The Explosion Of Grey Cloth Will Result In The Price Increase Of Dyeing Mill.

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I believe you still remember the grand occasion of the printing and dyeing industry in Jiangsu and Zhejiang at the beginning of this year.

Nowadays, the "golden nine silver ten" has passed, and the scene of the business of printing and dyeing enterprises is booming again.

However, this is not because of limited capacity, but because of the cost.

According to the news, "to the dyeing factory.

Under normal circumstances, 12~15 days can be cast out.

But now, at least 20 days.

If no salesperson goes to the printing and dyeing mill, it may take longer. "

The extension of the delivery time of the factory made the Huang boss of Sijiqing commercial city in Hangzhou irritated.

In this place known as "the first street of Chinese clothing", the same goes with Huang boss.

It is reported that in recent years, because the number of customers is more, the dyeing factory's business is very busy.

However, the price of dyeing in Hang min village has not changed. The latest price increase is September.

In the face of the gray cloth burst warehouse of dyeing mill, their main points of view are: first, the "G20" factor has led to the crash of the clothing enterprises; and the two is concerned about the high cost of dyeing mills.

It is understood that as the traditional sales season, "double eleven" and "Spring Festival" for the downstream.

Enterprises are annual events, which requires fabric companies to place orders in advance.

But before this year's "G20" Hangzhou summit, many local dyeing factories were shut down.

Therefore, the double eleven order has not been fully digested, and the dyeing plant has ushered in the Spring Festival market.

At the same time, the steam needed for dyeing enterprises is supplied by coal-fired boilers or thermoelectric enterprises.

The soaring price of coal will directly affect the cost of steam used by thermoelectric enterprises and printing and dyeing enterprises.

Therefore, fabric manufacturers are worried about raising prices for dyeing mills, and have placed orders in advance.

It is understood that Jiangsu, Fujian and even some of the printing and dyeing enterprises in the northern part of Zhejiang Province, which are the major provinces of textile and printing and dyeing, are on the basis of rising coal prices and increasing the cost of dyeing auxiliaries. A wave of price rises is now in the range of 200 yuan / ton to 1000 yuan / ton.

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Zhejiang Longsheng: Dye prices rise, the 3 quarter profits improved significantly

The dye price rise fell, the company's poor performance in the first three quarters, but the company's three quarter gross profit margin hit a new high in recent years.

The company's Shanghai real estate business is expected to bring billions of profits in the next few years, and the company's share price has a certain margin of safety.

It is estimated that Zhejiang's Longsheng EPS from 2016 to 2018 is 0.95 yuan, 1.07 yuan and 1.20 yuan respectively, corresponding to PE 10.00X, 8.86X and 7.90X.

The company released the three quarterly report in 2016. During the reporting period, the company achieved operating income of 90.97: billion yuan, down 22.75% from the same period last year. The net profit attributable to shareholders of listed companies was 1 billion 423 million yuan, a decrease of 38.85% over the same period last year. The net profit of deducting non recurring gains and losses attributable to shareholders of listed companies was 959 million yuan, down 37.84% compared to the same period last year, and realized the basic earnings per share of 0.44 yuan.

The price of dye rose again, and the company's single quarter profit grew in the three quarter of the year. In the past two years, the price trend of dyestuff showed a "V" shape, that is, it was lower in 2015, and this year it has stabilized and picked up.

In the 2, 3 and April of this year, the price of dyes has been raised many times, but it has been adjusted in 5 and June, and then a large increase in August.

This year, the price of dye has stabilized and rebounded, pushing the gross profit margin of the company to rise by quarter. The gross profit margin of the company has climbed from 34.13% in the first quarter to 39.77% in the three quarter, which is close to the highest level in the company.

From the 3 quarter of the single quarter, although the 3 quarter revenue fell nearly 30%, but the 3 quarter net profit of single quarter to 459 million, an increase of 2% over the same period.

Sales of dyes are less than expected, dragging down the company's revenue growth: Zhejiang's textile and dyeing production accounts for more than 60% of the country's total. This year, Zhejiang's pollution treatment of printing and dyeing industry has reduced dye demand to a certain extent.

And the company limited the insured price, and the willingness of the tourists to reserve inventory is relatively low, which led to a lower sales volume than expected.

As a result, the company's income in the first three quarters decreased by 22.75% compared to the same period last year, and net profit fell to 38.85% year-on-year.