603719 Bestore Co.,Ltd.
- 15.24
- +0.07+0.46%
Bestore Co.,Ltd. News
Liangpin Shop (603719): Short-term pressure gradually adjusted
Maintain an “Overweight” rating. Considering the company's price reduction and slowing store expansion, the 2024-2025 EPS forecast was lowered to 0.49 (-0.46) /0.62 (-0.56) yuan, adding 0.81 yuan in 2026.
Liangpin Shop (603719): Actively adjust and wait for results
Incident: The company published its annual report for '23 and its quarterly report for '24. In 2023, the company achieved revenue of 8.05 billion yuan, a year-on-year decrease of 14.8%, and achieved net profit of 180 million yuan to mother, a year-on-year decrease of 46.3%. 24
Liangpin Shop (603719): The revenue side enters the improvement channel and profitability is temporarily under pressure
The incident described that the company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved operating income of 8.05 billion yuan, a year-on-year decrease of 14.76%; net profit to mother was 180 million yuan, a year-on-year decrease of 46 million yuan
Liangpin Store (603719): Actively promoting transformation and putting pressure on profits in the short term
The company achieved revenue of 8,046 billion yuan/ -14.76% in 2023, net profit of 180 million yuan/ -46.26%, after deducting net profit of 65 million yuan/ -68.82%. Looking at a single quarter, 23
Liangpin Shop (603719) 2023 Annual Report and 2024 Quarterly Report Review: Continued adjustments await improvement
Incident: Liangpin Store released its 2023 annual report and 2024 quarterly report. The full year of 2023 achieved operating income of 8.046 billion yuan, -14.76% year-on-year; net profit to mother was 180 million yuan, or -46.2 million yuan year-on-year
Liangpin Store (603719): Performance is under pressure and waiting to be improved
Event: The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved total revenue of 8,046 billion yuan, -14.76% year-on-year; net profit to mother was 180 million yuan, year-on-year.
Minsheng Securities released a research report on April 27 stating that Liangpin Store (603719.SH) was given a recommended rating. The main reasons for the rating include: 1) adhering to the “good goods are not expensive” price strategy and continuous adj
Minsheng Securities released a research report on April 27 stating that Liangpin Store (603719.SH) was given a recommended rating. The main reasons for the rating include: 1) adhering to the “good goods are not expensive” price strategy and continuous adjustments in store business; 2) gross profit of product price adjustments has declined, and revenue scale has declined, and cost efficiency has decreased. (Mainichi Keizai Shimbun)
Liangpin Shop (603719): 2024Q1 revenue will return to growth and annual performance improvement can be expected
Under pressure from the 2023 results, 2024Q1 revenue resumed growth. The company released the 2023 annual report and the 2024 quarterly report, and achieved revenue of 8.05 billion yuan in 2023, -14.8% year-on-year; net profit to mother1
Liangpin Store (603719): Continued adjustments in the store business format are putting pressure on short-term performance
Incident: The company released its 2023 annual report and 2024 quarterly report. In 23, it achieved revenue of 8.046 billion yuan, -14.76% year over year; net profit to mother was 180 million yuan, -46.26% year over year; deducted non-net profit
Liangpin Shop (603719): Profit side under pressure, brand strategy updated and adjusted
On April 25, 2024, Liangpin Store released the 2023 Annual Report and the 2024 First Quarter Results Report. Key investment points The profit side is under pressure in the short term, and the new brand positioning revitalizes the company 2023/2023/Q4
Liangpin Shop (603719): 23 years of price reduction transformation and 24 years of continuous adjustment
23 Annual results were under pressure, and 23Q4 was actively transformed. On 24Q1, the company released its 23 annual report and 24Q1 results on 4.25, and achieved revenue/net profit/net profit deducted from non-net profit of 80.5/1.8/
New Consumer Daily | 5,781 Xiaomi cars have been delivered; Liangpin Store's Q1 net profit fell 57.98% year on year; several hotels in Beijing have completely abolished “mandatory face brushing”...
New Consumer Daily, April 25. The main contents of today's new consumer daily include: JD's new 10 billion subsidy plus 200 million yuan in giveaways in the beauty category; the State Tobacco Monopoly Administration plans to further regulate the popularity of e-cigarettes; IDC claims that Honor and Huawei tied for first place in the Chinese smartphone market in the first quarter.
Sacrificing short-term profits to “win back more consumers”? Liangpin Shop Q1 Revenue Increased No Profit | Financial Report Interpretation
① In the first quarter of this year, Liangpin Store achieved revenue of 2,451 billion yuan, a year-on-year increase of 2.79%, and net profit to mother of 62.4828 million yuan, a year-on-year decrease of 57.98%. ② Chairman Yang Yinfen said that the company's primary purpose is to win back more consumers, increase the procurement scale and bargaining power of good products stores, and obtain long-term, sustainable and efficient supply chain capabilities.
Express News | Liangpin Store: Net profit of 62.4828 million yuan in the first quarter decreased by 57.98% year on year
Is Bestore Co.,Ltd (SHSE:603719) Worth CN¥16.1 Based On Its Intrinsic Value?
Key Insights BestoreLtd's estimated fair value is CN¥13.10 based on Dividend Discount Model Current share price of CN¥16.07 suggests BestoreLtd is potentially 23% overvalued Our fair value estimat
Liangpin Shop (603719.SH): More Wahaha products will be launched one after another
Gelonghui March 15 | Liangpin Shop (603719.SH) said on the investor interactive platform that the company stores sell Wahaha AD calcium milk products and will launch more Wahaha products one after another.
Returns On Capital At BestoreLtd (SHSE:603719) Paint A Concerning Picture
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside th
Liangpin Shop (603719.SH) shareholder Da Yong Co., Ltd. reduced its holdings by 3% and completed the plan to reduce its holdings
According to the Zhitong Finance App, Liangpin Shop (603719.SH) issued an announcement. As of February 29, 2024, the company's shareholder Dayong Limited's holdings reduction plan reduced its holdings by 1.03 million shares, accounting for 3% of the company's total share capital, and the implementation of the holdings reduction plan was completed.
Liangpin Shop (603719.SH): Currently, virtual anchors are not used to bring goods
Gelonghui, Feb. 27丨Liangpin Shop (603719.SH) said on the investor interactive platform that the company has not yet used a virtual anchor to bring goods. The company will continue to monitor technological developments in related fields.
Liangpin Shop (603719.SH): Products include meat snacks, puffed biscuits, fried goods, gift boxes, gift packs, etc.
Gelonghui, Feb. 27丨Liangpin Shop (603719.SH) said on the investor interactive platform that the company's products include meat snacks, puffed biscuits, fried goods, short-shelf baking, children's snacks, convenient fast food, canned jelly, seafood snacks, baked goods, dried red dates, flower tea, dried plum fruits, nuts, gift boxes, etc. In response to the demand for New Year's gift boxes for the New Year and Spring Festival, the company launched dozens of gift boxes across all channels, and promoted and sold through various methods such as live broadcasts on platforms such as Douyin, Kuaishou, Taobao, etc., and in-store broadcasts.
Analysis
Price Target
No Data
