One of China's largest mass-market residential developers, now in severe financial distress and offshore-debt default.
One of China's largest mass-market residential developers, now in severe financial distress and offshore-debt default.
Sells apartments in advance of completion and books revenue when homes are handed over, so it depends on buyers' confidence that unfinished projects will be delivered. The founding Yang family controls the group.
In one line: A large distressed Chinese mass-market homebuilder.
Moat: none. Formerly scale-advantaged, now impaired by default, halted projects and brand damage.
Headquarters: Foshan, China · Founded: 1992 · Employees: 14,069
Size Country Garden (2007.HK) is a Hong Kong Real Estate company (Real Estate Development) with a market value of $853M, the 632nd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$0.14 on 6 Nov 2026.
Performance Over six months the shares fell 48.9%, against -9.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue fell 41.9% over the last twelve months (peer median -6.6%); the operating margin is -51.0% (peer median 5.1%).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$140B | HK$168B | HK$274B | HK$443B | HK$500B |
| Revenue growth | — | -39% | -38% | -11% | — |
| Gross profit | -HK$47.0B | -HK$47.6B | -HK$2.60B | -HK$104B | HK$37.1B |
| EBITDA | -HK$69.7B | -HK$66.1B | -HK$14.2B | -HK$163B | HK$11.8B |
| Net income | HK$6.65B | HK$3.54B | -HK$35.6B | -HK$197B | -HK$7.04B |
| Free cash flow | -HK$5.75B | -HK$9.74B | -HK$38.5B | -HK$43.4B | HK$24.0B |
| Capital expenditure | HK$1.14M | HK$0 | HK$44.5M | HK$1.02B | HK$2.26B |
| Total debt | n/a | HK$168B | HK$272B | HK$277B | HK$305B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Country Garden 2007.HK | $853M | -49% | -42% | -51% | n/a | n/a |
| Sunac China 1918.HK | $1.06B | -64% | -29% | -27% | n/a | n/a |
| China Vanke 2202.HK | $5.28B | -30% | -35% | -27% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2007.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -23.5% | -3.0% | 2nd lowest of 21 |
| 6-month return | -48.9% | -9.9% | lowest of 21 |
| Distance from 52-week high | -76.2% | -24.1% | lowest of 21 |
| Revenue growth (TTM) | -41.9% | -6.6% | 6th lowest of 21 |
| Operating margin | -51.0% | 5.1% | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Country Garden 2007.HK | Hong Kong | $853M | -49% | -42% | -51% | n/a | n/a | n/a |
| Dios Fastigheter DIOS.ST | Sweden | $851M | -9% | +1% | 66% | n/a | n/a | n/a |
| Bright Real Estate 600708.SS | China | $849M | -33% | -54% | -82% | n/a | n/a | n/a |
| Wing Tai W05.SI | Singapore | $846M | -10% | +168% | 6% | n/a | n/a | n/a |
| Miramar Hotel & Investment 0071.HK | Hong Kong | $862M | -10% | -11% | 22% | n/a | n/a | n/a |
| Morguard MRC.TO | Canada | $844M | -6% | -1% | 49% | n/a | n/a | n/a |
| Shenzhen Tellus 000025.SZ | China | $843M | -16% | -60% | 21% | n/a | n/a | n/a |
| Sky Harbour SKYH | United States | $839M | +4% | +62% | -81% | n/a | n/a | n/a |
| Metro Land 600683.SS | China | $839M | -48% | +1,029% | -10% | n/a | n/a | n/a |
| Zhuhai Huafa Properties 600325.SS | China | $871M | -39% | -18% | -16% | n/a | n/a | n/a |
| Max Estates MAXESTATES.NS | India | $872M | +20% | +5% | 28% | n/a | n/a | n/a |
| Jm AB JM.ST | Sweden | $834M | +7% | -14% | 1% | n/a | n/a | n/a |
| Shenzhen New Nanshan Holding (Group) 002314.SZ | China | $833M | -19% | -55% | -36% | n/a | n/a | n/a |
| Harworth HWG.L | United Kingdom | $879M | +51% | -35% | -31% | n/a | n/a | n/a |
| Bukit Sembawang Estates B61.SI | Singapore | $880M | -10% | -37% | 44% | n/a | n/a | n/a |
| Sun Frontier Fudousan 8934.T | Japan | $816M | -16% | +3% | 22% | n/a | n/a | n/a |
| Logan 3380.HK | Hong Kong | $816M | -9% | -69% | -178% | n/a | n/a | n/a |
| Lushang Freda Pharmaceutical 600223.SS | China | $813M | -19% | +2% | 4% | n/a | n/a | n/a |
| PEXA PXA.AX | Australia | $896M | -38% | +3% | 13% | n/a | n/a | n/a |
| Rongan Property 000517.SZ | China | $898M | -7% | -76% | -46% | n/a | n/a | n/a |
| FastPartner FPAR-A.ST | Sweden | $810M | -7% | -2% | 66% | n/a | n/a | n/a |