600729 Chongqing Department Store
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Chongqing Department Store News
Chongqing Department Store (600729): The impact of the high base number of Ma Xiao is eliminated, driving the growth of the electrical appliance format with old-for-new replacements.
The company released its Q3 24 quarterly report, with performance meeting expectations. According to the company's announcement, 1) the company achieved revenue of 13.004 billion yuan in Q1-Q3 24, a 12% year-on-year decrease, mainly due to the continuous high temperatures and phase-limited power measures in chongqing region.
Chongqing department store (600729): High growth in investment income, main business performance under pressure.
The company released its 2024 third quarter report, achieving revenue of 4.02 billion yuan, a decrease of 13.0% compared to the same period last year. Net income attributable to the parent company was 0.21 billion yuan, a decrease of 12.4%, and non-GAAP net income attributable to the parent company was 0.2 billion yuan, a decrease of 9.1%.
Chongqing Department Store (600729): Continuously consolidating its main business with bright performance in fresh discount stores.
Executive Summary: In Q3, affected by external factors and high temperatures, operations fluctuated, but Ma Xiao improved; bullish on continued optimization of stores, fresh discount store renovations expected to drive a new round of growth. Investment Highlights: Maintain shareholding. Revenue for the first three quarters reached 13 billion.
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Chongqing Department Store (600729): Q3 net income attributable to mother decreased by 12% year-on-year, waiting for Q4 subsidy policies to promote improvement.
Event: The company released the third quarter report for 2024. In 2024 Q1-3, the company achieved revenue of 13 billion yuan, (adjusted) -12.0% year-on-year; net income attributable to mother 0.92 billion yuan, -19.2% year-on-year; non-net income 9.
chongqing department store (600729): Performance under pressure due to reduced automobile trade accelerated adjustment to stabilize performance.
Event: chongqing department store released the third quarter report of 2024, the company achieved revenue of 13.004 billion yuan, -12.00%, net income attributable to mother 0.923 billion yuan, -19.24%, non-net income attributable to mother 0.901 billion.
Chongqing department store (600729): Performance continues to be under pressure, fourth-quarter promotions are expected to pick up.
Performance summary: 24Q1-3 revenue of 13 billion yuan, YoY -12.0%, net income attributable to parent company of 0.92 billion yuan, YoY -19.2%, non-net income attributable to parent company of 0.9 billion yuan, YoY -12.1%, operating
Chongqing Department Store: Chongqing Department Store Co., Ltd. Third Quarter Report 2024
Chongqing Department Store Co., Ltd. Report for the Third Quarter of 2024
Chongqing Department Store Co., Ltd. operating data announcement for the 1st to 3rd quarter of 2024
Express News | chongqing department store: net income in the third quarter decreased by 12.43% year-on-year.
Chongqing department store (600729.SH): net income of 0.923 billion yuan in the first three quarters, a year-on-year decrease of 19.24%.
October 30th, Chongqing Department Store (600729.SH) announced that in the first three quarters of 2024, the total operating income was 13.004 billion yuan, a year-on-year decrease of 12%; the net income attributable to the parent company's shareholders was 0.923 billion yuan, a year-on-year decrease of 19.24%; the basic earnings per share was 2.11 yuan.
Chongqing Department Store (600729): The performance is affected by the pressure of the automobile trade format, and the sales of electrical appliance stores continue to improve due to the old-for-new policy.
Event: chongqing department store releases 24Q3 financial report. ① 2024Q1-3: revenue 13.004 billion yuan, -12.0% year on year; net income attributable to parent company 0.923 billion yuan, -19.24% year on year. ② 2024Q3
CICC: The differentiation in the retail sector continues to intensify, and the prosperity of trendy play further increases.
The performance differentiation between retail sectors continued to intensify in the first half of the year, with the trendy consumer sector benefiting from the self-enjoyment consumer demand and brand globalization drive. The Q2 economic sentiment further improved, and leading companies achieved better-than-expected growth both domestically and overseas.
Chongqing Department Store (600729): Profits in the first half of 24 have short-term pressure, and performance growth is expected to be achieved through store adjustments.
Event: chongqing department store released the 24H1 financial report. ① 24H1: revenue of 8.98 billion yuan, -11.6% year-on-year; net income attributable to the parent company of 0.71 billion yuan, -21.1% year-on-year; excluding non-recurring gains and immediate consumption investment.
Chongqing department store (600729): Short-term fluctuations expect improvement.
Report Summary: The company's Q2 net profit decline has expanded, but it is actively promoting cost reduction and efficiency improvement, focusing on commodity strength, and expanding the layout of fresh discount stores, bullish on performance stabilization and recovery. Investment Highlights: Maintain shareholding. H1 revenue 8.98 billion yuan/-11.6.
Chongqing Department Store (600729): The impact of Ma Xiao and Deng Kang's high base number disrupts profits, and increasing promotional efforts drive the main business.
Investment Highlights: The company has released its 2024 Interim Report, and the performance is in line with expectations. According to the company's announcement, the company achieved revenue of 8.98 billion yuan in the first half of 24H1, a year-on-year decrease of 12%, mainly due to a decrease in customer traffic in the department stores and proactive control of automotive trading business.
Chongqing Department Store (600729): The non-deductible net income decreased by 13% year-on-year, which is in line with the performance report. The performance was affected by the pressure on the automobile and trade.
Investment highlights: The company released its 2024 semi-annual report. In H1 2024, the company achieved a revenue of 8.98 billion yuan, a YoY decrease of 11.6% on an adjusted basis; net income attributable to shareholders was 0.712 billion yuan, a YoY decrease of 21.1%, excluding non-recurring items.
Full text of the 2024 semi-annual report of Chongqing Department Store Co., Ltd.
Summary of the 2024 semi-annual report of Chongqing Department Store Co., Ltd.
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