Textile And Apparel Industry, Bosses, Stock Market Weekly

Market review last week

Last week, Shen Wan

(801130) increased by 0.38%, and the Shanghai and Shenzhen 300 index (000300) rose 1.8%.

Run the market 1.42%.

Important industry data

Raw materials: cotton has accumulated more than 3 million tons of reserves.

Chinese farmers are expected to reduce their planting area by 16.7% this year. In 2012, 1-3 months, China's chemical fiber output totaled 8 million 889 thousand tons, an increase of 1 million 208 thousand tons compared with the same period last year, an increase of 15.73%.

Terminal sales: statistics show that in the first quarter of this year, clothing retail sales increased by 7.41% over the same period last year, a slowdown of 14.7% over the same period last year. The sales volume and sales volume of clothing products in the first quarter were the lowest in the past three years.

Industry dynamics

Apparel enterprises are involved in high inventory apparel industry suffered setbacks: the United States apparel inventory difficulties; 2012 sports apparel industry analysis: Science and technology innovation has become the key force of China's sports apparel brand development in the future.

Company announcement

2011 Annual Report: Rand's shares, good news birds, Shandong Ruyi, was shares

2012 quarterly report: Nine herdmen, seven wolves, and Luo Lai home textiles

This week's point of view

We believe that the home textile sub industry is now in a small downward band under the overall upward trend, and the performance of listed companies is slower than that of the industry.

It's a good investment opportunity.

We recommend buying at bargain prices.

In the first half of 2012, domestic terminal clothing market growth slowed down, but Chinese business activities increased. Middle and high-end business clothing consumption was affected by the economy. The expansion of enterprises with channel advantages was faster, and the valuation was reasonable, which was a good investment time point when the stock price was adjusted.

At present, because of the dream home textiles, the quarterly performance of the home textiles is lower than that of the market, and the home textile stocks have fallen to a less valued value, which is a good time to invest.

Important reminder next week

One of the 2012 Quarterly Bulletin of bird lovers; the first quarterly report of A2012; the quarterly report of Lu Tai A2012.