Textile Business Operators Worth Tracking In The Orient Market

Visible market: at the beginning of the listing, the company used the land of the group company through leasing. Since 2003, the company has stepped up the acquisition of land resources. At present, the total land holding area is 883270 square meters, and the rich land and real estate resources are the basic guarantee for the company value.

Invisible market: the company makes full use of the characteristics of the main textile materials in the Eastern Silk Market, sets up a technological platform, widely trains talents, builds up the Eastern Silk Market Exchange, and develops long-term spot trading of textile raw materials. The new logistics center and China's silk net are also important components of the invisible market. The invisible market centered on the Eastern Silk Market Exchange is the focus of the company's future development, but its profitability and expansion space still need time to observe.

Circular economy: the company owns the Shengze thermal power plant, is building an environmental protection power plant in the Eastern Silk Market, and plans to buy a textile finishing demonstration area. The three parts of the workshop, namely, thermal power, waste incineration power generation and post finishing demonstration area, are leasing the company's circular economy business. The company has provided a stable return on net assets while providing supporting services for local production enterprises.

Investment advice: if land development projects can be completed on schedule and the price is in line with expectations, the company expects EPS to be 0.251 yuan in 2008, and 2.93 yuan per share for revaluation of land and property assets and oil assets held by the company, which is the margin of safety for the company to invest.