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周大福(01929.HK)一季度中國內地同店銷售鋭減50% 預計近11個月主要經營溢利下跌7–9%
格隆匯 04-09 17:04

格隆匯4月9日丨周大福(01929.HK)發佈公告,至2020年3月31日止3個月,2019冠狀病毒(COVID-19)疫情蔓延及宏觀環境波動導致需求疲弱,影響季內中國內地和香港及澳門的業務。中國內地的同店銷售鋭減50%。香港及澳門的同店銷售亦大幅下跌65%。中國內地珠寶鑲嵌首飾的同店銷售於季內下跌50%,而珠寶鑲嵌首飾的零售值則下跌41%。

香港及澳門的珠寶鑲嵌首飾同店銷售於季內亦減少64%,此乃由於消費者抑制消費所致。中國內地珠寶鑲嵌首飾的同店平均售價為6,300港元(2019財政年度第四季度:6,100港元),香港及澳門珠寶鑲嵌首飾的同店平均售價則為11,900港元(2019財政年度第四季度:11,500港元)。

除上述宏觀因素外,金價波動亦令黃金產品銷量下跌,拖低兩大市場的黃金產品同店銷售。然而,中國內地黃金產品的平均售價於季內上升至5,000港元(2019財政年度第四季度:4,700港元),香港及澳門黃金產品的平均售價則為9,800港元(2019財政年度第四季度:8,900港元)。季內國際平均金價較去年同期高21%。

期間中國內地電子商務業務的零售值於季內按年下跌26%,銷量則減少37%。以中國銀聯、支付寶、微信支付或人民幣結算的零售值佔香港及澳門市場總零售值的百分比(即代表內地遊客的銷售貢獻)於季內進一步下跌至30%。

此外,集團季內於中國內地淨增加65個零售點,當中除完成收購後增加的59個ENZO零售點外,還包括淨開設11個周大福珠寶零售點(淨關閉7個直營店及淨開設18個加盟店),及淨關閉2個SOINLOVE零售點、1個MONOLOGUE零售點、1個TMARK零售點及1個周大福鐘錶零售點。在香港、澳門及其他市場,集團關閉4個位於香港的周大福珠寶零售點。於2020年3月31日,集團共有3,850個零售點。

公司稱,根據最近期管理賬目及集團目前掌握的資料,集團截至2020年2月29日止11個月的未經審核營業額及主要經營溢利分別下跌11–13%及7–9%。2020年2月29日的存貨結餘較2019年3月31日的水平高出約15%。

集團預期短期內存貨量將維持在高於正常的水平。於2020年3月31日,集團持有的未償還黃金借貸按重量及金額計算分別較去年增加約15%及40%。集團仍在考量黃金借貸未變現虧損的影響。然而,有關未變現虧損屬非現金性質,應不會對集團的現金流量造成任何重大影響。

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