永辉超市2025年预亏21.4亿元 全年关闭381家门店

Core Viewpoint - Yonghui Supermarket Co., Ltd. announced a projected net loss of 2.14 billion yuan for the year 2025, primarily due to significant strategic adjustments in its operations, shifting from "scale expansion" to "quality growth" [1] Group 1: Financial Performance - The net profit attributable to shareholders is expected to be -2.14 billion yuan, with a net profit of -2.94 billion yuan after deducting non-recurring gains and losses [1] - The company anticipates a total loss of approximately 9.1 billion yuan from asset write-offs and one-time startup costs related to store adjustments [1] - An estimated gross profit loss of around 300 million yuan is expected due to store closures for renovations [1] Group 2: Strategic Adjustments - Yonghui Supermarket has redefined its strategic development with the "New Yonghui, New Quality" initiative, leading to the deep adjustment of 315 stores and the closure of 381 stores that do not align with the new strategic direction [1] - The closures and adjustments have resulted in significant losses, including asset write-off losses, employee severance compensation, and lease-related penalties [1] Group 3: Supply Chain and Investment Strategy - The company is reforming its supply chain with a focus on "sunshine transparency, quality-driven, and efficiency improvement," addressing traditional supply chain pain points [2] - Short-term challenges include stock shortages and declining gross margins, which have impacted revenue, but these effects are expected to diminish as supply chain reforms progress [2] - Yonghui Supermarket recognized a fair value loss of 236 million yuan on its overseas equity investment in Advantage Solutions due to a continuous decline in stock price [2] - The company plans to recognize a long-term asset impairment of approximately 162 million yuan related to underperforming store assets, pending final audit results [2]