Suning.com's revenue in 2023 will be 62.627 billion, a year-on-year decrease of 12.25%, with a net loss attributable to the parent company of 4.089 billion

According to news from this site on March 30, Suning.com recently released its 2023 annual report. The report shows that Suning.com’s revenue in 2023 will be 62.627 billion yuan, a year-on-year decrease of 12.25%; the net loss attributable to shareholders of listed companies will be 4.089 billion yuan, a year-on-year loss reduction of 74.79%.

This website learned from the report that the net cash flow generated by Suning.com’s operating activities was 2.91 billion yuan, a year-on-year increase of 561.37%. As of the end of 2023, the company's total assets were 121.748 billion yuan, a year-on-year decrease of 12.99%; the net assets attributable to shareholders of listed companies were 11.375 billion yuan, a year-on-year decrease of 29.41%.

Among the main businesses,

the revenue of household appliances and consumer electronics in 2023 is 50.405 billion yuan, a year-on-year increase of 3.47%; the revenue of daily necessities is 4.957 billion yuan, a year-on-year decrease of 65.57%; services and other business revenue was 2.133 billion yuan, a year-on-year decrease of 11.24%.

In 2023, Suning.com’s home appliance business sales increased by 11.9% year-on-year. Throughout the year, the company opened 210 new home appliance 3C home life specialty stores, focusing on first- and second-tier cities.

In 2023, Suning.com launched 2,686 stores. During the Suning.com Double 11 event, the total number of franchise stores reached 10,729, and the total sales volume of retail cloud channel merchandise increased by more than 20% year-on-year.

As of December 31, 2023,

Suning.com’s offline channels have 12,027 stores of various types across the country.

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