1. China Stocks

  2. •

    Retail trade

  3. •

    Electronics/Appliance stores
China Qidian Guofeng Holdings Limited

China Qidian Guofeng Holdings Limited

HHKEX:1280
2.45
HKD
+0.04
(+1.45%)
6.33BMarket Cap
China Qidian Guofeng Holdings Limited
HKEX:1280
(Hong Kong Exchange)

Recent

price

2.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
36.43
54.09
46.88
54.36
58.02
32.19
17.33
14.49
7.4
3.71
2.33
1.48
1.2
1.46
0.5
0.2
- -
Revenue per Share
1.87
0.3
-4.32
-2.86
0.94
-6.25
-9.05
-7.7
-1.29
-0.86
-0.55
-0.29
-0.62
0.25
-2.52
-0.23
- -
Basic EPS, GAAP
-3.16
-7.42
-7.11
-3.18
-1.64
-3.6
-2.1
-2.67
-2.66
-0.03
-0.04
0.03
-0.15
0.2
-0.05
-0.03
- -
Free Cash Flow per Basic Share
0.83
0.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
20.16
20.32
16.08
13.19
13.88
10.49
3.28
-1.78
-1.53
-2.38
-1.79
-1.6
-2.23
-1.97
0.11
0.07
0.07
Book Value per Share
19.03
18.58
15
12.03
12.4
9.8
2.7
-2.01
-1.78
-2.39
-1.79
-1.61
-2.23
-1.97
-0.06
-0.08
-0.08
Tangible Book Value per Share
49
52
52
52
53
64
80
93
124
127
151
204
219
219
882
1,804
1,858
Basic Weighted Avg Shares
1,784
2,835
2,458
2,849
3,093
2,054
1,384
1,347
921
471
352
301
262
320
442
357
- -
Sales/Revenue/Turnover
8.01
1.82
-8.86
-4.68
4.69
-17.05
-42.09
-22.53
-17.84
-21.22
-19.88
-14.19
-17.32
-8.94
-9.51
-31.21
- -
Operating Margin (%)
16
27
25
32
24
27
26
24
12
30
30
31
25
7
8
11
- -
Depreciation Expense
92
16
-227
-150
50
-399
-723
-716
-161
-109
-83
-60
-137
56
-2,222
-418
- -
Net Income, GAAP
33.05
53.65
- -
- -
44.09
- -
- -
- -
- -
- -
- -
- -
- -
0.15
- -
- -
- -
Effective Tax Rate (%)
5.14
0.55
-9.22
-5.26
1.62
-19.41
-52.22
-53.11
-17.46
-23.12
-23.66
-19.93
-52.13
17.46
-502.65
-117.33
- -
Profit Margin (%)
844
663
890
937
143
59
21
-407
-47
-437
-140
-263
-166
21
-119
-49
-49
Working Capital
- -
- -
479
608
- -
7
7
7
356
110
407
299
442
483
111
82
82
LT Debt
1,072
1,106
883
727
847
777
304
-197
-171
-280
-305
-333
-471
-416
210
136
136
Total Equity
10.26
1.67
- -
- -
4.17
- -
- -
- -
- -
- -
- -
- -
- -
276.14
- -
- -
- -
Return on Invested Capital (%)
10.51
1.63
- -
- -
4.54
- -
- -
- -
- -
- -
- -
- -
- -
232.62
- -
- -
- -
Return on Capital (%)
11.25
1.46
-23.76
-19.52
6.7
-50.9
-138.16
- -
- -
- -
- -
- -
- -
- -
- -
-250.67
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
18
7
8
LT Borrowings
100
130
74
LT Finance Leases
11
11
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,806
1,812
1,931
Market Capitalization
4,259
5,788
5,692

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
135
123
201
Cash, Cash Equivalents & STI
28
25
36
Accounts Receivable, Net
8
21
70
Inventories
45
49
36
Total Current Liabilities
254
232
250
Payables & Accruals
- -
- -
- -
ST Debt
18
7
8
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-31.29%
-29.37%
-35.1%
Free Cash Flow
-130.09%
-265.73%
-4.61%
Net Income, GAAP
-425.28%
-839.94%
-81.17%
Sales/Revenue/Turnover
-12.75%
2.7%
-19.32%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
320
2024
- -
- -
442
2025
- -
- -
357

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.25
2024
- -
- -
-2.52
2025
- -
- -
-0.23

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
Similar Companies
GameStop Corporation (NYSE:GME)
Electronics Mart India Limited (NSE:EMIL)
Best Buy Co., Inc. (NYSE:BBY)
SS Retail Limited (NSE:SSRETAIL)
Com7 Public Co. Ltd. (SET:COM7)
Teknosa Ic ve Dis Ticaret AS (BIST:TKNSA)
Business
China Qidian Guofeng Holdings Limited (1280.HK) is an investment holding company engaged in specialty retail of household appliances, mobile phones, computers, imported and general merchandise, and liquor in the People's Republic of China. The company operates through the Household Appliance Business segment, which includes retail and bulk distribution sales of products such as Midea air-conditioners through a chain of physical stores and online platforms, along with maintenance, installation, and after-sales services; the Liquor Business segment, which focuses on trading of liquor; and the Education Business segment, which provides education-related training services for small and medium-sized enterprises; it also offers logistics, warehouse, and community services. Founded in 1993 and headquartered in Shenzhen with operations primarily in Jiangsu, Anhui, and other regions of China, the company employs approximately 280 people and targets both retailers, distributors, and end consumers. In December 2023, it changed its name from Qidian International Co., Ltd. to its current name; in 2024, it acquired Shengshang Entrepreneurial Services, a training services provider, for HK$340 million via share issuance, which boosted revenue by 38% to 441 million yuan but resulted in a 2.23 billion yuan net loss due to goodwill impairment; in July 2025, it signed a non-binding letter of intent to acquire an undisclosed AI technology company providing AI-driven enablement services for HK$350 million to HK$500 million through new share issuance to support its online-merge-offline consumption platform strategy, with a formal agreement deadline within three months.