In 2012, China'S Textile And Garment Exports Increased By 2.84% Over The Same Period Last Year.

< p > plate performance: the Shanghai and Shenzhen 300 index rose 4.6% in January, and increased by 1.9% in the year; the Shen Wan textile and garment industry index decreased by 0.4% in January, and the total decline in 0.7% during the year; the Shen Wan textile manufacturing industry index rose 1.2% in January, and increased by 1.2% in the year; the Shen Wan garment textile industry index fell 1.8% in January, and the total decline was 2.4% in the year.

As of 01 February 25, the negative valuation was eliminated: the value of textile and apparel industry was 18.14 times, < a href= "//www.sjfzxm.com/news/index_c.asp" > textile < /a > the manufacturing industry was 21.17 times the value, and the apparel home textile industry valued 16.95 times.

< /p >

< p > Company dynamics.

The annual income tax rate is 15% by the high and new technology enterprises. (2) the product tax rate is 15%. The first phase of the corporate bond is successfully issued, the issuing scale is 400 million yuan and the coupon rate is 5.85%. (3) the card slave Road: authorized Hengyang company to purchase more than 260 million yuan property for high-end boutique shop construction. (4) YOUNGOR: cooperate with VIKOR industry, invest in 165 million yuan for cash, purchase 30% shares, and jointly develop the IV-3-3 plot of Ningbo Xue Jia district; (30%): the 2012 performance forecast was revised to increase by 0-20% over the same period last year, mainly because the related expenses were speeded up after termination of the equity incentive plan; (/p) < /p > (1) < a href= "http://fz.sjfzxm.com/" >

< p > 100 round pants industry: the 2012 annual performance notice was revised down to 0-30% compared with the same period last year. The main reason is that the stores are still in the incubation period, and the costs are rising, but the revenue is not as good as expected. Meanwhile, the growth of terminal sales has slowed down by the impact of macro-economic and online shopping. (7) Pathfinder: the 2012 earnings bulletin, revenue was 1 billion 106 million yuan, an increase of 46.68% over the previous year, with a performance of 170 million yuan, an increase of 58.91% over the same period, an increase of 0.4828 yuan per share, 2013 yuan in the autumn and winter order, 1 billion 273 million yuan in futures, and a total increase of 1 billion 998 million yuan in 2013.

< /p >

< p > industry dynamics.

Retail sales grew by 10.3% over the same period last year, with a year-on-year increase of 10.3% compared with last year, and the year-on-year growth in clothing retail sales increased by 10% over the same period last year. In December, the retail sales volume increased by 10.1% over the same period last year, and the retail sales increased by 2.1%. In 2012, the number of major retail enterprises in China increased by 10.8% over the same period last year, and the retail sales volume increased by 12.3% over the same period last year. In December, the number of retail sales increased by 12.3%, and the growth rate in December was more than that of the previous year. < a href= "//www.sjfzxm.com" > apparel retail sales grew year after year. (1) 50 key large-scale projects in 1-12 months.

< p > 2012, China's textile and clothing exports increased by 2.84% over the same period last year, down sharply compared with the previous year.

< /p >

< p > investment viewpoint.

(1) the textile manufacturing sector has improved slightly in recent export data, and the textile and garment export data in December increased by 10.8% over the same period last year. At the same time, the difference between the domestic and foreign cotton prices has narrowed under the external cotton strength, which has made the valuation of the plate repaired. (2) the apparel home textile plate, because the data of the spring and summer ordering of the brand clothing company basically determined that the performance of the first quarter will be relatively dull. At the same time, the pre valuation of the plate has been repaired, and the factors that continue to push up the valuation in the short term have been restored.

< /p >

< p > risk warning.

The cotton price difference continued to be high; external demand continued to be sluggish; terminal consumption warming was yet to be confirmed.

< /p >