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1280 On Other Exchanges
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huiyin smart community co lt (1280) Snapshot

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huiyin smart community co lt (1280) Details

Huiyin Smart Community Co., Ltd., an investment holding company, engages in the retail and bulk distribution sale of household appliances in the People’s Republic of China. The company is also involved in franchise operations; and the provision of consumer services, including after-sale and logistics management services for household appliances. As of December 31, 2014, it had an integrated retail network of 116 stores, including 43 self-operated stores and 73 franchised stores in the 20 cities/districts of Jiangsu and Anhui Provinces. In addition, the company offers agency services for the sale of lotteries; and logistics and warehouse services. Further, it engages in the online sale of household appliances and other merchandise; trading of food and other merchandise; bulk distribution sale of food and general merchandise; development of lottery sale systems; and provision of Internet financial information services. The company was formerly known as Huiyin Household Appliances (Holdings) Co., Ltd. and changed its name to Huiyin Smart Community Co., Ltd. in July 2015. Huiyin Smart Community Co., Ltd. was founded in 2002 and is headquartered in Yangzhou, the People’s Republic of China.

944 Employees
Last Reported Date: 08/10/15
Founded in 2002

huiyin smart community co lt (1280) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: CNY1.8M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY894.0K
Executive Director and Member of Nomination C...
Total Annual Compensation: CNY313.0K
Executive Director
Total Annual Compensation: CNY268.0K
Executive Director
Total Annual Compensation: CNY157.0K
Compensation as of Fiscal Year 2014.

huiyin smart community co lt (1280) Key Developments

Huiyin Household Appliances (Holdings) Co., Ltd. Reports Un-Audited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Huiyin Household Appliances (Holdings) Co., Ltd. reported un-audited consolidated earnings results for the six months ended June 30, 2015. For six months, the company reported revenue of RMB 1,222,054,000 compared to RMB 1,538,339,000, operating profit of RMB 107,705,000 compared to RMB 104,471,000, profit before income tax of RMB 85,174,000 compared to RMB 76,793,000 and profit attributable to equity holders of the company of RMB 55,361,000 or 4.55 RMB cents per diluted share compared to RMB 41,321,000 or 3.24 RMB cents per diluted share for the last year. During the period under review, due to the impact of macro-economic slowdown and declining demand in the household appliances consumer market, the group's revenue decrease approximately 20.6% from the same period of 2014. During the period under review, net cash outflow from operating activities of the group amounted to approximately RMB 156.6 million as compared to approximately RMB 29.9 million for the same period in 2014. The higher net cash outflow was mainly due to the decrease of advances from customers.

Huiyin Household Appliances (Holdings) Co., Ltd. has Changed its Name to Huiyin Smart Community Co., Ltd

On July 16, 2015, Huiyin Household Appliances (Holdings) Co., Ltd. changed its name to Huiyin Smart Community Co., Ltd.

Huiyin Household Appliances (Holdings) Co., Ltd. to Report First Half, 2015 Results on Aug 10, 2015

Huiyin Household Appliances (Holdings) Co., Ltd. announced that they will report first half, 2015 results on Aug 10, 2015

 

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Valuation 1280 Industry Range
Price/Earnings 9.5x
Price/Sales 0.2x
Price/Book 0.6x
Price/Cash Flow 10.8x
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