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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  China Evergrande Group    3333   KYG2119W1069

CHINA EVERGRANDE GROUP (3333)
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China Evergrande : 2017.08.25Evergrande Group ranked the twelfth in China top 500 private enterprises

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09/13/2017 | 09:42am CEST

On August 24th, 2017, the list of China top 500 private enterprises was released in Ji'nan. Evergrande Group ranked the twelfth in Chinese top 500 private enterprises and the seventh in Chinese top 100 private service enterprises. In addition, the scale of company's assets took the lead in China top 500 private enterprises, and its tax amount ranked the third, hitting a record high.

The event was sponsored by National Federation of industry and commerce and organized by Shandong government. Wang Qinmin, vice chairman of the CPPCC National Committee and the president of the National Federation of industry and commerce; Xu Lejiang, vice Minister of the central United Front Work Department, secretary and vice executive chairman of the National Federation of industry and commerce; Gong Zheng, deputy secretary and governor of Shandong province, and other leaders attended the event. Hui Ka Yan, member of CPPCC National Committee, president of Evergrande Group board of directors and other representatives of top 500 private enterprises also participated in the event.。

It was reported that the press conference ceremony took 'practicing the new development concept and promoting the transformation of old energy into new one' as the theme. It showed achievement of 2016 China's private economy, promoted active behavior of large-scale private enterprises in national economic development and shared successful experience in the development of private enterprises, vigorously promoted entrepreneurship, led private enterprises to carry out the new development concept and achieved healthy development.

China Evergrande Group published this content on 25 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 September 2017 07:41:03 UTC.

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Financials (CNY)
Sales 2018 439 B
EBIT 2018 115 B
Net income 2018 38 953 M
Debt 2018 395 B
Yield 2018 12,6%
P/E ratio 2018 5,89
P/E ratio 2019 4,74
EV / Sales 2018 1,42x
EV / Sales 2019 1,13x
Capitalization 227 B
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 24,1  CNY
Spread / Average Target 41%
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Managers
NameTitle
Hai Jun Xia Vice Chairman & Chief Executive Officer
Ka Yan Hui Chairman
Darong Pan Chief Financial Officer & Executive Director
Dong Feng Chen Head-Information
Miao Ling He Executive Director & Vice President
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