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Longfor Group Holdings
(OTC:0960)
Longfor Group Holdings (0960) vs. iShares MSCI Hong Kong ETF (EWH)
Longfor Group Holdings Business Overview & Revenue Model
Longfor Group Holdings Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 127.47B | 180.74B | 250.57B | 223.38B | 184.55B | Gross Profit |
| 20.41B | 30.58B | 53.04B | 56.54B | 54.03B | EBIT |
| 11.86B | 19.82B | 40.91B | 40.26B | 41.70B | EBITDA |
| 12.14B | 20.24B | 41.42B | 40.65B | 41.88B | Net Income Common Stockholders |
| 10.40B | 12.85B | 24.36B | 23.85B | 20.00B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 38.40B | 59.23B | 72.13B | 88.19B | 77.45B | Total Assets |
| 665.64B | 700.41B | 786.77B | 875.65B | 765.16B | Total Debt |
| 206.69B | 207.48B | 223.31B | 227.10B | 195.38B | Net Debt |
| 158.74B | 156.21B | 151.22B | 138.99B | 118.37B | Total Liabilities |
| 420.16B | 463.95B | 553.60B | 653.77B | 572.43B | Stockholders Equity |
| 161.43B | 151.97B | 142.10B | 124.95B | 108.34B |
| Cash Flow | Free Cash Flow | |||
| 0.00 | 32.16B | 9.66B | 28.00B | 35.86B | Operating Cash Flow |
| 0.00 | 33.01B | 9.96B | 28.53B | 36.73B | Investing Cash Flow |
| 0.00 | -11.61B | -12.41B | -48.73B | -41.40B | Financing Cash Flow |
| 0.00 | -34.27B | -13.56B | 31.30B | 20.90B |
Longfor Group Holdings Technical Analysis
Longfor Group Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $66.82B | 5.74 | 6.64% | 0.67% | -30.30% | -25.60% | |
61 Neutral | $2.86B | 10.96 | 0.41% | 6.08% | 5.73% | -21.25% | |
| $10.35B | 5.74 | 13.28% | ― | ― | |||
| $14.74B | 7.83 | 3.52% | 5.13% | ― | ― | ||
| $9.51B | 19.36 | 2.17% | 0.24% | ― | ― | ||
| $8.88B | ― | -2.30% | 1.86% | ― | ― | ||
67 Neutral | HK$41.66B | 19.59 | 2.19% | 0.78% | -30.23% | -40.59% |
Longfor Group Holdings Corporate Events
Longfor Group Holdings Limited has announced its upcoming annual general meeting scheduled for June 18, 2025, where shareholders will consider resolutions including the approval of audited financial statements, a final dividend, and the re-election of several directors. Additionally, the company seeks authorization for the board to issue new shares and manage treasury shares, which could impact its market operations and shareholder value.
Longfor Group Holdings Limited announced its unaudited operating statistics for March 2025, reporting aggregated contracted sales of RMB16.95 billion and a total contracted sales area of 1,188,000 sqm. In March alone, the company achieved RMB7.01 billion in contracted sales, with significant contributions from regions such as the Yangtze River Delta and Western China. The company’s recurring income as of March 2025 was approximately RMB6.55 billion. These figures highlight Longfor Group’s strong market presence and operational performance, although investors are advised to interpret the data cautiously due to its unaudited nature.
Longfor Group Holdings Limited, a company incorporated in the Cayman Islands, has announced changes in its board of directors. Mr. Xia Yunpeng has resigned as a non-executive director and from various board committees, while Ms. Sun Jiahui has been appointed to these roles. Ms. Sun brings over a decade of legal experience and holds degrees from Tsinghua University and Georgetown University. Her appointment is effective from March 28, 2025, and she will receive an annual director’s fee of HK$400,000. The Board has expressed gratitude to Mr. Xia for his contributions and welcomed Ms. Sun to her new role.
Longfor Group Holdings Limited has announced the composition of its board of directors and the membership of its five board committees, effective from March 28, 2025. The announcement outlines the roles and responsibilities of the executive, non-executive, and independent non-executive directors, highlighting the leadership structure that will guide the company’s strategic direction and governance.
Longfor Group Holdings Limited has established a Nomination Committee to identify and recommend suitable candidates for its Board of Directors. This move is aimed at enhancing the governance structure by ensuring the Board is composed of qualified individuals, including a majority of independent non-executive directors. The Committee will meet at least once annually and is responsible for developing nomination guidelines consistent with applicable laws and regulations. This initiative is expected to strengthen the company’s leadership and align its operations with industry standards, potentially impacting its market positioning positively.
Longfor Group Holdings Limited announced its annual results for the year ending December 31, 2024, declaring a final ordinary cash dividend of RMB 0.1 per share. Shareholders have the option to receive dividends in cash or opt for scrip shares, with the relevant details to be announced. This decision reflects the company’s commitment to providing shareholder value and may impact its financial strategies and investor relations.
Longfor Group Holdings Limited announced its annual results for the year ended December 31, 2024, reporting contracted sales of RMB101.12 billion and a revenue of RMB127.47 billion. The company’s investment property operation and property service segments saw a 7.4% increase in revenue, contributing significantly to the company’s profits. Despite a decrease in consolidated total borrowing by 8.5% and maintaining a net debt to equity ratio of 51.7%, the company faced a decline in profit attributable to owners, which stood at RMB10.40 billion. The board recommended a total dividend of RMB0.32 per share, reflecting a cautious yet stable financial strategy amidst a challenging market environment.
Longfor Group Holdings Limited has announced the adoption of a Restricted Share Award Scheme designed to incentivize and retain key employees by granting them shares in the company. This initiative aims to motivate employees, align their interests with the company’s long-term objectives, and enhance operational stability by involving them in the company’s growth. The scheme allows for the purchase of up to 5% of the company’s total issued share capital, with shares held in trust until they vest with selected participants, thereby potentially strengthening the company’s market position and stakeholder relations.
Longfor Group Holdings Limited has announced a scrip dividend scheme for its 2024 interim dividend, allowing shareholders to receive dividends in the form of new shares instead of cash. The market value of the new shares has been set at HK$10.8360, and shareholders have the option to elect for new shares or cash by submitting an election form by March 26, 2025. This initiative is expected to provide flexibility to shareholders and potentially enhance the company’s equity base.
Longfor Group Holdings Limited announced an interim dividend of RMB 0.22 per share for the six months ending June 30, 2024. Shareholders have the option to receive the dividend in cash or convert it into scrip shares at a rate of HKD 10.836 per share. The dividend will be paid in Hong Kong dollars, with a conversion rate of RMB 1 to HKD 1.08448. This announcement reflects Longfor’s financial strategy to provide returns to its shareholders while maintaining flexibility in capital management.
Longfor Group Holdings Limited has announced a board meeting scheduled for March 28, 2025, to approve the company’s final results for the year ended December 31, 2024, and to consider the payment of a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.
Longfor Group Holdings Limited has issued a profit warning, indicating a significant decrease in its financial performance for the year ended December 31, 2024. The company expects a 35% to 40% drop in core net profit attributable to shareholders compared to the previous year, primarily due to a decline in revenue and gross profit margin in its property development segment. This announcement suggests potential challenges for the company’s operations and could impact investor confidence.
Longfor Group Holdings Limited announced its unaudited interim results for the six months ending June 30, 2024, declaring an interim dividend of RMB 0.22 per share. Shareholders have the option to receive their dividends in cash or convert them into scrip shares, with the conversion price to be announced. This announcement reflects the company’s ongoing commitment to providing shareholder value and may influence investor decisions regarding dividend preferences.
Longfor Group Holdings Limited has announced its unaudited interim results for the six months ending June 30, 2024, declaring an interim cash dividend of RMB 0.22 per share, with a scrip option available. This financial update reflects the company’s ongoing commitment to providing shareholder value through dividends, with the exchange rate set at RMB 1 to HKD 1.08448. The payment will be made on April 8, 2025, with the option for partial election of scrip shares, indicating a strategic approach to maintaining financial flexibility and investor satisfaction.
Longfor Group Holdings reported unaudited operating statistics for January 2025, revealing total contracted sales of RMB4.46 billion with a GFA of 338,000 sqm. Sales attributable to shareholders were RMB3.01 billion with a GFA of 215,000 sqm. The regional sales distribution highlighted Western China as the leading area. The Group’s aggregated recurring income was RMB2.16 billion, with service and operating income contributing significantly. These figures are preliminary and may vary upon final auditing, advising investors to be cautious.