Sixteen Domestic Men'S Clothing Listed Enterprises Will Perform Poorly In 2024

At the end of 2024, the clothing industry seems to be colder than usual. With the unpredictable market environment, the rising global temperature, the rapid change of consumer preferences, and the continuous impact of global supply chain challenges, the 2024 annual performance forecast issued by 16 listed apparel companies depicts a picture that can not bear to look directly at. The once bustling fashion industry is now facing an unprecedented test. Now, let's take a look at the annual performance forecast data of 16 clothing listed companies that have been announced:

Men's wear listed enterprises

1. China Lilang Co., Ltd

The retail sales of "LILANZ" products in 2014 (calculated by retail value) recorded a moderate increase compared with the same period in 2003.

2. Jiangsu Red Bean Industry Co., Ltd

According to the preliminary calculation of the financial department of the company, the company is expected to achieve a net profit attributable to shareholders of the listed company of - 180 million yuan to - 230 million yuan in 2024, which will be a loss compared with the same period last year.

3. Zhejiang Georgeback Clothing Co., Ltd

Performance forecast: the net profit attributable to shareholders of the listed company is expected to be 83 million yuan – 124.5 million yuan, a year-on-year decrease of 38.70% - 59.13%.

Women's wear listed enterprises

4. Ningbo Taipingniao Fashion Clothing Co., Ltd

During the reporting period, the company achieved an operating revenue of 6.831 billion yuan, down 12.34% year on year, mainly because the company's retail performance declined year on year due to the continuous closure of inefficient stores, transformation and adjustment of product styles, changes in external consumption environment and other factors, leading to a year-on-year decline in operating revenue.

During the reporting period, the company realized a net profit attributable to the parent of 257 million yuan, a year-on-year decrease of 39.06%; Non net profit deduction was RMB 122 million, down 57.85% year on year, mainly due to the large fixed expenses such as the rent of the company's direct stores and employee compensation, and the decline in retail performance led to a large decline in the company's profits.

5. Jinhong Fashion Group Co., Ltd

In 2024, the company is expected to achieve an operating revenue of 4.395 billion yuan, a year-on-year decrease of 3.3%, mainly due to the impact of related factors such as changes in the external consumption environment, the company's online business has steadily increased, while offline business has slightly declined.

In 2024, the company is expected to achieve a net profit attributable to the parent of 307 million yuan, a year-on-year increase of 3.02%; Non net profit deduction was 281 million yuan, up 4.07% year on year, mainly because the company's operating quality and efficiency continued to improve, sales rates were effectively controlled, and financial expenses decreased significantly year on year.

6. Nippon Fashion Group Co., Ltd

According to the preliminary calculation of the financial department, it is estimated that in 2024, the net profit loss attributable to the shareholders of the listed company will be 1400-160 million yuan, which will be a loss compared with the same period last year.

7. Hubei Meierya Co., Ltd

According to the preliminary calculation of the financial department, the net profit attributable to the shareholders of the listed company in 2024 is expected to be - 86 million yuan to - 44 million yuan, and there will be losses.

8. Anzheng Fashion Group Co., Ltd

According to the preliminary calculation of the financial department, it is estimated that the net profit attributable to the owners of the parent company in 2024 will be from - 80 million yuan to - 150 million yuan. Compared with the same period of the previous year (statutory disclosure data), there will be a loss.

9. Shenzhen Glis Clothing Co., Ltd

According to the preliminary calculation of the financial department, it is estimated that the net profit attributable to the shareholders of the listed company will reach - 38.938 million yuan to - 28.938 million yuan in 2024, which will be a loss compared with the same period last year. If the impact of such factors as provision for impairment of long-term assets (goodwill and trademark), disposal of equity investment losses of Tangli International and one-off expenses arising from the implementation of French IRO cost reduction and efficiency increase measures are not considered, it is estimated that the net profit attributable to shareholders of the listed company will be between RMB 52.01 million and 102.01 million.

Sports listed enterprises

10. Anta Sports Goods Co., Ltd

Annual retail performance of Anta brand in 2014

In the whole year of 2014, the retail value of Anta brand products (calculated by retail value) recorded a positive increase in the number of units compared with that in 2003.

Retail performance of FILA brand in 2014

In 2014, the retail value of FILA brand products (calculated by retail value) recorded a positive increase in the number of units compared with that in 2003.

Retail performance of all other brands in 2014

In the whole year of 2014, the retail sales of all other brand products (excluding brands newly added to the Group after January 1, 2013) (calculated by retail value) recorded a positive growth of 40-45% compared with that in 2003.

11. Tebu International Holdings Co., Ltd

Special step main brand, retail sales growth (including online and offline channels): high single digit year-on-year growth.

Sokoni, retail sales growth (including online and offline channels): more than 60% year-on-year growth

Children's wear and shoes listed enterprises

12. Shenzhen Annell Co., Ltd

Performance forecast: the expected net profit is negative, and the expected loss of net profit attributable to shareholders of the listed company is 90.4510 million yuan - 140.4371 million yuan.

13. Blonde Rabbi Maternity, Infant and Children Products Co., Ltd

Performance forecast: It is estimated that the net profit attributable to shareholders of the listed company is 60 million yuan – 90 million yuan, an increase of 355.38% – 483.06% over the same period of the previous year, and the net profit after deducting non recurring profits and losses is expected to be negative.

14. Zhejiang Aokang Shoes Co., Ltd

According to the preliminary calculation of the financial department, it is expected that the annual operating performance in 2024 will suffer losses, and the net profit attributable to the owners of the parent company will be about - 220 million yuan.

15. Start Co., Ltd

According to the preliminary calculation of the company's financial department, it is estimated that in 2024, the net profit attributable to shareholders of the listed company will be - 90 million yuan to - 135 million yuan. It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is from - 55 million yuan to - 80 million yuan.

16. Zhejiang Red Dragonfly Shoes Co., Ltd

According to the preliminary calculation of the financial department, the company expects to realize a net profit attributable to the owners of the parent company of - 43 million yuan to - 65 million yuan in 2024, which will lead to a loss compared with the same period last year.

The above forecast data of listed companies are only preliminary accounting data, and the specific and accurate financial data shall be subject to the audited annual report of 2024 officially disclosed by the listed companies!