Baida Group Co., Ltd. operates in the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Baida Group Co., Ltd. with three other
companies in this sector in China:
Lanzhou Minbai Shareholding (Group) Company., Limited
(2016
sales of 1.02 billion Chinese Renmimbi [US$161.82 million]
of which 85%
was Wholesale & Retail),
Beijing Hualian Department Store Company Limited
(998.40 million Chinese Renmimbi [US$159.13 million]
of which 87%
was Leasing and Property Management), and
ShenYang Commercial City Co., Ltd.
(955.63 million Chinese Renmimbi [US$152.32 million]
of which 99%
was Department Store).
Sales Analysis.
Baida Group Co., Ltd. reported sales of 1.06 billion Chinese Renmimbi (US$169.36 million)
for the
year ending
December of 2016.
This
represents
a
decrease of 2.5%
versus 2015, when the company's sales were 1.09 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 8.3% decline
in Hotel Service, from 43.42 million Chinese Renmimbi to 39.81 million Chinese Renmimbi.
There were also decreases in sales in
Department Stores (down 2.3% to 952.90 million Chinese Renmimbi)
.