Alisted textile and apparel companies2022 annual report preview is coming to an end, 2022 is an unusual year In the middle of the year, it is important to detect changes in the company’s operating conditions in advance. However, affected by the impact of the epidemic, geopolitical conflicts, interest rate hikes in Europe and the United States, etc., the macro environment in 2022 will be relatively complex, and some companies will Performance has also come under greater pressure.
Monitoring data shows that as of2023 year1 month31 span>On the evening of the same day, A shares totaled 45 listed textile and chemical fiber companies disclosed2022 annual report performance forecast, among which, 4 companies have pre-increased, 13 companies suffered their first losses, and 19 companies made reductions in advance. As for the main reasons for the decline in performance, companies generally stated that they were affected by the international situation, energy crisis and repeated epidemics. Domestic and foreign macro factors such as these are intertwined to drive and influence, especially in the first half of the year, the long lockdown period in various places led to logistics obstruction and poor customer communication. At the same time, industry competition intensified, terminal demand was weak, and the international environmental energy crisis led to a sharp increase in the price of bulk commodity raw materials. due to rising prices and other reasons.
Industry insiders believe that from the perspective of the textile manufacturing sector, most of the listed companies in the sector are export-oriented textile companies. High-quality textile manufacturing companies have benefited from the increase in the supply chain share of old customers, the continued expansion of new customers, and the improvement in competitiveness brought about by the depreciation of the RMB (some The company benefited from factors such as the significant increase in demand for protective products, and its operating income achieved double-digit growth.
In addition, as of1 month30, 17Jiashe clothing business listed company’s preview2022 annual performance, from the overall situation, affected by multiple factors such as repeated domestic epidemics, slowing market demand, rising operating costs, etc. Due to the combined effects of factors, the performance of many companies has declined significantly. In particular, the peak clothing sales season in the fourth quarter of 2022 has encountered a rebound in the epidemic in many places, which has had a serious impact on physical store operations, thereby dragging down the full-year performance.
In response, apparel companies have taken measures such as expanding online sales, increasing product technology research and development, and accelerating digital transformation to try to reverse the adverse impact of the epidemic. Everyone agrees that the impact of the epidemic is only temporary. With the country’s accelerated implementation of a series of measures such as “expanding domestic demand and stabilizing the economy”, especially in 2023 >The “good start” in consumption during the Spring Festival will drive the accelerated recovery of the consumer market in the new year and boost corporate sales to significantly improve.
Chen Meng, an analyst at Beijing Capital Securities, believes that the textile manufacturing sector is mostly export-oriented textile companies and has deployed production capacity at home and abroad. It has been relatively less affected by the domestic epidemic. Its revenue and performance in the first three quarters were stronger than those of the clothing and home textiles sector. . The leaders in each segment rely on their core advantages, especially benefiting from factors such as the increase in the supply chain share of old customers, the continuous expansion of new customers, and the improvement of competitiveness brought about by the depreciation of the RMB (some companies benefited from the significant increase in demand for protective products), operating income Achieved double-digit growth. But it should also be noted that in the first three quarters of 2022, the overall revenue growth rate of the textile manufacturing sector was weaker than expected. The main reason is that Since the second half of 2022, downstream customers of export textile companies have been affected by factors such as the Russia-Ukraine conflict, inflation in Europe and the United States, and high inventories. The demand for orders from manufacturers has gradually weakened. However, amid the depreciation of the renminbi and domestic defense Under the influence of factors such as increased demand for control products and demand for cold protection in Europe, the operating income of the textile manufacturing sector still achieved double-digit positive growth in the third quarter.
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