Overview
CBEST
Chongqing Department Store does more than its says. As the name implies, the company owns and operates about 40 department stores mainly in Chongqing City, and Guizhou, Sichuan and Hubei provinces. The stores sell well-known Chinese brands of men's, women's, and children's clothes; housewares; personal accessories; and home decor. As the name doesn't mention, the company also has nearly 60 consumer electronics stores and supermarkets in the same
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Read More area. Several locations also contain travel agencies. Brands include CBEST, New Century Department Store, and Chongqing General Electrical Appliance. Though the company traces its roots to a department store opened in 1950, it didn't take its present name until 1992.
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Read More area. Several locations also contain travel agencies. Brands include CBEST, New Century Department Store, and Chongqing General Electrical Appliance. Though the company traces its roots to a department store opened in 1950, it didn't take its present name until 1992.
Read Less
Hongwei Hu
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Department Stores
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General Merchandise Retailers
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Retail Trade
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Department stores
Automobile Dealers
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Automotive Parts, Accessories, and Tire Retailers
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Beer, Wine, and Liquor Retailers
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Book Retailers and News Dealers
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Building Material and Supplies Dealers
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Clothing and Clothing Accessories Retailers
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Electronics and Appliance Retailers
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Florists
View more , Fuel Dealers , Furniture and Home Furnishings Retailers , Gasoline Stations , Grocery and Convenience Retailers , Health and Personal Care Retailers , Jewelry, Luggage, and Leather Goods Retailers , Lawn and Garden Equipment and Supplies Retailers , Office Supplies, Stationery, and Gift Retailers , Other Miscellaneous Retailers , Other Motor Vehicle Dealers , Shoe Retailers , Specialty Food Retailers , Sporting Goods, Hobby, and Musical Instrument Retailers , Used Merchandise Retailers Warehouse Clubs, Supercenters, and Other General Merchandise Retailers
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View more , Fuel Dealers , Furniture and Home Furnishings Retailers , Gasoline Stations , Grocery and Convenience Retailers , Health and Personal Care Retailers , Jewelry, Luggage, and Leather Goods Retailers , Lawn and Garden Equipment and Supplies Retailers , Office Supplies, Stationery, and Gift Retailers , Other Miscellaneous Retailers , Other Motor Vehicle Dealers , Shoe Retailers , Specialty Food Retailers , Sporting Goods, Hobby, and Musical Instrument Retailers , Used Merchandise Retailers Warehouse Clubs, Supercenters, and Other General Merchandise Retailers
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Actual
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Actual
$2.37 billion
Actual
-9.75%
0.46%
$19,641
DEC
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Shanghai:600729
Contacts
Get in Touch with 12 Principals*
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Hongwei HuLegal Representative
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$2.37 billion
USD
Actual
1 USD = 7.2455 CNY
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $279 | $206 | $85 |
| Net Investing Cash | -$103 | -$187 | -$45 |
| Net Financing Cash | -$192 | $5 | -$163 |
| Net Change in Cash | -$16 | $25 | -$122 |
| Cash at Beginning of Period | $203 | $178 | $296 |
| Cash at End of Period | $186 | $203 | $174 |
| Capital Expenditure | -$20 | -$23 | -$42 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $670 | $566 | $334 |
| Accounts Receivable | $56 | $36 | $33 |
| Inventories | $240 | $294 | $317 |
| Other Current Assets | $130 | $139 | $182 |
| Asset Summary | |||
| Total Current Assets | $1,096 | $1,035 | $867 |
| Tangible Fixed Assets | $786 | $842 | $852 |
| Intangible Assets | $25 | $27 | $25 |
| Total Assets | $19,641 | $19,140 | $17,204 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $400 | $401 | $432 |
| Short-Term Debt | $316 | $291 | $159 |
| Other Current Liabilities | $533 | $552 | $571 |
| Liability Summary | |||
| Total Current Liabilities | $1,249 | $1,244 | $1,162 |
| Long-Term Debt | $ | $ | $ |
| Other Long-Term Liabilities | $2 | $2 | $4 |
| Total Liabilities | $1,664 | $1,694 | $1,651 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $61 | $56 | $56 |
| Retained Earnings | $843 | $744 | $601 |
| Equity Summary | |||
| Total Equity | $1,031 | $932 | $712 |
| Shares Outstanding | 440,547,577 | 406,528,465 | 406,528,465 |