The latest announcement is out from Shimao Property Holdings ( (HK:0813) ).
Shanghai Shimao Jianshe Co., Ltd. reported its audited financial results for the year ended December 31, 2024, showing an operating income of RMB 35,378.5 million and a net loss of RMB 18,294.9 million. The company’s total assets decreased from RMB 313,537.7 million in 2023 to RMB 257,892.1 million in 2024, and total equity attributable to equity holders turned negative at RMB -10,981.7 million. Stakeholders are advised to exercise caution as these results are specific to Shimao Jianshe and do not represent the entire Shimao Group.
More about Shimao Property Holdings
Shimao Group Holdings Limited is a company incorporated in the Cayman Islands with a focus on real estate development. Its indirect wholly-owned subsidiary, Shanghai Shimao Jianshe Co., Ltd., operates in the People’s Republic of China and has eight series of bonds listed on the Shanghai Stock Exchange.
YTD Price Performance: -15.38%
Average Trading Volume: 5,376
Technical Sentiment Signal: Buy
Current Market Cap: $405.6M
See more data about 0813 stock on TipRanks’ Stock Analysis page.