On April 29, Jiajiayue Group Co.Ltd(603708) released the annual report of 2021 and the report of the first quarter of 2022. In 2021, the company achieved an operating revenue of about 17.433 billion yuan, a year-on-year increase of 4.52%; In the first quarter of 2022, the operating revenue was about 5.108 billion yuan, a year-on-year increase of 8.32%; The net profit attributable to the shareholders of the listed company was about 131 million yuan, a year-on-year increase of 1.92%; The basic earnings per share is 0.22 yuan.
The annual report shows that the company’s main business is supermarket chain operation. At the end of the reporting period, the company had 971 direct chain stores, including 253 comprehensive supermarkets, 407 community fresh food supermarkets, 234 rural supermarkets, 13 department stores, 64 stores of other formats such as baobaoyue. At the same time, in order to create “the most valuable store for customers to eat at home”, the company relied on supermarkets to carry out online businesses and business categories such as home service and community group purchase, highlighting fresh food commodities required by daily life.
In order to enhance the supply chain capacity, the company has built a sub regional supply chain system integrating normal temperature, cold chain, fresh processing and central kitchen, with Shenzhen Agricultural Products Group Co.Ltd(000061) the whole industry chain operation capacity of base procurement, cold chain warehousing, fresh processing and terminal retail, forming a strong fresh food supply chain system to support the sustainable and stable development of supermarket business.
The company said that the increase in operating revenue in 2021 was mainly due to the large number of new stores opened by the company in 2020 and 2021, the rapid expansion of new regional market, the expansion of market share in the original region, and the gradual increase of socialized services in the supply chain, thus driving the growth of operating revenue of the company.
In the first quarter of 2022, the company opened 8 New Direct stores, including 5 in Shandong Province and 3 in other provinces. By the end of the reporting period, the company had a total of 1000 stores. In the main business income during the reporting period, the operating income of other regions in Shandong and regions outside the province increased rapidly, mainly due to the rapid market expansion of relevant regions in recent two years; The proportion of Yanwei area, other areas of Shandong and areas outside the province were 52.33%, 31.24% and 16.43% respectively.
For the future development strategy, the company said that it will adhere to the supermarket as the core business, regional intensive and urban-rural integrated development, and become a multi format, all channel, all industry chain and national retail enterprise; Enhance the digital capability and supply chain capability, build a science and technology driven, open and shared supply chain service platform, actively change to a comprehensive, platform and science and technology retailer, integrate Wuxi Online Offline Communication Information Technology Co.Ltd(300959) technology, and provide efficient services for consumers and partners.
