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    The 52 Increase In The Price Of Open Stock Is Net Profit.

    2014/5/13 9:03:00 23

    DressDepartment Store

    < p > < strong > net profit increased by only 1.06%, < /strong > /p >


    < p > May 9th, < a href= "http://www.91se91.com/" > "/a". The shares were held in room 1910, north ring center, 18 Yumin Road, Xicheng District, Beijing. The annual general meeting of shareholders was held in 2013. At the meeting, 9 motions, such as the 2013 annual report, the proposal to set up a subsidiary by using the super fund-raising investment, and the motion on adjusting the implementation plan of some recruitment and investment projects, were deliberated.

    < /p >


    The main business of P, which was listed in 2011, is brand name dress design, production and sales. In the women's clothing market, the company mainly focuses on high-end women's clothing market.

    < /p >


    In the past two years, the main business income of the group in 2013 has been 1 billion 379 million yuan, up 23.39% from the same period last year, and net profit has reached 234 million yuan, up 1.06% compared to the same period last year. < p >

    < /p >


    < p > for the 2013 results of Langer group, it was pointed out that the company's operating revenue growth slowed down in 2013, which stems from the slowdown in terminal retail growth.

    In addition, Dongguan securities Shi Hongmei said that the company's net profit in 2013 increased by 1.06% over the previous year, lower than expected.

    "In the fourth quarter of 2013, the company achieved operating income and net profit of 375 million yuan and 22 million yuan, respectively, representing an increase of 11.96% and -5.39% respectively."

    < /p >


    < p > < strong > < a > href= > http://www.91se91.com/ > > shop > /a > cost profit net profit < /strong > /p >


    < p > in fact, many people in the industry lamented that the net profit of Langer's shares increased by only 1.06% in 2013.

    < /p >


    < p > Shi Hongmei believes that the sharp increase in cost during the period of Langer's share dragged the company's profits.

    The annual report shows that in the first quarter of 2013 and the first quarter of 2014, the rate of company expenses increased by 5.65% and 11.15% respectively, and the sales expense rate increased by 5.62% and 8% respectively, mainly due to the increase in the cost of staff compensation and the upgrading of shop development, and the management fee rate did not change much.

    < /p >


    < p > why does the main business revenue increase substantially and net profit is slight? Chief financial officer of Langer group told reporters that the increase in investment in new shops resulted in higher labor costs and related costs.

    < /p >


    < p > "the increase in the cost rate has brought about a decline in net interest rates."

    According to the analysis of Changjiang Securities Lei Yu, in 2013, the company's net profit attributable to shareholders of listed companies increased by 1% over the same period last year.

    Net profit growth is far lower than operating revenue growth, mainly due to the increase in the company's marketing team members in 2013, resulting in a substantial increase in sales expenses, and sales expenses increased by 54% over the same period last year.

    < /p >


    "P > the net profit margin brought from 20.7% in 2012 to 16.95% in 2013."

    Lei Yuru said.

    < /p >


    < p > < strong > this year will be cautious to open shop < /strong > /p >


    < p > perhaps Langer shares also feel the impact of the big opening shop on net < a href= "http://www.91se91.com/" > profit < /a > growth rate, the company is ready to slow down the pace of opening stores.

    "The number of shops this year may not be higher than last year."

    Wang Jianyou told reporters that the company will be cautious in opening stores in 2014.

    As for the specific number of shops opened by Wang Jianyou this year, it is "unpredictable".

    < /p >


    < p > public data shows that in 2013, the stock of Langer group increased by 52 stores.

    Apart from brand names, shop owners are still dominated by the main brand.

    Among them, there were 44 net gains in the net, 19 in Rhine and 1 in Marian Mary and 17 respectively.

    < /p >


    < p > from sales revenue, in 2013, sales of Langer rose by 25.84% over the same period last year, accounting for 61.33% of the total sales revenue. Sales of Rhine and Marian Mary also maintained a relatively fast growth, which increased by 32.54% and 25.07% compared with that of the previous year, respectively, and the sales of outstanding sales increased by 4.31% over the same period last year.

    In addition, the exclusive Korean high-end women's clothing brand, the brand, also began to contribute to sales in 2013.

    < /p >


    < p > there are different conjectures about the number of shops opened in 2014.

    However, Shi Hongmei believes that in view of the depressed retail environment, it is expected that the company will remain cautious in 2014, focusing on the fine management of terminals and the improvement of the efficiency of existing stores.

    < /p >


    < p > Shi Hongmei said that this year the company is still in the management structure adjustment stage, the absolute cost of the period is difficult to decline, and the overall profit will be faced with greater pressure on the basis of overall sales decline. The annual profit depends on whether the revenue side of the second half can resume growth.

    < /p >


    < p > in fact, Langer shares the view that today's shop is paved the way for the future of the company, so the company has not ceased to open shop.

    However, in the face of the decline in the performance of the department stores, the group began to address the address.

    < /p >


    < p > "the company mainly stores in large shopping malls, the first target is the high-end high-end shopping malls, but this kind of shopping mall is not very good."

    Chang Jing said that the high-end high-end shopping malls are mostly occupied by foreign brands. The company will pay higher fees if they want to enter.

    < /p >

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