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Gemdale Properties & Investment Corp (HK:0535)
:0535
Hong Kong Market
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Gemdale Properties & Investment (0535) AI Stock Analysis

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HK:0535

Gemdale Properties & Investment

(0535)

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Underperform 40 (OpenAI - 4o)
Rating:40Underperform
Price Target:
HK$0.00
▼(-100.00% Downside)
The overall stock score of 40 reflects significant financial challenges, including deteriorating revenue and profit margins, increased leverage, and lack of cash flow generation. Technical indicators are bearish, with the stock trading below key moving averages and showing oversold conditions. Despite a high dividend yield, the negative P/E ratio highlights profitability concerns.

Gemdale Properties & Investment (0535) vs. iShares MSCI Hong Kong ETF (EWH)

Gemdale Properties & Investment Business Overview & Revenue Model

Company DescriptionGemdale Properties & Investment Corporation Limited (0535) is a prominent real estate company primarily engaged in property development, investment, and management across various regions. The company focuses on residential, commercial, and industrial property projects, offering a wide array of real estate solutions. With a strong emphasis on quality and innovation, Gemdale has established a significant presence in the real estate sector, catering to diverse market needs.
How the Company Makes MoneyGemdale Properties & Investment generates revenue through several key streams. The primary source of income is the sale of residential and commercial properties developed by the company. In addition to sales, Gemdale earns income from property leasing, providing stable rental revenues from its portfolio of commercial and industrial properties. The company also engages in property management services, offering maintenance and operational support that contributes to its revenue. Strategic partnerships and joint ventures enhance Gemdale's project development capabilities, expanding its market reach and financial outcomes. Furthermore, Gemdale invests in real estate-related financial products, providing an additional revenue stream through capital gains and interest income.

Gemdale Properties & Investment Financial Statement Overview

Summary
Gemdale Properties & Investment is facing significant financial difficulties. Revenue and profit margins have deteriorated sharply, leverage has increased, and cash flow generation is non-existent in the latest period. These factors suggest a challenging financial outlook, requiring strategic adjustments to improve profitability and liquidity.
Income Statement
35
Negative
The income statement shows a concerning decline. Revenue decreased by 24.38% from 2023 to 2024, while net income turned negative, indicating a significant deterioration in profitability. Gross profit margin dropped to 3.83% in 2024, down from 20.71% in 2023, highlighting decreased efficiency in managing costs. EBIT and EBITDA margins also turned negative, indicating operational challenges.
Balance Sheet
45
Neutral
The balance sheet presents a mixed picture. The debt-to-equity ratio increased to 1.26 in 2024 from 0.55 in 2023, suggesting higher leverage and financial risk. However, the equity ratio is at 23.30%, indicating a moderate level of equity financing. Return on equity turned negative, reflecting the loss in net income and raising concerns about the company's ability to generate returns for shareholders.
Cash Flow
30
Negative
The cash flow statement highlights significant issues, with operating and free cash flows both at zero for 2024, indicating no cash generation from operations. The lack of free cash flow growth poses a challenge for funding operations and investments, and suggests liquidity concerns.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue16.38B13.20B17.45B10.30B14.18B16.88B
Gross Profit1.18B2.43B3.61B209.48M930.09M5.54B
EBITDA228.83M49.80M3.19B40.89M792.80M5.38B
Net Income-3.40B-4.57B342.72M2.32B4.01B4.35B
Balance Sheet
Total Assets67.61B75.99B91.10B85.99B77.08B64.41B
Cash, Cash Equivalents and Short-Term Investments1.25B1.82B2.45B6.05B8.77B7.15B
Total Debt21.97B12.13B12.39B7.03B6.19B19.79B
Total Liabilities47.32B54.93B64.75B59.01B52.49B43.31B
Stockholders Equity16.82B17.70B22.48B22.39B21.74B18.89B
Cash Flow
Free Cash Flow-453.66M-189.45M1.67B2.09B71.07M-4.04B
Operating Cash Flow-416.67M-153.51M1.77B2.14B128.59M-4.02B
Investing Cash Flow3.55B3.90B1.15B-5.63B1.41B-2.28B
Financing Cash Flow-3.64B-4.38B-6.55B762.08M82.30M8.37B

Gemdale Properties & Investment Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.18
Price Trends
50DMA
0.22
Negative
100DMA
0.26
Negative
200DMA
0.26
Negative
Market Momentum
MACD
-0.01
Negative
RSI
30.88
Neutral
STOCH
28.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0535, the sentiment is Negative. The current price of 0.18 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.22, and below the 200-day MA of 0.26, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 30.88 is Neutral, neither overbought nor oversold. The STOCH value of 28.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0535.

Gemdale Properties & Investment Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
52
Neutral
$8.02B-32.71%-72.07%23.46%
52
Neutral
HK$5.77B33.180.42%13.24%41.24%-39.89%
49
Neutral
$6.97B23.500.73%3.17%66.68%-38.14%
49
Neutral
$6.88B400.000.04%1.13%22.28%-98.68%
46
Neutral
$6.07B-37.02%2.39%-44.25%-406.20%
40
Underperform
HK$3.02B-18.32%0.62%-10.67%-41.50%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0535
Gemdale Properties & Investment
0.18
-0.12
-40.00%
HK:0588
Beijing North Star Company
0.88
0.07
8.64%
HK:0173
K Wah International Holdings
2.23
0.48
27.07%
HK:3380
Logan Property Holdings Co
1.53
0.47
44.34%
HK:0119
Poly Property Group Co
1.87
0.17
9.68%
HK:0272
Shui On Land
0.71
0.03
4.26%

Gemdale Properties & Investment Corporate Events

Gemdale Properties Reports Strong September Sales
Oct 9, 2025

Gemdale Properties & Investment Corporation Limited reported unaudited operating statistics for September 2025, revealing contracted sales of approximately RMB 945 million and a sales area of 85,800 square meters, with an average selling price of RMB 11,000 per square meter. From January to September 2025, the company achieved total contracted sales of RMB 8,533 million. These figures are preliminary and may differ from future audited reports, prompting the company to advise caution for investors when interpreting this data.

The most recent analyst rating on (HK:0535) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Gemdale Properties & Investment stock, see the HK:0535 Stock Forecast page.

Gemdale Properties Reports August 2025 Sales Performance
Sep 4, 2025

Gemdale Properties & Investment has reported unaudited operating statistics for August 2025, showing contracted sales of approximately RMB 608 million and a sales area of 48,100 square meters, with an average selling price of RMB 12,600 per square meter. From January to August 2025, the company achieved total contracted sales of RMB 7,588 million over 590,800 square meters. This data, based on preliminary internal information, is intended for investor reference and may differ from future audited reports, highlighting the need for cautious interpretation by shareholders and potential investors.

The most recent analyst rating on (HK:0535) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Gemdale Properties & Investment stock, see the HK:0535 Stock Forecast page.

Gemdale Properties Establishes Nomination Committee Guidelines
Sep 3, 2025

Gemdale Properties & Investment Corporation Limited has outlined the terms of reference for its Nomination Committee, which consists of at least three members, primarily independent non-executive directors. The committee is tasked with reviewing the board’s composition, ensuring diversity, assessing the independence of directors, and making recommendations for board appointments and succession planning, thereby supporting the company’s corporate governance and strategic objectives.

The most recent analyst rating on (HK:0535) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Gemdale Properties & Investment stock, see the HK:0535 Stock Forecast page.

Gemdale Properties Updates 2024 Annual Report with New Leasing Agreement
Aug 22, 2025

Gemdale Properties and Investment Corporation Limited has announced a supplemental update to its 2024 Annual Report regarding a continuing connected transaction. The company entered into the SXH Tenancy Framework Agreement with Shanghai Jincheng, a subsidiary of its controlling shareholder, to lease premises in Shanghai for three years starting January 2024. This agreement is classified as a continuing connected transaction under the Listing Rules.

The most recent analyst rating on (HK:0535) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Gemdale Properties & Investment stock, see the HK:0535 Stock Forecast page.

Gemdale Properties Reports Revenue Surge Amidst Reduced Losses
Aug 22, 2025

Gemdale Properties & Investment Corporation Limited reported a significant increase in revenue by 97% to RMB 6,467,765,000 for the first half of 2025 compared to the same period in 2024. Despite the revenue growth, the company faced a loss after tax of RMB 867,090,000, although this was a 60% improvement from the previous year’s loss, indicating potential recovery and resilience in a challenging market environment.

The most recent analyst rating on (HK:0535) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Gemdale Properties & Investment stock, see the HK:0535 Stock Forecast page.

Gemdale Properties Updates on Director’s Involvement with CSC
Aug 13, 2025

Gemdale Properties and Investment Corporation Limited announced an update regarding Mr. Hui Chiu Chung, an independent non-executive director, who was previously involved with China South City Holdings Limited (CSC). CSC has been ordered to wind up by the High Court of Hong Kong, but this event does not impact Gemdale’s operations or Mr. Hui’s role within the company.

Gemdale Properties to Review Interim Financials in Upcoming Board Meeting
Aug 12, 2025

Gemdale Properties and Investment Corporation Limited has announced a board meeting scheduled for August 22, 2025, to consider and approve the unaudited interim results for the first half of the year. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market position and stakeholder interests.

Gemdale Properties Reports Strong July 2025 Sales Performance
Aug 6, 2025

Gemdale Properties & Investment Corporation Limited reported unaudited operating statistics for July 2025, with contracted sales reaching approximately RMB 1,280 million and a contracted sales area of about 90,400 square meters. The average selling price was RMB 14,200 per square meter. From January to July 2025, the company’s aggregate contracted sales totaled approximately RMB 6,980 million, covering an area of 542,700 square meters. This data is preliminary and may differ from future audited reports, and investors are advised to exercise caution.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 23, 2025