Why Did The Growth Rate Of Net Recovery Increase Obviously?

Recently, the local casual wear brand has announced its first quarter results this year. It achieved a profit of 5 billion 217 million yuan from 1 to March, an increase of 101.4% compared with the same period last year. The net profit of shareholders belonging to the listed company was 158 million yuan, up 11.2% over the same period last year, and this has been a continuous increase in net profit for three consecutive years since 2014.

Combing the development in recent years, we can see that by the internal and external factors at that time, the performance decline in 2014 was the most obvious. Not only did the revenue decrease by 25% compared with the same period last year, but net profit decreased by more than 50%, but after 2015, its performance began to rebound and its revenue and net profit increased by more than 30% over 2014.

By the end of 2016 and the end of 2017, the net profit has continued to maintain a high growth rate of over 40%.

Comparison of three local leisure activities in special, Semir and Smith Barney

On behalf of the company's performance, in 2017, search and Semir's revenues were over ten billion yuan, but only in search of special revenue and net profit increase, revenue rose by 190%, and net profit grew positively. Semir's profit increased by no more than that of the net profit, although the net profit of the three was the highest of 1 billion 120 million yuan, but the year-on-year decline was 21.6%. The US margin and net profit decreased by two times, of which net profit fell 945.8% and the loss reached 306 million yuan.

The reason for this is that it has obviously benefited from the pformation and rapid development of supply chain business.

Since 2015

After the pformation and establishment of 4 supply chain management companies, it has found 11 supply chain management companies in the whole country. In January this year, it also invested 2 billion 500 million yuan to set up a fashion industry supply chain management center, and plans to reinvest 1 billion in the next 3 years to expand the supply chain business.

In the search for special years in the industry, we are well versed in the long chain links of the apparel industry chain, the high cost of operation and low cost. With this as the breakthrough point, we rely on our own resources accumulated over the years, and turn to provide a series of supply chain support for clothing brands and manufacturing enterprises, and open up their own new advantages.

Reflected in the performance, in 2017, the proportion of special clothing revenue has dropped from 29.6% in 2016 to 8.4%.

Revenue fell 18.2% to 1 billion 530 million yuan, while supply chain business achieved a revenue of 14 billion 800 million yuan, accounting for 81% of the company's annual revenue of 18 billion 300 million yuan, and net profit of 460 million yuan, accounting for 75% of the company's net profit of 610 million yuan.

According to search, it should be the leading domestic company.

Life industry integrated service provider.

And perhaps realize that the continuous growth of the high number may not be normal. Sustainable and sustainable development is fundamental. In the latest company performance note, Ma Hong, chairman of the special office, said that 2018 is the year of management of the company. In particular, it will slow down the pace of development consciously, focus on controlling risks and improving business models, and push forward the steady development of supply chain business, so as to provide solid support for the steady growth of the company's revenues and profits.