It was originally a listed company which was mainly engaged in the development and management of the port, after the injection of private placement into real estate assets, it gradually acquired 80% stakes of the Hangzhou Xinhu Meilizhou Company and 51% stakes of the Jiujiang Island Lake home Company which are both under the Xinhu Company in 2007 , the company’s main business transferred into the real estate development; In addition the company also holds 71.15% stake in Tiandi futures. In 2007, more than 20 subsidiary real estate company in the country's 10 provinces (municipalities)had developed nearly 30 real estate projects,with the total development area of about 11 million square meters. The company has been approved to merge the new lake, which is a surviving corporation.
Basic Information
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Independent Director
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Independent Director
Ownership Details
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32.41%
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16.86%
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5.38%
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3.01%
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2.44%
Subsidiaries
Australia Xingao Investment Co., Ltd.
100%
Binzhou Xinhu Real Estate Development Co., Ltd.
100%
Fengning Chenglong Mining Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Xinhu Zhongbao Co., Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-1.31%▼
Total operating revenue
-11.49%▼
Operating profit (EBIT)
14.72%▲
Net Profit (Loss) for the Period
-2.04%▼
Operating Profit Margin (ROS)
3.81%▲
Net Profit Margin
-0.17%▼
Return on Equity (ROE)
-0.09%▼
Debt to Equity Ratio
-24.24%▼