Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Landsea Green Properties Co., Ltd. ( (HK:0106) ) just unveiled an announcement.
Landsea Green Management Limited has provided a quarterly update on its action plan to address the auditors’ disclaimer of opinion on its 2024 financial statements, which stemmed from uncertainties over its ability to continue as a going concern. From January to November 2025, the group recorded RMB5.935 billion in cumulative contracted sales including entrusted management projects, while actively adjusting sales and presales strategies to align with market demand and improve cash collection. The company is negotiating payment arrangements with major contractors and suppliers to support presales launches and timely project completion, and continues restructuring talks on US$33.37 million of default senior notes while monitoring other financial borrowings. It is also seeking new development financing, including special loans for guaranteed delivery of buildings in Chongqing Central Park and Hangzhou Lin’an projects, and pursuing asset disposal and equity-sale opportunities in investment properties and related joint ventures, with the Jiefang Tower project generating sufficient proceeds to cover its overdue loans. In parallel, Landsea is accelerating the recovery of management service receivables and tightening administrative costs through its “Elite Workforce” initiative, steps that collectively aim to stabilise liquidity, mitigate default risks and ultimately resolve the going-concern issues flagged by auditors.
The most recent analyst rating on (HK:0106) stock is a Sell with a HK$0.02 price target. To see the full list of analyst forecasts on Landsea Green Properties Co., Ltd. stock, see the HK:0106 Stock Forecast page.
More about Landsea Green Properties Co., Ltd.
Landsea Green Management Limited is a Bermuda-incorporated property developer and manager listed in Hong Kong, focused on residential and mixed-use real estate projects in mainland China. The group engages in property development, presales and investment properties, alongside management services that generate accounts receivable from its projects and joint ventures.
YTD Price Performance: 72.73%
Technical Sentiment Signal: Sell
Current Market Cap: HK$86.6M
See more data about 0106 stock on TipRanks’ Stock Analysis page.