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    Shuffling Of Textile Sector Will Continue.

    2014/4/16 9:27:00 29

    TextileClothingListing

    < p > as of April 10th, a total of 18 companies published the annual report in 2013. The data showed that the textile sector appeared to be polarized, and the listed companies with losses and profits accounted for half of the total. < a href= "http://sjfzxm.com/news/index_f.asp" > textile > /a > the manufacturing industry continued to have a weak recovery journey.

    In terms of stock dividends, 13 companies in Zhejiang, such as fortune, announced relevant plans, accounting for 2/3 of the annual reports. The most generous one is Zhejiang's fortune. It intends to pfer 5 shares to every shareholder in every 10 shares and issue 3 yuan (including tax). YOUNGOR is expected to distribute 5 yuan (including tax) to all shareholders 10 shares.

    < /p >


    < p > in April, it entered the intensive release period of the annual report of textile < a href= "http://sjfzxm.com/news/index_f.asp" > clothing > /a > plate company.

    In April 10th, a total of 18 companies listed in the 47 home textile industry listed in the SFC's two industry classification announced the 2013 annual report.

    The annual report shows that the textile sector is polarized, and the loss making and profit making companies account for half of the listed companies. The textile manufacturing industry continues to have a weak recovery journey.

    < /p >


    < p > and in the share dividends, 13 companies in Zhejiang, such as Furun, YOUNGOR, three lane, red bean, Fujian Nanfang, Phoenix Bamboo textile, hang min shares, Huamao shares, Huafu color spinning, fuanna, Xinye textile, Mei Xinda and Lu Tai A, have announced relevant plans, accounting for 2/3 of the annual reports published.

    Among them, the most generous one is Zhejiang's fortune. It intends to pfer 5 shares to every shareholder and 3 yuan (including tax) for each 10 shares. YOUNGOR is expected to distribute 5 yuan (including tax) to all shareholders for every 10 shares.

    < /p >


    < p > < strong > industry shuffling will continue to < /strong > /p >


    < p > < strong > management innovation leading competition < /strong > < /p >


    < p > in the listed company's < a href= "http://sjfzxm.com/news/index_f.asp" > < /a > in the annual report, Fujian Nanfang, three lane, Huafang textile, Zhejiang Fu run, de Mian shares, blue Ding holdings, Huamao shares, Tianshan textile, ST central crown A9 company are all showing losses and net profit decline.

    < /p >


    < p > the biggest decline was ST central A. Net profit after deducting non recurring gains and losses in 2013 was -571.13 million, down 2003.51% from the same period last year.

    The first Chinese listed textile company, Huafang textile, belongs to the listed company's net profit of -3251.37 million yuan, down 312% from the same period last year, ranking second in the decline.

    The third ranking Huamao share net profit after deducting non recurring gains and losses was -6138.77 million, down 66.55% compared with the same period last year.

    < /p >


    < p > the performance of 2013 is a difficult and complex year for many textile enterprises. The problem of huge gap between domestic and foreign cotton prices still exists. The rising cost of production factors and other comprehensive costs is prominent, and the environmental pressure of energy saving and emission reduction is increasing.

    < /p >


    < p > except for the 9 listed textile companies losing money, their counterparts also made themselves feel worse.

    Huafu color spinning is king of 274.88% profit growth.

    The second ranking of Xinda achieved a net profit of 24 million 510 thousand and 100 yuan in 2013, an increase of 52.35% compared with the same period last year, and aviation and civilian shares ranked third. Net profit after deducting non recurring gains and losses was 411 million 106 thousand and 900 yuan, an increase of 45.61% over the same period last year.

    < /p >


    < p > for the reasons for the company's good performance, many companies mentioned three main reasons: sticking to the main business, rationalizing product structure, improving management efficiency and innovation.

    In particular, management innovation has become an important means to enhance the competitiveness of enterprises. Lu Tai A mentioned in its annual report that the company began to learn TOYOTA's lean production mode (TPS) and promote the Lu Tai production mode (LTPS) project in August 2013, aiming at deepening production management, reducing waste, reducing costs and improving efficiency, and continuously promoting the upgrading of company management.

    < /p >


    < p > for the operation of the textile industry, brokerage analysts said that the rise in labor costs and the poor cotton prices at home and abroad made the relative price advantage of Chinese textiles significantly weakened. Therefore, the small profit cotton textile enterprises are facing enormous pressure.

    Today, the industry reshuffle will continue for a long time, and orders will be more focused on leading enterprises with cost control and technological research and development advantages.

    < /p >


    < p > < strong > positive response to small country nine < /strong > < /p >.


    < p > < strong > 2/3 textile company dividends < /strong > /p >


    < p > by the end of December 2013, the general office of the State Council issued the opinions on Further Strengthening the protection of the legitimate rights and interests of small and medium-sized investors in the capital market. It has constructed 80 policy initiatives of nine aspects around the protection of the rights and interests of small investors, which is commonly known as "nine small countries" in the market.

    < /p >


    The second line of "P" > "small country nine" is "optimized investment return mechanism", among which encouraging dividends and guiding repurchase are concerned by investors.

    < /p >


    < p > statistics show that more than 70% of the 1090 listed companies in the Shanghai and Shenzhen two cities who first disclosed the 2013 annual report have issued a dividend pfer plan, and even 25 companies have a dividend yield exceeding the 7 annual yield of the balance treasure.

    < /p >


    < p > textile listed companies have also responded positively to the requirements of < < a href= > http://sjfzxm.com/news/index_f.asp > small country nine < /a >, and 13 companies in the 18 textile companies that publish annual reports have announced dividend plans, accounting for more than 2/3.

    < /p >


    < p > the most generous one is Zhejiang's fortune. It intends to pfer 5 shares to every shareholder and 3 yuan (including tax) in cash for every 10 shares. The amount of cash dividends is 122 million yuan.

    YOUNGOR expects to distribute 5 yuan (including tax) to all shareholders every 10 shares, and the cash dividends amount to 1 billion 113 million yuan, accounting for 81.88% of the net profit attributable to shareholders of Listed Companies in the consolidated statements.

    < /p >


    < p > and in the past year's dividend statistics, Fujian Nanfang ranked first in the dividend rate of 64.39%, followed by Phoenix Bamboo textile and YOUNGOR.

    < /p >


    < p > Tianshan textile continues to "Iron Rooster" image. Although the net profit of Tianshan textile belonging to shareholders of listed companies was 26 million 256 thousand and 500 yuan in 2013, compared with the loss of 9 million 479 thousand and 400 yuan in 2012, it has been greatly improved, but the company adheres to "tradition", and has not been paying dividends for 15 consecutive years since 1999.

    < /p >

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