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

China flag China · Delayed Price · Currency is CNY
1.560
-0.090 (-5.45%)
Jan 30, 2026, 3:00 PM CST
-30.04%
Market Cap6.07B
Revenue (ttm)13.74B -57.1%
Net Income-12.41B
EPS-3.17
Shares Out3.89B
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume192,669,204
Average Volume233,444,219
Open1.650
Previous Close1.650
Day's Range1.550 - 1.650
52-Week Range1.420 - 3.640
Beta0.88
RSI32.68
Earnings DateApr 30, 2026

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. 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]

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 ...

1 year ago - BNN Bloomberg