SHANGHAI - Baozun (NASDAQ:BZUN) Inc. (NASDAQ:BZUN and HKEX:9991), a prominent e-commerce solutions provider in China, announced the appointment of Ms. Catherine Zhu as Chief Financial Officer. The transition, effective immediately, sees Mr. Arthur Yu, the previous CFO since 2020, concentrate on his role as President of Baozun E-commerce (BEC).
Vincent Qiu, CEO of Baozun, expressed confidence in Zhu's capabilities, citing her extensive financial management background and familiarity with the company's operations and culture. Zhu, who has been with Baozun since 2020, has risen through the ranks to become Vice President of Finance. Her previous experience includes key finance roles at various firms and an early career as an Audit Manager at KPMG Shanghai.
Arthur Yu praised Zhu's progression within Baozun and expressed eagerness to focus on the growth of BEC. Zhu's appointment is part of Baozun's strategy to bolster leadership and pursue business diversification.
Baozun, established in 2007, offers brand management and digital commerce services to over 450 brands worldwide. The company operates three main business lines: Baozun e-Commerce, Baozun Brand Management, and Baozun International. Baozun aims to drive high-quality, sustainable growth, leveraging technology to empower its clients' businesses.
This article is based on a press release statement from Baozun Inc .
InvestingPro Insights
As Baozun Inc. (NASDAQ:BZUN and HKEX:9991) welcomes Ms. Catherine Zhu as its new Chief Financial Officer, the company's financial health remains an essential factor for investors. Based on the latest InvestingPro data, Baozun is currently trading at an attractive valuation. The company has a Price-to-Earnings (P/E) ratio of 8.58, which is considered low relative to its near-term earnings growth, indicating that the stock could be undervalued.
InvestingPro Tips for Baozun highlight the company's position as a prominent player in the Trading Companies & Distributors industry and its track record of maintaining dividend payments for 31 consecutive years, which could be appealing to income-focused investors. The company also operates with a moderate level of debt and has been profitable over the last twelve months, providing a measure of financial stability.
Key financial metrics for Baozun as of the last twelve months include a revenue growth of 7.8%, a gross profit margin of 16.8%, and an EBITDA growth of 32.5%. These figures suggest that the company is not only growing its top line but also improving its profitability and operational efficiency.
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