Market Overview - The apparel and home textile sector increased by 0.69% on January 29, with Aokang International leading the gains [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] Top Performers - Aokang International (603001) closed at 10.44, up 10.01% with a trading volume of 168,500 shares and a turnover of 172 million yuan [1] - Hason Co., Ltd. (603958) closed at 17.38, up 10.00% with a trading volume of 320,100 shares and a turnover of 548 million yuan [1] - Ribor Fashion (603196) closed at 28.68, up 4.94% with a trading volume of 83,700 shares and a turnover of 238 million yuan [1] Underperformers - ST Erya (600107) closed at 5.72, down 4.83% with a trading volume of 106,600 shares and a turnover of 62.08 million yuan [2] - Kanglongda (603665) closed at 35.57, down 4.82% with a trading volume of 53,900 shares and a turnover of 193 million yuan [2] - Bangjie Co., Ltd. (002634) closed at 5.40, down 4.09% with a trading volume of 192,400 shares and a turnover of 105 million yuan [2] Capital Flow - The apparel and home textile sector experienced a net outflow of 34.88 million yuan from institutional investors, while retail investors saw a net inflow of 47.81 million yuan [2] - The top net inflows from retail investors included Aokang International (603001) with a net inflow of 14.61 million yuan, and Ribor Fashion (603196) with a net inflow of 1.29 million yuan [3] Summary of Capital Flow by Company - Aokang International had a net inflow of 14.61 million yuan from institutional investors, with a net outflow of 619,960 yuan from speculative funds [3] - Hason Co., Ltd. saw a net inflow of 7.06 million yuan from institutional investors, with a net outflow of 5.94 million yuan from speculative funds [3] - Semir Fashion (002563) had a net inflow of 2.69 million yuan from institutional investors, with a net outflow of 2.30 million yuan from speculative funds [3]

01． 行业分化加剧，奥康国际们深陷亏损泥潭 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：证券之星 近年来，受到运动鞋、休闲鞋的冲击，曾经象征着体面与进阶的传统皮鞋，正逐渐褪去昔日夺目的光 彩。在行业普遍面临需求放缓、产销承压、行业竞争加剧等挑战下，老牌巨头奥康国际（维权） （603001.SH）的步履尤为沉重，公司近日披露的2025年业绩预告显示，预计2025年实现营收19.23亿 元，同比下降约24.55%；预计2025年实现的归母净利润和归母扣非净利润分别亏损约2.37亿元和2.64亿 元。 证券之星注意到，这将是公司扣非净利润连续第七年录得负值，过去七年间，这项反映主业盈利状况的 指标，累计亏损额已高达约11.62亿元。面对不利的外部环境，奥康国际坦言，其主营的皮鞋业务销售 面临压力，整体收入未达预期，尽管公司持续加强成本费用端的管控，但营收规模的下滑仍致使公司利 润进一步承压。 数据显示，这一收缩趋势近年来持续加剧：2023年，中国皮鞋产量与需求量已分别降至35.91亿双和29.2 亿双，出现小幅下滑；至2024年，产量进一步走低至35.78亿双。进入2025年上 ...

Group 1 - The core viewpoint of the article is that Aokang International (603001.SH) primarily focuses on domestic sales, with its overseas sales not including EU member countries [1] Group 2 - The company has stated its current sales strategy emphasizes the domestic market [1] - The overseas sales operations are limited and do not extend to the European Union [1]

Group 1 - The stock of Aokang International (603001) fell by 6.79% today, with a turnover rate of 9.20% and a trading volume of 361 million yuan, showing a fluctuation of 11.33% [2] - The stock was listed on the Shanghai Stock Exchange due to a daily decline deviation of -7.12%, with a net selling amount of 47.52 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction of 157 million yuan, with a buying amount of 54.63 million yuan and a selling amount of 102 million yuan, resulting in a net selling of 47.52 million yuan [2] Group 2 - The largest buying brokerage was Goldman Sachs (China) Securities, with a purchase amount of 20.33 million yuan, while the largest selling brokerage was CITIC Securities, with a selling amount of 27.80 million yuan [2] - The stock experienced a net outflow of 34.04 million yuan in main funds today, with a significant single net outflow of 36.33 million yuan and a large single net inflow of 2.29 million yuan [2] - Over the past five days, the main funds have seen a net inflow of 18.15 million yuan [2] Group 3 - Aokang International's Q3 report for 2025 indicated a total revenue of 1.479 billion yuan, a year-on-year decrease of 21.65%, and a net loss of 209 million yuan [2] - The company released a profit forecast on January 22, 2025, expecting a net loss of 237 million yuan, representing a year-on-year decline of 9.85% [3] - The trading data on January 23 showed significant selling pressure, with the top selling brokerages including CITIC Securities and China Galaxy Securities, indicating a bearish sentiment in the market [3][4]

Market Performance - The apparel and home textile sector increased by 0.67% compared to the previous trading day, with Sanfu Outdoor leading the gains [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Top Gainers - Sanfu Outdoor (002780) closed at 16.72, up 10.00%, with a trading volume of 366,100 shares and a transaction value of 589 million yuan [1] - Zhiyaomeijia (003041) also rose by 10.00%, closing at 63.26, with a transaction value of 396 million yuan [1] - Other notable gainers include Bangjie Co. (002634) up 5.71% and ST Bosen (002569) up 5.01% [1] Top Losers - Aokang International (603001) saw a decline of 6.79%, closing at 9.47, with a trading volume of 368,900 shares and a transaction value of 361 million yuan [2] - Other significant declines include Jiemai Co. (301088) down 2.46% and Luolai Life (002293) down 2.44% [2] Capital Flow - The apparel and home textile sector experienced a net outflow of 48.84 million yuan from institutional investors, while retail investors saw a net inflow of 160 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active [2] Individual Stock Capital Flow - Sanfu Outdoor had a net inflow of 13.7 million yuan from institutional investors, but saw significant outflows from both retail and speculative investors [3] - Other stocks like Explorer (300005) and Zhiyaomeijia (003041) also experienced net outflows from speculative investors, indicating a cautious approach among this group [3]

证券之星消息，1月22日服装家纺板块较上一交易日上涨1.36%，天创时尚领涨。当日上证指数报收于 4122.58，上涨0.14%。深证成指报收于14327.05，上涨0.5%。服装家纺板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603608 | 天创时尚 | 12.05 | 10.05% | 69.04万 | | 8.05亿 | | 603665 | 康隆达 | 36.31 | 10.00% | 9.48万 | | 3.39亿 | | 603001 | 奧康国际 | 10.16 | 9.84% | 33.90万 | | 3.39亿 | | 300005 | 探路者 | 14.12 | 5.22% | 82.33万 | | 11.54亿 | | 002569 | *ST步涂 | 14.96 | 4.98% | 2.44万 | | 3609.20万 | | 601718 | 际华集团 | 3.46 | 3.59% | 123.60万 | | 4.29亿 | ...

1月21日晚间，浙江奥康鞋业股份有限公司（以下简称"奥康国际（603001）"）发布2025年度业绩预 告，预计全年实现营业收入19.23亿元，较上年同期下降约24.55%；归属于母公司所有者的净利润亏损 2.37亿元。公告显示，奥康国际业绩变动主要受行业环境与市场需求变化影响，尽管该公司持续加强对 成本与费用的管控，但营收规模下滑仍导致利润端持续承压。 2025年，中国鞋履行业呈现结构性调整态势，内部品类分化显著，运动鞋品类增速扩张，对传统皮鞋品 类形成替代性冲击，同时，消费分级趋势下，消费者对鞋类产品的需求已从基础功能转向"舒适性+科 技感+时尚度"的综合体验，传统商务皮鞋的刚需场景有所收缩，进一步加剧了市场竞争压力。 中国企业联合会资委会委员董鹏在接受《证券日报》记者采访时表示："2025年传统皮鞋企业普遍面临 转型阵痛，运动品牌通过联名IP、明星代言、社群营销构建的潮流文化壁垒，使得传统皮鞋企业即便推 出同类产品也难以突破消费者心理防线，这种品牌文化与营销能力的断层构成了企业转型的软性壁 垒。" 面对市场挑战，奥康国际坚定推进转型战略，多维度探索业务突破路径。奥康国际相关负责人表 示："公司坚持以消费 ...

Core Viewpoint - The company, Zhejiang Aokang Footwear Co., Ltd., forecasts a negative net profit for the year 2025, indicating ongoing financial challenges due to market conditions and competition [2][3]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of approximately -237 million yuan for the year 2025 [2][3]. - The forecasted net profit, excluding non-recurring gains and losses, is estimated to be around -264 million yuan [4]. - The performance forecast covers the period from January 1, 2025, to December 31, 2025 [2]. Group 2: Previous Year Comparison - In the same period last year, the company reported a total profit of -180.34 million yuan, with a net profit attributable to shareholders of -215.74 million yuan [6]. - The net profit, after excluding non-recurring gains and losses, was -261.07 million yuan [6]. - The earnings per share for the previous year were -0.5380 yuan [7]. Group 3: Reasons for Performance Change - The company attributes the expected decline in performance to intensified industry competition and weak market demand, which have pressured sales in its core footwear business [8]. - Despite efforts to control costs and expenses, the decline in revenue has further strained profitability, with projected operating revenue for 2025 at 1.923 billion yuan, a decrease of approximately 24.55% compared to the previous year [8].

而此前，股东项今羽于2025年12月31日通过集中竞价及大宗交易方式累计减持公司股份1,784,900，占公司总股本的0.45%。本次权益变动后，项今羽的持 股比例由 7.14%减少至 6.69% 1月21日晚间，昔日"男鞋第一股"奥康国际（603001）（603001）发布2025年度业绩预告公告，经财务部门初步测算，预计2025年度实现归母净利润约 为-2.37亿元，扣非后归母净利润约为-2.64亿元。2025年度，公司预计实现营业收入19.23亿元，较上年同期下降约24.55%。 此外，项今羽还在2025年的9月2日至12月1日，共减持奥康国际1139万股，减持比例占公司总股本的2.84%。 值得注意的是，这已经是公司自2022年以来连续第四年录得亏损。从2022年巨亏3.7亿元，到2025年预亏2.37亿元，四年累计亏损额超过9亿元。 近期，奥康国际遭到重要股东密集减持。 据奥康国际1月13日公告，公司于2026年1月13日收到股东项今羽的《关于股份减持计划进展情况的告知函》，截至2026年1月13日，项今羽通过集中竞价 及大宗交易方式累计减持公司股份4,870,000股，占公司总股本的1.21%。本 ...

报告期内，受行业竞争持续加剧、市场有效需求疲软等因素影响，公司主营的皮鞋业务销售面临压力， 整体收入未达预期。尽管公司持续加强对成本与费用的管控，营收规模的下滑致使公司利润进一步承 压。2025年度，公司预计实现营业收入19.23亿元，较上年同期下降约24.55%。 智通财经APP讯，奥康国际(603001.SH)发布2025年度业绩预告公告，经财务部门初步测算，预计2025 年度实现归属于母公司所有者的净利润约为-23,700万元。 ...