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Country Garden Services to sell stake in Zhuhai Wanda for $446 million
Tue 24 Sep 24, 11:13 PM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 1089.76M | 2706.71M | 1079.65M | 3485.64M | 5672.84M |
| Minority interest | - | -66.15100M | -224.37600M | -317.91400M | -316.05800M |
| Net income | 585.97M | 1808.36M | 292.33M | 1943.42M | 4033.39M |
| Selling general administrative | - | 4442.72M | 3866.36M | 4270.32M | 3259.38M |
| Selling and marketing expenses | - | 373.20M | 342.14M | 437.72M | 337.62M |
| Gross profit | 8237.73M | 8400.61M | 8731.95M | 10257.47M | 8864.00M |
| Reconciled depreciation | - | 1988.51M | 1925.02M | 1868.82M | 1105.14M |
| Ebit | 1959.49M | 2875.81M | 1313.47M | 4618.55M | 5757.52M |
| Ebitda | 3906.47M | 4864.31M | 3238.49M | 6487.37M | 6862.66M |
| Depreciation and amortization | 1946.98M | 1988.51M | 1925.02M | 1868.82M | 1105.14M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 1959.49M | 2670.11M | 1092.39M | 3523.34M | 5729.27M |
| Other operating expenses | 45146.45M | 41322.78M | 41519.12M | 35467.54M | 23377.42M |
| Interest expense | 123.15M | 169.10M | 233.82M | 214.83M | 221.06M |
| Tax provision | - | 832.20M | 562.94M | 1224.30M | 1323.39M |
| Interest income | - | 217.25M | 272.00M | 142.69M | 123.21M |
| Net interest income | - | 48.16M | 38.18M | -72.13200M | -97.84800M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 506.32M | 832.20M | 562.94M | 1224.30M | 1323.39M |
| Total revenue | 47105.94M | 43992.89M | 42611.51M | 41366.57M | 28843.01M |
| Total operating expenses | 6278.24M | 5730.50M | 7639.56M | 4358.44M | 3398.40M |
| Cost of revenue | 38868.21M | 35592.28M | 33879.56M | 31109.11M | 19979.01M |
| Total other income expense net | -869.72839M | 36.59M | -12.74000M | -37.70700M | -56.42700M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | - | 1874.51M | 516.71M | 2261.34M | 4349.45M |
| Net income applicable to common shares | - | - | - | 1943.42M | 4033.39M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 71876.60M | 71254.53M | 69244.07M | 70076.90M | 66812.76M |
| Intangible assets | 5752.59M | 6807.98M | 7494.51M | 8112.90M | 8655.78M |
| Earning assets | - | - | - | - | - |
| Other current assets | 1208.81M | 2516.92M | 2137.54M | 2300.53M | 1671.52M |
| Total liab | 33506.69M | 32175.81M | 30462.00M | 30167.90M | 28439.26M |
| Total stockholder equity | 35976.45M | 36617.03M | 36155.87M | 37456.43M | 36186.87M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 10690.37M | 17677.34M | 16959.29M | 17567.56M | 15341.96M |
| Common stock | 2.14M | 2.13M | 2.13M | 2.16M | 2.15M |
| Capital stock | - | 2.13M | 2.13M | 2.16M | 2.15M |
| Retained earnings | 8963.50M | 9497.68M | 8819.21M | 9313.60M | 8515.62M |
| Other liab | - | - | - | - | 2274.85M |
| Good will | 14454.65M | 15422.81M | 16432.80M | 17901.32M | 19289.02M |
| Other assets | - | - | - | 2978.71M | 1475.98M |
| Cash | 12906.23M | 15897.24M | 12939.28M | 11215.77M | 11618.62M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 29955.89M | 28332.46M | 26383.51M | 24994.17M | 24790.56M |
| Current deferred revenue | 8882.38M | - | -164.25200M | - | - |
| Net debt | -10111.55700M | -13097.02600M | -9852.05000M | -6696.02200M | -5290.56300M |
| Short term debt | 563.01M | 555.78M | 893.05M | 1450.04M | 4954.20M |
| Short long term debt | - | 352.13M | 728.80M | 1237.64M | 4745.19M |
| Short long term debt total | 2794.67M | 2800.22M | 3087.23M | 4519.75M | 6328.06M |
| Other stockholder equity | 27010.81M | 27117.21M | 27064.72M | 28140.67M | 27669.10M |
| Property plant equipment | - | - | - | 1691.91M | 1629.26M |
| Total current assets | 42934.09M | 42228.45M | 35869.38M | 34656.49M | 31200.50M |
| Long term investments | - | - | - | - | - |
| Net tangible assets | - | - | - | 11503.07M | 8242.08M |
| Short term investments | 4732.97M | 2395.11M | 807.72M | 862.82M | 3656.20M |
| Net receivables | 22513.01M | 20805.94M | 19468.58M | 15358.12M | 13408.16M |
| Long term debt | - | 518.12M | 840.75M | 1015.93M | 442.18M |
| Inventory | 1573.07M | 613.24M | 516.26M | 270.76M | 210.51M |
| Accounts payable | 9820.13M | 8634.18M | 7216.28M | 5976.57M | 4494.40M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | - | -126.31400M | 269.81M | - | - |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | - | 4449.03M | 2446.34M | 7053.63M | 9966.01M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 28942.51M | 29026.08M | 33374.70M | 35420.40M | 35612.26M |
| Capital lease obligations | - | 1929.96M | 1517.68M | 2266.18M | 1140.69M |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | 1686.78M | -354.10300M | 755.46M | -5002.10000M | -1257.91700M |
| Change to liabilities | - | - | - | 998.10M | 1856.95M |
| Total cashflows from investing activities | 1686.78M | -354.10300M | - | -25092.36800M | -4631.97400M |
| Net borrowings | -751.27400M | -684.01700M | - | 4374.75M | 3590.76M |
| Total cash from financing activities | -2822.45600M | -2794.31200M | -4410.54400M | 18297.56M | 9762.16M |
| Change to operating activities | - | - | - | 7.84M | -87.71100M |
| Net income | 2706.71M | 1079.65M | 3485.64M | 5672.84M | 3714.73M |
| Change in cash | 2700.04M | 1421.42M | -402.84900M | -3596.60500M | 8301.08M |
| Begin period cash flow | 12637.19M | 11215.77M | 11618.62M | 15215.22M | 6914.15M |
| End period cash flow | 15337.23M | 12637.19M | 11215.77M | 11618.62M | 15215.22M |
| Total cash from operating activities | 3873.10M | 4614.79M | 3321.29M | 3407.37M | 3613.66M |
| Issuance of capital stock | - | 0.00000M | 1.88M | 15905.74M | 6567.86M |
| Depreciation | 1988.51M | 1925.02M | 1868.82M | 1105.14M | 336.09M |
| Other cashflows from investing activities | 414.43M | 598.64M | - | 129.50M | 160.46M |
| Dividends paid | 984.85M | 1255.14M | 861.22M | 676.99M | 416.94M |
| Change to inventory | -26.87900M | -245.68600M | -59.13900M | -52.60900M | -57.13600M |
| Change to account receivables | -1715.92200M | 279.07M | - | -2925.70300M | -1604.44500M |
| Sale purchase of stock | -545.44300M | -266.60300M | -82.05000M | -594.07000M | - |
| Other cashflows from financing activities | -540.88500M | -344.18700M | 1311.77M | 3791.41M | 3611.24M |
| Change to netincome | - | - | - | 241.21M | 483.80M |
| Capital expenditures | 746.83M | 940.69M | 895.59M | 600.89M | 345.45M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | -249.40900M | 2248.19M | -2138.47300M | -1972.37300M | 107.65M |
| Stock based compensation | 123.27M | -202.64900M | 55.46M | 217.35M | 233.75M |
| Other non cash items | -695.97200M | -435.41800M | 49.84M | -1615.58200M | -778.55300M |
| Free cash flow | 3126.27M | 3674.10M | 2425.70M | 2806.48M | 3268.22M |
Sector: Real Estate Industry: Real Estate Services
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CTRGF Country Garden Services Holdings Co Ltd |
- -% | 0.73 | 24.17 | 15.11 | 0.05 | 0.45 | 0.08 | 3.20 |
| MSGNF Man Sang International Limited |
- -% | 0.0015 | - | - | 844.75 | 3.95 | 3.76 | -1.3608 |
| CBRE CBRE Group Inc Class A |
2.28 1.75% | 132.23 | 38.92 | 21.37 | 1.09 | 4.95 | 1.28 | 25.73 |
| BEKE Ke Holdings Inc |
-0.125 0.83% | 14.88 | 42.90 | 16.92 | 0.33 | 2.33 | 1.66 | 24.07 |
| VONOY Vonovia SE ADR |
-0.43 3.63% | 11.42 | - | 13.24 | 3.92 | 0.81 | 4.11 | -3.0745 |
Country Garden Services Holdings Company Limited, an investment holding company, provides property management services to property owners, residents, and property developers in Mainland China. It operates through four segments: Property management and Related Services Other than Three Supplies and Property Management Businesses; Three Supplies and Property Management Businesses; City Services Business; and Commercial Operational Services Business. The company offers security, cleaning, green landscaping, gardening, repair and maintenance, and other services. Its property management portfolio includes residential properties, commercial properties, office buildings, industrial parks, multi-purpose complexes, government buildings, hospitals, and schools, as well as other public facilities, such as airport terminals, highway service stations, scenic areas, and other non-residential properties. It also provides community value-added services comprising home living, home decoration intermediate services, real estate brokerage services, community media services, local life services, community area services, insurance brokerage services, and sales of goods. In addition, the company offers management consultancy services to property developers for their pre-sale activities, as well as consultancy services for properties managed by other property management companies; and cleaning, green landscaping, repair, and maintenance services to property developers at the pre-delivery stage. Further, the company provides sales and leasing agency services of unsold parking spaces and properties; heat supply, city, and commercial operational services; elevator products installation, supporting, and other services; information system integration, skill training, science and technology promotion and application, advertising, and e-commerce services. Country Garden Services Holdings Company Limited was founded in 1992 and is headquartered in Foshan, the People's Republic of China.
West Building of Country Garden Office, Foshan, China
| Name | Title | Year Born |
|---|---|---|
| Mr. Changjiang Li | Pres & Exec. Director | 1966 |
| Mr. Hua Xiao | Exec. Director | 1978 |
| Mr. Zhanjun Guo | Exec. Director | 1980 |
| Mr. Peng Huang | CFO & Joint Company Sec. | 1984 |
| Mr. Shunsong Gong | Chief Operating Officer | 1979 |
| Mr. Hongkai Yuan | Chief Information Officer | 1979 |
| Mr. Binhuai Xu | Chief Strategy Officer | 1979 |
| Mr. Chong Shun Leung | Joint Company Sec. | 1965 |
| Mr. Zhenwen Liu | VP | NA |
| Mr. Binhuai Xu | President & Executive Director | 1980 |
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