Jialin Jie'S Revenue In 2018 Was 880 Million, And Sales To Vip.Com And UNIQLO Amounted To Only 170 Million Yuan.

The local high-end knitted fabric producer Shanghai Jialin Jie textile Limited by Share Ltd (hereinafter referred to as "Jialin Jie") has recently disclosed the 2018 annual report. During the reporting period, the company realized total business income of 880 million, down 0.5% compared to the same period last year. The net profit attributable to the owners of the parent company was 17 million 579 thousand yuan, down 37.4% compared with the same period last year, and the earnings per share were 0.02 yuan.

During the reporting period, the gross profit margin of the company was 20.3%, an increase of 2.4 percentage points over the previous year and a net interest rate of 2%, which basically maintained the level of the previous year.

During the reporting period, investment income decreased by 79.4% compared with the same period last year, affecting profit growth.

In addition, non recurring gains and losses have a greater impact on net profit, which is 4 million 701 thousand yuan and 98 million 447 thousand yuan in the previous year.

After deducting the non recurring gains and losses, the net profit to the mother was 12 million 877 thousand yuan, which was turned into profit from the loss of -7035.2 yuan last year. The gross margin was 2.4 percentage points higher than that of last year and the period cost rate was 6.6 percentage points lower than that of last year.

From the perspective of business structure, "ready to wear" and "fabric" are the main sources of business income of Jialin Jie.

Specifically, the "ready-made garments" business income is 650 million, accounting for 73.9% of revenue.

"Fabric" business revenue was 230 million, revenue accounted for 26.1%.

From the perspective of profit contribution, the consolidated gross profit margin of enterprises is 20.3%, up 2.4 percentage points over the same period.

Among them, the gross profit contribution of "ready to wear" and "fabric" accounted for 77.8% and 22.2% respectively.

The gross profit margins of "ready made garments" and "fabrics" were 21.3% and 17.2% respectively.

Jia Linjie is committed to the development, production and sales of high-end knitted fabrics in sports and leisure fields, as well as the production and sale of all kinds of high-end fashions. The main products of the company are three major knitted fabrics, which are self-developed, namely, the fleece fabric series represented by high elastic fibers, high density windscreen clothing fabrics, weft knitted wool fabrics represented by thin thermal elastic underwear fabrics, and sports functional fabrics represented by wet heat insulation air interlayer garment fabrics. At the same time, according to the needs of customers, the company further processes some fabrics and sells them to customers in the form of ready-made garments.

During the reporting period, Jialin Jie also continued to develop a number of customers including the armed police force, UNIQLO CO. and LTD., in order to secure more orders while stabilizing the major customers such as POLARTEC, LLC and ICEBREAKER LIMITED.

The cooperation with the world famous high-end fabric brands, the US POLARTEC and LLC, has increased the trend. The annual sales increased by about 18.62% compared with the previous year. The company's share of production has accounted for 47% of its total global production volume. The company and the benchmarking enterprise of global wool products, which share 60% of the outdoor wool market for a long time, belong to the second famous garment traders group of the United States, and the cooperation of ICEBREAKER LIMITED has further deepened. During the reporting period, the company has become the largest supplier of its products, and has won its annual supplier award. The company has maintained good cooperative relations with UNIQLO CO. and LTD., one of the world's most famous fast selling brands, and has made substantial breakthroughs in the Fleece product line in 2018. It has been highly recognized by the company. The number of orders for sports wool products has increased rapidly. With efficient management, strict quality control and shorter delivery times, the company

In 2018, Jia Lin Jie received 5 patents, including 5 authorized utility models, 7 patent applications, 6 invention patents and 1 utility models patents.

By the end of 2018, the company had 91 authorized patents, including 51 authorized invention patents and 40 authorized utility models.

In early 2018, Jialin Jie continued to adjust the research and development ideas and customer structure, arrange the research and development team to be responsible for the development of large customer fabrics, and achieved initial results.

By the end of 2018, the "development and research of low permeability ratio dyeing for woollen garments" project has developed a woolen garment with energy saving, environmental protection, comfort and excellent performance. It has been recognized by foreign customers and has received a large number of orders from customers.

Jia Linjie said that in 2019, the company will continue to improve its brand globalization strategy and product marketing strategy, focusing on consolidating the company's market image and improving its brand profitability. It will focus on the global market while expanding its investment in the Chinese market, and further enhance its influence at home and abroad through the exhibition with overseas famous brands and the expansion of overseas markets and sales channels.

Continue to cooperate with POLARTEC, LLC, ICEBREAKER LIMITED and other major customers, and strive to acquire or maintain the dominant position of the first largest supplier.