Secondly, as an accounting profession, the letter can clearly tell you that it is very irresponsible and arbitrary to judge its financial situation by checking the company profile through enterprise query software. The query software won't tell you the specific operation of the company, so it's nonsense for you to invest in industrial and commercial registration information.
Professionals can judge whether a unit is worth investing according to its financial statements and other information; For the average person, your understanding of these professional information is incomplete or even untrue.
As a traditional population-intensive manufacturing industry, cotton textile enterprises have the characteristics of large output and low added value, which is a case of small profits but quick turnover under its normal production and operation mode. At this time, regardless of shareholders' dividends and other factors, most of the profits are used to bear the fuel and power costs such as labor costs, procurement and maintenance costs of production machines, water, electricity, packaging materials, transportation costs, and necessary fixed costs, such as the salary of managers. Therefore, for products, the smaller the interest expense (that is, the interest received by investors every month after investing capital), the better the operating conditions will be if the products are the same and the output is the same. On the other hand, the greater the interest expenses borne by enterprises, the more they will fall into the profit and loss trap. If it is difficult for its products to absorb this part of the cost, it will go further and further on the road of losing money.
I don't know much about the situation of Dezhou Hengfeng Group. You need to judge for yourself. Please fully consider the above situation before investing. Wish you a happy life!