CBEST(SH:600729) Ge Long Hui·2026-01-14 08:57Core Viewpoint - Chongqing Department Store (600729.SH) reported a total operating revenue of 14.712 billion yuan for the fiscal year 2025, reflecting a year-on-year decline of 14.16% and a net profit attributable to shareholders of 1.021 billion yuan, down 22.36% year-on-year [1] Group 1: Financial Performance - The company's total operating revenue for 2025 was 14.712 billion yuan, a decrease of 14.16% compared to the previous year [1] - The net profit attributable to shareholders was 1.021 billion yuan, representing a year-on-year decline of 22.36% [1] - The net profit excluding non-recurring gains and losses was 0.979 billion yuan, down 20.25% year-on-year [1] - Basic earnings per share were reported at 2.32 yuan [1] Group 2: Industry Challenges and Company Strategy - The retail industry is facing challenges and opportunities due to the transition between old and new growth drivers, impacting the company's operations [1] - The company is accelerating its transformation towards new energy in the automotive sector by reducing its focus on fuel vehicles, which has affected its performance [1] - Investment income decreased by 15.20% year-on-year due to multiple external environmental factors affecting the company's major investments [1] Group 3: Future Focus - In 2026, the company will focus on five core areas: "products, adjustments, efficiency, growth, and profitability" [1] - The strategy includes enhancing product capabilities, creating new scenarios, expanding omnichannel operations, promoting digital intelligence, and stimulating internal vitality [1] - The goal is to accelerate the transition to new quality retail and achieve sustainable and healthy development for the company [1]