Clothing Development Robust Real Estate Mixed

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According to the clothing sales data of 2007.6-2008.7, the sales volume of clothing sales increased by 20%.

40% of the company's clothing sales revenue come from overseas to do foundry production, clothing and export shuttle weaving, and the company has strong dependence on foreign markets.

In real estate business, by the middle of this year, the receivables for projects settled in 2008 had exceeded 5 billion yuan, and the pre paid receipts in 2009 were more than 1 billion 500 million yuan, and the 2008 performance has been locked.

The company's investment in CITIC Securities (20.33,0.18,0.89%) is a successful example. The company has set up investment companies, and future investment initiatives are worth looking forward to.

In the next three years, the earnings per share of the textile and garment business will be 0.34, 0.45 and 0.51 yuan, giving 15-20 times the value. The value of each share in 2008 will be 5.13-6.84 yuan. The value of real estate business will be 1.62 yuan according to the heavy net assets law, and the value of the investment business will be estimated by market value, and the current value of each share is 4.16 yuan.

World clothing shoes and hats net statement: the content of this edition is purely personal view of the author. It is for investors only and does not constitute investment advice.