Gemdale Corporation

Equities

600383

CNE000001790

Real Estate Development & Operations

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
3.39 ^CNY	+5.94%		+5.61%	-22.25%

Apr. 09	MSCI Upgrades Gemdale Properties’ ESG Rating	MT
Apr. 05	Gemdale Properties Logs Over 1.8 Billion Yuan in March Contracted Sales	MT

Shenzhen Futian Investment Holdings Co.,Ltd agreed to acquire Shenzhen Gemdale Xinsha Real Estate Development Co., Ltd. from Gemdale Corporation and Shenzhen Futian Construction Real Estate Development Co., Ltd. for CNY 3.3 million.

December 29, 2023

Shenzhen Futian Investment Holdings Co.,Ltd agreed to acquire Shenzhen Gemdale Xinsha Real Estate Development Co., Ltd. from Gemdale Corporation (SHSE:600383) and Shenzhen Futian Construction Real Estate Development (Group) Co., Ltd. for CNY 3.3 million on December 28, 2023. The consideration consists of CNY 3.25 million in cash. As of September 30, 2023, the Shenzhen Gemdale Xinsha Real Estate Development Co., Ltd. total assets were CNY 10.33 billion , and net assets were CNY 20.75 million on September 2023.

Latest news about Gemdale Corporation

MSCI Upgrades Gemdale Properties’ ESG Rating	Apr. 09	MT
Gemdale Properties Logs Over 1.8 Billion Yuan in March Contracted Sales	Apr. 05	MT
Gemdale Secures 6.5 Billion Yuan Loans to Pay Debt	Mar. 20	MT
Gemdale Names Chairman, Vice Chairman	Mar. 19	MT
Gemdale's Profit Falls 85% in 2023 on Lower Revenue	Mar. 15	MT
Gemdale Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Gemdale Properties and Investment’s Profit Down 85% in Fiscal 2023	Mar. 13	MT
Property Sector Woes Drag Down Chinese Stocks; Newtechwood Up 158% at Trading Debut	Mar. 13	MT
China Vanke, Gemdale Sell Assets Amid Debt Woes	Mar. 13	MT
Gemdale's Contracted Sales Slump 65.5% in February	Mar. 11	MT
Gemdale Properties Logs 1.12 Billion Yuan in February Contracted Sales	Mar. 08	MT
Gemdale Properties Expects to Book Lower Profit in 2023; Shares Drop 3%	Feb. 26	MT
Gemdale's Contracted Amount Drops 40.3% in January	Feb. 06	MT
Chinese Shares Extend Losses as Evergrande Heads to Liquidation; Property Stocks Fall	Jan. 30	MT
Gemdale's Contracted Sales Drop 49% in December 2023	Jan. 08	MT
Gemdale Properties and Investment Logs 2.92 Billion Yuan in Contracted Sales in December 2023	Jan. 05	MT
Gemdale to Sell Shenzhen Project For 3.25 Billion Yuan to Ease Debt Burden	Jan. 02	MT
Terminus Technologies Co., Ltd. announced that it has received CNY 2 billion in funding from a group of investors	Dec. 29	CI
Shenzhen Futian Investment Holdings Co.,Ltd agreed to acquire Shenzhen Gemdale Xinsha Real Estate Development Co., Ltd. from Gemdale Corporation and Shenzhen Futian Construction Real Estate Development Co., Ltd. for CNY 3.3 million.	Dec. 29	CI
Gemdale's Contract Amount Drops 43.4% in November	Dec. 11	MT
Gemdale Corporation(SHSE:600383) dropped from Shanghai Stock Exchange 180 Value Index	Dec. 08	CI
Gemdale Corporation(SHSE:600383) dropped from SSE 180 Index	Dec. 08	CI
Gemdale Properties Logs 2.5 Billion Yuan in November Contracted Sales	Dec. 06	MT
Chinese Shares Extend Losses as Industrial Profit Growth Slows; Property Stocks Fall	Nov. 27	MT
Chinese Shares Rebound as Beijing Reportedly Offers Lifeline to Distressed Builders; Property Stocks Jump	Nov. 23	MT

Chart Gemdale Corporation

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Company Profile

Gemdale Corporation specializes in owning and managing residential real estate assets (individual houses, apartments, villas, etc.). The activity is organized around three activities: - real estate development; - real estate rental; - other: including advice and real estate brokerage services.

Sector

Real Estate Development & Operations

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Ratings for Gemdale Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

3.39 CNY

Average target price

3.964 CNY

Spread / Average Target

+16.95%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

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