Service Companies Cash Flow Thirsty 8 Companies Draw Up 10 Billion 123 Million Yuan To Supplement Blood

Statistics show that in the three quarter of this year, 77 households Textile and clothing The net cash flow from operating activities of listed companies amounted to 6 billion 728 million yuan, compared with 9 billion 432 million yuan in the same period last year, a decrease of 28.67% over the same period last year.

With the change of consumption concept and the weakening of the consumer market, the textile and garment industry has not yet come out of the trough. Not only that, after the clothing industry owners have been in debt and run the road, more and more textile and clothing companies have been "cut out" because of the shortage of funds.

According to statistics, textile has been published in the three quarterly report. clothing Listed companies in the industry, nearly 40% of the company's net cash flow from operating activities is negative. In the second half of this year, 8 companies including Zhong Guan A, Changshan stock and Saturday announced the plan of private placement, and the total amount of 1 billion 432 million shares is expected to be increased by 10 billion 123 million yuan.

A listed company has indicated that the company's private placement is mainly for the major shareholders, while the major shareholders can also increase the shares of the company. In addition, some companies say that the company's private placement is to supplement cash flow so as to facilitate future business expansion.

Service enterprises cash flow hunger

Statistics show that a total of 77 listed companies of textile and garment industry have published the specific data of net cash flow from operating activities in the three quarter of 2014. According to the calculation, the total net cash flow of the 77 public sectors in the three quarter of this year amounted to 6 billion 728 million yuan, compared with 9 billion 432 million yuan in the same period last year, a decrease of 28.67% over the same period last year.

Of the 77 listed textile and garment industries, 30 had negative net cash flow from operating activities in the three quarter of this year. Among them, the black peony was the most. The net cash flow of business activities in the three quarter of this year was -14.78 billion yuan, an increase of about 278 million yuan compared with -12 billion in the same period last year.

Black Peony three quarterly report shows that during the reporting period, the company achieved operating income of 4 billion 525 million yuan, an increase of 46.55% over the same period last year, with net profit of 200 million yuan, down 50.12% compared with the same period last year, and realized basic earnings per share of 0.25 yuan.

It is worth noting that in the three quarter of this year, the net cash flow of the 30 companies was negative, and the net cash flow of the 27 companies was more than ten million yuan. Among them, the Pathfinder (300005, stock bar), known for outdoor products, also has financial problems. Data show that in the three quarter of this year, the net cash flow of the Pathfinder business activity was -8567.63 million yuan, which was more than doubled compared with -4011.12 million in the same period last year.

A garment enterprise official told the Securities Daily reporter that clothing enterprises had difficulty in obtaining loans from banks. Compared with clothing enterprises, banks were more inclined to lend loans to Real Estate Company.

In the textile and garment industry, enterprises continue to hear the news of "breaking the pot". Meanwhile, the news of the boss of the clothing company has begun to appear in the market. For example, Ding Hui, the chairman of the Fujian stock company, has been confirmed to have lost the connection with the police, and has been investigated by the police. The boss of the Quanzhou enterprise in Fujian has lost contact with the company, and the odd woman of the business circle of the province has escaped from the police to be wanted by the police.

To this phenomenon, insiders told reporters that the textile and garment industry today is facing a continuous downturn in terminal consumption, such as poor turnover of stock, and so on. This leads to the fact that most enterprises will be faced with a shortage of funds and even a crisis of capital chain breakage.

8, the company raised 10 billion 123 million yuan.

Statistics show that in the three quarter of this year, 49 of the 77 listed companies in textile and garment industry had a decline in inventory turnover. A decline in the company's inventory turnover exposes the sluggish sales of the textile and garment industry.

Many textile and garment enterprises are faced with the problem that stock can not be sold and funds can not be recovered, which makes it difficult for the company's capital chain to continue. In order to continue operation, the company has formulated a private placement plan to save the company's future performance.

According to incomplete statistics from the Securities Daily, according to the industry classification of the SFC, 8 companies in the textile and garment industry including central A, Changshan stock and Saturday announced a private placement plan. The 8 companies jointly planned to issue 1 billion 432 million shares, and the total number of funds raised was 10 billion 123 million yuan.

Among them, the crown A has become a "empty shell" under the circumstances, is preparing for reorganization, and ready to spanform into decoration engineering enterprises. The central A restructuring plan shows that the company intends to set up an asset price of 590 million yuan, which will be replaced by the equivalent part of the Great Wall's equity stake in China. The difference is 2 billion 478 million yuan, while the central A buys 9.84 shares of the 17 trading parties with 9.84 yuan / share.

In addition, according to the Changshan stock increase plan, the company intends to issue 4..41 billion shares at the price of 4.92 yuan / share, and buy 41 stake holders of North Ming software, such as North Ming holdings, Wan Feng JIAYE, Wan Feng Jiahua, GF, SW, win win development, West Asia to 6 institutions, and Li Feng. The estimated value of the spanaction assets is 2 billion 170 million yuan, and the appreciation rate is about 434.48%.

At the same time, the company intends to distribute GFA, Changshan shares, Shenhua investment and Shenhua futures to no more than 118 million shares at the same price, and raise matching funds no more than 550 million yuan. It will be used for the construction of North Ming software cloud center management platform project, the smart city industry solution project, the related taxes and charges and supplementary liquidity of the spanaction, and the repayment of bank loans.

In contrast to the A and Changshan shares, which are intended to spanform industries related to the real estate industry, it was clear on Saturday that cash flows should be supplemented by fixed increases.

Saturday's fixed increase plan shows that the company intends to sell no more than 35 million shares at a price of not less than 6.22 yuan / share, and raise no more than 217 million 700 thousand yuan. capital All will be used to supplement the company's working capital.

On this occasion, on Saturday, it said that raising funds through this non-public offering can enhance the company's financial strength to a certain extent, provide financial support for further expansion of the company's business, and also appropriately improve the company's solvency and reduce the risk of debt repayment, thus laying a good foundation for further consolidating the strategic layout of the company, optimizing the industrial structure, and enhancing the company's comprehensive competitiveness and profitability.