Guangzhou Grandbuy Co., Ltd. Class A
SSZSE:0021875.32
CNY
+0.11
(+2.11%)
ISIN
CNE100000841
Return %
Stock
S&P 500
1Y
-20.72
13.14
3Y
-11.77
80.78
5Y
-32.40
67.74
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Quarterly Revenue
CNY
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in mil. unless spec.Quarterly Earnings Per Share
CNY
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Jin Song Cai
- Full Time Employees
- 2,297
- Sector
- Retail trade
- Industry
- Department stores
- Address
- No. 12, Xihu Road Guangzhou GD China 510030
- IPO Date
- Nov 23, 2007
- Website
- grandbuy.com.cn
- Similar Companies
- Business
- Guangzhou Grandbuy Co., Ltd. engages primarily in the operation of department stores and retail services in China, focusing on Guangdong and Hainan provinces. Founded in 2002 and headquartered in Guangzhou, the company operates a diversified retail portfolio including department stores, supermarkets, specialty stores, electrical chain stores, discount stores, and shopping centers. The company also operates online shopping platforms and engages in joint sales, purchase and sale business, property leasing, car park management, logistics, warehousing, and catering services. Guangzhou Grandbuy is a core enterprise of Guangzhou Lingnan Operation and Tourism Investment Group Co., Ltd. The company's business model covers omni-channel retailing with multiple brands, business formats, and customer touchpoints. It serves a broad customer base across China, contributing to the retail ecosystem with products ranging from fashion, cosmetics, general merchandise, to consumer electronics. Recent major developments include Guangzhou Grandbuy's strategic investment as a 19.5% stakeholder in CTG DUTY-FREE (Guangzhou) Co., Ltd. with partners CTG Duty-Free, LN Holdings, and GBIAC. This joint venture aims to tap into Guangzhou's downtown duty-free market, aligning with governmental policies promoting retail and tourism integration. Financially, the company recorded sales of approximately CN¥5.53 billion in 2024 with a net income increase and improved profitability metrics compared to previous years, despite fluctuations in stock prices. Guangzhou Grandbuy continues to expand its commercial footprint and retail formats, bolstering its position as a leading commercial and retail enterprise in South China and a flagship in Guangzhou's international consumer market development. The company holds significant honors including China’s top 100 retail enterprises and chain enterprises status, "Green Shopping Mall," and awards from the Ministry of Commerce recognizing its active role in consumer support and service excellence. It employs over 2,800 staff and manages a total operation area exceeding 210,000 square meters across its chain stores. These comprehensive operations position Guangzhou Grandbuy as a prominent player in the "Big Commerce" sector and a major contributor to Guangzhou’s retail industry ecosystem.