苏宁易购拟4元出售4家已停业家乐福 聚焦家电3C加速化债首季负债率90.38%

Core Viewpoint - Suning.com is focusing on its core home appliance and 3C business while actively reducing its debt burden through asset sales and restructuring efforts [2][3][6]. Group 1: Asset Sale and Debt Reduction - On June 20, Suning.com announced the sale of 100% equity in four Carrefour subsidiaries for a total consideration of 4 RMB, as these subsidiaries have ceased operations and carry significant debt [4][6]. - The sale is expected to alleviate the company's debt burden and improve operational performance, with an estimated increase in net profit of approximately 572 million RMB post-transaction [7]. - The total assets and liabilities of the sold subsidiaries are as follows: Ningbo Carrefour has assets of 15.6251 million RMB and liabilities of 16.2 million RMB; Hangzhou Carrefour has assets of 5.0709 million RMB and liabilities of 43.8 million RMB; Zhuzhou Carrefour has assets of 14.2871 million RMB and liabilities of 10.7 million RMB; Shenyang Carrefour has assets of 363 million RMB and liabilities of 1.061 billion RMB [6]. Group 2: Financial Performance - As of Q1 2025, Suning.com reported a debt ratio of 90.38%, showing a gradual decline from previous periods [3][11]. - The company has experienced significant revenue declines from 2020 to 2023, with revenues of 252.296 billion RMB in 2020, dropping to 62.627 billion RMB in 2023, and a cumulative loss of 67.85 billion RMB over four years [8]. - In 2024, Suning.com achieved a revenue of 56.791 billion RMB, a decrease of 9.32% year-on-year, but net profit increased by 114.93% to 611 million RMB [9]. - For Q1 2025, the company reported a revenue of 12.894 billion RMB, a year-on-year increase of 2.50%, and a net profit of 17.96 million RMB, up 118.54% [10]. Group 3: Strategic Focus - Suning.com is committed to streamlining its non-core business units and focusing on its core home appliance and 3C sectors to further reduce debt levels [7][11]. - The company has also engaged in debt restructuring agreements, resulting in a debt reduction of 5.02 billion RMB, leaving a remaining payable amount of 5 million RMB [11].