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Suningcom Group Co Ltd (Suning) is a specialty retailer that operates home electrical and electronics stores. The company's product portfolio includes consumer appliances such as color TVs, digital products, dishwashers, small kitchen appliances, computers, communication appliances, air conditioners, washing machines and fridges. It also provides services through its website including real-time interactive consultation and product maintenance. The company operates a chain of retail stores under the brand Suning. It offers its merchandise through its wholly-owned chain of retail stores and website. Suning is headquartered in Nanjing, Jiangsu, China.
Headquarters
China
Address
No. 1, Suning Avenue, Xuanwu District, Nanjing, Jiangsu, 210042
Website
www.suning.cn
Telephone
86 25 84418888
No of Employees
35,583
Industry
Retailing
Ticker Symbol & Exchange
002024 (SHE)
Revenue (2022)
$10.6B
EPS
XYZ
Market Cap*
$1.9B
Net Profit Margin (2022)
XYZ
27.0%
* As of and is in US$
Suningcom Group Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Computers and Laptops | Installation | Suning |
| Audio and Video Devices | Warranty Maintenance | |
| Disc Players | Repairing Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company partnered with Fotile Group to create integrated new products, and overall kitchen solutions, and a new kitchen life experience for users. |
| 2024 | Contracts/Agreements | In March, the company partnered with Robam Electric and introduced new digital kitchen appliances and store experience activities helping users to renovate their kitchens with quality. |
| 2023 | Contracts/Agreements | In June, the company signed a memorandum of strategic cooperation with Shuaik Electric, and Suning.com obtained the exclusive authorization of Shuaik Electric's chain channels. |
Competitor Comparison
| Key Parameters | Suningcom Group Co Ltd | Yonghui Superstores Co Ltd | Sun Art Retail Group Ltd | Nojima Corp | GOME Retail Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | Japan | Hong Kong |
| City | Nanjing | Fuzhou | Shanghai | Yokohama-Shi | Beijing |
| State/Province | Jiangsu | Fujian | Shanghai | Kanagawa | Beijing |
| No. of Employees | 35,583 | 108,758 | 102,101 | 12,016 | 3,609 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ren Jun | Chief Executive Officer; Chairman | Executive Board | 2023 | 46 |
| Zhou Bin | Director - Financial | Senior Management | 2023 | 42 |
| Lu Yao | Vice President | Senior Management | 2023 | 58 |
| Huang Wei | Secretary | Senior Management | 2017 | 40 |
| Hou Enlong | Senior Vice President | Senior Management | 2023 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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