Seven Wolf Net Profit Fell Three Quarter 25.63%

< p > following the decline of the third quarter results of 2013, the third quarter reports released by the seven wolves (002029.SZ) last night in the third quarter of 2013, such as "601566.SH", "a" _blank "href=" //www.sjfzxm.com/ "_blank" href= "//www.sjfzxm.com/", "dress" /a "002269.SZ", and so on, the revenue and net profit both fell.

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< p > announcement shows that in 2013 1~9 months, the revenues and net profits of the seven wolves were 2 billion 310 million yuan and 373 million yuan, respectively, down 8.11% and 7.35% respectively.

In the third quarter, revenues and net profits fell by 13.66% and 25.63% respectively.

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< p > seven wolves also predict that the net profit attributable to shareholders of Listed Companies in 2013 will be 393 million to 561 million yuan, down 30% from the same period.

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< p > for this reason, the seven wolves explained that "the company's orders in 2013 will be reduced from customer orders, so it is expected that this year's performance will be reduced compared with the same period last year".

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< p > the securities analyst at CICC said that the seven wolves are now facing the pressure of "a target=" _blank "href=" //www.sjfzxm.com/ "> clothing /a" terminal consumption weakness. In the first half of April and May, the same store growth rate was single digits in other months, and the sales rate was also 5 percentage points lower than the normal level in previous years.

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Under the background of the market downturn and the spread of the industrial crisis, garment companies are seeking other ways out of P.

Taking the seven wolves as an example, the third quarterly report shows that due to the increased investment in financial products added to the new year, the company's non current assets which expire within one year amounted to 1 billion 54 million yuan, a sharp increase of 18628.83% compared with the same period last year, accounting for 14.6% of the total assets.

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< p > and in the semi annual report of 2013, this figure even reached 1 billion 140 million yuan.

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< p > electricity supplier has been regarded as a new growth point for the seven wolves to get rid of the downturn. According to the semi annual report in 2013, the sales volume of its electricity supplier business in the first half of the year was about 100 million yuan, an increase of about 40% over the same period last year.

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< p > but an analyst at Haitong Securities told reporters that the main role of "a href=" http://sjfzxm.com/news/index_f.asp "/a" is still to clean up inventory and sell some low-priced products, which is not only easy to divert customers under the line, but also is not conducive to the establishment and promotion of brand image.

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< p > "the traditional clothing makes the electricity supplier to become" the left and right hands to fight each other "the situation is still very common now, should look for other ways, do not do for the electricity supplier.

The analyst thinks.

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