25 Nov 2024 市值上限(百万美元) 平均 3 个月 t / o(百万美元) 52w 高 / 低(美元) 已发行股份总数(百万) 来源 ： FactSet 143.3 0.7 4.22/1.97 60.2 股权结构 Schroders TIAA 来源 ： 港交所 5.6% 4.5% 份额业绩 绝对 相对 1-mth 3-mth 6-mth -33.7% -35.1% 6.7% -0.9% -17.9% -27.3% 来源 ： FactSet CMB 国际全球市场 | 股票研究 | 公司更新 宝尊 (BZUN 美国) 第三季度业绩好于预期推动全年前景增强 宝尊发布了2024年第三季度（3Q24）积极的财报：总收入为人民币21亿元， 比彭博社的一致预期高出9%；非GAAP归属普通股东的净亏损为人民币6700万 元，较2023年第三季度的亏损人民币7600万元有所收窄，并优于彭博社预期的 人民币8000万元亏损。宝尊电商（BEC）实现了14%的收入增长，较2024年第 二季度的6%有所改善，这得益于引入了高质量的新分销业务以及新兴电子商务 渠道带来的服务收入的增长。宝尊品牌管理（BBM）实现了10%的同比增 ...

25 Nov 2024 CMB International Global Markets | Equity Research | Company Update Baozun (BZUN US) | --- | --- | --- | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Baozun Inc. (NASDAQ:BZUN) Q3 2024 Earnings Call Transcript November 21, 2024 6:30 AM ET Company Participants Wendy Sun - Senior Director of Corporate Development and IR Vincent Qiu - Chairman and CEO Catherine Zhu - CFO Arthur Yu - President, Baozun E-Commerce Ken Huang - CFO, Baozun Brand Management Conference Call Participants Alicia Yap - Citigroup Frank Tao - CMBI Thomas Chong - Jefferies Jack Hou - Huatai Securities Operator Good morning, ladies and gentlemen, and thank you for standing by for Baozun's ...

D > 3Q 2024 Earnings Presentation November 21, 2024 BAO ZUN yof 0 177 Disclaimer This presentation does not constitute an offer to sell or issue or solicitation of an offer to buy or acquire securities of Baozun Inc. (the "Company") in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. This presentation does not contain all relevant information relating to the Company or ...

Exhibit 99.1 FF305 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) | --- | --- | |-----------------|-------------------------------------------------------------------------| | | | | Instrument: | Equity issuer | | Name of Issuer: | Baozun Inc. (A company controlled through weighted limited liability) | Status: New Submission voting rights and incorporated in the Cayman Islands with Date Submitted: 30 Septembe ...

Financial Performance - Baozun's Q2 2024 revenue increased by +3.1% YoY to RMB 2,391.0 million, marking the fifth consecutive quarter of YoY revenue growth [3] - The company's operating loss improved from -RMB 36.4 million in Q2 2023 and -RMB 54.8 million in Q1 2024 to -RMB 18.8 million in Q2 2024 [3] - Baozun achieved a +2.5% top line beat for Q2 2024, with the operating loss being -27.8% narrower than the consensus estimate of -RMB 26.0 million [3] - Service revenue grew by +9.4% to RMB 1,520.7 million, offsetting a -6.4% decline in product sales revenue to RMB 870.3 million in Q2 2024 [3] Revenue Growth Prospects - Baozun's BEC product sales revenue contraction narrowed from -39.6% YoY in Q1 2024 to -4.5% YoY in Q2 2024, indicating a potential turnaround [3] - The company expects BEC and BBM product sales to return to growth in 2H 2024 [3] - Sell-side analysts anticipate a +5% revenue growth in RMB terms for FY 2024, consistent with FY 2023 performance [4] Operating Profitability - Baozun's BBM segment operating loss narrowed by -RMB 10.1 million YoY to -RMB 50.0 million in Q2 2024 [3] - The company has implemented cost optimization initiatives and is fine-tuning the unit economics of new stores to improve future profitability [4] - Analysts expect Baozun's operating loss to improve from -RMB 206 million in FY 2023 to -RMB 122 million in FY 2024 [4] Share Buyback Program - Baozun has a $20 million one-year share buyback plan in place, expiring in late-January 2025 [5] - Between January 24, 2024, and August 28, 2024, the company allocated $4.9 million to share repurchases, averaging $0.7 million per month [6] - The potential buyback yield is 5.6% in the base case scenario, with a best-case scenario yield of 14.7% if the full $20 million is utilized by end-2024 [6] Valuation Metrics - Baozun is trading at a forward one-year normalized P/E multiple of 6.3 times, which is considered attractive [1][4] - The company's potential buyback yield of 5.6% further supports its valuation appeal [8]

Baozun (BZUN US) 2Q loss reduction trend better than expectation Baozun delivered better-than-feared 2Q24 results: total revenue was RMB2.4bn, up 3% YoY, driven by a 9% YoY increase in services revenue, and was 2% better than consensus; non-GAAP net loss attributable to ordinary shareholders of Baozun came in at RMB3.9mn, narrowed from RMB4.4mn in 2Q23, and was better than consensus of RMB16.6mn in loss. Baozun E-commerce's (BEC) top line growth has turned around to YoY positive growth after 10 consecutive ...

D > 2Q 2024 Earnings Presentation August 28, 2024 l 177 101 BAO ZUN yof 0 Disclaimer This presentation does not constitute an offer to sell or issue or solicitation of an offer to buy or acquire securities of Baozun Inc. (the "Company") in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. This presentation does not contain all relevant information relating to the Compan ...

Baozun Inc. (NASDAQ:BZUN) Q2 2024 Earnings Conference Call August 28, 2024 7:30 AM ET Company Participants Wendy Sun - Senior Director of Corporate Development and Investor Relations Vincent Qiu - Founder, Chairman and Chief Executive Officer Catherine Yanjie Zhu - Chief Financial Officer Arthur Yu - President of Baozun E-Commerce Conference Call Participants Thomas Chong - Jefferies Wang Zhao - CICC Alicia Yap - Citigroup Jack Hou - Huatai Securities Operator Good morning, ladies and gentlemen, and thank y ...

SHANGHAI, June 12, 2024 /PRNewswire/ -- Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) ("Baozun" or the "Company"), a leading brand e-commerce solution provider and digital commerce enabler in China, announced today that its annual general meeting of shareholders (the "AGM") was held in Hong Kong on Wednesday, June 12, 2024 at 2:00 p.m., Hong Kong time (or 2:00 a.m. on Wednesday, June 12, 2024, New York time), and all the proposed resolutions set out in the notice and circular of AGM were duly passed at the AGM. ...