Chongqing Department Store (600729): Main business performance is stable and we look forward to future restoration
Introduction to this report: Q1 operations were steady, and net profit after matters such as deductions, losses, and asset disposal was basically the same as the same period last year; it is expected that in the context of marketing activities and the promotion of new business formats, the main business will recover steadily from Q2. Key points of investment: Maintaining an increase in holdings. Q1
Chongqing Department Store (600729): Revenue declined under a high base; after deducting an increase in non-net interest rates, improved operating efficiency
Performance summary: 2024Q1, the company achieved revenue of 4.85 billion yuan, -4.6% year on year after adjustment; realized net profit to mother was 435 million yuan, -15.1% YoY after adjustment; profit and loss after deducting changes in fair value (mainly from
Chongqing Department Store (600729): The main retail industry continues to develop steadily, reduce costs and increase efficiency to optimize profit levels
The main retail industry developed steadily in the first quarter. The company achieved revenue of 4.850 billion yuan/yoy -4.63% in 2024Q1, net profit of 435 million yuan/yoy -15.07%, after deducting 4.46 of non-return net profit
Chongqing Department Store (600729): Centralized business area, improved cost control capacity in Sichuan and Chongqing
Investment highlights: The company released its report for the first quarter of 2024, and the performance was in line with expectations. According to the company's announcement, 24Q1 achieved operating income of 4.850 million yuan, -4.63% year-on-year, and realized net profit of 435 million yuan to mother, compared with the same period last year
Chongqing Department Store (600729): Electric appliances performed relatively well and completed the takeover of a merger trading company group
The company's 1Q2024 revenue decreased 4.63% year on year, and net profit to mother decreased 15.07% year on year. On April 29, the company announced its 2024 quarterly report: 1Q2024 achieved operating revenue of 4.850 billion yuan.
Chongqing Department Store (600729): The deduction of non-net profit in 1Q24 is in line with expectations, cost reduction and efficiency continue to advance
The results for the first quarter of 2024 are in line with our expectations. The company announced 1Q24 results: achieved revenue of 4.85 billion yuan, a decrease of 4.6% in the comparable caliber, and net profit of 430 million yuan. The comparable caliber also decreased 15.1%, after deducting non-return to the mother
Chongqing Department Store (600729): Net profit of the main business increased by 119% in 23, reduced costs, improved efficiency and consolidated development
Chongqing Department Store released its 2023 annual report. In 2023, revenue of 18.985 billion yuan was achieved, up 3.72% year on year; net profit due to mother was 1,315 billion yuan, up 48.84% year on year, after deducting net profit of 11.2 billion yuan
Chongqing Department Store (600729.SH): Net profit of 435 million yuan in the first quarter decreased 15.07% year on year
On April 29, Ge Longhui (600729.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 4.85 billion yuan, a year-on-year decrease of 4.63%; net profit attributable to shareholders of listed companies was 435 million yuan, a year-on-year decrease of 15.07%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 446 million yuan, an increase of 3.10% year-on-year; and basic earnings per share were 0.99 yuan.
Chongqing Department Store (600729): 24Q1 Chongqing Trading Company absorbed and merged to lead the growth rate of the electrical appliance industry
Incident: Chongqing Department Store released its 24Q1 financial report. In 24Q1, it achieved revenue of 4.850 billion yuan/ -4.63%, and net profit of 435 million yuan/ -15.07%. By business type, the electrical appliance industry in Chongqing is growing positively
Chongqing Department StoreLtd's (SHSE:600729) Earnings Are Weaker Than They Seem
Despite posting some strong earnings, the market for Chongqing Department Store Co.,Ltd.'s (SHSE:600729) stock hasn't moved much. Our analysis suggests that shareholders have noticed something concer
Chongqing Department Store (600729): Achieved net profit of 1,315 billion yuan in 23, an increase of 49% in line with expected scale advantages, and an obvious dividend rate of nearly 50%
The company released its 2023 annual report. The company achieved revenue of 18.985 billion yuan in '23, +3.72% year-on-year; achieved revenue of 4.207 billion yuan in the fourth quarter, +10.86% year-on-year. The company achieved net return to mother in 23 years
Dongwu Securities released a research report on April 21 stating that it maintains the Chongqing Department Store (600729.SH) purchase rating. The main reasons for the rating include: 1) the cost ratio has improved, and the net interest rate has increased
Dongwu Securities released a research report on April 21 stating that it maintains the Chongqing Department Store (600729.SH) purchase rating. The main reasons for the rating include: 1) the cost ratio has improved, and the net interest rate has increased; 2) looking at the main business segment: light expansion and efficiency improvement; 3) the immediate steady growth of the consumer finance business will contribute to investment income. (Mainichi Keizai Shimbun)
Chongqing Department Store (600729): Net profit to mother was +49% year-on-year, in line with expectations, and the dividend rate increased
Investment highlights: In 2023, the company achieved revenue of 19 billion yuan, +3.7% year on year; net profit to mother of 1,315 billion yuan, +48.8% year over year; net profit and loss from changes in fair value, government subsidies, and non-current capital
Chongqing Department Store (600729) 2023 Annual Report Review: The integration of multiple business formats continues to increase in the share of member sales in 23 years
Performance summary: 1) 2023: Achieved revenue of 18.985 billion yuan/yoy +3.72%, net profit of 1,315 billion yuan/yoy +48.84%, net profit of non-return to mother 1,129 million yuan/
Chongqing Department Store (600729): Main retail business gradually recovers and profitability continues to improve
Report Summary: Incident: Chongqing Department Store released its 2023 annual report. In 2023, the company achieved revenue of 18.985 billion yuan/ +3.72%, net profit to mother of 1,315 billion yuan/ +48.84%, net profit not returned to mother
Cinda Securities released a research report on April 19 stating that it gave Chongqing Department Store (600729.SH) a purchase rating. The main reasons for the rating include: 1) high dividends are realized as expected; 2) the four major retail businesses
Cinda Securities released a research report on April 19 stating that it gave Chongqing Department Store (600729.SH) a purchase rating. The main reasons for the rating include: 1) high dividends are realized as expected; 2) the four major retail businesses promote integration, transformation and innovation to systematically improve operating capacity; 3) excellent cost management and continuous promotion of cost reduction and efficiency; 4) Immediate consumer finance continues to innovate financial services to meet consumer demand, maintain stable business performance, and further enhance the company's overall performance; 5) absorption and restructuring are successfully implemented, and core competitiveness is further enhanced. (Mainichi Keizai Shimbun)
Chongqing Department Store (600729): Intensive cultivation of the main business, boosting the management capacity of the department store business
Event: The company released its 2023 annual report. (1) The company achieved revenue of 18.99 billion yuan, an increase of 3.7% over the previous year. Achieved net profit of 1.31 billion yuan to mother, an increase of 48.8% over the previous year. Net profit after deducting non-return to mother 11.3
Chongqing Department Store (600729): Focus on business in Sichuan and Chongqing and actively lay out discount retail
Core idea In 2023, the company achieved operating income of 18.985 billion yuan, +3.72% year over year; realized net profit of 1,315 billion yuan, +48.84% year over year; achieved net profit of 1,129 billion yuan after year
Chongqing Department Store (600729) 2023 Report Review: Main Retail Business & Immediate Consumption Performance, High Dividends Delivered as Expected
Incident: The company announced its 2023 results, achieving revenue of 18.985 billion yuan, an increase of 3.72%, net profit to mother of 1,315 billion yuan, an increase of 48.84%, after deducting net profit of 1,129 billion yuan
Chongqing Department Store (600729): Optimizing offline stores to improve fee control and efficiency
Incident: The company's 2023 revenue was 18.985 billion yuan, +3.72% year on year, net profit to mother of 1,315 billion yuan, +48.84% year on year, net profit after deduction of 1,129 billion yuan, +41.7 billion yuan year on year
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