002818
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Shanghai Composite
002818
Over the past 12 months, Chengdu Fusen Noble-House Industrial Co Ltd has underperformed Shanghai Composite, delivering a return of -23% compared to the Shanghai Composite's +13% growth.
Stocks Performance
002818 vs Shanghai Composite
Performance Gap
002818 vs Shanghai Composite
Performance By Year
002818 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Chengdu Fusen Noble-House Industrial Co Ltd
Glance View
Chengdu Fusen Noble-House Industrial Co Ltd, a well-established name in the Chinese furniture manufacturing industry, has steadily carved out its niche since its inception. Rooted in the vibrant city of Chengdu, the company draws on the region's rich cultural heritage, blending traditional techniques with modern innovation. This amalgamation has given rise to a portfolio that caters primarily to the high-end spectrum of the market, focusing on creating exquisite home furnishings that resonate with luxury and elegance. Through an astute understanding of design aesthetics and consumer demand, Fusen Noble-House has adeptly positioned itself to attract China's burgeoning middle and upper classes who are eager to invest in quality and sophisticated lifestyle products. Operating with a vertically integrated business model, Fusen Noble-House ensures control over the entire production process, from raw material sourcing to distribution. This structure not only enables the company to maintain quality oversight but also enhances operational efficiencies, translating into cost competitiveness. By leveraging a combination of brick-and-mortar showrooms and an expanding digital presence, the company reaches a broad audience, further bolstered by China's growing e-commerce landscape. Moreover, strategic collaborations with designers and luxury brands add to the allure of their products, allowing Fusen Noble-House to capture value through premium pricing. As a result, the company generates revenue through both domestic sales and an increasing footprint in international markets, riding the wave of China’s global trade partnerships.
