Listed furniture enterprises in China did well in 2016 Q1
Coming into 2016, a number of home furnishing enterprises with great enthusiasm are lining up to wait for listing in China. Well, how are things with those listed enterprises?
Coming into 2016, a number of home furnishing enterprises with great enthusiasm are lining up to wait for listing in China. Well, how are things with those listed enterprises? Let's see.
Comparison of performance of listed furniture enterprises in 2016 Q1
(Partly)
Name of company |
曲美家居 Qumei Household |
美克家居 Markor Furnishings |
索菲亚 Suofeiya |
好莱客 Holike |
Operating revenue (hundred million yuan) |
2.49 |
6.92 |
6.43 |
1.94 |
Year-on-year growth |
22.70% |
9.2% |
46.21% |
22.21% |
Net profit (ten thousand yuan) |
1569.86 |
4285 |
5262.33 |
1379.22 |
Year-on-year growth |
148.91% |
3.1% |
46.57% |
170.62% |
As shown in this form, Markor Furnishings ranks top with the business revenue of 692 million yuan in Q1, a 9.2 % increase year on year; Suofeiya ranks top 2 with 643 million yuan. However, though weak in business revenue, Qumei Household and Holike have a high growth rate, 22.70% and 22.21% increase year-on-year respectively in Q1 due to increasing sales orders.
With regard to the growth rate of revenue, Suofeiya heads the list in these four categories, mainly attributing to company's continuous advertising, marketing campaigns cooperated with distributors in various regions as well as company's intelligent, automatic and digital transformation due to layout of e-commerce channel and building of digital production, management, marketing and decision system.
In respect of net profit, Suofeiya's amount tops the list, while Holike's growth rate stands first on the list. This is because a small base of net profit in the same period of last year, the growth range of net profit is significantly higher than that of operating revenue in this report period under the joint effect of scale effect and increasing gross margin.
(Source: JJGLE.COM)
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