Wabei.com On January 29, Renrenle (002336) recently released the 2021 annual performance forecast, which is expected to turn from profit to loss. During the reporting period, the net profit attributable to shareholders of the listed company was a loss of RMB 830 million to RMB 880 million, which turned from profit to loss compared with the same period of the previous year; the basic earnings per share was a loss of RMB 2 per share to RMB 1.8864 per share.
The main reasons for the loss in the 2021 annual results are as follows:
Operating income was lower than expected. Affected by the impact of the community group purchase business launched by many online platform companies, the competition in offline physical stores has intensified, and the customer flow, sales and gross profit margin of the stores have continued to decline; due to the need for epidemic prevention and control, some regional stores were temporarily closed, which affected sales. more serious.
Store closures increase losses. According to changes in the market situation, the company closed some stores with continuous decline in sales and no hope of turning losses, increasing one-time losses.
Policy affects losses. The company will implement the new lease accounting standards from January 2021, increasing the current loss.
According to the data of Wabei.com, Renrenle’s main business is commodity retail chain operation, which mainly conducts business operations through directly-operated chain stores, and physical stores are mainly leased.