Bosideng Has Paid Dividends Of 3 Billion 98 Million &Nbsp For 3 Years, Exceeding The Net Profit For The Same Period.

Down garment designer

Tired over 30.98 billion.

At the end of September, Bosideng announced an interim dividend of 505 million yuan (RMB. The same below), which was 4.5 times the net profit of 111 million yuan, and the dividend payout in 08/09 was also 168 million yuan in the financial year. The net profit in that year fell by 33%.

Bosideng accumulated a total dividend of 3 billion 98 million yuan from 07/08 to 10/11, while the net profit was 3 billion 55 million yuan in the same period (see table).

The chief financial officer and company secretary of Bosideng, Mali power, points out that the company pays no policy (Policy), depending on the operating cash flow.

Whether the excessive dividend will affect development, he means that the company has been looking for M & A opportunities and has set aside cash to buy ammunition at any time.

Bosideng listed the largest acquisition in 2009, which spent 650 million yuan on the purchase of men's clothing business to major shareholders.

Mai Yun power pointed out that Bosideng had no chance to acquire large shareholders again, because large shareholders are now privately run real estate business and so on.

The median cash in Boston is about 2 billion 600 million yuan, of which 370 million yuan is fixed for 3 months, and about 1 billion 380 million yuan is invested in financial products.

Men wear high-end brand

Bosideng's non down garment business is going to become more and more expensive. "We find that there is still a gap in the price of bostman menswear and international brand men's clothing."

Mai Yun Quan revealed that Bosideng intends to launch a new brand, "a Bosideng suit sells 2000 to 3000 yuan, and the new brand will sell 7000 to 10 thousand yuan."