On May 2nd, Huixing New Materials (837202) recently released its 2017 annual report, showing that its operating income in 2017 was 40.426 million yuan, down 21.78% from the same period of the previous year; the net profit attributable to listed company shareholders was -2688.32. Ten thousand yuan, compared with the same period of the previous year -979.2 million yuan, the degree of loss increased; basic earnings per share was -0.72 yuan, compared with -0.28 yuan in the same period last year.
As of 2017, Huixing New Materials Assets totaled 114 million yuan, down 16.73% from the end of the previous year. The asset-liability ratio was 86.75%, an increase of 17.57 percentage points from the end of the previous year of 69.18%. The net cash flow from operating activities was RMB 230.135 million in the current period, compared with RMB 5,562,400 in the same period of the previous year.
During the reporting period, Huixing New realized operating income of 40.426 million yuan, down 21.78% from the same period of the previous year. Mainly due to the relocation of the dyeing and finishing division in the previous period, the production capacity was limited, and the operating income, channel maintenance, and customer stability were affected. As a result, operating income decreased year-on-year.
According to the data of the Dibei New Third Board Research Institute, Huixing New Materials is a high-tech enterprise specializing in the research, development, production and sales of underwear fabrics and underwear fabrics. It is committed to providing one-stop underwear for domestic and foreign customers. Design and production services for swimwear fabrics.
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"SD" has formed a the unique style of tech and innovation with over 20 years.
Over 20 years growth, the company has cultivated a team of experienced technical and management staff and owned the modern facilities and automatic assembly lines from dyeing, knitting, finishing and deep processing.
Meanwhile, the company always follows the fashion steps, continuously innovates and develops new products, and improves the management and service ability.
The upscale faux fox fur and knitting wool products reach the domestic and international high level. Products have been exported to the United States, Australia, Japan, Russia and Vietnam. In addition, according to the report from international accredited testing institutions, the test of formaldehyde in some products is ND level. The company receives high praise from the international specialists.
The company keeps the spirit of being real, precise, beautiful and innovative, capturing the market with high quality and credit. The products gains the trust and favor from home and abroad customer with high quality and diverstity.
All staff of Shuangda work hard towards automation, intellectualization and informatization. Keep improving the efficiency, promoting craftsman spirit, innovating new products. We are committed to becoming a more specialized faux fur products supplier. We wish the ecotope will become better by our efforts.
Natural Wool,Wool Mattress,Natural Wool Rugs,Wool Comforter
Wuxi Shuanglida Plush Technology Co., LTD , https://www.sd-fauxfur.com