Market:
Hong Kong
ISIN:
KYG5727E1035
Industry:
Properties
Share data
20/11/2024
Previous Close 0.66
Change (%) 3.13
Volume 4,012,000
Stock Code 95
Number of Shares (mln) 5,097.70
Market Cap (mln) 3,364.48

LVGEM (China) Real Estate Investment Company Limited (LVGEM (China) Real Estate, Stock Code:00095.HK) is a well-known comprehensive real estate developer and commercial property operator in Shenzhen and the pioneer in urban redevelopment. The company has been ranked in top 10 since 2011 in Shenzhen Real Estates Industry in terms of comprehensive strength.

The main projects of the company are located in the core area of Guangdong-Hongkong-Macau Bay Area. Core brands of residential projects include “LVGEM Hongwan Garden” and “LVGEM Mangrove Bay No.1”, and commercial projects include “NEO” and “Zoll”. The stock of LVGEM (China) Real Estate was listed as one of the first eligible stocks under the Shenzhen-Hong Kong Stock Connect, and has become a great charm for Mainland Chinese investors.

Key figures
  2021 2022 2023
Consolidated Income Statement (RMB’000 )
Revenue 4,378,017 2,340,921 6,117,628
Gross profit 2,188,400 1,032,651 1,576,254
(Loss) profit before tax 2,449,786 679,536 -1,844,093
(Loss) profit for the year 1,334,917 -296,525 -2,132,387
Consolidated Statement of Financial Position (RMB’000 )
Total assets 84,942,053 99,704,593 105,512,558
Current liabilities 19,171,711 26,772,694 39,379,480
Non-current liabilities 36,329,553 41,955,387 36,744,054
Total equity 29,440,789 30,976,512 29,389,024
Consolidated Statement of Cash Flows (RMB’000 )
Net cash (used in) from operating activities -2,021,430 -3,532,514 -3,627,721
Net cash (used in) from investing activities 830,178 195,128 -2,358,006
Net cash from financing activities 17,431 1,256,540 4,977,278
Cash and cash equivalents at end of the year 3,645,548 1,569,935 486,345
Per share data (RMB cents)
(Loss) earnings per share - Basic 22.61 -14.32 -41.71
(Loss) earnings per share - Diluted 13.37 -14.32 -41.71