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Historic department-store operator at Nanjing's central Xinjiekou business district.
Historic department-store operator at Nanjing's central Xinjiekou business district.
Like most Chinese department stores, it earns largely from commissions on brand counters inside its store plus rent, though it also sells some goods under its own purchase. Footfall in Nanjing's main shopping district and competition from online sales and newer malls decide results.
Moat: narrow (brand, distribution). Prime, long-established retail location in Nanjing's main shopping district.
Headquarters: Nanjing, Jiangsu, China · Employees: 19,227
Size Nanjing Xinjiekou Department Store (600682.SS) is a China Consumer Discretionary company (Department Stores) with a market value of $1.07B, the 2172nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.31 on 6 Nov 2026.
Performance Over six months the shares fell 21.6%, against -11.5% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 11.1% over the last twelve months (peer median -1.9%); the operating margin is -15.7% (peer median 6.3%).
Valuation It trades at 0.7× enterprise value to sales against a peer median of 1.5× (3rd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 11.1 points below its cost of capital (7.8% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.83B | CN¥6.33B | CN¥6.60B | CN¥6.51B | CN¥6.37B |
| Revenue growth | — | -4% | +1% | +2% | — |
| Gross profit | CN¥2.23B | CN¥2.34B | CN¥2.71B | CN¥2.74B | CN¥2.88B |
| EBITDA | n/a | CN¥829M | CN¥1.01B | CN¥1.29B | CN¥1.51B |
| Net income | -CN¥1.06B | -CN¥842M | CN¥230M | CN¥427M | CN¥723M |
| Free cash flow | CN¥206M | CN¥438M | CN¥633M | CN¥587M | CN¥1.12B |
| Capital expenditure | CN¥361M | CN¥351M | CN¥507M | CN¥407M | CN¥452M |
| Total debt | CN¥760M | CN¥971M | CN¥1.11B | CN¥1.13B | CN¥1.28B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Nanjing Xinjiekou Department Store 600682.SS | $1.07B | -22% | -11% | -16% | 0.7× | 5.7% |
| Wangfujing 600859.SS | $1.65B | -21% | -10% | 5% | 1.2× | -13.6% |
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 | 600682.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.7% | 0.0% | 4th lowest of 21 |
| 6-month return | -21.6% | -11.5% | 6th lowest of 21 |
| Distance from 52-week high | -44.6% | -40.8% | 9th lowest of 21 |
| Revenue growth (TTM) | -11.1% | -1.9% | 4th lowest of 21 |
| Operating margin | -15.7% | 6.3% | 3rd lowest of 21 |
| EV / Sales | 0.7× | 1.5× | 3rd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 5.7% | 0.5% | 8th most demanding of 20 |
| Growth delivered (Del g) | +2.4% | -1.8% | 5th highest of 20 |
| Hurdle (Req g minus delivered) | +3.3 pp | +2.1 pp | 8th most demanding of 20 |
| ROIC minus cost of capital | -11.1 pp | -1.0 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nanjing Xinjiekou Department Store 600682.SS | China | $1.07B | -22% | -11% | -16% | 0.7× | 5.7% | +2.4% |
| Fujian Dongbai (Group) 600693.SS | China | $1.11B | -23% | -1% | 32% | 8.0× | 4.1% | +0.9% |
| Maoye Commercial 600828.SS | China | $1.13B | -13% | -22% | -3% | 7.1× | 12.9% | -8.4% |
| Hunan Friendship & Apollo Commercial 002277.SZ | China | $1.23B | -5% | -20% | -60% | 16.1× | 21.6% | -15.5% |
| Far Eastern Department Stores 2903.TW | Taiwan | $910M | -5% | -1% | 13% | 2.4× | 0.5% | -1.8% |
| Izumi 8273.T | Japan | $1.28B | -1% | +1% | 5% | 0.6× | n/a | n/a |
| Hyundaideptst 069960.KS | South Korea | $1.29B | -23% | -3% | 9% | 0.4× | -17.1% | +13.2% |
| Matsuya 8237.T | Japan | $869M | +54% | -1% | 6% | 3.4× | 35.3% | -2.8% |
| Dashang 600694.SS | China | $827M | -10% | -4% | 12% | 0.8× | -18.9% | -5.1% |
| Anhui Anfu Battery Technology 603031.SS | China | $1.43B | -39% | +4% | 23% | 2.5× | -0.2% | +21.9% |
| Rainbow Digital Commercial 002419.SZ | China | $793M | -15% | -4% | 0% | 1.3× | -5.8% | -0.4% |
| Hangzhou Jiebai 600814.SS | China | $776M | -9% | -3% | 25% | 1.3× | -21.8% | -1.6% |
| Wushang 000501.SZ | China | $775M | -18% | -3% | 7% | 2.1× | 11.5% | -4.7% |
| Shinsegae 004170.KS | South Korea | $1.59B | -38% | +7% | 9% | 1.1× | -2.2% | +7.8% |
| Wangfujing 600859.SS | China | $1.65B | -21% | -10% | 5% | 1.2× | -13.6% | -2.4% |
| Baida 600865.SS | China | $682M | +5% | +9% | 41% | 16.7× | 13.3% | -2.5% |
| Hefei Department Store 000417.SZ | China | $678M | -13% | -9% | 1% | 0.9× | 3.4% | +1.3% |
| Shanghai Join Buy 600838.SS | China | $628M | +9% | +6% | -28% | 38.8× | 22.2% | +0.4% |
| Lotte Shopping 023530.KS | South Korea | $1.87B | -33% | +1% | 5% | 1.2× | 5.8% | -3.2% |
| Seria 2782.T | Japan | $1.91B | +18% | +13% | 9% | 0.9× | -2.1% | +5.0% |
| Guangzhou Grandbuy 002187.SZ | China | $600M | -8% | -49% | -2% | 1.6× | -5.3% | -2.0% |