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BETTER LIFE: Supermarket Wholesale and Retail Pattern of Services Financial Out-put

Supermarket Expansion Growth With Better Life

By Brainne AlexanderPublished 3 years ago 4 min read
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Analysis:

Better life [002251: CH] is generally recognized as Better Life Commercial Chain Share Co., Ltd. that is owned, based, and properly managed in China with its full involvement in the provision of commodity services through the supermarket, electronic accessories, store, and many other methods of distribution of its product through the wholesale and retail method to reach customers demand at every given time. They also help in advertising people’s products through the application of the internet. They are popularly recognized by the Chinese government whole helps them in promoting their goods and services. They now distribute their products within the domestic market.

Financial Output:

The company’s per-share earnings have a slight increase of about 0.13%, sales also increased slightly by about 18.8%. Looking at the operating profit of the company, it has a slight increase of about 0.59%. The working capital of the company has about a -10.9% decrease, while the capital expenditure has about 2.08%.

Cash Flow Out-put:

The cash flow of the company in net operating cash increased slightly to about $267.9 million in FY19 with 26.8% year-on-year than to be compared to $196.0 million in FY18. The net investment cash of the company increased slightly to about $470.9 million in FY19 with 11.2% year-on-year than to be compared to $418.0 million in FY18. The net financing cash of the company has a slight increase of about $199.6 million in FY19 with 24.5% year-on-year than to be compared to $150.5 million in FY18. Cash that the company used in starting the period declined heavily of about $142.3 million in FY19 with 50.1% year-on-year than to be compared to $213.6 million in FY18. Available cash that was with the company at the end of the period declined slightly to about $138.9 million with 2.4% year-on-year than to be compared to $142.3 million in FY18. The expenditure on the capital of the company declined slightly to about $391.7 million in FY19 with 7.6% year-on-year than to be compared to $421.8 million in FY18.

Asset Rundown Out-put:

The current asset of the company in cash equivalents increased slightly by about $226.3 million with 20.8% year-on-year in FY19 than to be compared to $179.2 million in FY18. The receivable company account has a slight increase of about $18.7 million with 42.7% year-on-year in FY19 than to be compared to $10.7 million in FY18. The other current asset of the company has a slight increase of about $338.1 with 6.7% year-on-year than to be compared to $315.3 million in FY18. The total current asset of the company decreased slightly to about $970.2 million with 0.5% year-on-year than to be compared to $975.8 million in FY18.

Sales per Business:

The company reported that its supermarket service has a slight increase of about CNY 12,124 million in FY20 with 77.6% year-on-year than to be compared to FY19. The other business service that the company is into has about CNY 2,165 million in FY20 with 13.9% year-on-year than to be compared to FY19. The department stores of the company have about CNY 592.8 million in FY20 with 3.8% year-on-year than to be compared to FY19. The company home appliance service has about CNY 480.7 million in FY20 with 3.1% year-on-year than to be compared to FY19. The advertising and logistics segments of the company have about CNY 219.1 million in FY20 with 1.4% year-on-year than to be compared to FY19.

Sales per Region:

The company's financial output per region decreased slightly in China having CNY 15,736 million in FY20 with 25.3% year-on-year than to be compared to CNY 19,725 million in FY19. This performance by the company during this period of FY20 was very poor than to be compared to FY19 due to low workforce application in management and maintenance and effort needs to be made to tackle the issue for effective growth before 2021 runs down.

Sale/Revenue 4Q20:

Checking about this period, there has been a heavy decrease in revenue within the company having CNY 577.6 with 723.1% quarter-on-quarter in 4Q20 than to be compared to CNY 4,754.8 in 3Q20. Looking at their performance within this period of 4Q20, it was never in its original growth condition than to be compared to 3Q20. The gross profit of the company has a slight increase of about CNY 1,181.7 with 2.1% quarter-on-quarter in 4Q20 than to be compared to CNY 1,156.0 in the previous 3Q20.

Conclusion:

The coming of this company is an adage to the Chinese commodity sale of supermarkets and stores through wholesale and retail service they offer as people within China find all types of provision store resources they may need at any particular time so easy and simple. This company has many supermarket segments around the corners of China for easy location of goods by customers which keep them growing. Try as much as possible to be patronizing this company at any nearby branch close to you.

Information Sources:

https://www.marketscreener.com/quote/stock/BETTER-LIFE-COMMERCIAL-CH-6500246/company/

https://finance.yahoo.com/quote/002251.SZ/financials?p=002251.SZ

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