Attention: Meibang Releases Its 2021 Annual Report
Recently, American bond released its 2021 annual report. During the reporting period, the operating revenue was 2.639 billion yuan, a decrease of 30.91% over the same period of last year; Compared with the same period of last year, the company's net loss of 468 million yuan was narrowed significantly compared with that of the same period of last year.
According to the quarterly data disclosed in the financial report, from the first quarter to the fourth quarter of 2021, Meibang achieved operating revenue of 797 million yuan, 579 million yuan, 556 million yuan and 706 million yuan respectively; In the first quarter, the net profit was 121 million yuan, but in the second, third and fourth quarters, the net profit loss reached 160 million yuan, 95 million yuan and 350 million yuan respectively, so the annual profit showed a loss state.
For the first year, the company insists on the overall goal of improving its financial status in 2021. We have adjusted the direct marketing channels in depth, actively deepened the development of the first and second tier markets, and further strengthened the development of the third and fifth tier markets. At the same time, optimize the organizational structure and resource allocation, and put the limited resources into the business with maximum value.
In the aspect of inventory, we also strengthened the processing to reduce the inventory occupation. By the end of 2021, the book value of Meibang clothing inventory was 1.121 billion yuan, down 29.10% from the end of the previous year, and the inventory structure was good.
In 2022, Shanghai based Meibang clothing was negatively affected by the epidemic, and the retail performance was not optimistic. According to the first quarter report of 2022 disclosed by Meibang, in the first three months, the operating income of Meibang was 470 million yuan, a decrease of 41.1% over the same period of last year, while the net profit loss attributable to shareholders of listed companies was about 155 million yuan, with a year-on-year decrease of 227.79%.
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