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MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  Suning.com Co., Ltd.    002024   CNE000001KF2

SUNING.COM CO., LTD.

(002024)
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Japanese electronics retailer Laox to close half of its stores

07/28/2020 | 03:50am EST

Japanese electronics retail chain Laox Co Ltd said on Tuesday it was shutting down half of its 24 stores as a prolonged coronavirus outbreak keeps away tourists, a major customer base.

Laox, whose duty-free stores had been popular with Chinese shoppers looking for Japanese appliances such as rice cookers and electric toilet seats, said it was closing the 12 stores to cut costs and restore its cash flow.

The company is controlled by Chinese electronics retail giant Suning Appliance Co Ltd.

(Reporting by Ritsuko Ando; editing by Jason Neely)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
LAOX CO., LTD. 1.99% 205 End-of-day quote.-23.22%
SUNING.COM CO., LTD. -0.44% 8.96 End-of-day quote.-11.37%
ZR (ZR) - CBE (ELECTRONIC)/C1 1.97% 12.69 End-of-day quote.-5.25%
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Financials
Sales 2020 280 B 42 589 M 42 589 M
Net income 2020 1 079 M 164 M 164 M
Net cash 2020 259 M 39,4 M 39,4 M
P/E ratio 2020 73,8x
Yield 2020 0,29%
Capitalization 81 847 M 12 443 M 12 451 M
EV / Sales 2020 0,29x
EV / Sales 2021 0,25x
Nbr of Employees 42 196
Free-Float 29,4%
Chart SUNING.COM CO., LTD.
Duration : Period :
Suning.com Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SUNING.COM CO., LTD.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Average target price 11,83 CNY
Last Close Price 8,97 CNY
Spread / Highest target 56,1%
Spread / Average Target 31,9%
Spread / Lowest Target 5,91%
EPS Revisions
Managers
NameTitle
En Long Hou President
Jin Dong Zhang Chairman
Xiao Ling Wang Chairman-Supervisory Board
Wei Min Sun Vice Chairman
Xiang Sheng Meng Director & Senior Vice President
Sector and Competitors