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Evergrande Group 

Evergrande Group 
HKEX

Evergrande Group is China's second-largest property developer by sales.

OVERVIEW

Categories
Technical Travel, Health Management, Decoration, Tourism, New Energy Auto, Healthcare, Manufacturing, Real Estate, Comprehensive Enterprise, Business Development, Decoration Design, Real Estate Development, Residential Development, Real Estate Construction
HQ location
Guangdong
Founded date
Feb. 8, 1997
IPO date
Nov. 5, 2009
Legal name
Evergrande Real Estate Group Limited
Evergrande Group is China's second-largest property developer by sales. Evergrande Group is a modern enterprise group integrating real estate, finance, Internet, health, tourism, culture and sports as a whole. With the existing total assets amounting to RMB a trillion and the annual sales scale of more than RMB 300 billion, Evergrande Group has more than 500 real estate projects in over180 cities throughout the country and more than 80,000 employees, solving the employment of over 1.3 million people, ranking Top 500 in the world and becoming the world’s largest real estate enterprise.
03333:HKEX
Transaction date
Jun. 2, 2020
52-week high
HKD 23.60
52-week low
HKD 9.76
Volume
253,221,504
Open
HKD 17.30
Close
HKD 17.48
P/E
12.00
Market cap
HKD 231.43 billion

ANALYSIS

Evergrande Health's revenue was CNY 5.64 billion in 2019, and said "new energy vehicle losses for the stage"

In 2019, Evergrande Health's revenue reached CNY 5.64 billion, up 79.9% year on year. The net loss was CNY 4.95 billion, compared with a loss of CNY 1.43 billion in the same period last year, up 246.2% from the same period last year.It is mainly because the new energy vehicle business is still in the stage of investment expansion, the purchase of fixed assets and equipment, and the increase of research and development and other related expenses.

Mar. 31, 2020 · Evergrande Group 

Biguiyuan, Vanke, Evergrande and Sunac, who is the leading real estate developer in China in the next five years?

China's top4 real estate companies are Biguiyuan (HK: 02007) with CNY 732.95 billion, Vanke (SZ: 000002) with CNY 624.9 billion, Evergrande (HK: 03333) with CNY601.92 billion, Sunac China (HK: 01918) with CNY 527.85 billion.

Feb. 24, 2020 · Evergrande Group 

Evergrande's transoceanic "war epidemic"

 Tri-party research organization led by Evergrande, representing the current leading forces in respiratory diseases, cancer and medical research. They have great hope to complete the mission of conquering novel coronavirus.

Feb. 20, 2020 · Evergrande Group 

REPORTS

China Evergrande (3333.HK) : Review of the 2018 annual report, continued to advance"three low and one high", and completed a diversified layout

It is estimated that the company's EPS from 2019 to 2021 will be CNY 4.46, 6.01 and 7.29 respectively, and the dynamic P/E corresponding to the current share price will be 5.2, 3.8 and 3.2 times respectively. Considering the steady improvement of the company's profitability, the company will be valued at 7 times in 2019, corresponding to the target price of 36.55 Hong Kong dollars

Mar. 27, 2019 · Evergrande Group 

China Evergrande (3333.HK) : Monthly sales fell, the year will exceed the target

The company is expected to enjoy a compound annual growth rate of 48.1% in net profit attributable to the parent from 2018 to 2020. Considering the company's abundant cargo value, fast performance and continuous improvement of safety, the company is valued at 8 times in 2018, corresponding to the target price of HK $33.42

Dec. 7, 2018 · Evergrande Group 

ANNOUNCEMENTS

Date Announcement
Jun. 2, 2020 On June 2, Evergrande Group announced that sales in May reached 60.22 billion, an increase of 12.5% year-on-year; the sales area was 6.367 million square meters, an increase of 28% year-on-year.<br/>From January to May, Evergrande's cumulative sales were CNY 272.79 billion, an increase of 17.8% year-on-year; the aggregate sales area was 30.079 million square meters, an increase of 39.6% year-on-year.<br/>Market participants believe that with the recovery of the national property market and the continued efforts of Evergrande's online house sales policy, Evergrande's good sales situation is expected to continue, and it will surpass the predicted half-year transcript.
May. 16, 2020 On May 15, China Evergrande (03333.HK) announced that the company repurchased 3.08 million shares at a price of HKD 15.72-15.90 per share at a cost of HKD 48.73 million on May 15, 2020.
May. 15, 2020 China Evergrande Group (03333.HK) announced that on May 14, 2020, the company repurchased 15.06 million shares at a cost of HKD 233 million at HKD 15.08-15.66 per share.
May. 7, 2020 May 7, Evergrande Group replaced the repurchase of 2.03 million shares at a cost of HKD 29.2 million.<br/>Number of securities purchased: 2,028,000<br/>Method of purchase: On Exchange <br/>Price per share or highest price paid: HKD 14.42<br/>Lowest price paid: HKD 14.30 Total paid: HKD 29,185,020<br/>
May. 6, 2020 The board of directors of China Evergrande Group is pleased to announce that:1) the Group’s contracted sales of properties for the month of April 2020 amounted to approximately CNY 65.21 billion, representing an increase of approximately 11.6% from the same period last year. 2) The contracted sales area for the month was approximately 7.13 million square meters, representing an increase of approximately 28.5% from the same period last year. Cash collection of April was approximately CNY 64.65 billion, representing an increase of approximately 70.8% from the same period last year. The above-mentioned contracted sales amount and cash collection data are the best historical record of the Group on the same year-on-year basis.
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Overview
Categories
Technical Travel, Health Management, Decoration, Tourism, New Energy Auto, Healthcare, Manufacturing, Real Estate, Comprehensive Enterprise, Business Development, Decoration Design, Real Estate Development, Residential Development, Real Estate Construction
HQ location
Guangdong
Founded date
Feb. 8, 1997
IPO date
Nov. 5, 2009
Legal name
Evergrande Real Estate Group Limited
Evergrande Group is China's second-largest property developer by sales. Evergrande Group is a modern enterprise group integrating real estate, finance, Internet, health, tourism, culture and sports as a whole. With the existing total assets amounting to RMB a trillion and the annual sales scale of more than RMB 300 billion, Evergrande Group has more than 500 real estate projects in over180 cities throughout the country and more than 80,000 employees, solving the employment of over 1.3 million people, ranking Top 500 in the world and becoming the world’s largest real estate enterprise.
03333:HKEX
Transaction date
Jun. 2, 2020
52-week high
HKD 23.60
52-week low
HKD 9.76
Volume
253,221,504
Open
HKD 17.30
Close
HKD 17.48
P/E
12.00
Market cap
HKD 231.43 billion
Analysis

Evergrande Health's revenue was CNY 5.64 billion in 2019, and said "new energy vehicle losses for the stage"

In 2019, Evergrande Health's revenue reached CNY 5.64 billion, up 79.9% year on year. The net loss was CNY 4.95 billion, compared with a loss of CNY 1.43 billion in the same period last year, up 246.2% from the same period last year.It is mainly because the new energy vehicle business is still in the stage of investment expansion, the purchase of fixed assets and equipment, and the increase of research and development and other related expenses.

Mar. 31, 2020 · Evergrande Group 

Biguiyuan, Vanke, Evergrande and Sunac, who is the leading real estate developer in China in the next five years?

China's top4 real estate companies are Biguiyuan (HK: 02007) with CNY 732.95 billion, Vanke (SZ: 000002) with CNY 624.9 billion, Evergrande (HK: 03333) with CNY601.92 billion, Sunac China (HK: 01918) with CNY 527.85 billion.

Feb. 24, 2020 · Evergrande Group 

Evergrande's transoceanic "war epidemic"

 Tri-party research organization led by Evergrande, representing the current leading forces in respiratory diseases, cancer and medical research. They have great hope to complete the mission of conquering novel coronavirus.

Feb. 20, 2020 · Evergrande Group 
Reports

China Evergrande (3333.HK) : Review of the 2018 annual report, continued to advance"three low and one high", and completed a diversified layout

It is estimated that the company's EPS from 2019 to 2021 will be CNY 4.46, 6.01 and 7.29 respectively, and the dynamic P/E corresponding to the current share price will be 5.2, 3.8 and 3.2 times respectively. Considering the steady improvement of the company's profitability, the company will be valued at 7 times in 2019, corresponding to the target price of 36.55 Hong Kong dollars

Mar. 27, 2019 · Evergrande Group 

China Evergrande (3333.HK) : Monthly sales fell, the year will exceed the target

The company is expected to enjoy a compound annual growth rate of 48.1% in net profit attributable to the parent from 2018 to 2020. Considering the company's abundant cargo value, fast performance and continuous improvement of safety, the company is valued at 8 times in 2018, corresponding to the target price of HK $33.42

Dec. 7, 2018 · Evergrande Group 
Announcements
Date Announcement
Jun. 2, 2020 On June 2, Evergrande Group announced that sales in May reached 60.22 billion, an increase of 12.5% year-on-year; the sales area was 6.367 million square meters, an increase of 28% year-on-year.<br/>From January to May, Evergrande's cumulative sales were CNY 272.79 billion, an increase of 17.8% year-on-year; the aggregate sales area was 30.079 million square meters, an increase of 39.6% year-on-year.<br/>Market participants believe that with the recovery of the national property market and the continued efforts of Evergrande's online house sales policy, Evergrande's good sales situation is expected to continue, and it will surpass the predicted half-year transcript.
May. 16, 2020 On May 15, China Evergrande (03333.HK) announced that the company repurchased 3.08 million shares at a price of HKD 15.72-15.90 per share at a cost of HKD 48.73 million on May 15, 2020.
May. 15, 2020 China Evergrande Group (03333.HK) announced that on May 14, 2020, the company repurchased 15.06 million shares at a cost of HKD 233 million at HKD 15.08-15.66 per share.
May. 7, 2020 May 7, Evergrande Group replaced the repurchase of 2.03 million shares at a cost of HKD 29.2 million.<br/>Number of securities purchased: 2,028,000<br/>Method of purchase: On Exchange <br/>Price per share or highest price paid: HKD 14.42<br/>Lowest price paid: HKD 14.30 Total paid: HKD 29,185,020<br/>
May. 6, 2020 The board of directors of China Evergrande Group is pleased to announce that:1) the Group’s contracted sales of properties for the month of April 2020 amounted to approximately CNY 65.21 billion, representing an increase of approximately 11.6% from the same period last year. 2) The contracted sales area for the month was approximately 7.13 million square meters, representing an increase of approximately 28.5% from the same period last year. Cash collection of April was approximately CNY 64.65 billion, representing an increase of approximately 70.8% from the same period last year. The above-mentioned contracted sales amount and cash collection data are the best historical record of the Group on the same year-on-year basis.