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Tonghua Grape Wine Co.,Ltd (China)

Main Activities: Wineries
Full name: Tonghua Grape Wine Co.,Ltd Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Tonghua Grape Wine Co., Ltd is a company located in Tonghua that specializes in the production and sale of grape wine. The company has been facing increased competition in the wine industry due to the economic downturn and consumer spending constraints. Additionally, the growing import of wine has also impacted the market, resulting in a continuous squeeze on the company's survival space. As a result, the company has experienced a significant decrease in sales and a shortage of operating funds. To address these challenges, the company is actively mobilizing resources and focusing on market promotion. They are also exploring non-public stock issuance and other financing channels to improve cash flow and strengthen their management practices.

Headquarters
28 Qianxing Rd. Tonghua Jilin
Tonghua; Jilin; Postal Code: 134002

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Website: http://www.tonhwa.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:
April 26, 1997
Key Executives
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Director
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Director
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Director
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Deputy General Manager
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Deputy General Manager
Ownership Details
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10.08%
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5.31%
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4.68%
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1.86%
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1.81%
Subsidiaries
Admiring Saga International Wine (Beijing) Co., Ltd.
100%
Beijing Jiujie Network E-Commerce Co., Ltd.
100%
Beijing Jiurunyuan Electronic Commerce Co., Ltd.
100%
Company Performance
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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
17.38%
Total operating revenue
17.38%
Operating profit (EBIT)
-62.36%
EBITDA
-146.15%
Net Profit (Loss) for the Period
-196.03%
Total assets
7.79%
Total equity
-12.88%
Operating Profit Margin (ROS)
-1.43%
Net Profit Margin
-7.4%
Return on Equity (ROE)
-16.59%
Debt to Equity Ratio
-0.73%
Quick Ratio
0.04%
Cash Ratio
-0.02%

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