CCEG(SH:600697)2025-04-16 12:35Financial Performance - The company's operating revenue for 2024 reached ¥7,010,644,321.13, a slight increase of 0.06% compared to ¥7,006,263,117.09 in 2023[24] - The net profit attributable to shareholders of the listed company was -¥27,816,817.17, representing a decrease of 248.48% from ¥18,733,937.10 in the previous year[24] - The net cash flow from operating activities decreased by 43.37% to ¥1,069,370,201.49 from ¥1,888,199,884.68 in 2023[24] - The total assets of the company decreased by 4.88% to ¥19,626,722,376.70 from ¥20,633,423,293.56 in 2023[24] - The net assets attributable to shareholders of the listed company decreased by 1.94% to ¥2,292,486,800.53 from ¥2,337,863,665.74 in 2023[24] - Basic earnings per share for 2024 were -¥0.1749, a decline of 248.47% compared to ¥0.1178 in 2023[25] - Diluted earnings per share also stood at -¥0.1749, reflecting the same percentage decrease as basic earnings per share[25] - The total profit for the year was 265.77 million RMB, a decrease of 7.54% year-on-year[35] - The company reported a net profit attributable to ordinary shareholders of -27,816,817.17 RMB for the most recent accounting year[161] Revenue and Sales - The company reported a total revenue of 701,064.43 million RMB for 2024, representing a year-on-year growth of 0.06%[35] - The company achieved a sales volume of 39.562 billion RMB, reflecting a year-on-year increase of 0.18%[35] - The supermarket segment achieved a sales increase of 29% year-on-year, with total sales reaching 1.158 billion yuan, driven by 120,400 appliance exchanges[39] - The company's main stores achieved a year-on-year retail sales growth of 4.88%, outperforming the national average by 1.38 percentage points[44] - The total operating income for the shopping center segment was approximately 3.375 billion yuan, with a gross profit margin of 38.40%[46] Cash Flow and Investments - The net cash flow from operating activities decreased by 43.37% to approximately CNY 1.07 billion, attributed to increased cash payments for goods and services[52] - The company reported a significant decrease in net cash flow from investment activities, down 15.76% to approximately CNY -417 million, mainly due to increased cash payments for fixed assets[53] - The company invested 437 million RMB in capital and 19.65 million RMB in equity investments during the year[36] Asset Management - The company plans to enhance its asset management by revitalizing underperforming assets and optimizing asset allocation to improve overall asset value[113] - The company has a total of 363,269,212.09 in restricted assets, including cash and fixed assets[71] - The total balance of guarantees to subsidiaries at the end of the reporting period is CNY 246,657 million[181] Corporate Governance - The board of directors held 8 meetings during the reporting period, approving 35 proposals, including the annual report and ensuring effective oversight of management[124] - The company has implemented measures to ensure the independence of its assets, personnel, and operations, with no significant changes in competitive conditions reported[132] - The company has undergone a board restructuring, with all current directors and supervisors being elected[142] Market Expansion and Strategy - The company is focusing on market expansion, planning to open 50 new stores across various regions in the next year[137] - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its footprint[76] - The company aims to enhance market share and improve gross margin through self-sourcing and self-operation strategies, focusing on reducing losses in fresh food storage and delivery[116] Employee Management - The company has a total of 8,549 employees, with 769 in the parent company and 7,780 in major subsidiaries[152] - Training programs are organized to enhance employee skills and professional qualities, focusing on a "train before job" approach and integrating online and offline training methods[155] Sustainability and Social Responsibility - The company has not established any environmental protection mechanisms and reported zero investment in environmental protection during the reporting period[166] - The company is committed to sustainability, with plans to reduce carbon emissions by 25% by 2025 through various initiatives[137] Shareholder Information - The total number of common shareholders increased from 15,027 to 17,896 during the reporting period, representing a growth of approximately 19.1%[188] - The largest shareholder, Changchun Automotive City Commercial Co., Ltd., holds 39,045,996 shares, accounting for 24.54% of total shares, with 17,500,000 shares pledged[190] - The company distributed cash dividends of 1.10 yuan per share, totaling approximately 17.5 million yuan, which represents 93.41% of the net profit attributable to shareholders[131]