China Quanjude Group Co Ltd operates within the Eating places sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Quanjude Group Co Ltd with three other
companies in this sector in CHINA :
Tang Palace (China) Holdings Limited
sales of 1.11 billion Chinese Renmimbi [US$172.51 million]
of which 41%
was Eastern China),
Xi'an Catering Co. Ltd
(409.00 million Chinese Renmimbi [US$63.85 million]
of which 67%
was Catering Services), and
TANSH Global Food Group Co Ltd
(644.39 million Chinese Renmimbi [US$100.59 million]
of which 100%
was TANSH Global Business).
During the first
quarter of 2021, sales at China Quanjude Group Co Ltd totalled
202.79 million Chinese Renmimbi.
an increase of 12.9%
from the 179.57 million Chinese Renmimbi in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at China Quanjude Group Co Ltd in the previous 34 quarters.
There appears to be at least some degree of seasonality in the sales at China Quanjude Group Co Ltd: during 8 of the previous 9
years, sales were highest during the third quarter.
The exception to this was during 2020, when the
fourth quarter was the best quarter, accounting for
34% of sales (during that same year, the
third quarter accounted for 26% of sales).
During the year ended December of 2020, sales at
China Quanjude Group Co Ltd were 780.41 million Chinese Renmimbi (US$121.82 million).
decrease of 50.1%
versus 2019, when the company's sales were 1.56 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 67.8% decline
in Other Operating Business, from 50.14 million Chinese Renmimbi to 16.14 million Chinese Renmimbi.
There were also decreases in sales in
Food and Beverage (down 52.1% to 529.40 million Chinese Renmimbi)
Merchandising (down 42.3% to 237.78 million Chinese Renmimbi)