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Employees: 14,313
Size Chengdu Hongqi Chain (002697.SZ) is a China Consumer Staples company (Food Retail) with a market value of $1.01B, the 2288th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.94 on 6 Nov 2026.
Performance Over six months the shares fell 5.0%, against -6.3% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue fell 1.2% over the last twelve months (peer median +2.7%); the operating margin is 5.3% (peer median 2.9%).
Valuation It trades at 14.3× forward earnings against a peer median of 15.1× (8th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about -17% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -19 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 20.2 points above its cost of capital (5.5% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥9.35B | CN¥9.52B | CN¥10.1B | CN¥10.1B | CN¥9.99B |
| Revenue growth | — | -6% | 0% | +1% | — |
| Gross profit | CN¥2.76B | CN¥2.11B | CN¥2.16B | CN¥2.18B | CN¥2.08B |
| EBITDA | n/a | CN¥1.22B | CN¥1.29B | CN¥1.31B | CN¥1.31B |
| Net income | CN¥470M | CN¥481M | CN¥521M | CN¥561M | CN¥486M |
| Free cash flow | CN¥754M | CN¥1.21B | CN¥1.22B | CN¥1.18B | CN¥1.42B |
| Capital expenditure | CN¥10.9M | CN¥10.8M | CN¥33.6M | CN¥71.5M | CN¥56.5M |
| Total debt | CN¥656M | CN¥670M | CN¥882M | CN¥1.00B | CN¥1.19B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002697.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.9% | +2.2% | 7th highest of 21 |
| 6-month return | -5.0% | -6.3% | 10th highest of 21 |
| Distance from 52-week high | -34.5% | -20.8% | 7th lowest of 21 |
| Revenue growth (TTM) | -1.2% | +2.7% | 7th lowest of 21 |
| Operating margin | 5.3% | 2.9% | 5th highest of 21 |
| Forward P/E | 14.3× | 15.1× | 8th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | -17.5% | -2.7% | least demanding of 18 |
| Growth delivered (Del g) | +1.1% | +3.0% | 5th lowest of 18 |
| Hurdle (Req g minus delivered) | -18.6 pp | -7.5 pp | least demanding of 18 |
| ROIC minus cost of capital | +20.2 pp | +2.0 pp | highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chengdu Hongqi Chain 002697.SZ | China | $1.01B | -5% | -1% | 5% | 14.3× | -17.5% | +1.1% |
| United Super Markets 3222.T | Japan | $999M | -7% | +11% | 0% | n/a | 31.5% | +5.6% |
| Toly Bread 603866.SS | China | $1.01B | -15% | -2% | 8% | 24.1× | 0.5% | -1.8% |
| Jiangxi Guoguang Commercial Chains 605188.SS | China | $908M | -26% | +3% | 1% | n/a | 27.5% | +4.6% |
| Fuji 8278.T | Japan | $1.11B | -1% | -1% | 1% | n/a | 2.6% | +20.9% |
| Jiajiayue 603708.SS | China | $874M | -12% | 0% | 2% | 25.6× | -12.7% | +1.5% |
| Axial Retailing 8255.T | Japan | $865M | +30% | +3% | 4% | 15.1× | -10.9% | +2.9% |
| BELC 9974.T | Japan | $852M | -8% | +5% | 4% | 10.7× | n/a | n/a |
| WH Smith SMWH.L | United Kingdom | $851M | -10% | -31% | 8% | 11.0× | 9.1% | +8.8% |
| Sanjiang Shopping Club 601116.SS | China | $833M | -26% | -7% | 3% | n/a | n/a | n/a |
| San-a 2659.T | Japan | $1.22B | -2% | +6% | 7% | 16.4× | -12.3% | +3.9% |
| Taiwan FamilyMart 5903.TWO | Taiwan | $1.23B | -4% | +7% | 2% | 23.4× | -2.4% | +5.2% |
| Valor 9956.T | Japan | $1.25B | -6% | +9% | 3% | 8.8× | -2.7% | +4.8% |
| Chongqing Chongbai Technology 600729.SS | China | $1.26B | -9% | -11% | 4% | 11.3× | -10.4% | -6.9% |
| Arcs 9948.T | Japan | $1.27B | +5% | +2% | 3% | 15.9× | -10.6% | +2.4% |
| Aryzta ARYN.SW | Switzerland | $1.28B | -26% | -3% | 7% | 13.0× | -6.6% | +3.0% |
| Grocery Outlet GO | United States | $1.29B | +59% | +5% | 4% | 21.6× | 4.4% | +8.4% |
| Better Life Commercial Chain Share 002251.SZ | China | $1.34B | -19% | +11% | 5% | 42.1× | 10.8% | -23.1% |
| Heiwado 8276.T | Japan | $749M | -2% | +2% | 3% | 13.3× | -3.8% | +0.7% |
| Aeon Hokkaido 7512.T | Japan | $719M | -4% | +3% | 2% | n/a | n/a | n/a |
| Life 8194.T | Japan | $1.43B | +1% | +3% | 3% | 12.1× | -11.0% | +3.0% |