Mei Bang Apparel Inventory Accounts For The First Two Consecutive Years Of Assets.

Metersbonwe's parent company, Mei bang, has not received the usual way, and has received the annual inquiry letter for 4 consecutive years.


In July 13th, the 2019 semi annual performance forecast amendment released by Smith Barney clothing showed that the net profit was expected to lose 100 million yuan -1.5 billion during the reporting period. This year's first quarter report shows that the net profit in the first half of 2019 is estimated to be 0 yuan -5000 yuan. According to the two largest projected loss, the revised loss has increased by 3 times.


In this regard, the United States State apparel said that the main reason for this performance notice revision is due to the 2019 spring and summer new product listing postponed, failed to meet the market demand in a timely manner, so that business revenue fell more than expected. Prior to that, Smith Barney's clothes were asked by the Shenzhen stock exchange because of their performance changes.


Journalist statistics found that receiving annual report enquiries seems to have become the tradition of the United States. Since 2015, every time the annual report is released, it will cause the Shenzhen Stock Exchange to inquire about it.


The 2018 annual report shows that the revenue of the United States has reached 7 billion 677 million yuan, and the net profit is 12 million 688 thousand and 600 yuan. Although the profit is realized, the net profit margin is only 0.53%, and the net profit is 12 million 688 thousand and 600 yuan. The net profit mainly comes from the 33 million 106 thousand and 400 yuan of the current government subsidy, and the main garment industry is still in a state of loss.


Data show that in 2018, the main holding subsidiaries of the United States and the main clothing companies involved 24 clothing businesses, of which 14 subsidiaries net profit was negative, a total loss of 254 million yuan, the other 10 profit 148 million yuan, the main business is not worth the deficit.


Meanwhile, the inventory of Smith Barney clothing is also high in the same industry.


In the 7 fast fashion brand listed companies listed in Smith Barney clothing, the United States ranked first in apparel assets in total assets for two consecutive years. In this regard, the United States State clothing said, direct shops need a large number of commodities for display shop, to a certain extent, pushed up the proportion of total inventory assets.


In addition, since the successful listing of Shenzhen Stock Exchange in August 2008, the performance of Smith Barney apparel has been "roller coaster" floating. In 2012, -2015 achieved 9 billion 510 million yuan, 7 billion 890 million yuan, 6 billion 621 million yuan and 6 billion 295 million yuan respectively, down 4.38%, 17.03%, 16.08% and 4.92% respectively. Net profit achieved 850 million yuan, 405 million yuan, 146 million yuan and negative 432 million yuan, respectively, down 29.55%, 52.27%, 64.08% and 396.57% respectively, and the decline was increasing. In 2015, the first loss appeared in the US bond market.


Since then, the American state clothing has fallen into a state of profit and loss.


In the past three years, the U.S. apparel has achieved sales of 6 billion 519 million yuan, 6 billion 472 million yuan and 7 billion 677 million yuan respectively, representing an increase of 3.56%, a decrease of 0.72%, an increase of 18.62% over the same period, and a net profit of 36 million 158 thousand and 600 yuan, a loss of 305 million yuan and 40 million 361 thousand and 600 yuan respectively.


In 2016, the United States and costumes ceased the net profit decline for 4 consecutive years, and achieved a turnaround in performance. But in 2016, the net profit of the United States apparel was 518 million yuan. The reporters found that in 2016, the investment income generated by the United States was 550 million yuan.