China'S Textile Companies Are Involved In Real Estate.

According to incomplete statistics, < a href= "http://www.91se91.com/ > > textile and apparel < /a > listed companies include: YOUNGOR, Vico essence, red bean stock, black peony, leading shares, ST Jiangnan B and ST Rey B.

In addition, the main business of the industry includes leasing business; the main business of deep textile industry includes property leasing management business; ST main business includes rent business; Huafang textile main business includes warehousing industry.

< p > no matter whether it is investment in real estate or rental property, it has nothing to do with textile and garment business.

Some analysts in the industry pointed out to the Securities Daily reporters: "textile industry investment in real estate does have a tendency to follow the trend of speculation and do not engage in serious business, but it is also related to the current difficult situation of the textile industry as a whole, and it will cause some adverse effects on the main business."

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< p > investment < a href= "http://www.91se91.com/news/" > Real Estate < /a > happiness and worry < /p >

< p > according to the statistical data of 2011 Annual Reports of textile and apparel listed companies, a reporter has found that the listed companies that are relatively large in real estate investment include YOUNGOR, Victor essence, red bean stock and black peony.

Among them, the Black Peony construction business accounts for 81.40% of the company's main business profit, which is the highest proportion of the real estate companies in the above-mentioned companies. However, judging from its gross profit margin of 23.06%, the company's real estate business profit is not satisfactory.

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< p > in fact, the best part of the real estate business is the essence of Vico. Its real estate business accounts for 72.88% of the main business profit. Meanwhile, the gross profit margin of its real estate business is as high as 49.86%.

In addition, the proportion of real estate business between YOUNGOR and Hong Kong Group in the main business profits will be reduced by 33.37% and 50.11% respectively, and the gross profit margin of real estate will reach 42.94% and 39.04% respectively.

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< p > for the above real estate business has become a listed company's main business company, CIC consultant real estate industry researcher Han Changji analyzed to reporters: "when real estate business has become the main business of the company, it is difficult for the company to easily reduce the risks or benefits of the real estate business by selling corresponding assets or subsidiaries. Once the real estate market changes, the company is bound to be affected."

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< p > today, following the State Council's regulation of "five countries" and its rules, there are reports that local governments in Shenzhen, Beijing, Shanghai, Guangzhou and other places are quietly implementing the "five country" rules.

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< p > plus the previous sale of private housing, the personal income tax should be levied according to the regulations. It should be strictly calculated according to the 20% of the pfer proceeds, and the first payment ratio and the loan interest rate of the two suite housing loans should be increased.

Since the introduction of the new property market, housing pactions in the domestic market have been active, and real estate stocks have been hit.

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< p > "the macro-control of the state's real estate market is bound to affect the real estate business of the companies mentioned above. The real estate market is a unified and closely linked market. Enterprises that invest in the real estate market outside the real estate sector, and those with a larger proportion of real estate income will suffer a greater impact, which may affect the company's net profit."

CIC consultant real estate industry researcher Han Changji said so.

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< p > national regulation of real estate, the above-mentioned companies also hold a wait-and-see attitude. Some insiders tell reporters that the company's real estate business is very profitable, and whether it will be adjusted in the future is unclear.

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< p > then, should the investment real estate company be adjusted? Han Changji suggested: "under the current situation, enterprises can adopt a shrinking strategy, prudently measure the risks of real estate projects, and prepare for contingency strategies. On the other hand, we can consider whether we need to invest in the original textile main businesses so as to diversify risks and increase profits."

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< p > Black Peony selling stock < /p >

< p > black peony is the largest enterprise of domestic denim production and sales. Since its entry into real estate in 2009, its main business is made up of two parts: textile, clothing and construction.

According to the annual report of the black peony, in 2011, the proportion of the main business income of the construction industry was 71.85%, while the proportion of the company's construction industry accounted for 81.40% of the main business profits.

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< p > however, as of the first half of 2012, the proportion of Black Peony's construction business has shrunk.

Data show that in the first half of 2012, construction business accounted for 60.84% of the main business revenue, accounting for 78.05% of the main business profit ratio.

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After the entry of P and January 2013, the "Black Peony" issued the "notice on the pfer of shares of wholly owned subsidiary". The company's wholly-owned subsidiary, Changzhou black Mudan Real Estate Co., Ltd. pferred the 30% equity interest of Changzhou century peony home Limited (hereinafter referred to as "century peony") to Jomoo Jiangsu Yuncheng Real Estate Co., Ltd., and the pfer price was 12 million 200 thousand yuan.

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< p > it is understood that peony was founded in July 8, 2008 with a registered capital of 30 million yuan, and its main business is real estate development.

Private property rental and property management.

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< p > Black Peony explains the reason for the pfer of shares is "in view of the fact that the cooperative development project is basically over, and there is no subsequent development of land".

Data show that as of September 30, 2012, century peony assets total 81 million 771 thousand and 900 yuan, total liabilities 51 million 829 thousand and 300 yuan, net assets 29 million 942 thousand and 600 yuan; in 2012, 1-9 month business income 760 thousand and 900 yuan, the company net profit is -807.46 million yuan.

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< p > from the above data, we can see that the net profit of century peony has already been reported deficit, while the Black Peony said in the announcement that only one buyer of Jomoo Jiangsu Yuncheng Real Estate Co., Ltd. was listed at auction.

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< p > this phenomenon, Han Changji, a real estate researcher of China investment consulting, told reporters: "a href=" http://www.91se91.com/news/index_c.asp "> textile and garment > /a > industry investment real estate, but the business performance is not good because the development of the real estate market has been more in-depth, and it has put forward higher requirements for the level of specialization, investment and operation and management of real estate projects. There is a lack of professional operation, experience accumulation and financial strength in the real estate market.

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< p > to invest in real estate, Han Changji suggested: "the company should return to the right path and sell the corresponding real estate business to strengthen investment in technology, talent, design and other aspects of its main business."

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