Net profit up 321.23% in the first three quarters | Retailers enter the Suning era

(002024.SZ) released three quarterly show that it has ushered in the rapid growth of income, profitability, the profitability of the profitability, the profitability, the profitability, the profitability, the profitability, the profitability, the profitability, the profitability, the profitability, the profitability, the profitability, the profitability Gradually consolidate the wisdom of the retail dividend harvest period.

Earnings show that Suning cloud business in the first three quarters of 2017 revenue of 131.882 billion yuan, an increase of 26.98%, to achieve attributable to shareholders of listed companies net profit of 672 million yuan, an increase of 321.23% year on year, while the third quarter to achieve operating income 48.136 billion yuan, an increase of 36.95%, which is its opening in 2009 after the Internet transformation, the best growth in the third quarter.

In fact, in the context of the weak profitability of the electricity business sector, Suning cloud has been profitable for four quarters since the fourth quarter of 2016, indicating that it has formed a clear profit model, which in the third quarter belongs to the shareholders of listed companies Deducted non-net profit of 197 million yuan, an increase of 188.66%.

Some analysts believe that this shows that Suning cloud business Internet profit model compacted, has reached the stage of profitable scale, the future sustained high-speed development can be expected.Suning in the earnings report is also expected, 2017 attributable to shareholders of listed companies net profit of 871 million yuan - $ 971 million.

Double line force line growth of 65.54% retail industry into Suning home age

Since the beginning of this year, the retail industry continued to strengthen the situation, the first three quarters of 2017, the country's 100 key large-scale retail enterprises accumulated growth of 2.8%, while the wisdom of the retail leader, Suning cloud sales growth rate and profit growth rate, Far higher than the growth rate of the industry continue to lead, as Suning Yun Zhang, chairman of the cloud business, said, 'the development of the retail market is usher in the inflection point, is fully into the wisdom of Suning retail era'.

In fact, after eight years of Internet transformation of the exploration and layout, Suning Yun business O2O integration model of the scale effect is further apparent.Three quarterly display, its online, into the commodity rich, increased traffic, increased viscosity, increased sales of a virtuous circle, The first three quarters, the company's online platform sales of self-merchandise 66.233 billion yuan (including tax), an increase of 65.54%, third quarter online platform sales of self-employed goods is up 72.93% .And online, Suning Yun Continue to upgrade the store format, to enhance the quality of store operations, in recent years, not only to create a Suning easy to buy cloud shop, Suning Tesco direct sales stores, Suning supermarket, Suning red children, Suning shops cover cities, rural areas, Market mature format, the third quarter also innovative launch of the Suning Tesco supermarket, Suning no one shop and other innovative formats.As of September 30, the company has a total of 3748 self-storey stores.

Data operations were effective APP daily live growth of 83.2%

In the income scale to maintain high-speed growth on the basis of the company's online line under the fine management capacity is also rising.Three quarterly show, online, Suning cloud business to strengthen data operations, through a series of means to enhance the degree of activity and conversion rate, the third quarter Suning Tesco APP daily average number of active users increased by 83.2%, 2017 in September the number of mobile orders on the overall proportion of online 86.63%; online, the first three quarters of the company comparable store (cloud shop and regular shop, county shop) sales An increase of 4.39%, especially Suning Tesco stores comparable store sales revenue grew 35.27%, while the online and offline channel healthy development, to promote the company operating costs continued to decline in the reporting period operating expenses rate fell 1.54% The

It is worth noting that 'online and offline integration' to become the theme of this year's Suning double 11. Guotai Junan also pointed out in its research report, 'Suning line off the assembly line usher in the double inflection point', especially Suning cloud business with mature Line of genes, 'offline stores will be Suning and pure electricity business enterprises significantly different advantages of the Alpha', and Zhang Jindong also plans to 2018 to add 5,000 Internet stores.

Suning easy to buy cloud shop

Socialized logistics revenue grew 144.83% Financial transactions increased by 174%

Retail business into the rapid development of the track also led to Suning logistics, financial business by leaps and bounds, its 'retail + logistics + financial' profit pattern has begun to show.

In the third quarter, the continuous improvement of logistics facilities for the Suning logistics operation efficiency to provide a strong support.As of the end of 2017 in September, Suning Logistics and Express every day has a total storage area of ​​6.28 million square meters, with express outlets 20000, the logistics network covers 352 prefecture-level cities nationwide, 2810 districts and counties in the city. On the basis of a strong hardware facilities, Suning logistics continue to accelerate the pace of opening up, the social operation of the ability to continue to highlight the first three quarters of Suning logistics socialization Business income (excluding daily delivery) grew 144.83% year on year.

Suning to build the first in Asia, the world's top three intelligent logistics base - 'Suning Yuncang'

It is noteworthy that, Suning is continuing to promote the integration of daily delivery, during the reporting period, the two sides have integrated the IT system has been opened, October 28, every day, the headquarters of the headquarters moved from Hangzhou to Nanjing Suning headquarters park. Suning Logistics and Daily Express through the headquarters Integration, unified management, the depth of the sharing of resources and synergy advantages in the future layout of the future has taken a crucial step.At the same time, Suning Logistics's differentiated service capabilities are being formed, 'with temperature' brand image enjoys popular support. Launched a series of products such as 'punctual arrival', rapid reaching, 'semi-day', 'next day', 'sending and receiving one' and so on, stand out in the market competition.

On the other hand, Suning Financial focused on the four core businesses of supply chain finance, consumer finance, payment and product sales and practiced the concept of financial technology-driven business operations. The overall transaction scale in the first three quarters increased by 174% over the same period of the previous year and the supply chain finance business launched The amount increased by more than 190%, the new regular transfer, education payment, entertainment recharge, parking payment, bus payment, fingerprint payment and other functions, customer service products more and more comprehensive. Brush face payment has been applied to the end of August Suning first no Shop, Suning will open four new stores this year during the double-11.

'Suning is currently at an important turning point in fundamentals', GF Securities Research reported that the next three years will enter the rapid development of online high-speed line, the second expansion, logistics and financial contribution to large-scale profitability of the sustainable development cycle. With the fourth quarter of the entire industry to promote e-commerce and consumer demand for the concentration of the release of Suning 'double 11 this year will re-create the peak performance.