The textile industry welcomed the good, the institutions were optimistic about the low growth expectation of the sector, and the performance doubled stocks were released.
Today, the market index fell all day. In the afternoon, driven by financial stocks such as securities companies and insurance, it recovered rapidly, and then weakened again. The three indexes fell by more than 2%. The Shanghai Composite Index fell below the integer mark of 3100 points, and the Shenzhen Component Index and gem index hit a new low.
Yellow rice wine, printing and dyeing, insurance, brokerage and other sectors were popular, stocks in the two cities generally fell, growth tracks such as medical treatment and new energy continued to retreat, Sungrow Power Supply Co.Ltd(300274) , Tianhe solar energy, Longi Green Energy Technology Co.Ltd(601012) , Topchoice Medical Co.Inc(600763) , and other stocks fell sharply one after another. The turnover of Shanghai and Shenzhen stock markets today was 820.7 billion, up from 41.3 billion on the previous trading day.
For the reasons for the poor market performance, Shenyin Wanguo Securities believes that the economic data in March performed poorly, which was significantly weaker than that from January to February. Only the growth rate of infrastructure investment increased, and the impact of the epidemic and the deterioration of the real estate situation had a significant impact on the fundamentals. At the current time point, the economic fundamentals in the second quarter still depend largely on the changes of the epidemic situation.
In addition, the offshore RMB continued to decline against the US dollar. The onshore RMB fell 300 points against the US dollar, once hit the 6.45 mark, and continued to brush the new low since October last year.
Citic Securities Company Limited(600030) pointed out that the supply chain disturbance and the strength of the US dollar may lead to short-term pressure on the RMB exchange rate. The Fed’s market communication continued to release more hawkish signals, and the market’s expectation of future interest rate hikes increased, resulting in the rapid rise of the US bond interest rate to the 3.0% mark. The Fed’s tighter monetary policy path in the future than Europe, the UK and Japan supports the strength of the US dollar. At the same time, the strength of the US economy compared with other countries is also one of the reasons for the rise of the US dollar.
textile industry welcomes the good
first quarter China’s textile and garment exports hit a new high
Today, the concept shares of the textile and apparel concept stocks of the textile and apparel concept stocks of the textile and apparel concept stocks of the textile and apparel concept today are stronger against the headheadheadheadbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbuckbucktrend, \ and other stocks rose sharply.
The Ministry of industry and information technology and the national development and Reform Commission today issued the guiding opinions on the high-quality development of industrial textiles industry. It is proposed that by 2025, the industrial added value of Enterprises above Designated Size will increase by about 6% annually, and 3 ~ 5 enterprises will enter the first echelon of global industrial textiles. The ability of scientific and technological innovation has been significantly improved. The R & D funds of key enterprises in the industry account for 3% of the main business income, the application of recycled fiber and biomass fiber accounts for 15%, the NC rate of key processes in nonwovens enterprises reaches 70%, intelligent manufacturing and green manufacturing have an obvious effect on improving the quality and efficiency of the industry, and the comprehensive competitiveness of the industry has been further improved.
According to the news report of China Central Television, the foreign trade of China’s textile industry continues to grow. In the first quarter, China’s textile and garment exports reached US $72.25 billion, a year-on-year increase of 11.2%, and the export volume reached a record high. Among them, the textile export reached US $36.57 billion, a year-on-year increase of 15.1%; Clothing exports reached 35.68 billion US dollars, a year-on-year increase of 7.4% 3 in the same month, textile exports reached US $11.83 billion, with a year-on-year increase of 22.4%, 7.7 percentage points higher than the year-on-year growth of national goods exports
In addition, the regional comprehensive economic partnership agreement (RCEP), which entered into force on January 1 this year, also provides new impetus for the development of foreign trade in the textile industry. From January to February, the industry exported US $13.94 billion to RCEP countries, a year-on-year increase of 10.2% especially the export of textile yarn and fabric increased significantly, with a year-on-year increase of 33.7% and 20.1% respectively
performance doubling shares released
According to the statistics of securities times · databao, the overall stock price performance of textile and garment concept stocks has been stronger than the market since April, with the average share price falling by 2.64%, which is less than the decline of the Shanghai index in the same period.
The share prices of 10 shares including Comefly Outdoor Co.Ltd(603908) , Zhejiang Natural Outdoor Goods Inc(605080) , Zhejiang Giuseppe Garment Co.Ltd(002687) , Toread Holdings Group Co.Ltd(300005) , etc. rose by more than 10% in the month. Benefiting from the rise of “camping economy”, the stock price of Comefly Outdoor Co.Ltd(603908) rose sharply, with a cumulative rise of 77.36% in the month, reaching a new high in recent four years.
According to the statistics of data treasure, among the textile and garment concept stocks that have disclosed the annual report or performance forecast, according to the lower limit of the annual report or forecast, Huali Industrial Group Company Limited(300979) , Zhejiang Semir Garment Co.Ltd(002563) , Bros Eastern Co.Ltd(601339) , Winner Medical Co.Ltd(300888) , the net profit in 2021 exceeded 1 billion yuan.
The performance of 16 concept stocks doubled year-on-year. The performance of Jiangsu Jujie Microfiber Technology Group Co.Ltd(300819) , Zhe Jiang Taihua New Material Co.Ltd(603055) , Bros Eastern Co.Ltd(601339) , Ribo Fashion Group Co.Ltd(603196) , Huafu Fashion Co.Ltd(002042) .
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Luolai Lifestyle Technology Co.Ltd(002293) the first quarterly report showed that the net profit attributable to the parent company was 159 million yuan, a year-on-year decrease of 12.81% Shandong Nanshan Fashion Sci-Tech Co.Ltd(300918) , Biem.L.Fdlkk Garment Co.Ltd(002832) , Zhejiang Sunrise Garment Group Co.Ltd(605138) .
Saturday Co.Ltd(002291) ‘s performance in the first quarter of 2022 is expected to increase, and the predicted net profit is about 80 million yuan ~ 120 million yuan, with a change range of 752.71% ~ 117906%.
In terms of funds, Lancy Co.Ltd(002612) , Rumere Co.Ltd(301088) , temus, Zhejiang Sunrise Garment Group Co.Ltd(605138) , the cumulative net purchase amount of main funds in recent three days ranks first.
Guosen Securities Co.Ltd(002736) pointed out that after recent adjustment, the P / E ratio of most A-share related companies in the textile and garment industry is at the bottom of historical valuation. With the release of favorable signals from the policy side, the related companies began to rebound. In addition, the recent annual reports of textile and clothing companies have successively disclosed that sports brands at home and abroad have shown brilliant performance and operating efficiency. Since mid March, the epidemic has had a significant negative impact on the fundamentals and valuation of the sector, but it does not affect the potential improvement of medium and long-term high-quality local sports brands and the growth prospects of the industry optimistic about the opportunity of fundamentals and valuation rebound under the background of historical low valuation
