Xinji Shaxi Group Co., Ltd.
HHKEX:36030.08
HKD
+0.01
(+10.14%)
ISIN
KYG9830L1032
CUSIP
G9830L103
Return %
Stock
S&P 500
1Y
58.33
14.20
3Y
-66.67
81.12
5Y
-92.16
68.34
Capital Structure
CNY
•
in mil. unless spec.Working Capital
CNY
•
in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Semi-annual Revenue
CNY
•
in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Hon Chuen Cheung
- Full Time Employees
- 259
- Sector
- Finance
- Industry
- Real estate development
- Address
- Xinjicheng Club Guangzhou GD China
- IPO Date
- Nov 8, 2019
- Website
- xjsx.net.cn
- Similar Companies
- Business
- Xinji Shaxi Group Co., Ltd Xinji Shaxi Group Co., Ltd (3603.HK) is an investment holding company that operates and manages specialized shopping malls for hospitality supplies and home furnishings in the People's Republic of China. The company owns and operates five key shopping malls, including Xinji Shaxi Hospitality Supplies Expo Center, Xinji Hotelex Hospitality Supplies Center, and Xinji Shaxi Hospitality Supplies Expo Center (Shenyang) for hospitality supplies such as glass and stainless-steel products, beverage essentials, kitchen supplies, room supplies, bakery essentials, textiles, electrical appliances, and utensils; and Xinji Dashi Home Furnishings Center and Xinji Shaxi Home Furnishings Expo Center (Shenyang) for office and home furniture, decorations, and construction materials. It generates revenue primarily from rental income, property management services including pre-sale management and value-added services for tenants, developers, and property owners, sales of hospitality and home furnishing products through its online shopping mall, subleasing of apartments such as Yuanyang Bangshe, and exhibition management services for events like HOSFAIR. The company's operations focus on the real estate services sector, serving B2B hospitality businesses, retailers, commercial, and household customers primarily in Guangdong Province (Guangzhou and Panyu areas) and Liaoning Province (Shenyang), with a total gross floor area exceeding 360,000 sq.m. across its portfolio and approximately 260 employees as of late 2024. Founded in 2002 and headquartered at 1st Floor, Xinjicheng Club, No. 250 Intersection of Nanda Road, Panyu District, Guangzhou, PRC, with registered office in the Cayman Islands, Xinji Shaxi Group listed on the Hong Kong Stock Exchange in November 2019. In recent developments, the company completed acquisitions of Guangzhou Xinji Youxiang Property Co., Ltd. and Foshan Xinji Youxiang Commercial Service Co., Ltd. in June 2022 to expand property management for commercial complexes including Xiajiao, Shangjiao, Yuedao, and Longmei projects; entered sublease and sub-sublease agreements in December 2021 for Yuanyang Bangshe apartments spanning 34,394 sq.m. through 2036; repurchased and cancelled 7,056,000 shares in April 2024; and appointed Mr. Zhao Hui as non-executive director on 1 November 2024 while Mr. Yu Xuecong resigned on the same date. For FY2024 ended 31 December 2024, revenue totaled RMB254.8 million with core net profit of RMB73.8 million, reflecting stable operations amid economic challenges, alongside ongoing utilization of IPO proceeds for e-commerce platform development and general working capital extended to 2027.