B2C data comparison: only product will be questioned Dangdang frequency trap short to loss Lei Jianping June 1 reported that Dangdang (NYSE: DANG) released earnings last week. Results showed that, when the first quarter 2015 revenue of 2.2173 billion yuan, up by 27.7%. Dangdang first quarter net loss of 60.2 million yuan (about 9.7 million US dollars), a year earlier net profit of 200 million yuan. This was the first net loss Dangdang five consecutive quarterly profit since. After the earnings announcement, Dangdang shares fell nearly 10 percent after-hours. With Dangdang announced earnings, the mainstream B2C companies have announced 2015 first quarter earnings. From the earnings data, Jingdong to maintain high growth, but still a loss. CD products will be, the United States together to maintain good profit status, but the only product will frequently encounter short. Especially in the weekend, the US independent research organization Mithra again issued a strong bearish CD products will report that the only product there is a lot of misleading market conduct, maintain \u0026 ldquo; Conviction \u0026 rdquo; rating and $ 2.75 target price, resulting in the only product stock fell. United States together superior product out fakes after the storm, there are new worries. Recently the United States together superior product stock price plummeted nearly 15 percent, the highest in company history largest single-day decline, as investors worried that the authorities move to reduce import tariffs on consumer goods weakened the United States together superior product price advantage. Jingdong recently, it was caught in \u0026 ldquo; sell Apple refurbished machines \u0026 rdquo; storm that Jingdong Group CMO lanye break the silence on the matter responded, said Jingdong has a market capitalization of over 400 billion dollars in listed companies, how could by selling \u0026 ldquo; refurbishment Machine \u0026 rdquo; to make money.
The overall rise B2C scale, only Dangdang revenue decline reported a first-quarter revenue 36.6 billion yuan Jingdong ($ 5.9 billion), an increase of 62% over the previous quarter growth of 6%. Growth in net income and total transaction Jingdong Jingdong first quarter mainly due to the number of active users and complete the order volume growth. Jingdong the first quarter of the total amount of transactions (GMV) of 87.8 billion yuan (about 14.2 billion US dollars), an increase of 99%, self-employed business and third-party operations are to achieve continuous growth, especially in third-party business continued to show substantial growth, an increase of 185%. The only product in the first quarter total revenue of 8.6 billion yuan (about 1.4 billion US dollars), 4.3 billion yuan increase of 100% over the previous year, mainly due to the new number of active users, repeat customers, the total number of active users, the total number of orders, and continued castlevania wigs growth in revenue from mobile platforms. However, the only product recently been strongly questioned, tsubasa wigs Mithra noted that the only product will at least be happy bee false $ 250 million in revenue. CD products will have been wrongly informed market, Le Bee revenue $ 315 million, but Le Bee network generated revenue does not exceed $ 65 million. CD products will be very obvious to the acquisition of Le Bee assets too costly, that the purpose is to use the transaction may transfer funds to the relevant parties. Mithra said, the only product will likely be a lot of operating expenses out of the balance sheet. Over the past two years, Le Bee network losses and a significant increase in the popularity of the East, where the loss of Le Bee network is almost nearly three times prior to be acquired. Mithra obtain judgment, the only product will heavily manipulated or misrepresent their accounts. Maintain a strong bearish stock positions.
This is just the trouble only product will question, recent US law firm Faruqi \u0026 amp; Faruqi, LLP and the US law firm Howard Smith (Law Offices of Howard G. Smith) is the only product will have on the initiation of an investigation or a class action. United States together superior product in the first quarter net revenues of $ 250.6 million of the total, increased 61.8% over the previous year $ 154.9 million, this increase was primarily due to the company's cosmetic business from all third-party platforms become self-employed, as well as active users and total order growth in the number. The current data in the United States together superior product improvement, however, Rosenblatt Securities pointed out that compared to other electronic business platform, the United States together superior products provide more focused on those commodities will be reduced import tariffs on products, so its price Discount attraction may decrease. Dangdang first quarter total net revenues of 2.2173 billion yuan (about 357.7 million US dollars), an increase of 27.7%. From the perspective of revenue growth, far lower than Jingdong Dangdang, only product and the United States together. B2C gross profit margin remained at a relatively stable level Jingdong gross profit of 4.466 billion yuan in the first quarter, a slight increase over the previous quarter, Jingdong first quarter gross margin was 12.2%, down 0.5 percentage point compared with the previous quarter, compared with the same period last year to enhance the 2.2 percentage points. The only product in the first quarter gross profit of 2.1 billion yuan (about 345.4 million US dollars), an increase of 99.6% over the previous year. The only product in the first quarter gross margin was 24.9%, unchanged from a year earlier. Dangdang first quarter gross profit was 3.37 billion yuan, compared with the previous quarter decreased significantly. Dangdang first quarter gross margin was 15.2%, compared to 18.2 percent last year, the fourth quarter of 2014 was 17.1%. United States together superior product in the first quarter gross profit amounted to $ 78.7 million, an increase of 15.2% over the previous year; gross profit accounted for 31.4% of total revenue, compared to 44.1% last year. Decline was mainly due to the company's cosmetic business from all third-party platforms become self-employed. Jingdong is still the largest deficit the web, the only product will net better than last year's first quarter net loss of $ 3.8 billion, Jingdong first quarter net loss of 710.2 million yuan (about 114.6 million US dollars), mainly on the loss rate narrowed sharply benefit from the lower cost of equity incentive.
Of course, Jingdong related amortization of intangible assets from acquisitions and strategic cooperation with Tencent Tencent part of the assets and business generated by the rise. In the future for a long period of time, Jingdong will be amortized as a loss. The only product in the first quarter net profit of 367.5 million yuan (US $ 59.3 million), net profit over the previous year attributable to ordinary shareholders 163.2 million yuan increase of 125.3%. United States together superior product in the first quarter attributable to ordinary shareholders a net profit of $ 15.7 million (97 million yuan), an increase of 49.5% over the $ 10.5 million the same period last year. Dangdang first quarter net loss of 60.2 million yuan (US $ 9.7 million), while net profit of 200 million a year earlier. Dangdang chairman Yu Yu says Dangdang loss, very important reason is that Dangdang costs increased 100 million yuan. However, Ms. Yu explained that, when the money mainly into marketing, research and development, mobile terminals and electronic business-related increase in the number of employees and other aspects, such as marketing costs lifting 28 million yuan, an increase of about 43%, TAC (traffic acquisition costs ) to upgrade 18 million, an increase of about 41% over the same period last year, these inputs are for the development of the company's strategic business. B2C Dangdang net profit margin of the worst, -2.7% Jingdong has been at a loss, resulting in Jingdong net profit margin has been negative, the latest quarter -1.9%. Nevertheless, annual sales have been RMB 100 Jingdong, Jingdong in Jingdong financial layout, intelligent hardware and investment in the field is rapidly opened. The first half of 2015, Jingdong on-line public to raise equity, Jingdong also have been investing heavily in automotive electronic-commerce investment vehicle, Students staging staging the music business, online reservation companies hungry for it, the way cattle travel sites, Kingdee Software and fresh every day the electricity supplier orchards.
The total amount for investment Jingdong series of over 10 billion Cosplay Costumes US dollars, the future will be to accelerate investment in mergers and acquisitions, in a bid to build an ecosystem. The only product in the first quarter net profit was 4.3%, up from 3.8% a year earlier. Dangdang since the expenditure increase, resulting in the first-quarter net profit was -2.7%, while net profit was 0.1 percent a year earlier. Each company in the United States together superior product the best net margin, net profit in the first quarter was 6.3%, but lower than the same period last year was 6.8%.