ST Bailong announced that due to the illegal facts such as suspected inflating operating income and total profits, the company received an administrative penalty from the CSRC and a prior notice of market prohibition, and intended to order Bai Baolong to make corrections, give a warning, and impose a fine of 10 million yuan; give a warning to the then chairman Chen Weixiong, then vice chairman and general manager Chen Nana, and impose a fine ranging from 500,000 yuan to 5 million yuan. Chen Weixiong and Chen Nana's illegal acts are particularly serious, and they will be banned from the market for life.
ST Bolong's 2021 third quarter report shows that the company's main revenue was 113 million yuan, down 81.07% year-on-year; net profit attributable to the mother - 43.4247 million yuan, down 131.06% year-on-year; deduction of non-net profit - 47.6714 million yuan, down 139.17% year-on-year; of which in the third quarter of 2021, the company's single-quarter main revenue was 14.4399 million yuan, down 90.71% year-on-year; single-quarter net profit attributable to the mother - 22.2388 million yuan, down 184.82% year-on-year Non-net profit in a single quarter - 23.9511 million yuan, down 225.29% year-on-year; debt ratio of 35.2%, investment income of 0.77 million yuan, financial expenses of 23.3456 million yuan, gross profit margin of 12.31%.
The unit has not had an institutional rating in the last 90 days. The Securities Star Valuation Analysis Tool shows that ST 002776 has a good company rating of 1.5 stars, a good price rating of 2.5 stars, and a valuation composite rating of 2 stars.
The chairman of the company is Chen Weixiong. Mr. Chen Weixiong: Born in 1978, Chinese nationality, no permanent right of abode abroad, professor, from November 2006 to April 2009, he was the executive director and manager of Bo Baolong Limited; Since April 2009, he has been the chairman and artistic director of the company. In November 2015, he was appointed as the executive director and general manager of Bobaolong (Shenzhen). In May 2016, he was appointed as the executive director and general manager of Xinghe Fashion. In July 2016, he was appointed as the executive director and general manager of Yi Global. From December 2011 to December 2013, he was a visiting professor at the School of Fashion, Wuhan Textile University; Since 2011, he has been a deputy to the People's Congress of Puning City; Since December 2013, he has been the executive vice president of Puning Garment Association; Since December 2013, he has been the vice president of Guangdong Garment industry association; Since May 2012, he has been a member of the China Designers Association. In August 2013, the China Textile Industry Federation and the China Textile Workers' Ideological and Political Work Research Association awarded him the title of "2013 Outstanding Figure in the Construction of China's Textile Brand Culture"; In August 2014, Guangdong Clothing and Apparel Industry Association and Guangdong Clothing Designers Association awarded him the title of "Guangdong Top Ten Fashion Designers".
This article is compiled by the Securities Star Data Center based on publicly available data and does not constitute investment opinions or suggestions, if there are any problems in the text, please contact us.
!["Illustrated Quarterly Report" ST Bailong: Net profit attributable to the mother in the first three quarters of 2021 turned from year to year, and gross profit margin decreased by 25.8%[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)