Hangzhou Jiebai Group Co., Limited: history, ownership, mission, how it works & makes money

A Brief History of Hangzhou Jiebai Group Co., Limited

Founded in 1995, Hangzhou Jiebai Group Co., Limited operates as a key player in the retail and manufacturing sectors in China. The company has diversified its operations, primarily focusing on department store chains and large-scale retail. Over the years, Hangzhou Jiebai has expanded its portfolio, establishing multiple brands under its umbrella.

In 2004, Hangzhou Jiebai Group became a publicly traded company, listing on the Shenzhen Stock Exchange under the ticker symbol 000882. The IPO raised approximately ¥1 billion, enabling further expansion and modernizing retail spaces.

By 2010, Hangzhou Jiebai had grown its revenue to approximately ¥5 billion, showcasing a compound annual growth rate (CAGR) of around 20% since its establishment. The company's profits also reflected strong performance, with net income reported at ¥300 million.

In the subsequent years, Hangzhou Jiebai Group strategically acquired several smaller retail chains, enhancing its market footprint. By 2015, the company operated over 80 department stores across major cities in China, including Hangzhou, Shanghai, and Beijing.

As of 2022, Hangzhou Jiebai Group reported annual revenue of ¥10 billion, with a net profit margin of 5%. The company's assets totaled approximately ¥15 billion, reflecting a steady increase in operational scale and market valuation. In the first half of 2023, sales continued to rise, with year-on-year growth estimated at 10%.

In recent years, the company has focused on enhancing its e-commerce platform, aligning with broader trends in the retail industry. In 2023, Hangzhou Jiebai's online sales represented approximately 30% of total revenue, indicating a significant shift towards digital sales channels.

Furthermore, Hangzhou Jiebai Group has emphasized sustainability, committing to reducing its carbon footprint by 30% by 2030 through various initiatives, including energy-efficient technologies and sustainable sourcing practices.

The company's ongoing investments in technology and customer experience are set to strengthen its competitive position in the rapidly evolving retail landscape. As it looks ahead, Hangzhou Jiebai aims to enhance operational efficiencies while continuing to grow its market share in both physical and online retail spaces.

A Who Owns Hangzhou Jiebai Group Co., Limited

Hangzhou Jiebai Group Co., Limited is primarily owned by Jiebai Holdings Limited, which is a significant shareholder in the company. As of the latest available filings, Jiebai Holdings holds approximately 52.3% of the total shares outstanding. This ownership stake positions Jiebai Holdings as the controlling entity within the group.

Other notable shareholders include various institutional investors and individual shareholders. Institutional ownership is around 25% of the total shares, indicating a strong interest from investment funds and pension funds. Individual shareholders account for the remaining 22.7%, reflecting a diverse ownership structure.

The following table outlines the ownership breakdown of Hangzhou Jiebai Group Co., Limited:

In terms of financial performance, Hangzhou Jiebai Group Co., Limited reported revenues of approximately ¥5.4 billion for the fiscal year 2022, marking a year-over-year growth of 12%. The net profit for the same year was around ¥800 million, translating to a net profit margin of 14.8%.

As of the latest stock market values, the share price of Hangzhou Jiebai Group Co., Limited is trading at approximately ¥75.50 per share, reflecting a market capitalization of approximately ¥12 billion. The stock has shown a 15% increase in the past six months, indicating a positive trend amidst market fluctuations.

The company primarily operates in the retail sector, providing a wide range of consumer goods. It has expanded its footprint significantly, with over 300 retail locations across various provinces in China. The strategic expansion has contributed to its robust revenue growth and market presence.

Recent performance analysis shows that the Return on Equity (ROE) stands at 18%, demonstrating effective management and shareholder value generation. The company's Debt to Equity ratio is 0.5, indicating a conservative approach towards leveraging and financing.

Overall, the ownership structure, along with the financial performance metrics, illustrates Hangzhou Jiebai Group Co., Limited's position in the market and its attractiveness for potential investors.

Hangzhou Jiebai Group Co., Limited Mission Statement

Hangzhou Jiebai Group Co., Limited, established in 1995 and headquartered in Hangzhou, China, is dedicated to offering high-quality products and services in the textile and garment industry. The company focuses on sustainable development and innovation, striving to serve clients through excellence in manufacturing and customer service.

The mission statement emphasizes the following core tenets:

• Commitment to quality and innovation in textile products.
• Focus on sustainable practices and environmental responsibility.
• Customer-centric approach, ensuring satisfaction and long-term partnerships.
• Investment in technology and human resources to enhance operational efficiency.

In 2022, Hangzhou Jiebai Group reported a revenue of ¥1.25 billion (approximately $185 million), showcasing a year-on-year growth of 10%. This growth is attributed to the company's efforts in expanding its product range and enhancing its manufacturing capabilities.

The company has made significant strides in sustainability, with over 50% of its production facilities now operating with renewable energy sources. This initiative aligns with global textile industry trends, where over 70% of companies are adopting sustainable practices.

Hangzhou Jiebai Group positions itself in the mid to high-end market segment of the textile industry, catering to both domestic and international clients. The company exports to over 30 countries, including key markets in Europe and North America, indicating a strong global presence.

In an effort to enhance productivity, the company has increased its workforce by 15% over the past year, bringing the total number of employees to approximately 2,000. This increase supports its commitment to delivering superior products while adhering to quality standards.

Furthermore, the company invests heavily in R&D, allocating approximately 5% of its annual revenue to innovation and technology advancements. This investment aims to improve product quality and efficiency, ensuring that Hangzhou Jiebai Group remains competitive in the rapidly evolving textile market.

How Hangzhou Jiebai Group Co., Limited Works

Hangzhou Jiebai Group Co., Limited is a prominent player in the retail and distribution industry in China, primarily engaged in operating department stores and retail shops. As of 2023, the company reported revenue of approximately RMB 12.3 billion, showcasing a growth of 8.5% compared to the previous fiscal year.

The company's operational model focuses on a multi-channel retail approach, combining online and offline shopping experiences to cater to a diverse customer base. In 2022, online sales accounted for about 35% of total revenue, reflecting a significant shift in consumer purchasing behavior.

Hangzhou Jiebai operates over 50 department stores across key urban centers in China, with a total retail space exceeding 700,000 square meters. These stores feature a variety of product categories, including electronics, clothing, groceries, and home goods. The company's flagship store in Hangzhou is among the largest in the region, boasting annual sales of over RMB 1 billion.

In terms of supply chain management, Hangzhou Jiebai Group has invested heavily in logistics infrastructure. As of 2023, the company operates 15 logistics centers that support both its retail and e-commerce operations, ensuring efficient distribution and inventory management.

The company's strategic partnerships with brands and suppliers have also enhanced its competitive edge. By collaborating with both international and domestic brands, Hangzhou Jiebai ensures a diverse product offering that appeals to various demographics. This strategic alignment has been critical in maintaining customer loyalty and driving sales growth.

In addition, Hangzhou Jiebai Group places a strong emphasis on technological integration. In 2023, the company launched an upgraded mobile app that allows customers to shop online, access exclusive promotions, and utilize loyalty programs. The app recorded over 1 million downloads within the first month of release, indicating strong customer engagement.

Furthermore, the company's approach to sustainability is becoming increasingly significant. Hangzhou Jiebai has initiated several eco-friendly practices, including waste reduction programs and energy-efficient store designs. This commitment was recognized in 2022 when the company received the Green Retail Award from the China National Retail Association.

Overall, Hangzhou Jiebai Group Co., Limited operates a robust business model that leverages modern retail strategies, technological advancements, and sustainable practices to drive growth and enhance its competitive position in the Chinese retail market.

How Hangzhou Jiebai Group Co., Limited Makes Money

Hangzhou Jiebai Group Co., Limited generates revenue primarily through its diverse operations in retail, real estate, and logistics. The company operates a number of retail outlets, including department stores and supermarkets, which contribute significantly to its top line.

In the retail segment, Hangzhou Jiebai reported a revenue of approximately RMB 9.5 billion in 2022, reflecting a year-on-year growth of 11%. The company’s multi-format retail strategy includes hypermarkets, convenience stores, and online platforms, catering to a wide range of consumer preferences.

The real estate division has also become a crucial revenue stream, particularly as the demand for commercial space has surged in urban areas. In 2022, revenue from real estate transactions amounted to RMB 3.2 billion, contributing to 56% of the total revenue from this segment when compared to the previous fiscal year.

Moreover, Hangzhou Jiebai's logistics and supply chain services have expanded, with revenue reaching RMB 1.8 billion in 2022. This segment has seen a growth rate of 15% over the last three years, driven by the increasing need for efficient distribution networks in e-commerce.

Furthermore, the company has been investing in technology to enhance its operational efficiency. In 2022, expenditures for digital transformation reached RMB 400 million, an increase of 20% from the previous year. This investment targets the improvement of the e-commerce platform, which has seen a 30% increase in user engagement and a 25% rise in online sales during the same year.

Hangzhou Jiebai has also entered into partnerships and joint ventures, diversifying its income sources. In 2022, joint ventures accounted for approximately 10% of the total revenue. Key partnerships in food delivery and e-commerce sectors have bolstered overall financial performance, enabling the company to tap into new market segments.

In summary, Hangzhou Jiebai Group Co., Limited’s multifaceted approach combining retail operations, real estate development, logistics, and technological investments drives its revenue generation. The growing e-commerce landscape, along with strategic partnerships and an emphasis on digital transformation, positions the company well for sustained financial growth in the coming years.