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NEWS
2023/08/16
Under the weak consumption, why is clothing an exception?
There is a saying in A shares to describe the current market of consumer stocks, "Kill a big white horse every day." Consumption white horses frequently collapsed. In July this year alone, Tomson By-Health (300146) and Juewei Food (603517) both experienced limit-downs. The leading beer Tsingtao Brewery also experienced a single-day stock price drop of more than 7%.
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Textile and Garment Industry: Manufacturing Valuation Gradually Repairs, Brands Focus on Underestimation
Investment suggestions: 1) Textile manufacturing: The inflection point of orders is approaching, and the valuation of leading manufacturers is expected to gradually recover. Catalyzed by relatively strong macro data such as non-agricultural employment in the United States and a significant improvement in the inventory of downstream brands, the valuation of leading manufacturing companies has recently been repaired. Combined with the recent company survey feedback, we expect that the growth rate of manufacturing orders in Q3 is expected to turn positive, and we recommend long-term competitive manufacturing leaders Weixing, Taihua New Materials, Zhejiang Natural, Huali Group, Xinao, etc. In addition, we recommend 2023 production capacity Released Fuchun Dyeing and Weaving and Henghui Security. 2) Apparel and home textiles: Q3 brand performance is expected to continue to improve, and stock selection is based on low valuations. Recently, some companies have released performance forecasts. Among them, SAINT ANGELO, Jinhong Group and other companies have outstanding performance in 2023Q2. With the improvement of terminal sales in the future, the performance of Q3 brand apparel companies is expected to continue to recover. Based on comprehensive valuation and terminal turnover performance, we first recommend Heilan Home (11X in 2023), Luo Lai Life (13X in 2023, 5% dividend yield) and Fuanna (12X in 2023, 7% dividend yield), which are undervalued and high dividend targets. ), followed by menswear brands SAINT ANGELO (14X in 2023) and Biyin Lefen (19X in 2023) with strong growth in terminal turnover, and PEACEBIRD (14X in 2023), mid-to-high-end clothing brands that achieve performance growth through cost reduction and efficiency increase. Women's wear Ellassay (16X in 2023), benefiting from the target Jinhong Group (13X in 2023).
The textile and garment sector continued to rise and strengthen
The textile and clothing board continued to rise and strengthen. Ruyi Group (002193) (002193) had a daily limit in the afternoon, Meibang Apparel (002269) (002269) had previously closed its board, Rongmei shares (301088) rose by more than 10%, and Annel (002875) (002875) , Tianchuang Fashion (603608) (603608), and Bangjie Shares (002634) (002634) were among the top gainers.
How to choose children's and infants' clothing? remember five points
In order to pay attention to the quality and safety of products around children, the Market Supervision Bureau of Tiantai County, Taizhou City, Zhejiang Province recently issued a reminder on the consumption of children's and infants' clothing, reminding consumers to fully consider the needs of children and infants when purchasing children's and infants' clothing. Physiological characteristics, to embody softness, breathability, comfort, safety and health, the following points should also be noted
Chinese clothing brands will emerge hundreds of billions of clothing brands in the future
The year of 2016 in the Gregorian calendar has passed, and the new year of 2017 has already begun. On behalf of Shanghai Liangqi Brand Management Co., Ltd. through the platform of China Clothing Network, I sincerely wish all operators in the Chinese clothing industry to reach a new level in the New Year!
How to distinguish canvas fabric?
I believe that many people have worn canvas shoes. For you who have worn canvas shoes for so many years, how much do you know about canvas fabrics? Today, the PV velvet editor will take you to see what the canvas fabric is like
How to maintain the silk quilt to make it last longer?
Modern bedding is a durable consumer product, and it does not need to be changed from time to time like the clothes we usually wear. High-quality bedding also lasts longer, which requires good care and maintenance. Take our common silk quilt as an example, how to maintain it to keep its service life? Let's take a look with the manufacturer:
How to choose and maintain down products?
In recent years, the price of down and down has been rising, and labor costs have been rising. If the public finds that the price of down products on sale is extremely low, they must be more careful. Don't buy fake and shoddy products just because they are greedy for a short-term cheap. product. So, how to choose down products? How to maintain it? For this reason, the editor of China Clothing Network will introduce to you one by one:
Introduce the steps to identify textile fabrics
We generally divide textile materials into two types: natural materials and chemical synthetic materials. As natural materials, there are cotton cloth (cotton denim, cotton canvas, etc.), silk, linen (flax, jute, hemp), animal fur, etc., and chemical materials generally come from petroleum extracts, which are more common. There are polyester, nylon, spandex, which is what we are familiar with like Jiaji cloth, Lycra cloth, polyester or nylon lace cloth. So how to distinguish whether a fabric is natural or artificial? Very simple, just a few steps to help you get it all done.
What should I do with the dyed fabric after dyeing?
believe many people know about the coloring of fabrics, so what should we do after dyeing? The editor of Zhongshan Clothing Network will introduce you in detail below:
Nanjing Universal Textiles Co., Ltd
Contacts:Andy Chen
Tel:(0086)13914722619
Email:andychen@gc-textiles.com
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