According To Industry Analysis, The High Growth Cycle Is Still The Characteristics Of Textile And Apparel At This Stage.

Fuanna home textile industry with higher growth rate and excellent management ability

Haitong Securities [10.32 1.98%] made a general analysis of the 2011 Annual Reports of 24 brand garments and 20 textile manufacturing A share companies and a quarterly report in 2012. The results showed that the brand apparel sector's revenue growth in 2011 was 33.7%, the net profit growth rate was 41%, the 2012 quarter's revenue growth rate was 15.6%, the net profit growth rate was 11%, the textile manufacturing sector's 2011 income growth rate was 17.4%, the net profit growth rate was -2.3%, and 2012 first quarter revenue growth rate was -3.3%

It's -52%.

In terms of valuation,

The static PE of the plate is 22.83 times, and the premium rate is 13.54 times that of all A shares, 1.69 times that of PE, which is higher than the historical average of 1.3 times.

From the valuation of the sub sector, the static price earnings ratio of the textile manufacturing sub sector is 24.36 times, and the premium rate of the textile and garment sector is 1.07 times, which is lower than the historical average value of 1.15. The current price earnings ratio of the apparel home textile sub sector is 22.19 times, and the premium rate for the textile and garment sector is 0.97 times higher than that of the historical value 0.88 times.

The lower value brands in brand clothing are casual wear and jewelry.

To maintain the "overweight" rating of the textile and garment industry, it is recommended to pay close attention to the high growth rate and excellent management and management capabilities of the fine molecular industry: Pathfinder [20.87 0.77%], [36.92 0.87%], [38.33 -1.64%].

[45.10 0.56%], Chao Hong Ji [24.00 -1.15%], Lao Fengxiang [28.37 -0.35%], search for special [29.53 0.10%] and Mei Bang dress [23.60 -1.26%].