QUANJUDE GROUP: Latest Food Processing Style Financial Growth Break-down

4.65
23 ratings

Analysis:

Quanjude Group [002186:CH] is generally recognized as China Quanjude Group Co., Ltd. that is owned, based, and properly managed in China with its full involvement in the packaging and repackaging of all kinds of special food meals that will be beneficial to the healthy living of people living within and outside China. They mostly render common services to people through the provision of a modernized restaurant which they use to draw the attention of customers. Food has been provided to people through the company are always sweet and nice as to be compared to others within the country; this has drawn the attention of the Chinese government to keep supporting through the promotion and advertisement, and many others. They manage to distribute its product mainly within the domestic market.


Cash Flow Out-put:

The cash flow of the company in net operating cash decreased slightly of about $9.7 million with 16.4% year-on-year in FY19 than to that of $11.3 million in FY18. The net investment cash of the company has a heavy increase of about $40.9 million in FY19 with 89.2% year-on-year then to $4.4 million in FY18. Net financing cash of the company decreased slightly to about $10.5 million in FY19 with 14.2% year-on-year than $12.0 million in FY18. Cash the company used in starting the period decreased slightly having $140.9 million with 3.6% year-on-year than to that of $146.0 million in FY18. Available cash that was with the company at the end of the period decreased slightly by about $99.1 million with 42.1% year-on-year than to be compared to $140.9 million in FY18. The expenditure on the capital of the company has about $6.3 million in FY19 with 9.5% year-on-year than that of $6.9 million in FY18.


Asset Rundown Out-put:

The current asset of the company in cash equivalents has a slight decrease of about $99.1 million with 42.1% year-on-year in FY19 than to that of $140.9 million in FY18. The receivable company account increased slightly by about $10.7 million with 6.5% year-on-year in FY19 than that of $10.0 million in FY18. The other current asset of the company has a slight decrease of about $6.9 with 7.2% year-on-year than that of $7.4 million in FY18. The total current asset of the company has a slight decrease of about $128.4 million with 32.4% year-on-year than that of $170.1 million in FY18. Looking at this period, their asset rundown activity performance in FY19 was not better than to be compared to that of FY18 because of the low effort they make to actualize the company's goal and objective.


Sales per Business:

The company reported that its restaurant business service has a slight decrease of about CNY1,104 million in FY19 with 15.6% year-on-year than that of CNY1,277 in FY18. The merchandise services rendered by the company have about CNY411.9 million in FY19 with 9.5% year-on-year than to be compared to CNY451.4 in FY18. Sale from the company other business segments has about CNY50.1 million in FY19 with 2.3% year-on-year than to be compared to that of CNY48.9 in FY18.


Sales per Region:

The company's financial out-put per region decreased slightly in China having CNY1,566 million in FY19 with 13.4% year-on-year than that of CNY1,777 million in FY18. Looking at this period, the performance was not really favorable with the company but presently, adequate measures have been applied to improve its financial business outcome.


Sale/Revenue 3Q20:

Checking about this period, there was a slight financial increase in revenue within the company having CNY203.0 with 34.8% quarter-on-quarter in 3Q20 than to that of CNY132.3 in 2Q20. With this, people have to understand that the company performed well in 3Q20 than in 2Q20. The gross profit of the company has a heavy decrease of CNY11.1 with about 150.4% quarter-on-quarter in 3Q20 than to be compared to CNY27.8 in the previous 2Q20.


Conclusion:

I so much love researching about this company because they remain one of the best and biggest food processing and distribution provider within the regions, provinces, communities, and many other vital areas in China not minding as they have much other business they are managing especially in the restaurant and many other related food services that satisfy people; Their food processing services are provided and presented in good and attracting way to the public. Most of their services have continued to improve with heavy growth through the help of introduction of advanced food processing technology that helps to support the workforce of the company. Just keep trying your possible best to be patronizing this company because their services are properly handled by food management experts.


References:

https://www.dnb.com/business-directory/company-profiles.china_quanjude_%28group%29_co_ltd.2079f2c7d1d8bd3ca8d09118d6a48f93.html

https://www.marketscreener.com/quote/stock/CHINA-QUANJUDE-GROUP-CO-6500008/company/

https://www.reuters.com/companies/002186.SZ/financials/income-statement-quarterly


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