Recently, A-share and Hong Kong listed companies have successively disclosed their 2022 performance reports. As of January 30, 17 listed companies involved in clothing business had predicted their annual performance in 2022. On the whole, due to multiple factors such as repeated domestic epidemics, slowing market demand, and rising operating costs, many companies' performance declined significantly. Especially in the peak season of clothing sales in the fourth quarter of 2022, the epidemic situation rebounded in many places, which had a serious impact on the operation of physical stores, thus dragging down the annual performance.
In response, enterprises have taken measures such as expanding online sales, increasing product technology research and development, and accelerating digital transformation to try to reverse the adverse effects of the epidemic. Everyone agreed that the impact of the epidemic is only temporary. With the accelerated implementation of a series of national measures such as "expanding domestic demand and stabilizing the economy", especially the "good start" of the Spring Festival consumption in 2023, the consumer market in the new year will accelerate its recovery and boost enterprise sales.
Anta Sports: sales of Anta's main brand increased slightly
It is expected that the retail sales of Anta brand products in 2022 will achieve a positive growth of low units compared with 2021, the retail sales of FILA brand products will achieve a negative growth of low units compared with 2021, and the retail sales of other brand products will achieve a positive growth of 20% - 25% year on year. Among them, in the fourth quarter of 2022, the retail sales of Anta brand products achieved a negative growth of high number of units on a year-on-year basis, the retail sales of FILA brand products achieved a negative growth of 10% - 20% on a year-on-year basis, and the retail sales of other brand products achieved a positive growth of 10% - 20% on a year-on-year basis. Anta said that affected by the epidemic, offline physical stores in many regions will be closed for most of 2022, and the resulting significant decline in passenger flow and consumer demand will drag down the growth momentum of the company's market sales. Although the company has expanded online sales to offset the impact of suspension of some physical stores, and strictly controlled costs and cut operating expenses, it is still not enough to completely offset the impact and impact of the epidemic. However, in the face of a challenging business environment, Anta's operating cash flow will remain stable in 2022. It is expected that with the gradual implementation of the domestic demand expansion policy, it is expected to seize the growth opportunities after the market recovery and continue to maintain high-quality growth. Tebu International: Retail growth reaches middle double digits
It is expected that the retail sales growth of online and offline channels of Tebu International will reach double digits. In the fourth quarter of 2022, the retail sales of main brands of Tebu will decline in high units, the retail discount rate will be 30%, and the inventory turnover rate will reach five and a half months. 361 degrees: sales of main brands were flat on a year-on-year basis As of December 31, 2022, the retail sales of 361degree's main brands in the fourth quarter of 2022 were roughly the same as that of the same period last year. The retail sales of children's clothing brands achieved a positive growth in the number of low units on a year-on-year basis, and e-commerce sales increased by 25% on a year-on-year basis. China trend: Kappa sales declined by 10% – 20%
As of December 31, 2022, the retail sales of Kappa brand stores (excluding Kappa children's clothing business) under China Dongxiang Group in the fourth quarter of 2022 decreased by 20% – 30% year on year. The annual cumulative retail sales (excluding Kappa children's clothing business) are expected to decline by 10% – 20%. During this period, the number of Kappa brand stores was 1066 (excluding Kappa children's clothing business), 117 fewer than that on March 31, 2022. From the perspective of the same store sales performance, based on the calculation of Kappa brand stores (excluding Kappa children's clothing business) that have been put into operation since the beginning of the same quarter last year, the same store sales in the fourth quarter of 2022 will decline by 10% – 20% year on year. The annual same store sales (excluding Kappa children's clothing business) are expected to decline in the number of medium and high units. Sanfu Outdoor: The revenue is basically the same as last year
In 2022, the closure of multi underground stores and the growth of R&D and marketing investment under the impact of the epidemic will have a certain impact on the performance of Sanfu Outdoor. It is estimated that in 2022, the company's revenue will be basically the same as last year, with a revenue of 550 million yuan to 610 million yuan, compared with 556 million yuan last year; The net profit loss was 24 million yuan - 36 million yuan, while the net profit loss of last year was 26.169 million yuan; Deduct non net profit loss of 28 million yuan to 40 million yuan, while the net profit loss of last year was 26.4026 million yuan. At the same time, Sanfu Outdoor said that this was only the short-term impact of the epidemic on the company's operation, and its core business was still developing steadily, especially the sales of the high-end outdoor brand X-BIONIC acquired grew well year on year. Previously, Sanfu Outdoor had predicted that the annual sales growth of X-BIONIC would be more than doubled in the next two or three years. Noble Bird: net profit reduced by nearly 80%
Guirenniao, which has been restructured in the past two years, has now expanded its main business into three sectors: sports shoes and clothing business, investment attraction and agency operation business, and grain trade business. It is expected to achieve a net profit of 74.7692 million yuan in 2022, a decrease of 286 million yuan, or 79.27%, compared with the same period last year; Non net profit deduction reached 158 million yuan, an increase of 68.5618 million yuan or 6.28% over the same period of the previous year. Giordano: Net profit increased by more than 26%
Continuing the trend of performance growth in 2021, Giordano achieved double digit growth in net profit in 2022. It disclosed that under the circumstances of market sales growth in Southeast Asia and Gulf Arab countries, as well as the company's streamlining of existing business and effective cost control, Giordano should achieve net profits of 240 million to 270 million Hong Kong dollars in 2022, an increase of 26% to 42% year on year. Last year, Chow Tai Fook Holdings, the major shareholder of Giordano, once proposed a comprehensive acquisition at a premium of nearly 20% but failed. Now the share price of Giordano has risen, which is significantly higher than the purchase price last year. Taipingbird: deduction of non net profit decreased by 103%
According to preliminary calculation, the net profit attributable to shareholders of the listed company is expected to be about 195 million yuan in 2022, which is expected to decrease by 482 million yuan compared with the same period of the previous year, or about 71% year on year; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is about - 0.14 billion yuan, which is expected to decrease by 534 million yuan compared with the same period of the previous year, with a year-on-year decrease of about 103%. As for the reasons for the expected decrease in performance, Taipingbird said that the company's retail performance would decline in 2022 and the gross profit of sales would decline year on year due to the influence of factors such as the domestic New Champions epidemic. At the same time, the fixed expenses such as store rent and employee salary are large, resulting in the company's loss after deducting non net profits. Winner fashion: net profit reduced by more than 30%
Since the number of new coronavirus infection cases in many provinces and cities across the country will continue to rise in 2022, which will have a serious impact on the retail sales of the Group, it is expected that the company's earnings will decrease throughout the year. In addition, the company's share expenses arising from the grant of the third batch of incentive shares according to the share incentive plan are expected to reduce the company's net profit by about 35% in 2022 compared with 2021. Xinhe Shares: net profit declines by nearly 50%
According to the disclosure of Xinhe Shares of women's wear brand JORYA and other affiliated companies, under the influence of multiple factors such as repeated epidemics, macroeconomic downturn and abnormal climate in 2022, the company's performance has declined year on year. It is estimated that the net profit in 2022 will be 115 million yuan - 145 million yuan, a year-on-year decrease of 49.5% - 59.95%; Non net profit deducted was 92.3 million yuan - 122 million yuan, down 55.58% - 66.48% year on year. China Lilang: retail sales fell 6% year on year
China Lilang disclosed that the annual retail sales of its products fell by 6% year on year, of which the sales in the fourth quarter of 2022 declined significantly by 23%. Jihua Group: turning loss into profit
According to the disclosure of Jihua Group, in 2022, it will achieve a net profit of 180 million to 220 million yuan, turning losses into profits compared with the same period last year. He said that the growth of performance benefited from the substantial increase in the contracting volume of military supplies orders and epidemic prevention emergency supplies orders, as well as the use of the advantages of the whole industrial chain to improve the coordination level between upstream and downstream enterprises such as fabrics and clothing, rubber and shoes and boots, create overall advantages, drive the further improvement of production and operation quality and efficiency, and realize the year-on-year increase of the company's gross profit. Nanshan Zhishang: double growth of revenue and net profit
In 2022, we will strive to overcome the adverse effects of the epidemic. Nanshan Zhishang will use its technological and R&D advantages to continue to develop high-value imported alternative fabrics and functional fabrics, promote the rapid growth of foreign trade orders, and focus on the textile and clothing business at the same time in the field of new materials, create diversified competitive advantages of products, and achieve performance growth, It is estimated that in 2022, the company's net profit will reach 155 million yuan - 190 million yuan, with a year-on-year growth of 1.7% - 24.66%; Non net profit deducted was 142 million to 177 million yuan, up 1.13% to 26.05% year on year. Lutai: Net profit doubled
Due to the gradual recovery of global market demand driving the growth of product sales and the impact of the RMB exchange rate, Lutai's performance will grow significantly in 2022. It is estimated that in 2022, the company's net profit will reach 850 million yuan - 1.05 billion yuan, with a year-on-year growth of 144.53% - 202.06%; Non net profit deducted reached 750 million to 900 million yuan, with a year-on-year increase of 293.72% to 372.46%. Lu Tai said that although the consumer demand side was somewhat suppressed due to repeated domestic epidemics and high inflation in overseas markets, its product positioning was medium and high-end consumer groups, and its product demand toughness was relatively good. In January this year, the company's fabric capacity utilization rate reached more than 70%, and the clothing capacity utilization rate was close to 100%. Baibaolong: The epidemic has suffered losses for three consecutive years
Since 2020, the net profit of the company has declined for the third consecutive year. After the loss of up to 1.486 billion yuan in 2021, in 2022, Babelon suffered from the impact of the epidemic, a large number of customer losses, a sharp decline in orders, and a large reduction in revenue, resulting in continued losses in the company's performance. It is expected that the annual revenue will be 110 million yuan, and the net profit loss will be 90 million to 120 million yuan. Huijie Shares: performance dropped by nearly 50% year on year
According to the disclosure of Huijie Shares, which is affiliated to the underwear brand Mannifen, the company's performance declined year on year due to the impact of the epidemic, the increase in publicity and sales, and inventory costs. It is estimated that in 2022, the company's net profit will reach 130 million to 152 million yuan, a year-on-year decrease of 53% to 45%; Non net profit deducted reached 120 million to 142 million yuan, down 55.82% to 47.67% year on year.
Wanshili: Net profit fell by more than 90%
In the face of the impact of the epidemic on the overall market, such as insufficient consumption power and declining consumption capacity, Mastery increased its promotion efforts, increased the frequency of promotions, and expanded online sales channels last year. However, the overall performance was less than expected, and the gross profit margin of product sales also declined significantly. It is expected that the company's net profit will be negative in 2022, down more than 90% year on year; Deduct non net profit loss of 23 million to 13 million yuan, a year-on-year decrease of 128.02% to 149.58%.
