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Page 1: Homewares in China- Leading Companies

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Page 2: Homewares in China- Leading Companies

LEADING COMPANIES

Beijing Easyhome Investment Holding Group Co Ltd

Table 1: Beijing Easyhome Investment Holding Group Co Ltd: key facts

Head office: No.3 Dongzhimen South Avenue, Dongcheng District, 100007, Beijing, CHN

Telephone: 86 010 8409 8691

Fax: 86 010 8409 8683

Website: www.juran.com.cn

SOURCE: COMPANY WEBSITE M A R K E T L I N E

Founded in March 1999, Beijing Easyhome Investment Holding Group Co., Ltd is a large-scale state-owned

shareholding enterprise invested in by 33 shareholders. The major business scope of the company includes providing

“one-stop” services such as decoration design, decoration materials, furniture, home supplies and decorations. The

company also runs a large-scale shopping center which integrates home decoration design centers, furniture and

construction materials markets, branded furniture and construction materials stores, construction materials

supermarkets, and home supplies markets.

Currently, the company has established 19 branches: Beisihuan, Shilihe, Yuquanying, and Jinyuan in Beijing, and 15

branches in other cities. The total business area of the company is about 3,000,000 square meters. In the next 3-5 years,

Easyhome plans to establish 30-50 stores in large and medium-sized cities all over the country, with estimated annual

sales exceeding CNY25 billion ($3.7bn).

Key Metrics

Financial details are currently unavailable for this company.

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Page 3: Homewares in China- Leading Companies

Ikea Group

Table 2: Ikea Group: key facts

Head office: Olof Palmestraat 1, NL 2616 LN Delft, NLD

Telephone: 46 709 936376

Fax: 31 15 215 3838

Website: www.ikea.com

Financial year-end: August

SOURCE: COMPANY WEBSITE M A R K E T L I N E

Ikea is a global retailer of Scandinavian-designed furniture and accessories. The parent company of the Ikea Group of

companies is Ingka Holding, a private Dutch-registered company, which, in turn, is owned by Stichting Ingka Foundation.

The Stichting Ingka Foundation was established in 1982 by Ingvar Kamprad and the ownership of this foundation lies

with the Kamprad family. The Ikea trademark and concept is owned by Inter Ikea Systems, another private Dutch

company, but not part of the Ingka Holding group. The parent company of Inter Ikea Systems is Inter Ikea Holding which

is registered in Luxembourg.

Ikea is a vertically integrated furniture group. Ikea's industrial group constitutes Swedwood, Swedspan and IKEA Industry

Investment and Development (IIID). This industrial group is engaged in activities such as production from forestry,

sawmilling, board manufacturing and furniture production. Swedwood has 33 production units in 10 countries and

Swedspan has five production units in five countries. IIID is an advisory and investment service company. Ikea also

operates 26 distribution centers and 11 customer distribution centers in 16 countries. These centers supply goods to Ikea

stores. Ikea also has 29 trading service offices in 25 countries and 1,018 suppliers in 53 countries.

The group offers a range of furniture for living rooms, bedrooms, kitchens and children's rooms. Ikea offers fabric sofas,

leather sofas, armchairs, sofa beds, rattan seating, book cases, extra covers, cabinets, sideboards, shelving units, wall

shelves, CD and DVD storage solutions, TV solutions, coffee tables and side tables for living rooms. For the bedroom,

the group offers beds, mattresses, comforters, pillows, linens, curtains and wardrobes. The group's kitchen offerings

include built-in kitchens, free standing kitchens, kitchen accessories and appliances. For children, Ikea offers nursing and

changing tables, sleeping, eating, storage and playing accessories.

All Ikea stores have customer restaurants that offer a choice of local dishes. Most stores also have a food shop, the

Swedish Food Market, which sells Swedish delicacies such as meatballs, pickled herring, crisp bread, and lingonberry

jam. The range includes nearly 90 products which are sold under the Ikea food brand. Many Ikea stores also have a play

area named Smaland for children aged four to 10 years.

Key Metrics

IKEA is a private company and does not release full financial details; however in 2012 the company reported revenues of

€27bn (approximately $37bn), up 9.5% compared to the previous year.

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Page 4: Homewares in China- Leading Companies

Intime Department Store (Group) Company Limited

Table 3: Intime Department Store (Group) Company Limited: key facts

Head office: 1063 3 Creative Culture Industrial Park, Sihui East Road Chaoyang District, Beijing 100124, CHN

Telephone: 86 10 65639300

Fax: 86 10 65688886

Website: www.intime.com.cn

Financial year-end: December

Ticker: 1833

Stock exchange: Hong Kong

SOURCE: COMPANY WEBSITE M A R K E T L I N E

Intime Department Store is an investment holding company that is engaged in the operation and management of

department stores through its subsidiaries. The group operates and manages a portfolio of 28 stores with a gross floor

area (GFA) of 1,214,939 square meters, including 17 department stores located within Zhejiang province, six department

stores located in Hubei province and two stores located in Shaanxi province. In addition, it operates department stores

and develops comprehensive shopping malls. The group primarily operates in China, where it is headquartered in Beijing

and employs around 7,530 people.

Key Metrics

The company recorded revenues of $545 million in the fiscal year ending December 2012, an increase of 25.5%

compared to fiscal 2011. Its net income was $125 million in fiscal 2012, compared to a net income of $106 million in the

preceding year.

Table 4: Intime Department Store (Group) Company Limited: key financials ($)

$ million 2008 2009 2010 2011 2012

Revenues 157.3 213.8 316.0 434.3 544.9

Net income (loss) 48.5 59.4 88.0 105.5 124.9

Total assets 923,766.6 961,665.9 1,578.8 2,214.9 2,735.6

SOURCE: COMPANY FILINGS M A R K E T L I N E

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Page 5: Homewares in China- Leading Companies

Table 5: Intime Department Store (Group) Company Limited: key financials (HK$)

HK$ million 2008 2009 2010 2011 2012

Revenues 1,224.5 1,664.2 2,460.1 3,380.7 4,241.5

Net income (loss) 377.6 462.6 685.2 821.4 972.5

Total assets 7,190,507.0 7,485,511.0 12,289.5 17,240.7 21,294.0

SOURCE: COMPANY FILINGS M A R K E T L I N E

Table 6: Intime Department Store (Group) Company Limited: key financial ratios

Ratio 2008 2009 2010 2011 2012

Profit margin 30.8% 27.8% 27.9% 24.3% 22.9%

SOURCE: COMPANY FILINGS M A R K E T L I N E

Figure 1: Intime Department Store (Group) Company Limited: revenues & profitability

SOURCE: COMPANY FILINGS M A R K E T L I N E

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