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Bright Real Estate GroupLimited SHSE:600708 Stock Report

Last Price

CN¥2.30

Market Cap

CN¥5.2b

7D

11.1%

1Y

5.0%

Updated

20 May, 2024

Data

Company Financials

Bright Real Estate Group Co.,Limited

SHSE:600708 Stock Report

Market Cap: CN¥5.2b

600708 Stock Overview

Develops residential and commercial real estate properties in China.

600708 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

Bright Real Estate Group Co.,Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bright Real Estate GroupLimited
Historical stock prices
Current Share PriceCN¥2.30
52 Week HighCN¥3.07
52 Week LowCN¥1.72
Beta0.55
1 Month Change26.37%
3 Month Change16.75%
1 Year Change5.02%
3 Year Change-9.45%
5 Year Change-62.17%
Change since IPO6.72%

Recent News & Updates

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%

Recent updates

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
7D11.1%10.7%0.02%
1Y5.0%-12.6%-10.2%

Return vs Industry: 600708 exceeded the CN Real Estate industry which returned -12.6% over the past year.

Return vs Market: 600708 exceeded the CN Market which returned -10.2% over the past year.

Price Volatility

Is 600708's price volatile compared to industry and market?
600708 volatility
600708 Average Weekly Movement5.9%
Real Estate Industry Average Movement6.6%
Market Average Movement7.2%
10% most volatile stocks in CN Market10.7%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 600708 has not had significant price volatility in the past 3 months.

Volatility Over Time: 600708's weekly volatility (6%) has been stable over the past year.

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¥5.24b
Earnings (TTM)CN¥34.40m
Revenue (TTM)CN¥8.54b

149.0x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600708 income statement (TTM)
RevenueCN¥8.54b
Cost of RevenueCN¥7.42b
Gross ProfitCN¥1.12b
Other ExpensesCN¥1.09b
EarningsCN¥34.40m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin13.12%
Net Profit Margin0.40%
Debt/Equity Ratio300.1%

How did 600708 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

32%

Payout Ratio
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