China Fortune Land Development Co., Ltd. (SHA:600340)

China flag China · Delayed Price · Currency is CNY
2.220
-0.020 (-0.89%)
Jul 16, 2025, 3:00 PM CST
113.46%
Market Cap 8.72B
Revenue (ttm) 23.61B
Net Income (ttm) -5.59B
Shares Out 3.89B
EPS (ttm) -1.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 124,285,950
Average Volume 134,005,936
Open 2.220
Previous Close 2.240
Day's Range 2.210 - 2.270
52-Week Range 1.010 - 4.150
Beta 0.84
RSI 45.76
Earnings Date Aug 30, 2025

About SHA:600340

China Fortune Land Development Co., Ltd. engages in the investment, development, construction, and operation of new industrial cities and commercial real estate in China, Indonesia, and internationally. The company was formerly known as China Fortune Real Estate Development Co., Ltd. and changed its name to China Fortune Land Development Co., Ltd. in December 2007. The company was founded in 1993 and is headquartered in Beijing, China. [Read more]

Sector Real Estate
Founded 1993
Employees 10,191
Stock Exchange Shanghai Stock Exchange
Ticker Symbol 600340
Full Company Profile

Financial Performance

In 2024, SHA:600340's revenue was 23.77 billion, a decrease of -33.81% compared to the previous year's 35.91 billion. Losses were -4.82 billion, -20.08% less than in 2023.

Financial Statements

News

China Fortune Offers Unorthodox Plan to Cut $2.8 Billion Debt

China Fortune Land Development Co. is again pitching an unorthodox debt-reduction plan, after achieving success earlier this year in clearing up some 10 billion yuan ($1.4 billion) of borrowings at a ...

9 months ago - BNN Bloomberg