Loading…
Beijing department-store and retail group operating shopping-mall/department-store properties.
Beijing department-store and retail group operating shopping-mall/department-store properties.
Follows the common Chinese department-store model: brands staff and stock their own counters and pay the store a share of sales, so earnings depend on footfall and on keeping popular brands rather than on holding inventory. Costs of large city-centre sites weigh as a heavy fixed burden.
In one line: A regional Beijing department-store chain, like a smaller Macy's.
Moat: narrow (brand, distribution). Established, well-located Beijing retail brand with long-standing store sites.
Headquarters: Beijing, China · Employees: 1,760
Size Beijing Cuiwei Tower (603123.SS) is a China Industrials company (Miscellaneous Commercial Services) with a market value of $1.07B, the 2178th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.91 on 6 Nov 2026.
Performance Over six months the shares fell 23.2%, against -12.3% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 12.2% over the last twelve months (peer median +10.6%); the operating margin is -17.5% (peer median 10.5%).
Valuation It trades at 4.1× enterprise value to sales against a peer median of 2.7× (9th most expensive of 21).
Capital Return on invested capital runs 9.4 points below its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.97B | CN¥2.30B | CN¥2.20B | CN¥3.63B | CN¥3.94B |
| Revenue growth | — | +4% | -39% | -8% | — |
| Gross profit | CN¥474M | CN¥169M | CN¥64.0M | CN¥595M | CN¥756M |
| EBITDA | n/a | -CN¥116M | -CN¥227M | CN¥278M | CN¥433M |
| Net income | -CN¥428M | -CN¥481M | -CN¥687M | -CN¥584M | -CN¥439M |
| Free cash flow | -CN¥200M | -CN¥422M | -CN¥357M | -CN¥299M | CN¥107M |
| Capital expenditure | CN¥246M | CN¥352M | CN¥41.9M | CN¥95.1M | CN¥150M |
| Total debt | CN¥3.73B | CN¥2.76B | CN¥2.74B | CN¥2.39B | CN¥2.43B |
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 | 603123.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.7% | +1.3% | 5th lowest of 21 |
| 6-month return | -23.2% | -12.3% | 4th lowest of 21 |
| Distance from 52-week high | -49.5% | -27.4% | 4th lowest of 21 |
| Revenue growth (TTM) | -12.2% | +10.6% | lowest of 21 |
| Operating margin | -17.5% | 10.5% | lowest of 21 |
| EV / Sales | 4.1× | 2.7× | 9th most expensive of 21 |
| ROIC minus cost of capital | -9.4 pp | +0.0 pp | lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Cuiwei Tower 603123.SS | China | $1.07B | -23% | -12% | -18% | 4.1× | n/a | n/a |
| Smartgroup SIQ.AX | Australia | $1.06B | +1% | +10% | 37% | 3.8× | -0.5% | +8.8% |
| BrightView BV | United States | $1.08B | -10% | +1% | 4% | 0.9× | n/a | n/a |
| Prosegur Cash CASH.MC | Spain | $1.09B | +5% | -5% | 11% | 0.9× | -13.0% | +5.7% |
| Neurones NRO.PA | France | $1.04B | +5% | +7% | 9% | 0.8× | -8.3% | +10.3% |
| FESCO 600861.SS | China | $1.11B | -18% | +4% | 1% | 0.0× | n/a | n/a |
| Graincorp GNC.AX | Australia | $1.02B | +9% | -2% | 0% | 0.4× | n/a | n/a |
| Willdan WLDN | United States | $1.01B | -25% | +18% | 7% | 1.4× | 15.4% | +11.8% |
| Shenzhen Boshijie Technology 301608.SZ | China | $1.00B | -20% | +15% | 14% | 2.8× | n/a | n/a |
| Naruida Technology 688522.SS | China | $1.14B | -28% | +20% | 14% | 10.9× | n/a | n/a |
| GL events GLO.PA | France | $991M | -14% | +6% | 10% | 1.2× | 3.1% | +29.1% |
| Shanghai Action Education Tehnology 605098.SS | China | $991M | -10% | +15% | 40% | 5.0× | -3.0% | +16.4% |
| Rites RITES.NS | India | $990M | -15% | +11% | 20% | 2.6× | 19.8% | +5.3% |
| EMTEK (Shenzhen) 300938.SZ | China | $1.16B | -44% | +11% | 27% | 8.9× | n/a | n/a |
| SBT Ultrasonic Technology 688392.SS | China | $1.16B | -19% | +42% | 17% | 7.2× | n/a | n/a |
| Beijing Haitian Ruisheng Science Technology 688787.SS | China | $1.17B | -1% | +34% | 4% | 17.6× | n/a | n/a |
| Shenzhen Aoni Electronic 301189.SZ | China | $1.18B | -17% | +139% | 2% | 4.8× | n/a | n/a |
| China East Education 0667.HK | Hong Kong | $1.18B | -18% | +16% | 22% | 1.3× | -6.1% | +4.1% |
| Resolute Holdings Management RHLD | United States | $1.20B | +39% | +10% | 9% | 5.7× | 26.0% | n/a |
| B2 Impact B2I.OL | Norway | $947M | +1% | +9% | 48% | 5.0× | -8.3% | +3.1% |
| Service Stream SSM.AX | Australia | $943M | +7% | +1% | 3% | 0.6× | 11.7% | +24.0% |