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  >  China Resources Land Limited    1109   KYG2108Y1052

CHINA RESOURCES LAND LIMITED

(1109)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

China Resources Land : UNAUDITED OPERATING FIGURES FOR THE MONTH ENDED 31 JULY 2020

08/12/2020 | 08:58am EST

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1109)

UNAUDITED OPERATING FIGURES

FOR THE MONTH ENDED 31 JULY 2020

The board of directors (the "Board") of China Resources Land Limited (the "Company") hereby announces that for the month ended 31 July 2020, the Company and its subsidiaries (the "Group") achieved gross contracted sales of approximately RMB23.97 billion with contracted GFA of approximately 1,133,826 square meters, up by 89.5% and 57.4% YoY respectively. Over the same period, attributable contracted sales achieved approximately RMB14.32 billion with contracted GFA of approximately 804,530 square meters, up by 84.3% and 52.0% YoY respectively.

Gross contracted sales regional breakdown for 2020 listed below:

Region

Total Contracted Sales

Total Contracted GFA

(RMB mn)

(square meter)

North China Region

25,345

1,598,231

East China Region

38,911

1,304,623

South China Region

34,717

1,450,692

West China Region

13,690

1,279,971

Northeast China Region

13,096

1,104,272

Central China Region

9,029

716,667

Total:

134,788

7,454,456

Rental income from investment properties in July 2020 achieved approximately RMB1.144 billion, up by 15.3% YoY. Rental income from investment properties for the first seven months of 2020 achieved approximately RMB6.25 billion, down by 7.9% YoY.

The preliminary figures disclosed above are derived from the Group's internal management records and subject to change and may differ from those appear in the audited and unaudited financial statements of the Group to be published on yearly and half-yearly basis. They shall not be taken as a measure or indication of the Group's current or future operating or financial performance. As such they are strictly for information only and not for any other purpose. Investors are advised not to place any reliance on the information disclosed herein but to exercise due caution when dealing in the securities of the Company. Any investor who is in doubt is advised to seek advice from professional advisors.

By Order of the Board

China Resources Land Limited

LI Xin

President

PRC, 12 Aug 2020

As at the date of this announcement, the non-executive directors of the Company are Mr. Wang Xiangming, Mr. Yan Biao, Mr. Chen Ying, Mr. Wang Yan and Mr. Chen Rong; the executive directors of the Company are Mr. Li Xin, Mr. Zhang Dawei, Mr. Xie Ji, Mr. Shen Tongdong and Mr. Wu Bingqi; and the independent non-executive directors of the Company are Mr. Ho Hin Ngai, Bosco, Mr. Andrew Y. Yan, Mr. Wan Kam To, Peter, Mr. Zhong Wei and Mr. Sun Zhe.

Disclaimer

China Resources Land Limited published this content on 12 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2020 12:57:15 UTC


© Publicnow 2020
All news about CHINA RESOURCES LAND LIMITED
11/26Hong Kong shares track regional rise on COVID-19 vaccine, U.S. stimulus hopes
RE
11/25JD Health IPO Adds to Hale and Hearty Hong Kong Market
DJ
11/24China Resources Mixc Seeks to Raise Up to US$1.58 Billion in Hong Kong IPO
DJ
11/19China shares up as investors eye recovery, unfazed by bond defaults
RE
09/30China shares rise on upbeat factory surveys, consumer stocks boost
RE
09/24CHINA RESOURCES LAND LIMITED : Ex-dividend day for interim dividend
FA
09/11CHINA RESOURCES LAND : Unaudited operating figures for the month ended 31 august..
PU
09/11CHINA RESOURCES LAND : Voluntary announcement-land acquisition update for the mo..
PU
09/09HYATT HOTELS : Andaz Xiamen Opens in South China; The new luxury lifestyle hotel..
AQ
08/31CHINA RESOURCES LAND : Proposed spin-off and separate listing of china resources..
PU
More news
Financials
Sales 2020 198 B 25 529 M 25 529 M
Net income 2020 30 987 M 3 998 M 3 998 M
Net Debt 2020 106 B 13 640 M 13 640 M
P/E ratio 2020 7,82x
Yield 2020 4,24%
Capitalization 237 B 30 543 M 30 543 M
EV / Sales 2020 1,73x
EV / Sales 2021 1,33x
Nbr of Employees 48 656
Free-Float 40,4%
Chart CHINA RESOURCES LAND LIMITED
Duration : Period :
China Resources Land Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA RESOURCES LAND LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 26
Average target price 44,05 HKD
Last Close Price 33,20 HKD
Spread / Highest target 55,7%
Spread / Average Target 32,7%
Spread / Lowest Target 4,94%
EPS Revisions
Managers
NameTitle
Xin Li Co-President & Executive Director
Da Wei Zhang Vice Chairman & Co-President
Xiang Ming Wang Chairman
Shi Qing Guo Chief Financial Officer
Tong Dong Shen Chief Information Officer & Executive Director