Market Shrinkage Results In Performance

Of the 39 companies that have published annual reports, 24 have reduced their operating profits. Among them, China's < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > not only has a loss of operating profit, but a net profit drop of 1608%.

< /p >

< p > < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > the garment industry is faced with various unfavorable factors such as market shrinkage, labor cost increase, raw material cost increase and so on. However, according to the achievements of the listed companies of textile and garment industry published in 2012 Annual Report, there are still more than 90% companies' net profit achieving positive growth.

< /p >

< p > statistics show that as of noon on April 7, 2013, 39 listed companies in the textile and garment industry published annual reports, of which 35 companies had positive growth in net profit, and only 4 companies reported losses.

In 2012, YOUNGOR realized net profit of 1 billion 599 million yuan, ranking first; net profit loss was the most prominent of VIC, and the company lost 147 million yuan in 2012.

< /p >

< p > < strong > the market has shrunk and the performance has been reduced > /strong > /p >

< p > 2012, both the export and the domestic sales of garment industry were shrinking.

According to public figures, the export volume of garment industry in 2012 was 160 billion 155 million US dollars, an increase of 4.53% over the same period last year, and the number of exports was 28 billion 912 million, down 1.07% from the same period last year.

In terms of domestic sales, the retail sales of clothing commodities above the total limit amounted to 977 billion 800 million yuan, an increase of 18% over the same period last year, down 6.2% from the same period last year.

< /p >

< p > influenced by market factors, the textile and garment industry in 2012 was not very good, and most of the company's business profits declined.

According to statistics, in the 39 companies that have published annual reports, 24 companies have declined in operating profits, and even 9 companies have negative operating profits.

The operating profits of Huafu color spinning, Vico essence, deep textile A, ST Maya, Phoenix Bamboo textile, Chinese clothing, ST Xinlong, Sanmao Pai Shen and Nanjiang B are all negative values of the 9 companies.

Among them, Huafu color spinning business loss is the largest, reaching 139 million yuan, down 131.04% compared with the same period last year.

< /p >

In addition, the performance of Chinese clothing in 2012 dropped significantly. The company not only lost its operating profit, but also dropped its net profit by 1608.32%, which is the largest decline in net profit in textile and apparel companies that has announced annual reports.

< /p >

< p > for the textile and garment industry listed companies operating profit decline, insiders believe that the domestic labor force prices rise, the RMB exchange rate is also rising slightly, resulting in China's garment processing products in the international competitiveness decline.

Domestic consumption is affected by last year's economic situation, and retail sales, including general merchandise, are not optimistic.

The rise in labor costs has made clothing, a target= "_blank" href=, //www.sjfzxm.com/, shoes, /a, toys and other enterprises face great difficulties, and there are also problems in the sales channels of clothing brands.

< /p >

< p > < strong > < a > target= "_blank" href= "//www.sjfzxm.com/" > brand clothing > /a > strong performance < /strong > /p >

< p > although the pressure of textile and garment industry is very heavy in 2012, the performance is still strong for clothing companies with independent brands.

< /p >

< p > according to statistics, among the above 39 listed companies, the listed companies with the highest net profit are mostly brand clothing companies.

For example, YOUNGOR, a target= "_blank" href= "//www.sjfzxm.com/" > dress < /a >, seven wolves (franchised stores), search special, Langer, Hinur and Shanshan stock, the net profit is over 100 million yuan.

< /p >

< p > 2012, among the above brand clothing companies, YOUNGOR had the highest net profit of 1 billion 599 million yuan, the net profit of the United States clothing reached 850 million yuan, and the net profit of seven wolves was 561 million yuan.

In addition, the net profits of search, stock, Shanshan and Hinur were 273 million yuan, 231 million yuan, 159 million yuan and 140 million yuan respectively.

< /p >

< p > from the above brand clothing company's achievements, we can see that our independent brand clothing has great room for improvement.

In this regard, a senior brand clothing company said that the company must produce clothing with its own distinctive brand, and China's own brand clothing enterprises have great prospects for development.

< /p >

< p > sales of domestic brand clothing companies are gradually improving.

Among the above 39 listed companies, 13 companies have gross margins of over 30%, and 9 companies sell gross margins of over 40%.

Among them, the gross profit margin of the group's sales is 61.10%, Kaiser's share is 51.70%, YOUNGOR is 49.24%.

< /p >