1. China Stocks

  2. •

    Retail trade

  3. •

    Food retail
Chengdu Hongqi Chain Co., Ltd. Class A

Chengdu Hongqi Chain Co., Ltd. Class A

SSZSE:002697
4.61
CNY
+0.05
(+1.10%)
5.66BMarket Cap
Oct 24Next 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
3.32
3.64
3.98
4.82
5.05
5.37
5.76
6.63
6.8
7.43
7.4
7.38
6.96
- -
Basic EPS, GAAP
0.12
0.13
0.13
0.11
0.12
0.24
0.38
0.37
0.35
0.36
0.41
0.38
0.35
- -
Free Cash Flow per Basic Share
0.08
0.15
-0.43
-0.07
0.28
0.42
0.08
0.26
0.66
1.05
0.86
0.85
0.85
- -
Dividend per Share
0.05
0.03
0.04
- -
0.02
0.03
0.05
0.09
0.16
0.01
0.44
0.12
0.11
- -
Book Value per Share
1.31
1.4
1.5
1.6
1.71
1.92
2.25
2.51
2.71
3.05
3.02
3.28
3.52
3.61
Tangible Book Value per Share
1.3
1.39
1.15
1.3
1.44
1.69
2.04
2.33
2.56
2.93
2.93
3.21
3.47
3.56
Basic Weighted Avg Shares
1,335
1,310
1,379
1,312
1,374
1,345
1,358
1,365
1,375
1,349
1,369
1,371
1,373
1,376
Sales/Revenue/Turnover
4,437
4,764
5,486
6,322
6,939
7,220
7,823
9,053
9,351
10,020
10,133
10,123
9,556
- -
Operating Margin (%)
3.15
2.88
3.07
2.3
3.84
4.83
5.01
5.22
5.19
5.14
5.38
5.28
5.67
- -
Depreciation Expense
55
50
72
114
136
139
135
135
700
797
787
784
703
- -
Net Income, GAAP
157
170
179
144
165
323
516
505
481
486
561
521
481
- -
Effective Tax Rate (%)
14.96
15.4
17.1
17.73
22.85
13.59
9
12.24
12.77
12.59
13.23
13.33
26.94
- -
Profit Margin (%)
3.54
3.57
3.27
2.28
2.38
4.47
6.6
5.58
5.15
4.85
5.54
5.15
5.03
- -
Working Capital
988
1,127
406
21
312
646
930
619
612
1,164
1,069
1,549
1,940
2,023
LT Debt
- -
- -
- -
- -
- -
- -
- -
753
890
663
508
435
276
253
Total Equity
1,782
1,910
2,036
2,180
2,319
2,615
3,058
3,419
3,684
4,151
4,111
4,464
4,788
4,910
Return on Invested Capital (%)
8.18
8.46
8.31
5.26
6.7
11.8
17.3
12.33
9.38
9.16
10.64
9.89
8.96
- -
Return on Capital (%)
8.07
9.28
9.43
6.73
7.11
12.32
17.6
12.48
10.55
10.32
11.58
10.72
9.34
- -
Return on Common Equity (%)
9.05
9.23
9.09
6.85
7.33
13.09
18.21
15.6
13.56
12.4
13.58
12.16
10.39
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
394
388
392
LT Borrowings
- -
- -
- -
LT Finance Leases
276
269
253
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,360
1,360
1,360
Market Capitalization
8,078
7,534
5,658

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,150
5,263
5,093
Cash, Cash Equivalents & STI
2,931
2,744
2,775
Accounts Receivable, Net
119
126
88
Inventories
1,870
2,122
1,952
Total Current Liabilities
3,210
3,177
3,069
Payables & Accruals
- -
- -
- -
ST Debt
394
388
392
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.03%
7.06%
7.26%
Free Cash Flow
-18.59%
38.35%
0.74%
Net Income, GAAP
14.51%
-0.63%
-7.78%
Sales/Revenue/Turnover
5.9%
1.17%
-5.61%
Total Cash Common Dividend
623.03%
591.54%
-7.26%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,671
2,515
2,581
2,356
10,123
2025
2,479
2,329
- -
2,447
9,556
2026
2,454
2,222
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.08
0.09
0.1
0.38
2025
0.12
0.09
- -
0.07
0.35
2026
0.1
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.12
2025
- -
- -
- -
- -
0.11
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shi Ru Cao
Full Time Employees
14,313
Sector
Retail trade
Industry
Food retail
Address
No. 7, Dikang Avenue Chengdu SI China 611731
IPO Date
Aug 27, 2012
Website
hqls.com.cn
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Business
Chengdu Hongqi Chain Co., Ltd. operates as a leading convenience supermarket chain enterprise headquartered in Chengdu, China. Founded in 2000, the company specializes in chain operation of convenience stores primarily under the "Hongqi" brand. Its core products and services include daily-use products such as groceries, food, beverages, alcoholic drinks, tobacco, household essentials, clothing, shoes, hats, textiles, quick snacks, and personal care items. The company leverages two logistics distribution centers to support its extensive network of outlets concentrated in urban and community areas, focusing on convenience, affordability, and accessibility to meet urban residents' fast-paced lifestyles. Recently, the company has undergone strategic shifts including the development of a robotics project aimed at enhancing operational efficiency. Chengdu Hongqi Chain has also focused on expanding 24-hour convenience stores, particularly along key urban transit routes such as the Chengdu subway, with plans to increase the number of these outlets which cater to high night-time consumer demand. Additionally, the company has strengthened operational quality and profitability despite a modest revenue decline year-to-date. A notable ownership change occurred with Sichuan Commercial Investment Co., Ltd. acquiring a 10% stake from Yonghui Superstores Co., Ltd., one of its significant shareholders. The company continues to emphasize integrating cloud platform big data, products, community services, and financial services into its modern technology-driven retail chain model. Chengdu Hongqi Chain maintains a regional leadership position in China’s convenience store market with no current plans for trans-provincial expansion. Its targeted customer base includes urban dwellers and community residents seeking convenient, affordable access to essential goods. The company’s strategy incorporates technological innovation such as digital payments and data-driven inventory management to optimize customer experience and operational efficiency. Chengdu Hongqi Chain's business model aligns with the structural adjustment in urbanization and income distribution, supporting growing consumer demand for daily necessities in China. The company operates primarily in China with a stronghold in Chengdu and surrounding regions, reinforcing its role in the consumer staples and retail industry sectors.