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Ganglong China Property Group Limited
(Frankfurt:6968)
Ganglong China Property Group Limited (6968) vs. iShares MSCI Hong Kong ETF (EWH)
Ganglong China Property Group Limited Business Overview & Revenue Model
Ganglong China Property Group Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 8.25B | 17.58B | 11.89B | 10.37B | 4.17B |
| Gross Profit | -125.33M | 2.39B | 1.98B | 2.40B | 1.52B |
| EBITDA | -541.83M | 1.67B | 1.26B | 1.82B | 1.16B |
| Net Income | -658.24M | 147.97M | 581.15M | 1.10B | 641.94M |
Balance Sheet | |||||
| Total Assets | 23.31B | 31.61B | 46.51B | 56.03B | 46.25B |
| Cash, Cash Equivalents and Short-Term Investments | 265.78M | 570.17M | 1.18B | 2.30B | 4.55B |
| Total Debt | 8.35B | 4.88B | 6.83B | 9.59B | 8.67B |
| Total Liabilities | 15.24B | 20.26B | 35.39B | 45.75B | 41.76B |
| Stockholders Equity | 3.44B | 4.09B | 3.95B | 3.84B | 3.69B |
Cash Flow | |||||
| Free Cash Flow | 441.01M | 916.36M | 2.01B | -3.97B | -293.98M |
| Operating Cash Flow | 449.83M | 918.33M | 2.02B | -3.94B | -271.48M |
| Investing Cash Flow | -614.10M | 377.70M | 357.31M | -1.38B | -2.35B |
| Financing Cash Flow | -140.12M | -1.90B | -3.51B | 3.08B | 6.12B |
Ganglong China Property Group Limited Technical Analysis
Ganglong China Property Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | 296.82M | -0.28 | 16.72% | ― | -84.06% | 63.24% | |
41 Neutral | 250.65M | -0.21 | -243.03% | ― | -14.64% | 69.18% | |
41 Neutral | HK$139.47M | ― | -26.32% | ― | -70.77% | -667.17% | |
39 Underperform | 112.74M | -1.36 | 0.00% | ― | -65.67% | -183.81% | |
39 Underperform | 175.69M | -0.03 | 1160.41% | ― | -59.30% | 19.71% | |
31 Underperform | 162.40M | -1.17 | 0.00% | ― | -62.34% | 70.06% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
Ganglong China Property Group Limited Corporate Events
Ganglong China Property Group Limited announced its unaudited interim results for the first half of 2025, revealing a significant decline in revenue and an increased net loss compared to the same period in 2024. Revenue dropped by approximately 70% to RMB1,631 million, and the net loss expanded to RMB666 million. Despite a reduction in selling, marketing, and administrative expenses by 18%, the company faced a challenging financial period, with a decrease in bank and other borrowings by 6% as of June 2025. These results indicate a tough market environment and potential challenges in maintaining financial stability, impacting stakeholders’ confidence.
Ganglong China Property Group Limited has announced an expected significant increase in losses for the first half of 2025, with losses projected to reach up to RMB670 million, compared to RMB154 million in the same period of 2024. This downturn is attributed to decreased revenue from lower contracted sales, adverse market conditions, and increased impairment for properties under development, impacting the company’s financial performance and market positioning.
Ganglong China Property Group Limited has announced a board meeting scheduled for August 29, 2025, to discuss and approve the company’s unaudited interim results for the first half of the year and to consider declaring an interim dividend. This meeting is significant as it may impact the company’s financial outlook and stakeholder interests, reflecting its operational performance and potential shareholder returns.
Ganglong China Property Group Limited announced that from January to July 2025, the company and its affiliates achieved contracted sales of approximately RMB 3,150.8 million. These figures are preliminary and may differ from future audited financial statements, indicating that stakeholders should exercise caution and not rely solely on this information for investment decisions.
Ganglong China Property Group Limited announced updates on its efforts to resolve a disclaimer of opinion related to its financial statements. The company is addressing financial challenges, including an acceleration notice from a major noteholder and negotiations for extending short-term bank borrowings. Additionally, the company reported significant contracted sales and is actively negotiating with contractors to settle outstanding construction fees, reflecting its ongoing efforts to stabilize operations and protect stakeholder interests.
Ganglong China Property Group Limited announced that its contracted sales for the first half of 2025 reached approximately RMB 2,699.8 million. These figures, derived from management information, are preliminary and subject to change, indicating that stakeholders should exercise caution and not rely solely on this data for assessing the company’s financial performance.
Ganglong China Property Group Limited has outlined the terms of reference for its Nomination Committee, which is responsible for reviewing the structure, size, and composition of the Board. The Committee’s duties include assessing the independence of directors, recommending appointments, and ensuring diversity and disclosure policies are maintained. This move aims to enhance corporate governance and ensure the Board’s alignment with the company’s strategic goals.
Ganglong China Property Group Limited announced significant changes in its board composition, with the resignation of three independent non-executive directors, Mr. Chan Pak Hung, Ms. Tang Lo Nar, and Mr. Wong Tong Yuen, effective June 27, 2025. These resignations were due to personal commitments, and the company expressed gratitude for their contributions. Concurrently, the company appointed Prof. Cheung Ka Yue, Ms. Wu Hua, and Mr. Xiong Lusheng as new independent non-executive directors. Prof. Cheung brings extensive experience in corporate governance and finance, which could enhance the company’s strategic direction and governance practices.
Ganglong China Property Group Limited has announced the composition of its board of directors, highlighting the roles and functions of its executive, non-executive, and independent non-executive directors. The announcement provides details about the membership of the board committees, which include the Audit, Remuneration, and Nomination Committees, potentially impacting the company’s governance and strategic decision-making processes.
Ganglong China Property Group Limited announced a significant financial development regarding its November 2025 Notes, with an aggregate principal amount of approximately US$180.6 million. The company has received a notice from a major noteholder demanding immediate payment due to an interest non-payment, which constitutes an event of default. Ganglong China Property Group Limited plans to engage with noteholders to find a solution to protect stakeholder interests.