Does the roast duck smell bad?Quanjude promotes new dishes to welcome the president

Does the roast duck smell bad?Quanjude promotes new dishes to welcome the president
On April 14, Quanjude released its 2019 annual report: Achieved an operating income of approximately 15.6.6 billion yuan, 11 compared with the same period in 2018.87%; net profit attributable to shareholders of listed companies is about 4462.790,000, 38 compared with the same period in 2018.9%.In 2020, Quanjude will use the “shouzheng innovation” as the guiding ideology to increase the innovation rate of food and beverage and other catering businesses to adapt to the changing consumer market; change the food business is too traditional, a single product form, in product content and marketing methodsMake a breakthrough. Last year, the net profit was less than 50 million. In the first quarter of this year, the pre-loss is more than 90 million. The main business of Quanjude is catering services and food processing, sales business. It has “Quanjude”, “imitation meal”, “Fengze Garden”, “Sichuan Hotel”, etc.Brand.As of the end of 2019, Quanjude had 118 restaurants in Beijing, Shanghai, Hangzhou, Changchun and other places, including 110 Quanjude brand stores, 1 imitation meal brand store, 5 Fengzeyuan brand stores, and Sichuan restaurant brand stores 2Home. In 2019, Quanjude opened 5 directly-managed stores and 2 newly opened franchise stores. At the same time, Quanjude increased the intensity and frequency of innovative dishes, “90% of the stores have undergone menu updates or adjustments to the menu structure.” In 2019, Quanjude actively participated in major national events to highlight its brand, and its affiliated enterprise Fengzeyuan Hotel presented the classic layout of Shandong cuisine for the lunch of the second round of the “Belt and Road” Summit Forum.Quanjude and Fangfanzhuang received nearly 200 VIPs including the President of Egypt, the President of Chile, the President of Tajikistan, and the Prime Minister of Armenia in Jingmen. However, none of this can stop Quan Jude’s decline in performance. In 2019, Quanjude achieved an operating income of approximately 15.6.6 billion yuan, 11 compared with the same period in 2018.87%; net profit attributable to shareholders of listed companies is about 4462.790,000, 38 compared with the same period in 2018.9%; the net profit attributable to shareholders of listed companies to replace non-recurring gains and losses is about 2030.230,000 yuan, 64 compared with the same period in 2018.68%. For the reasons of performance, Quanjude said: As the company’s catering revenue declined again, and the overall profit level driven by boots decreased. Sauna and Yewang noticed that in recent years, Quanjude’s annual performance has shown a general trend.From 2016 to 2018, Quanjude’s operating income was approximately 18 in turn.4.7 billion yuan, 18.6.1 billion, 17.7.7 billion US dollars; during the same period, its net profit attributable to shareholders of listed companies in turn was about 1.400 million, 1.3.6 billion, 0.7.3 billion. China Food Industry Analyst Zhu Danpeng told the sauna, Yewang: “Quan Jude’s performance has continuously changed in recent years. The reasons are internal and external.”” “From an internal perspective, Quanjude’s entire business philosophy and operating ideas have changed the characteristics of mainstream catering channels.In addition, while the performance continues to decline, Quanjude’s executive team is also possible.From the outside, we can see that Quanjude’s quality, scene, service, etc., and other roast duck brand rankings, have entered a very aging stage.Although the performance of other roast duck brands is not very good, but unlike Quanjude, it has already appeared.Therefore, from both internal and external perspectives, Quanjude has now entered a difficult period.”Zhu Danpeng said. Zhu Danpeng added: “The diversified layout of Quanjude is very unsmooth, which has also caused a drag on the company’s overall profit. At the same time, it has a great impact on the team’s confidence and other aspects.Quanjude said that in the first quarter of 2020, the new coronavirus pneumonia epidemic had an important and continuous impact on the overall catering business environment, and the company ‘s catering and food businesses were severely affected, causing the company ‘s first quarter operating income to drop significantlyIt is estimated that the net profit attributable to shareholders of listed companies will exceed 90 billion-1 trillion yuan from January to March 2020. Under the epidemic situation, Quanjude took delivery and terminated the fundraising project to supplement working capital. This new coronary pneumonia epidemic has a great impact on the catering industry, and Quanjude also has deep experience.”Since mid-January 2020, the company’s catering companies and food companies have been severely affected by the new coronary pneumonia epidemic.”Quan Jude said that the company is comprehensively analyzing the impact of the epidemic, seeking opportunities in the midst of the crisis, especially taking advantage of the window period brought by the epidemic, taking active measures to respond to changes in the market, and combating epidemic prevention and control and resuming production and resuming production. It is understood that under the condition of effective replacement of the dine-in market, Quanjude will continue to expand the takeaway business this year, and strive to develop three markets: online takeaway, offline takeaway, and semi-finished takeout. During the outbreak, Quanjude actively responded to the outbreak, took various measures such as increasing online and offline takeaways, expanding community consumption, establishing staple food kitchens, and fully implementing the local government’s preferential policies, but it continues to be seriously affected.In essence, Quanjude has taken various measures to reduce costs, but it still needs to bear the necessary expenses such as labor costs and rent. “The company expects that the impact of the new coronary pneumonia epidemic on the company’s business will continue, and the duration will be uncertain depending on the progress of the epidemic management.”Quan Jude said. On the evening of March 6, Quanjude issued an announcement regarding the termination of the raised capital investment project to supplement the remaining raised funds and the permanent replenishment of working capital. According to Quanjude, in order to combat the impact of the new coronary pneumonia epidemic, combined with the company ‘s industry changes and the company ‘s development strategy needs, to improve the efficiency of the use of raised funds, the board of directors agreed to terminate the company ‘s non-public offering of funds in 2014.Capital interest rate) 39564.380,000 yuan (specifically based on actual balance data at the time of implementation) permanently supplement working capital. According to the introduction of Quanjude, the original fundraising project was established in 2013. At present, the company ‘s development strategy has changed in the domestic catering industry market, especially the recent new coronary pneumonia epidemic has an important and continuous impact on the overall catering operating environment. The original fundraising projectThere will be potential uncertainty in the return on investment that continues to be implemented. Sauna, Night Net Yan Xia editor Chen Li proofreading Li Shihui