Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Country Garden Holdings Company Limited    2007   KYG245241032

COUNTRY GARDEN HOLDINGS COMPANY LIMITED

(2007)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Country Garden : 2019 Net Profit Rose 14%

share with twitter share with LinkedIn share with facebook
share via e-mail
03/27/2020 | 12:06am EDT

By Yifan Wang

Country Garden Holdings Co. said its net profit in 2019 rose by 14%, due to solid revenue growth and a larger portion of profits attributable to non-controlling interests.

Net profit attributable to company owners was 39.55 billion yuan ($5.59 billion), compared with CNY34.62 billion in 2018, the Chinese developer said on Friday.

Revenue growth outpaced attributable profit, rising 28% to CNY485.91 billion, thanks to strong increases in its property sales, it said.

For 2020, Country Garden expects the coronavirus pandemic to pose temporary volatility on the operations of its construction and sales activities.

However, as the virus crisis eases in China, the company believes that housing demand will not be reduced.

 

Write to Yifan Wang at yifan.wang@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
COUNTRY GARDEN HOLDINGS COMPANY LIMITED 0.51% 9.92 End-of-day quote.-20.51%
LETS HOLDINGS GROUP CO., LTD. -1.90% 11.85 End-of-day quote.96.19%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on COUNTRY GARDEN HOLDINGS CO
06/01COUNTRY GARDEN HOLDINGS COMPANY LIMI : Ex-dividend day for final dividend (optio..
FA
05/24Chinese Developers Drag Asia's Junk-Bond Market Out of the Doldrums
DJ
04/08COUNTRY GARDEN : COVID-19 fosters self-service innovation in China
AQ
04/07China?s big developers shrug off short-term virus impact to splurge on land
RE
04/07China?s big developers shrug off short-term virus impact to splurge on land
RE
04/01China developers raise funds at home to repay pricier offshore debt
RE
03/30COUNTRY GARDEN : Releases Financial Results for 2019
PR
03/27COUNTRY GARDEN : 2019 Net Profit Rose 14%
DJ
03/27COUNTRY GARDEN HOLDINGS COMPANY LIMI : Annual results
CO
03/06Chinese property developer Macrolink defaults on bonds due to coronavirus hit
RE
More news
Financials
Sales 2020 568 B 79 832 M 79 832 M
Net income 2020 45 056 M 6 334 M 6 334 M
Net Debt 2020 122 B 17 099 M 17 099 M
P/E ratio 2020 4,36x
Yield 2020 7,08%
Capitalization 196 B 27 621 M 27 622 M
EV / Sales 2019
EV / Sales 2020 0,56x
Nbr of Employees 150 892
Free-Float 33,1%
Chart COUNTRY GARDEN HOLDINGS COMPANY LIMITED
Duration : Period :
Country Garden Holdings Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends COUNTRY GARDEN HOLDINGS CO
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 11,65 CNY
Last Close Price 9,11 CNY
Spread / Highest target 82,0%
Spread / Average Target 27,9%
Spread / Lowest Target -11,4%
EPS Revisions
Managers
NameTitle
Bin Mo President & Executive Director
Kwok Keung Yeung Co-Chairman
Hui Yan Yang Co-Chairman
Bi Jun Wu Chief Financial Officer & Vice President
Lai Him Shek Independent Non-Executive Director