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Guangzhou R&F Properties Co
(OTC:2777)
Guangzhou R&F Properties Co (2777) vs. iShares MSCI Hong Kong ETF (EWH)
Guangzhou R&F Properties Co Business Overview & Revenue Model
Guangzhou R&F Properties Co Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 17.70B | 36.24B | 35.19B | 76.23B | 85.89B |
| Gross Profit | -580.90M | 1.92B | 4.04B | -1.42B | 22.98B |
| EBITDA | -4.54B | -6.40B | 246.27M | -9.15B | 14.61B |
| Net Income | -17.71B | -20.16B | -15.74B | -16.47B | 9.00B |
Balance Sheet | |||||
| Total Assets | 290.59B | 334.87B | 368.92B | 398.54B | 442.19B |
| Cash, Cash Equivalents and Short-Term Investments | 787.38M | 1.73B | 2.18B | 6.26B | 25.67B |
| Total Debt | 110.04B | 127.68B | 127.12B | 129.31B | 160.28B |
| Total Liabilities | 262.14B | 288.48B | 301.98B | 315.68B | 350.18B |
| Stockholders Equity | 15.92B | 33.70B | 54.43B | 70.19B | 89.50B |
Cash Flow | |||||
| Free Cash Flow | -1.61B | -2.10B | -2.16B | 11.43B | 17.77B |
| Operating Cash Flow | -1.53B | -1.56B | -1.26B | 13.24B | 19.32B |
| Investing Cash Flow | 885.38M | 774.83M | 629.26M | -3.45B | 2.89B |
| Financing Cash Flow | -320.33M | 330.52M | -3.51B | -29.14B | -19.42B |
Guangzhou R&F Properties Co Technical Analysis
Guangzhou R&F Properties Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $6.01B | 30.74 | 0.47% | 4.80% | -18.65% | -78.51% | |
58 Neutral | $2.57B | ― | -11.87% | 4.94% | -7.62% | -328.97% | |
53 Neutral | $1.21B | 3.28 | -0.13% | 7.06% | -1.64% | -127.47% | |
49 Neutral | HK$5.94B | ― | -26.83% | 2.34% | ― | ― | |
49 Neutral | $5.92B | 29.87 | 0.53% | 1.35% | -3.13% | -87.57% | |
44 Neutral | $6.40B | 19.10 | 0.81% | 4.93% | 17.77% | -58.36% | |
40 Underperform | HK$3.71B | ― | -71.13% | ― | -50.18% | 12.86% |
Guangzhou R&F Properties Co Corporate Events
Guangzhou R&F Properties Co., Ltd. has issued an update regarding significant developments related to its corporate bonds. The announcement primarily focuses on the progress of litigation and arbitration cases involving the company and its subsidiaries, highlighting a loan contract dispute with several entities. This update is part of the company’s compliance with regulatory requirements and aims to keep stakeholders informed about ongoing legal matters that could impact the company’s financial standing and operations.
Guangzhou R&F Properties Co. has provided a quarterly update on its action plan to address the auditor’s disclaimer of opinion on its FY2024 financial statements. The company is actively working on restructuring its offshore debt to improve financial stability and has extended the deadline for creditors to consider the restructuring proposal. Additionally, the company is making progress in settling outstanding litigations and has seen an improvement in contracted sales in April and May 2025 compared to the previous year, indicating positive momentum in its operational performance.
Guangzhou R&F Properties Co., Ltd. has announced the composition of its board of directors and the roles within its board committees. The board includes a mix of executive, non-executive, and independent non-executive directors, with specific members assigned to the Nomination, Audit, and Remuneration Committees. This announcement provides clarity on the governance structure of the company, which is crucial for stakeholders to understand the leadership dynamics and decision-making processes.
Guangzhou R&F Properties Co., Ltd. has established an Audit Committee to enhance its corporate governance structure. The committee, composed of non-executive and independent directors, is tasked with overseeing the company’s financial reporting and auditing processes. This move is expected to strengthen the company’s transparency and accountability, potentially improving investor confidence and aligning with regulatory requirements.
Guangzhou R&F Properties Co., Ltd. has established a Remuneration Committee to oversee the remuneration policies for its directors. The committee, formed in compliance with the Listing Rules of the Hong Kong Stock Exchange, consists of three members, primarily independent non-executive directors, and is tasked with ensuring that remuneration levels are sufficient to attract and retain directors without being excessive. This move is expected to enhance governance and align executive compensation with the company’s strategic goals, potentially impacting stakeholder confidence positively.
Guangzhou R&F Properties Co., Ltd. has established a Nomination Committee to oversee the appointment, reappointment, and removal of directors. The committee, which must include a majority of independent non-executive directors and at least one member of a different gender, is tasked with reviewing and recommending candidates for the board, thereby enhancing governance and diversity within the company.
Guangzhou R&F Properties Co., Ltd. announced changes in its Nomination Committee, appointing Ms. Li Helen and Mr. Ng Yau Wah, Daniel as new members. These changes align with upcoming amendments to the Hong Kong Stock Exchange’s Listing Rules and Corporate Governance Code, aiming to enhance the Board’s effectiveness and diversity, thereby strengthening corporate governance practices.
Guangzhou R&F Properties Co., Ltd. announced its unaudited operating statistics for May 2025, reporting total contracted sales of approximately RMB1.37 billion with 129,600 square meters of gross floor area. By the end of May 2025, the company’s cumulative total contracted sales reached approximately RMB5.5 billion with 513,300 square meters sold. The data provided is preliminary and subject to change, and investors are advised to exercise caution when relying on this information.
Guangzhou R&F Properties Co., Ltd. has announced progress on material matters related to bond credit enhancement measures. The company disclosed updates regarding the execution of the Holiday Inn Guangzhou Airport Zone, which serves as collateral for several of its bonds. This announcement indicates ongoing efforts to manage and enhance the credit standing of its corporate bonds, reflecting the company’s commitment to transparency and regulatory compliance.
Guangzhou R&F Properties Co., Ltd. announced the successful results of its 2024 Annual General Meeting held on May 30, 2025, where all proposed resolutions were passed. These resolutions included the approval of the board’s report, supervisory committee’s report, audited financial statements, reappointment of the auditor, and authorization for interim dividend payments, reflecting strong shareholder support and confidence in the company’s governance and strategic direction.
Guangzhou R&F Properties Co., Ltd. has issued an overseas regulatory announcement regarding the extension of the Accession Deadline related to the Easy Tactic Notes and proposed restructuring of the In-Scope Debt. This move is part of the company’s ongoing efforts to manage its financial obligations and ensure compliance with Hong Kong Stock Exchange regulations, potentially impacting its financial stability and investor relations.
Guangzhou R&F Properties Co., Ltd. reported unaudited operating statistics for April 2025, with total contracted sales reaching approximately RMB1.36 billion and a gross floor area of 128,900 square meters. By the end of April 2025, the cumulative total contracted sales amounted to approximately RMB4.13 billion with 383,700 square meters sold. The data is preliminary and subject to change, advising investors to exercise caution and seek professional advice.
Guangzhou R&F Properties Co., Ltd. announced the progress of a material matter concerning bond credit enhancement measures. The Guangzhou Intermediate People’s Court conducted a second auction for the Holiday Inn Guangzhou Airport Zone, which was used as collateral for certain bonds. The auction, held on the Taobao judicial auction platform, failed to secure a buyer, impacting the company’s financial strategy regarding these bonds.
Guangzhou R&F Properties Co., Ltd. has issued an overseas regulatory announcement regarding major litigation and arbitration cases related to its corporate bonds. The announcement includes updates on a construction contract dispute involving Shanghai Qifu Properties Development Co., Ltd. and Guangzhou R&F Properties Co., Ltd., with progress details available on the Shanghai Stock Exchange website.
Guangzhou R&F Properties Co., Ltd. has announced its 2024 Annual General Meeting, scheduled for May 30, 2025, where key resolutions will be considered. These include approving financial reports, reappointing auditors, authorizing interim dividend payments, and re-electing a non-executive director. Additionally, the company plans to extend significant guarantees for its subsidiaries and associates, and seeks a mandate to issue additional shares, reflecting strategic financial maneuvers to enhance its operational capabilities and market positioning.
Guangzhou R&F Properties Co., Ltd. announced the progress of a material matter concerning bond credit enhancement measures. The company disclosed that the first auction of the Holiday Inn Guangzhou Airport Zone, used as collateral for certain bonds, has failed. In response, the company is actively communicating with the bank involved to protect bondholders’ rights and aims to reach a suitable resolution.
Guangzhou R&F Properties Co., Ltd. reported unaudited total contracted sales of approximately RMB1.19 billion for March 2025, with a gross floor area of 118,400 square meters. The cumulative total contracted sales by the end of March 2025 reached approximately RMB2.77 billion, covering 254,800 square meters. These figures are based on preliminary internal data and may differ from future audited financial statements, highlighting the need for cautious interpretation by investors.