Multiple Benefits To Improve The Performance Of The Apparel Industry Or See The Dawn

In 2016, the external factors of the industry are expected to improve, and cotton prices and international crude oil continue to be low. This will help maintain stable business costs. The devaluation of the renminbi is expected to benefit export oriented enterprises, and the industry's leading layout of overseas capacity will upgrade the industry from low-cost advantages to industrial chain advantages.

In addition, the industry's "13th Five-Year plan" will encourage smart manufacturing and industrial fiber usage to continue to grow, and leading enterprises in sub sectors are expected to improve their performance.

The textile and garment industry is in the competitive industry, and industry policy has limited impact on performance.

However, in the "13th Five-Year plan" of the textile industry, which is basically completed, intelligent manufacturing and industrial fibers are expected to become the key direction of development.

Among them, industrial fiber is expected to maintain high growth rate of two figures, the industry growth space is determined.

Cross border electricity providers, online shopping category mainly concentrated on clothing shoes and hats.

China's e-commerce research center showed that in the first half of 2015, the scale of cross-border e-commerce pactions in China was 2 trillion yuan, an increase of 42.8% over the same period and a penetration rate of 17.3%.

Under the current situation of import and export trade downturn, cross-border electricity providers show a vigorous development trend.

In the past five years

The scale of the paction expanded rapidly from 840 billion yuan to 3 trillion and 750 billion yuan, the compound growth rate reached 34.88%, and the penetration rate increased from 4% to 14.2%, which is expected to continue to improve in the future.

Analysts pointed out that the industry is still at an early stage of development, and is expected to be one of the important directions for the pformation of related companies.

Beginning in the second half of 2015, influenced by the Fed's rate hike expectations, the exchange rate of the RMB against the US dollar was abrupt, and it fell below the 6.5 integer threshold on the first day of 2016.

Insiders believe that the RMB will continue in 2016.

The trend is a big probability event.

After many years of development, the middle and high-end textile manufacturing enterprises have accumulated the advantages of scale of production capacity, supporting system of industrial chain, R & D capability and large number of customers. Under the strong dollar background, the export of the industry will obviously benefit from the depreciation of the RMB, and the short-term competitive strength brought by the depreciation will enhance the export orders.

On the other hand, under the background of currency devaluation, the exchange gains and losses arising from the settlement of orders in US dollar will enhance the performance of the company.

Companies with relatively large export volume, stable orders and high gross profit margins in the industry will benefit first, such as Lu Tai A, Dayang creation, and URI, and Baron East.

In addition, domestic labor costs continue to rise and so on.

The pace of going abroad is expected to shift from the low end capacity of the industry leading to Southeast Asia in 2016, and overseas mergers and acquisitions that seek tariff and low cost advantages will continue.

The low cost of the textile and chemical fiber industry in 2015 is expected to benefit the industry leader in 2016.

In 2015, with the temporary withdrawal and storage policy of cotton temporarily withdrawing from the historical stage, the average price of cotton dropped to about 14000 yuan / ton from the time of collecting and storing 19000 yuan / ton, while the international oil price also fell off cliff type. This made some enterprises that purchase large quantities of raw materials with high price in the early stage of losing money. In the four quarter of 2014 and the first quarter of 2015, their performance was at a low point.