Country Garden Holdings Company Limited (HKG:2007)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
0.4350
-0.0050 (-1.14%)
Apr 24, 2025, 4:08 PM HKT
-10.31%
Market Cap 12.19B
Revenue (ttm) 268.98B
Net Income (ttm) -34.94B
Shares Out 27.71B
EPS (ttm) -1.27
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 35,897,524
Average Volume 58,750,844
Open 0.4350
Previous Close 0.4400
Day's Range 0.4300 - 0.4450
52-Week Range 0.3700 - 0.6300
Beta 2.45
RSI 47.02
Earnings Date Mar 28, 2025

About HKG:2007

Country Garden Holdings Company Limited, an investment holding company, invests, develops, and constructs real estate properties primarily in Mainland China. It operates through two segments, Property Development and Technology-Enabled Construction. The company develops residential projects, such as townhouses and condominiums, and car parks and retail shops spaces. The company also develops, operates, and manages hotels. In addition, it research and develops robots; sells electronic hardware products and food; and provides interior decoration,... [Read more]

Sector Real Estate
Founded 1992
Employees 22,794
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 2007
Full Company Profile

Financial Performance

In 2024, HKG:2007's revenue was 252.76 billion, a decrease of -36.97% compared to the previous year's 401.02 billion. Losses were -32.84 billion, -81.59% less than in 2023.

Financial numbers in CNY Financial Statements

News

Country Garden says restructurings covering at least 8 bonds receive creditor approval

Country Garden gets approval for restructuring eight bonds, making progress in its debt-management plan.

16 days ago - South China Morning Post

Vanke reports $6.8 billion annual loss amid struggling Chinese property market

Vanke, a major Chinese property developer, reported a substantial $6.8 billion loss in 2024 due to falling sales and shrinking profit margins. The company attributed the loss to overexpansion and high...

23 days ago - The Times of India

No respite in sight for top Chinese developers as profits continue to slump

China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to 32.8 billion yuan.

24 days ago - South China Morning Post

Property sales at Chinese developer Country Garden drop by over a third

Revenue slump highlights extent of real estate slowdown now in its fourth year

24 days ago - Financial Times

Country Garden’s 2024 loss narrows amid initial recovery signs in China’s property sector

The loss attributable to shareholders stood at 32.8 billion yuan, compared with a record 178 billion yuan loss in 2023, according to an exchange filing.

24 days ago - South China Morning Post

Country Garden shares jump 17% on trading resumption amid debt restructuring hopes

Stock jumps as much as 30 per cent in Hong Kong after a nine-month trading suspension.

3 months ago - South China Morning Post

Country Garden Shares Rise After Monthslong Suspension

Shares in the company, once one of China’s largest developers, rose on the resumption of trade after it pledged to reach a debt-restructuring deal with creditors.

3 months ago - The Wall Street Journal

Country Garden Shares Rise After Monthslong Suspension

Shares in the company, once one of China's largest developers, rose on the resumption of trade after it pledged to reach a debt-restructuring deal with creditors.

3 months ago - WSJ

Country Garden Lost $24.33 Billion in 2023

The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.

3 months ago - The Wall Street Journal

Country Garden Lost $24.33 Billion in 2023

The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.

3 months ago - WSJ

Troubled Chinese developer Country Garden’s loss for first half of 2024 narrows

Foshan-based developer also says revenue for first half of 2024 fell 55 per cent to 102 billion yuan.

3 months ago - South China Morning Post

Chinese builder Country Garden details offshore debt restructuring

Developer claims it has understanding with key creditors on deal to reduce debt by up to US$11.6 billion.

3 months ago - South China Morning Post

Country Garden Proposes Restructuring Terms With Key Banks

Chinese developer Country Garden Holdings Co. proposed new terms with key banks, as the defaulted property firm inches toward an offshore debt restructuring.

3 months ago - BNN Bloomberg

Country Garden Monthly Sales Decline Extends in December

Country Garden Holdings Co.’s sales slump continued in December even as the Chinese property market showed signs of stabilization after the government’s stimulus packages.

3 months ago - BNN Bloomberg

Exclusive: Country Garden submits offshore debt restructuring plan to creditors, sources say

Country Garden submitted the preliminary terms of its offshore debt restructuring proposal to some creditors late last month, said five sources familiar with the matter, as the indebted Chinese proper...

5 months ago - Reuters

Country Garden Services to sell stake in Zhuhai Wanda for $446 mln

Country Garden Services , the property services arm of Chinese property developer Country Garden , said on Wednesday it agreed to sell its 1.49% stake in Zhuhai Wanda Commercial Management for 3.14 bi...

7 months ago - Reuters

Country Garden Avoids Further Default With Payments on Onshore Bonds

Chinese property developer Country Garden made payments on two onshore bonds within a grace period, avoiding default days after the company had said it might turn to a state guarantor for help.

1 year ago - WSJ

Country Garden says it aims to pay onshore coupons due Thursday by May 13

Embattled Chinese developer Country Garden said it is unable to pay onshore coupons due on Thursday but it aims to make the payment and additional interest incurred by May 13, within the grace period.

1 year ago - Reuters

Exclusive: Country Garden plans to present debt revamp plan in second half, sources say

Country Garden has told some of its offshore creditors it plans to present a debt restructuring proposal in the second half of this year, two sources said, as the embattled developer scrambles to stav...

1 year ago - Reuters

Country Garden shares suspended from Hong Kong stock exchange

China's largest property developer, Country Garden, on Monday said it had opted to suspend trading of its shares on the Hong Kong stock exchange after delaying publication of its 2023 results as it co...

1 year ago - Market Watch

Country Garden Delays Annual Results, Expects Trading Suspension

Country Garden Holdings has delayed the publication of financial results for 2023 and expects its stock to be put on a trading halt, adding more uncertainty to the outlook for China's real-estate sect...

1 year ago - WSJ

China's Country Garden hires Kroll to carry out liquidation analysis, sources say

Country Garden has hired Kroll to carry out a liquidation analysis ahead of a court hearing in mid-May, according to three sources, as the embattled Chinese developer pushes ahead with its offshore de...

1 year ago - Reuters

Chinese Developers Country Garden, Vanke to See Losses

Earnings from Country Garden Holdings Co. and China Vanke Co. this week should indicate the extent to which China's property woes are hurting the world's second-largest economy. Rachel Yeo has more on...

1 year ago - Bloomberg Markets and Finance

China's Country Garden gets liquidation petition from creditor

Country Garden said it will oppose the petition "vigorously" and seek legal measures to do so. A court hearing will be held May 17.

1 year ago - CNBC

Explainer: Country Garden: How bad are its debt problems?

Chinese developer Country Garden said on Wednesday a liquidation petition has been filed against it for non-payment of a $205 million loan, clouding its debt revamp prospects and undermining Beijing's...

1 year ago - Reuters