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Greentown China Holdings 3900.HK · HKD

Real Estate · HKEX · 🇭🇰 Hong Kong

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5.33

-0.93%

Close of 9 Nov 2026, in HKD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥180.46bn

FY2016FY2025

Net income

CN¥82.7m

FY2016FY2025

Free cash flow

CN¥939.9m

FY2016FY2025

Shareholders' equity

CN¥40.99bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥180.46bnCN¥184.63bnCN¥153.00bnCN¥148.07bnCN¥116.73bnCN¥76.60bnCN¥71.73bnCN¥70.22bnCN¥48.85bnCN¥33.74bn
Gross profitCN¥21.51bnCN¥23.55bnCN¥19.88bnCN¥25.64bnCN¥21.16bnCN¥18.13bnCN¥17.62bnCN¥15.47bnCN¥8.99bnCN¥6.93bn
Operating incomeCN¥10.91bnCN¥13.66bnCN¥11.64bnCN¥15.91bnCN¥12.18bnCN¥9.74bnCN¥10.18bnCN¥8.73bnCN¥3.75bnCN¥1.98bn
Net incomeCN¥82.7mCN¥1.86bnCN¥3.63bnCN¥3.21bnCN¥5.20bnCN¥4.42bnCN¥2.89bnCN¥456.1mCN¥1.94bnCN¥1.76bn
Diluted earnings per share0.030.731.431.262.081.771.330.210.890.81

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥524.09bnCN¥591.32bnCN¥623.64bnCN¥623.10bnCN¥606.76bnCN¥482.44bnCN¥392.55bnCN¥325.79bnCN¥274.62bnCN¥197.73bn
Cash and short-term investmentsCN¥73.67bnCN¥80.19bnCN¥81.28bnCN¥77.37bnCN¥79.71bnCN¥69.34bnCN¥54.23bnCN¥50.48bnCN¥35.02bnCN¥26.41bn
Total liabilitiesCN¥400.93bnCN¥459.17bnCN¥490.96bnCN¥493.36bnCN¥481.41bnCN¥383.93bnCN¥312.02bnCN¥255.78bnCN¥220.13bnCN¥151.93bn
DebtCN¥155.93bnCN¥137.70bnCN¥146.72bnCN¥140.58bnCN¥127.93bnCN¥119.34bnCN¥95.69bnCN¥81.46bnCN¥57.71bnCN¥47.83bn
Shareholders' equityCN¥40.99bnCN¥42.30bnCN¥42.07bnCN¥43.73bnCN¥52.91bnCN¥61.53bnCN¥56.91bnCN¥50.05bnCN¥40.85bnCN¥35.27bn
Shares outstanding2,540m2,533m2,532m2,547m2,504m2,494m2,171m2,168m2,170m2,167m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥1.33bnCN¥33.57bnCN¥26.75bnCN¥16.99bnCN¥6.83bn−CN¥3.61bn−CN¥9.52bn−CN¥19.28bn−CN¥17.56bnCN¥4.02bn
Capital spending−CN¥393.5m−CN¥415.1m−CN¥418.7m−CN¥458.5m−CN¥587.5m−CN¥602.3m−CN¥655.0m−CN¥1.79bn−CN¥455.0m−CN¥243.4m
Free cash flowCN¥939.9mCN¥33.16bnCN¥26.33bnCN¥16.54bnCN¥6.24bn−CN¥4.22bn−CN¥10.18bn−CN¥21.07bn−CN¥18.02bnCN¥3.77bn
Dividends paid−CN¥887.2m−CN¥1.27bn−CN¥1.47bn−CN¥1.34bn−CN¥1.02bn−CN¥871.3m−CN¥581.5m−CN¥504.9m−CN¥302.3m−CN¥302.3m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022
RevenueCN¥45.60bnCN¥118.31bnCN¥62.15bnCN¥103.62bnCN¥81.01bnCN¥86.65bnCN¥66.35bnCN¥72.69bn
Gross profitCN¥5.30bnCN¥13.17bnCN¥8.34bnCN¥12.95bnCN¥10.60bnCN¥8.33bnCN¥11.55bnCN¥12.56bn
Operating incomeCN¥2.07bnCN¥5.60bnCN¥5.08bnCN¥6.11bnCN¥7.20bnCN¥2.02bnCN¥8.43bnCN¥6.48bn
Net incomeCN¥93.8m−CN¥161.8mCN¥244.4m−CN¥522.3mCN¥2.38bnCN¥666.8mCN¥2.93bnCN¥1.07bn
Diluted earnings per share0.04-0.060.10-0.210.940.261.160.42
Cash from operations—CN¥13.46bn−CN¥13.49bnCN¥14.50bnCN¥19.07bnCN¥6.78bnCN¥19.97bnCN¥26.71bn
Capital spending—−CN¥191.0m−CN¥229.0m−CN¥230.0m−CN¥184.0m−CN¥39.0m−CN¥378.0m−CN¥62.0m
Free cash flow—CN¥13.27bn−CN¥13.72bnCN¥14.27bnCN¥18.89bnCN¥6.75bnCN¥19.59bnCN¥26.64bn
Total assetsCN¥517.95bnCN¥524.09bnCN¥603.35bnCN¥591.32bnCN¥624.49bnCN¥623.64bnCN¥633.18bnCN¥623.10bn
Cash and short-term investmentsCN¥72.03bnCN¥73.67bnCN¥72.74bnCN¥80.19bnCN¥82.88bnCN¥81.28bnCN¥76.10bnCN¥77.37bn
DebtCN¥35.33bnCN¥155.93bnCN¥167.14bnCN¥160.35bnCN¥173.26bnCN¥170.86bnCN¥165.47bnCN¥161.67bn
Shareholders' equityCN¥40.85bnCN¥40.99bnCN¥41.42bnCN¥42.30bnCN¥42.84bnCN¥42.07bnCN¥42.28bnCN¥43.73bn

Financial ratios

Data as of 24 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin11.9%12.8%13.0%17.3%18.1%23.7%
Operating margin6.0%7.4%7.6%10.7%10.4%12.7%
Net margin0.0%1.0%2.4%2.2%4.5%5.8%
Return on equity0.2%4.4%8.6%7.3%9.8%7.2%
Return on assets0.0%0.3%0.6%0.5%0.9%0.9%
Free cash flow yield9.9%194.7%155.7%99.4%42.9%-17.5%
Revenue growth-2.3%20.7%3.3%26.8%52.4%6.8%
Earnings growth-95.6%-48.8%13.1%-38.3%17.7%53.1%
Current ratio5.59x1.53x1.53x1.52x1.47x1.55x
Debt to equity3.79x3.78x4.05x3.69x2.94x2.22x
Equity ratio7.8%7.2%6.7%7.0%8.7%12.8%
Interest coverage4.32x4.55x3.43x5.01x4.55x3.75x
Buybacks as a share of market value-0.3%-0.0%0.6%-1.7%-0.4%-14.9%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.8%18.7%19.5%
Operating income-11.8%2.3%21.9%
Net income-70.5%-54.9%-18.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin12.3%13.6%15.1%16.6%
Operating margin6.7%7.8%8.6%9.0%
Net margin0.5%1.3%2.1%2.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings231.611.85.08.14.95.46.524.59.46.9
Price to sales0.10.10.10.20.20.30.30.20.40.4

Dividends and splits

Per share, in the currency the company pays

Paid for 9 years. Last went ex-dividend on 25 Jun 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.3280.5320.5480.5370.350.300.230.20

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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