Agencies Predict Two Quarter Consumer Data Stabilize Textile And Garment Sector Performance Improvement Value Highlights

In March, consumption stabilized and picked up, and the performance of Listed Companies in textile and garment industry continued to improve, causing widespread concern in the market.

According to statistics released by the Securities Daily reporter, according to statistics released by the agency, with the easing of trade war between China and the United States and the increase of the stock market's income effect, and the introduction of a number of policies to encourage consumption, such as lowering VAT, the retail terminal in March showed a steady recovery trend, and promoted the revival and growth of consumption in the textile and garment industry, and promoted the continuous improvement of the performance of the textile and garment sector.

Among them, CSC believes that in April 8th, the Customs Tariff Commission of the State Council decided to adjust the import tax on imported articles by the State Council. The new tax rate will be implemented in April 9th, and the postal tax on textiles and its finished products and cosmetics will be reduced from 25% to 20%.

In addition, the retail terminal in March showed a steady recovery trend than the -2 month in January. Sales of department stores, supermarkets and clothing companies continued to improve, and the two quarter is expected to maintain a recovery trend.

Everbright Securities also said that in March 2019, China's textile and clothing exports (US dollars) increased by 35.51% and 20.91% over the same period, which is expected to bring repair to China's textile and garment exports.

In March 2019, the sales of clothing category industry increased year by year, and the growth rate was higher than that of the clothing industry. The growth rate of men's wear and sportswear was higher than that of other industries. From the point of view of key brands, the online sales of most clothing companies continued to increase in March 2019, and the sales of high-end women's wear lines increased significantly. The apparel industry of Semir continued to grow rapidly over the same period last year.

In addition, according to publicly available data, in 2019 -2 January, the national online retail sales volume of 13983 billion yuan, an increase of 13.6% over the same period last year.

Among them, online retail sales of physical commodities increased by 10901 yuan, an increase of 19.5%, accounting for 16.5% of the total retail sales of consumer goods.

Some analysts pointed out that from the investment and consumption data, the current domestic demand has improved, but it will take some time to pmit to terminal retail. It is expected that consumption data will stabilize in the two quarter of 2019, and domestic consumption demand is expected to further increase in the future.

Under the dual promotion of policy and consumption, the performance of the listed companies in textile and garment industry is brilliant, which has become an important reason for the strong rise of the current plate.

The market research center of the Securities Daily found that according to the flush statistics, as of April 16th, a total of 40 listed companies in the textile and garment industry disclosed the annual reports in 2018. The number of companies that reported year-on-year increases in net profit reached 28. Among them, 6 companies in Xingyi science and technology, Sanfo outdoor, Huasheng, Huasi, Hinur and Smith Barney apparel all doubled their annual net profits in 2018. Georges Bai Bo long, Vigna S, Ruyi group, Xinye textile, Kai Run shares, Tian Chong fashion, Jiaxin silk, Taiping bird, Lusha shares, Phoenix Bamboo textile, Anne, and many other companies enjoyed a year-on-year increase in net profit over 20%.

In addition, 31 companies disclosed the results of the 2018 annual report, and the performance of the company was 15.

In the companies that have disclosed the 2018 annual report or performance forecast, there are 43 companies that have achieved or are expected to achieve a year-on-year increase in net profit in 2018, accounting for more than 60%.

At the same time, as of now, 4 textile and garment industry listed companies have disclosed a quarterly performance in 2019. Apart from their favorite quarterly results, the other 3 companies have achieved year-on-year growth in quarterly results, respectively, including the 121.05% year old, the San Mao school (45.58%) and the local fashion (32.58%).

In addition, 16 companies also took the lead in disclosing a quarterly earnings forecast for 2019, and the number of pre performance companies reached 11. A total of 14 companies were expected to achieve a year-on-year growth in 2019, indicating that the performance of the textile and garment industry continued to rise.

In the wake of the steady growth of consumer data and the anticipation of a better market, the textile and apparel industry has attracted the attention of mainstream funds in the field. Yesterday, a total of 16 quarterly or annual growth stocks were favored by mainstream funds in the field, and the total amount of gold absorption was 69 million 577 thousand and 100 yuan.

Among them, China shares, Tian Chong fashion, Semir clothing, Huasheng shares, and many other favorite 5 potential stocks were raised by more than 5 million yuan on the same day.