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Chongqing Department Store Co Ltd

Chongqing Chongbai Technology Group Co., Ltd. operates general merchandise, supermarket, electrical appliance, and automobile trading businesses in China. Its segments include Department Stores; Supermarket; Electrical; Automobile Trading; Real Estate and Engineering; and Others. The company runs department stores, shopping centers, boutique supermarkets, supermarkets, hypermarkets, and specialty electronics stores, and is also involved in automobile trading and consumer finance services. Formerly known as Chongqing Department Store Co., Ltd., it was founded in 1920 and is based in Chongqing, the People's Republic of China.

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Chongbai Group's 2026 interim net profit was 446 million yuan, down 42.33% year-on-year

Chongbai Group released its 2026 interim report, with net profit attributable to the parent company of 446 million yuan, a decrease of 42.33% compared with the same period last year. The company's total operating revenue was 7.587 billion yuan, down 5.65% year-on-year; net cash inflow from operating activities was 1.373 billion yuan, up 62.64% year-on-year. The latest gross margin was 28.66%, achieving three consecutive years of growth; the latest return on equity was 5.62%, a decrease of 4.50 percentage points from the same period last year. The company's diluted earnings per share was 1.01 yuan, down 42.61% year-on-year.
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Chongqing Department Store first-half net profit attributable to parent 446 million yuan, down 42.3% year on year

Chongqing Department Store released its 2026 half-year report. First-half net profit attributable to the parent company was 446 million yuan, down 42.3% year on year. Operating revenue was 7.587 billion yuan, down 5.65% year on year. Net profit attributable to the parent after deducting non-recurring items was 472 million yuan, down 34.5% year on year. Net operating cash flow was 1.373 billion yuan, up 62.6% year on year. Second-quarter operating revenue was 3.51 billion yuan, down 6.9% year on year, and net profit attributable to the parent was 167 million yuan, down 44.0% year on year. The company said that due to market fluctuations, the fair value of securities investments held at the end of the period fell sharply. Fair value change gains decreased by 92.51 million yuan year on year, and investment income fell 68.25% year on year.
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Chongqing Department Store Group's first-half net profit attributable to parent plunges 42.33% year-on-year

Chongqing Department Store Group released a preliminary earnings report, showing net profit attributable to the parent company of 446 million yuan in the first half of 2026, a sharp year-on-year decline of 42.33 percent. The company achieved operating revenue of 7.587 billion yuan in the same period, down 5.65 percent year-on-year, while recurring net profit was 472 million yuan, down 34.51 percent year-on-year. The company explained that the retail industry is facing dual pressures from transformation and upgrading as well as existing competition, with market effective demand recovering slowly. Meanwhile, investment income fell 68.25 percent year-on-year, mainly due to a significant decline in the fair value of securities investments held and a drop in profits of associated companies. Excluding investment income and non-recurring items, net profit attributable to the parent company in the second quarter rose 12.41 percent year-on-year, and net cash flow from operating activities increased by over 50 percent year-on-year.
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Chongbai Group's First-Half Net Profit Attributable to Parent Falls 42.33% Year-on-Year to 446 Million Yuan

Chongbai Group released its 2026 half-year performance flash report, with net profit attributable to the parent at 446 million yuan, down 42.33% year-on-year. Total assets stood at 19.658 billion yuan, a decrease of 0.78% from the beginning of the period. Owners' equity attributable to the parent was 7.946 billion yuan, up 1.25% year-on-year. Net cash flow from operating activities increased by over 50% year-on-year, but investment income fell 68.25% year-on-year, mainly due to a significant decline in the fair value of held securities investments at the end of the period.
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