高鑫零售(06808.HK)年度純利增長14.4%至28.34億元 末期息0.15港元
格隆匯2月20日丨高鑫零售(06808.HK)發佈公告，截至2019年12月31日止年度，公司收入953.57億元人民幣，同比減少4%；毛利257.31億元，同比增長2.4%；經營溢利48.9億元，同比增長4.1%；公司股東應占溢利28.34億元，同比增長14.4%；每股盈利0.3元，末期股息每股普通股0.15港元，共計約14.31億港元。
期間總銷售營收為人民幣1,018.68億元，增幅為0.5%；來自銷售貨品的收入為人民幣912.79億元，減幅為4.5%。該年度，毛利率（按總銷售營收計算）為25.3%，較截至2018年12月31日止年度的24.8%增加0.5個百分點。該集團持續努力優化產品組合以改善毛利率。雙品牌間的供應鏈整合對毛利率產生正面影響。
公司的家電部門自2018年8月起的業務模式已從自營轉為由蘇寧代銷。自此，家電產品銷售收入為佣金收入，而非總銷售營收。該年度同店銷售增長為-1.01%。以排除家電的貨品銷售計算，大潤發品牌門店的同店銷售增長為正數。公司以店鋪為基礎的線上至線下（O2O）業務模式在發展一年後已增長強勁，併為公司於食品部門的銷售增長作出貢獻。而非食品部門則持續面臨來自不同渠道極為激烈的競爭。
該年度，該集團繼續在中國各地擴充業務，並開設七家新門店，在關閉五家門店後，門店總數達到486家。該年度，租金收入所得收入為人民幣40.78億元，增幅為7.1%。該增加乃主要由於來自新店的可出租面積增加，及因租户組合管理改善帶動於現有門店的來自租户的收入增加所致。
公司稱，經過幾年的發展，高鑫零售已經從一個新零售的參與者，轉變成該行業的領跑者。基於和阿里巴巴的緊密合作，完全打破了實體店原有的瓶頸，O2O業務的獲利模式已初具雛形。同時，結合阿里巴巴的資源和技術，不斷探索新的銷售模式，比如貓超共享庫存、社區團購和中小型超市，不斷豐富購物的場景和顧客的消費體驗，讓顧客在公司的零售生態圈裏無縫切換。運用公司的數字化工具，公司已有更多服務線上顧客的能力，成為架構公司企業長期競爭力的基礎。同時，實體門店從以往的傳統大賣場向公司“店倉合一”的模式轉變。
公司的既有系統可以通過一套供應鏈滿足不同銷售渠道的需求，所有渠道實現共享庫存，不僅提高了供應鏈效率，也實現了銷售渠道的多樣化。公司希望2020年是公司線上業務的收穫年。公司將集中圍繞多業態多渠道發展，全面數字化的升級改造，加速推進大賣場改造，以及公司雙品牌的深化整合。
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