The Garment Industry Maintains A Weak Growth Trend, And The Net Profit Of Fujian Enterprises Has Increased Year After Year.

As of 2018, the first three quarters of Shanghai and Shenzhen two cities

The disclosure of financial reports of listed companies is all over.

From the overall data, the industry maintained a weak growth trend.

Among them, the first three quarters of Fujian listed companies seven wolves, nine Mu Wang and other recorded revenue and net profit double growth, but the growth rate is not large.

The industry believes that the short-term industry still needs to pay attention to the "double 11", "double 12" sales promotion effect and the autumn and winter clothing sales rate, but in the long run, the textile and garment industry's head effect may become more and more obvious, the future market brand concentration may be higher and higher.

Min faction business profits net profit rose

Recently,

The listed companies of Fujian faction, such as nine Mu Wang, have released the first three quarters performance reports of the 2018 companies. From the perspective of revenue and net profit, although both companies have achieved positive growth, the pace of development has slowed down.

The seven wolves released the three quarter report in October 29th, announcements that the company's operating income in the first three quarters was about 2 billion 353 million yuan, an increase of 14.5% compared with the same period last year. The net profit of shareholders belonging to the listed company was about 215 million yuan, an increase of 10.18% over the same period last year.

In the third quarter of 2018, the seven wolves achieved an operating income of about 894 million yuan, up 15.60% over the same period last year. Net profit attributable to shareholders of listed companies was about 79 million 850 thousand yuan, up 9.65% over the same period last year.

The company expects net profit in 2018 to be 317 million -3.64 billion yuan, compared with 317 million yuan in the same period last year, a year-on-year change of 0%-15%.

In October 24th, the three quarter report showed that the company's operating income in the first three quarters was about 1 billion 921 million yuan, an increase of 7.74% compared with the same period last year. The net profit of shareholders belonging to the listed company was about 350 million yuan, up 1.86% over the same period last year.

From the announcement, we can see that the growth performance of the three quarter has slowed down.

It is understood that, in the third quarter of 2018, the income of nine Mu Wang increased by 2.5% to 660 million yuan over the same period, and net profit fell to 26.9% yuan to 87 million 10 thousand yuan compared with that of the parent company. The net profit declined from 33.73% to 75 million 240 thousand yuan, mainly due to the opening of new stores in the third quarter, the marketing publicity and research and development input of new brand development, and the exchange loss caused by the ZIOZIA brand.

Industry head effect will be more obvious

Reporters learned that as of October 31st, the first three quarters of 2018, the Shanghai and Shenzhen two cities and textile and garment companies listed on the end of the financial report.

According to statistics, in the first three quarters of this year, 89 textile and apparel listed companies achieved operating income of 217 billion 778 million yuan, compared with 194 billion 871 million yuan in the same period last year, and the net profit attributable to the owners of the parent company was 17 billion 669 million yuan, compared with 16 billion 891 million yuan a year earlier.

From the breakdown of the plate, the first three quarters of 2018, 38

The listed companies achieved operating income of 72 billion 669 million yuan, 66 billion 836 million yuan in the same period last year, and the net profit attributable to the parent company was 48 billion 759 million yuan, compared with 46 billion 408 million yuan in the same period last year.

52 clothing and home textile listed companies achieved operating income of 127 billion 449 million yuan, 117 billion 866 million yuan in the same period last year, and net income attributable to parent companies 10 billion 305 million yuan, compared with 10 billion 26 million yuan in the same period last year.

Shi Hongmei, an analyst at Orient Securities, said that the overall growth rate of the industry slowed down in the three quarter compared with the first half of the year. The impact of the weak retail environment and the uncertainty of economic growth on consumption has been gradually reflected in the three quarterly reports.

In addition, the three quarter began, with the acceleration of the centralization of the electricity supplier flow, the flow of the traditional e-commerce platform that the original brands rely on also showed growth bottlenecks. The slowdown in the growth of e-commerce sales to some extent has dragged down some of the higher Brand Company on the Internet.

However, the industry pointed out that the short-term need to focus on the textile and garment industry's online growth, including the "double 11", "double 12" sales promotion effect and the autumn and winter clothing sales and so on.

At the present stage, after the previous rounds of shuffling, the competitive advantages of various subdivision plates have been further enhanced in various aspects, such as channel, supply chain, inventory structure and so on, and the industry head effect will become more obvious in the market fluctuation.

Although the performance growth of leading enterprises in the short term will be reduced by the impact of the big environment, the strength of the leading enterprises is expected to be enlarged to a greater extent after the future market is recovering.