Minsheng Holdings Co Ltd operates within the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Minsheng Holdings Co Ltd with three other
companies in this sector in China:
TianJin QuanYeChang (Group) Company Limited
sales of 267.07 million Chinese Renmimbi [US$41.34 million]
of which 99%
was Goods Selling),
Sichuan Datong Gas Development Co Ltd
(471.52 million Chinese Renmimbi [US$72.99 million]
of which 58%
was Urban Pipeline Industry), and
Shanghai Join Buy Co., Ltd.
(89.49 million Chinese Renmimbi [US$13.85 million]
of which 48%
During the year ended December of 2016, sales at
Minsheng Holdings Co Ltd were 323.97 million Chinese Renmimbi (US$50.15 million).
increase of 45.3%
versus 2015, when the company's sales were 223.02 million Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Minsheng Holdings Co Ltd
reported sales of 451.58 million Chinese Renmimbi.
Sales of Insurance Broker saw an increase
59.7% in 2016, from
4.76 million Chinese Renmimbi to 7.60 million Chinese Renmimbi.
Not all segments of Minsheng Holdings Co Ltd experienced an increase in sales in 2016:
sales of Retail fell 43.0% to 203,751.85 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Minsheng Holdings Co Ltd also experienced decreases in sales in
Pawnshop (down 4.1% to 47.16 million Chinese Renmimbi)