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wumart stores inc-h (1025) Details

Wumart Stores, Inc., together with its subsidiaries, operates and manages retail chains of superstores and mini-marts in Beijing, Tianjin, Zhejiang province, and Hebei province. Its brands primarily include Wumart Hypermarket, Wumart Everyday Shops, Wumart Minimarts, Merry Mart, Jingbei Shopping Mall, Aoshikai Wumart, Zhejiang Gongxiao Supermarket, and Huzhou Laodafang Supermarket. As of December 31, 2014, the company had a retail network of 565 stores comprising 168 superstores and 397 mini-marts. It is also involved in the wholesale of home appliances; and operation of logistics. The company is headquartered in Beijing, the People’s Republic of China.

28,578 Employees
Last Reported Date: 04/8/15

wumart stores inc-h (1025) Top Compensated Officers

President, Chief Financial Officer, Executive...
Total Annual Compensation: CNY1.0M
Senior Vice President, General Manager of Wum...
Total Annual Compensation: CNY1.0M
Senior Vice President and Executive Director
Total Annual Compensation: CNY1.0M
Vice President, General Manager of Fresh Busi...
Total Annual Compensation: CNY914.0K
Compensation as of Fiscal Year 2014.

wumart stores inc-h (1025) Key Developments

Wumart Stores Inc. Announces Audited Consolidated Cash Flow Results for the Full Year Ended December 31, 2014

Wumart Stores Inc. announced audited consolidated cash flow results for the full year ended December 31, 2014. For the year, the company reported net cash generated by operating activities of RMB 958,244,000 compared to net cash generated by operating activities of RMB 1,558,969,000 for the same period a year ago. Purchases of property, plant and equipment was RMB 404,053,000 compared to RMB 707,964,000 last year.

Wumart Stores Inc. Announces Audited Consolidated Earnings Results for the Full Year Ended December 31, 2014

Wumart Stores Inc. announced audited consolidated earnings results for the full year ended December 31, 2014. For the year, the company reported revenue of RMB 18,902,300,000 compared to RMB 16,988,172,000 a year ago. Profit before tax was RMB 556,670,000 compared to RMB 716,347,000 a year ago. Total profit and other comprehensive income for the year attributable to owners of the company was RMB 394,783,000 compared to RMB 459,031,000 a year ago. Basic earnings per share were RMB 0.31 compared to RMB 0.36 a year ago. The Group recorded a total revenue of approximately RMB 21,637,563,000, representing an increase of 13.6% compared to RMB 19,054,646,000 for the same period in 2013. The growth in total revenue was attributable to total revenue growth driven by newly opened stores; Increase in sales revenue as a result of enhancement of the brand image of good quality and low price by offering general discount incentives and selecting quality merchandises; Increase in rental income due to improvement of store image by standardizing the operation and introducing brand suppliers into the leasing area of the stores; the Group’s comparable store sales growth of 4.36% during the reporting period.

Wumart Stores Inc., Board Meeting, Mar 10, 2015

Wumart Stores Inc., Board Meeting, Mar 10, 2015., at 10:30 China Standard Time. Agenda: To consider and approve the audited consolidated financial statements of the company and its subsidiaries for the year ended 31st December, 2014 and to approve the announcement of the company's 2014 annual results to be published on the website of the Stock Exchange of Hong Kong Limited and the company; to consider the payment of final dividends, if any; to consider the closure of the register of members of the Company, if necessary; and to transact any other business.

 

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