Core Viewpoint - 1919 has shown consistent profitability over the past three years despite industry challenges, with strategic decisions leading to significant changes in its business model and financial health [1][2]. Financial Performance - In 2023, 1919 reported a net profit of 51.35 million yuan, with projections of 48.12 million yuan for 2024, and continued profitability expected in 2025, although the financial statements for that year have not yet been audited [1]. - The overall transaction scale of 1919 increased from 11.579 billion yuan in 2023 to a projected 12.089 billion yuan in 2024, with a target to exceed 14 billion yuan in 2025 [1]. Strategic Decisions - The company made a decisive move in early 2023 to relinquish most of its premium liquor distribution rights, initiating a three-year inventory reduction strategy that helped avoid losses from declining liquor prices and significantly reduced financial costs associated with liquor procurement [1]. - 1919 has transitioned from a heavy asset model to a franchise model, increasing the number of stores from 1,500 to 3,000, while reducing its debt ratio from 92% three years ago to below 20% currently [2].
1919已连续三年盈利 预计2025年突破140亿元交易规模
Zheng Quan Ri Bao Wang·2025-12-26 06:09