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China Resources Land
(OTC:1109)
China Resources Land (1109) vs. iShares MSCI Hong Kong ETF (EWH)
China Resources Land Business Overview & Revenue Model
China Resources Land Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 278.80B | 251.14B | 212.44B | 173.08B | 170.60B |
| Gross Profit | 60.33B | 63.16B | 56.44B | 20.74B | 53.20B |
| EBITDA | 62.71B | 69.33B | 46.28B | 46.48B | 52.54B |
| Net Income | 25.58B | 31.37B | 28.09B | 32.40B | 30.03B |
Balance Sheet | |||||
| Total Assets | 1.13T | 1.19T | 1.08T | 949.80B | 869.04B |
| Cash, Cash Equivalents and Short-Term Investments | 137.03B | 119.73B | 96.61B | 108.01B | 92.32B |
| Total Debt | 266.29B | 239.33B | 224.22B | 185.78B | 170.43B |
| Total Liabilities | 731.65B | 807.03B | 739.62B | 657.73B | 612.80B |
| Stockholders Equity | 272.51B | 264.87B | 244.05B | 226.53B | 203.46B |
Cash Flow | |||||
| Free Cash Flow | 45.62B | 46.09B | -6.07B | 59.32M | 13.54B |
| Operating Cash Flow | 46.59B | 47.35B | -4.14B | 2.25B | 16.59B |
| Investing Cash Flow | -22.42B | -39.30B | -27.33B | -19.70B | -22.17B |
| Financing Cash Flow | -5.69B | 8.97B | 19.18B | 36.60B | 29.42B |
China Resources Land Technical Analysis
China Resources Land Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $221.77B | 7.55 | 10.17% | 4.72% | 14.94% | -2.55% | |
53 Neutral | $1.21B | 2.63 | -5.63% | 5.88% | -2.36% | -88.31% | |
| ― | $11.09B | 5.74 | 13.28% | ― | ― | ||
| ― | $19.97B | 10.40 | 3.63% | 4.19% | ― | ― | |
| ― | $16.45B | 10.20 | 2.92% | 5.23% | ― | ― | |
| ― | $10.95B | 17.73 | 2.41% | 13.87% | ― | ― | |
| ― | $34.12B | 13.75 | 2.88% | 4.46% | ― | ― |
China Resources Land Corporate Events
China Resources Land Limited has entered into a significant term loan facility agreement with a bank for up to CNY1.8 billion, which is set for a 36-month term starting from the first drawdown. The agreement includes specific performance obligations for China Resources (Holdings) Company Limited (CRH), the controlling shareholder, to maintain a minimum ownership stake, failing which could trigger an event of default, impacting the company’s financial operations and shareholder structure.
China Resources Land Limited has entered into a term loan facility agreement with a bank for up to CNY1.5 billion, with a term of 24 months. The agreement includes specific performance obligations for China Resources (Holdings) Company Limited (CRH), the controlling shareholder, which must maintain a minimum ownership stake and control over board appointments. Any breach of these conditions could lead to an event of default, allowing the lender to demand immediate repayment. This agreement underscores the company’s strategic financial management and highlights the importance of maintaining shareholder structure for operational stability.
China Resources Land Limited has announced a board meeting scheduled for August 26, 2025, to review and approve the interim financial results for the first half of the year ending June 30, 2025. The meeting will also consider the declaration and payment of an interim dividend, which could impact the company’s financial strategy and shareholder returns.
China Resources Land Limited reported a decline in its gross contracted sales and contracted gross floor area for July 2025, with figures dropping by 14.2% and 36.7% year-over-year, respectively. Despite this, the company saw a 7.0% year-over-year increase in recurring revenue for the month, driven by a 12.2% rise in rental income from its investment property business, indicating a strong performance in its rental operations.
China Resources Land, through its wholly-owned subsidiary Shanghai Hongzhe, has formed a consortium with Shanghai Nanfang to acquire the entire equity and debt interests in certain target companies listed on the SUAE Exchange. The acquisition, valued at approximately RMB24,469.99 million, will see Shanghai Hongzhe holding a 90% stake and Shanghai Nanfang holding 10%. This transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange rules, requiring notification and announcement but exempt from shareholder approval.
China Resources Land Limited has entered into a CNY 2 billion term loan facility agreement with a bank, with specific performance obligations tied to its controlling shareholder, China Resources (Holdings) Company Limited (CRH). The agreement stipulates that CRH must maintain its status as the largest shareholder with at least 35% ownership and control over the board appointments, and that the State-owned Assets Supervision and Administration Commission must retain at least 50% ownership of CRH. Failure to meet these conditions could trigger an event of default, making the loan immediately payable, impacting the company’s financial stability and stakeholder interests.
China Resources Land has announced a supplemental update regarding its acquisition of equity interests in a target company. The acquisition, valued at RMB200,791,265.57, was determined through arm’s length negotiation and an asset-based valuation method. This method was chosen due to the target company’s comprehensive financial records and the lack of comparable market data for a market-based approach. The acquisition is expected to strengthen China Resources Land’s asset portfolio and enhance its market positioning.
China Resources Land Limited reported a decline in its gross contracted sales and contracted gross floor area for June 2025, with a year-over-year decrease of 26.7% and 27.1% respectively. However, the company’s recurring revenue remained stable, with rental income from investment properties showing an 8.6% increase year-over-year, indicating resilience in its investment property business despite broader sales challenges.
China Resources Land Limited has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement provides clarity on the leadership structure and committee memberships, which could impact the company’s governance and strategic decision-making processes.
China Resources Land Limited has announced the appointment of Mr. Wang Yuhang as a non-executive director and a member of its sustainability committee, effective June 25, 2025. Mr. Wang brings extensive experience from various roles within China Resources Group and other organizations, which is expected to enhance the company’s sustainability efforts and strategic direction.
China Resources Land Limited has entered into a Facility Agreement for term loan facilities amounting to HKD8.64 billion with various banks and financial institutions. The agreement includes specific performance obligations for CRH, such as maintaining a certain level of ownership and control over the company and its subsidiaries. Failure to meet these obligations could result in an event of default, leading to potential financial repercussions.
China Resources Land Limited has entered into a facility agreement for a CNH 5,850,000,000 term loan with several banks and financial institutions. This agreement includes specific performance obligations for China Resources Holdings to maintain a minimum shareholding percentage and remain the largest shareholder. The agreement outlines potential default events, which could impact the company’s financial commitments and shareholder structure.
China Resources Land Limited reported a decline in gross contracted sales and contracted GFA for May 2025, with figures down 11.4% and 26.6% year-on-year, respectively. However, the company’s recurring revenue and rental income from its investment property business showed growth, with increases of 6.2% and 13.0% year-on-year, respectively, indicating a strong performance in its investment property segment.
China Resources Land Limited announced a final ordinary dividend of RMB 1.119 per share for the financial year ending December 31, 2024, with an option for shareholders to receive the dividend in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0915. This announcement reflects the company’s stable financial performance and commitment to returning value to its shareholders, potentially enhancing its attractiveness to investors and strengthening its market position.
China Resources Land Limited announced the successful passing of all resolutions at its Annual General Meeting held on June 6, 2025. Key resolutions included the approval of financial statements, the declaration of a final dividend, re-election of executive directors, and the reappointment of KPMG as auditors. The meeting’s outcomes reflect strong shareholder support and are likely to reinforce the company’s strategic direction and governance.
China Resources Land has announced the acquisition of 100% equity interests in a target company through its indirect wholly-owned subsidiary. The acquisition, valued at approximately RMB200.79 million, is classified as a connected transaction under Hong Kong’s listing rules. This strategic move enhances the company’s asset base, particularly in land use rights and property assets, potentially strengthening its market position and offering growth opportunities.
China Resources Land Limited has announced the composition of its board of directors, highlighting the roles and functions of each member. This announcement underscores the company’s commitment to strong corporate governance and strategic leadership, potentially impacting its operational efficiency and stakeholder confidence.