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Suning.Com Co.,Ltd. (China)

Main Activities: Electronics and Appliance Stores
Full name: Suning.Com Co.,Ltd. Profile Updated: March 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Suning.Com Co., Ltd., located in Nanjing, is a leading company in China's 3C (home appliances, computers, and communications) retail industry. It is one of the "National 15 Large Commercial Enterprise Groups" cultivated by the Ministry of Commerce and is a prominent retail enterprise in China. The company follows a comprehensive development model of "leasing, building, purchasing, and merging," maintaining steady and rapid growth. It has established a chain network that covers six levels of markets, including municipalities, provincial capitals, sub-provincial cities, prefecture-level cities, counties (county-level cities), and developed towns. The company emphasizes the simultaneous expansion of physical and virtual networks. In 2009, Suning.Com Co., Ltd. acquired LAOX in Japan and Laser Electrical Appliances in Hong Kong, entering the Japanese and Hong Kong markets and exploring international operations. The company's brand, "Suning Yi Gou," aims to become China's e-commerce platform. Leveraging its scale purchasing and brand advantages, it shares the company's physical stores, logistics distribution, and after-sales service network to accelerate the construction of a high-level online shopping platform. Since its launch in early 2010, Suning Yi Gou has maintained high-speed development and currently ranks among the top three in China's B2C industry. On February 7, 2018, the company changed its name from "Suning Yunshang Group Co., Ltd." to "Suning Yi Gou Group Co., Ltd."

Headquarters
1-5F Jinshan Bldg. 8 Shanxi Rd. Nanjing Jiangsu
Nanjing; Jiangsu; Postal Code: 210042

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Website: http://www.suning.cn;www.suning.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 15, 1996
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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19.99%
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17.62%
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16.96%
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5.59%
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3.24%
Subsidiaries
Beijing Suning Tesco Sales Co., Ltd.
100%
Guangdong Suning Tesco Sales Co., Ltd.
100%
Jiangsu Suning Logistics Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Suning.Com Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-12.39%
Total operating revenue
-12.62%
Operating profit (EBIT)
54.43%
EBITDA
77.68%
Net Profit (Loss) for the Period
42.38%
Total assets
-18.83%
Total equity
-56.85%
Operating Profit Margin (ROS)
5.28%
Net Profit Margin
3.05%
Return on Equity (ROE)
-6.01%
Debt to Equity Ratio
155.87%
Quick Ratio
-0.08%
Cash Ratio
-0.03%

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