Wuhan Zhongnan Commercial Group Co., Ltd
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Wuhan Zhongnan Commercial Financial Snapshot
Group Co., Ltd Operating Performance
Fast Facts The company reported revenue of US$546.28 million
during the fiscal year 2010 (2010). The company's
No. 9 Zhongnan Road, Wuhan, revenue grew at a CAGR of 14.94% during 2006–
Headquarters Address
430071,People's Republic of China 2010, with an annual growth of 11.10% over 2009. In
2010, the company recorded an operating margin of
Telephone + 86 27 87362507
2.60%, as against 1.95% in 2009.
Fax + 86 27 87307723
Revenue and Margins
Website www.zhongshang.com.cn
Ticker Symbol, Stock Exchange 000785, Shenzhen Stock Exchange
Number of Employees 7,460
Fiscal Year End December
Revenue (in US$ million) 546.28
Revenue (in CNY million) 3,703.80
Return on Equity
The company recorded a return on equity (ROE) of
10.07% for 2010, as compared to its peers, Yunnan
Baiyao Group Co., Ltd. (Ticker: 000538), WUHAN
DEPARTMENT STORE GROUP CO.LTD. (Ticker:
000501) and Shanghai Yuyuan Tourist Mart Co., Ltd
(Ticker: 600655), which recorded ROEs of 20.98%,
17.16% and 14.72% respectively. The company
reported a net profit margin of 2.60% in 2010.
Return on Equity
Liquidity Position
The company reported a current ratio of 0.89 in 2010,
as compared to its peers, Yunnan Baiyao Group Co.,
Ltd., WUHAN DEPARTMENT STORE GROUP
CO.LTD. and Shanghai Yuyuan Tourist Mart Co., Ltd,
which recorded current ratios of 2.10, 0.55 and 1.71
respectively. As of December 2010, the company
recorded cash and short-term investments of worth
US$102.21 million, against zero current debt. The
company reported a debt to equity ratio of 1.37 in
2010 as compared to its peers, Yunnan Baiyao Group
Co., Ltd., WUHAN DEPARTMENT STORE GROUP
CO.LTD. and Shanghai Yuyuan Tourist Mart Co., Ltd,
which recorded debt to equity ratios of 0.09, 0.71 and
0.83 respectively.
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Wuhan Zhongnan Commercial Group Co., Ltd - Page 1
Company Capsule
Wuhan Zhongnan Commercial Group Co., Ltd
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Major Products and Services .................................................................................................................................5
2 Analysis of Key Performance Indicators ............................................................................................... 6
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................6
2.2 Key Financial Performance Indicators ...................................................................................................................9
2.2.1 Revenue and Operating Profit ...........................................................................................................................9
2.2.2 Asset, Liabilities and Capex .............................................................................................................................10
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................11
2.2.4 Solvency ..........................................................................................................................................................12
2.2.5 Valuation ..........................................................................................................................................................13
2.3 Competitive Benchmarking ..................................................................................................................................14
2.3.1 Market Capitalization .......................................................................................................................................14
2.3.2 Efficiency ..........................................................................................................................................................15
2.3.3 Capital Expenditure .....................................................................................................................