Gome hopes to profit, the group undertakes 40% losses of Gome online

Abstract: Last year, 500 million of the net loss of Gome (0493.HK) hope to profit. Gome's latest announcement, the first half of this year, Gome's net profit will be turned into a surplus. In the second quarter, shareholders ' share of profits increased by more than 100% in the quarter. Profit is mainly due to sales in the first half of this year

Gome (0493.HK), which had a net deficit of 500 million last year, is looking to make a profit.

Gome's latest announcement, the first half of this year, Gome's net profit will be turned into a surplus. In the second quarter, shareholders ' share of profits increased by more than 100% in the quarter. Profit is due to the first half of this year sales rose, and the United States to assume the proportion of online loss.

Gome Online chairman Guixian revealed that Gome online this year's sales target is 10 billion yuan, the more "Junlingzhuang", to secure Gome online six months to a year to achieve profitability.

The group undertakes 40% losses of Gome online

In the first quarter of this year, Gome net profit was 76.33 million yuan. If the second quarter net profit quarterly growth doubled, Gome first half profit at least 200 million.

National reputation, the company to achieve profit is one of the important reasons is sales revenue growth: The first half of this year, with the help of China's household electrical appliances industry gradually warmer posture, gome all Rio Tinto sales, control costs, through the unified procurement, operation, to achieve the overall line under the full sharing, the main financial data

In addition, Gome online equity ratio changes, listed companies to bear loss ratio also helped Gome listed companies to make a profit. South have been informed that the current listed companies Gome and its parent company Gome Group in the United States online shareholding ratio of 60% and 40%, that is, Gome group to assume the United States online 40% losses, for the listed companies "burden." Prior to this, Gome's losses are all listed companies to bear.

In the first half of earnings news stimulus, gome in Friday stock market strength, up to 11.27%, close to 0. HK $79. But this week a failure to keep up the rally.

"We think that this rebound is a phased rebound, mainly because the industry competition pattern has not been substantially improved, the intensity has not eased." The main reason for Gome's profitability is that the associated party has absorbed some of the losses of the network company, while the energy-saving subsidy expired in June and stimulated a part of the early demand caused by the industry boom has not significantly improved. Guotai The latest research report as analysis.

Electric Dealer Junlingzhuang: Must be profitable within a year

Several industry insiders believe that this year's slowing economic growth, domestic household appliances market demand for weak growth, Gome's physical stores and online stores will also be affected. Relevant data show that Gome's first quarter of the same store sales growth of nearly 17%, but the overall gross profit rate fell to about 17.6%, reflected in the price war competition, gross margin continued pressure. Gome earlier this year, the overall sales area will be reduced by 50,000 square meters, the year 10 to 20 new stores will be concentrated in two or three line cities.

But Gome has repeatedly conveyed confidence to outsiders. Gome President Wang Junzhou said that the group has fully implemented the "online integrated multi-channel retailer" strategy, full of confidence in the future. Gome Online chairman Guixian revealed that Gome online this year's sales target is 10 billion yuan. Guixian pointed out that the Gome online and Bowser network after the merger, cost, supply chain all aspects of the cost reduction, the first half of this year, the domestic online losses were lower than the same period last year. Zhangjin stressed, "less than six months, more than a year's time, Gome business will be profitable."

Gome may be positive, the new round of home appliance subsidy policy or in the four quarter. Sources said that the NDRC and other relevant departments are discussing a new round of home appliances subsidy policy, including air-conditioning, television, air heaters, lampblack and washing machine Five products new energy efficiency standards, is expected to be formally implemented on October 1, or for the home appliance industry to bring a new wave of sales.