Clothing And Textile: Demand Rebound To Enhance Industry Prosperity
The net profit of cotton spinning industry increased fastest in 2010.
A total of 50 Sample Firms were selected in 2010.
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Revenue 100 billion 868 million yuan, net profit of 7 billion 999 million yuan, an increase of 34.66% and 50.28% respectively.
The industry continued to grow in 2009 and grew faster in 2010.
The cotton spinning industry has increased profits by 3.6 times because of the substantial rise in yarn prices and low cost of raw materials.
Industry 2011Q1 continues to grow.
50 companies achieved a total operating income of 28 billion 244 million yuan, net profit of 2 billion 575 million yuan, an increase of 39.24% and 112.57% respectively.
The net profit of cotton spinning industry has increased by more than 10 times.
Benefit from rising raw material prices, upstream companies in 2010
profit
Capacity is greatly improved.
The rise of prices will be blocked in the industrial chain, and the division of industry performance will be divided.
Judging from the annual report and quarterly report, Orient Securities believes that the brand is mainly based on domestic sales.
Clothes & Accessories
The profitability, profit growth, quality and sustainability of such enterprises are significantly higher than those of textile manufacturing enterprises. The profit growth rate of home textile sub industry is more prominent in the brand clothing enterprises, and the sustainable growth time of the future rapid growth is expected to be longer.
Therefore, to maintain a firm and optimistic view of investment in brand clothing enterprises, we should also pay attention to the undervalued opportunities for manufacturing enterprises in the middle reaches of a few basic and special advantages.
At present, the first seven wolves, Weixing shares, Lu Tai A, fuanna, Meng Jie home textiles and wedding birds.
CITIC Securities is optimistic that there will be seven speed wolves, good news birds, and chill in the men's clothing companies with faster performance and lower valuation. In May, they will expect to grow in the ideal home textiles.
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