Real Estate Revenue Goes Directly To Clothing Red Beans And Become An Alternative Clothing Company.

Red beans share related people said that with the constant introduction of property policy,

Though reiterated many times

"Red beans are commercial real estate.

As early as 2007, the financial crisis was temporary, and the company had already felt it.

Semi annual report shows that in the specific product revenue situation, clothing accounts for about 320 million of the share of the majority of the proportion, but the real estate business closely followed, revenue is about 300 million yuan; and from the operating profit margin situation, clothing for 26.85% of the operating profit margin, real estate is 35.47%.

On the whole, the two are equal.

More high-quality assets lingering outside

Public information shows that the red bean group's business includes clothing, Taxus, real estate, tires and so on, and diversified businesses are always the pride of the red bean group. In November 18, 2011, at the "2011 best business model China Summit" held in Beijing, the red bean gathering group won the "2011 best business model ten strong" award with the "multiple expansion of the industrial chain".

The key words for its awarding are: building up a new industry group in the collaborative development of clothing, real estate, rubber tires and biopharmaceutical.

Because of the sharp decline in the performance of Hong Kong stock this year, investors expect the voice of the red bean group to put its high-quality assets into listed companies.

In fact, as early as the end of 2010, the red bean stock was rumored to be injected with Paclitaxel injection, although the company later said that Paclitaxel injection into the listed company was impossible at all, while the majority shareholder was intent to separate the Taxus and general technology two assets separately.

A few months later, the market again reported rumors of big shareholders wanting to put paclitaxel into the listed company.

For those whose performance is not a strong red bean stock, if they can get the big shareholders to help them into high-quality assets, such as underwear and home business, it will undoubtedly be a shot in the arm. However, the relevant people in the red bean group did not give a positive reply, but said that if the time is ripe, they will not be ruled out.

According to the above personages, in the field of red bean clothing, the development trend of home textiles and women's wear is also very strong, but this part of assets have not entered the joint stock company. "Group planning is hoping to open to ten thousand stores by -2017 in 2015, and because the men's clothing shop opens too high, the most open shop will be the red bean home project.

The focus of future development of group clothing business is to pay equal attention to home and men's clothing.

Performance stock price is not equal?

Since the beginning of this year, cotton prices have continued to decline, making the industry very worried about the listed companies which are mainly textile and garment businesses. But those people said in an interview with reporters that cotton prices have little impact on clothing enterprises directly. "Its volatility is time poor. Although the price has been declining this year, it has been almost negligible when it comes to clothing and fabric level.

Moreover, for all garment enterprises, the fabric is rich, and it does not simply use pure cotton fabrics. Of course, if the home textile business is the main, the impact will be much more obvious.

As for the expansion of clothing business, with the increase in the number of clothing stores opened, the management cost of red bean shares has risen sharply.

Under the influence of multiple factors, the net profit of Hong Kong's share decreased by 36.88% in the first three quarters. Due to the combined influence of factors such as the lack of major positive incentives, the performance of Hong Kong's share price was also poor. According to the great wisdom, the number of red beans has fallen below the issue price of 7.4 yuan since listing, and ended at 5.18 yuan as of November 18th.

In addition, the half year report of Hong Kong stock shows that the main business of cotton spinning business is about 66 million 430 thousand yuan, but the profit margin is only 3.15%.

However, for the current red bean stock, compared to the low profit margins of cotton spinning business and the continuous decline of cotton prices, the long-term decline of stock prices is more concerned by investors.

According to great wisdom, the issue price of Hong Kong stock officially landed on A shares in 2001 was 7.4 yuan, and the opening price for the first day was 17.88 yuan. But after that, stocks rarely maintained at the price of more than 10 yuan, but several times below the issue price, and remained at a price of 3 or 4 yuan for a long time.

For a listed company, whether the continuous decline of share prices also reflects investors' negative performance of the company's performance?

The above people said: "red bean is a solid industrial company. The stock price is bad. It means that we are more focused on industry than finance.