ADI Supplier To Yongjia Or Abandon China, Due To Cost Increase Year By Year

World clothing shoes and hats, "Yongjia" is

Southeast Asia's largest supplier, but in this cold winter, it is not comfortable.

As far as we know, "Yongjia" has thirty years of experience and experience in the production of garment industry.

"The word of mouth in the industry has been good, there is a stable cooperative brand, it seems that there is never a lack of order customers.

However, from the recent earnings announcement of "Yongjia", its operation is not as prosperous as expected, but compared with last year, net profit plunged by ninety percent. This is a situation that all shareholders did not expect, and Yongjia's stock also fell all the way.

The management of Yongjia gave a corresponding explanation: for such a situation, the reason for their analysis is that the labor costs in China increased, and they were forced to close a workshop in Wuzhou, Guangxi Province, which cost nearly 25 million of the cost, as well as the loss of fixed assets such as staff severance payment.

In addition, the change of management in Yongjia has also greatly affected the output value of the company. However, such an explanation is powerless for the financial situation of 90% of net profit.

2017 is the year when the global sports industry is cold.

The overall situation of the brand is not optimistic, so the development of "Yongjia" in 2018 may predict the overall trend of the industry, and it also affects many people's nerves.

It can be expected that due to the continuous rise of labor costs in China, Yongjia will probably withdraw from China and vigorously develop low developed countries such as Vietnam and Thailand, thereby reducing labor costs and protecting profit margins.

But it is not so easy for Yongjia to quit the Chinese market.

According to experts, enterprises must cancel their market either spontaneously from the market or passive bankruptcy.

This is a mandatory requirement of the state, not only to maintain market stability, but also to protect citizens' rights.

According to experts from industry and Commerce cancellation, enterprises must take account of accounting books in less than three years in tax audit. In addition to checking whether there is any tax evasion, the most important point is whether there is arrears, whether there is arrears of wages for employees, enterprises can not disappear, employees have unpaid staff salaries and so on.

"Yongjia" paid the severance payment to the employees before closing the workshop in Wuzhou, Guangxi. In all aspects, it reflected that although the operation was not optimistic, it was a more responsible behavior to arrange staff reasonably.

We all know, "

There are more branches in China, and the process of cancellation is very strict and long.

Wukong tax experts suggest that it is better to choose professional third party service agencies to help clean up accounts, write off business, tax and so on, and avoid unnecessary trouble.

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