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    YOUNGOR Brand Net Profit Continues To Decline, How Will The Future Development Route Be Adjusted?

    2013/7/23 18:34:00 38

    YOUNGOR BrandYOUNGORBrand

    < p > YOUNGOR's future development route after buying the new land is still unclear. How can YOUNGOR be a company? Few people can speak it clearly. In recent years, the a target= "_blank" href= "http://www.91se91.com/" dress less than /a has become a craze for diversified investment, even at a heavy cost. Recently, YOUNGOR announced the lifting of the land contract with the Hangzhou land and Resources Bureau, returning the land of Shenhua plate, and lost the 484 million yuan deposit previously paid, which is equivalent to half of its sales of all shirts sold in 2012. < /p >
    What shocked the industry more than P was that YOUNGOR, who just retired, announced that it would compete for a new plot at a price close to 300 million yuan and continue to invest more in the real estate sector. Various moves have raised the company's attention again. < /p >
    < p > < strong > after the land is retreated, the new plot < /strong > /p >
    < p > YOUNGOR's two exit is one of the "land kings" projects in Hangzhou in 2010. YOUNGOR executives told the inside story, "the company soon encountered macroeconomic regulation and control, and the market was affected. Later, there were some changes at the government level, hoping to pay late fees, plus the overdue floor price of 21 thousand yuan / square meter - 22 thousand yuan / square meter." So dragging down enterprises is in a more difficult position. < /p >
    < p > there is an analysis that YOUNGOR's payment in land transactions is not timely. In December 3, 2010, YOUNGOR signed a land transfer contract with the Hangzhou land and Resources Bureau, which agreed that the first phase of the land transfer amount totals 1 billion 210 million yuan, but in 2011, the YOUNGOR annual report showed that only 791 million yuan was paid in December 31st. YOUNGOR's 2012 China Daily also disclosed that it paid 1 billion 210 million yuan of land prepayment to the Hangzhou land and Resources Bureau. < /p >
    < p > however, the truth is not yet. YOUNGOR, who just retired, announced that it would compete for a new plot at a price close to 300 million yuan. For the specific operation of the auction, the reporter contacted YOUNGOR related news departments through various ways, but as of press release, the company still did not give a reply. < /p >
    < p > however, some experts expressed their understanding of YOUNGOR's move. Xiong Xiaokun, a light industry researcher at CIC, told the China enterprise daily that YOUNGOR is still optimistic about the development trend of real estate. It is hoped that real estate can still be one of the three pillars of corporate performance. < /p >
    < p > < strong > net profit continues to decline < /strong > < /p >
    < p > the above ground breaking wave made 484 million huge sums of money, equivalent to 30% of YOUNGOR's net profit of nearly 1 billion 600 million yuan in 2012. Public information shows that YOUNGOR's total profit has once again lit a "red light". The net profit of shareholders belonging to parent company in 2012 has slipped to 1 billion 599 million yuan and returned to the level of 2008. In the first quarter of this year, the profit index was only 259 million yuan, a sharp decrease of 83.79% compared to the same period last year. In the first quarter of this year, the net profit attributable to the shareholders of the apparel sector was less than 210 million yuan, down 20.75% from the same period last year. < /p >
    < p > it is reported that YOUNGOR and its top executives have made many statements, "will gradually reduce the scale of financial investment, and further increase the input of < a target=" _blank "href=" http://www.91se91.com/ "> brand clothing" /a ". After 5 years, YOUNGOR tried another strategic transformation. < /p >
    < p > however, with the disclosure of the 2012 annual report and a quarterly report in 2013, the market is increasingly aware that if YOUNGOR pays the full amount of money before the aggressive investment behavior, it has a long way to go. In 2012, the sale of the financial assets held by the company has further shrunk by 737 million yuan, and the shareholdings of Lingyun, Hai Li and Seiko technologies have been reduced by more than 214 million yuan. < /p >
    < p > < strong > the future development route is still not clear < /strong > < /p >.
    < p > YOUNGOR mode has been criticized by the industry. How will the future development route be adjusted, or whether it will continue to deviate from its main business? The reporter contacted YOUNGOR related news departments through various ways, but as of press release, the company has not yet given a positive reply. < /p >
    Professor P, Professor of economics at Tianjin University of Finance Economics, thinks that entrepreneurs paid too much attention to short-term earnings in the past few years, which made the development of virtual economy overheating. Enterprises ignored the long-term risks brought by investment. "Micro-blog" This type of enterprise loses not only the principal part of financial investment, but also the opportunity to develop industry. < /p >
    < p > in fact, in 2012, when YOUNGOR announced the contraction of the equity investment front and the turning back to the garment manufacturing base, the garment industry itself was no longer what it used to be. A garment industry executive admitted to reporters that in recent years, as more and more clothing brands went public, new brands came from behind and quickly seized market share. Comparatively speaking, the road to YOUNGOR's return is even more bumpy. The whole garment industry is going through an unprecedented difficult inventory cycle. < /p >
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