On the Chinese textile and apparel industry market situation
Summary: With the rapid development of China's economy for many years, the past two years, economic growth has leveled off into a relatively stable stage, at this stage, China's textile and garment industry will start facing new development environment. So, at this stage, the development of the clothing market in the end how it?
With the rapid development of China's economy for many years, the past two years, economic growth has leveled off into a relatively stable stage, at this stage, China's textile and garment industry will start facing new development environment. So, at this stage, the development of the clothing market in the end how it? Xiaobian for everyone one by one.
First, the status of Chinese textile and apparel market analysis
1, the textile and apparel industry market demand analysis

On the demand side, the sluggish demand at home and abroad by the re-manufacturing division of influence, in 2015 China's textile and garment export volume and price Double Down Pattern, 2016 January-February data is still poor, began a strong rebound in March, we still believe that the main impact of low base. From the point of view of the export structure in 2015, especially in Europe and the United States remains China's major exporting countries. Domestically, demand has been under pressure, but with the advent of the Internet era under a new business model, we believe that the domestic textile and apparel will present structural opportunities, fast fashion and customization will be the dominant trend of consumption.

2, to stock performance fade
Stock troubled textile and clothing problem for many years, we are particularly concerned about the trend of the apparel industry Stock class financial indicators. From the inventory turnover ratio index, the inventory turnover rate overall textile and apparel industry from 2011 all the way down the high-growth stocks in 2015 have stabilized, but clearly differentiated sub-sectors, as well as men's outdoor leisure sector inventory turnover has been the first turn it is good.
3, earning capacity analysis
2015 Overall, the textile and garment sector overall revenue growth achieved positive growth (YOY to 4.69%), net profit attributable to parent company rose 5.3%. 2016 a quarter of the industry's overall performance is significantly accelerated, the main revenue grew 6.67%, net profit attributable to parent company grew 24.55%. Income-generating capacity, sales gross margin (29.06%) compared with 2014, an increase of nearly one percentage point, carefully composed to create products to enhance the premium capacity. During the overall expense ratio also improved, in particular, the cost of sales ratio rose by a big margin, leading to sales margin basically unchanged from 2014. 2016 a quarter of the company's revenue-generating capacity has improved, the price of cotton clothing chain cost of transmission is one of the factors.
Sub-category, the men's performance is relatively stable, home textiles, shoes and hats and textile manufacturing remains under pressure, women's underwear relatively certain signs of recovery, including underwear more prominent. Under national sports sports leisure side the main income growth significantly, but operating profit and net profit attributable to parent company was negative growth, compared to the performance sports category Hong Kong stock market is more stable. Appearing electricity supplier the explosive growth in 2015, the main revenue and net profit have both been rapid growth.