China Resources Land Limited (HKG: 1109)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
22.55
-0.35 (-1.53%)
Dec 30, 2024, 4:08 PM HKT
-19.46%
Market Cap 160.80B
Revenue (ttm) 276.46B
Net Income (ttm) 29.96B
Shares Out 7.13B
EPS (ttm) 4.20
PE Ratio 5.37
Forward PE 5.67
Dividend 1.53 (6.69%)
Ex-Dividend Date Sep 9, 2024
Volume 16,016,171
Open 22.90
Previous Close 22.90
Day's Range 22.40 - 23.20
52-Week Range 18.56 - 33.70
Beta 0.52
Analysts n/a
Price Target n/a
Earnings Date Mar 25, 2025

About China Resources Land

China Resources Land Limited, an investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China. The company operates through four segments: Development Property Business, Investment Property Business, Asset-light Management Business, and Eco-system Elementary Business. It engages in development and sale of residential properties, offices, and commercial premises; and leases investment properties comprising self-developed and under sublease, such as shopping malls, office... [Read more]

Sector Real Estate
Founded 1994
Employees 61,658
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 1109
Full Company Profile

Financial Performance

In 2023, China Resources Land's revenue was 251.14 billion, an increase of 21.29% compared to the previous year's 207.06 billion. Earnings were 31.37 billion, an increase of 11.65%.

Financial numbers in CNY Financial Statements

News

Shenzhen’s US$2.5 billion land sale is a bright spot for China’s sluggish property market

China Overseas Land and Investment and China Resources Land snap up 263,000-square-metre parcel in Nanshan district.

27 days ago - South China Morning Post

Some Chinese developers cancel discounts after ‘golden week’ sales rebound

State-backed China Resources Land said it would withdraw the 2 per cent discounts for all its residential projects in Beijing.

2 months ago - South China Morning Post

China Resources Land posts record decline in its interim profit amid housing market torpor

China’s property sector has been beset by woes since 2020, when Beijing introduced the “three red lines” policy to restrict developers’ borrowing binge.

4 months ago - South China Morning Post