China Evergrande Group, an investment holding company, primarily engages in the property development business in the People's Republic of China. It operates through four segments: Property Development, Property Investment, Property Management Services, and Other Businesses. It is involved in the development of residential properties, as well as other businesses, including property investment, property management, property construction, new energy vehicle, hotel operation, finance, internet, cultural tourism, and health businesses. The company was formerly known as Evergrande Real Estate Group Limited and changed its name to China Evergrande Group in July 2016. China Evergrande Group was incorporated in 2006 and is headquartered in Shenzhen, the People's Republic of China. China Evergrande Group operates as a subsidiary of Xin Xin (BVI) Limited.
General Outlook
In simple terms, China Evergrande Group has 13204.3 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.109% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -0.280%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.460%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.058% return, is a testament to China Evergrande Group's adeptness in optimizing resource deployment. China Evergrande Group's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.238%. Furthermore, the proficiency of China Evergrande Group in capital utilization is underscored by a remarkable 0.125% return on capital employed.
Stock Prices
China Evergrande Group's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $1.65, while its low point bottomed out at $1.65. This variance in figures offers investors a lucid insight into the roller-coaster ride that is China Evergrande Group's stock market.
