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Gree Real EstateLtd (SHSE:600185) Shareholders Are Still up 41% Over 5 Years Despite Pulling Back 3.4% in the Past Week
2024 Annual Results Forecast
Gree Real Estate (600185.SH): It is estimated that there will be a net loss of 1.25 billion to -1.78 billion yuan in 2024.
On January 17, Gree Real Estate (600185.SH) announced that, according to preliminary calculations by the finance department, the company expects to achieve a Net income attributable to shareholders of the parent company for the year 2024 to be between -1.78 billion yuan and -1.25 billion yuan, indicating an expected loss. The company anticipates that the Net income attributable to shareholders of the parent company, after deducting non-recurring gains and losses, will be between -2.13 billion yuan and -1.51 billion yuan for the year 2024. The main reasons for this expected performance loss are: 1. During the reporting period, the gross margin of the company's real estate project transfer decreased; 2. The company plans to assess potential impairments in accordance with the current market conditions, following enterprise accounting standards.
Gree Real Estate Co.,Ltd's (SHSE:600185) 26% Price Boost Is Out Of Tune With Revenues
Gree Real Estate (600185.SH): Major asset replacement and related Trade matters have been approved by the Zhuhai State-owned Assets Supervision and Administration Commission.
On December 13, Gree Real Estate (600185.SH) announced that the company intends to exchange the 100% equity of Shanghai Haikong Baolian Real Estate Co., Ltd., the 100% equity of Shanghai Haikong Helian Real Estate Co., Ltd., the 100% equity of Shanghai Haikong Tailian Real Estate Co., Ltd., the 100% equity of Sanya Helian Construction Development Co., Ltd., the 100% equity of Chongqing Liangjiang New Area Gree Real Estate Co., Ltd., and the company's related external debts with the 51% equity of Zhuhai Duty-Free Enterprises Conglomerates held by Zhuhai Investment Holdings Co., Ltd. The difference in the asset exchange will be compensated in Cash.
Is Gree Real EstateLtd (SHSE:600185) Using Debt Sensibly?
Gree Real EstateLtd (SHSE:600185) Dips 5.9% This Week as Increasing Losses Might Not Be Inspiring Confidence Among Its Investors
