Evergrande Real Estate Group

Company Overview

Evergrande Real Estate Group is engaged in the property development, property investment, property management, property construction, hotel, other property development related services and fast consuming industry in the People’s Republic of China. It is one of the ten largest real estate developers in Mainland China with 540 billion RMB worth of total asset and 80,000 employees. It is China’s second-largest property developer by sales. It is based in southern China's Guangdong Province, and sells apartments mostly to upper and middle-income dwellers. The sales of the Group hit RMB 131.5 billion with tax payment of RMB 17.1 billion in 2014; In the first ten months of 2015, its sales amounted to 154.5 billion RMB, with a full-year sales target of 180 billion RMB, and the Group is expected to be listed among top 500 enterprises worldwide. Over 400 large projects have been developed by Evergrande in over 170 major cities across China, and 25 subsidiaries (regional companies) have been founded by the Group in all around China. Evergrande has been adhering to the people’s livelihood oriented development concept to serve the country by developing industry, creating high-cost-effectiveness high-quality residential buildings which the ordinary people in China can afford with efforts， and making outstanding contributions to enhancing the habitation value and promoting the urban construction and the social sustainable development. Guided by such concept, Evergrande has divided the enterprise strategy into three development stages. The first stage is win by scale, the second is win by scale and brand, the third stage is win by diversity, scale and brand.

Company Financial

Year on year Evergrande Real Estate Group grew revenues 18.92% from 93.67 billion to 111.40 billion while net income improve 27.69% from 13.27 billion to 16.94 billion.

Year on year, growth in dividends per share remained flat while earnings per share excluding extraordinary...