When guoqing: Capital markets misreading when real growth

　[Summary] earnings report profit data is 2 million yuan, only about one-tenth of real profit.

Tencent Science and Technology (Lotte) June 13 News, following last year on line tail goods after the flash purchase, "New Flash purchase" Business online also let Dangdang recent stock price continued to rebound.

In the new product flash business on the line, Dangdang CEO guoqing in micro-blog revealed a group of data, said the first quarter Dangdang net real profit amounted to 19 million yuan, and the earnings report data is 2 million yuan, excluding 17 million yuan of exchange losses.

In the four quarter of last year, when the earnings report was 20 million yuan, which also contains 17 million yuan in exchange earnings, the actual profit is 3 million yuan.

Guoqing revealed when the data include: 1, 13, the clothing tail of the purchase of the total turnover of the net 10.2 billion; 2, 14 Q1 turnover 3 billion, up 54% (shoe bag growth 116%); 3, Q1 clothing new guest number stimulated, book new guest increase speed slow (but net profit double); 4, Wireless traffic accounted for 45% in the first quarter.

Currently when valued at 900 million dollars, together the United States for 3.824 billion U.S. dollars, only goods will be 10.1 billion U.S. dollars, Beijing east for 37.2 billion U.S. dollars, and the same period when the size is poly twice times, only the goods will be One-fourth, which makes guoqing that when the valuation is seriously underestimated, is the capital market misreading when real growth.