China Resource Enterprises (Supermarket Retailing) 2009: A Company Profile

Published by: Access Asia

Published: Jun. 4, 2009 - 37 Pages

Table of Contents

1 OVERVIEW

1.1 Report Overview

1.2 Other Access Asia Reports of Possible Interest

1.3 Free Weekly Online Newsletter and Editorials

2 CHINA RESOURCE ENTERPRISE (CRE)

2.1 Company Details

2.2 Company Background

Table 2.1 CHINA RESOURCES ENTERPRISE: PRINCIPAL RETAIL SUBSIDIARIES & ASSOCIATES IN CHINA, END-2008

Table 2.2 CHINA RESOURCES ENTERPRISE: TURNOVER OF SUPERMARKET BUSINESS BY GEOGRAPHICAL REGION, 2004-2008

Table 2.3 CHINA RESOURCES ENTERPRISE: TURNOVER BREAKDOWN BY STORE FORMAT FOR SUPERMARKET BUSINESS, 2008

Table 2.4 CHINA RESOURCES ENTERPRISE: BREAKDOWN OF CR VANGUARD & SUGUO STORES IN CHINA BY STORE FORMAT, 2004-2008

Table 2.5 CHINA RESOURCES ENTERPRISE: BREAKDOWN OF CR VANGUARD & SUGUO STORES IN CHINA BY MANAGEMENT (FRANCHISED/SELF-OPERATED), 2004-2008

Table 2.6 CHINA RESOURCES ENTERPRISE: NUMBER OF SUGUO, CR VANGUARD STORES, 2004-2008

Table 2.7 CHINA RESOURCES ENTERPRISE: CR VANGUARD STORES IN CHINA, 2006-2008

Table 2.8 CHINA RESOURCES ENTERPRISE: CR VANGUARD STORES BY GEOGRAPHICAL LOCATION & OWNERSHIP IN CHINA

Table 2.9 CHINA RESOURCES ENTERPRISE: CR VANGUARD STORES BY GEOGRAPHICAL LOCATION IN CHINA, 2006-2008

Table 2.10 CHINA RESOURCES ENTERPRISE: SUGUO STORES IN CHINA, 2004-2008

Table 2.11 CHINA RESOURCES ENTERPRISE: SUGUO STORES BY GEOGRAPHICAL LOCATION IN CHINA, 2004-2008

Table 2.12 CHINA RESOURCES ENTERPRISE: SAME-STORE SALES GROWTH OF SUPERMARKET BUSINESS, 2003-2008

3 CHINA RESOURCE ENTERPRISE’S MARKET

3.1 The Supermarket Retailing Industry

3.1.1 The Supermarket Retailing Industry: Total Retail Above Government Statistics Threshold

Table 3.1 TOTAL RETAIL INDUSTRY ABOVE THE GOVERNMENT STATISTICS THRESHOLD, 2002-2008

3.1.2 The Supermarket Retailing Industry: The Total Retail Industry

Table 3.2 THE TOTAL RETAIL INDUSTRY STRUCTURE, 2002-2008

3.1.3 The Supermarket Retailing Industry: Supermarket Significance Within the Total Retail Industry

Table 3.3 SUPERMARKET SIGNIFICANCE WITHIN THE TOTAL RETAIL INDUSTRY, 2002-2008

3.2 Supermarket Industry Sectors By Size

3.2.1 Supermarket Industry Sectors By Size: Size Definitions & Averages

Table 3.4 ESTIMATED AVERAGE SUPERMARKET OUTLET SALES, PROFITS, SIZE & STAFF (INCLUDING STORES BELOW THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2002-2008

3.2.2 Supermarket Industry Sectors By Size: Outlets

Table 3.5 ESTIMATED SUPERMARKET NUMBER OF OUTLETS (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2002-2008

3.2.3 Supermarket Industry Sectors By Size: Floorspace

Table 3.6 ESTIMATED SUPERMARKET AREA OF FLOORSPACE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2002-2008

3.2.4 Supermarket Industry Sectors By Size: Staff

Table 3.7 ESTIMATED SUPERMARKET NUMBER OF STAFF (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2002-2008

3.2.5 Supermarket Industry Sectors By Size: Sales

Table 3.8 ESTIMATED SUPERMARKET SALES REVENUE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2002-2008

3.2.6 Supermarket Industry Sectors By Size: Profits

Table 3.9 ESTIMATED SUPERMARKET NET PROFITS (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2002-2008

3.2.7 Supermarket Industry Sectors By Size: Footfall & Basket Size

Table 3.10 AVERAGE SUPERMARKET CUSTOMER VISITS & BASKET VALUE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2002-2008

3.3 Leading Supermarket Retailers

3.3.1 Leading Supermarket Retailers: Top 50 FMCG Chainstore Retailers’ Turnover & Stores

Table 3.11 CHINA’S TOP 50 FAST MOVING CONSUMER GOODS (FMCG) CHAIN-STORE RETAILERS TOTAL SALES TURNOVERS AND OUTLET NUMBERS, 2008

Table 3.12 CHINA’S TOP 50 FAST MOVING CONSUMER GOODS (FMCG) CHAIN-STORE RETAILERS AVERAGE OUTLET SALES TURNOVER, 2008

3.3.2 Leading Retailers: Top-10 Foreign-invested Supermarket Retailers

Table 3.13 COMPARISON OF CHINA’S 10 LEADING FOREIGN-INVESTED SUPERMARKET/HYPERMARKET RETAIL CHAINS, 2004-2008

3.3.3 Leading Retailers: Selected Retailer Same Store Sales Growth

Table 3.14 SAME-STORE SALES GROWTH OF SELECTED RETAILERS, 2004-2008

3.3.4 Leading Retailers: Selected Listed Retailer Non-retail Revenue Significance

Table 3.15 OTHER REVENUE AS A % OF SELECTED LISTED RETAILERS’ TOTAL REVENUE, 2004-2008

3.3.5 Leading Retailers: Selected Listed Retailer Net Profit Margins

Table 3.16 SELECTED LISTED RETAILERS’ NET PROFIT MARGINS, 2004-2008

3.3.6 Leading Retailers: Selected Listed Retailer Operating Profit Margins

Table 3.17 SELECTED LISTED RETAILERS’ OPERATING PROFIT MARGINS, 2004-2008

3.3.7 Leading Retailers: Selected Listed Retailer Gross Profit Margins

Table 3.18 SELECTED LISTED RETAILERS’ GROSS PROFIT MARGINS, 2004-2008

3.3.8 Leading Retailers: Selected Listed Supermarket Retailer Gross Profit Margins

Table 3.19 SUPERMARKET/HYPERMARKET/WAREHOUSE STORE SELECTED LISTED RETAILERS’ GROSS PROFIT MARGINS, 2004-2008

3.3.9 Leading Retailers: Selected Listed Retailer Supermarket Business Share of Revenue

Table 3.20 SUPERMARKET/HYPERMARKET/WAREHOUSE STORE SELECTED LISTED RETAILERS’ REVENUE SHARES, 2004-2008

3.3.10 Leading Retailers: Selected Listed Supermarket Retailer Current Ratios

Table 3.21 CURRENT RATIO OF SELECTED RETAILERS, 2004-2008

3.3.11 Leading Retailers: Selected Listed Supermarket Retailer Debt-Equity Ratios

Table 3.22 DEBT TO EQUITY RATIO OF SELECTED RETAILERS, 2004-2008

3.3.12 Leading Retailers: Selected Listed Supermarket Retailer Return on Assets

Table 3.23 RETURN ON ASSETS OF SELECTED LISTED RETAILERS, 2004-2008

4 CHINA RESOURCE ENTERPRISE’S FINANCES & FUTURE

4.1 Financial Results

Table 4.33 CHINA RESOURCES ENTERPRISE: FINANCIAL RESULTS OF SUPERMARKET BUSINESS, 2004-2008*

4.2 Future Development

Abstract

Access Asia’s Company Profile series of reports are meant to provide independent analysis on Chinese companies either in the news, or on the M&A radar. All company profiles contain contact details, company background and history, key activities in China, a SWOT analysis and key financial figures. We also include any key company events that have made the news, new product releases and branding activity.

The shift towards hypermarket and superstore is evident in the store opening trend in the past few years cross CRE’s businesses. Aside from the 1,100% growth for Olé from between 2004 and 2008, there has been a strong growth in hypermarkets, up 444.44% between 2004 and 2008.

The number of self-operated stores exceeded franchise stores in 2008, indicating CRE’s growing preference for expansion through self-operated stores, rather than through franchisees, where quality is harder to control.

Average sales per outlet were significantly lower than the average for the top-50 FMCG retailers in China in 2008, for both Suguo and CR Vanguard. The company will be looking to increase this measure through opening of larger format stores in the future.

About MarketResearch.com
MarketResearch.com is an online aggregator selling over 250,000 market research reports, company profiles and country profiles from over 650 research firms. Our reports will provide you with the critical business and competitive intelligence you need for strategic planning and marketing research. Coverage includes the US, UK, Europe, Asia and global markets.