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CASIN Real Estate Development Group Co., Ltd. Class A

CASIN Real Estate Development Group Co., Ltd. Class A

SSZSE:000838
1.77
CNY
+0.08
(+4.73%)
-0.66EPS
1.73BMarket Cap
CASIN Real Estate Development Group Co., Ltd. Class A
SZSE:000838
(Shenzhen Stock Exchange)

Recent

price

1.77

P/E

ratio

- -

div

yld

0.78%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
- -
- -
0.44
0.7
0.94
1.63
1.56
1.64
2.77
3.08
5.5
4.59
3.81
3.65
0.75
0.26
0.18
Revenue per Share
-0.04
-0.04
0.05
0.09
0.12
0.2
0.1
0.18
0.1
0.1
0.11
-0.67
-0.21
-0.23
-0.24
-0.57
-0.6
Basic EPS, GAAP
-0.02
-0.42
-0.04
0.22
-0.15
-0.14
-0.1
-1.29
1.11
1.65
2.82
2.63
-0.19
-0.1
-0.06
0.06
- -
Free Cash Flow per Basic Share
- -
0.01
0.11
0.08
0.24
0.45
0.12
0.18
0.28
0.38
0.59
0.27
0.1
0.07
0.04
0.01
0.01
Dividend per Share
0.52
0.48
0.52
0.6
0.69
1.4
1.51
1.62
1.71
1.81
1.79
1.1
0.88
0.62
0.38
-0.18
-0.23
Book Value per Share
0.52
0.48
0.52
0.6
0.69
1.27
1.38
1.54
1.69
1.81
1.71
1
0.79
0.53
0.38
-0.19
-0.23
Tangible Book Value per Share
634
633
634
633
633
411
1,100
1,101
1,101
1,101
1,100
1,100
1,101
1,100
1,101
1,100
1,100
Basic Weighted Avg Shares
1
1
279
444
596
668
1,716
1,803
3,048
3,394
6,052
5,055
4,196
4,019
828
283
198
Sales/Revenue/Turnover
-1,077.62
-4,450.29
15.77
18.79
17.21
7.27
10.59
13.81
12.19
4.4
9.76
3.7
9.11
6.61
-12.07
-79.83
-124.87
Operating Margin (%)
- -
1
1
1
1
7
15
13
13
13
14
16
16
15
13
10
- -
Depreciation Expense
-24
-28
31
60
75
84
111
196
114
109
116
-740
-230
-250
-260
-630
-663
Net Income, GAAP
- -
- -
28.63
28.13
27.79
- -
29.57
- -
67.97
25.03
27.54
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-2,171.99
-3,640.21
11.2
13.46
12.51
12.56
6.45
10.86
3.73
3.2
1.92
-14.63
-5.47
-6.22
-31.4
-222.38
-334.05
Profit Margin (%)
327
587
824
648
1,327
2,276
2,871
2,905
3,518
5,049
4,977
2,540
1,586
409
288
-398
-470
Working Capital
- -
296
509
297
897
954
1,591
1,492
2,118
2,431
2,314
1,048
558
95
283
114
95
LT Debt
329
301
333
383
468
1,584
1,696
1,880
1,978
2,845
2,912
1,926
1,411
885
549
-235
-300
Total Equity
- -
- -
4.3
6.43
6.11
- -
3.08
- -
0.9
1.25
3.18
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
4.32
6.52
6.74
- -
3.8
- -
3.55
2.32
0.09
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-7.09
-8.75
9.86
16.69
18.12
8.49
6.93
11.38
6.2
5.59
5.85
-46.62
-21.14
-30.36
-47.25
- -
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
208
323
233
LT Borrowings
114
- -
95
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,100
1,100
1,100
Market Capitalization
3,400
2,355
1,728

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,623
1,592
1,561
Cash, Cash Equivalents & STI
97
80
61
Accounts Receivable, Net
16
17
20
Inventories
1,194
1,188
1,178
Total Current Liabilities
2,021
2,123
2,031
Payables & Accruals
- -
- -
- -
ST Debt
208
323
233
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-20.93%
-55.73%
-142.81%
Free Cash Flow
85.4%
-80.94%
-201.37%
Net Income, GAAP
-58.25%
-130.35%
142.2%
Sales/Revenue/Turnover
13.78%
-36.57%
-65.8%
Total Cash Common Dividend
-9.61%
-52.97%
-67.47%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
384
261
103
80
828
2025
115
65
- -
70
283
2026
37
27
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.02
-0.01
-0.23
-0.24
2025
- -
- -
- -
-0.56
-0.57
2026
-0.01
-0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
- -
0.04
2025
- -
- -
- -
0.01
0.01
2026
- -
- -
- -
- -
- -
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Business
CASIN Real Estate Development Group Co., Ltd. (000838.SZ) engages primarily in real estate development and commodity housing distribution in China. The company develops and sells self-developed residential and commercial properties, including ongoing projects such as Guoxing Haitang International, CASIN City, and CASIN Center; it also operates pollution control facilities for the treatment of industrial hazardous waste and provides integrated hazardous waste treatment solutions for industrial enterprises. Founded in 1989 and headquartered in Chongqing, the company conducts its core operations in Chongqing and surrounding regions, with a strategic focus on second- and third-tier cities in areas including Sichuan Province. In recent developments, the company, formerly known as CASIN Guoxing Property Development Co., Ltd., reported significant financial challenges in 2024, including a 79% revenue decline to 0.828 billion yuan and a net loss of 0.26 billion yuan, attributed to low gross margins, project impairments, and the disposal of subsidiary equity in October 2024; additionally, in October 2025, the restructuring administrator selected Jiangxi Zhongjiu Natural Gas Group Co., Ltd. as the investor for Caixin Real Estate and related entities, marking a key step in its ongoing corporate reorganization.