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Textile and garment industry is expected to rapidly growing concern over the performance company - by wqegtf rebr





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Textile and garment industry is expected to rapidly growing concern over the performance company - by
Article Posted: 02/13/2011
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Textile and garment industry is expected to rapidly growing concern over the performance company -


 
Business,Business News,Business Opportunities
As in the second quarter Sell Off-season, and the company's valuation of the basic level in a more reasonable, we believe that the recent Clothing Textile Investment opportunities in the industry around a quarter of principal-than-expected results or fast-growing company, in April Clothing Overall the company expects orders will be in line with expectations, the company performs well, the sustainable growth concerns.

-Than-expected first quarter earnings performance or faster-growing companies include: Rich, Anna, rollei textile, Pathfinder, Smith Barney costumes, Saturday, Old Phoenix and seven wolves. We consider marketing the ability to present the majority of brand extension are to expand as the main engine of growth is very important cases, revenue growth will direct the company to expand capacity to match the extension. Gradual recovery in demand particularly in the context of the company's income situation is that we judge a company's operating condition of a very important indicator.

Increase of 30% or more of the Company: Rich, Anna, rollei textile, Pathfinder, Smith Barney costumes, Saturday, Old Phoenix. Textile demand to restore the two companies, effective development, support and other factors listed under the dividend, expanding the scale of good performance; Pathfinder continue to benefit from high growth industries; Barney joined in the efforts to improve market operation situation, the performance of good revenue growth ; Saturday in 2009 to integrate the efforts of store quality, income trends have emerged a better performance.

Increase of more than 10% to 20% of the Company: 7 wolf, good news birds. Although seven wolves for 10 years will increase in spring and summer orders lower, but with the recovery of end demand, the company has the effect of actual operations-than-expected performance; good news Bird terminal sales maintain a steady growth trend.

More stable growth companies: Weixing, large Young Creation, Lutai. -Than-expected first quarter net profit or increase the performance of fast include: Rich, Anna, rollei textile, Pathfinder, Old Phoenix. In addition to expanding capacity extension, guarantee stable or has improved the gross margin level and the cost of maintenance of health status that affect important aspects of the company's profits.

Increase of 30% or more of the Company: Rich, Anna, rollei textile, Old Phoenix. Textile company's gross margins because of the continuing good condition to ensure a good growth in net interest; Old Phoenix from 09 chronology Xianchu margin improvement.

Increase of more than 10% to 20% of the company: on Saturday, seven wolves, Pathfinder, good news birds. Saturday, a quarter from the income tax rate from 12.5% to 25%, which lowered the net profit growth; seven wolves in the channel integration period, gross margin improved performance can be maintained; Pathfinder because of increased costs to develop faster than revenue, resulting in net profit growth below revenue growth.

Steady increase in the company: Weixing, large Young Creation, Lutai. Negative growth companies: Smith Barney costumes. Joined last year to change the situation and bring holiday discounts more-than-expected decline in gross margins, cost rates remained high.

Investment advice: combined net income and status, and valuation levels, we recommend the recent focus on seven wolves, Anna and rollei rich textile, the three companies in the first quarter of the overall performance ideal; Smith Barney to be a bad quarter effective post-release, can progress with the equity incentive to improve the situation with the second quarter, while net profit concerns; good news birds have some valuation advantages, but requires looking at its future operations expected to be clear; Saturday stability in sales trends and valuation of the background to digest Next, in the second half more attention; Weixing season with the advent of the third quarter, but also focus in the second half. April is a clothing company ordering the data period, is expected in line with expectations or slightly-than-expected performance, and growing concern about the performance of good corporate sustainability.

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