Rongan Property Co.,Ltd., together with its subsidiaries, engages in real estate development and sales in China. The company develops residential and commercial properties, business stores, and office buildings. It also manages residences, stores, and business buildings. In addition, the company engages in real estate operations; asset and investment management; industrial and industrial project investment; food sales; real estate sales agency; housing rental; property management; engineering contracting; trading; enterprise management and socioeconomic consulting; construction projects; and real estate brokerage activities. Rongan Property Co.,Ltd. was founded in 1965 and is headquartered in Ningbo, China.
Research context
Rongan Property Co.,Ltd appears in PyInvesting’s Shenzhen Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CNY
- Sector
- Real Estate
- Industry
- Real Estate - Development
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Rongan Property Co.,Ltd is currently in a long term downtrend where the price is trading 8.0% below its 200 day moving average.
From a valuation standpoint, the stock is 89.3% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 0.8.
Rongan Property Co.,Ltd's total revenue rose by 72.0% to $7B since the same quarter in the previous year.
Its net income has dropped by 18.1% to $1B since the same quarter in the previous year.
Finally, its free cash flow fell by 787.5% to $-8B since the same quarter in the previous year.
Based on the above factors, Rongan Property Co.,Ltd gets an overall score of 2/5.