Semi Annual Reports Of Textile And Apparel Listed Companies Have Been Released: Pformation And Integration Is The Keynote.

In the two tier market, 1~5 month was driven by the rise in the market and the market driven by the theme. The valuation of the garment textile board continued to increase significantly. In June, the valuation of the home textile market was significantly reduced by the systematic decline of the market.

In the first half of the year, China's textile yarns, fabrics and products were exported for 52 billion 912 million US dollars, down 0.7% from last year.

According to the statistics of the China National Business Information Center, in 2015 1~6, the retail sales of clothing commodities of hundreds of key large retail enterprises increased by 3.7% over the same period last year, and the growth rate increased by 2.5 percentage points over the same period last year.

From subdivision

In view of the sharp decline in cotton prices since the fourth quarter of last year, cotton textile listed companies are not operating well.

Due to the revival of downstream demand such as sportswear and fast fashion apparel, Huafu color spinning (002042) has a relatively good performance with the main color spun yarn of Baron East (601339).

The net profit of Huafu color spinning in the first half of the year was 3 billion 830 million yuan and 226 million yuan, respectively, up 5.01% and 59.93% compared with the same period last year.

Its net profit is substantially higher than its revenue growth, mainly because of the narrowing of domestic and foreign cotton prices and the further cost reduction.

In addition, about 68 million yuan of policy subsidies increased the operating income of Huafu color spinning by 68.34% over last year.

There is no such revival in the downstream of A (000726).

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At present, domestic and foreign cotton prices are still in a downward trend, sales volume is carefully affected by customer orders, and the company's short-term performance is under greater pressure.

In the first quarter, the net profit of Lu Tai A decreased by 28% compared with the same period last year, so its net profit in the first half of the year is expected to decline by about 20%.

The main textile industry in Shandong, Ruyi (002193), achieved operating income of 283 million yuan in the first half of the year, an increase of 0.58% compared with the same period last year, and net profit of 11 million 822 thousand yuan, up 30.60% from the same period last year.

In terms of brand clothing, the performance of high-end male and female fashion companies is still depressed due to the lack of market demand.

In particular, the recently adjusted women's clothing market has been greatly affected in recent years.

If the shares of the shares (002612) were affected by the changes in the industry environment and traditional consumption habits, the operating income was 3.27 billion yuan in the first quarter, 2.09% of the year-on-year decline, and the net profit of 3612 yuan, down 41.56% from the same period.

Against this background, it is imperative to promote strategic pformation.

In this year, the group put forward the strategy of "Pan fashion ecosystem", continuously participating in the stock market, buying APP brand "star Wardrobe", building up the strategic layout of "Internet + fashion" with Lianzhong international, and set up a wholly owned subsidiary in Hongkong in June to pave the way for the investment in domestic and foreign markets and the introduction of vertical fashion brands.

Therefore, a number of agencies have raised the rating of the group and maintained an optimistic attitude towards its strategic pformation.

The main high-end men's wear card Road (002656) is also looking for new market growth.

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After acquiring the equity of Levitas 51%, a fashion sports brand DB, which is the main soccer player in Italy, DB owns the operation of Greater China, and plans the industry fund to invest mainly in foreign brands.

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Benefiting from the steady growth of the brand clothing business and the sharp rise in the domestic capital market in the first half of the year, the net profit of YOUNGOR (600177) is expected to increase by about 50% over the same period last year.

Hai Lan home (600398) expects net profit growth in the first half of the year 30%~40%.

In the field of casual wear, the search company (002503) established a factoring subsidiary in May this year to enter the supply chain finance field of the apparel industry.

Through the high value-added financial business, we found a new profit growth point.

In the first half of the year, the search business achieved 864 million yuan, an increase of 52.02% over the same period last year and a net profit of 109 million yuan attributable to shareholders of listed companies, an increase of 47.39% over the same period last year.

The Semir clothing (002563), which is also a casual wear brand, adopts the Internet to create a new business mode. The children's clothing industry is in a high cycle of prosperity. The company's operating income and net profit level are all in the forefront of the industry. Although it has not yet published the China daily, its performance is still far ahead of other leisure apparel listed companies.

In the first quarter, the company achieved operating income of 16.5 billion yuan, an increase of 13.60% over the same period last year. The net profit attributable to the parent company was 196 million yuan, an increase of 21.98% over the same period last year.

With regard to sports costumes, with the successful bid for the 2022 Winter Olympics in Beijing and Zhangjiakou, market demand is expected to increase steadily.

Pathfinder (300005), as a leading outdoor apparel company in China, has recently invested 800 million yuan in 21 of the $21 billion in non-public offering.

According to the report, the net profit of the Pathfinder in the first half of the year is estimated at 143 million yuan, an increase of 16.5% over the same period last year.

Ma Li, an analyst of Galaxy textile and apparel industry, pointed out that there was no marked improvement in terminal demand in the home textile market. It is estimated that the growth rate of the first half income of the home textile (002293) is expected to be unchanged from the first quarter, benefiting from the improvement of the inventory structure, and the gross profit margin is expected to rise year on year.

Fuanna (002327) net profit in the first half is expected to grow by about 10%.

According to the semi annual reports of listed companies, some of the enterprises with positive pformation have taken the lead in the upward trend, but the overall recovery of the sub sectors is still lacking.

Support.

On the whole, the textile and garment industry is still focusing on pformation and integration.