The Results Of The Structural Reform Of The Supply Side Highlighted The Success Of Hong Kong And Other Textile And Garment Enterprises.

The structural reform of the supply side has achieved remarkable results.

Recently, China's textile industry

Plate boom recovery, layout or usher in opportunities, including red bean shares as a brand clothing representatives, the first quarter net profit growth of 51.3% has been the focus of attention.

Sun Yu, chief analyst of the textile and apparel industry of China Merchants Securities, said, "under the background of the warmer consumer demand, Brand Company has been improving its brand operation efficiency after years of integration of inventory, channels and supply chains.

Therefore, from last year, the line of brand clothing and home textile leading companies began to grow again.

In addition, in recent years, this loss and inefficient shop adjustment has come to an end, and this year it has entered a new opening cycle, and the quality of this round of shops is also better than the previous round. Moreover, in view of Brand Company's e-commerce business, this year also maintained a growth rate of 20%.

In terms of red bean stocks, after the listing in the Shanghai Stock Exchange in January 2001, after more than a decade of development, the red bean stock has been deeply planted in the main garment industry and has become the benchmark of the national clothing brand.

In recent years, the red beans have been actively developing "intelligent red beans" to make digital pformation and development, including jointly joining the international consulting giant Accenture to build intelligent red beans, promoting the blueprint plan of information development, promoting the construction of flexible production lines, building intelligent logistics, and creating intelligent stores that focus on the depth of consumers' experience. Taking the whole channel as the main line, using the new technology to speed up the pformation and upgrading of the company and providing quality and parity products for consumers, in April this year, with Jingdong, the layout of "unbounded retail" and the future of wisdom were all achieved good results.

At present, the stock of red beans has exceeded 1000 stores in the country.

The 2017 annual report shows that the company's net profit attributable to listed companies is 608 million yuan, an increase of 281.41% over the same period last year, and a net profit of 161 million yuan after deducting non recurring gains and losses, an increase of 12.84% over the same period last year.

Among them, men's clothing business achieved operating income of 1 billion 810 million yuan, an increase of 35.22% over the same period.

In the first quarter of 2018, the net profit of red bean shares attributable to shareholders of listed companies increased by 56.13% over the same period, HOdo

Operating income increased by 66.53% over the same period, and online sales increased by 86.66% over the same period last year.

"Stand at the current point of view," said Guo Bin, a senior analyst at Tianfeng textile and clothing industry.

Plate valuation is still relatively low, and industry investment risk is relatively low.

We believe that in the future, with the gradual improvement of the performance of leading enterprises, there will be new investment opportunities in the future.

Indeed, despite the recent rebound in textile and apparel industry, the overall plate is still at the bottom of the market in recent years.