On the evening of February 27, Suning Tesco released its results announcement that in 2017, the Company achieved a total profit of RMB4,366 million and RMB4,210 million respectively, representing an increase of 384.65% and 497.66% over the previous year respectively.
Securities Daily reporter found that Suning Tesco net profit in 2017 nearly 5 times the surge was mainly due to the company sold part of the reasons for Alibaba shares.According to the company performance Express shows that the company sold some shares of Alibaba, After deducting the initial purchase share capital and relevant expenses of the share issuance and the related direct costs, the net profit is estimated to be approximately RMB 3.285 billion (the specific financial impact will eventually be subject to the audited financial statements of the Company. Of the amount of calculation, Suning Tesco stake in the sale of Ali shares will account for about 80% of the company's net profit in 2017.
A Suning Tesco insiders told the "Securities Daily" revealed that the company since the cooperation with Ali, the performance increased rapidly, and the sale of some Ali shares only the company based on the overall development of strategic arrangements, the company's cooperation with Ali will not be affected .
According to the above Suning Tesco introduction, except for the proceeds of the sale of Ali shares, Suning's performance in 2017 growth is also very impressive.
The company said: 'If 2017 does not consider the profit impact of the sale of Alibaba shares, the company achieved net profit attributable to shareholders of listed companies was 925 million yuan, net profit attributable to shareholders of listed companies in 2016 (excluding the implementation of supply chain warehousing The innovative asset operation of the underlying asset and the impact of the disposal of the equity interest in Beijing Jingchao Suning Appliance Co., Ltd., a subsidiary of the Company, increased by 236.52% and the profitability was further enhanced.
It is understood that in 2017, the company's smart retail model has entered the stage of implementation and rapid development from the concept, and highlights the effectiveness.
The Company's annual report quick bulletin shows that in 2017, the Company achieved a total sales volume of 242.2 billion yuan, an increase of nearly 30% over the same period of 2009. Among which, the total online physical trading volume of the Company was 126.696 billion yuan (tax included), an increase of 57.37% over the same period of the previous year At the same time, Suning Tesco APP monthly active users increased 105.73% over the beginning of this year, December 2017 Suning Tesco APP orders the proportion of online total increase to 89%.
And online, as of December 31, 2017, Suning own a total of 3867 self-employed stores, the company self-employed store area of 509.3 thousand square meters.It is noteworthy that, through the Internet store and data-based construction and strengthening management quality Management and other means, Suning store management continued to improve its quality, its comparable store sales revenue in mainland China in 2017 increased 4.17%. In particular, Suning Tesco Direct stores operating efficiency appeared comparable store sales revenue increased 34.90%.
In addition to the high growth of retail business, the two businesses of "logistics" and "finance" continued to grow rapidly. In 2017, Suning Logistics and Daily Express have a total area of 686 thousand square meters of warehousing and related facilities, with 20871 express outlets, Turnover of operating revenue (excluding daily express delivery) increased by 135.76% over the same period of last year; the total trading scale of Suning Financial Services (payment business and supply chain finance business) in 2017 increased by 129.71% over the same period of previous year.
It is noteworthy that in 2017, Suning Gold Service intends to introduce external strategic investors, such as Yunfeng Fund, combined with the company and Shenzhen Capital Partners set up a logistics real estate fund, which means Suning Tesco's financial and logistics assets are already independent Expand financing capacity.
Suning plans to open 15,000 new Internet stores in the next three years and achieve a scale of about 20,000 stores in 2020. GF Securities pointed out in its research report: 'At present, Suning is in the past few years The best period, and in the stage of accelerated scale growth, the overall profitability already has a foundation of rapid growth.