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600415.SS — Shanghai Stock Exchange Department Stores

Zhejiang China Commodities City Group Co Ltd

¥13,62
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Mcap
74,7B CNY
P/E
—
EV / Rev
—
Div yield
2,49 %
Op margin
26,9 %
ROE
18,3 %
Net margin
21,1 %
Debt / equity
0,19
Beta
—
52w range
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Volume
—
Day range
—
Prev close
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Open
—
Next earnings
—
Ex-dividend
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TR 1Y
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About

Zhejiang China Commodities City Group Co Ltd operates as a department store retailer, generating revenue primarily through the sale of consumer goods in physical retail locations.

Business. Zhejiang China Commodities City Group Co Ltd (600415.SS) is a retailer operating in the department stores industry within the Consumer Cyclicals sector. The company is headquartered in China and is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorConsumer Cyclicals
Business sectorRetailers
IndustryDepartment Stores
Generated · model-assisted
Sell-side consensus
BUY9 analysts
9 buy0 hold0 sell
Avg 12m price target22,33

Analyst recommendations

9 analysts · consensus Buy
Buy9
Hold0
Sell0
12-month price target
22,33
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
9 analysts · indicative
Ownership
—
not yet wired
Profitability→
18,3 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 600415.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 600415.SS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Zhejiang China Commodities City Group Co Ltd (600415.SS) is a retailer operating in the department stores industry within the Consumer Cyclicals sector. The company is headquartered in China and is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorRetailers
    IndustryDepartment Stores
    AI synthesis
    GENERATED

    The company maintains a strong liquidity position with a current ratio of 1.14, indicating sufficient short-term assets to cover liabilities. However, its free cash flow of 685.14 million CNY is relatively modest compared to operating cash flow of 10.53 billion CNY, suggesting some capital constraints. The price-to-book ratio of 3.16 and price-to-tangible-book ratio of 3.16 indicate a premium valuation relative to its equity base.

    Profitability metrics show a return on equity (ROE) of 18.32% and return on assets (ROA) of 9.47%, both exceeding the typical thresholds for the retail sector. The gross profit margin of 31.3% and operating margin of 26.85% reflect strong cost control and pricing power. These metrics align with the company's focus on high-margin retail operations.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification beyond its primary market in Zhejiang, China. This concentration increases exposure to regional economic fluctuations and regulatory changes.

    Outlook data indicates a projected revenue growth of 5.2% for the current fiscal year and 3.8% for the next fiscal year. This growth is supported by a stable operating cash flow and a relatively low debt-to-equity ratio of 0.19, which suggests manageable leverage.

    Risk factors include a medium liquidity risk due to a current ratio just above 1.0 and a negative net cash position after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential in the near term. The company has not disclosed any recent equity issuances or shelf registration activities that would suggest imminent dilution.

    Recent events include a strong analyst sentiment with a mean price target of 22.33 CNY and a median price target of 21.59 CNY, indicating a positive outlook from the investment community. The company has not disclosed any recent earnings call transcripts or regulatory filings that would suggest material changes in its business strategy or financial condition.

    Key takeaways
    • The company maintains a strong ROE of 18.32% and ROA of 9.47%, indicating efficient use of equity and assets.
    • A current ratio of 1.14 suggests adequate short-term liquidity, though the company's net cash position is negative after accounting for total debt.
    • Analysts have a positive outlook, with a mean price target of 22.33 CNY and a median price target of 21.59 CNY.
    • Revenue growth is projected at 5.2% for the current fiscal year and 3.8% for the next, supported by stable operating cash flow.
    • The company's business is concentrated in a single segment and geographic region, increasing exposure to local economic and regulatory risks.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥13,62
    Market cap
    ¥72.60B
    Enterprise valueⓘ
    ¥77.06B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    7.3x
    P / Bⓘ
    3.2x
    P / Tangible bookⓘ
    3.2x
    Tangible book
    ¥22.95B
    Net cashⓘ
    -¥4.46B
    Current ratioⓘ
    1.1
    Debt / equityⓘ
    0.2
    ROAⓘ
    9.5%
    ROEⓘ
    18.3%
    Cash conversionⓘ
    250.0%
    CapEx / revenueⓘ
    -10.9%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,99
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    9
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-05-25 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate0,99
    Revenue—no estimate—no estimate24,1B CNY
    Operating income—no estimate—no estimate6,7B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution9 analysts
    Strong buy5
    Buy4
    Hold0
    Sell0
    Strong sell0
    12-month price target¥22,33 · Median ¥21,59
    Low ¥19,50High ¥26,50
    Operating income · consensus6,7B CNY
    EPS surprise
    −22,4 %
    reported vs consensus · miss
    Revenue surprise
    −17,3 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low¥19,50
    Mean¥22,33
    Median¥21,59
    High¥26,50
    Spot¥13,62
    +63.9 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin26,9 %Best in class
    Net Margin21,1 %Best in class
    ROE18,3 %Best in class
    Capex / Rev-10,9 %Bottom quartile
    D/E0,19Above median
    Cash Conv2,50Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • Zhejiang China Commodities City Group Co Ltd Market data — financials · 2026-05-27
    • Zhejiang China Commodities City Group Co Ltd Market data — analyst estimates · 2026-05-27
    • Zhejiang China Commodities City Group Co Ltd Market data — ESG · 2026-05-27

    Ownership & reference

    Leadership

    • Dezhan ChenExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    600415.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage