Jinan High-tech Development(600807)株式概要済南ハイテク開発有限公司はその子会社とともに、中国における工業団地と不動産の投資、開発、運営に従事している。 詳細600807 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性6/6配当金0/6報酬過去5年間の収益は年間0.5%増加しました。 リスク分析リスクチェックの結果、600807 、リスクは検出されなかった。すべてのリスクチェックを見る600807 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW479,957 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA479,957 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥2.442.3k% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-953m2b2016201920222025202620282031Revenue CN¥56.1mEarnings CN¥10.3mAdvancedSet Fair ValueView all narrativesJinan High-tech Development Co., Ltd. 競合他社Shahe IndustrialSymbol: SZSE:000014Market cap: CN¥2.4bLangold Real EstateSymbol: SZSE:002305Market cap: CN¥3.4bSoyea TechnologySymbol: SZSE:000909Market cap: CN¥1.9bGuangzhou Pearl River Development GroupSymbol: SHSE:600684Market cap: CN¥3.8b価格と性能株価の高値、安値、推移の概要Jinan High-tech Development過去の株価現在の株価CN¥2.4452週高値CN¥4.0052週安値CN¥2.22ベータ0.501ヶ月の変化1.24%3ヶ月変化-22.04%1年変化-22.04%3年間の変化-33.88%5年間の変化-16.44%IPOからの変化88.94%最新ニュースお知らせ • Jun 30Jinan High-tech Development Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Jinan High-tech Development Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026お知らせ • May 27Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026, at 09:15 China Standard Time. Location: Building A4-4, No. 7000, Jingshi East Road, China (Shandong) Pilot Free Trade Zone, Jinan, Shandong ChinaNew Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported September 2025 fiscal period end).お知らせ • Mar 30Jinan High-tech Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.041 loss per share (vs CN¥0.021 loss in 3Q 2024)Third quarter 2025 results: CN¥0.041 loss per share (further deteriorated from CN¥0.021 loss in 3Q 2024). Revenue: CN¥63.3m (up 1.6% from 3Q 2024). Net loss: CN¥35.4m (loss widened 117% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.最新情報をもっと見るRecent updatesお知らせ • Jun 30Jinan High-tech Development Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Jinan High-tech Development Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026お知らせ • May 27Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026, at 09:15 China Standard Time. Location: Building A4-4, No. 7000, Jingshi East Road, China (Shandong) Pilot Free Trade Zone, Jinan, Shandong ChinaNew Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported September 2025 fiscal period end).お知らせ • Mar 30Jinan High-tech Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.041 loss per share (vs CN¥0.021 loss in 3Q 2024)Third quarter 2025 results: CN¥0.041 loss per share (further deteriorated from CN¥0.021 loss in 3Q 2024). Revenue: CN¥63.3m (up 1.6% from 3Q 2024). Net loss: CN¥35.4m (loss widened 117% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Jinan High-tech Development Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Jinan High-tech Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Buy Or Sell Opportunity • Aug 14Now 23% undervaluedOver the last 90 days, the stock has risen 12% to CN¥3.19. The fair value is estimated to be CN¥4.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 48% over the last 3 years. Earnings per share has declined by 87%.お知らせ • Jun 30Jinan High-tech Development Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Jinan High-tech Development Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • May 29Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 20, 2025Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 20, 2025, at 09:15 China Standard Time. Location: Building A4-4, No. 7000, Jingshi East Road, China (Shandong) Pilot Free Trade Zone, Jinan, Shandong Chinaお知らせ • Mar 28Jinan High-tech Development Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025分析記事 • Feb 21Revenues Not Telling The Story For Jinan High-tech Development Co., Ltd. (SHSE:600807) After Shares Rise 25%Jinan High-tech Development Co., Ltd. ( SHSE:600807 ) shareholders are no doubt pleased to see that the share price has...New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change).分析記事 • Jan 02Jinan High-tech Development Co., Ltd.'s (SHSE:600807) 26% Share Price Plunge Could Signal Some RiskJinan High-tech Development Co., Ltd. ( SHSE:600807 ) shares have had a horrible month, losing 26% after a relatively...お知らせ • Dec 27Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025New Risk • Dec 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥271m free cash flow). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).分析記事 • Dec 20Is Jinan High-tech Development (SHSE:600807) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.021 loss per share (vs CN¥0.01 loss in 3Q 2023)Third quarter 2024 results: CN¥0.021 loss per share (further deteriorated from CN¥0.01 loss in 3Q 2023). Revenue: CN¥62.2m (down 39% from 3Q 2023). Net loss: CN¥16.3m (loss widened 82% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 23Jinan High-tech Development Co., Ltd. (SHSE:600807) Stock Rockets 43% As Investors Are Less Pessimistic Than ExpectedThe Jinan High-tech Development Co., Ltd. ( SHSE:600807 ) share price has done very well over the last month, posting...お知らせ • Sep 30Jinan High-tech Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Jinan High-tech Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 30Second quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.045 loss in 2Q 2023)Second quarter 2024 results: CN¥0.011 loss per share (improved from CN¥0.045 loss in 2Q 2023). Revenue: CN¥151.9m (down 18% from 2Q 2023). Net loss: CN¥11.9m (loss narrowed 78% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.分析記事 • Aug 23Jinan High-tech Development Co., Ltd.'s (SHSE:600807) Shares May Have Run Too Fast Too SoonWhen you see that almost half of the companies in the Real Estate industry in China have price-to-sales ratios (or...お知らせ • Jun 28Jinan High-tech Development Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Jinan High-tech Development Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024お知らせ • Jun 08Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 26, 2024Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 26, 2024, at 09:15 China Standard Time. Location: Room 1616, Main Office Building, No. 1577, Long'ao North Road, Shunhua Subdistrict, Jinan Area, China (Shandong) Pilot Free Trade Zone ChinaValuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥2.73, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 21x in the Real Estate industry in China. Total loss to shareholders of 19% over the past three years.お知らせ • Mar 30Jinan High-tech Development Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥3.00, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 18x in the Real Estate industry in China. Total loss to shareholders of 8.0% over the past three years.分析記事 • Feb 27Investor Optimism Abounds Jinan High-tech Development Co., Ltd. (SHSE:600807) But Growth Is LackingJinan High-tech Development Co., Ltd.'s ( SHSE:600807 ) price-to-sales (or "P/S") ratio of 2.4x may not look like an...New Risk • Feb 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.4% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.4% average weekly change). High level of non-cash earnings (39% accrual ratio).Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥2.68, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 18x in the Real Estate industry in China. Total loss to shareholders of 14% over the past three years.お知らせ • Dec 29Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024Valuation Update With 7 Day Price Move • Dec 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥3.60, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 20x in the Real Estate industry in China. Negligible returns to shareholders over past three years.Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.05 profit in 3Q 2022)Third quarter 2023 results: CN¥0.01 loss per share (down from CN¥0.05 profit in 3Q 2022). Revenue: CN¥102.7m (down 78% from 3Q 2022). Net loss: CN¥8.96m (down 121% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Sep 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (55% accrual ratio).Reported Earnings • Aug 30Second quarter 2023 earnings released: CN¥0.045 loss per share (vs CN¥0.18 loss in 2Q 2022)Second quarter 2023 results: CN¥0.045 loss per share (improved from CN¥0.18 loss in 2Q 2022). Revenue: CN¥185.0m (down 54% from 2Q 2022). Net loss: CN¥53.8m (loss narrowed 65% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jun 28Jinan High-tech Development Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Jinan High-tech Development Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023お知らせ • Jun 27Jinan High-tech Development Co., Ltd. announced that it expects to receive CNY 4 billion in fundingJinan High-tech Development Co., Ltd. announced a private placement that it will receive CNY 4 billion in a round of funding on June 25, 2023. The company will issue common shares in the transaction to boost liquidity.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.16 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.01 (up from CN¥0.16 loss in 1Q 2022). Revenue: CN¥216.4m (down 33% from 1Q 2022). Net income: CN¥6.91m (up CN¥145.2m from 1Q 2022). Profit margin: 3.2% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.031 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.031 loss in 3Q 2021). Revenue: CN¥471.5m (up 55% from 3Q 2021). Net income: CN¥43.1m (up CN¥70.6m from 3Q 2021). Profit margin: 9.1% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • May 02First quarter 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.08 loss in 1Q 2021)First quarter 2022 results: CN¥0.16 loss per share (down from CN¥0.08 loss in 1Q 2021). Revenue: CN¥320.8m (up 29% from 1Q 2021). Net loss: CN¥138.2m (loss widened 94% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 31Third quarter 2021 earnings released: CN¥0.031 loss per share (vs CN¥0.11 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥305.0m (up 7.7% from 3Q 2020). Net loss: CN¥27.6m (loss narrowed 73% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Aug 29Second quarter 2021 earnings released: CN¥0.08 loss per share (vs CN¥0.01 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥229.5m (up 13% from 2Q 2020). Net loss: CN¥66.2m (loss widened CN¥55.2m from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Apr 26Full year 2020 earnings released: CN¥0.95 loss per share (vs CN¥0.07 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥1.09b (down 39% from FY 2019). Net loss: CN¥825.0m (down CN¥888.1m from profit in FY 2019).Is New 90 Day High Low • Oct 31New 90-day low: CN¥3.41The company is down 31% from its price of CN¥4.94 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 9.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥4.93m, with earnings decreasing by CN¥1.05b from the prior year. Total revenue was CN¥1.41b over the last 12 months, down 2.2% from the prior year.お知らせ • Oct 27Jinan High-tech Development Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Jinan High-tech Development Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020Is New 90 Day High Low • Sep 24New 90-day low: CN¥3.89The company is down 21% from its price of CN¥4.91 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 10.0% over the same period.お知らせ • Jul 31An unknown buyer acquired 5.82% stake in Jinan High-tech Development Co., Ltd. (SHSE : 600807) from Shandong Tianye Real Estate Development Group Co., Ltd. for approximately CNY 190 million.An unknown buyer acquired 5.82% stake in Jinan High-tech Development Co., Ltd. (SHSE:600807) from Shandong Tianye Real Estate Development Group Co., Ltd. for approximately CNY 190 million on April 27, 2020. Under the terms, 51.5 million shares were acquired as a part of the transaction. As a part of the transaction 16.8 million shares accounting for 1.9% stake were acquired for CNY 58.3 million, 19.9 million shares accounting for 2.25% stake were acquired for CNY 77.9 million and 14.8 million shares accounting for 1.67% stake were acquired for CNY 58 million. An unknown buyer completed the acquisition of 5.82% stake in Jinan High-tech Development Co., Ltd. (SHSE:600807) from Shandong Tianye Real Estate Development Group Co., Ltd. on April 28, 2020.お知らせ • Jul 09Jinan High-tech Development Co., Ltd. to Report First Half, 2020 Results on Aug 22, 2020Jinan High-tech Development Co., Ltd. announced that they will report first half, 2020 results on Aug 22, 2020お知らせ • Jun 20Jinan High-tech Development Co., Ltd. (SHSE:600807) agreed to acquire 51% stake in Wangsheng Ecological Environment Co., Ltd. from Taizhou Jitai Business Partnership (General Partnership) for approximately CNY 270 million.Jinan High-tech Development Co., Ltd. (SHSE:600807) agreed to acquire 51% stake in Wangsheng Ecological Environment Co., Ltd. from Taizhou Jitai Business Partnership (General Partnership) for approximately CNY 270 million on June 20, 2020. The purchase price will be done in 4 installments with the first phase will 50% of the total price and will be paid within 5 working days after this agreement, second phase willbe 15% of the total price and will be paid within 10 days from the date of the issue of the vigorous ecological audit report after the end of 2020. the third-stage equity transfer price is 15% of the total price, and the date of the vigorous ecological audit report after the end of 2021 Payment within 10 days from the beginning; the fourth-stage equity transfer price is 20% of the total price. After the end of 2022, Wangsheng Ecological Audit Report will be paid within 10 days from the date of issuance. As of December 31, 2019, Wangsheng Ecological's total assets were CNY 580.32 million and net assets were CNY 209.63 million and generated operating income of CNY 298.82 million. This transaction has been reviewed and approved by the Board of Jinan High-tech Development.株主還元600807CN Real EstateCN 市場7D5.2%5.1%0.1%1Y-22.0%-14.8%9.3%株主還元を見る業界別リターン: 600807過去 1 年間で-14.8 % の収益を上げたCN Real Estate業界を下回りました。リターン対市場: 600807は、過去 1 年間で9.3 % のリターンを上げたCN市場を下回りました。価格変動Is 600807's price volatile compared to industry and market?600807 volatility600807 Average Weekly Movement5.8%Real Estate Industry Average Movement6.0%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 600807 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 600807の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO(最高経営責任者ウェブサイト1993551n/awww.jngxfz.com済南ハイテク開発有限公司は、その子会社とともに、中国で工業団地や不動産の投資、開発、運営を行っている。同社は、銅、鉛、亜鉛などの貴金属や非鉄金属、金などの探査、採掘、加工に従事している。また、百貨店販売、不動産管理、金属事業、鉱業技術開発、庭園の設計・建設、株式投資、建設プロジェクト・品質検査、農業機械設備・自動車リース、投資、経営コンサルティング、不動産コンサルティング・リース事業にも携わっている。また、植林用苗木、苗木、経済林の販売、建築資材やケーブルの販売、緑化、造園、市街地、建築装飾のエンジニアリング、庭園の設計とメンテナンスも行っている。さらに、鉱産物の採掘に関する技術開発、コンサルティング、サービス、公園管理サービス、ホテル管理・宿泊サービス、投資コンサルティング・管理、労働サービスも提供している。済南ハイテク開発有限公司は1993年に設立され、中国済南市を拠点としている。もっと見るJinan High-tech Development Co., Ltd. 基礎のまとめJinan High-tech Development の収益と売上を時価総額と比較するとどうか。600807 基礎統計学時価総額CN¥2.16b収益(TTM)-CN¥204.75m売上高(TTM)CN¥316.83m6.8xP/Sレシオ-10.5xPER(株価収益率600807 は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計600807 損益計算書(TTM)収益CN¥316.83m売上原価CN¥275.90m売上総利益CN¥40.93mその他の費用CN¥245.68m収益-CN¥204.75m直近の収益報告Mar 31, 2026次回決算日Aug 29, 2026一株当たり利益(EPS)-0.23グロス・マージン12.92%純利益率-64.63%有利子負債/自己資本比率15.7%600807 の長期的なパフォーマンスは?過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/08/01 16:29終値2026/07/31 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Jinan High-tech Development Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jun 30Jinan High-tech Development Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Jinan High-tech Development Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
お知らせ • May 27Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026, at 09:15 China Standard Time. Location: Building A4-4, No. 7000, Jingshi East Road, China (Shandong) Pilot Free Trade Zone, Jinan, Shandong China
New Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported September 2025 fiscal period end).
お知らせ • Mar 30Jinan High-tech Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.041 loss per share (vs CN¥0.021 loss in 3Q 2024)Third quarter 2025 results: CN¥0.041 loss per share (further deteriorated from CN¥0.021 loss in 3Q 2024). Revenue: CN¥63.3m (up 1.6% from 3Q 2024). Net loss: CN¥35.4m (loss widened 117% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 30Jinan High-tech Development Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Jinan High-tech Development Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
お知らせ • May 27Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026, at 09:15 China Standard Time. Location: Building A4-4, No. 7000, Jingshi East Road, China (Shandong) Pilot Free Trade Zone, Jinan, Shandong China
New Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported September 2025 fiscal period end).
お知らせ • Mar 30Jinan High-tech Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.041 loss per share (vs CN¥0.021 loss in 3Q 2024)Third quarter 2025 results: CN¥0.041 loss per share (further deteriorated from CN¥0.021 loss in 3Q 2024). Revenue: CN¥63.3m (up 1.6% from 3Q 2024). Net loss: CN¥35.4m (loss widened 117% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Jinan High-tech Development Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Jinan High-tech Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Buy Or Sell Opportunity • Aug 14Now 23% undervaluedOver the last 90 days, the stock has risen 12% to CN¥3.19. The fair value is estimated to be CN¥4.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 48% over the last 3 years. Earnings per share has declined by 87%.
お知らせ • Jun 30Jinan High-tech Development Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Jinan High-tech Development Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • May 29Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 20, 2025Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 20, 2025, at 09:15 China Standard Time. Location: Building A4-4, No. 7000, Jingshi East Road, China (Shandong) Pilot Free Trade Zone, Jinan, Shandong China
お知らせ • Mar 28Jinan High-tech Development Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
分析記事 • Feb 21Revenues Not Telling The Story For Jinan High-tech Development Co., Ltd. (SHSE:600807) After Shares Rise 25%Jinan High-tech Development Co., Ltd. ( SHSE:600807 ) shareholders are no doubt pleased to see that the share price has...
New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change).
分析記事 • Jan 02Jinan High-tech Development Co., Ltd.'s (SHSE:600807) 26% Share Price Plunge Could Signal Some RiskJinan High-tech Development Co., Ltd. ( SHSE:600807 ) shares have had a horrible month, losing 26% after a relatively...
お知らせ • Dec 27Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025
New Risk • Dec 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥271m free cash flow). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
分析記事 • Dec 20Is Jinan High-tech Development (SHSE:600807) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.021 loss per share (vs CN¥0.01 loss in 3Q 2023)Third quarter 2024 results: CN¥0.021 loss per share (further deteriorated from CN¥0.01 loss in 3Q 2023). Revenue: CN¥62.2m (down 39% from 3Q 2023). Net loss: CN¥16.3m (loss widened 82% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 23Jinan High-tech Development Co., Ltd. (SHSE:600807) Stock Rockets 43% As Investors Are Less Pessimistic Than ExpectedThe Jinan High-tech Development Co., Ltd. ( SHSE:600807 ) share price has done very well over the last month, posting...
お知らせ • Sep 30Jinan High-tech Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Jinan High-tech Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 30Second quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.045 loss in 2Q 2023)Second quarter 2024 results: CN¥0.011 loss per share (improved from CN¥0.045 loss in 2Q 2023). Revenue: CN¥151.9m (down 18% from 2Q 2023). Net loss: CN¥11.9m (loss narrowed 78% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
分析記事 • Aug 23Jinan High-tech Development Co., Ltd.'s (SHSE:600807) Shares May Have Run Too Fast Too SoonWhen you see that almost half of the companies in the Real Estate industry in China have price-to-sales ratios (or...
お知らせ • Jun 28Jinan High-tech Development Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Jinan High-tech Development Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • Jun 08Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 26, 2024Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 26, 2024, at 09:15 China Standard Time. Location: Room 1616, Main Office Building, No. 1577, Long'ao North Road, Shunhua Subdistrict, Jinan Area, China (Shandong) Pilot Free Trade Zone China
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥2.73, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 21x in the Real Estate industry in China. Total loss to shareholders of 19% over the past three years.
お知らせ • Mar 30Jinan High-tech Development Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥3.00, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 18x in the Real Estate industry in China. Total loss to shareholders of 8.0% over the past three years.
分析記事 • Feb 27Investor Optimism Abounds Jinan High-tech Development Co., Ltd. (SHSE:600807) But Growth Is LackingJinan High-tech Development Co., Ltd.'s ( SHSE:600807 ) price-to-sales (or "P/S") ratio of 2.4x may not look like an...
New Risk • Feb 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.4% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.4% average weekly change). High level of non-cash earnings (39% accrual ratio).
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥2.68, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 18x in the Real Estate industry in China. Total loss to shareholders of 14% over the past three years.
お知らせ • Dec 29Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥3.60, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 20x in the Real Estate industry in China. Negligible returns to shareholders over past three years.
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.05 profit in 3Q 2022)Third quarter 2023 results: CN¥0.01 loss per share (down from CN¥0.05 profit in 3Q 2022). Revenue: CN¥102.7m (down 78% from 3Q 2022). Net loss: CN¥8.96m (down 121% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Sep 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (55% accrual ratio).
Reported Earnings • Aug 30Second quarter 2023 earnings released: CN¥0.045 loss per share (vs CN¥0.18 loss in 2Q 2022)Second quarter 2023 results: CN¥0.045 loss per share (improved from CN¥0.18 loss in 2Q 2022). Revenue: CN¥185.0m (down 54% from 2Q 2022). Net loss: CN¥53.8m (loss narrowed 65% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28Jinan High-tech Development Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Jinan High-tech Development Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023
お知らせ • Jun 27Jinan High-tech Development Co., Ltd. announced that it expects to receive CNY 4 billion in fundingJinan High-tech Development Co., Ltd. announced a private placement that it will receive CNY 4 billion in a round of funding on June 25, 2023. The company will issue common shares in the transaction to boost liquidity.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.16 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.01 (up from CN¥0.16 loss in 1Q 2022). Revenue: CN¥216.4m (down 33% from 1Q 2022). Net income: CN¥6.91m (up CN¥145.2m from 1Q 2022). Profit margin: 3.2% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.031 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.031 loss in 3Q 2021). Revenue: CN¥471.5m (up 55% from 3Q 2021). Net income: CN¥43.1m (up CN¥70.6m from 3Q 2021). Profit margin: 9.1% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 02First quarter 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.08 loss in 1Q 2021)First quarter 2022 results: CN¥0.16 loss per share (down from CN¥0.08 loss in 1Q 2021). Revenue: CN¥320.8m (up 29% from 1Q 2021). Net loss: CN¥138.2m (loss widened 94% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 31Third quarter 2021 earnings released: CN¥0.031 loss per share (vs CN¥0.11 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥305.0m (up 7.7% from 3Q 2020). Net loss: CN¥27.6m (loss narrowed 73% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 29Second quarter 2021 earnings released: CN¥0.08 loss per share (vs CN¥0.01 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥229.5m (up 13% from 2Q 2020). Net loss: CN¥66.2m (loss widened CN¥55.2m from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 26Full year 2020 earnings released: CN¥0.95 loss per share (vs CN¥0.07 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥1.09b (down 39% from FY 2019). Net loss: CN¥825.0m (down CN¥888.1m from profit in FY 2019).
Is New 90 Day High Low • Oct 31New 90-day low: CN¥3.41The company is down 31% from its price of CN¥4.94 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 9.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥4.93m, with earnings decreasing by CN¥1.05b from the prior year. Total revenue was CN¥1.41b over the last 12 months, down 2.2% from the prior year.
お知らせ • Oct 27Jinan High-tech Development Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Jinan High-tech Development Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
Is New 90 Day High Low • Sep 24New 90-day low: CN¥3.89The company is down 21% from its price of CN¥4.91 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 10.0% over the same period.
お知らせ • Jul 31An unknown buyer acquired 5.82% stake in Jinan High-tech Development Co., Ltd. (SHSE : 600807) from Shandong Tianye Real Estate Development Group Co., Ltd. for approximately CNY 190 million.An unknown buyer acquired 5.82% stake in Jinan High-tech Development Co., Ltd. (SHSE:600807) from Shandong Tianye Real Estate Development Group Co., Ltd. for approximately CNY 190 million on April 27, 2020. Under the terms, 51.5 million shares were acquired as a part of the transaction. As a part of the transaction 16.8 million shares accounting for 1.9% stake were acquired for CNY 58.3 million, 19.9 million shares accounting for 2.25% stake were acquired for CNY 77.9 million and 14.8 million shares accounting for 1.67% stake were acquired for CNY 58 million. An unknown buyer completed the acquisition of 5.82% stake in Jinan High-tech Development Co., Ltd. (SHSE:600807) from Shandong Tianye Real Estate Development Group Co., Ltd. on April 28, 2020.
お知らせ • Jul 09Jinan High-tech Development Co., Ltd. to Report First Half, 2020 Results on Aug 22, 2020Jinan High-tech Development Co., Ltd. announced that they will report first half, 2020 results on Aug 22, 2020
お知らせ • Jun 20Jinan High-tech Development Co., Ltd. (SHSE:600807) agreed to acquire 51% stake in Wangsheng Ecological Environment Co., Ltd. from Taizhou Jitai Business Partnership (General Partnership) for approximately CNY 270 million.Jinan High-tech Development Co., Ltd. (SHSE:600807) agreed to acquire 51% stake in Wangsheng Ecological Environment Co., Ltd. from Taizhou Jitai Business Partnership (General Partnership) for approximately CNY 270 million on June 20, 2020. The purchase price will be done in 4 installments with the first phase will 50% of the total price and will be paid within 5 working days after this agreement, second phase willbe 15% of the total price and will be paid within 10 days from the date of the issue of the vigorous ecological audit report after the end of 2020. the third-stage equity transfer price is 15% of the total price, and the date of the vigorous ecological audit report after the end of 2021 Payment within 10 days from the beginning; the fourth-stage equity transfer price is 20% of the total price. After the end of 2022, Wangsheng Ecological Audit Report will be paid within 10 days from the date of issuance. As of December 31, 2019, Wangsheng Ecological's total assets were CNY 580.32 million and net assets were CNY 209.63 million and generated operating income of CNY 298.82 million. This transaction has been reviewed and approved by the Board of Jinan High-tech Development.