Convenience Retail Asia Limited
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Convenience Retail Asia Limited Financial Snapshot
Operating Performance
Fast Facts
The company reported revenues of US$460.13 million
Headquarters Address 12th Floor, LiFung Centre, ,Hong Kong
during 2010, with a CAGR of 12.51% during 2006–
2010. Its revenue grew at an annual rate of 6.47%
Telephone + 852 299 16300
over the previous fiscal year. In 2010, the company
recorded an operating margin of 4.45%, as against
Fax + 852 263 28034 3.17% in 2009.
Website www.cr-asia.com
Revenue and Margins
Ticker Symbol, Stock Exchange 8052, Growth Enterprise Market
Number of Employees 3,710
Fiscal Year End December
Revenue (in US$ million) 460.13
Revenue (in HKD million) 3,575.24
SWOT Analysis Return on Equity
Strengths Weaknesses The company recorded a return on equity (ROE) of
16.05% for 2010, as compared to its peers,
Efficient supply chain management Concentrated operations FamilyMart Co., Ltd. (Ticker: 8028), Dairy Farm
International Holdings Limited (Ticker: D01) and
Seven & I Holdings Co., Ltd. (Ticker: 3382), which
Strong financial performance recorded ROEs of 100.00%, 56.12% and 2.61%
respectively. The company reported an operating
Strong marketing and promotional margin of 4.45% in 2010.
activities
Opportunities Threats Return on Equity
Growth of online retail Increasing competition
Improved convenience stores sales in
Recent government regulations
Asia
New stores openings Rising inflation
Liquidity Position
The company reported a current ratio of 1.03 in 2010,
as compared to its peers, FamilyMart Co., Ltd., Dairy
Farm International Holdings Limited and Seven & I
Holdings Co., Ltd., which recorded current ratios of
1.00, 0.80 and 1.16 respectively. As of December
2010, the company recorded cash and short-term
investments of worth US$67.47 million, against zero
current debt. The company reported a debt to equity
ratio of 0.00 in 2010 as compared to its peers,
FamilyMart Co., Ltd., Dairy Farm International
Holdings Limited and Seven & I Holdings Co., Ltd.,
which recorded debt to equity ratios of 1.00, 0.63 and
0.42 respectively.
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Convenience Retail Asia Limited - SWOT Profile Page 1
Convenience Retail Asia Limited
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview .................................................................................................................................................5
1.2 Business Description ...............................................................................................................................................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 Operational Efficiency ....................................................................................................................................11
2.2.4 Valuation ........................................................................................................................................................12
2.3 Competitive Benchmarking ....................................................................................................................................13
2.3.1 Market Capitalization .....................................................................................................................................13
2.3.2 Efficiency .......................................................................................................................................................14
2.3.3 Valuation ........................................................................................................................................................15
2.3.4 Turnover – Inventory and Asset ....................................................................................................................16
3 SWOT Analysis ...................................................................................................................................... 17
3.1 SWOT Analysis - Overview ...................................................................................................................................17
3.2 Strengths ...............................................................................................................................................................17
3.3 Weaknesses ..........................................................................................................................................................17
3.4 Opportunities .........................................................................................................................................................18
3.5 Threats ...................................................................................................................................................................18
4 Company Statement ............................................................................................................