Investors Question YOUNGOR: Is It A Service Company Or A Real Estate Company?

Is YOUNGOR a clothing company, a Real Estate Company or an investment company? This is the confusion of many investors.

YOUNGOR's 1-9 month profit of 1 billion 800 million yuan, up to 70%, depends on equity investment income.

Paradox is that YOUNGOR's profitability is ranked first among the 27 listed garment enterprises, but its stock price is ninth.

The closing price in November 18th was only 10.27 yuan / share.

"It is not surprising that YOUNGOR does not focus on its main business, and its real estate and investment businesses are more uncertain, so the market has low valuations."

A Shanghai brokerage analyst revealed.

In November 11th, YOUNGOR invested another 400 million yuan to participate in the new growth of Huaxin Cement.

This is the twelfth increase in YOUNGOR's participation since 2011.

In the first 11 lists, YOUNGOR participated in Jinggong technology, Dongfang zirconium industry and Yunnan Tian Hua company, and the total cost was 1 billion 700 million yuan.

After 2 billion 100 million yuan of big equity investment, YOUNGOR's short-term capital pressure is highlighted.

As of September 30th, YOUNGOR had only 2 billion 550 million yuan in book capital, not even enough for 13 billion 900 million yuan in short-term loans and 20% of non current liabilities in one year.

"YOUNGOR has been doing nothing" for more than ten years, has it not been the title of "super large retail investors" before? Analysts are accustomed to YOUNGOR's equity investment. "The uncertainty of investment business is very high. It's hard to tell whether it's good or bad. It depends on market performance."

In the first three quarters of this year, YOUNGOR has reduced its trading financial assets by 1 billion 97 million yuan.

530 million more than 40% of net profit comes from equity investment income.