SHIMAO GROUP HOLDINGS LIMITED 
By Announce Operating Statistics for April 2013 Contracted Sales amounted to RMB4.60 billion The ASP reached the new record highest in the year Operating Statistics for the four months ended 2013 (unaudited)* Aggregate Contracted Sales Aggregate Contracted Sold Area RMB' million 18,327 Square Meter 1,457,057 20,000 1,600,000 18,000 1,400,000 16,000 11,361 1,200,000 952,192 14,000 61% 53% 12,000 1,000,000 10,000 800,000 8,000 600,000 6,000 400,000 4,000 2,000 200,000 - - 2012 2013 2012 2013 (May 6, 2013 - Hong Kong) Shimao Property Holdings Limited ("Shimao Property" or the "Company", together with its subsidiaries, the "Group"; stock code: 813) is pleased to announce certain unaudited operating statistics of the Group for the first four months of 2013. In April 2013, the Group's contracted sales value amounted to RMB4.60 billion (2012: RMB4.06 billion), representing year-on-year increase of 13%. The Group's contracted sold area amounted to 341,442 sq.m. (2012: 372,069 sq.m.). The average selling price ("ASP") has reached the new record highest in the year to RMB13,485 per sq.m.. The Group's aggregated contracted sales value was RMB18.3 billion and an aggregated contracted sold area amounted to 1,457,057 sq.m. in the first four months, recording year-on-year increase of 61% and 53%, respectively. The ASP for the first four months was RMB12,578 per sq.m.. The Group was mainly selling the existing projects and didn't launch new projects in April. Starting in May, the Group will increase new supplies volume. - END - *All the above figures are unaudited and meant for reference only, and are not intended, nor should be construed, to be an inv estment advice. Investors should exercise caution when interpreting these data. | ||||||||||||||||||||||||||||||||||
About Shimao Property Holdings Limited Shimao Property is a leading developer of high quality real estate projects in China, with a broad-ranging portfolio of residential, commercial and hotel properties in prime locations. Currently, the Company has approximately 79 projects at different stages of development in more than 39 cities namely Shanghai, Beijing, Harbin, Wuhan, Nanjing, Fuzhou, Kunshan, Changshu, Shaoxing, Wuhu, Yantai, Jiaxing, Changzhou, Shenyang, Suzhou, Xuzhou, Hangzhou, Xianyang, Taizhou, Mudanjiang, Dalian, Ningbo, Qingdao, Xiamen, Changsha, Guangzhou, Tianjin, Chengdu, Nanchang, Wuxi, Huizhou, Jinjiang, Hainan Wenchang, Jinan, Nontong etc.. The Group's highly-acclaimed projects have been well received by property buyers and investors both within the PRC and internationally, and have been accredited numerous awards. Shimao Property concluded its 20 years of development in the property market in China and had completed the corporate restructuring of injecting commercial assets to Shanghai Shimao Co. Ltd. ("A Share Company", SSE stock code: 600823) in 2009. The success of entering into the A share market represents an important milestone for the development of the Group. For more information about Shimao Property, please visit the Group's website: www.shimaoproperty.com. | ||||||||||||||||||||||||||||||||||
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Shimao Group Holdings Ltd is an investment holding company mainly engaged in the property development business. The Company operates its business through two segments. The Property Development and Investment segment is engaged in the sales of properties, hotel operation, commercial properties operation and property management businesses. The Shimao Services segment is engaged in the provision of property management services.
Calendar
2024-08-26
- Q2 2023 Earnings Release (Projected)
Trading Rating
Investor Rating
ESG Refinitiv
B- Sell  Mean consensus SELL Number of Analysts 4 Last Close Price
0.31
CNY Average target price
0.3002
CNY Spread / Average Target -3.15% EPS RevisionsAnnual profits - Rate of surprise
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Shimao Property Holdings Limited : Announce Operating Statistics for the first four months of 2013
May 07, 2013 at 09:43 am EDT
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