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Public and shares: textile printing and dyeing industry leading the recovery in the benefit - the p by fdhjkl rfghjtkl





Article Author Biography
Public and shares: textile printing and dyeing industry leading the recovery in the benefit - the p by
Article Posted: 03/18/2011
Article Views: 71
Articles Written: 2148
Word Count: 610
Article Votes: 0
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Public and shares: textile printing and dyeing industry leading the recovery in the benefit - the p


 
Business,Business News,Business Opportunities
Xu payments and the actual controller for the company, Restricted Shares risky. Shareholders Xu gold, timber and Xu Jiancheng Xu members of the same family, together hold 50.19 percent stake in the company, many of which were gold and direct control of the company.

Gold Xu, Xu Jiancheng, and Mr. Xu Mulin Restricted Shares held by the company commitment to limit sales of full access to the circulation of power, but the major shareholders rely on printing started, the current investment were made Textile Industry chain, the major shareholder in the textile business, a strong determination to do very loudly, so the possibility of large holdings of small shareholders.

Profits mainly from the textile printing and dyeing, currently exceeds supply. The main assets of weaving, dyeing, textile printing and dyeing fabrics main source of income, in 2009 the first half of the company's main textile company's total gross profit margin of 84% of the main. The company entered in 2009, the product orders faster recovery, now exceeds supply.

Textile leading to the recovery in the industry to maintain rapid growth, while gross margin will be increased. Printing and dyeing industry, beginning from early 2008 to enter the adjustment of printing and dyeing mill closure of many small, recently approved the basic no new dyeing enterprises, little capacity expansion of existing printing business operation rate near 100%. With the 2010 Textile Clothing Industry export situation to pick up, the industry will gradually recover, the company as a textile industry base in Fujian fabric leading enterprises in the textile and garment industry recovery in volume of business will continue to grow, while advantage by virtue of textile printing and dyeing enterprise bargaining power, gross margins will be further upgrade.

Continue to expand production capacity growth for the company provided a guarantee to the fabric downstream?? Brand apparel industry chain development will increase the company's new profit growth point. Annual output of 28 million meters of fabric has been put into high-grade casual, in order to better do so loudly in the textile field strength, the company now drawn to the issuance, which will increase investment in fabric dyeing and printing capabilities and the technical content. Fabric production capacity to expand, will ensure the company's future sustainable growth. In addition the company to expand downstream apparel fabrics industry, the acquisition of Zhejiang Rec Apparel Co., Ltd., based on current public and share it with the SVC to be funded to establish a joint venture in France, and, as KriefGroup's "NEWMAN" shall be the only apparel brand in China a total Proxy (The company promised to achieve in the next two years "NEWMAN" stores in the Greater China region less than 120, the next five years not less than 400).

Series expansion shows the company's future years, so loudly in the basis of strong fabric, the fabric downstream?? Brand clothing in the field to expand. Brand clothing will be the new company's future growth.

Give the company "recommended" investment rating. We forecast EPS for the company 09-11 years ,09-11 years 0.26,0.46,0.66 element P / E for the 31.56,18.23,12.33 times, although the company's current stock price performance in 2009 is relatively high, but the performance of the company growth in 2010 still large, dynamic price-earnings ratio is only 18 times, we give the company "recommended" rating.

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