K********g
发帖数: 9389 | | g*****u
发帖数: 14294 | 2 三块的股
【在 K********g 的大作中提到】
: 不要让我失望哦。
| K********g
发帖数: 9389 | 3 我靠，别这么悲观。当年25块的时候，大家还都说50块的呢/
【在 g*****u 的大作中提到】
: 三块的股
| K********g
发帖数: 9389 | 4 What Happenned???
卖掉了，不赌ER | t******g
发帖数: 462 | 5 今天涨的真没道理,中国庄股就是就是黑
Total net revenues in the third quarter of 2011 were RMB908.9 million ($142.
5 million), a 50% increase from the corresponding period in 2010.
General merchandise revenue in the third quarter of 2011 was RMB255.0
million ($40.0 million), a 162% increase from the corresponding period in
2010,representing 28% of the total net revenues, compared to 16% in the
corresponding period in 2010.
Dangdang had approximately 5.5 million active customers in the third quarter
of 2011, representing a 36% increase from the corresponding period in 2010.
Total orders for the third quarter of 2011 were approximately10.8 million,
a 32% increase from the corresponding period in 2010.
Recent Developments
Dangdang intensified its efforts in expanding general merchandise sales. Its
baby store is becoming the leading online retail outlets for children's
products in China.
Dangdang increased marketing spending by launching branding campaign in tier
one cities starting from mid-September.
Dangdang made significant efforts in "customer last mile" experience with
better packaging and faster delivery in the third quarter 2011. Dangdang
equipped its cash-on-delivery network with mobile payment terminals.
Customers in 130 cities, upon receiving their package, can choose to pay
with cards on the spot.
Dangdang stepped up investment in general merchandise procurement team as
well as in R&D for the e-book platform.
Dangdang launched an enhanced mobile version of website in the third quarter
of 2011, which currently generate more than 7,000 orders on a daily basis.
"While our third quarter revenues growth rate is on the same path as
previous quarters, our enlarged investment in marketing and fulfillment has
strengthened our growth momentum as reflected in our revenue guidance for
the fourth quarter," said Ms. Peggy Yu Yu, Dangdang's Executive Chairwoman.
"We have expanded our warehouse capacity to 260,000 square meters from 210,
000 square meters at second quarter's end with the opening of a new
warehouse in Wuxi during the third quarter of 2011. We invested in
fulfillment to expand our same day delivery services to a total of 17 cities
and next day delivery services to approximately 100 cities to improve the
overall shopping experience." commented Mr. Guoqing Li, Dangdang's Chief
Executive Officer. "We'll further set up new warehouses in Fuzhou and Jinan
in the fourth quarter."
"Our top line results reflect the ongoing success of our efforts to
diversify and drive growth in general merchandise, which contributed 28% of
revenues as compared to 24% in the second quarter and 16% in the same period
last year," Conor Yang, Dangdang's Chief Financial Officer, commented. "We
are encouraged by the current development of our business and we will
continue to invest for our long-term growth."
Third Quarter 2011 Results
Dangdang's total net revenues in the third quarter of 2011 were RMB908.9
million ($142.5 million), a 50% increase from the corresponding period in
2010.
Media product revenue for the third quarter of 2011 was RMB639.7 million ($
100.3 million), representing a 27% increase from the corresponding period in
2010. General merchandise revenue for the third quarter of 2011 was RMB255.
0 million ($40.0 million), representing a 162% increase from the
corresponding period in 2010. Other revenue including revenue from third-
party merchants for the third quarter of 2011 was RMB14.2 million ($2.2
million), representing a141% increase from the corresponding period in 2010.
Dangdang had approximately 5.5 million active customers in the third quarter
of 2011, representing a 36% increase from the corresponding period in 2010.
Total orders for the third quarter of 2011 were approximately 10.8 million,
a 32% increase from the corresponding period in 2010.
Cost of revenues was RMB783.9 million ($122.9 million), representing 86% of
total net revenues, as compared to 75% in the corresponding period in 2010.
General merchandise revenues for the third quarter of 2011 was RMB255.0
million ($40.0 million), representing 28% of total net revenues, as compared
to 16% in the corresponding period in 2010. Gross margin of general
merchandise currently is lower than that of media products, especially in
the case of general merchandise of new subcategories. Dangdang increased the
packaging cost to make the packaging more durable and suitable for a wide
range of products. Gross margin of general merchandise currently is lower
than that of media products, especially the case with general merchandise of
new subcategories. Gross margin in the third quarter of 2011 was 14%, as
compared to 14% in the second quarter of 2011 and 25% in the corresponding
period in 2010. The decrease from last year was primarily due to competitive
pricing, changes in product mix with a higher percentage of general
merchandise, and promotional measures, such as using coupons which were
deducted from revenues directly.
Fulfillment expenses which include warehousing, shipping and procurement
team expenses were RMB128.7 million ($20.2 million), representing 14.2% of
total net revenues, compared to 12.6% in the corresponding period in 2010.
The increase was primarily due to the increase in expanding the procurement
team and the rental costs for the new fulfillment centers, as well as
investments in improving customers' shopping experience through faster
delivery services.
Marketing expenses were RMB40.4 million ($6.3 million), representing 4.4% of
total net revenues, compared to 3.9% in the corresponding period in 2010.
The increase was primarily due to the investment in marketing by launching a
branding campaign in tier one cities starting from mid-September.
Technology and content expenses were RMB21.2 million ($3.3 million),
representing 2.3% of total net revenues, compared to 2.9% in the
corresponding period in 2010.
General and administrative expenses were RMB21.0 million ($3.3 million),
representing 2.3% of total net revenues, compared to 2.9% in the
corresponding period in 2010.
Share-based compensation expenses, which were allocated to related expense
line items, were RMB2.3 million ($0.4 million) in the third quarter of 2011,
a 48.9% decrease from RMB4.5 million in the corresponding period in 2010.
Dangdang recorded an operating loss of RMB81.9 million ($12.8 million) in
the third quarter of 2011, as compared with an operating income of RMB18.0
million in the corresponding period in 2010, primarily due to the decrease
in gross profit and the increase in fulfillment and marketing expenses.
Operating loss excluding share-based compensation expenses (non-GAAP) was
RMB79.6 million ($12.5 million), as compared with an operating income
excluding share-based compensation expenses (non-GAAP) of RMB22.4 million in
the corresponding period in 2010.
Income tax expense was RMB24.1 million ($3.8 million), compared to an income
tax benefit of RMB10.4 million for the corresponding period in 2010. It was
primarily due to a valuation allowance of RMB 22.9 million the company
provided against its deferred tax assets.
Net loss was RMB73.4 million ($11.5 million), as compared with a net income
of RMB32.7 million in the corresponding period in 2010, primarily due to the
decrease in gross profit, increase in fulfillment and marketing expenses
and a valuation allowance against its net deferred tax assets.
Net loss excluding share-based compensation expenses (non-GAAP) was RMB71.1
million ($11.1 million), as compared with a net income excluding share-based
compensation expenses (non-GAAP) of RMB37.2 million in the corresponding
period in 2010.
As of September 30, 2011, Dangdang had cash and cash equivalents, short-term
time deposits and held-to-maturity investments of RMB1,551.5 million ($243.
3 million), as compared to RMB1,691.9 million as of December 31, 2010.
Capital expenditures for the third quarter of 2011 were RMB14.5 million ($2.
3 million).
Adjusted EBITDA loss(non-GAAP) in the third quarter of 2011 was RMB72.4
million ($11.3 million), as compared with an adjusted EBITDA income of RMB26
.0 million in the corresponding period in 2010, primarily due to the
decrease in gross profit and the increase in fulfillment and marketing
expenses.
Outlook for Fourth Quarter 2011
Dangdang expects its total net revenues in the fourth quarter of 2011 to be
around RMB1,173 million, representing year-over-year growth of around 65%.
This forecast reflects Dangdang's current and preliminary view, which is
subject to change.
【在 K********g 的大作中提到】
: What Happenned???
: 卖掉了，不赌ER
| t***y
发帖数: 2276 | 6 I bought this loser at $15.
when it got $7.0 recently, some frogs here wanted to buy it, I shout it out:
" watch out!". Hopefully it saved some frog legs. |
|
