Shanghai New World Company Limited operates within the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai New World Company Limited with three other
companies in this sector in China:
Xinjiang Winka Times Department Store Co Ltd
sales of 3.01 billion Chinese Renmimbi [US$433.75 million]
of which 94%
was Main Business),
Zhongxing Shenyang Commercial Building Group Co Ltd
(2.45 billion Chinese Renmimbi [US$353.97 million]
of which 96%
was Retail), and
New World Department Store China Limited
(3.05 billion Chinese Renmimbi [US$440.42 million]
of which 95%
was Department Stores).
During the year ended December of 2017, sales at
Shanghai New World Company Limited were 3.02 billion Chinese Renmimbi (US$435.03 million).
a very small
increase of 0.3%
versus 2016, when the company's sales were 3.01 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2015, when Shanghai New World Company Limited
reported sales of 3.09 billion Chinese Renmimbi.
Sales of Hotel Services saw an increase
that was more than double the company's growth rate: sales were up
8.2% in 2017, from
174.24 million Chinese Renmimbi to 188.50 million Chinese Renmimbi.
Shanghai New World Company Limited also saw significant increases in sales in
Department Store (up 1.1% to 1.94 billion Chinese Renmimbi)
Others (up 3.3% to 19.14 million Chinese Renmimbi)
Not all segments of Shanghai New World Company Limited experienced an increase in sales in 2017:
sales of Other Business fell 10.8% to 73.09 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Shanghai New World Company Limited also experienced decreases in sales in
Pharmaceuticals Industry (down 2.8% to 798.26 million Chinese Renmimbi)