Suning.com Group Co Ltd

Overview

Suning.com Group Co Ltd (Suning), is a specialty retailer that operates home electrical and electronics stores. The company operates a chain of retail stores under the brand name of Suning. Its product portfolio includes consumer appliances, such as color TVs, digital products, dishwashers, small kitchen appliances, computers, communication appliances, air conditioners, washing machines and fridges. Suning also provide services through its web site including real-time interactive consultation and product maintenance. It offers its merchandise through its wholly owned chain of retail stores and website. Suning is headquartered in Nanjing, Jiangsu, China
Key Stats
Address
No. 1, Suning Avenue, Xuanwu District, NANJING, Jiangsu
Headquarters

China

Contact

86 25 84418888

Website
www.suning.cn
No of Employees

45,598

Industry

Retailing

Ticker Symbol & Exchange​

002024 [SZSE]

Revenue (2020)

$36,564 m

-6.2% (2020 vs 2019)
Net Income (2020)

$-620 m

-143.5% (2020 vs 2019)
Net Profit Margin

-2 %

-146.2% (2020 vs 2019)
Market Cap *

$7,467 m

EPS *

$-0.1

  *Note: Ratios based on the share price as of 22-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Suning.com Group Co LtdSun Art Retail Group LtdYonghui Superstores Co., Ltd.GOME Retail Holdings Ltd
Key Information
Headquarters China China China China
Headquarter City NANJING SHANGHAI FUZHOU BEIJING
Headquarter State/Province Jiangsu Shanghai Fujian Beijing
No. of Employees 45,598 123,449 120,748 29,734
Entity Type Public Public Public Public

Products & Services

Suning operates consumer electronics and electrical stores. The company's major products and services include the following:

Products
  • Computers and Laptops
  • Audio and Video Devices
  • Disc Players
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Services
  • Installation
  • Warranty Maintenance
  • Repairing Services
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Brands
  • Suning
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
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History

Year Event Description
2021 Acquisitions/Mergers/Takeovers In January, the company announced the acquisition of stake in Right Lai (Beijing) Technology Co.,…
2021 Contracts/Agreements In March, the company entered into a framework agreement to sell 23% of its stake…
2021 Financing Agreements In July, the company secured US$1.36 billion investment from a consortium of investors and an…
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Locations


Ezhou Gedian Suning.Com Sales Co., Ltd.
Hefei SuFresh Purchase Co., Ltd.
Hongkong Suning.com Co., Limited
Shanghai Suning.Com Sales Co., Ltd
Shanxi Suning.Com Purchase Co., Ltd.
Tianjin Tianning Suning.Com Commercial and Trading Co., Ltd
Chongqing Maoning Electronic Commerce Co., Ltd
Hainan Suning.Com Commercial and Trading Co., Ltd.

Deals

Number of Deals
Deal Value (US$ m)