Zibuyu Group Ltd 2023 AR2

The report highlights Zibuyu Group Limited's performance for the fiscal year 2023, during which the company maintained a stable revenue of approximately RMB 3,000.3 million despite global economic challenges. To optimize operational efficiency, the company undertook a strategic inventory clearance of slow-moving stock, resulting in a net loss of RMB 265.8 million but achieving a healthy net operating cash inflow of RMB 76.7 million. Zibuyu continued its digital transformation, expanded its brand matrix with top ten brands growing by over 15% year-on-year, and restructured its supply chain to enhance product innovation.

Company: Zibuyu Group Ltd

Sector: Consumer Discretionary

Country: China

Year: 2023

Type: AR2

Pages: 296

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Zibuyu Group Ltd

Zibuyu Group Ltd 2023 Annual Report

Annual Report

The report highlights Zibuyu Group Limited's performance for the fiscal year 2023, during which the company maintained a stable revenue of approximately RMB 3,000.3 million despite global economic challenges. To optimize operational efficiency, the company undertook a strategic inventory clearance of slow-moving stock, resulting in a net loss of RMB 265.8 million but achieving a healthy net operating cash inflow of RMB 76.7 million. Zibuyu continued its digital transformation, expanded its brand matrix with top ten brands growing by over 15% year-on-year, and restructured its supply chain to enhance product innovation.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English, Chinese

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Water Consumption

Total Waste

Workplace Fatalities

Employees