Hunan Friendship & Apollo Commercial Co., Ltd. Class A

Hunan Friendship & Apollo Commercial Co., Ltd. Class A

SSZSE:002277
4.80
CNY
+0.15
(+3.23%)
8.21BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.43
5.37
5.51
4.95
5.18
5.17
4.49
1.68
1.86
1.32
0.97
0.93
0.72
- -
Basic EPS, GAAP
0.37
0.31
0.27
0.24
0.4
0.32
0.23
0.1
0.09
0.02
0.04
0.02
-0.24
- -
Free Cash Flow per Basic Share
-0.07
-1.32
-2.24
-0.13
-0.3
-0.31
-0.41
-0.04
0.3
0.2
0.24
0.17
0.13
- -
Dividend per Share
0.06
0.09
0.19
0.2
0.18
0.22
0.23
0.23
0.21
0.18
0.17
0.19
0.16
0.11
Book Value per Share
2.38
2.62
2.86
3.48
4.6
4.72
4.89
4.9
4.72
4.76
4.79
4.83
4.54
4.64
Tangible Book Value per Share
2.07
2.03
2.28
3.11
4.19
4.41
4.61
4.65
4.5
4.55
4.59
4.63
4.35
4.49
Basic Weighted Avg Shares
1,118
1,125
1,132
1,264
1,406
1,400
1,395
1,390
1,391
1,377
1,389
1,401
1,394
1,394
Sales/Revenue/Turnover
6,075
6,045
6,238
6,265
7,284
7,242
6,266
2,329
2,585
1,813
1,342
1,297
1,003
- -
Operating Margin (%)
8.46
7.55
7.1
4.93
5.98
5.26
3.22
1.61
4.95
-1.8
-2.63
-2.07
-15.02
- -
Depreciation Expense
84
101
121
175
200
212
221
224
330
345
329
354
324
- -
Net Income, GAAP
411
352
310
299
565
454
317
139
131
33
49
28
-335
- -
Effective Tax Rate (%)
25.12
28.96
28.11
37.43
19.16
23.69
34.91
95.42
32.06
76.25
6.76
61.35
- -
- -
Profit Margin (%)
6.77
5.83
4.97
4.78
7.76
6.26
5.05
5.97
5.06
1.82
3.62
2.16
-33.37
- -
Working Capital
25
-800
-423
1,086
844
765
-1,044
-1,078
-922
-1,138
-1,570
-2,411
-2,756
-2,732
LT Debt
4
164
1,777
1,899
2,268
2,671
1,423
2,633
3,231
3,039
2,465
2,074
1,858
1,863
Total Equity
3,087
3,521
3,777
5,662
7,468
7,553
7,550
7,411
6,920
6,878
6,885
6,920
6,481
6,617
Return on Invested Capital (%)
13.79
9.55
5.86
3.04
5.89
3.54
1.67
0.04
0.59
0.03
0.21
0.04
- -
- -
Return on Capital (%)
14.58
10.99
6.83
5.41
7.25
5.95
4.76
2.19
3
1.1
2.9
1.4
- -
- -
Return on Common Equity (%)
16.69
12.51
10.01
7.34
9.88
6.87
4.69
2.04
1.95
0.5
0.73
0.42
-5.12
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,802
3,780
3,769
LT Borrowings
531
514
561
LT Finance Leases
1,327
1,346
1,302
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,394
1,394
1,394
Market Capitalization
9,703
7,947
8,212

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,630
2,598
2,593
Cash, Cash Equivalents & STI
164
134
102
Accounts Receivable, Net
9
11
11
Inventories
2,121
2,110
2,090
Total Current Liabilities
5,386
5,370
5,325
Payables & Accruals
- -
- -
- -
ST Debt
3,802
3,780
3,769
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.81%
-2.59%
-6.34%
Free Cash Flow
-84.12%
-171.1%
-25.15%
Net Income, GAAP
-139.11%
-274.08%
-1,294.39%
Sales/Revenue/Turnover
-13.11%
-14.18%
-22.71%
Total Cash Common Dividend
- -
-6.7%
-14.78%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
338
275
348
336
1,297
2025
290
236
- -
258
1,003
2026
208
202
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.03
0.01
-0.06
0.02
2025
0.03
0.01
- -
-0.29
-0.24
2026
0.03
0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.04
0.05
0.05
0.19
2025
0.05
0.03
- -
0.03
0.16
2026
0.04
0.03
- -
- -
- -

Company Description

CEO
Shuo Hu
Full Time Employees
1,773
Sector
Retail trade
Industry
Department stores
Address
Youa Headquarters Office Building Changsha HU China 410001
IPO Date
Jul 21, 2009
Business
Hunan Friendship & Apollo Commercial Co., Ltd. (002277.SZ) operates as a leading regional retailer in China, primarily engaged in department store retailing and diversified commercial operations. Founded in June 2004 and headquartered in Changsha, Hunan province, the company manages a range of retail formats including department stores, outlets, shopping centers, convenience stores, specialty stores, and online shopping platforms; these outlets offer cosmetics, perfumes, household products, decorations, apparel, accessories, footwear, bags, children's clothing, toys, sports and leisure goods, stationery, teas, pharmaceuticals, household appliances, air conditioners, audio-video electronics, and communication devices. It primarily serves consumers in Hunan province, with Changsha as its core market, and extends into accommodation, catering, and logistics services. In recent developments, the company advances plans to acquire 100% equity in Shenzhen Shangyangtong Technology Co., Ltd. (also referred to as Sanrise Tech) for approximately 1.6 billion yuan through share issuance and cash, alongside raising supporting funds, positioning Shangyangtong as a wholly-owned subsidiary pending regulatory approvals. It pursues strategic expansions such as a joint venture, Hunan Youhe Commercial Management Co., Ltd., with Hunan Bahe Jiu Sheng Commercial Management Co., Ltd. for 100 million yuan investment in commercial management, including a significant 80,012.63 square meter property lease in Changsha's Furong District; additionally, it signed a strategic cooperation framework with Changsha State Control Capital and Tsinghua University Electronic Institute to establish a semiconductor hub. The company also disclosed a 12.63% equity stake in Foshan Longshen Siasun Robot & Automation Co., Ltd., focused on industrial robotics and intelligent manufacturing, without direct operational involvement, and announced a private placement of shares in December 2024 priced at no less than 80% of the 20-day average prior to the reference date. These initiatives reflect a shift toward technology investments and asset acquisitions amid ongoing retail operations.