Yanjin Shop (002847) 2024 Quarterly Report Review: Revenue Growth Trend Continues to Increase Profitability

Incident: On April 23, 2024, Yanjin Shop released its report for the first quarter of 2024. 2024Q1 achieved revenue of 1.23 billion yuan, +37.00% over the same period last year; net profit of 160 million yuan to mother was achieved, same as

國海證券Apr 27 00:00

Huajin Securities released a research report on April 26 stating that it gave Yanjin Shop (002847.SZ) a purchase rating. The main reasons for the rating include: 1) revenue analysis: excellent revenue performance, omni-channel multi-category growth; 2) pr

Huajin Securities released a research report on April 26 stating that it gave Yanjin Shop (002847.SZ) a purchase rating. The main reasons for the rating include: 1) revenue analysis: excellent revenue performance, omni-channel multi-category growth; 2) profit analysis: cost dividends superimposed on supply chain advantages, increased profitability; 3) 24Q1 business analysis: excellent performance, continuous development; 4) 24-year outlook: focus on categories and continuously optimize the supply chain; 5) medium- to long-term outlook: continuous optimization of channel structure to adapt to channel chain value allocation. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 26 21:59

Yanjin Shop (002847): Accelerate development and increase profits

Incident: The company released its 2024 quarterly report. In 24Q1, the company achieved total revenue of 1,223 billion yuan, an increase of 37.00% over the previous year; net profit to mother was 160 million yuan, an increase of 43.10% over the previous year; after deducting net income from mother

國聯證券Apr 26 16:16

Yanjin store (002847.SZ): The product has now covered several CVS systems in Meiyijia and other chains

Gelonghui, April 26 | Yanjin Shop (002847.SZ) said on the investor interactive platform that the company's products have now covered several CVS systems in Meiyijia and other chains. In addition to maintaining the advantages of the original KA and AB supermarkets, the company focuses on developing e-commerce, snack mass stores, CVS, campus stores, etc., and has in-depth cooperation with today's popular snack mass sales brands such as Snack Very Busy, Zhao Yiming, and Snack Youming, to cultivate and distribute resources with anchors on the Douyin platform and develop in all channels.

Gelonghui FinanceApr 26 15:28

Huaan Securities released a research report on April 25 stating that it gave Yanjin Shop (002847.SZ) a purchase rating. The main reasons for the rating include: 1) the company released 2024Q1 results; 2) revenue side: emerging channels maintain high growt

Huaan Securities released a research report on April 25 stating that it gave Yanjin Shop (002847.SZ) a purchase rating. The main reasons for the rating include: 1) the company released 2024Q1 results; 2) revenue side: emerging channels maintain high growth; 3) profit side: scale effects continue to drive net interest rates. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 26 14:31

Yanjin Shop (002847): Continued reduction in cost rates and continuous improvement in profitability

Core view The main axis of the company's strategy was upgraded from “product+channel” two-wheel drive growth to “channel is king, product leadership, and system protection”. It continues to focus on seven core categories, makes every effort to polish the supply chain, integrate upstream extensions to build the entire industry chain, and implement equity

中信建投證券Apr 26 00:00