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springland international hol (1700) Details

Springland International Holdings Limited, an investment holding company, operates and manages department stores and supermarkets in the People’s Republic of China. It operates through two segments, Department Store and Supermarket. The company’s department stores offer various categories of merchandise, including fashion and apparel; cosmetics, jewelry, and accessories; footwear; athletic apparel and casual wear; children’s wear and home furnishing; household and electronic appliances; and other products, as well as watches and gold. Its supermarkets offer a range of fresh food, dry food, and non-food merchandise products. The company operates under the Springland, Yaohan, and Dadonghua brand names. As of December 31, 2017, it operated and managed 80 stores, including 19 department stores and comprehensive lifestyle shopping malls, managed store, and 60 supermarkets in Jiangsu, Anhui, and Zhenjiang provinces. The company is also involved in the property holding activities; provision of technology, logistics, catering management, investment management, and advertising services; supply of vegetables; and leisure drinks and food processing activities. The company was founded in 1996 and is headquartered in Wuxi, the People's Republic of China. Springland International Holdings Limited is a subsidiary of Octopus Holdings Foundation.

8,291 Employees
Last Reported Date: 08/22/18
Founded in 1996

springland international hol (1700) Top Compensated Officers

Founder, CEO & Executive Chairman
Total Annual Compensation: CNY1.3M
Compensation as of Fiscal Year 2017.
springland international hol
Springland International Holdings Limited Announces Executive Appointments

Springland International Holdings Limited announced that Mr. Lu Lei (‘Mr. Lu’) was appointed as the Vice President of the company and its subsidiaries, Mr. Gao Ran and Mr. Huang Xuanke (‘Mr. Huang’) were appointed as the Assistant President of the Group, with effective from November 6, 2018. Since entering the Group, he has served as the Accountant and Financial Manager of the Group's affiliated department store, the Head of the Group's Financial Management Department, and the Assistant to the Group's Chief Financial Officer. He has been appointed as the Group's Chief Financial Officer since April 2018. Mr. Gao joined the Group since university graduation in June 2009. Since entering the Group, he has served as the Assistant Manager of the Group's Investment Department, the Assistant to the President's Office, and the Manager of the Treasury Department. He has been appointed as the Manager of the Group's Capital Securities Department since December 2017. Mr. Huang joined the Group since graduation from secondary school in August 1994. He has served as the assistant to the General Manager of the department store, the Deputy General Manager of the department store, and the Development Director of the Supermarket Division. Since January 2011, he has served as the Group's Business Development Director. Mr. Huang has over 20 years of experience in the field of commercial retail investment.

Springland International Holdings Limited Announces Re-Designation of Tao Qingrong as non-executive Director, effect from 5 November 2018

Springland International Holdings Limited announced that Mr. Tao Qingrong has been re-designated from an executive Director to a non-executive Director and has ceased to act as the Deputy Chairman and Vice President of the Company and its subsidiary with effect from 5 November 2018. Mr. Tao has been an executive Director of the Company since September 2006 and has been the Deputy Chairman and Vice President of the Group since March 2018 and is primarily responsible for the day-to-day management of business and operation of the Group. Mr. Tao was the chief executive officer of the Group from January 2011 to March 2018.

Springland International Holdings Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2018

Springland International Holdings Limited reported unaudited consolidated Earnings Results for the six months ended June 30, 2018. For the period, revenue was RMB 2,372,263,000 against RMB 2,247,475,000 reported a year ago. Profit before tax was RMB 357,704,000 against RMB 348,481,000 reported a year ago. Profit was RMB 237,802,000 against RMB 226,600,000 reported a year ago. Profit attributable to owners of the parent was RMB 241,591,000 or 11 cents per basic and diluted share against RMB 227,377,000 or 10 cents per basic and diluted share reported a year ago. Net cash flows from operating activities were RMB 415,175,000 against RMB 209,401,000 reported a year ago. Purchases of items of property, plant and equipment was RMB 309,108,000 against RMB 390,480,000 reported a year ago.

 

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Valuation 1700 Industry Range
Price/Earnings 8.8x
Price/Sales 0.6x
Price/Book 0.6x
Price/Cash Flow 3.3x
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