Garment Profits Fell In The Three Quarter, And Domestic Enterprises Lost Money.

In the three quarter of this year, there are many families in China.

There is a loss in operation and a drop in profits.

In order to digest excessive inventory and increase sales, some textile and clothing enterprises and home textile enterprises began to sell goods.

According to the insiders, the sales promotion effect of limited sale is limited. In the future, textile and garment enterprises should strengthen their management and attention to the main business, devote more efforts to study new phenomena and problems that arise in the industry, and provide corresponding funds and team strength to solve them in time.

Corporate profits have declined.

Statistics show that recently, 43 listed companies of textile and garment industry announced the performance forecast for the first three quarters of 2014. Among them, 6 companies pre reduced, 7 companies slightly reduced, 2 companies lost the first time, and 4 companies continued to lose.

Specifically,

And shill is the first to lose business, Xinlong holdings, German cotton shares, Thailand shares and Victor essence are continued losses enterprises.

Busen shares reported that the company achieved a net profit of -3328.98 million in the first half of 2014, with a net profit growth rate of -394.18%.

The company expects net profit of -4460.11 million yuan to -3784.35 million in the first three quarters of 2014, down -430% to -380% compared to the same period last year.

Thailand shares are the largest expected net profit decrease. The company expects net profit of ~9 million in January 2014 to -3200 -2400 yuan, down 501.5%~351.13% compared with the same period last year.

Huting shares suggested in the semi annual report that the accumulated net profit in the first three quarters of 2014 may be a loss, and the net profit in the first half of the year was a loss of 26 million 127 thousand and 880 yuan.

According to the news birds, the company's terminal retail is stable and has no obvious improvement since the external economic situation and the domestic clothing market remain weak. The net profit attributable to shareholders of Listed Companies in the first three quarters of this year is 125 million 204 thousand and 300 yuan to 156 million 505 thousand and 400 yuan, a decrease of 0%~ 20% over the same period last year.

In the first half of the year, net profit fell by 18.01%.

In addition, AOKANG international, Zhejiang Fu run, Georges white and other companies did not release the three quarter performance report, but its half year performance has also seen a significant decline, and there has not been a factor that can significantly improve the three quarter results.

Among them, AOKANG international semi annual data showed that the company achieved 1 billion 450 million 965 thousand and 800 yuan in the first half of this year, down 2.75% from the same period last year, and realized a net profit of 158 million 159 thousand and 900 yuan attributable to shareholders of listed companies, down 25.67% from the same period last year.

Zhejiang fortune semi annual report shows that the company achieved net profit of 8 million 203 thousand and 500 yuan in the first half of this year, down 68.6% compared with the same period last year.

High inventory is hard to digest.

According to the insiders, the increase of inventory and turnover days has become a common problem in the entire textile and garment industry. Most textile and garment enterprises are also reducing the scale of purchase, and implementing the strategy of product sales to cope with high inventory.

Reporters learned that, according to the Convention, the inventory of a commodity is about 30% of the shop volume, which will not bring greater cost pressure, nor will there be a shortage of supply when the product is sold well.

Enterprises can use the electronic commerce channel to clear up the warehouse during the season change, or to the two sale of outlets.

However, in the actual operation, because of the different information asymmetry and profit distribution between suppliers and franchisees, inventory control problems often arise.

"If the supplier brand is very well known, then the stock pressure will be pferred to the franchisee, and the franchisee should digest its stock by itself.

If suppliers have strong dependence on franchisees, suppliers must digest their inventory by themselves.

But sometimes the information asymmetry between the two sides, the proportion of inventory and sales can not be properly controlled.

Wang Xueping, general manager of children's clothing of Shan Shan.

Textile and garment enterprises should strengthen their main business

In order to digest high inventory, some textile and clothing enterprises and home textile enterprises began selling goods.

Reporters learned that since this year, Vico home textiles, YOUNGOR, Taiping bird,

Bo Yang home textile and other commodities have launched a big sale.

In this regard, Chen Guoqiang, vice president of the China clothing association and director of the China Textile and Garment Industry Economic Research Institute, said that textile and garment enterprises were attracted by many temptations in the past few years, and participated in many new industries that were not good at it, resulting in a decline in the main business of the company.

In the future, textile and garment enterprises should strengthen their management and attention to the main business, devote more efforts to study new phenomena and problems that arise in the industry, and provide corresponding funds and team strength to solve them in time.