Ganglong China Property Group Limited (6968) AI Stock Analysis

• Market Cap: HK$115.15M
• Dividend Yield: N/A
• Average Volume (3M): 539.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.38
• Revenue Growth: -70.72%
• EPS Growth: -667.17%
• Country: HK
• Employees: 299
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -0.22
• Shares Outstanding: 1,621,799,000
• 10 Day Avg. Volume: 636,100
• 30 Day Avg. Volume: 539,566
• PEG Ratio: <0.01
• Price to Book (P/B): 0.05
• Price to Sales (P/S): 0.02
• P/FCF Ratio: 0.42
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: HK$0.07 ▼(-17.50% Downside)

The score is driven mainly by very weak financial performance (sharp revenue decline, losses, and zero operating/free cash flow) and a bearish technical backdrop (price below key moving averages and negative MACD). Valuation provides limited support due to a negative P/E and no dividend yield data.

Positive Factors

Market Position

Ganglong's strong market reputation in high-quality real estate development provides a competitive edge, potentially driving long-term demand and customer loyalty.

Urbanization Trends

Continued urbanization in China supports long-term demand for residential and commercial properties, benefiting Ganglong's growth prospects.

Business Model

Diversified revenue streams from property sales, leasing, and asset management enhance Ganglong's business resilience and cash flow stability.

Negative Factors

Revenue Decline

Significant revenue decline and negative profitability indicate operational challenges, potentially affecting long-term financial health and growth.

Cash Flow Issues

Lack of cash generation from operations limits Ganglong's ability to invest in growth and manage debt, posing a risk to financial stability.

High Leverage

Elevated leverage increases financial risk, potentially constraining Ganglong's ability to finance new projects and manage economic downturns.

Ganglong China Property Group Limited Business Overview & Revenue Model

Company Description

Ganglong China Property Group Limited (6968) is a prominent real estate development company based in China, focusing primarily on residential and commercial property development. The company operates in various sectors of the real estate market, including the construction of residential complexes, commercial spaces, and mixed-use developments. Ganglong is dedicated to creating high-quality living environments and has established a solid reputation in the property sector through its commitment to innovation and sustainability.

How the Company Makes Money

Ganglong China Property Group Limited generates revenue primarily through the sale of residential and commercial properties. The company develops large-scale real estate projects, which are sold to individual buyers, investors, or other developers. Additionally, Ganglong earns income from leasing commercial properties and managing real estate assets. The company may also engage in joint ventures or partnerships with other developers and financial institutions, which can provide additional revenue streams and enhance project financing. Furthermore, favorable government policies and urbanization trends in China can significantly impact the company's earnings, as they drive demand for new properties.

Ganglong China Property Group Limited Financial Statement Overview

Summary

Ganglong China Property Group Limited is facing significant financial challenges, with declining revenue, negative profitability, and cash flow issues. The company's increased leverage and declining equity base present substantial financial risk. Without improvements in operational efficiency and cash generation, the company may struggle to maintain its financial stability and meet its obligations.

Income Statement

Ganglong China Property Group Limited has shown a steep decline in its income statement performance, with total revenue dropping by more than half from 2023 to 2024. The company reported a negative gross profit and net income, leading to negative gross and net profit margins in 2024. Additionally, the EBIT and EBITDA margins have turned negative, indicating operational inefficiencies and potential challenges in managing costs and revenues.

Balance Sheet

The company's balance sheet shows a weakening position with a high debt-to-equity ratio as of 2024, indicating increased leverage risk. Stockholders' equity has decreased, reflecting potential challenges in asset management and financial stability. The equity ratio has also declined, showing less reliance on equity financing. However, the company still maintains a reasonable level of total assets, albeit with increased liabilities.

Cash Flow

Ganglong China has struggled significantly with its cash flow, showing zero operating and free cash flows in 2024. This reflects poor cash generation capability from its operations. The absence of capital expenditure indicates a lack of investment in growth or maintenance, which could hinder future growth prospects. The company has faced a consistent decline in free cash flow over the years, highlighting ongoing liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.52B	8.25B	17.58B	11.89B	10.37B	4.17B
Gross Profit	-865.70M	-125.33M	2.39B	1.98B	2.40B	1.52B
EBITDA	-1.24B	-541.83M	1.67B	1.26B	1.82B	1.16B
Net Income	-911.54M	-658.24M	147.97M	121.89M	480.94M	960.75M
Balance Sheet
Total Assets	20.66B	23.31B	31.61B	46.51B	56.03B	46.25B
Cash, Cash Equivalents and Short-Term Investments	343.82M	265.78M	570.17M	1.18B	2.30B	4.55B
Total Debt	8.12B	8.35B	4.88B	6.83B	9.59B	8.67B
Total Liabilities	13.25B	15.24B	20.26B	35.39B	45.75B	41.76B
Stockholders Equity	3.11B	3.44B	4.09B	3.95B	3.84B	3.69B
Cash Flow
Free Cash Flow	227.48M	441.01M	916.36M	2.01B	-3.97B	-293.98M
Operating Cash Flow	229.50M	449.83M	918.33M	2.02B	-3.94B	-271.48M
Investing Cash Flow	-597.53M	-614.10M	377.70M	357.31M	-1.38B	-2.35B
Financing Cash Flow	247.38M	-140.12M	-1.90B	-3.51B	3.08B	6.12B

Ganglong China Property Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6968, the sentiment is Negative. The current price of 0.08 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.08, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.41 is Neutral, neither overbought nor oversold. The STOCH value of 51.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6968.

Ganglong China Property Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
3366	48 Neutral	HK$284.38M	-1.85	―	―	-62.34%	70.06%
0075	44 Neutral	HK$117.53M	-1.40	-8.43%	―	-65.67%	-183.81%
0185	43 Neutral	HK$223.87M	-0.19	-157.74%	―	-14.64%	69.18%
6968	42 Neutral	HK$115.15M	-0.12	-26.32%	―	-70.72%	-667.17%
2699	40 Underperform	HK$19.54M	-0.02	―	―	-84.06%	60.63%
1996	39 Underperform	HK$116.02M	-0.02	-1347.47%	―	-59.30%	19.71%

Ganglong China Property Group Limited Corporate Events

Ganglong China Property Updates Debt Talks and Sales as It Tackles Audit Disclaimer

Ganglong China Property Group Limited has provided an update on its efforts to address a disclaimer of opinion on its financial statements, focusing on debt resolution, liquidity management and operational adjustments to mitigate going-concern uncertainties. The company is negotiating an overall restructuring or settlement plan with major holders of its November 2025 notes after events of default were triggered by missed interest and principal payments, while it has successfully renewed approximately RMB295.6 million of short-term onshore bank borrowings maturing in the fourth quarter of 2025. Benefiting from enhanced property sales measures, the group recorded cumulative contracted sales of about RMB5.403 billion for 2025, has streamlined its workforce to 255 employees to reduce costs, and continues discussions with more than 20 key contractors to formalise repayment schedules or settlement arrangements for outstanding construction fees, signalling ongoing but still unresolved efforts to stabilise its capital structure and protect stakeholder interests.

The most recent analyst rating on (HK:6968) stock is a Hold with a HK$0.07 price target. To see the full list of analyst forecasts on Ganglong China Property Group Limited stock, see the HK:6968 Stock Forecast page.

Ganglong China Property Group Reports RMB 4.95 Billion in Contracted Sales for 2025

Ganglong China Property Group Limited announced its unaudited operating figures for the period from January to November 2025, achieving contracted sales of approximately RMB 4,951.6 million. While these figures offer insights into the company’s performance during the period, they are preliminary and subject to adjustments, suggesting shareholders and investors approach the information cautiously.

The most recent analyst rating on (HK:6968) stock is a Hold with a HK$0.08 price target. To see the full list of analyst forecasts on Ganglong China Property Group Limited stock, see the HK:6968 Stock Forecast page.

Ganglong China Property Group Reports Contracted Sales for 2025

Ganglong China Property Group Limited announced that its contracted sales from January to October 2025 reached approximately RMB 4,503.3 million. These figures are preliminary and subject to change, and stakeholders are advised to exercise caution when interpreting this information, as it may not accurately reflect the company’s current or future financial performance.

Ganglong China Property Group Announces Board Composition

Ganglong China Property Group Limited has announced the composition of its board of directors and their respective roles within the company. This announcement provides clarity on the leadership structure, which could impact the company’s strategic direction and governance, potentially influencing stakeholder confidence.

Ganglong China Property Group Announces Board Reshuffle

Ganglong China Property Group Limited announced significant changes in its board composition effective from October 28, 2025. Prof. Cheung Ka Yue will resign from his role as an independent non-executive director and chairman of the Audit Committee, while Mr. Chang, Eric Jackson will take over these positions. Additionally, Mr. Lui Wing Nam and Mr. Lui Wing Mau will resign as non-executive directors. These changes are expected to bring fresh perspectives to the company’s governance and could impact its strategic direction.

Ganglong China Reports RMB 4 Billion in Contracted Sales for 2025

Ganglong China Property Group Limited announced its unaudited operating figures for the period from January to September 2025, reporting contracted sales of approximately RMB 4,052.4 million. These figures, derived from management information, are preliminary and may differ from future audited financial statements, indicating a cautious approach for stakeholders when evaluating the company’s financial performance.