Yonghui Supermarket has continuously cleared the goods, and the return of funds exceeds 5.3 billion, whether it can get out of the predicament is a concern!
Dilemmas and challenges.
As a well-known giant in the supermarket industry, Yonghui Supermarket has been facing various problems in recent years. Through the frequent return of assets** and funds, it can be seen that the operating conditions of Yonghui Supermarket are not ideal. According to the financial report, Yonghui Supermarket lost 39 in 2021 and 20224.4 billion and 27$6.3 billion. Although a small net profit was achieved in the first three quarters of this year, the non-net profit was still a loss of 37.5 billion. It can be seen that Yonghui Supermarket's business activities are still not on the right track.
Yonghui Supermarket's predicament is not accidental, but the result of industry changes and the impact of new models. In 2021, with the emergence of new business formats such as community** and warehouse stores, the traditional department store industry was hit hard, and Yonghui Supermarket was not spared. The huge loss in 2021 was a turning point compared to the previous profitability and marked the beginning of the decline of Yonghui Supermarket. Even this year, although there has been an improvement, it cannot hide the fact that the performance is not good. Taking the third quarter of this year as an example, Yonghui Supermarket's attributable net profit was -32.1 billion yuan, deducting non-net profit of -47.4 billion yuan, the single-quarter performance is still poor.
In addition, Yonghui Supermarket has also suffered setbacks in the capital market. The sluggish share price reflects investors' pessimism about Yonghui Supermarket. The market capitalization has dropped significantly, and the stock price has evaporated by more than 70%. Under such circumstances, it is difficult to imagine how Yonghui Supermarket can reverse its decline in the short term. In particular, in terms of the number of stores, Yonghui Supermarket has shrunk by a startling amount in the past three years, from 1,017 to 997, which partly reflects the company's contraction.
Highlights and efforts.
Although the current situation of Yonghui Supermarket may seem bleak, looking back on the past, it is not difficult to find its glorious moments. As a leading fresh food supermarket in China, Yonghui Supermarket's rapid development benefits from its pioneering spirit. Since its establishment in 2001, Yonghui Supermarket has stood out in the supermarket industry with its own efforts and innovation, and was successfully listed on the A** market in 2010. After going public, Yonghui Supermarket's performance has grown significantly, with both revenue and net profit increasing several times compared to 2010. During this period, Yonghui Supermarket achieved 11 years of steady development.
It is worth mentioning that Yonghui Supermarket has never stopped trying to change. In recent years, Yonghui Supermarket has been exploring new models, such as member warehouse stores. However, for a variety of reasons, these attempts have not been satisfactory. According to ** report, Yonghui Supermarket is exploring"Warehouse store"model, it soon suffered the closure of the first warehouse store. Although there has been no progress in the store's financial report since then, it shows that Yonghui Supermarket continues to work hard to adjust its strategy.
Empathy. In the face of difficulties, Yonghui Supermarket must adopt a more proactive response strategy. First of all, Yonghui Supermarket should accelerate transformation and innovation on the basis of maintaining its core business. Through the integration of online and offline resources, we provide personalized services and diversified products to meet the needs of different consumers. In addition, it is necessary to develop more new formats and new businesses, such as communities, e-commerce platforms, etc., to adapt to changes in the industry and market needs.
Secondly, Yonghui Supermarket needs to strengthen its brand image and user experience to improve its brand competitiveness. By launching high-quality products and services, it has established a good reputation and brand recognition among users. In addition, it is necessary to strengthen cooperation with first-class businessmen and partners to achieve resource sharing, mutual benefit, and create a more competitive first-class chain system.
Yonghui Supermarket can also improve business management and operational efficiency by strengthening digital transformation. Using big data, artificial intelligence and other technical means, we can optimize the first chain management, inventory control, marketing and other links, and improve efficiency and business performance.
Most importantly, Yonghui Supermarket needs to actively seek partners and capital support to improve the competitiveness and sustainable development of the enterprise. Through cooperation with other enterprises and investment institutions, we will jointly realize resource integration, complement each other's advantages, and realize business expansion, transformation and upgrading.
In short, in order to get out of the predicament, Yonghui Supermarket also needs to increase its efforts in strategic adjustment and innovation. Only by optimizing the business model, enhancing the brand image, strengthening the digital transformation, and actively seeking strategic partners and capital support can we regain the growth momentum and achieve healthy and long-term development.