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Retail sales growth rate close to zero Because the RMB rate close to the limit of the recent phenomenon, the main
export business of textile and garment containing became a favourite of the
market. However, according to the report of the information extraction of data
display, from the fundamental point of view of the industry, textile and garment
growth rate close to zero growth, most companies rely on the acquisition and
merger of a number of measures such as the intention to find new point of growth
in the last year. Fundamental data
of light According to the
statistics of China National Commercial Information Center, January to December
last year, the focus of the national large-scale retail enterprises in the
clothing retail sales of goods grew 1%, down 4 percentage points compared to
2013 growth. Among them, the December national 100 key large retail apparel
goods, retail sales fell 0.4% year-on-year, 1.3 percentage points of growth from
the previous month low, third year retail sales year-on-year negative growth.
From previous years the focus of the national large-scale retail enterprises in
the clothing retail sales growth, the national garment retail sales growth rate
decreased year by year, until now close to zero growth level. At the same
time, the export situation of industry the same dull, according to customs data,
in December last year, the textile and garment exports amounted to 25700000000
US dollars, 1.2% year-on-year drop. Last year, China's textile and apparel
export total $298426000000, a year-on-year growth of 5.09%, than in 2013 fell
6.32 percentage points. Many companies
more attack In the case of
data is on a downward trend, a number of Companies in the last year has already
begun through mergers and acquisitions, equity participation, the establishment
of PE industry fund and other measures, intended to find a new growth
point. Last year
Baiyuan trousers industry acquisition of world transformation Tesco, market
share, the share price spikes; baoxiniao acquisition River Tian Industrial Park,
the establishment of equity investment company, the company now has a market
capitalisation of nearly doubled over last year lows. In addition, Lukang
technology to enter the film industry, shares of the public and the layout of
lithium battery industry; Kaiser shares at a premium of 27 times into the cool
cattle interactive games industry. Although some companies which eventually
restructuring is not successful, but also to a certain extent, exposed the
"idea" of this point, these companies including Busen stock, Tai Ya shoes
etc.. The industry is
gradually accumulated good In the
background of the textile and garment industry demand growth has stabilized, the
industry of positive factors is cumulative, one is in the last year, domestic
cotton prices fell to near five year low; two, textile export tax rebate rate
again. Data shows, at
the end of last year 3 cotton Shouchu policy, China cotton price index for 19534
yuan / ton, to the end of the year to 13605 yuan / ton, or as high as 30.4%, the
lowest since the recent cotton price is close to 2008. Cotton is the most
important of the cost of domestic textile enterprises, cotton prices fell,
directly bring the cost of cotton textile enterprises is expected to decline,
the downstream brand clothing enterprise to bring the gross margin
improvement. According to the
Ministry of Finance recently announced policy, from January 1, 2015 onwards,
improve the tax rebate rate of some textile clothing products, up 1 percentage
points, from 16% up to 17%, the realization of a full refund. The export tax
rebate rate to enhance the profitability of the export enterprise is helpful to
improve. |
