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Suning profit increase in 2007 net profit of 1.465 billion Jiucheng by big tree
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Suning profit increase in 2007 net profit of 1.465 billion Jiucheng by BIG TREE
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Article Posted: 08/12/2010 |
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Suning profit increase in 2007 net profit of 1.465 billion Jiucheng |
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Business,Business News,Business Opportunities
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Announced the 2007 annual report, the report showed a net profit for the year Suning 1.465 billion yuan, up 93.42 percent, up 2.241 billion total profit. However, after the two-year program of high-dividend after the dividend for 2007 Suning relatively conservative, is only distributed in cash for every 10 shares 2 yuan. Suning CEO Sun Weimin said, this year will continue to focus on balanced development of enterprises, rather than the pursuit of the number, size of the competition. Guoxin Securities Principal analyst Hu Hongke interview that the report in line with expectations. Meanwhile, Hong Ke Hu once again raised the company's profit forecasts for 2008-2010, and to give Suning "recommended" maximum Investment Level. This year to open 200 new stores Report shows a total of 2007 Suning achieved 40.152 billion yuan of business revenue, main business income of which 38.7 billion yuan, up 55% over the same period the previous year; net profit to 14.65 billion yuan, up 93.42 percent over the same period; Net profit margin improved in 2006 0.75 percent; sales charge rate Management Cost rate fell by 1.44 percentage points. During the reporting period, Suning has been in the country over 152 prefecture-level city has 632 stores, chain stores net increase over the same period the number of 281. Concern is behind the growth in the data series, indicating chain endogenous growth has become an important driving force. Suning January 1, 2006 opening of the 2007 comparable store sales increase of 16.5%. Which Suning 3C + 2007 comparable store sales of its flagship stores rose 18.76%, which has become important to enhance the quality of single-store power. Said Sun Weimin, 2008, Suning will open 200 new stores nationwide, Suning is still focused on the development of the next three years, the Beijing-Shanghai force attack, plans three years, the two Home Appliances Chain stores reached 100 scale. End of this year, the total number of Suning's stores will reach about 900. Three-year performance is expected to increase broker Yesterday, Suning has released its annual report with the profit distribution plan to the end of 2007 the company's total share capital of 1.44 billion shares for the base, for every 10 shares to all shareholders to distribute cash 2 yuan (including tax), totaling 288 million in cash. Some investors believe that the dividend is relatively conservative, however, that the Hu Ke Hong, high-speed development of enterprises and high net worth corporate profits, relatively conservative dividend scheme is reasonable. Guoxin Securities fast performance in yesterday's comments on the report of Su Ning pointed out that the extension, meaning high growth performance stack push Suning. While analysts believe that Suning the annual report also shows that after years of chain industry Competition "explosive" formation of Suning and States United States Two oligopoly structure, the industry has entered the Competition, "endurance" phase. Guoxin Securities report yesterday raised its profit forecast Su Ning, Hu Hong-Ke expects sales revenue for 2008-2010 were 58 billion yuan, 800 yuan, 100 billion yuan, net profit was 2.75 billion yuan, 43.5 billion, 55 billion, and options corresponding to additional amortization of the total share capital, the company earnings per share for 2008-2010 were 1.80 yuan, 2.85 yuan, 3.57 yuan. Meanwhile, Guoxin Securities for 35 times 2009 Suning dynamic PE That the reasonable value of the company 100 yuan / share. I am a professional writer from China Manufacturers, which contains a great deal of information about bespoke suits , casual blazer, welcome to visit!
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