Qumei Home Furnishing Group

QuMei Home Furnishings Group designs, manufactures, and markets furniture products in China.

Launch date

1993

Employees

Market cap

Enterprise valuation

AUD797m (Public information from Sep 2024)

Beijing China (HQ)

http://qumei.com

https://www.linkedin.com/company/qumei-home-furnishings-group/

Revenues, earnings & profits over time

CNY	2019	2020	2021	2022	2023
Revenues	4.3b	4.3b	5.1b	4.9b	4.0b
% growth	-	-	19 %	(4 %)	(17 %)
EBITDA	690m	722m	876m	610m	433m
% EBITDA margin	16 %	17 %	17 %	13 %	11 %
Profit	82.2m	104m	178m	37.0m	(304m)
% profit margin	2 %	2 %	4 %	1 %	(8 %)
R&D budget	90.8m	90.9m	101m	98.2m	83.1m
R&D % of revenue	2 %	2 %	2 %	2 %	2 %

Date	Investors	Amount	Round
Apr 2015	N/A	N/A	IPO
Jan 2024*	Guotai Junan Securities China Asset Management Minsheng Securities Caitong Fund Management Huaan Securities The Swiss National Bank Nord Fund Management Tianan Life Insurance Huatai Asset Management	CNY545m	Private Placement non VC
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.