600708 Bright Real Estate Group
- 2.11
- -0.05-2.31%
Bright Real Estate Group News
There's No Escaping Bright Real Estate Group Co.,Limited's (SHSE:600708) Muted Revenues
Bright Real Estate Group Co.,Limited's (SHSE:600708) price-to-sales (or "P/S") ratio of 0.5x might make it look like a buy right now compared to the Real Estate industry in China, where around half of
Guangming Real Estate (600708.SH) announced its 2023 annual results, with net profit of 33.84 million yuan, a year-on-year decrease of 33.92%
According to Zhitong Finance App News, Guangming Real Estate (600708.SH) disclosed its 2023 annual report. The company achieved revenue of 8.605 billion yuan in 2023, a year-on-year decrease of 47.98%; net profit to mother was 33.84 million yuan, a year-on-year decrease of 33.92%; after deducting non-net profit losses of 428 million yuan, which changed from profit to loss over the previous year; basic earnings per share were 0.0152 yuan. The company plans to distribute a cash dividend of 0.05 yuan (tax included) for every 10 shares.
Is Bright Real Estate GroupLimited (SHSE:600708) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Guangming Real Estate (600708.SH): In recent years, it has successively participated in urban village renovation projects in Shanghai's Fengxian and Jinshan regions, and guaranteed housing construction and development projects in Shanghai
Gelonghui, Feb. 5 | Guangming Real Estate (600708.SH) said on the interactive platform that the company insists on focusing on urban construction needs and opportunities and strengthening cooperation and collaboration with the government. In recent years, it has successively participated in urban village renovation projects in Shanghai's Fengxian and Jinshan regions, as well as guaranteed housing construction and development projects in Shanghai, and related businesses are progressing normally and actively.
Bright Real Estate Group Co.,Limited (SHSE:600708) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
The Bright Real Estate Group Co.,Limited (SHSE:600708) share price has done very well over the last month, posting an excellent gain of 31%. Looking further back, the 18% rise over the last twelve
Bright Real Estate Group Co.,Limited's (SHSE:600708) Biggest Owners Are Private Companies Who Got Richer After Stock Soared 12% Last Week
Key Insights The considerable ownership by private companies in Bright Real Estate GroupLimited indicates that they collectively have a greater say in management and business strategy 51% of the bus
Bright Real Estate Sells Land for 504.3 Million Yuan
Bright Real Estate Group (SHA:600708) received 504.3 million yuan in compensation after transferring land owned by subsidiary Shanghai Shenhong Refrigerated Storage and Transportation to local authori
State-owned land use rights acquisition reserves belonging to Guangming Real Estate (600708.SH) are expected to increase pre-tax profit by about 84 million yuan in 2024
Guangming Real Estate (600708.SH) issued an announcement. Recently, Shanghai Shenhong Refrigeration Storage & Transportation Co., Ltd., a wholly-owned subsidiary of the company...
Bright Real Estate GroupLimited (SHSE:600708 Investor Five-year Losses Grow to 32% as the Stock Sheds CN¥379m This Past Week
For many, the main point of investing is to generate higher returns than the overall market. But even the best stock picker will only win with some selections. At this point some shareholders may be
[BT Financial Report Instantaneous Analysis] Guangming Real Estate's 2023 Quarterly Report: Steady and Progressive Performance and Future Prospects
Guangming Real Estate Group Co., Ltd. (stock code: 600708), “Guangming Real Estate” for short, is a listed housing enterprise with a state-owned background in Shanghai. Its business covers many provinces and cities, and has developed real estate and commercial office space exceeding 60 million square meters. The company's business is not limited to real estate development, but also involves fields such as cold chain logistics, forming a diversified business structure. Adhering to the strategy of high-quality development, Guangming Real Estate is deeply involved in Shanghai, the Yangtze River Delta, and actively participates in urban renewal and construction. The company focuses on improving the governance structure and standardized operation, and is committed to safeguarding shareholders' interests. In terms of assets and liabilities, Guangming Real Estate 2
Bright Real Estate Acquires New Residential Project, Land Parcels in Shanghai; Shares Up 4%
Bright Real Estate (SHA:600708) disclosed acquisitions in Shanghai including a 525.1 million yuan real estate project and two land parcels worth 504.3 million yuan. The Chinese property developer boug
Guangming Real Estate (600708.SH): State-owned land use rights owned by the company were acquired and reserves
On December 14, Guangming Real Estate (600708.SH) announced that the wholly owned subsidiary Shanghai Shenhong Refrigeration Storage and Transportation Co., Ltd. located at 461 Jungong Road, Yangpu District, Shanghai, has state-owned land use rights for two plots of land: 7/1, 8, and 9, Changbai Street, 226 Neighborhood 6/1 Hill, and Changbai Street 226 Neighborhood 6/1 Hill, will be stored by the Shanghai Yangpu District Land Reserve Center. Shen Hong will sign two separate “Shanghai Yangpu District State-owned Land Recovery Compensation Contracts” with the Yangpu Land Storage Center. The total land area of the two plots is 28856.10 square meters, and the total compensation amount
Guangming Real Estate (600708.SH): 1 new real estate project added in November
On December 14, Guangming Real Estate (600708.SH) announced that one new real estate project was added in November 2023. The situation is as follows: The company responds positively and supports the spirit of recent macroeconomic policies such as the Central Financial Work Conference on the construction of “three major projects” such as affordable housing. Agricultural, Industrial, and Commercial Real Estate (Group) Co., Ltd., a wholly-owned subsidiary of the company, has obtained a large-scale residential community of folk music in Pudong, Shanghai (unit PDS3-0201) L07-02, plot number: 202315574457487816 This item
Guangming Real Estate (600708.SH): The subsidiary signed the “Termination of Cooperation Agreement on the 98-acre Airport New Town Project in Yubei District of Chongqing”
On December 14, Guangming Real Estate (600708.SH) announced that its wholly-owned subsidiary Agricultural Industrial and Commercial Real Estate (Group) Co., Ltd. (“Farmhouse Group”) and Contemporary Energy Saving Real Estate Co., Ltd. (“Contemporary Energy Saving”) signed the “Termination of Cooperation Agreement on the 98-acre Airport New City Project in Yubei District of Chongqing” through friendly negotiations. According to the company's preliminary estimates, the termination of the cooperation is expected to increase the company's profit before tax by about 99 million yuan in 2023. Due to changes in the real estate market and contemporary energy-saving business conditions, after friendly negotiations, Farmhouse Group and Contemporary Energy signed a “Termination of Cooperation Agreement”
Bright Real Estate GroupLimited (SHSE:600708) Seems To Be Using A Lot Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Guangming Real Estate (600708.SH)'s application to publicly issue corporate bonds to professional investors was approved by the China Securities Regulatory Commission
Guangming Real Estate (600708.SH) announced that recently, the company received the China Securities Regulatory Commission (hereinafter referred to as “China...
Guangming Real Estate (600708.SH) released semi-annual results, net profit of 8.69 million yuan, up 1.14% year on year
Guangming Real Estate (600708.SH) disclosed the 2023 semi-annual report. The company achieved revenue of 44.8 during the reporting period...
He Weiqun, Vice President of Guangming Real Estate (600708.SH), resigns
Guangming Real Estate (600708.SH) issued an announcement. Recently, the company's board of directors received Mr. He Weiqun, the company's vice president...
Bright Real Estate Group Co.,Limited's (SHSE:600708) Last Week's 8.4% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
Key Insights Significant control over Bright Real Estate GroupLimited by private companies implies that the general public has more power to influence management and governance-related decisions A t
Guangming Real Estate (600708.SH): An ultra-short-term financing note of 1.6 billion yuan approved for registration
On July 27丨Guangming Real Estate (600708.SH) announced that the company recently received the “Notice of Acceptance of Registration” (China Municipal Association Note [2023] SCP301) from the Dealers Association and agreed to accept the registration of the company's ultra-short-term financing notes. The relevant matters are announced as follows: 1. The registration amount of the company's ultra-short-term financing notes is 1.6 billion yuan, and the registration amount is valid for 2 years from the date of payment of this notice, and is mainly underwritten by Bank of Beijing Co., Ltd. 2. The Company may issue ultra-short-term financing notes in installments during the registration validity period. After the issuance is completed, they will be disclosed and issued through channels approved by the Association of Dealers
Analysis
Price Target
No Data
