STOCK TITAN

COUNTRY GARDEN HL UNS/ADR - CTRYY STOCK NEWS

Welcome to our dedicated page for COUNTRY GARDEN HL UNS/ADR news (Ticker: CTRYY), a resource for investors and traders seeking the latest updates and insights on COUNTRY GARDEN HL UNS/ADR stock.

Country Garden HL Uns/ADR (symbol: CTRYY) is a leading real estate developer specializing in residential and commercial properties. The company has a strong presence in the Malaysian market, with notable projects like Forest City in Johor. Country Garden has garnered attention for its commitment to sustainable development and strategic partnerships, positioning itself as a key player in the region's real estate sector.

Rhea-AI Summary

The Forest City project in Johor, Malaysia has attracted attention with the ASEAN Tourism Forum scheduled for 2025. Key government officials emphasize the project's strategic importance, fostering investment and job creation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Country Garden, a leading Chinese property developer, reported its interim results for 2022 on August 30, showing strong performance amid market challenges. The company achieved contracted sales of approximately 185.1 billion yuan (about US$25.9 billion) and a collection rate of 92%, maintaining over 90% for 7 years. Operating revenue reached 162.36 billion yuan, with gross profit at 17.21 billion yuan. The company also improved its debt structure, reducing total loans by 7.6% to 293.68 billion yuan. With available cash of 147.98 billion yuan, Country Garden remains committed to timely project delivery.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.48%
Tags
none
-
Rhea-AI Summary

Country Garden Holdings has climbed to the 138th position on the 2022 Fortune Global 500 list, marking its sixth consecutive year on the prestigious ranking. The company reported revenues of US$81.91 billion and profits of US$4.154 billion, an impressive rise of 329 places since 2017. Despite challenging market conditions, including a 50.3% decline in overall sales among top developers, Country Garden achieved 185.1 billion yuan in equity sales in H1 2022, with a 95% payback rate.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-37.91%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.23%
Tags
none
-
Rhea-AI Summary

Country Garden Holdings announced its financial results for 2021, posting contracted sales of approximately 558 billion yuan (US$87.7 billion) and revenue of 523.06 billion yuan (US$82.2 billion), reflecting a 13% growth. The company's core net profit attributable to shareholders was 26.93 billion yuan (US$4.2 billion). With a cash collection ratio of 90% for six consecutive years and total available cash of 181.3 billion yuan (US$28.5 billion), Country Garden continues to exhibit strong operational resilience despite industry challenges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Country Garden Holdings, a leading Chinese real estate developer, has climbed to 139th place on the 2021 FORTUNE Global 500 list, reflecting strong growth in China's economy. The company reported US$67.08 billion in revenue and US$5.075 billion in profit for 2020, marking a significant rise in ranking from 467th in 2017. With a compound growth rate of 25% in contracted sales over five years, the company maintains one of the lowest leverage ratios in the industry. CEO Mo Bin emphasized a focus on high-quality, stable development amid tightening regulations in China's real estate sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Country Garden's founder, Yang Guoqiang, and his family ranked as China's fourth most generous charitable donors in 2021, contributing 2.38 billion yuan (approx. US$357 million). They have donated over 9 billion yuan (approx. US$1.3 billion) over 20+ years, impacting over 490,000 underprivileged individuals. Key initiatives include the Zhongming Grant Program and the establishment of vocational schools. Yang's commitment to poverty alleviation has earned him multiple national awards, reflecting a focus on education and rural revitalization.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Yang Guoqiang, founder of Country Garden, has been recognized as the fourth most generous contributor in the 2021 Forbes China Philanthropy List, donating approximately 2.38 billion yuan (US$357 million). Over 24 years, the Yang family has contributed more than 9 billion yuan (US$1.3 billion) for poverty alleviation and education, helping over 490,000 individuals. Notably, Yang has established programs supporting over 100,000 students and invested 1.1 billion yuan (US$165 million) in vocational schools. His commitment to poverty alleviation earned him the title of "National Advanced Individual in Poverty Alleviation" in 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

On July 23, 2021, Country Garden's Yang Guoqiang family ranked fourth for charitable donations in China, contributing 2.38 billion yuan (approx. US$357 million) in 2021, as per Forbes China. Over 24 years, they have donated more than 9 billion yuan (approx. US$1.3 billion) to poverty alleviation and education initiatives. Key projects include the Zhongming Grant Program and the Guohua Memorial Middle School, providing education for disadvantaged students. Moving forward, the family aims to enhance rural revitalization and corporate engagement in poverty reduction.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of COUNTRY GARDEN HL UNS/ADR (CTRYY)?

The current stock price of COUNTRY GARDEN HL UNS/ADR (CTRYY) is $3.71 as of October 15, 2024.

What is the market cap of COUNTRY GARDEN HL UNS/ADR (CTRYY)?

The market cap of COUNTRY GARDEN HL UNS/ADR (CTRYY) is approximately 4.2B.

What is Country Garden HL Uns/ADR?

Country Garden HL Uns/ADR is a prominent real estate developer known for its residential and commercial properties.

Where is Country Garden HL Uns/ADR based?

Country Garden HL Uns/ADR is based in Malaysia, with key projects like Forest City in Johor.

What makes Country Garden HL Uns/ADR unique?

Country Garden HL Uns/ADR stands out for its focus on sustainable development, strategic partnerships, and commitment to quality.

What projects is Country Garden HL Uns/ADR involved in?

Country Garden HL Uns/ADR is involved in various projects, with Forest City in Johor being a notable one.

How does Country Garden HL Uns/ADR contribute to the real estate sector?

Country Garden HL Uns/ADR contributes to the real estate sector by creating innovative and sustainable developments.

Who are some key figures associated with Country Garden HL Uns/ADR?

Key figures associated with Country Garden HL Uns/ADR include Malaysia's Prime Minister Anwar Ibrahim and Johor's Chief Minister Onn Hafiz.

What recent achievements has Country Garden HL Uns/ADR celebrated?

Country Garden HL Uns/ADR recently celebrated its involvement in hosting the ASEAN Tourism Forum in 2025 at Forest City.

How does Country Garden HL Uns/ADR support the local community?

Country Garden HL Uns/ADR supports the local community by creating job opportunities and fostering economic development in Johor.

What is the vision of Country Garden HL Uns/ADR for the future?

Country Garden HL Uns/ADR envisions continued growth and success in the real estate industry, with a focus on sustainability and innovation.

How does Country Garden HL Uns/ADR approach business partnerships?

Country Garden HL Uns/ADR values strategic partnerships to enhance its projects and contribute to the growth of the local economy.

COUNTRY GARDEN HL UNS/ADR

OTC:CTRYY

CTRYY Rankings

CTRYY Stock Data

4.21B
7.25B
Real Estate - Development
Real Estate
Link
United States of America
Foshan