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United States Bond Clothing Trap Door Closed Stock Market Share Price Fell Seven Weeks 35%

2012/11/29 20:57:00 29

Mei Bang ClothingFake DoorStock PriceClothing Contains Toxic And Harmful Substances.

 

Recently,

American Apparel

Because of financial fraud and false sales and other issues, and the International Green Peace Organization released a report that it used in the production process of using a variety of toxic and harmful substances, but also make the price of the state bond apparel worse.

In the two tier market, since the exposure of the fake account door in October 12th to the end of today, the price of US bond apparel has dropped to 35%, causing many retail investors to suffer heavy losses.


Odd bends in stocks


In the 2011 Annual Report, the US state clothing revealed that its inventory amounted to 2 billion 560 million yuan, of which over 1 billion 500 million yuan was a seasonal commodity.

In the 2012 semi annual report, this figure turned to 1 billion 750 million yuan.

For the 800 million inventory of its "lightning" evaporation, the outside world is quite skepticism.


According to the core insider, in the first half of 2012,

American Apparel

800 million inventory digestion is suspected of false sales and artificially adjusted income.

In the first half of 2012, the performance of Smith Barney apparel was upgraded to the franchisee, which was originally planned for distribution in February 2013.

The key lies in the pre allocation without business departments, but by the financial department alone, and the splendid semi annual report is benefited from this.


Another media report is that Zhou Chengjian, the chairman of the board, controlled the purchase of 317 million of AI sang bang, and Zhou Chengjian's relatives contributed two thousand to about thirty million of the "inventory" respectively.


Small stock market appeals to the SFC to investigate


In the long bulletin published by the United States.

In view of the accounting treatment method, Smith Barney pointed out that the principle of the sales revenue of the United States to the franchisee was to confirm the sales revenue when the goods were sent to the franchisee, and the outgoing documents were retained for reference.


And to this question, it is called "

Chinese ant

Tang Wei, a public interest litigant, said that according to the relevant regulations of the accounting system, enterprises must satisfy 4 conditions to sell their goods before they can confirm their income: the enterprise has pferred the main risks and rewards to the buyer; the enterprise has not kept the right of continuous management which is usually associated with ownership, nor has it implemented the control of the sold goods; the economic benefits related to the paction can flow into the enterprise; the related income and cost can be reliably measured.

Tang Wei pointed out that the United States did not meet the first condition of sales revenue recognition, and whether the pfer of commodity ownership was doubtful.


American state has been exposed to toxic and harmful substances in explosive clothing.


In the evening of November 19th, Greenpeace released the survey of "trends and pollution: the investigation of toxic and harmful substances in the global fashion brand". It shows that the clothing of 20 international fashion brands including Metersbonwe used a variety of toxic and harmful substances in the production process, and most of them remained in the products.


The results showed that 89 contained

Nonylphenol polyoxyethylene ether

It is widely used in printing and dyeing and washing. When washing, it is easily discharged into the water and decomposed into a stronger nonylphenol, thus interfering with the endocrine system and affecting the reproductive system.

Li Yifang, director of Greenpeace pollution prevention and control project, said that consumers purchase these products not only to threaten themselves by toxic and harmful substances, but also to water pollution problems in clothing producing countries.


In addition, Metersbonwe has also been included in the "negative brand" list by green peace because there are almost no chemicals management related policies or projects, and no zero emission commitments are made.


Stock prices are low and new, and future performance is worrying.


Two tier market, since October 12th.

False gate

After the incident, the price of US bond apparel fell all the way, and its innovation was low again.

The closing price of the day before the suspension was 17.91 yuan, while the closing price in November 29th was 11.64 yuan, and the total decline has reached 35%.


From its three quarterly report, it revealed that the total revenue of the three quarter of the United States was 2 billion 594 million, down 13.47% from the same period last year, and the total revenue in the first three quarters of 2012 was 7 billion 194 million yuan, up 5.91% over the same period last year. Net profit 320 million in the three quarter was 13.4% lower than that in the same period last year, and the net profit in the three quarter before 2012 was 13.4%.


In the report, the United States said that by the macro-economic impact, the United States joined the autumn and winter to reduce delivery, and the company's overall revenue growth slowed down. Although the company adopted various measures to control costs, but due to the continuous rise in manpower and rentals, the three quarter profits fell, and the fourth quarter is expected to face the same pressure.

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