China Evergrande Group
EGRNY
Other OTC0.04
USD
- -
- -
Return %
Stock
S&P500
1Y
-99.07
26.84
3Y
-99.91
77.03
5Y
-99.95
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Shawn Siu
- Full Time Employees
- 163,119
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- No.1126 Haide 3rd Road Shenzhen People's Republic of China 518054
- IPO Date
- Aug 1, 2016
- Website
- evergrande.com
- Similar Companies
- Business
- China Evergrande Group China Evergrande Group (EGRNY) operates as an investment holding company principally engaged in real estate development, investment, and management across mainland China; it diversifies into property management services through Evergrande Property Services Group, new energy vehicles via Evergrande New Energy Auto Group encompassing research, manufacturing, sales, power batteries, intelligent connectivity, and models such as the Hengchi series; cultural tourism exemplified by Ocean Flower Island in Hainan with attractions including theme parks, hotels, museums, and entertainment centers; as well as historical ventures in health services, finance, and sports. The group maintains operations in over 280 cities in China with more than 1,300 real estate projects, over 3,000 property management projects covering 509 million square meters under governance and 812 million square meters under contract serving 3.3 million owners, and automotive production bases in Guangzhou, Shanghai, and other locations built to Industry 4.0 standards. Founded in 1996 by Hui Ka Yan in Guangzhou and headquartered in Shenzhen with a prior shift to Guangzhou in 2022 for cost reduction, it targets upper- and middle-income residential buyers alongside commercial and tourism customers primarily in mainland China. In recent major developments, China Evergrande Group entered liquidation following a Hong Kong court order in January 2024 due to failure to present a viable debt restructuring plan amid over $300 billion in liabilities, with trading suspended and delisting from the Hong Kong Stock Exchange effective August 25, 2025, after non-resumption by July 28, 2025. Liquidators, appointed post-liquidation, received non-binding bids in September 2025 from state-owned entities including units of China Overseas Holdings and China Resources Holdings for control of Evergrande Property Services, its most valuable remaining asset, with a binding offer deadline set for end-November 2025; they have sold $255 million in assets modestly, taken control of over 100 group entities valued at $3.5 billion, and face creditor claims exceeding $45 billion while pursuing recoveries from founder-related assets. The Evergrande New Energy Vehicle unit pursues liability transfers for gains, faces asset reclamations such as 440,000 square meters of land, and contends with trading suspensions and subsidy repayments; additionally, the group disclosed revenue overstatements of nearly $30 billion in 2019 and $48.6 billion in 2020, incurring a 4.2 billion yuan fine from Chinese regulators in 2024.