Judging from performance
Posted: Sun Dec 22, 2024 10:08 am
Yonghui’s series of proactive adjustments and measures to improve quality and increase efficiency have proven to be effective.
Specifically, in terms of online business, Yonghui achieved revenue of 7.84 billion yuan in the first half of 2024, accounting for 20.8% of the company's total operating income during the period. At the same time, by improving the competitiveness of products and the efficiency of warehouse fulfillment, the online business has significantly reduced losses compared with last year. During the reporting period, the number of registered members of the "Yonghui Life" APP has exceeded 200.4 million.
In terms of offline business, Yonghui actively promoted the indonesia phone number sample optimization of its store network across the country. In the first half of this year, Yonghui added 5 stores and closed 62 remaining stores.
While adjusting its stores, Yonghui also optimized its product mix in the first half of this year, while further improving the efficiency of product introduction. In the first half of the year, 20,276 new products were introduced and 22,480 products were eliminated, with a new product introduction rate of 22.5% and an elimination rate of 24.9%.
In addition, in the first half of this year, Yonghui's net cash flow from operating activities reached 2.94 billion yuan, a year-on-year increase of 13.63%. Among them, after deducting non-exempt rent included in the cash flow from financing activities, it reached 1.564 billion yuan, a year-on-year increase of 22.61%. As of the end of June 2024, Yonghui has a total of 7.77 billion yuan in cash and trading financial assets.
With relatively healthy operating cash flow and sufficient corporate cash reserves, Yonghui's debt ratio is relatively stable. The financial report shows that Yonghui's asset-liability ratio (excluding the impact of the new leasing standards) was 65.9% in the first half of this year.
Specifically, in terms of online business, Yonghui achieved revenue of 7.84 billion yuan in the first half of 2024, accounting for 20.8% of the company's total operating income during the period. At the same time, by improving the competitiveness of products and the efficiency of warehouse fulfillment, the online business has significantly reduced losses compared with last year. During the reporting period, the number of registered members of the "Yonghui Life" APP has exceeded 200.4 million.
In terms of offline business, Yonghui actively promoted the indonesia phone number sample optimization of its store network across the country. In the first half of this year, Yonghui added 5 stores and closed 62 remaining stores.
While adjusting its stores, Yonghui also optimized its product mix in the first half of this year, while further improving the efficiency of product introduction. In the first half of the year, 20,276 new products were introduced and 22,480 products were eliminated, with a new product introduction rate of 22.5% and an elimination rate of 24.9%.
In addition, in the first half of this year, Yonghui's net cash flow from operating activities reached 2.94 billion yuan, a year-on-year increase of 13.63%. Among them, after deducting non-exempt rent included in the cash flow from financing activities, it reached 1.564 billion yuan, a year-on-year increase of 22.61%. As of the end of June 2024, Yonghui has a total of 7.77 billion yuan in cash and trading financial assets.
With relatively healthy operating cash flow and sufficient corporate cash reserves, Yonghui's debt ratio is relatively stable. The financial report shows that Yonghui's asset-liability ratio (excluding the impact of the new leasing standards) was 65.9% in the first half of this year.