Textile And Clothing Industry: Textile And Clothing Market Demand Continues To Release, Leading Brand Performance Recovery

Industry core point of view:

Last week, Shenwan textile and garment index rose 0.60%, which was 0.01 percentage points lower than the Shanghai Composite Index, and ranked 14th in the 28 primary industry indexes of Shenwan. Pathfinder, Hailan home, Bangjie shares rose first. The A-share market has entered the mid season, and the leading performance of clothing brands represented by Hailan home has taken the lead in warming up. In the short term, the domestic epidemic situation will be gradually controlled, social consumption will gradually recover, textile and clothing market demand will continue to release, and the situation of individual stock fundamentals will be further improved. In the medium and long term, the epidemic has prompted more and more people to pay attention to physical health and physical exercise. In the future, with the increase in the number of people going out for activities and the formation of exercise habits, the demand for sports clothing is coming back, and we will continue to look forward to the leading enterprises of high-quality sports clothing that have been oversold by the epidemic.

Key investment points:

Market review: last week (August 17 - August 21), Shenwan textile and clothing index rose 0.60%, 0.01 percentage points lower than Shanghai Composite Index, ranking 14th in the 28 first class industry indexes of Shenwan. Since the beginning of the year, Shenwan textile and garment index has risen 0.58%, 10.26 percentage points lower than the Shanghai Composite Index, ranking 25th among the 28 primary sub industries of Shenwan. Second sub plate, textile manufacturing last week - 0.40%, clothing and home textiles 1.15%. The PE value of the plate is 25.98 for textile manufacturing and 38.62 for clothing and home textile. In terms of the third sub sector, in the textile manufacturing last week, wool spinning - 1.43%, cotton spinning 1.54%, silk - 1.20%, printing and dyeing 1.36%, accessories - 3.46%, and other textiles - 1.41%; clothing and home textiles, men's clothing 2.85%, women's wear - 0.08%, casual wear 0.35%, shoes and hats - 0.02%, home textile 1.66%, other clothing 0.89%.

Important events in the industry: Foreign: rentthe runway announced the permanent closure of all physical stores; cross border co branded shoes were released in the US open season. In China: Hailan's home has been revived by live broadcasting; you are hungry to enter the fashion circle; Tebu has become the official partner of Chengdu Universiade in 2021. Important announcements of listed companies: Sanfangxiang, Xinlong holding, Hailan home, qipinlang, Hongdou, Jujie microfiber, baoxiniao, etc. issue half year reports; xunxing shares receive government subsidies; jiumuwang shares are pledged.