Jiangsu Three Lane Lane Is Suspected Of Being Placed On File For Investigation Is Undergoing Subtle Changes.

Jiangsu San Fang Xiang Industrial Limited by Share Ltd is the top ten enterprise in the printing and dyeing industry of China. It has an annual capacity of 100 million meters of dyed cloth.

This means that if the company produces full load all year round, the printing and dyeing cloth produced can circle the earth 2.5 times.

However, the famous printing and dyeing enterprises in this industry were once again tainted. In the evening of July 4th, the company announced that it received the CSRC's "

"

At the same time, 12 executives, including the chairman, vice chairman and chief supervisor, and 6 senior executives, including former chairman and chief supervisor, former director and deputy general manager, all received the notice of investigation.

The notice of investigation discloses the reason for the investigation of the three lane road, because the company is suspected of disclosing information and breaking the law.

At present, the three Lane Lane has not yet been opened for investigation by the SFC.

But it is worth mentioning that in March of this year, the three Lane Lane was not disclosed in time to the controlling shareholders and many related parties, and the Jiangsu securities regulatory bureau took the administrative supervision measures issued by the securities regulatory bureau.

This event was accumulated by 1 billion 13 million yuan in Jiangsu's three Lane Lane Group Co., Ltd. and its subsidiaries from 2014 to 2015.

Twice a year, the CSRC was "concerned", which is not common in the A share market.

Under the increasing pressure of regulation, the information that the CSRC has placed on file for investigation has become a bad thing. The approximate rate can impact the stock price of the enterprises concerned.

In the stock exchange platform, "will the stock price stop?", "early morning speed running" and other messages reveal many investors' disappointment.

As of noon on July 5th, three Lane Lane fell 7.69%, to 4.2 yuan.

On the management side, the three Lane Lane declared that "the company's operation is normal."

But in recent years, the company's revenue has continued to grow negatively.

Only by controlling the cost of revenue to stabilize profits.

Financial data show that in the five years from 2012 to 2016, the revenue of the three Lane Lane suffered a negative growth of about 2% to 16% over the same period.

However, at the same time, the operating cost of the three Lane Lane is about 6% to 17% negative growth in the same period.

Therefore, the gross profit margin of its main products can be avoided during this period.

According to the product classification, the main products of the three lane road can be divided into dyeing finishing, cotton yarn, steam and PBT modified resin. From the proportion of the products in the main revenue, the three business plates of the three lane textile, thermoelectricity and chemical industry are relatively balanced development.

The company's financial data in 2016 showed that dyeing and finishing, cotton yarn, steam and PBT modified resin accounted for 35%, 22%, 21% and 19% of the current main business respectively.

From the main income ratio, the three Lane Lane

It is still the first major business of the company.

In 2016, the production of 44 million 187 thousand and 300 meters of dyeing and finishing cloth in the three Lane Lane was enough to circle the earth.

However, the gross profit data of the main products are showing that the famous printing and dyeing enterprises are undergoing subtle changes.

In 2016, the gross profit of dyeing and finishing products was 1 million 809 thousand and 500 yuan, accounting for only 1.3% of the gross profit of the company's main products.

But from 2012 to 2012, the gross profit of dyeing and finishing products in the three Lane Lane was not less than 20%.

Another main product of cotton yarn is similar.

In 2016, the gross profit of cotton yarn products in San Fang lane was 16 million 638 thousand and 700 yuan, accounting for about 11.7% of the gross profit of the company's main products.

Although the gross profit of the product in 2015 2014 is not optimistic, the gross profit margin of the product has climbed to 53% since its listing.

The three lane road, which is based on the textile business, is losing the profit advantage of the business.

In 2016, the gross profit of steam and PBT modified resin of the company was 56 million 495 thousand and 500 yuan and 55 million 136 thousand and 800 yuan respectively, accounting for 39.8% and 38.6% respectively.

This means that in the past year, the profitability of the thermoelectric and chemical sector of the three lane has been far removed from the textile sector.

In the first quarter of this year, the net profit of shareholders belonging to the listed companies in the three Lane Lane was 15 million 231 thousand and 600 yuan, an increase of 8.8% over the same period last year, but this growth rate was lower than that of the same period last year.

In the first quarter of 2016, the net profit of shareholders in the three Lane Lane was 13 million 997 thousand and 500 yuan, an increase of 23.5% over the same period last year.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.