The Traditional Retail Industry Is Generally Depressed, Xinhua Lost 236 Million Last Year.

Under the background of the general downturn of traditional retail industry, Xinhua has lost its first annual loss for the first time in P. The 2013 annual report released by Xinhua today shows that the company achieved operating income of 7 billion 380 million yuan in 2013, an increase of 10.77% over the same period last year, but its net profit was -2.36 billion yuan, down 248.11% from the same period last year, and its basic earnings per share were -0.44 yuan. < /p >
During the reporting period, there were 14 new stores in Xinhua City, and 16 were shut down in P. By the end of 2013, the total number of stores was 121, of which 8 were department stores, 1 were department stores and 112 were supermarkets, and the chain store area was more than 860 thousand square meters, with an average area of 7170 square meters. < /p >
< p > traditional "a href=" //www.sjfzxm.com/news/index_c.asp > retail industry < /a > in recent years, there are generally two shocks: first, the rise in labor costs. Xinhua said that labor costs have always been the most rigid cost of chain supermarkets. According to the national "12th Five-Year plan" to increase the income of the residents, the rising labor cost is an inevitable trend. In the long run, the gradual increase of labor costs will bring greater pressure to the company's business performance. < /p >
< p > two is < a href= "//www.sjfzxm.com/news/index_c.asp" > electricity supplier < /a > competition risk. < a href= "//www.sjfzxm.com/news/index_c.asp >" Xinhua all < /a > "it is believed that with the progress and popularization of information technology, especially network technology, e-commerce, as an advanced trading mode in the field of commercial trade, has a great impact on and impact on the traditional retail concept and behavior. < /p >
< p > the vigorous development of e-commerce will replace part of the traditional retail channel's market share, which will bring certain impact to traditional retail enterprises including companies, and will lead to the transformation of market structure and sales mode. < /p >
In the past few years, Xinhua has also been expanding its business scope and looking for new profit growth points because of the fact that P has been faced with a series of shocks. On the one hand, the company actively explores the transformation from traditional retail to e-commerce integration, and aims to make the e-commerce industry bigger and stronger. Last year, the company signed two cooperation agreements with Alibaba to jointly develop B2B and O2O fields. At the same time, the company also held a hand in hand with Tencent and launched cooperation based on WeChat platform. < /p >
On the other hand, Xinhua also tried to diversify business, that is, to increase investment in commercial real estate, and strive to complement the main industry with P. In May last year, the controlling shareholder, Xinhua Group, injected 19.5% stake in Changsha Wan Jia Cheng to its listed companies. Because Xinhua capital group still held about 37.3% stake in Changsha Wan Jia Cheng real estate project, there was still possibility of continuous injection of equity in the project. < /p >