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yinchuan xinhua commercial-a (600785) Details

Yinchuan Xinhua Commercial (Group) Co., Ltd. engages in commercial retail business in China. It operates department stores, supermarket chains, electronic chains, hypermarkets, convenience stores, etc., which offer stationery, sporting goods, office supplies, cosmetics, washing products, clothing, shoes, textiles, hardware, computer materials, household appliances, alcohol, tobacco, non-staple food, furniture, jewelry, watches, and arts and crafts. The company operates 242 stores under the Qinghai Xin Bai, Gansu Xin Bai, Xin Bai Bai Huo, Xin Bai Lian Chao, Xin Bai Electric Appliances, and Xin Bai Logistics brands located in the central business district of Ningxia and other provinces. It also engages in leasing business. The company was formerly known as Yinchuan Xinhua Department Store Co., Ltd. The company is based in Yinchuan, China. Yinchuan Xinhua Commercial (Group) Co., Ltd. is a subsidiary of Wu Mei Holdings Group Co., Ltd.

8,262 Employees
Last Reported Date: 02/3/16

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yinchuan xinhua commercial-a (600785) Key Developments

Yinchuan Xinhua Commercial (Group) Co., Ltd. Reports Earnings Results for the First Half Year of 2016

Yinchuan Xinhua Commercial (Group) Co., Ltd. reported earnings results for the first half year of 2016. For the period, the company reported basic earnings per share of CNY 0.1683 and weighted average return on net assets of 2.03%.

Yinchuan Xinhua Commercial (Group) Co., Ltd., Board Meeting, Jul 28, 2016

Yinchuan Xinhua Commercial (Group) Co., Ltd., Board Meeting, Jul 28, 2016. Agenda: To discuss and approve the full text of semi-annual report of 2016 and its abstract; to consider the proposal of merger of subsidiary Yinchuan Xinhua Commercial Laodalou Co., Ltd; and to consider the proposal of providing loan for its subsidiary Qinghai Xinhua Department Store Commerce Co., Ltd.

Yinchuan Xinhua Commercial (Group) Co., Ltd. to Report First Half, 2016 Results on Jul 30, 2016

Yinchuan Xinhua Commercial (Group) Co., Ltd. announced that they will report first half, 2016 results on Jul 30, 2016


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Valuation 600785 Industry Range
Price/Earnings 100.0x
Price/Sales 0.8x
Price/Book 3.3x
Price/Cash Flow 120.7x
TEV/Sales 0.7x

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