Is Greentown Management Holdings Company Limited's (HKG:9979) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Greentown Management Holdings' (HKG:9979) stock is up by a considerable 32% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the cas
綠城管理控股:2023年度報告
The proxy construction model reshapes the real estate market and interprets the style and advantages of the industry benchmark Greentown Management (9979.HK)
This year, the term “new quality productivity” was included in the “Report on the Work of the Government” for the first time, which not only marks the country's firm commitment to innovation-driven development strategies, but also reflects the urgent need to accelerate the development of new quality productivity. In the real estate sector in particular, Zhang Yadong, vice president of the China Real Estate Association and president of the China Real Estate Construction Association, emphasized at the recent China Real Estate Agency Construction Summit, “The contract construction business model is not only a new model for real estate development, but also a new type of productivity with high technology, high efficiency, and high quality. The rapid development of the contract construction industry in recent years fully confirms the superiority of proxy construction as a new model for development and new quality productivity.” Standing on the investment side
Performance is polarized, is your residential property OK?
High-quality property companies that have returned to the cash cow logic at this stage may be able to regain the favor of fundamental investors through steady management and high dividends; for investors with higher risk appetite, those property companies that continue to make progress in expanding and cultivating value-added businesses with third parties may also have a high value of attention.
Tianfeng Securities: It is expected that the real estate supply side will clear up or basically end in '24, and I am optimistic that supply and demand policies will work in both directions
Demand is unstable, policies continue, and we are optimistic that good production, supply and demand policies will continue to drive the sector market.
[Broker Focus] Guoxin Securities maintains Greentown Management Holdings (09979) “buy” rating target price range of HK$6.6-8.0
Jinwu Financial News | Guoxin Securities released a research report saying that Greentown Management Holdings (09979) is a leader in the contract construction industry and has a remarkable first-mover advantage. After listing in 2020, it became the first proxy construction stock in China. Currently, the company's business market share has reached 20%. The company is mainly engaged in government construction, commercial construction, and capital agency construction. Profits have grown steadily, with a compound growth rate of over 25% over six years. The company maintained a high dividend ratio for three consecutive years and promised that the dividend ratio for the next three years will not be less than 80%. According to the bank, the contract construction industry is in a period of growth. The construction area signed by the industry in 10 years is in line with a growth rate of 23%. Since it is an asset-light circuit, the contract construction industry resists
Greentown Management Holdings (09979) grants 3.5 million bonus shares under the adopted share award scheme
Greentown Management Holdings (09979) issued an announcement. On March 22, 2024, the company's board of directors based on the board's salary...
Greentown Management Holdings Company Limited's (HKG:9979) P/E Is Still On The Mark Following 26% Share Price Bounce
Greentown Management Holdings Company Limited (HKG:9979) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. Not
The logic of buying Greentown Management Holdings (09979): zero cost of holding for 8 years and let profit run
For some time now, I have been highly optimistic about Greentown Management Holdings (09979). Being able to continue to see this construction giant achieve stable returns, which is very rewarding. In terms of performance, in 2023, Greentown Management Holdings's continuous operating revenue reached 3.302 billion yuan, up 24.3% year on year; gross profit reached 1,722 billion yuan, up 24% year on year; comprehensive gross margin for the period reached 52.2%, which is basically the same as 52.3% in the same period last year; and net profit attributable to the company's shareholders reached 974 million yuan, an increase of 30.8% year on year. Net profit is higher than the increase in revenue, which is a special feature of Greentown Management Holdings
[Broker Focus] Western Securities maintains a “buy” rating for Greentown Management Holdings (09979), which indicates that the business reserves are abundant and the growth rate is high
Jinwu Financial News | According to Western Securities Research Report, Greentown Management Holdings (09979)'s revenue and profit continued to increase in 2023. In 2023, the company's continuous operating revenue was 3.302 billion yuan, up 24.3% year on year; gross profit was about 1.72 billion yuan, up 24.0% year on year; comprehensive gross margin for the period was about 52.2%, basically the same as 52.3% in the same period last year; net profit to mother was 970 million yuan, up 30.8% year on year; the company's cash flow from operating activities was 960 million yuan, up 31.8% year on year. The company had no debt and sufficient cash flow. According to the bank, it is expected to return in 2024-2026
Damo: Maintaining Greentown Management Holdings (09979)'s “Overholding” Rating and Raising the Target Price to HK$7.83
The Zhitong Finance App learned that Damo released a research report saying that maintaining Greentown Management Holdings (09979)'s “increase in holdings” rating, the profit forecast for next year will be raised by 2% and 5%, respectively, to reach 1.8 billion yuan in 2026, which means a year-on-year increase of 26%, 23%, and 19%, respectively. The target price was raised from HK$7.74 to HK$7.83. According to the report, the company's profit increased by 31% last year, and the dividend rate reached 103% for the second year in a row. The gross margin was resilient, the beneficiary revenue mix was excellent and the industry-leading fee rate (3.5-3.8%); new orders showed a good momentum, rising 21% year on year to
Changes in Hong Kong stocks | Greentown Management Holdings (09979) rose more than 5% last year's net profit and net profit both increased and maintained full dividends
Greentown Management Holdings (09979) rose more than 5%. As of press release, it was up 5.01% to HK$6.5, with a turnover of HK$17.353 million.
Here's What Analysts Are Forecasting For Greentown Management Holdings Company Limited (HKG:9979) After Its Yearly Results
It's been a pretty great week for Greentown Management Holdings Company Limited (HKG:9979) shareholders, with its shares surging 14% to HK$6.19 in the week since its latest full-year results. Re
Greentown Management (09979) Lin Sanjiu: Being one-size-fits-all quality is always the foundation that Greentown management sticks to
In recent years, the overall scale of innovation in China's contract construction industry has continued to expand.
GREENTOWN MGMT To Go Ex-Dividend On July 2nd, 2024 With 0.44 HKD Dividend Per Share And 0.11 HKD Special Dividend Per Share
March 22nd - $GREENTOWN MGMT(09979.HK)$ is trading ex-dividend on July 2nd, 2024. Shareholders of record on July 3rd, 2024 will receive 0.44 HKD dividend per share and 0.11 HKD special dividend pe
CICC: Maintaining Greentown Management Holdings (09979)'s “outperforming the industry” rating target price of HK$7.4
CICC expects the net profit of Greentown Management Holdings (09979) to be 12.4 billion yuan and 1.54 billion yuan in 2024 and 2025, respectively.
Greentown Management 2023 Net CNY973.61M Vs. Net CNY744.54M >9979.HK
Greentown Management 2023 Net CNY973.61M Vs. Net CNY744.54M >9979.HK
Greentown Management: Higher Contributions From Project-Management Business Supported Results >9979.HK
Greentown Management: Higher Contributions From Project-Management Business Supported Results >9979.HK
[Hong Kong Stock Connect] Greentown Management Holdings (09979)'s net profit increased by 30.77% last year, with a final dividend of 0.4 yuan and a special dividend of 0.1 yuan
Jinwu Financial News | Greentown Management Holdings (09979) announced that for the year ended December 31, 2023, net profit attributable to shareholders was 974 million yuan (RMB, same below), an increase of 30.77% over the previous year, with a basic profit of 0.5 yuan per share. It is proposed to pay a final dividend of $0.4 per share and a special dividend of $0.1 per share. During the period, the Group's revenue was 3.302 billion yuan, an increase of 24.34% over the previous year. During the period, commercial construction revenue was 2,346 billion yuan, an increase of 40.5% over the previous year. The main reason was that in 2023, the Group continued to advance the strategy of deep territorial cultivation, and the scale of Xintuo's commercial construction project business was steady
Greentown Management Holdings (09979) will pay a final dividend of 0.4 yuan per share on July 15
Greentown Management Holdings (09979) announced that the company will distribute until 2023 on July 15, 2024...
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