spinning industry "and" printing and dyeing, dyestuff processing and environmental protection ".

It is noteworthy that although the operating situation has declined compared with 2016, cash generating capacity and cash flow quality have declined in varying degrees.

In addition, in 2017, the average assets and liabilities ratio of the 166 listed companies in the two cities of Shanghai and Shenzhen was 37.41%, slightly lower than that in 2016.

Among them, the proportion of current assets and current liabilities were 55.74% and 83.80% respectively, all higher than those in 2016, and the solvency of enterprises decreased slightly, but basically remained stable.

Among them, the mobile ratio was 2.63, the quick ratio was 2.01, and the cash ratio was 0.96, which was 2.59%, 3.37% and 4% lower than that in 2016.

At the same time, the report also gives a detailed analysis of the development potential of the textile and apparel listed companies in Shanghai and Shenzhen in 2017, the situation of R & D investment, the situation of losses, the issuance, the rights issue and the reorganization of the companies in the two cities.

The A tournament system speaks in numbers to become a third class hospital of listed companies.

Feng Dehu said that the report was collected, collated and analyzed on the basis of powerful system data.

This is mainly due to the newly upgraded Asys.16 evaluation system.

"According to the technical support of the system, in the less than 10 days after the date of the disclosure of the annual report of the listed company (April 30th), we completed the statistical analysis of the relevant data and compiled the report."

According to the introduction, the A competition evaluation system is based on the three annual financial reports (quarterly reports and monthly reports) of the balance sheet, the profit statement and the cash flow statement, which are publicly disclosed by listed companies. By selecting more than 50 assessment indicators, establishing more than 30 mathematical models, weight allocation, data processing and score pformation, the comprehensive evaluation and evaluation of the profitability, income quality, operation capacity, debt paying ability, capital structure, cash flow situation and development potential of listed companies are carried out.

The A competition evaluation system is also a set of scientific, reasonable and feasible performance evaluation system for listed companies in China's textile and garment industry.

The system data acquisition is simple, the data analysis is scientific and reasonable, and the conclusion is objective and real.

The result of the assessment is entirely based on numbers, which successfully solved the problems of incomplete statistics and difficult collection of various types of data in the existing industries (or enterprises), and completely eliminated the error factors caused by various experts' qualitative assessment and grading.

Feng Dehu said: "the A tournament system is the" third class hospital "and" CT machine "of listed companies. It can do diagnostic services for enterprises, open up problems, solve problems and break through bottlenecks, and make strategic consultation.

It can not only help enterprises make plans, but also practice them.

It is learnt that, according to the Asys.16 system of the comprehensive evaluation system for the operation and development performance of the listed companies in the textile and garment industry, the report also evaluates the operation and development of the listed companies or listed companies of textile and clothing based enterprises in the Shanghai and Shenzhen two cities and the stock pfer system (new third board) in the year 2014~2017, and ranks the evaluation results.

The results will be officially released in July at the two expansion conference of the China Textile and apparel listed company and the Executive Board of the listed company of textile and garment industry.

The overall evaluation and evaluation of the operation and development of the listed companies (or listed companies) in the two cities of Shanghai and Shenzhen and the stock pfer system (new three boards) based on textile and clothing

At that time, the forum will also "seize".

The theme of "changing trends and achieving high quality development" focuses on topics such as hot issues, difficulties and other topics in the aspects of listed companies' brand, investment value, asset restructuring, investment and financing risk assessment, etc.

This will be the first high level and cross level national professional forum to be discussed in the industry to combine the listed companies with the development of textile and garment industry.

The study will relocate itself and actively integrate production and finance.

At the same time, the China Textile Planning Research Association also announced the work in May before 2018.

Feng Dehu said that with the new orientation of the "innovative driven technology industry, responsibility oriented green industry and culture led fashion industry" endowed by the textile industry, the research committee's work orientation has also been pformed from the previous pure planning research to the current "in-depth exploration of the industry's forward-looking development and the operation and development of the textile and garment listed companies, and the discussion and communication on the textile industry's industrial economy, industrial technology, industrial finance, production and urban integration, and the adjustment and upgrading of the industrial structure."

The membership of the association is also composed of three parts, namely, the leading industries (or advantages) and various listed companies, tertiary institutions and research institutes, as well as the textile and garment associations and chambers of Commerce.

Yu Yizheng also said at the meeting: "under the leadership of the SASAC and the China Textile Industry Federation, with the continuous improvement of the service level and development capability of the association, we will continuously improve the role and influence of the association in promoting the development of the industry, and make the association strive to become an industry development association with distinct professional advantages and service characteristics.

This is the driving force for our unremitting efforts and our goal of self building and development in the near future.

It is reported that the basic idea of the 2018 research conference is to

Demand and product thinking are oriented, integrating resources as means to enhance service capabilities.

At the same time, actively carry out integration of industry and finance.

With the support of capital, fund, brokers and venture capital companies, the Research Council is actively organizing and initiating the establishment of a special development fund for the textile and garment industry.

At present, the first special fund for industrial development, the "zero emission technology development fund for textile printing and dyeing wastewater", is actively being initiated by the leading enterprises in related industries (or listed companies), relevant environmental protection enterprises (or listed companies), and venture capital, funds, brokerages and investment companies.

The main task of the special development fund is to organize and promote the promotion of textile prospective development projects (or application of achievements) in the industry (for example, the promotion of textile printing and dyeing wastewater zero discharge technology). The task of the research group is to promote the development of some forward-looking projects in the textile and garment industry by joint capital, and organize the promotion and promotion activities of the industry's forward-looking projects or technological achievements.

Combined with the professional advantages and service characteristics of the association, we actively explore the joint venture with capital and financial institutions and sign with venture capital capital.

Cooperation agreement.