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China Evergrande Group
$2.41
Oct 28, 4:08:05 PM GMT+8 · HKD · HKG · Disclaimer
StockHK listed securityCN headquartered
Previous close
$2.54
Day range
$2.37 - $2.56
Year range
$2.06 - $17.76
Market cap
31.93B HKD
Volume
126.07M
P/E ratio
1.65
Dividend yield
7.55%
Primary exchange
HKG
In the news
Financial performance
| (CNY) | Jun 2021info | Year/year change |
|---|---|---|
Revenue | 111.34B | -16.48% |
Net income | 7.19B | 119.92% |
| Diluted EPS | 0.54 | 116.00% |
| Net profit margin | 6.46% | 163.67% |
| Operating income | 480.00M | -97.75% |
| Net change in cash | -35.99B | -673.23% |
| Cash on hand | 86.77B | -38.35% |
| Cost of revenue | 96.93B | -3.05% |
About
The Evergrande Group or the Evergrande Real Estate Group is the second largest property developer in China by sales. It is ranked 122nd on the Fortune Global 500. It is incorporated in the Cayman Islands and headquartered in the Houhai Financial Center in Nanshan District, Shenzhen, Guangdong Province, China. It was founded in 1996 by Xu Jiayin. It sells apartments mostly to upper and middle-income dwellers. In 2018, it became the most valuable real estate company in the world.
In 2021, payments due on its debt, estimated in the hundreds of billions of dollars, resulted in the Evergrande liquidity crisis. This was one of the reasons for a drop in many stock market indices on September 20, 2021. Wikipedia
Founded
1996
Headquarters
Website
Employees
163,119