Core Viewpoint - Renrenle, once a leading supermarket chain in China, has officially delisted from the Shenzhen Stock Exchange due to continuous losses over four years, culminating in a net asset deficit and a failure to reverse its declining fortunes [2][8]. Group 1: Company Background - Renrenle was established in 1996 and was a prominent retail enterprise in Shenzhen, competing directly with major players like Walmart and Carrefour [4]. - At its peak, Renrenle's market capitalization exceeded 10 billion yuan, and its revenue reached a high of 12.9 billion yuan in 2012 [7]. Group 2: Financial Performance - The company faced significant financial challenges, reporting a net asset of -387 million yuan in 2023 and -404 million yuan in 2024, leading to a series of delisting warnings [11][12]. - In 2024, Renrenle's revenue plummeted by 49.86% to 1.43 billion yuan, with a net loss of 17 million yuan, marking its fourth consecutive year of losses [12]. Group 3: Business Strategy and Challenges - Renrenle attempted to mitigate losses through asset sales and store closures, but these measures were insufficient to stabilize the business [10][12]. - The company has struggled with rising costs, intensified competition, and the impact of e-commerce, which forced it to slow down new store openings and focus on consolidating existing operations [11].
“一代超市王”人人乐正式退市摘牌:巅峰市值超百亿,曾与沃尔玛“硬碰硬”,如今连续亏损4年惨淡收场