Changchun Department Store Revenue Increased By 3.60% Last Year.

P > March 1st, "a href=" "//www.sjfzxm.com/news/index_p.asp" > Changchun /a > department store group issued 2013 annual report. In this reporting period, the company achieved 406 million yuan in operating revenue, up 3.60% from the same year, 15420879.12 yuan to achieve business profit, up 116.35%, the total profit of 17348182.25 yuan, up 89.56%, net profit 17 million yuan, up 89.66% over the same period.

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< p > the report points out that the company achieved operating income of 406 million 130 thousand yuan in 2013, an increase of 3.60% over the same period last year, and the main business revenue was mainly composed of: sales revenue of commodities reached 353 million 250 thousand yuan in the current year, accounting for 86.98% of main business income, 49 million 320 thousand yuan of rental income, 12.14% of main business income, 3 million 560 thousand yuan of hotel income, 0.88% of main business income.

The main business of the company is commodity sales, mainly in department stores.

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< p > the report said that the department store industry in recent years faced the impact of the new a href= "//www.sjfzxm.com/news/index_cj.asp" shopping mode < /a >, such as online shopping and electricity providers, and faced greater competition pressure. At the same time, companies in the industry still faced the competition of emerging retail formats such as super shopping centers and large supermarkets. The main business scope of the company was only confined to Changchun, and there was a great uncertainty in the future development prospects.

Therefore, the company is looking for better assets to be injected into the listed companies to improve the company's continued profitability.

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< p > the main business of the company is retailing, and the main risks it may face are: < /p >

< p > 1, there are uncertainties in the macroeconomic situation. The change of demand in the retail market is closely related to the cyclical fluctuation of the macro-economy. The trend of the macro economy will directly lead to the change of the consumption demand of the society, and then will have an impact on the retail industry.

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< p > 2, the department store industry has a high degree of sensitivity to national policies. The pmission mechanism of national policies is mainly directed at < a href= "//www.sjfzxm.com/news/index_q.asp" > policy < /a > driven to change the consumption choices of residents, encourage or inhibit certain consumption needs of residents, and directly or indirectly affect the performance of Companies in the industry.

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< p > 3, in addition to dealing with the competition between the traditional physical stores and the industry, department stores also face the rise of new business formats such as commercial real estate, e-commerce, online shopping and the impact of many competitions, and the pressure of competition in department stores has increased dramatically.

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< p > 4, the risk of new business training period, cost and manpower cost bring greater pressure to short-term profit level.

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< p > 5, cost increase risk: in the long run, labor costs and other operating costs of hydropower and other operating costs are inevitable trend, and the continuous decline of gross profit margins also cause the industry profits continued to narrow, which will bring greater pressure to the company's business.

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< p > countermeasures: take market demand as the guide, change business philosophy, seek new business models, innovate business forms, and tap new growth points.

Through "strengthening brand investment, promoting brand development, strengthening operation management, changing marketing mode, improving marketing efficiency, expanding marketing channels, improving operational functions, regulating site management, straightening out salary mechanism, strictly controlling costs, strengthening internal control, and developing e-commerce business in a timely manner," a series of measures should be taken to deal with risks arising from the operation process.

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