净亏2.4亿元！知名超市半年关了227家店

Core Viewpoint - Yonghui Supermarket reported a significant decline in revenue and incurred a net loss in the first half of 2025, attributed to strategic transformations and store closures. Financial Performance - Revenue for the first half of 2025 was CNY 29.948 billion, a decrease of 20.73% compared to CNY 37.779 billion in the same period last year [1][2] - The net loss attributable to shareholders was CNY 2.41 billion, down from a net profit of CNY 2.75 billion in the previous year, representing a decrease of CNY 5.16 billion [1][2] - The total profit for the period was reported as a loss of CNY 207 million, compared to a profit of CNY 324 million in the previous year [2] - The net cash flow from operating activities was CNY 1.208 billion, down 58.92% from CNY 2.940 billion [2] Asset and Equity Position - As of the end of the reporting period, the net assets attributable to shareholders were CNY 4.170 billion, a decrease of 6.07% from CNY 4.440 billion at the end of the previous year [2] - Total assets were reported at CNY 33.963 billion, down 20.55% from CNY 42.749 billion [2] Reasons for Financial Decline - The decline in overall sales scale was identified as a primary reason for the losses [3] - The company underwent a reform of its supply chain, resulting in a significant upgrade and replacement of suppliers and products, which led to a temporary decrease in gross profit margin to 20.80%, down 0.78 percentage points year-on-year [3] - The closure of 227 unprofitable stores incurred costs related to leasing, personnel compensation, inventory clearance, and asset write-offs [3] - The fair value change of Advantage Solutions stock resulted in a loss of CNY 184 million [4] Strategic Initiatives - The revenue decline was linked to a deep transformation strategy initiated in the second half of 2024, which included closing loss-making stores and temporary suspensions for store renovations [4] - Yonghui Supermarket announced a plan to open one renovated store daily, aiming to complete renovations for 200 stores by September 30, 2025, and all stores by 2026 [4] - As of June 30, 2025, the company had 552 operational stores and 79 signed but unopened stores, with 124 renovated stores completed [4] Market Position - According to the China Chain Store & Franchise Association, Yonghui Supermarket ranked fourth in sales among supermarkets in China last year, following Walmart, RT-Mart, and Hema [5]