Reported Earnings • Apr 01
Full year 2025 earnings released: EPS: CN¥0.012 (vs CN¥0.017 in FY 2024) Full year 2025 results: EPS: CN¥0.012 (down from CN¥0.017 in FY 2024). Revenue: CN¥205.4m (down 19% from FY 2024). Net income: CN¥47.6m (down 27% from FY 2024). Profit margin: 23% (down from 26% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
Central China Management Company Limited, Annual General Meeting, Jun 10, 2026 Central China Management Company Limited, Annual General Meeting, Jun 10, 2026. Announcement • Mar 17
Central China Management Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Central China Management Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 Recent Insider Transactions • Jan 29
Chairman recently sold HK$40m worth of stock On the 23rd of January, Po Sum Wu sold around 387m shares on-market at roughly HK$0.10 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Po Sum has been a net seller over the last 12 months, reducing personal holdings by HK$52m. Recent Insider Transactions • Jan 19
Chairman recently sold HK$3.0m worth of stock On the 14th of January, Po Sum Wu sold around 28m shares on-market at roughly HK$0.10 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Po Sum has been a net seller over the last 12 months, reducing personal holdings by HK$11m. Recent Insider Transactions • Jan 15
Chairman recently sold HK$1.4m worth of stock On the 9th of January, Po Sum Wu sold around 9m shares on-market at roughly HK$0.16 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Po Sum has been a net seller over the last 12 months, reducing personal holdings by HK$4.8m. Announcement • Jan 14
Central China Management Company Limited Appoints Mr. Tam Kok Ching as Company Secretary and Authorised Representative, Effective January 13, 2026 Central China Management Company Limited announced that Mr. Tam Kok Ching has been appointed as the company secretary of the Company and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, all with effect from January 13, 2026. Mr. Tam, aged 37, has more than 12 years of experience in corporate finance and auditing. Mr. Tam obtained a bachelor’s degree of business administration in accounting and finance from The University of Hong Kong in 2010. He is a member of the Hong Kong Institute of Certified Public Accountants. He is also the company secretary of Central China New Life Limited (a company incorporated in the Cayman Islands with limited liability, the shares of which are listed on the Stock Exchange). The board consists of Mr. Wu Po Sum as the chairman and non-executive director, Mr. Wang Jun and Ms. Liu Lin as executive directors, and Mr. Xu Ying and Mr. Liu Dianchen as independent non-executive directors. Following the appointment of Mr. Tam as the Company Secretary and an Authorised Representative, the Company has two Authorised Representatives and is therefore in compliance with the requirements under Rule 3.05 of the Listing Rules; and the Company has a Company Secretary and is therefore in compliance with the requirements under Rule 3.28 of the Listing Rules. Board Change • Jan 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Dianchen Liu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 12
Central China Management Company Limited to Report First Half, 2025 Results on Aug 25, 2025 Central China Management Company Limited announced that they will report first half, 2025 results on Aug 25, 2025 Announcement • Mar 25
Central China Management Company Limited, Annual General Meeting, May 21, 2025 Central China Management Company Limited, Annual General Meeting, May 21, 2025. Announcement • Mar 07
Central China Management Company Limited to Report Fiscal Year 2024 Results on Mar 24, 2025 Central China Management Company Limited announced that they will report fiscal year 2024 results on Mar 24, 2025 Announcement • Oct 10
Central China Management Company Limited Announces Board Changes Central China Management Company Limited announces that Mr. ZHU Baoguo (``Mr. ZHU'') has tendered his resignation as an independent non-executive Director with effect from 10 October 2024 as he is no longer able to dedicate sufficient time to fulfil the responsibilities of an independent non-executive Director due to adjustments in his personal career plans. Upon the resignation of Mr. ZHU as an independent non-executive Director taking effect, he will also cease to be a member of the audit committee of the Company, the chairman of the remuneration committee of the Company and a member of the nomination committee of the Company. Mr. ZHU has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. Following the resignation of Mr. ZHU: (i) the Company has two independent non-executive Directors only, as a result, the Company is not in compliance with the requirement of Rule 3.10(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ``Listing Rules'') that the Board must include at least three independent non-executive Directors; (ii) the Company has two members of Audit Committee only, as a result, the Company is not in compliance with the requirement of Rule 3.21 of the Listing Rules that the Audit Committee must comprise a minimum of three members; (iii) the Remuneration Committee comprises a non-executive Director and an independent non-executive Director as members, and Mr. ZHU has ceased to act as the chairman of the Remuneration Committee, as a result, the Company is not in compliance with the requirements of Rule 3.25 of the Listing Rules that (a) the Remuneration Committee must be chaired by an independent non-executive Director; and (b) the Remuneration Committee must comprise a majority of independent non-executive Directors; and (iv) the Nomination Committee comprises a non-executive Director and an independent non-executive Director as members, as a result, the Company is not in compliance with the requirement of Rule 3.27A of the Listing Rules that the Nomination Committee must comprise a majority of independent non-executive Directors. Announcement • Jun 24
Central China Management Company Limited(SEHK:9982) dropped from S&P Global BMI Index Central China Management Company Limited(SEHK:9982) dropped from S&P Global BMI Index Announcement • Jun 06
Central China Management Company Limited, Annual General Meeting, Jun 28, 2024 Central China Management Company Limited, Annual General Meeting, Jun 28, 2024, at 15:00 China Standard Time. Location: units 1602-1605, 16/f, tower 2, the gateway, harbour city, 25 canton road, tsim sha tsui, kowloon Hong Kong Announcement • May 31
Central China Management Company Limited Announces Changes in Director The board of Central China Management Company Limited announced that the term of office of appointment of Mr. Siu Chi Hung (``Mr. Siu'') as an independent non-executive Director will expire on 30 May 2024. Mr. Siuwill also retire from his position as the chairman of the audit committee. Mr. Siu has confirmed that he does not seek reappointment after the end of his term. In recognition of Mr. Siu's invaluable contribution to the Company during his tenure of service, the Board has requested and Mr. Siu has agreed to serve in the capacity as an Honorary Advisor to the Company with effect from 31 May 2024. The Board announce that subsequent to the expiration of term of office of appointment of Mr. Siu, Mr. Liu Dianchen (``Mr. Liu'') has been appointed as the independent non-executive Director with effect from 31 May 2024. Mr. Liu will also be appointed as the chairman of the audit committee with effect from 31 May 2024. The biographical details of Mr. Liu are set out below: Mr. Liu, aged 60, possesses close to 40 years of experience in audit, accounting, taxation, financial advisory, financial management and investment in various organisations. Mr. Liu was graduated from Zhengzhou Coal Technical School majoring in accounting in 1983. Mr. Liu graduated from Tianjin University in 2000 with a postgraduate degree in management science and engineering. Since November 2015, Mr. Liu has been a certified public accountant in the PRC. Since June 2010, he has been a certified tax accountant in the PRC and since March 2011, he has been recognized as a full senior accountant. From July 1983 to April 2006, Mr. Liu successively served as a Deputy Section Chief, Section Chief and Division Director of the Financial Assets Department of Zhengzhou Coal Industry (Group) Co. Ltd. From April 2006 to September 2016, Mr. Liu was the Deputy General Manager of Zhengzhou Coal and Power Co. Ltd. From September 2016 to October 2017, Mr. Liu was the director of the investment and financing department of Henan Construction Group. From October 2017 to December 2021, he successively served as the executive director and general manager of Henan Investment Group Company Limited. Since May 2020, he has served as an independent director of Zhengzhou Sino-crystal Diamond Co. Ltd. Since May 2021, he has served as an independent director of Shangqiu Dingfeng Mu Ye Co. Ltd. Since August 2021, he has served as an independent director of Anyang Ruiheng CNC Machine Tool Co. Ltd. Since December 2022, he has served as an independent director of Zhuoli Imaging Technology Co. Ltd. Since December 2023, he has served as an independent director of Henan Xinlianxin Shenleng Energy Co. Ltd. From December 2021 to March 2024, he served as the general manager of Zhengzhou Hongfeng Accounting Consulting Services Co. Ltd. Since March 2024, he has served as the Deputy Managing Partner of the Henan branch of Crowe China Certified Public Accountants.). Recent Insider Transactions • Apr 05
Chairman recently sold HK$28m worth of stock On the 28th of March, Po Sum Wu sold around 271m shares on-market at roughly HK$0.10 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Po Sum has been a net seller over the last 12 months, reducing personal holdings by HK$43m. New Risk • Mar 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (HK$402.0m market cap, or US$51.4m). Announcement • Mar 16
Central China Management Company Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Central China Management Company Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Jan 17
Central China Management Company Limited Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on 22 February 2024 Central China Management Company Limited declared interim dividend of HKD 0.0374 per share for the six months ended 30 June 2023. The dividend is payable on 22 February 2024 with record date of 18 December 2023 and ex-dividend date of 12 December 2023. Announcement • Dec 11
Central China Management Company Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 29 December 2023 Central China Management Company Limited announced an interim dividend of HKD 0.0374 per share for the six months ended 30 June 2023. Ex-dividend date is 12 December 2023. Record date is 18 December 2023. Payment date is 29 December 2023. Upcoming Dividend • Dec 05
Upcoming dividend of HK$0.037 per share at 20% yield Eligible shareholders must have bought the stock before 12 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 69% and the cash payout ratio is 77%. Trailing yield: 20%. Within top quartile of Hong Kong dividend payers (8.5%). Higher than average of industry peers (6.0%). Reported Earnings • Sep 30
First half 2023 earnings released: EPS: CN¥0.056 (vs CN¥0.062 in 1H 2022) First half 2023 results: EPS: CN¥0.056 (down from CN¥0.062 in 1H 2022). Revenue: CN¥382.4m (up 1.1% from 1H 2022). Net income: CN¥191.8m (down 6.2% from 1H 2022). Profit margin: 50% (down from 54% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Real Estate industry in Hong Kong. Reported Earnings • Aug 26
First half 2023 earnings released: EPS: CN¥0.056 (vs CN¥0.062 in 1H 2022) First half 2023 results: EPS: CN¥0.056 (down from CN¥0.062 in 1H 2022). Revenue: CN¥382.4m (up 1.1% from 1H 2022). Net income: CN¥191.8m (down 6.1% from 1H 2022). Profit margin: 50% (down from 54% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in Hong Kong. Announcement • Aug 25
Central China Management Company Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 29 December 2023 Central China Management Company Limited announced an interim dividend of HKD 0.0374 per share for the six months ended 30 June 2023. Ex-dividend date is 12 December 2023. Record date is 18 December 2023. Payment date is 29 December 2023. Announcement • Aug 12
Central China Management Company Limited to Report First Half, 2023 Results on Aug 24, 2023 Central China Management Company Limited announced that they will report first half, 2023 results on Aug 24, 2023 Upcoming Dividend • Jul 10
Upcoming dividend of HK$0.027 per share at 21% yield Eligible shareholders must have bought the stock before 17 July 2023. Payment date: 31 July 2023. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 21%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (5.5%). Announcement • Jun 01
Central China Management Company Limited Declares Final Dividend for the Year Ended 31 December 2022 Central China Management Company Limited announced that at its Annual General Meeting held on 31 May 2023, approved to declare and pay a final dividend of HKD 2.7 cents per share of the Company for the year ended 31 December 2022. Major Estimate Revision • Mar 27
Consensus revenue estimates decrease by 21% The consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast fell from CN¥1.04b to CN¥821.5m. EPS estimate unchanged from CN¥0.18 per share at last update. Real Estate industry in Hong Kong expected to see average net income growth of 13% next year. Consensus price target down from HK$2.28 to HK$1.22. Share price fell 8.5% to HK$0.54 over the past week. Reported Earnings • Mar 22
Full year 2022 earnings released: EPS: CN¥0.092 (vs CN¥0.24 in FY 2021) Full year 2022 results: EPS: CN¥0.092 (down from CN¥0.24 in FY 2021). Revenue: CN¥641.2m (down 51% from FY 2021). Net income: CN¥303.5m (down 61% from FY 2021). Profit margin: 47% (down from 59% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Real Estate industry in Hong Kong. Announcement • Jan 11
Central China Management Company Limited Announces Chief Executive Changes Central China Management Company Limited announced Mr. Wang Jun has been appointed as chief executive officer of the Company in place of Mr. Ma Xiaoteng who has also resigned from such position. The Board announced that Mr. Wang has been appointed as chief executive officer of the Company, in place of Mr. Ma, who has resigned from such position, both with effect from 9 January 2023. Mr. Wang, aged 36, was appointed as the vice president of the Group on 6 November 2020 and is primarily responsible for overall operation and management of the Group in its project management business outside of Henan Province. Mr. Wang joined Central China Real Estate Limited (together with its subsidiaries, the CCRE Group' in September 2010 and had held various positions in the CCRE Group. Between September 2010 and December 2015, he served successively as a marketing planning specialist, deputy manager and manager in the sales and marketing department of Zhoukou City division, and was mainly responsible for the marketing in such region. Between December 2015 and March 2019, he served successively as a manager in the marketing management department of Zhoukou regional head office as well as assistant general manager of Luyi Project, assistant general manager of Zhoukou regional head office, and general manager of Zhoukou division, and was responsible for the management of real estate projects and asset-light projects in such region. Since March 2019, he has been the vice president of Henan Zhongyuan Central China City Development Co. Ltd., the Company's wholly-owned subsidiary, and is mainly responsible for the management of its asset-light business outside of Henan Province. Mr. Wang obtained his bachelor's degree in graphic design from Jiujiang University in the PRC in July 2010. Announcement • Jan 10
Central China Management Company Limited Announces Executive Changes Central China Management Company Limited announced that, with effect from 9 January 2023: Mr. Chen Aiguo, and Mr. Duan Juwe have been appointed as executive Directors of the Company, while Mr. Ma Xiaoteng has resigned as an executive Director of the Company. Mr. Chen, aged 43, has been appointed as an executive Director of the Company on 9 January 2023. Mr. Chen had over 15 years of experience in real estate enterprises management. Before joining the Group, Mr. Chen served as the general manager of Anyang Zengtai Materials Co. Ltd. from March 2005 to December 2007. From January 2008 to November 2010, Mr. Chen served as the chairman of the board of directors of Anyang Duolun Mining Co. Ltd. Mr. Chen has been working as the chairman of the board of directors of Henan Duolun Real Estate Development Co. Ltd. since December 2010, and a director of Anyang Jianye City Development Co. Ltd. since April 2013. Mr. Chen graduated from the School of Economics and Management of Henan University in June 1999, majoring in economic management. Mr. Duan, aged 39, has been appointed as an executive Director of the Company on 9 January 2023. Mr. Duan had over 12 years of experience in real estate enterprises management. Before joining the Group, Mr. Duan served as the chairman of Dancheng Yinghe Real Estate Co. Ltd. since May 2010. In 2014, Mr. Duan founded Henan Jujia Weiye Industrial Development Co. Ltd.in which he served as the general manager since September 2014. In 2015, he founded the four-star Dancheng Vienna International Hotel, in which he served as the chairman since July 2015. Since July 2016, Mr. Duan served as the general manager of Fugou Jianyecheng Real Estate Co. Ltd. Mr. Duan served as the general manager of Huaiyang Junyang Real Estate Co. Ltd. since December 2018. In 2019, Mr. Duan founded Henan Jinhong Construction Co. Ltd., where he served as the chairman since July 2019. Since July 2019, Mr. Duan served as the general manager of Henan Hanrun Real Estate Co. Ltd. Since September 2019, Mr. Duan served as the general manager of Xinxiang Shengtang Real Estate Co. Ltd. Since December 2019, Mr. Duan served as the general manager of Qixian Guiyuan Real Estate Co. Ltd. Since September 2020, Mr. Duan served as the chairman of Jude Holding Group (Henan) Co. Ltd. Mr. Duan founded Fugou Yingbinfu Real Estate Co. Ltd.in 2021 and served as its general manager since February 2021. Mr. Duan graduated from the Correspondence Institute of the Party School of the Central Committee of CPC in the PRC in December 2008, majoring in economic management. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Chairman Po Sum Wu is the most experienced director on the board, commencing their role in 2020. Independent non-Executive Director Baoguo Zhu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Oct 13
Upcoming dividend of HK$0.058 per share Eligible shareholders must have bought the stock before 20 October 2022. Payment date: 04 November 2022. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 23%. Within top quartile of Hong Kong dividend payers (9.2%). Higher than average of industry peers (6.3%). Major Estimate Revision • Sep 06
Consensus revenue estimates fall by 17% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥1.25b to CN¥1.04b. EPS estimate fell from CN¥0.23 to CN¥0.18 per share. Net income forecast to shrink 6.1% next year vs 33% growth forecast for Real Estate industry in Hong Kong . Consensus price target down from HK$2.61 to HK$2.28. Share price rose 11% to HK$0.80 over the past week. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: CN¥0.062 (vs CN¥0.12 in 1H 2021) First half 2022 results: EPS: CN¥0.062 (down from CN¥0.12 in 1H 2021). Revenue: CN¥401.2m (down 37% from 1H 2021). Net income: CN¥204.4m (down 44% from 1H 2021). Profit margin: 51% (down from 57% in 1H 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 1.8% compared to a 12% growth forecast for the Real Estate industry in Hong Kong. Announcement • Aug 31
Central China Management Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on November 4, 2022 Central China Management Company Limited announced Interim Dividend of HKD 0.0581 per share for the Six Months Ended 30 June 2022. Ex-dividend date is 20 October 2022. Record date is 26 October 2022. Payment date is November 4, 2022. Major Estimate Revision • Aug 16
Consensus revenue estimates fall by 15% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥1.46b to CN¥1.25b. EPS estimate fell from CN¥0.27 to CN¥0.23 per share. Net income forecast to shrink 3.8% next year vs 13% growth forecast for Real Estate industry in Hong Kong . Consensus price target of HK$3.06 unchanged from last update. Share price fell 5.1% to HK$0.75 over the past week. Announcement • May 12
Central China Management Company Limited Approves Final Dividend for the Year Ended 31 December 2021 Central China Management Company Limited approves final dividend of HK 9.90 cents for the year ended 31 December 2021 at its Annual General Meeting held on 10 May 2022. Upcoming Dividend • May 10
Upcoming dividend of HK$0.099 per share Eligible shareholders must have bought the stock before 17 May 2022. Payment date: 20 June 2022. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 15%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (5.8%). Reported Earnings • Apr 28
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: CN¥0.24 (up from CN¥0.23 in FY 2020). Revenue: CN¥1.30b (up 13% from FY 2020). Net income: CN¥770.2m (up 13% from FY 2020). Profit margin: 59% (in line with FY 2020). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the industry in Hong Kong. Announcement • Apr 27
Central China Management Company Limited Resolves to Recommend A Final Dividend Year Ended 31 December 2021, Payable on or Before 20 June 2022 The Board of Central China Management Company Limited resolved to recommend a final dividend of HKD 9.90 cents per ordinary share for the Year (for the year ended 31 December 2020: Nil), which will be paid out of the Company's share premium account. HK8.60 cents per ordinary share (for the six months ended 30 June 2020: Nil) was distributed as interim dividend for the six months ended 30 June 2021. The final dividend shall be subject to the approval of the 2022 AGM and such dividend is expected to be paid on or before 20 June 2022 to the shareholders of the Company whose names appear on the register of members of the Company on 23 May 2022. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 53% share price gain to HK$1.22, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: CN¥1.34b (up 16% from FY 2020). Net income: CN¥770.2m (up 13% from FY 2020). Profit margin: 58% (down from 59% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 25%, compared to a 16% growth forecast for the industry in Hong Kong. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 21% share price decline to HK$1.05, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Announcement • Feb 15
Central China Management Company Limited Announces Appointment of Ma Xiaoteng as Chief Executive Officer Central China Management Company Limited announced that the board of directors of the Company, together with its subsidiaries, announced that Mr. Ma Xiaoteng will be appointed as the chief executive officer of the Company with effect from 14 February 2022. Mr. Ma, aged 45, currently serves as an executive Director of the Company. Mr. Ma joined Central China Real Estate Limited, together with its subsidiaries, the in March 2001 and had held various positions in the CCRE Group. Between January 2017 and January 2019, Mr. Ma served as assistant president of CCRE, general manager of Zhoukou region head office, general manager of the Fugou Project and general manager of Zhoukou Jianye Green Base Development Co. Ltd., and was mainly responsible for the management of its business. Since February 2019, he has been the president of Henan Zhongyuan Central China City Development Co.,Ltd and oversees the Group's business. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 17% share price gain to HK$1.58, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improved over the past week After last week's 16% share price gain to HK$1.40, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to HK$1.25, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Reported Earnings • Aug 18
First half 2021 earnings released: EPS CN¥0.12 The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: CN¥634.8m (up 32% from 1H 2020). Net income: CN¥362.4m (up 20% from 1H 2020). Profit margin: 57% (down from 63% in 1H 2020). The decrease in margin was driven by higher expenses. Announcement • May 29
Central China Management Company Limited has completed an IPO in the amount of HKD 984.516 million. Central China Management Company Limited has completed an IPO in the amount of HKD 984.516 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 328,172,000
Price\Range: HKD 3
Discount Per Security: HKD 0.075
Transaction Features: Carve-out; Regulation S 
