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Pathfinder: Net Profit Has Been Negative For The First Time Since Listing.

2016/4/26 11:21:00 42

PathfinderNet ProfitNegative Growth

  

Pathfinder

The Limited by Share Ltd of the holding group released its 2015 earnings report. The company achieved a total revenue of 3 billion 760 million yuan, an increase of 119.20% over the same period last year.

Net profit of 265 million yuan, down 10.03% compared with the same period last year.

Travel service sector accounted for 52% of business revenue.

With the further increase of market competition pressure, the gross profit level of outdoor goods sector has declined compared with the same period last year, resulting in a negative growth in net profit.

The group's 1700 stores will gradually change to the form of outdoor + travel.

The 2015 performance of most garment enterprises has increased, saturated in the market and slowed down in consumption.

Online retailers

Under the impact, many traditional clothing stores are facing shop closes.

In 2015, pathfinder was constructed.

Outdoor products

The Pathfinder ecosystem developed by the three major parts of travel service and big sports, provides resource support and professional incubation services for Pathfinder group.

At present, more than 80% clothing companies listed on line and offline, including Semir, YOUNGOR, Busen shares and so on.

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According to "2015 China footwear industry operation analysis", according to the estimation, the mainland produced 14 billion pairs of shoes last year, exports 9 billion 870 million pairs (51 billion 120 million US dollars), imports 97 million pairs, 2 billion 460 million US dollars, the domestic market consumption is expected to be 3 billion 800 million pairs, and the total consumption is 350 billion yuan RMB.

Analysis shows that the mainland sporting goods industry as a whole has entered the downlink cycle since 2011. After several years of in-depth adjustment, the leading brands began to take the lead in recovery, and V began to reverse in 2014.

Along with the mainland's measures to speed up the development of sports industry and promote sports consumption, the sports industry as a green industry, sunrise industry support, and the 2015 football reform, bidding for the Winter Olympics, has injected strong vitality into the sporting goods market.

In 2015, the leading brands of sporting goods industry achieved rapid growth. The sales revenue of individual enterprises exceeded 10 billion yuan for the first time, and the number of leading sporting goods brands reached more than 10% or even more than 20% growth.

Not only the mainland sports brand is eye-catching, but also the international brands like Nike and Adi have achieved two digit growth, and the sporting goods industry has entered a new round of rising cycle.

In terms of share of sales revenue, Fujian, Guangdong and Zhejiang accounted for 65% of the total, while the rest of the provinces accounted for less than 10%.

The share of the top three provinces in sales declined slightly compared with last year's share.

Henan has been more than Shandong for fifth consecutive years, ranking the largest in mainland China.

Regionally, the growth rate of Jiangsu, Hunan and Chongqing is higher than that of the mainland.

From the perspective of competitors, Vietnam and Indonesia are the five largest producers of footwear in the world, and there is a positive competition with the mainland's footwear exports.

Before 2008, the average annual growth rate of mainland footwear exports was higher than that of the two countries.

But after the financial crisis, the average annual growth rate of the mainland is slower than that of Vietnam and Indonesia.

In addition to the above two foreign countries, Philippines's exports increased by 79% in 2015, Portugal's growth by 11%, Spain's 11%, Brazil's -10%, Turkey's -7%.


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