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Palm Eco-Town Development Co., Ltd. Class A

Palm Eco-Town Development Co., Ltd. Class A

SSZSE:002431
1.17
CNY
+0.01
(+0.86%)
2.18BMarket Cap
2013 Y
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
3.75
4.35
3.33
2.91
3.63
3.18
1.82
3.27
2.74
2.7
2.24
1.71
1.14
- -
Basic EPS, GAAP
0.35
0.37
-0.16
0.09
0.21
0.03
-0.66
0.03
-0.51
-0.44
-0.52
-0.88
-0.67
- -
Free Cash Flow per Basic Share
-0.27
-0.27
-0.52
-0.11
0.11
0.03
-0.28
-0.1
-0.31
0.11
0.01
0.31
- -
- -
Dividend per Share
0.1
0.18
0.17
0.19
0.25
0.22
0.27
0.29
0.25
0.25
0.22
0.16
0.17
0.13
Book Value per Share
2.24
2.55
3.02
3.1
3.7
3.73
3.07
3.07
2.56
2.32
1.81
0.91
0.23
0.09
Tangible Book Value per Share
2.2
2.48
2.44
2.55
3.23
3.63
2.9
3.01
2.5
2.27
1.78
0.83
0.15
0.01
Basic Weighted Avg Shares
1,146
1,151
1,322
1,343
1,449
1,673
1,487
1,475
1,474
1,571
1,807
1,794
1,777
1,784
Sales/Revenue/Turnover
4,297
5,007
4,401
3,906
5,253
5,329
2,709
4,821
4,046
4,245
4,051
3,065
2,018
- -
Operating Margin (%)
12.96
13.63
6.5
7.87
12.4
2.91
-13.72
10.54
-0.16
-1.85
0.17
-6.81
-8.64
- -
Depreciation Expense
28
41
46
45
49
53
57
44
54
71
50
37
34
- -
Net Income, GAAP
399
428
-211
121
304
50
-981
44
-752
-691
-940
-1,579
-1,191
- -
Effective Tax Rate (%)
15.34
16.18
- -
18.41
16.1
43.58
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
9.28
8.55
-4.81
3.09
5.79
0.94
-36.23
0.92
-18.58
-16.28
-23.2
-51.52
-59.01
- -
Working Capital
2,425
2,851
5,056
4,501
1,636
2,957
810
264
-343
-2,122
-2,703
-3,397
-5,381
-5,733
LT Debt
968
1,450
3,056
3,045
1,183
2,112
1,513
545
1,185
632
555
722
20
30
Total Equity
2,688
3,045
4,313
4,544
5,772
5,734
4,739
4,731
4,059
4,417
3,491
1,846
602
343
Return on Invested Capital (%)
9.79
8.68
- -
0.49
3.31
0.51
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
11.36
10.54
- -
3.46
5.15
2.45
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
16.7
15.52
-5.96
2.87
6.23
0.91
-19.4
0.97
-17.97
-17.27
-25.11
-63.85
-114.51
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,038
1,914
1,749
LT Borrowings
- -
- -
- -
LT Finance Leases
20
20
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,802
1,802
1,802
Market Capitalization
4,308
5,155
2,181

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
11,085
10,507
10,431
Cash, Cash Equivalents & STI
903
725
592
Accounts Receivable, Net
1,751
1,263
1,356
Inventories
380
481
484
Total Current Liabilities
16,466
16,028
16,164
Payables & Accruals
- -
- -
- -
ST Debt
2,038
1,914
1,749
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-12.67%
-28.17%
-67.38%
Free Cash Flow
44.95%
380.33%
-100.51%
Net Income, GAAP
-397.67%
-345.65%
-24.59%
Sales/Revenue/Turnover
-2.07%
-14.85%
-34.16%
Total Cash Common Dividend
4.59%
-6.2%
3.37%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
940
641
791
692
3,065
2025
748
877
- -
73
2,018
2026
263
849
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
-0.15
-0.12
-0.55
-0.88
2025
-0.09
-0.06
- -
-0.38
-0.67
2026
-0.07
-0.08
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.04
0.03
0.05
0.16
2025
0.03
0.02
- -
0.1
0.17
2026
0.01
0.01
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Qi Ya Zhang
Full Time Employees
810
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Building B, R&F Yingsheng Plaza Guangzhou GD China 450000
IPO Date
Jun 10, 2010
Website
palm-la.com
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Business
Palm Eco-Town Development Co., Ltd (002431.SZ) engages primarily in the design, planning, construction, and operation of eco-towns across China, with additional involvement in garden and landscape engineering, smart urban and rural construction, and green urban-rural operation services. The company provides comprehensive solutions including landscape architectural design and specialized engineering for projects such as high-standard farmland construction, ecological corridors, parks, and logistics facilities; its offerings encompass top-level planning, municipal public works,水利 water conservancy projects, and agricultural industrialization initiatives targeting government entities, urban developers, and rural revitalization programs. Founded in 1984 and headquartered in Guangzhou, Guangdong Province, with key operations in Zhengzhou and nationwide presence including Henan and Guangdong provinces, the firm changed its name from Palm Landscape Architecture Co., Ltd. in April 2016 to reflect its expanded eco-town focus. Recent developments include securing multiple large-scale contracts in 2025, such as the RMB 4.33 billion Lankao County high-standard farmland project, RMB 263 million Shengda Logistics Port processing workshops, and RMB 550 million Huangchuan County farmland consortium bid; the company also signed 66 new contracts worth RMB 1.661 billion in Q2 2025 and extended its equity buyback plan through November 4, 2025. It holds prestigious qualifications like first-class contractor licenses for building and municipal engineering, national high-tech enterprise status, and honors including China Services Top 500 and National Science and Technology Progress Award.