70% The Annual Report Of Listed Companies Increased By &Nbsp; The Apparel Home Textile Sector Is Still Bullish.

As of November 16th, 810 listed companies had issued their 2011 performance forecasts, of which 590 listed companies would make a profit forecast, accounting for 72.84%. 210 said that the performance deficit was 25.93% this year, while 10 companies were not sure that their 2011 profits and losses accounted for 1.23%.

Statistics show that the performance of Listed Companies in clothing, textile, chemical products, computer equipment, general machinery and other industries has increased by 2011.

However, the gloom of the global economy still affects the development of many industries. At least from this statistical point of view, the import and export of general machinery industry, its industry recovery prospects are still uncertain.

Clothing home textiles: next year, the industry is still looking up.

According to Wind information statistics, 18 companies have announced their performance forecasts. clothing In the home textile listed companies, only one company predicted that the 2011 Annual Report will drop by 0% to 30%, and the remaining 17 apparel home textile listed companies predict that their performance will grow 20% to 180%.

There are two more than 100% growth rates: Pathfinder and Jiangsu three friends. Pathfinder Estimate In 2011, the company's performance will grow by 50% to 100%, and the performance of Jiangsu Sanyou in 2011. Increase It is even bigger and is expected to grow by 150% to 180%.

Reporters learned that in mid September this year, Kim Feida issued a notice that the company expects three quarter results will be a loss. Even if the company announcements of earnings beforehand, its share price is abnormal.

At that time, there was a market rumor that the company was engaged in the ODM and OBM business of medium and high class women's clothing. However, due to the downturn in the industry, the company's performance has not been improved. In order to get out of trouble, the company has been looking for new assets injection in recent years. According to media reports, the company has found iron ore and will be injected in the near future.

Why is the overall performance of home textile listed companies rising this year?

In this regard, Wu Xiaoyu, an analyst at Minsheng securities, believes that the reasons for the overall rise of the apparel home textile industry are mainly due to the continuous rise of the industry boom, the continuous expansion of the competitive advantage of enterprises, and the high gold content of home textile enterprises.

In August this year, the China international home textile exhibition was held in Shanghai. It is reported that this exhibition is the most important year in terms of scale, exhibitors and spectators.

Wu Xiaoyu believes that from this exhibition, we can see the future trend of this industry's rapid development. In his view, in the next 3-5 years, the home textile industry will still maintain more than 20% growth.

Secondly, from the perspective of trade barriers, the domestic textile and garment industry has a high trade barrier, and the competitive advantage of the first tier enterprises is also expanding.

At present, home textile enterprises that have been listed can make full use of capital platform to get the advantage of first mover. When foreign textile enterprises enter the Chinese market, because of the channel development, brand awareness and other reasons, they generally seek agency sales of domestic textile enterprises, so the pressure on domestic enterprises to compete directly with foreign brands is much smaller. Wu Xiaoyu analysis thinks.

In addition, the reasons for the encouraging growth of home textile enterprises are also due to the high gold content in many industries. Analysts said that the core performance of home textile and garment enterprises increased rapidly and continuously, while the extension of the industry still had a broad space for growth, while the increase and increase in endogenous growth could continue to be maintained, coupled with less pressure on inventory. Therefore, in 2012, the status of the mass lover of home textiles is still hard to shake. {page_break}

Chemical products: prices of raw materials bring benefits

Wind information statistics show that in 52 chemical enterprises, 41 listed companies released annual reports in 2011, which added a good news to nearly 80%. Another 11 listed companies predicted that there will be a loss in 2011 Annual Report, of which the most serious loss is *ST titanium dioxide, and the loss is expected to be as high as -1003.31%.

14 chemical companies expect to increase their performance forecasts by more than 100% in 2011. Among them, the top three listed companies are red sun, Huachang Chemical Industry and Weiyuan biochemical industry. Three of them are expected to grow by 736.2%, 680% and 523.14% respectively in 2011.

Taking Huachang Chemical Industry as an example, the reporter learned that in October 18th this year, the company announced that it would introduce strategic partners because of the needs of industrial chain construction. It is reported that Huachang Chemical Industry intends to participate in the investment of Donghua's energy non-public offering. It plans to invest 150 million yuan to subscribe for 15 million shares of the company.

According to the company's introduction, through this strategic cooperation, the company's industrial chain will be effectively extended to enhance the core competitiveness of the product.

"Now the company's performance is more resilient to product prices, while propylene industry chain products will become the bright future of the company." Feng Xiantao, an analyst at Changjiang Securities (micro-blog), thinks that

According to the announcement of Huachang Chemical Industry, the company intends to set up Yangzi Petrochemical Company (holding 22% stake) in Donghua energy and fly chemical industry, and build 1 million 200 thousand tons of propane to propylene project. According to analysts, according to the 22% stake in Huachang Chemical Industry, its net profit is 98 million 120 thousand yuan. According to the current 261 million capital stock calculation, it can increase earnings per share by 0.38 yuan.

Although the completion of the project will bring considerable benefits to the company, analysts suggest that investors can wait and see for another IPO project.

It is reported that another IPO project, the 1000 ton / year sodium borohydride project, has been built, but the company is still in the commissioning stage due to the adoption of a new technological route. Analysts expect that in the short term, it will not make a larger profit contribution to the company.

However, with the recent fall in prices of basic raw chemicals, some market analysts believe that this may bring positive benefits to the downstream chemical industry as a whole.

"We note that since 2010, prices of relatively strong chemical products have generally dropped significantly, and prices of raw materials have fallen well, and downstream industries have reduced costs." Guoxin Securities analyst Liu Xuming analysis.

Liu Xuming said that after the domestic phosphate and compound fertilizer conference, the fertilizer started in the off-season as scheduled, and the compound fertilizer enterprises also planned to start work again and clear down the offer, but the wait-and-see mentality of the downstream enterprises is still very heavy. {page_break}

Machinery: no signs of recovery in industry

In the announcement of many companies' performance annual reports, the statistics of 32 listed companies in the general machinery industry show that the industry is growing overall in 2011, but the growth of business performance has not been on the rise.

Wind information statistics show that 25 of the 32 general machinery listed companies predict that the performance of 2011 will grow by more than 10%, which accounts for 78% of the listed companies in the industry, but the performance of 25 companies has increased by 50%.

The number of listed companies whose performance growth exceeded 100% is only the number one. It is reported that the company expects its annual report growth in 2011 will reach 110%, the company's net profit growth is maintained at 93 million 899 thousand and 900 -1.0378 billion yuan.

In November 13th, Zhao Xin, an analyst at the League of nations securities analyst, said that in terms of valuation, as of November 11, 2011, the overall PE of the machinery industry was 21.03 times, and the overall PB was 3.14 times.

"This week, the market has been shocked, the machinery industry has also been adjusted, and its performance in the whole market is at the medium level." Zhao Xin said that from the macro perspective, the macroeconomic data released by CPI, industrial added value and export growth in recent weeks were mixed.

Analysts believe that from the current market environment, macro environment, limited policy fine-tuning, it is difficult to reverse the general trend of the market. "In this sense, we are still cautious about the industry rebound. And over time, the pressure of rally is increasing.

With the rapid decline of domestic PPI, Zhao Xin, an analyst with the League of nations securities, believes that this also means that the revenue growth of the machinery industry will be in a rapid decline in the future.

"Excavator sales data in October still fell sharply compared with the same period last year, and no signs of recovery in the industry." Zhao Xin said that for the machinery industry, the continuation of the rebound is still needed in the short term.