Weekly Report On Golden Week Of Textile And Garment Industry:

Plate performance: Shanghai Composite Index rose -0.42% last week, and Shanghai and Shenzhen 300 rose by -0.08%. Spin clothing The plate rose by -0.45%. Two level textile industry increased by -0.44%, and apparel home textiles increased by -0.47%.

Stock performance: last week, the top three companies were: cashmere, Semir. Clothes & Accessories The gains of the nine herd kings were 10.77%, 7.45% and 6.28% respectively. The three biggest companies were Shanghai San Mao, Shenda group and leading shares, or -17.75%, -15.59% and -12.53% respectively.

Valuation changes: last week, the Shanghai and Shenzhen 300 TTM decreased from 9.16 to 9.12, and the TTM of textile and apparel rose from 19.33 last week to 19.33. In two tier industries, the textile manufacturing sector price earnings ratio (TTM) 22.38 was unchanged from last week, and the price to earnings ratio of apparel home textile rose from 17.71 to 17.87.

Important announcement: Luo Lai home textile (002293) third major shareholders reduce 10 million shares; card slave Road (002656) intends to set up a new subsidiary to vote; Jia Linjie (002486) issued corporate bonds to be approved by the securities and Futures Commission; Maison culture (002699) shareholders 5 million 640 thousand shares pledge repurchase transactions.

Industry news: 1) "eleven" golden week residents consumption growth rate of 13.6%; 2) 2013 Ministry of Agriculture: cotton production is expected to decline 337 thousand tons this year; 3) European apparel B2C flourishing development occupies the leading position in online consumption; 4) cowboy clothing brand Levi's Asia Pacific region profits soared nearly six times; 5) Nike new fiscal year first quarter net profit increased year by year 38% China market income decreased;

Raw material price: cotton price: 328 level spot 19473 yuan / ton; chemical fiber: viscose staple fiber 12780 yuan / ton, viscose filament 33900 yuan / ton, polyester staple fiber 10010 yuan / ton, polyester filament DTY11900 yuan / ton, FDY11350 yuan / ton, POY10000 yuan / ton; yarn: 32S cotton combed yarn 25785 yuan / ton; 40 cotton combed yarn 30620 yuan / ton; grey cloth: 10 indigo denim 10.15 yuan / m, 32 cotton pure twill 10.15 yuan / meter.

This week's view: this week's overall performance of textile and apparel industry is basically the same as that of the whole market. The casual wear and men's wear industry in the apparel home textile industry continues its good performance and continues to lead other sub sectors. At the same time, under the condition of a slight fall in the market valuation level, the industry valuation level has still been slightly improved, and the main contribution still comes from the clothing home textile plate. "Eleven" golden week residents consumption growth is better than the growth rate of social sales in August, and the average daily consumption increased by 24% year-on-year, indicating that the domestic consumer market is further improving. Among them, the new autumn and winter costumes and outdoor sporting goods promote clothing. shoes Hat sales increased rapidly. This week entered the three quarterly disclosure period, accompanied by the arrival of the peak season of clothing sales at the end of the year. Give the industry "neutral" rating.