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Chongqing Department Store Co., Ltd. 2025 Annual Report – Summary
Chongqing Department Store Co., Ltd. 2025 Annual Report
Chongqing Department Store Advances Business Model Adjustments Amid Dual Decline in Last Year’s Revenue and Net Profit | Earnings Report Analysis
① In 2025, Chongqing Department Store's operating revenue was 14.698 billion yuan, and the net profit attributable to shareholders was 1.045 billion yuan, representing year-on-year decreases of 14.24% and 20.48%, respectively. ② The company distributed dividends of 418 million yuan in 2025, with a dividend payout ratio of 40.02%, marking a decline compared to last year. ③ The company continued to promote adjustments and renovations across all formats of its stores, increasing its main business gross margin by 2.31 percentage points to 22.6%.
Chongqing Department Store (600729.SH): Net profit for 2025 decreased by 20.48% year-on-year; proposes a dividend of RMB 7.91 per 10 shares.
Chongqing Department Store (600729.SH) released its 2025 annual report on April 17, showing that the company achieved a total revenue of 14.698 billion yuan for the year, representing a year-on-year decline of 14.24%; net profit attributable to shareholders was 1.045 billion yuan, down 20.48% year-on-year; and non-recurring net profit attributable to shareholders was 1.006 billion yuan, marking an 18.03% decrease compared to the same period last year. The company proposed a cash dividend of 7.91 yuan per 10 shares to all shareholders.
Shenwan Hongyuan: Consumer recovery in Q1 for the retail sector, with e-commerce retail expected to see profit restoration.
It is recommended to focus on the e-commerce sector, which is strengthening AI-driven empowerment and experiencing rapid profit recovery.
Guosen Securities: The consumer goods retail sector experiences volatility and pullback; seize the long-term opportunity to invest in leading high-quality companies.
Since the post-holiday period, the retail and beauty care sectors have experienced significant pullbacks, primarily due to external event shocks leading to a decline in overall market risk appetite and weakened sector sentiment.