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Bright Real Estate GroupLimited SHSE:600708 Stock Report

Last Price

CN¥3.79

Market Cap

CN¥8.4b

7D

-9.3%

1Y

77.9%

Updated

25 Dec, 2024

Data

Company Financials

Bright Real Estate Group Co.,Limited

SHSE:600708 Stock Report

Market Cap: CN¥8.4b

600708 Stock Overview

Develops residential and commercial real estate properties in China. More details

600708 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Bright Real Estate Group Co.,Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bright Real Estate GroupLimited
Historical stock prices
Current Share PriceCN¥3.79
52 Week HighCN¥4.82
52 Week LowCN¥1.70
Beta0.49
1 Month Change2.71%
3 Month Change72.27%
1 Year Change77.93%
3 Year Change60.59%
5 Year Change7.67%
Change since IPO75.86%

Recent News & Updates

Bright Real Estate Group Co.,Limited's (SHSE:600708) Share Price Boosted 59% But Its Business Prospects Need A Lift Too

Nov 21
Bright Real Estate Group Co.,Limited's (SHSE:600708) Share Price Boosted 59% But Its Business Prospects Need A Lift Too

Does Bright Real Estate GroupLimited (SHSE:600708) Have A Healthy Balance Sheet?

Oct 28
Does Bright Real Estate GroupLimited (SHSE:600708) Have A Healthy Balance Sheet?

Recent updates

Bright Real Estate Group Co.,Limited's (SHSE:600708) Share Price Boosted 59% But Its Business Prospects Need A Lift Too

Nov 21
Bright Real Estate Group Co.,Limited's (SHSE:600708) Share Price Boosted 59% But Its Business Prospects Need A Lift Too

Does Bright Real Estate GroupLimited (SHSE:600708) Have A Healthy Balance Sheet?

Oct 28
Does Bright Real Estate GroupLimited (SHSE:600708) Have A Healthy Balance Sheet?

Bright Real Estate Group Co.,Limited's (SHSE:600708) Price Is Right But Growth Is Lacking After Shares Rocket 40%

Sep 30
Bright Real Estate Group Co.,Limited's (SHSE:600708) Price Is Right But Growth Is Lacking After Shares Rocket 40%

Bright Real Estate Group Co.,Limited (SHSE:600708) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

May 21
Bright Real Estate Group Co.,Limited (SHSE:600708) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

Bright Real Estate GroupLimited's (SHSE:600708) Shareholders May Want To Dig Deeper Than Statutory Profit

May 06
Bright Real Estate GroupLimited's (SHSE:600708) Shareholders May Want To Dig Deeper Than Statutory Profit

The Market Doesn't Like What It Sees From Bright Real Estate Group Co.,Limited's (SHSE:600708) Revenues Yet As Shares Tumble 30%

Feb 28
The Market Doesn't Like What It Sees From Bright Real Estate Group Co.,Limited's (SHSE:600708) Revenues Yet As Shares Tumble 30%

Shareholder Returns

600708CN Real EstateCN Market
7D-9.3%-3.7%0.4%
1Y77.9%6.4%12.3%

Return vs Industry: 600708 exceeded the CN Real Estate industry which returned 6.4% over the past year.

Return vs Market: 600708 exceeded the CN Market which returned 12.3% over the past year.

Price Volatility

Is 600708's price volatile compared to industry and market?
600708 volatility
600708 Average Weekly Movement11.3%
Real Estate Industry Average Movement9.0%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 600708's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 600708's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19931,800Qiang Guowww.bre600708.com

Bright Real Estate Group Co.,Limited develops residential and commercial real estate properties in China. It develops and operates commercial blocks, office buildings, and hotels; provides property management, asset operation, and community services; general contracting of housing, municipal public, water conservancy, and hydropower engineering construction works; and professional contracting of decoration projects. The company is also involved in the urban services; production and installation of doors, windows, and curtain walls; procurement of materials; and labor subcontracting, agent construction management, and other services.

Bright Real Estate Group Co.,Limited Fundamentals Summary

How do Bright Real Estate GroupLimited's earnings and revenue compare to its market cap?
600708 fundamental statistics
Market capCN¥8.45b
Earnings (TTM)-CN¥354.70m
Revenue (TTM)CN¥5.82b

1.5x

P/S Ratio

-23.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600708 income statement (TTM)
RevenueCN¥5.82b
Cost of RevenueCN¥5.31b
Gross ProfitCN¥513.16m
Other ExpensesCN¥867.86m
Earnings-CN¥354.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin8.82%
Net Profit Margin-6.09%
Debt/Equity Ratio316.7%

How did 600708 perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

-3%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 18:13
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bright Real Estate Group Co.,Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhong RenChina International Capital Corporation Limited
Zhuo ChenChina Merchants Securities Co. Ltd.
Haowu ChenEverbright Securities Co. Ltd.