In The First Quarter Of 2016, The Apparel Industry Basically Continued Its Weakness Last Year.

In the first quarter of 2016,

The industry basically continued the weakness of last year, and the overall performance was not optimistic, and financial performance continued to decline.

The market is saturated and consumption is slowing down.

Under the impact, many traditional clothing stores are facing close shop trend.

Exclusive statistics for the first quarter of 2016, the list of apparel listed companies.

Data show that in the first quarter of 2016, 37 apparel listed companies had a revenue of 36 billion 280 million yuan and a net profit of 4 billion 902 million yuan (except Giordano).

A list of the list of apparel listed companies in the first quarter of 2016

Over half of the apparel business revenue decline

According to the list, in the statistics of 37 apparel enterprises, the China Group ranked first in the list of 5 billion 563 million yuan, YOUNGOR and

They were divided into two or three places by 5 billion 558 million yuan and 5 billion 153 million yuan respectively.

And successfully drew a certain distance from the fourth place Erdos (3 billion 518 million yuan).

According to statistics, 19 enterprises in 37 enterprises have declined in revenue, accounting for 51.4%.

Among them, the revenue dropped most severely, down 28.64%.

The biggest increase was 118.93%.

The reason lies in the smooth implementation of the development strategy plan formulated in 2015.

It is reported that the company has established a number of supply chain management and brand management companies, for many businesses and customers to provide efficient, low-cost centralized procurement and shop management, merchandise display, marketing and other value-added services.

During the reporting period, the supply chain management and brand management related businesses have been developing rapidly, achieving operating income of 457 million 438 thousand and 200 yuan, resulting in a substantial increase in operating income.

Among them, both revenue and net profit fell by 10, accounting for 27.03%.

Net profit rise and decline, the basic level of growth is weak.

In terms of net profit, YOUNGOR topped the list with 2 billion 447 million yuan, which is 1 billion 489 million yuan higher than that of the Hai Lan family, which ranks second in net profit.

Although the revenue and net profit of YOUNGOR's main garment industry have declined, the overall net profit of the company has increased by 76.3% over the previous year.

In response, YOUNGOR said that the reason for the year-on-year increase in net profit was that the real estate sector benefited from the policy support and the difference in the project carried forward. The average gross profit margin of the real estate project settled substantially increased compared with the same period last year, and realized net profit of 1 billion 49 million 678 thousand and 100 yuan, an increase of 201.48% over the same period last year.

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Other brands in the industry, such as Shanshan stock, news bird, and Mu Sen stock, have not yet achieved better results.

The first quarter results report of Shanshan 2016 showed that the net profit attributable to shareholders of listed companies decreased by 87.26% over the same period last year, mainly due to the sell-off of some shares of Ningbo bank during the same period last year, resulting in an investment income (including tax) of 363 million 718 thousand and 800 yuan.

The net profit of news birds has fallen by a larger margin, reaching 86.16%.

Busen shares fell 157.7% in net profit year-on-year, accounting for the biggest drop in net profit in the list. The company blamed the weakness in the sales market and the decline in customer orders.

The biggest increase was 757.09%.

Mainly during the reporting period, the company's operating income increased and consolidated gross profit margin increased, resulting in an increase in net profit.

In stark contrast, Shanghai's three hair, meindinda, Jia Linjie, Meyer, and Busen share the 5 garment enterprises that have been losing money.

As for the decline and slowdown in performance growth, many apparel companies generally say that weak market demand is a major factor affecting performance.