Shanghai M&G Stationery Inc. (603899.SS) Income Statement Analysis – Financial Results

About Shanghai M&G Stationery Inc.

Shanghai M&G Stationery Inc. engages in the design, development, manufacture, and sale of stationary products in China and internationally. The company offers name cards, laser presenters, white boards, white board markers, table cards, and whiteboard erasers; calculators, staplers, scissors, binders and clips, cutter knifes, pencil sharpeners, ruler and compass products, book ends, tape measures, punches, pen holders, stamp pads, and stamp inks; lever arch files, sliding bar report covers, clip boards, display books, file boxes, expending files, zip bags, name card holders, id holders, and magazine files; paper cups, alarm clocks, desk lamps, trash cans, power converters, rubber bands, garbage bags, and toner cartridges; and note books, printing papers, note papers, and sticky labels and notes. It also provides glue sticks and liquids, adhesive tapes, double sided tissue tapes, masking tapes, and tape dispensers; ballpoint pens, mechanical pencils, markers, pencils, highlighters, gel pens, refills, erasable gel pens, roller pens, and fountain pens; shredders, binding machines, and attendance machines; miffs, snoopies, teddies, correction tapes, pencil caps, training aids, locks, inks, exercise books, papers, book covers, erasers, and math sets; paint brushes, crayons, modeling clays, trays, and paints; and power cables and banks, flash disks, and chargers. As of December 31, 2021, the company operated 523 large retail stores in China, including 60 M&G Life stores and 463 Jiumu stores, as well as engages in the e-commerce business. It sells its products under the M&G brand. The company was founded in 1996 and is headquartered in Shanghai, China. Shanghai M&G Stationery Inc. is a subsidiary of M&G Holdings (Group) Co., Ltd.