Press "Enter" to skip to content

After the merger and acquisition of Wangwang, it became the main business on Saturday. Net profit surged 15 times a year last year

After the merger and acquisition of Wangwang, it became the main business on Saturday. Net profit surged 15 times a year last year
On the evening of April 22, the annual report for 2019 was released on Saturday (002291).Echoing the Air Force ‘s performance forecast, the final operating income increased by 20 on Saturday.$ 9.2 billion, an annual increase of 36.57%; attributable net profit achieved 1.500,000 yuan, an increase of 1581 every year.96%; deduction of non-net profit realized 1.48ppm, an annual increase of 1874.37%.Regarding the growth of net profit, it was stated on Saturday that companies that are primarily mergers and acquisitions are looking to the Internet to increase its performance.Sauna and Yeewang noticed that in the 2019 annual report, Saturday has made mobile Internet business as one of the main businesses other than fashion women’s shoes, and in the 2018 annual report, Saturday still said that the main business is only fashion women’s shoes.The fixed increase plan that was thrown out earlier on Saturday, plans to raise nearly 3 billion yuan for the construction of social networks and digital new marketing channels, which has also aroused the attention of the Shenzhen Stock Exchange.Net profit soared by more than 1500%, and mobile internet became the main business. In October last year, the net profit growth rate was predicted on Saturday night. It is expected that the attributable net profit will increase by 1579 in 2019.05% to 2138.74%, temporarily won the throne of long-term performance “pre-increased king”.As soon as the news came out, the beginning of Saturday began to be high, plus the net red economic concept of “lifting the sedan”, Saturday at the beginning of the year, harvested 16 rising stops, and staged thrilling sky floors twice in the past six months.On Saturday, which is undergoing a store closure wave, it turned into a pre-increase in performance in 2019, due to the merger of Hangzhou Yaowang Network Technology Co., Ltd. (hereinafter referred to as “Yaowang Network”) acquired by the company into the scope of consolidated statements.The main business is the Internet advertising business and agency business.Said on Saturday that the mobile Internet business is mainly carried out through the Yuanwang network company acquired in 2019 and the fashion new media company Fashion Fengxun, which was acquired in 2017, and Beijing Shixin.Last year, the Internet advertising industry achieved revenue8.5.4 billion, an annual increase of 405.97%, accounting for 40% of total revenue.83%, and in 2018 the sector only achieved revenue1.6.9 billion yuan, accounting for 11% of total revenue.02%.Last year, the operating cost of the Internet advertising sector was 5.1.3 billion, an increase of 608 per year.17%, gross margin is 39.96%, down by 17 every year.14%.In 2019, sales expenses on Saturdays fell by 18 each year.21% to 4.7 trillion, research and development costs have surged 87 years.73% to 5275.210,000 yuan.During the acquisition of Yuanwang Network, the company made a performance commitment. In 2018, 2019, and 2020, the deducted non-net profit was 1, respectively.600 million, 2.100 million and 2.600 million yuan.The data shows that Yuanwang Network deducted non-net profit in 20192.1.6 billion yuan, exceeding the promised number of 637.RMB 0.70 million with a completion rate of 103.03%.Last year, Yaowang deducted non-net profit of 1.6.8 billion yuan, exceeding the promised number of 836.950,000 yuan, with a completion rate of 105.twenty three%.Industry insiders told Sauna and Yewang that through M & A Yuanwang Network, Saturday will better integrate various high-quality and medium-long tail traffic resources, which can provide advertisers with more diversified Internet marketing services and help further improve the Internet marketing industryThe chain layout may help the company obtain new traffic dividends.At present, Yuanwang has completed the first two years of gambling beyond expectations, and Saturday also ushered in a substantial increase in profits.However, due to the merger and acquisition of Yuanwang Technology, the goodwill on Saturday increased by 19.% compared with the same period last year.83% to 16.7 billion yuan.Revenue of the women’s shoes sector has declined, and physical stores have continued to close. As the only main business on Saturday, the fashion footwear sector appears a bit lonely.Saturday currently owns its own brands such as “ST & SAT” (Saturday), “D: FUSE”, “SAFIYA”, “SATURDAY MODE”, “FONDBERYL”.Last year, the apparel and shoe fulfillment sector achieved operating income of 12.3.5 billion yuan, a year-on-year decline of 9.00%, accounting for 59.05%.Among them, the revenue of all major brands has declined, and women’s shoes brand “Saturday” achieved revenue 6.6.8 billion yuan, down 1.50%.The gross profit margin is 53.72%, a year-on-year decline of 0.25%.Last year, all of its brands opened 418 stores and closed 565 stores on Saturday, compared with a net closure of 147 stores in 2018. The number of stores at the end of December 2019 was 1231.In September 2019, in response to questions from investors about how the women ‘s shoes business intends to achieve breakthroughs and growth on the current downturn, Saturday ‘s Dong Mi said that he will adjust the store structure, reduce the proportion of self-operated stores, and gradually move towards asset-light.As of the end of 2019, the inventory on Saturday was 12.1.1 billion yuan, a year-on-year decrease of 22.99%, accounting for 22.% of total assets88%.From 2015 to 2018, the ratio of Saturday inventory to total assets was 48.71%, 50.61%, 43.32%, 45.73%.Choice data shows that from 2014 to 2018, Saturday inventory turnover days were 533.79 days, 664.62 days, 803.07 days, 820.48 days, 715.82 days, 433.84 days.The earliest is that, in December 2019, Saturday, 100% of the wholly-owned subsidiary Foshan Saturday Technology R & D Co., Ltd. was transferred to Foshan Shiying Shoes Material Co., Ltd. for a transfer price of 13.85 million yuan.After the transfer, production capacity is no longer reserved on Saturday.Some people said that the final replacement of shoe production capacity on Saturday, this year due to the epidemic caused by the loss of offline sales, the shoe industry may be replaced more quickly, thus becoming a shell company of net red economic concept.On the same day, the first quarter report of 2020 was also released on Saturday. The data shows that the company achieved operating income in the first quarter of this year3.3.6 billion US dollars, an average of 21 a year.35%; attributable to net purity 4921.150,000 yuan, at least 330 a year.15%; deduct non-net toxicity 4921.140,000 yuan, at least 330 a year.38%; net cash flow from operating activities is -4701.400,000 yuan, at least 165 a year.10%, the basic profit return is -0.0666 yuan.In the performance forecast of developing countries on Saturday, the trend of performance change is that around the Spring Festival of 2020, the resumption time of companies and important subsidiaries affected by the epidemic changes gradually;During the first half of the year, most stores were closed for offline operations, and after the store opened in March, physical stores were replaced and replaced due to a significant decrease in offline traffic.During the epidemic, due to the delay in the resumption of work of some suppliers and the restriction of transportation and logistics, the early stage also had a certain impact on the normal development of the company’s Internet marketing business and online sales business.It was also disclosed on Saturday that since February, the company’s joint holding subsidiary Yuanwang Network has jointly built an online distribution platform based on salespersons. It has already achieved initial results. With the replacement of logistics that has not yet been fully restored, the new business has achieved GMV of more than 10 million in the first monthResults.However, overall, due to rigid expenses in management expenses, sales expenses, and financial expenses, the company’s operating scale appeared in the first quarter.It is worth mentioning that on April 25, two days later, there will be 1 on Saturday.3.7 billion shares were lifted and listed.As of press release on April 23rd, it fell by 4 on Saturday.71%, reported 20.64 yuan / share.Sauna, Ye Wang Zhang Zeyan editor Chen Li proofreading Chen Diyan reporter email: zhangzeyan @ xjbnews.com