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Overall market for Gome laugh laugh? - States United States, home appliance chain, information appl by sgbvdf asga
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Overall market for Gome laugh laugh? - States United States, home appliance chain, information appl by SGBVDF ASGA
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Article Posted: 12/10/2010 |
Article Views: 54 |
Articles Written: 2044 - MORE ARTICLES FROM THIS AUTHOR |
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Overall market for Gome laugh laugh? - States United States, home appliance chain, information appl |
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Business,Business News,Business Opportunities
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As the Hong Kong-listed companies States United States Electrical appliances, recently Investment Who generated much discussion. Gome has not been listed parent company, 35% of assets into the Hong Kong listed companies application has been Business Department approved the transaction amount up to 6.986 billion Hong Kong dollars. Huang Guangyu Thus become all the wealth of attention people, allegedly his personal net worth will rise nearly 20 billion yuan. However, the overall market did not eve Huang Guangyu of GOME Electrical Appliances shareholders as excited. Suning Electric in 2005 net profit up 93.5%, can only Gome profit up 2.7%. Moreover, such a small increase in turnover over the previous year or in the context of increased by 42% achieved. Read the report, Gome's worry is not difficult to find. 2005 Sell Area weighted average of about 692,000 square meters, compared with April 2004 to December weighted average of 366.7 thousand square meters has increased significantly. However, sales per square meter actually was landslide, from April 2004 to 12-month period fell to 35,300 yuan in 2005 to 25,900 yuan. GOME Electrical Appliances admitted into the 2005 large-scale secondary cities, subject to market size, population, wealth, spending power and take longer to enter the market and other factors, the new store revenue increases more slowly. Gome stores that sales are not satisfied on the city, Package Including Chongqing, Fuzhou, Jinan. The store sales rose city of Beijing, Tianjin, Wuhan, Shenzhen and Guangzhou. Gome should not have high margins, in 2005, also by 9.63% down to 9.2%. Indeed, this is Appliance Retail Even Locks Implementing high-speed expansion strategy cost. On the one hand, stores growing more and more involved in the city, leading to store property rent, utilities bills, the cost of human resources, management costs increase; on the other hand, unit sales of business areas not kept pace because of market factors . The inevitable result is to increase the turnover of good-looking but useless, net profit growth in the increasingly conspicuous weakness. If it is not large appliances Marketplace Usual "flight refueling" mode support, net surplus or deficit unpredictable. Annual report, Gome's other income from April 2004 to 12 months of 385.965 million yuan to the year 2005, 740.535 million yuan. Among them, Promotions Fees, slotting allowance, was added to our fee income from a supplier, from April 2004 to 12 months of 2005 increased to 145.277 million yuan 316.51 million yuan. But Gome's external counter public opinion from its "channel exploitation" of the criticism, saying "the real competitor is fellow manufacturers, not channels." Also with a set of data to prove his innocence: Gome about 13% of the consolidated gross profit margin , and similar foreign stores up to 18% to 25%. The face of poor profit performance, the shareholders may be unhappy Gome. So, if the overall market will Gome "Fenghuang Nie" mean? Gome of listed companies in the current shell, not including Shanghai, Henan, Zhejiang, Heilongjiang and other places in the store. These stores will join the next level GOME's total profits, but earnings per share contribution, will have to see profit growth can keep up with the pace of capital expansion. 6.987 billion dollar acquisition price of shares will be issued (newly issued shares) to offset costs related to property and cash payment of three parts. In which the issue price of consideration shares to 8.05 yuan per share, a total equivalent to 5.235 billion Hong Kong dollars. Gome overall total share capital after the listing of shares from 1.642 billion to 2.293 billion shares. According to Hong Kong media, Gome executive director, said the acquisition would help improve Finance Performance, regardless of profit or whether the market has grown significantly. GOME Electrical Appliances Company Financing Head of Development said that if the financial data in 2005 terms, earnings per share during the period at least 6%. Gome overall market generated much debate, the biggest suspicion is Huang Guangyu outside will further cash and choose the exit. To seek a listing in cash Capital Rapid accumulation is likely to take the strategy of private enterprises. But Gome's shareholders, to achieve, together with Huang Guangyu, "win-win", have to go through the next home appliance supermarkets more intense competition. In 2006, Gome's strategy remains "expansion" word, the plans to open 120 to 150 traditional stores and three supermarkets. Expansion and competition will drop in unit sales of business areas to reverse the trend, Huang Guangyu of GOME Electrical Appliances shareholder capital operation in making hearty laugh? Investors will wait and see. I am a professional writer from China Toys Suppliers, which contains a great deal of information about wheelchair cushions , folding chairs padded, welcome to visit!
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