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In the first four months, China’s garment enterprises above designated size exceeded 730 billion yuan.

In the first four months, China’s garment enterprises above designated size exceeded 730 billion yuan.

  • Categories:Public Welfare
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  • Time of issue:2017-06-01
  • Views:22

(Summary description)According to the data released by the National Bureau of Statistics on May 27, in the first four months of 2017, China’s textile and apparel and apparel enterprises above designated size achieved operating income of 731.40 billion yuan, an increase of 7.4% compared with the same period of last year. Among them, the main business income was realized. 723.78 billion yuan, an increase of 7.5% compared with the same period of last year. In the first 4 months, China's textile and apparel and apparel enterprises above designated size achieved a total profit of 41.22 billion yuan, an increase of 9.0% compared with the same period last year.

In the first four months, China’s garment enterprises above designated size exceeded 730 billion yuan.

(Summary description)According to the data released by the National Bureau of Statistics on May 27, in the first four months of 2017, China’s textile and apparel and apparel enterprises above designated size achieved operating income of 731.40 billion yuan, an increase of 7.4% compared with the same period of last year. Among them, the main business income was realized. 723.78 billion yuan, an increase of 7.5% compared with the same period of last year. In the first 4 months, China's textile and apparel and apparel enterprises above designated size achieved a total profit of 41.22 billion yuan, an increase of 9.0% compared with the same period last year.

  • Categories:Public Welfare
  • Author:
  • Origin:
  • Time of issue:2017-06-01
  • Views:22
Information

According to the data released by the National Bureau of Statistics on May 27, in the first four months of 2017, China’s textile and apparel and apparel enterprises above designated size achieved operating income of 731.40 billion yuan, an increase of 7.4% compared with the same period of last year. Among them, the main business income was realized. 723.78 billion yuan, an increase of 7.5% compared with the same period of last year. In the first 4 months, China's textile and apparel and apparel enterprises above designated size achieved a total profit of 41.22 billion yuan, an increase of 9.0% compared with the same period last year.

 

Guangfa Securities analyst Yan Hanjie said that at present, the textile and garment industry is in the trend of improving performance. From a fundamental perspective, the textile and garment industry has been in the stage of adjustment and integration in the past few years, and the overall performance is dull. From the transaction level, the local level The market value of textile and apparel listed companies is small, mainly private enterprises, flexible operation, and many thematic investment opportunities. Therefore, the previous game investment is more, the overall valuation of the industry is higher, and the new IPO release and refinancing regulations are reduced to some extent. At the end of the valuation of small-cap companies, the valuation of the textile and apparel industry has been declining since the beginning of 2017, and the investment risks of the industry have gradually digested.

 

In the view of Yan Hanjie, the reasons for the weak recovery of the brand apparel retail industry this year are mainly: 1) Starting from the second half of 2016, the trend of mid-to-high-end consumption picking up is obvious, and the brand retail sector benefits. 2) The brand retail sector has passed the first few The adjustment and integration of the year, the survival of the fittest, the quality of products and cost-effective, consumer experience have significantly improved.

 

Yan Hanjie introduced that observing the performance of local clothing listed companies, since 2017, the differentiation of brand retail sector is more obvious, and the children's wear industry is undoubtedly the most prosperous field at present, with about 20% in each statistical period. Revenue growth; while the sales performance of the home textile industry continued to improve, there is a pulling effect of the real estate cycle; the growth of the casual wear industry is weak, the domestic casual wear listed companies focus on the public positioning, and its lack of growth also reflects the general sales of mass consumer goods. Men's wear and women's wear industry in the first quarter of the 17th quarter, the growth rate is bright, mainly because the middle and high-end consumption is picking up, driving the consumption of related products.

 

Zhu Jianfang, a senior researcher, believes that this year, with the global economic recovery, the external demand environment has improved, and imports and exports have improved significantly compared to last year. The prices of domestic industrial products are still relatively high, and enterprises have a strong willingness to produce and invest. The “Zhugra” cycle is still on the way, manufacturing investment will continue to improve, and the internal kinetic energy of the economy will gradually recover. However, industrial prices will not return to deflation, while industrial enterprise earnings growth has weakened but is still in the improvement range.

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