605599 Beijing Caishikou Department Store Co., Ltd.
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Beijing Caishikou Department Store Co., Ltd. News
Caibai Co., Ltd. (605599.SH) reported 2023 annual results with net profit of 707 million yuan, an increase of 53.61% year-on-year
Caibai Co., Ltd. (605599.SH) released its 2023 annual report, with operating revenue of 16.552 billion yuan, with...
Caibai Co., Ltd. (605599.SH): Cooperate with a number of banks to develop gold leasing business
Gelonghui, April 10 | Caibai Co., Ltd. (605599.SH) said on the interactive platform that since the establishment of the Shanghai Gold Exchange in 2002, the company has been one of the first comprehensive members and has a gold spot trading seat at the Shanghai Gold Exchange. The company operates under a full direct management model, and has a fast inventory turnover. It uses the multi-batch and small-batch procurement principle of “procurement by sales”, which reduces the risk caused by fluctuations in gold prices. The company cooperates with many banks to develop gold leasing business and hedge against the risk of gold price fluctuations through gold T+D contracts.
Caibai Co., Ltd. (605599.SH): Does not involve gold futures business
Gelonghui, March 29丨Caibai Co., Ltd. (605599.SH) said on an interactive platform that currently the company is not involved in the gold futures business.
Caibai Co., Ltd. (605599.SH): It has opened 3 image stores with the theme of the “Caibai Succession” sub-brand
Gelonghui, Feb. 29丨Caibai Co., Ltd. (605599.SH) recently said during a survey by institutional investors that the company has now opened 3 image stores with the theme of the “Caibaai Succession” sub-brand, which is still in its infancy. This type of store product highlights ancient French gold jewelry, and is different from other stores in terms of store image. By penetrating the sub-brand image into the market, it enhances its popularity. In the future, based on market feedback, the company will continue to optimize the sub-brand cultivation and operation strategy to promote the efficient and high-quality development of sub-brands. At this stage, it is in the process of continuous optimization.
Caibai Co., Ltd. (605599.SH): It is currently planning to open about 10-20 new stores throughout the year
Gelonghui, Feb. 29丨Caibai Co., Ltd. (605599.SH) recently said during a survey of institutional investors that it is currently planning to open about 10-20 new stores throughout the year, and the actual number of stores to be opened will depend on the specific situation in the market. In terms of store opening areas, the layout of stores within Beijing will continue to be encrypted, and the regional market where stores have already been opened outside of Beijing will be deepened. In addition to the above regions, the company is actively seeking opportunities to expand the regional market in other key cities. The company will adhere to the strategy of steady development, do a good job in market analysis and research, make careful decisions, be steady and steady, and promote the construction of a marketing network.
Caibai Co., Ltd. (605599.SH): Does not have a Hainan duty-free shop channel
Gelonghui, Feb. 20: Caibai Co., Ltd. (605599.SH) said on an interactive platform that the company has not set up a duty-free shop channel in Hainan at present. If any matters to be disclosed are involved in the future, the company will strictly comply with the relevant regulations to fulfill its information disclosure obligations. Please pay attention to the company announcement.
Caibai Co., Ltd. (605599.SH) posted an advance increase. Net profit of 670 million yuan to 735 million yuan is expected to increase by 45.61% to 59.74% in 2023
Caibai Co., Ltd. (605599.SH) issued a pre-increase announcement for the 2023 annual results, which is expected to be actual in 2023...
Caibai Co., Ltd. (605599.SH): Currently, the company adheres to the direct chain mode of operation
Gelonghui, January 12丨Caibai Co., Ltd. (605599.SH) recently said during a survey receiving institutional investors that the company currently adheres to the direct chain model of operation. Its advantage is that it can achieve good control in terms of product quality and service quality, so that consumers can have a consistent and good shopping experience across the company's sales channels. At the same time, relying on the full direct management model, the company can obtain first-hand consumer demand feedback more directly and quickly feedback from the sales side to the company's supply chain side, design side, and operation side, forming a linkage and virtuous cycle of all aspects, which can be carried out more quickly according to market demand and consumer preferences
The majority shareholder of Caibai Co., Ltd. (605599.SH), Mingpai Industrial, pledged 40 million shares of the company, accounting for 5.14% of the total share capital
Caibai Co., Ltd. (605599.SH) announced that Zhejiang Mingpai Industrial Co., Ltd., a shareholder holding 5% or more of the company's shares...
Caibai Co., Ltd. (605599.SH) released the first three quarter results, net profit of 591 million yuan, up 66.36% year on year
Caibai Co., Ltd. (605599.SH) released its report for the first three quarters of 2023. The company's operating income was 123.70...
Haitong International: Where did jewelry companies' gross profit elasticity come from during the rise in gold prices?
Benefiting from the principle of real-time pricing, during the period of rising gold prices, the jewelry industry as a whole corresponds to an increase in gross profit space per gram of gold.
Caibai Co., Ltd. (605599.SH): The revenue of e-commerce subsidiaries in the first half of the year has surpassed the level of the whole of last year and the development momentum is strong
GLONGHUI, September 22 | Caibai Co., Ltd. (605599.SH) recently said during a survey of institutional investors that the company set up an e-commerce subsidiary in 2014 to carry out online business. In the first half of 2023, the e-commerce subsidiary achieved revenue of 1,533 billion yuan, which has surpassed the level of last year's full year, and the development momentum is strong. Currently, the company owns Caibai Jewelry's own official store and more than 10 online stores on platforms such as JD, Tmall, and Douyin. At the same time, the company continues to promote the development of the live streaming channel business, actively explore new growth points, deepen cooperation with external anchors, and continuously strengthen the company's self-broadcast team building
Caibai Co., Ltd. (605599.SH): Opening 4 new directly-managed stores in the first half of the year to further encrypt the Beijing-Tianjin-Hebei core layout
Gelonghui, September 22 | Caibai Co., Ltd. (605599.SH) recently said during a survey by institutional investors that the company opened 4 new direct-run stores in the first half of the year, including 1 in Beijing, 1 in Tianjin, and 2 in Hebei Province, further encrypting the Beijing-Tianjin-Hebei core area. In the future, some of the company's high-quality reserve projects will be launched one after another. Currently, the company is also actively expanding markets outside of North China. For example, the company has opened a number of stores in Xi'an. Although it currently accounts for a relatively small share of the company's revenue scale, the development momentum is good, providing for the company to gradually expand into the national market in the future
Caibai Co., Ltd. (605599.SH) expects revenue in the third quarter to increase 15.78% year-on-year to 31.43%
Caibai Co., Ltd. (605599.SH) issued an announcement. According to preliminary estimates by the company's finance department, the company expects 2023...
Open source securities: The gold and jewelry industry has entered a new stage of development and is expected to increase competitiveness and market share
China's gold and jewellery industry has entered a new stage of development. Leading brands are expected to increase their competitiveness and market share by consolidating channel advantages, product development, and informatization construction.
Guojin Securities: The National Day+Mid-Autumn Festival holiday catalyzes wedding demand and is optimistic about the annual performance of leading gold and jewelry companies
Gold prices were high year-on-year in the second half of the year. Store openings generally accelerated and contributed incrementally. The peak holiday season catalyzed demand release, and we are optimistic about leading companies' annual performance.
Caibai Co., Ltd. (605599.SH): Demand for gold consumption is expected to remain strong in the second half of the year
GLONGHUI September 11丨An investor asked Caibai Co., Ltd. (605599.SH): How do you view the impact of future gold price trends on the gold consumer market? Caibai Co., Ltd. replied: Gold prices may still fluctuate and rise in the second half of the year, and gold investment products may benefit. Also, since the fourth quarter is the industry's traditional peak consumption season, it is expected that demand for gold consumption will remain strong in the second half of the year, and we are confident about the future prospects and development space of the industry.
Caibai Co., Ltd. (605599.SH): The company hopes to gradually achieve nationwide development of offline stores
Glonghui September 11丨Some investors asked Caibai Co., Ltd. (605599.SH): Can the development of online channels promote the company's nationalization and offline layout? Is the brand positioning in the company's strategic planning a regional brand or a national brand? Caibai Co., Ltd. replied: The development of online channels will have a backlash effect on the expansion of the offline market. It can break through space restrictions and reach more consumers, help enhance the customer shopping experience and brand influence throughout the country, and cultivate a consumer base for the expansion of offline stores. At the same time, big data information feedback from online channels can further optimize online sales and plan offline for the company
Caibai Co., Ltd. (605599.SH): The company's sales revenue in North China accounts for more than 80%
GLONGHUI September 11丨Some investors asked Caibai Co., Ltd. (605599.SH): The company has now been rooted in Beijing and North China for many years, and has advantages such as brand, scale, and consumer base. In the future, how is Caibai preparing to strengthen its influence throughout the country? What is the specific strategic layout? Which regions is Caibai focusing on or about to expand? When will it cross the Yellow River and enter the Southern Market? What is the high quality reserve item mentioned in the company's regular report? Caibai Co., Ltd. replied: In the first half of 2023, the company's sales revenue in North China accounted for more than 80%, but at the same time, it can also be seen outside of North China
Caibai Co., Ltd. (605599.SH): The quality of store operations is good
GLONGHUI September 11丨Some investors asked Caibai Co., Ltd. (605599.SH): In terms of offline sales, Caibai is currently still mainly based on a direct management model. Will it consider introducing a franchise store model in the future to accelerate the increase in market share? If not, why not? Caibai Co., Ltd. replied: Currently, the company insists on direct chain management and full-category management. The store opening strategy is to deeply cultivate the market. In the future, it is not ruled out that it will explore other models at the right time. The specific situation is subject to the company's management decisions and announcement documents. The company's business and business model will always adhere to the characteristics of Caibai and inherit the philosophy and spirit of Caibai. The company adheres to operational efficiency
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