Chen Xing Development Holdings Limited

Chen Xing Development Holdings Limited

HHKEX:2286
0.25
HKD
+0.01
(+5.49%)
162.03MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.05
2.13
2.15
2.14
2.13
2.24
2.01
2.61
1.99
0.5
2
0.25
- -
Basic EPS, GAAP
0.26
0.64
0.3
0.34
0.25
0.18
0.34
0.13
0.02
-0.25
-0.27
-0.45
- -
Free Cash Flow per Basic Share
1
0.42
1.62
-0.66
1.71
-2.58
-0.7
-0.84
0.04
0.25
0.1
0.23
- -
Dividend per Share
0.18
0.04
0.42
0.26
0.16
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.98
2.06
1.95
2.02
2.14
2.08
2.42
2.53
2.55
2.32
1.78
1.32
1.78
Tangible Book Value per Share
0.97
2.06
1.95
1.19
2.14
2.07
2.42
2.53
2.55
2.32
1.78
1.32
1.78
Basic Weighted Avg Shares
403
454
504
504
500
584
600
600
600
600
600
600
600
Sales/Revenue/Turnover
826
966
1,082
1,077
1,065
1,307
1,208
1,569
1,196
300
1,199
153
- -
Operating Margin (%)
19.77
45.34
21.25
26.43
22.38
14.67
28.58
21.21
14.34
-35.72
4.27
-86.29
- -
Depreciation Expense
4
7
8
9
10
13
12
12
11
7
6
5
- -
Net Income, GAAP
104
290
152
171
125
106
207
79
10
-152
-162
-271
- -
Effective Tax Rate (%)
36.07
34.48
37.82
39.34
42.14
43.54
42.89
60.34
53.98
- -
- -
- -
- -
Profit Margin (%)
12.63
30.02
14.03
15.84
11.73
8.11
17.12
5.02
0.87
-50.55
-13.53
-177.41
- -
Working Capital
108
1,079
634
41
911
2,615
1,578
1,866
3,118
1,058
-567
-1,254
-567
LT Debt
360
293
40
295
634
2,386
707
754
2,187
42
30
42
30
Total Equity
578
1,123
1,062
1,108
1,198
1,375
1,610
1,714
1,763
1,630
1,228
953
1,228
Return on Invested Capital (%)
- -
18.04
8.51
10.98
7.33
3.41
5.16
2.68
1.46
- -
- -
- -
- -
Return on Capital (%)
- -
19.84
10.17
11.43
7.2
3.51
4.2
0.28
-0.99
- -
- -
- -
- -
Return on Common Equity (%)
- -
37.91
15.02
17.04
11.91
9.12
15.33
5.3
0.69
-10.4
-13.19
-29.13
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
2,816
2,453
2,700
LT Borrowings
42
349
30
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
600
600
600
Market Capitalization
185
78
152

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
12,504
8,410
6,910
Cash, Cash Equivalents & STI
204
189
108
Accounts Receivable, Net
2
3
2
Inventories
5,769
5,151
5,731
Total Current Liabilities
11,446
7,218
7,477
Payables & Accruals
- -
- -
- -
ST Debt
2,816
2,453
2,700
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.64%
-9.05%
-22.37%
Free Cash Flow
6.98%
116.66%
132.39%
Net Income, GAAP
-161.06%
-325.68%
67.24%
Sales/Revenue/Turnover
16.86%
28.61%
-87.24%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
300
2024
- -
- -
1,199
2025
- -
- -
153

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.25
2024
- -
- -
-0.27
2025
- -
- -
-0.45

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Wu Kui Bai
Full Time Employees
205
Sector
Finance
Industry
Real estate development
Address
18 Anning Street Jinzhong SX China 100024
IPO Date
Jul 3, 2015
Business
Chen Xing Development Holdings Limited (2286.HK), an investment holding company, engages primarily in the development and sale of residential and commercial properties in Mainland China; its property portfolio encompasses mid-rise and high-rise apartments, SOHO units, multi-story garden apartments, townhouses, retail outlets, hotels, parking spaces, and ancillary facilities; the company also provides real estate brokerage and exhibition services, undertakes property construction activities, and sells construction materials. Founded in 1997 and headquartered at 18 Anning Street, Yuci District, Jinzhong City, Shanxi Province, it holds Grade-A Real Estate Development Qualification in Shanxi Province and operates mainly in Shanxi with expansions to locations including Taiyuan and Mianyang in Sichuan, targeting customers seeking high-quality housing upgrades through projects emphasizing product research, green buildings, smart homes, and core location developments. Recent developments include the acquisition of land use rights in September 2024 for two parcels in Taiyuan's Jiancaoping District at a total cost of approximately RMB544.1 million for mixed residential-commercial use, the disposal of its equity interest in associate Xishuangbanna Yunchen Real Estate Co., Ltd. to a Sunac China Holdings Limited subsidiary for RMB95.35 million, ongoing debt restructuring negotiations amid net current liabilities of RMB566.5 million as of December 2024, and the successful holding of its 2024 annual shareholders' meeting on May 30, 2025, alongside strategic shifts toward high-quality housing and new business areas to enhance risk prevention.