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Traditional Retail: 41 Department Stores Listed Companies 17 Net Profits Shrink

2014/4/9 21:44:00 19

Traditional Retail Department Stores Listed Companies

at present, the retail industry < a href= "//www.sjfzxm.com/news/index_c.asp" > the listed company < /a > 2013 annual performance report has basically been announced.

According to statistics, as of April 4th, of the 41 listed department stores listed in the annual reports, 17 enterprises had a decline in net profit growth, accounting for 41% of the total. In the 12 supermarket enterprises that have published annual reports, 7 enterprises appeared net profit decline.

electricity providers aggravate the small profits dilemma of department stores

as of April 4th, 41 of the 63 listed department stores listed in the joint venture network have published their annual reports in 2013.

Compared with the overall situation of the retail industry, most department stores are running rather gloomy. Although the total retail sales have increased, net profit has declined to varying degrees.

statistics show that the total sales volume of 41 listed department stores listed companies has reached 297 billion 413 million yuan, with an average growth rate of 8.3%, lower than the total retail sales of consumer goods in 2013. Net profit amounted to 13 billion 321 million yuan, with an average increase of 11.2%. Compared with the same period last year, the top ten listed companies did not change much.

from the point of view of revenue, there are 13 enterprises in 41 enterprises whose business income exceeds 10 billion yuan. Among them, < a href= "//www.sjfzxm.com/news/index_c.asp" > Chongqing department store < /a > ranks 30 billion 246 million in the first place. The Yu Garden mall is closely followed by 22 billion 523 million yuan, followed by Wangfujing department store, Baisheng department store, Golden Eagle commerce and so on.

reporter noted that among the 41 enterprises that had announced the performance, 33 enterprises had a positive year-on-year growth in revenue, but only 24 had a positive year-on-year increase in net profit.

in the 17 enterprises with net profit decline, more than 30% enterprises fell by 7.

Among them, the net profit of Parkson Department store was 354 million yuan, down 58.4% compared to the same period last year. The net profit of ywang Wang was 86 million yuan, down 55.18% compared with the same period last year. It is noteworthy that the net profit of the year old treasure Department dropped 378% to -2.19 billion yuan.

Hu Chuncai, general manager of Shanghai Shangyi Business Management Consulting Co., Ltd. pointed out that "department stores are more influenced by e-commerce than others, and some companies that can maintain revenue gains (or enterprises) rely on strong sales promotion, which has brought down the overall gross profit margin".

however, Huang Wenjie, executive director of Guangdong provincial Circulation Industry Association, told reporters earlier that the impact of electricity providers is more psychological, because the proportion of products that are actually traded by electronic commerce and the overlap of department stores are not high, and the performance of department stores is not in the short term.

Compared with foreign department stores, China's department store industry has always been a small profit industry. At present, with the intensification of competition, the profit of P is worse.

"It is hard to say whether the overall net profit of general merchandise listed companies can be eased in 2014. At present, the department stores have not found many successful pformation models, and more are continuing the past."

Hu Chuncai pointed out.

scale is not < a href= > //www.sjfzxm.com/news/index_c.asp > supermarket > /a > weapon > /strong > /p >

Similar to the department store format, the performance of supermarket listed companies in P is not outstanding.

as of April 3rd, 13 supermarkets listed in Lianshang network statistics have announced 12 outstanding businesses in 2013. Among them, there are 9 enterprises with sales income of more than 10 billion yuan: Gao Xin retail, which has big Rand and two brands of Auchan, ranks first in 83 billion 958 million yuan, followed by Huarun 10000 (76 billion 300 million yuan), Yonghui supermarket (30 billion 542 million yuan), Lianhua Supermarket (30 billion 380 million yuan), and Wuming business (18 billion 886 million yuan).

it is worth noting that in the 12 companies that publish annual reports, 11 enterprises have a positive year-on-year growth in revenue, and only 1.53% of people's happiness revenue fell by the same period last year.

However, from the data of net profit, 7 companies showed net profit year-on-year decline, of which Xinhua accounted for the largest decline of 244.35%.

in recent years, the retail industry has experienced a continuous winter. The longer the time is, the greater the impact will be.

The explosive growth of commercial real estate in recent years has resulted in the rapid expansion of the retail industry and the fierce competition in the same industry.

"The plate is so large that everyone will divide the food, and the natural ratio will be reduced."

A retail industry analyst told reporters.

Hu Chuncai told reporters that in terms of the supermarket format, the biggest seller is the hypermarket because its main profit point is affected by the comprehensive electric business of the first store and Jingdong.

"If we want to regain market share, we have to cut prices sharply, which brings about a decline in gross margin."

there is a view that under the background of the overall requirements of the industry pformation, the sharp weapon against competitors' strong competition to maintain their performance growth is that the plate is not big.

Hu Chuncai did not agree with P. He said, "scale is only a factor in the competition of supermarkets. It depends on whether the scale is built on the basis of single store profits. Otherwise, the scale is likely to be empty."