Home appliance manufacturers and channel suppliers Q1 gradually, Konka, Meiling, Suning are listed

Home appliance manufacturers and channel suppliers Q1 gradually, Konka, Meiling, Suning are listed
On the evening of April 14, listed companies reported frequently in the first quarterly report that the net profit of home appliance companies shifted or replaced.Konka Group Sustainable 2.200 million yuan -2.400 million US dollars, Changhong Meiling may 2.500 million yuan -2.With a net profit margin of US $ 900 million, Hisense Home Appliances and Gree Electric Appliances, Suning.com, which accounted for an important proportion of home appliance sales, fell by US $ 400 million to US $ 600 million.Konka Group released the 2019 performance report, showing a total operating income of 552.5.7 billion, an annual increase of 19.79%; net profit attributable to shareholders of listed companies.2 billion, down 46 each year.48%, it is basically because the company’s color TV business is affected by factors such as rising costs and intensified market competition. The gross profit margin has dropped significantly, and a certain degree of change has occurred.Fundamentally, Konka Group released a forecast for the first quarter of 2020, saying that the net profit attributable to shareholders of listed companies decreased.200 million yuan -2.400 million yuan, profit 8556 in the same period last year.670,000 yuan.Konka Group explained that the company was mainly affected by the new coronavirus pneumonia epidemic. The company experienced problems such as insufficient factory operating rates after the Spring Festival holiday, increased labor costs, blocked logistics supply and reduced market demand. The operating income dropped significantly, coupled with increased market competition, And fixed-cost spending is difficult to decline, a certain degree of destruction occurred in the first quarter.It is possible for black power companies, but not for white power companies.Changhong Meiling released the first quarter of 2020 performance forecast, which is a replacement of the net profit attributable to shareholders of listed companies.500 million yuan -2.900 million, down 513 every year.04% -579.13%.Changhong Meiling said that due to the impact of the new coronavirus pneumonia epidemic, the domestic white electricity industry has intensified significantly.Affected by factors such as the closure of offline stores and blocked installation and distribution of customers, the demand for sales orders in the first quarter continued to decline, resulting in an increase in revenue from main business products (refrigerator cabinets, air conditioners, washing machines, etc.) in the first quarter; at the same time, profits were partially fixed cost expensesThe impact of amortization, expenditure, and boots fell more.Affected by the epidemic, the home appliance industry was hit in the first quarter of this year.Aowei Cloud’s total data show that the overall retail sales of white power in the first quarter fell by about 45%.The scale of Q1 air-conditioning industry in 2020 is 149.2 trillion, down 58 a year.1%; the entire air-conditioning market industry is sluggish, with severe sales.Hisense Home Appliances, which specializes in white electricity, released a first-quarter 2020 performance forecast, saying that affected by the epidemic, the report summarized the net profit attributable to shareholders of the listed company at RMB 10,000-1.2.6 billion, a decrease of 70% -100% every year.On the same day, Gree Electric, a leading white electric company, released its performance forecast for the first quarter of 2020, showing that total operating income was US $ 20.7 billion-US $ 22.9 billion, compared with 41 billion in the same period last year; net profit attributable to shareholders of listed companies.3ppm–17.1 trillion, a year-on-year decline of 70% -77%.”In February, our sales data was almost 0, which meant a loss of 20 billion, and the industry as a whole faced such difficulties.At the end of March, Gree Electric Chairman and President Dong Mingzhu said in an exclusive interview with CCTV Finance.Home appliance manufacturing companies have increased or replaced their net profit in the first quarter of this year, and it is difficult for home appliance sales platforms to be alone.Suning.com released the first quarterly report of 2020, which showed that the net profit attributable to shareholders decreased by 400 million to 600 million US dollars. Suning.com explained that if the impact of non-recurring gains and losses was not considered in the same period last year, the net income attributable to listed company shareholdersProfits have improved, compared with the fourth quarter of 2019.But it must be denied that the epidemic has impacted performance.Suning Tesco introduced that in the first quarter, it was affected by the new Coronary Pneumonia epidemic. 3C home appliances across the company, department stores have staged business suspensions or changed business hours in accordance with local epidemic control regulations.Due to restrictions such as home installation, the sales of home installation products are also affected by the conflict.Since the resumption of production in March, the offline passenger flow has initially recovered, but the rest has caused it.Suning Tesco introduced that, overall, the company reported that the increase in the size of commodity sales sometimes increased slightly, and the number of online platform commodity transactions increased by 12.78%.Carrefour China’s operating profit continued to be positive and increased in the first quarter, and operating cash flow improved gradually.Sauna, Ye Wang Chen Weicheng Editor Wang Jinyu proofreading Yang Xuli