Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

End-of-day quote. End-of-day quote  - 02/21
5.83 HKD   -0.17%
02/13 EXCLUSIVE - CHI : Reuters survey
02/08 CHINA VANKE : Jan. Sales Income Soared 88.04%
02/07 CHINA EVERGRAND : Evergrande Jan. Sales Income Soared 75%
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Evergrande Real Estate Group Limited : Contracted Sales Results Update for April 2013

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/08/2013 | 12:02am CET

?For Immediate Release?

Evergrande Real Estate Group Limited

? ? ? ? ? ? ? ? ? ?

(incorporated in the Cayman Islands with limited liability)

Evergrande Real Estate Group Limited Contracted Sales Results Update for April 2013

(7 May 2013, Hong Kong) Evergrande Real Estate Group Limited ("Evergrande" or the "Group", SEHK stock code: 3333), one of the leading large-scale integrated residential property developers in China, announces today its contracted property sales results for the month of April 2013.
In April 2013, the Group achieved contracted sales of RMB7.26 billion. Contracted average selling price ("ASP") was RMB6,620 per sq.m.. Contracted sold GFA was 1,097,000 sq. m.. Compared with March 2013, the Group's contracted sales increased by 15.8%, contracted sold GFA increased by 10.9%, and contracted ASP increased by 4.4%.
The Group's total number of projects in sales mode was 188 in April 2013, same as in March 2013.
From January to April, the Group's total contracted sales achieved RMB24.98 billion, increased by 51.9% year-on-year. Total contracted sold GFA was 3,936,000 sq. m., increased by 46.9% year-on-year. Contracted ASP from January to April was RMB6,348 per sq. m., increased by 3.4% year-on-year.

Evergrande Real Estate Group Limited

Contracted Sales Results Updates for April 2013

7 May 2013/Page 2

?Cont'd?

Figure: Comparison of Contracted Sales, Contracted Sold GFA and Contracted ASP for the monthly of April 2013 vs. March 2013

6 ,2 7 1

7 ,2 6 2

989

1,0 9 7

6 ,3 4 0 6 ,6 2 0

Mar 2013 Apr 2013 Mar 2013 Apr 2013 Mar 2013 Apr 2013 Contracted Sales (RMB million? Contracted Sold GFA (?000 sq. m.) Contracted ASP (RMB/sq. m.) Figure: Comparison of Contracted Sales, Contracted Sold GFA and Contracted ASP for the period from January to April 2013 vs. 2012

16 ,4 5 2

2 4 ,9 8 2

2 ,6 7 9

3 ,9 3 6

6 ,14 0

6 ,3 4 8

2012 2013 Contracted Sales (RMB million? 2012 2013 Contracted Sold GFA (?000 sq. m.) 2012 2013 Contracted ASP (RMB/ sq. m.? Figure: Contracted Sales and Contracted ASP for the period from January to April 2013


Contracted Sales (RMB billion) Contracted ASP?RMB/sq.m.)

10 6,620

6,206 6,163

8 6,340

6

7,000

6,000

5,000

4 7.25 6.27

2 4.20

7.26

4,000

0

Jan Feb Mar Apr

3,000

Evergrande Real Estate Group Limited

Contracted Sales Results Updates for April 2013

7 May 2013/Page 3

?Cont'd?

(In view of variables in the course of sales, there may be discrepancies between the above-mentioned and information disclosed in periodic reports. Therefore, the relevant statistics are periodic information solely for investors' reference.)
- End -

For further information, please contact: Porda Havas International Finance Communications Group

Paul Sham/ Jung Chang/ Carven Tsui
Tel : (852) 3150 6730/ 3150 6705/ 3150 6703
Fax : (852) 3150 6728
Email: paul.sham@pordahavas.com/ jung.chang@pordahavas.com/
carven.tsui@pordahavas.com

Evergrande Real Estate Group Limited

Investor Relations
Tel : (852) 2287 9218 / 2287 9207
Email: chenfen@evergrande.com / caiqin@evergrande.com

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHINA EVERGRANDE GROUP
02/13 EXCLUSIVE - CHINA'S TOP DEVELOPERS P : Reuters survey
02/08 CHINA VANKE : Jan. Sales Income Soared 88.04%
02/07 CHINA EVERGRANDE : Evergrande Jan. Sales Income Soared 75%
02/07 CHINA CALXON : Evergrande Plans to Sell Holdings in China Calxon
02/06 CHINA EVERGRANDE : Unaudited operating statistics of properties of the group for..
01/26DJCHINA EVERGRANDE : Gets Approval for Proposed Spin-Off of China Property Assets
01/25 CHINA EVERGRANDE : Announcement in relation to the in-principle approval for the..
01/13 CHINA EVERGRANDE : Evergrande not to Invest more in Vanke
01/13 CHINA VANKE : Vanke power play seen ending with stake sale to state-backed Shenz..
01/12 CHINA VANKE : No. 2 shareholder sells stake to Shenzhen Metro amid power tussle
More news
Sector news : Real Estate Development & Operations - NEC
05:44aDJNEW WORLD DEVELOPMENT : 1st Half Net Profit Rose to HK$4.34 Billion
02/21DJAYALA LAND : Plans to Raise PHP30 Billion
02/21DJSM PRIME : 2016 Net Profit PHP23.8 Billion, Up 14% On Year
02/16DJNEW WORLD DEVELOPMENT : Wins Kowloon West Commercial Site for HK$7.79 Billion
02/15DJAYALA LAND : 2016 Net Profit PHP20.9 Billion, Up 19%
More sector news : Real Estate Development & Operations - NEC
News from SeekingAlpha
02/21 Chinese Insurers Could Face Liquidity Crunch In 2017
2016 China's Property Sector - Demographic Shifts Could Spur Long Term Demand
2016 Plot Thickens For Control Of China Vanke As Evergrande Enters Fray
2015 EVERGRANDE : Myths And Hidden Debt
2015 EVERGRANDE : Death Spiral
Advertisement
Financials ( CNY)
Sales 2016 177 481 M
EBIT 2016 26 600 M
Net income 2016 6 426 M
Debt 2016 150 185 M
Yield 2016 5,70%
P/E ratio 2016 11,80
P/E ratio 2017 8,36
EV / Sales 2016 1,24x
EV / Sales 2017 0,83x
Capitalization 70 750 M
More Financials
Chart CHINA EVERGRANDE GROUP
Duration : Period :
China Evergrande Group Technical Analysis Chart | 3333 | KYG2119W1069 | 4-Traders
Full-screen chart
Technical analysis trends CHINA EVERGRANDE ...
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 4,44  CNY
Spread / Average Target -14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Hai Jun Xia Vice Chairman & Chief Executive Officer
Ka Yan Hui Chairman
Darong Pan Chief Financial Officer & Executive Director
Dong Feng Chen Director-Information Technology
Gang Li Vice Chairman & Executive Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CHINA EVERGRANDE GROUP15.45%10 282
SUN HUNG KAI PROPERTIE..13.98%41 671
CHINA OVERSEAS LAND & ..14.56%33 315
MITSUBISHI ESTATE CO L..-2.36%27 886
CHEUNG KONG PROPERTY H..10.48%25 804
WHARF HOLDINGS LTD15.85%23 557
More Results