Pathfinder: The outdoor industry will enter the deepening adjustment phase

Pathfinder: Outdoor industry will enter deepening adjustment phase Date: 2016-02-22 19:01

Pathfinder recently held an analyst meeting. According to the investor relations records, while listening to the company's detailed introduction of its ski resort operations, 2015 performance, and other relevant content, dozens of agencies involved in the survey have paid special attention to the development trend of the entire outdoor industry.

The company stated that in view of the fact that the retail sales growth rate of outdoor products industry in 2014 is about 10%, the outdoor industry has shifted from the past high-speed growth phase to the continuous deepening and health adjustment phase. Given that the current domestic economic environment and the trend of consumer warming are still unclear, it is expected that this trend of deepened consolidation will continue for some time.

For the future overall development direction of the outdoor industry, the company firmly believes that the current national policy support, the whole society's promotion of a low-carbon and environmentally friendly healthy lifestyle, the level of awareness of outdoor participation in outdoor sports and the level of participation in outdoor sports are increasing year by year. Under the big background, China's outdoor products industry will begin to slowly emerge from the primary stage of shoe-wear-oriented, into the connotative growth stage led by outdoor culture, market segments, and specialization.

As for the company's future development direction, the company proposes to further strengthen the market share by strengthening product research and development, innovating product categories, tapping market segments, and upgrading and improving the operation management system. In addition, the company’s first dome ski resort has officially opened since late January 2016. In the future, it will continue to strengthen business investment on the basis of the first ski resort construction and operation experience.

In terms of specific results, the company's overall revenue in 2015 was approximately 3.76 billion yuan, an increase of nearly 120%. Travel service sector revenue accounted for approximately 52% of the company's total revenue, and outdoor supplies sector accounted for approximately 48%. Net profit decreased slightly from the same period of last year. In terms of specific figures, the company’s outdoor supplies segment achieved a total operating revenue of approximately 1.806 billion yuan, an increase of approximately 5.71%; travel services sector revenue of approximately 1.954 billion yuan, affecting the company’s overall consolidated net profit of approximately -2000% during the reporting period. Ten thousand yuan.

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