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Customer first, service attentively

Customer first, service attentively

Companies adhering to the "guarantee quality quality, maintain a good reputation" business philosophy
Adhere to

Adhere to "customer-centric"

Companies adhering to the "guarantee quality quality, maintain a good reputation" business philosophy

The textile and garment industry has entered a period of weak recovery, and the most difficult period will still pass.

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2017-06-27 01:00
  • Views:25

(Summary description)Recently, the People’s Daily has conducted an in-depth investigation of more than 100 entities in three provinces and six cities. The most difficult period is basically the past, but it may be repeated.

The textile and garment industry has entered a period of weak recovery, and the most difficult period will still pass.

(Summary description)Recently, the People’s Daily has conducted an in-depth investigation of more than 100 entities in three provinces and six cities. The most difficult period is basically the past, but it may be repeated.

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2017-06-27 01:00
  • Views:25
Information
Recently, the People’s Daily has conducted an in-depth investigation of more than 100 entities in three provinces and six cities. The most difficult period is basically the past, but it may be repeated.may be repeated.
 
What is the temperature of the textile industry? Is the difficult day gone?
 
Recently, 70 home textile companies listed in Shanghai and Shenzhen disclosed the 2017 semi-annual report. Most listed companies are the vanguards of the industry. Although not the whole industry, the changes in the industry can still be found in this report.
 
According to the report, it is estimated that there are 20 net profit of 100 million enterprises, 30 of which have a net profit of more than 10 million yuan, and nearly 80% of the net profit is expected to grow rapidly.
 
Large corporate stock market is expected to rise
 
Rongsheng Petrochemical expects net profit of nearly 1.2 billion yuan to rank first, Senma is expected to achieve net profit of 513 million yuan, ~ 6.66 billion yuan ranked second, Huafu Textile expects first half of net profit of 291 million yuan to 481 million yuan, ranked third.
 
For the high-growth performance, Rongsheng Petrochemical said that the main reason is that the aromatic plate will be conducive to stable release, which will greatly increase the company's profitability. Compared with the same period of last year, the PTA sector and the chemical fiber segment market are relatively stable.
 
Taking Senma clothing as an example, the rapid growth of the company's performance was mainly due to the continuous improvement of the casual wear business, the steady growth of the children's business and the rapid development of the Internet business, which promoted its performance growth. In the process of the company's transformation to children's wear, the company's performance is more prominent. From the first quarter of 2017, the sales of the children's wear brand “Balaba” still maintained a double-digit growth and continued to consolidate its position as a leading brand.
 
Some stakeholders said that textile and garment enterprises must now be based on the transformation of market consumption and better sales of products, which is one of the main reasons for improving corporate performance. Taking Washington as an example, the semi-annual pre-history is based on three reasons: one is the sales growth of the main yarn, the product structure is optimized; the second is to develop the chain network after the end of the business; the third is to strengthen the integration of resources and internal management, through this The completion of the project will reduce the current cost.
 
Analysts at Great Wall Securities believe that domestic cotton prices are basically stable, overseas yarn prices have risen sharply, domestic demand has rebounded slowly, and the overall business of textile manufacturing is higher. As the reform of the supply side and the reshaping of the industrial chain, the future resource advantages will gradually flow to large enterprises. Large enterprises will further extend the upstream and downstream of the industrial chain, orders will gradually concentrate, market share will be concentrated, and the market share of large enterprises is expected. Improve, the survival of small businesses is getting more and more difficult. In the future, small enterprises will only seek development through resource restructuring, brand innovation, channel diversification, and expansion of financing. However, due to changes in regulatory policies, weaker competitiveness, smaller-scale enterprise resource realization channels directly through selling shells. Such closed market value.
 
M&A and new business transformation to promote growth
 
According to a number of institutional research reports, the textile and garment industry has entered a stage of weak recovery. From a performance perspective, mergers and acquisitions and new business transformations have led to a significant increase in the company's performance.
 
In the company with a net profit pre-increased clothing company, the company reported the highest growth rate of Hyundai Avenue in 2017. It is estimated that the net profit attributable to listed companies will reach 95 million yuan~ shareholders will be 1.05 billion yuan, about 447.60% ~ increase 484.19% compared with the same period of last year; Caesar is expected to achieve pre-training, belonging to the listed company's net profit of about 88.97 million 9300 yuan ~ 1.11 yuan shareholders, accounting for 100% - growth of 150%; Ludwig Nash pre-increased, expected net profit and the same period last year Compared with the increase of nearly 50% ~ 120% of the annual achievement attributable to shareholders of listed companies.
 
Taking Hyundai Avenue as an example, M&A has become one of the reasons for the growth of corporate performance. During the reporting period, the equity of the subsidiary company shall be obtained; the company acquired in 100% equity of Wuhan Gaoxin Network Technology Co., Ltd., the company will be included in the consolidated financial statements.

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