The Days Of Retail Industry Are Really Bad, And The Net Profit Of 60% Enterprises Is Declining.

Through the third quarter of 2015, we still do not see the trend of retail enterprises going out of the cold winter.

As of November 17th, the reporter counted three quarterly reports of 76 retail listed companies, and found that 60% of the company's operating income and net profit attributable to shareholders of listed companies have declined to varying degrees, and there is no sign of improvement.

At present, in the 76 retail enterprises that have already disclosed three quarterly reports, the business income of 45 enterprises has decreased year by year, accounting for about 59.21%; the net profit of 49 enterprises belonging to the shareholders of listed companies has dropped, accounting for 64.47%, while the number of both operating and net profits has dropped to 33, accounting for 43.43%.

China Business Daily reporter statistics found that the majority of enterprises (30) operating income decreased by 10%, and Minsheng holdings, kunbai A, Tianjin industry,

The operating income declined by 62.71%, 19.95%, 17.54% and 17.42% respectively compared with the same period last year.

Among them, the operating income of Minsheng holdings, Kunming A and Guangzhou friendship declined sharply. In addition to the impact of new formats and new channel competition diversion, they were also subjected to some non operational factors, such as financial asset investment income, old store relocation and pformation.

Although the industry did not mention the decline in operating income in the three quarterly report, the business income in the semi annual report is still down 14.97% compared with the same period last year.

The enterprises with a drop of more than 100% have Nanning department stores, Xinhua capital, Nanjing new hundred, Minsheng holdings and Zhong Bai group, which have declined by 435.18%, 306.12%, 198.42%, 195.88% and 159.37% respectively compared with the same period last year.

In addition, the net profits of 12 companies, including friendship group, happy purchase, Ginza share, Tianjin industry, Xinhua Department store, Hualian Union supermarket, and big business share, all fell by more than 40%.

In the first three quarters of 2015, the total retail sales of consumer goods increased by 10.50% over the same period last year, and the growth rate dropped by 1.54% compared with the same period last year.

Meanwhile, according to the statistics of the China National Business Information Center, the number of key large retail enterprises in the first three quarters of 2015 increased by 0.4% compared with the same period last year, the growth rate was 0.5% higher than that of the same period last year, but it was lower than the first half of this year's cumulative growth rate of 0.2%.

Overall,

Faced with problems such as slow recovery in consumption and fierce competition in channels.

In the latest research report, BOC said that the main reason for the slowdown in the growth of the retail industry was: first, from a macro perspective, the slowdown in economic growth and the lack of consumer confidence led to a decline in the consumption power of the residents; second, the sharp decline in high-end consumption; third, the rise of business projects and the rise of online retail led to the continued escalation of market competition.

In the three quarterly report, Nanning department store, the most drastic drop in net profit, was mainly due to a decrease in operating income and a slight decrease in gross margin.

The decrease in operating income is mainly due to the impact of macroeconomic weakness, industry downturn and diversified consumer channel competition. And the operation of Nanning Metro enclosure construction leads to a decrease in passenger flow and the operation of Jinhu stores to retain only household electrical appliances. Overall sales are showing a downward trend.

And Xinhua's three quarter reported that the decline in profits was mainly due to the weakening of the macro-economy, the downturn of the industry boom and the closure of some serious loss shops.

In fact, the retail industry has failed to improve since the 4 quarter of 2011.

In the first three quarters of 2015, macroeconomic growth continued to slow down, making China's consumer market continue to slump.