China Evergrande Group operates within the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Evergrande Group with three other
companies in this sector in CHINA :
Greenland Holdings Corp Ltd
sales of 446.50 billion Chinese Renmimbi [US$69.05 billion]
of which 53%
was Construction & Related Industry),
Country Garden Holdings Company Ltd
(462.86 billion Chinese Renmimbi [US$71.59 billion]
of which 97%
was Property Development), and
China Vanke Co Limited
(419.11 billion Chinese Renmimbi [US$64.82 billion]
of which 94%
was Property Development).
During the second
quarter of 2021, sales at China Evergrande Group totalled
222.69 billion Chinese Renmimbi.
This is a drop of 16.5%
from the 266.63 billion Chinese Renmimbi in sales at the company during the second quarter in 2020.
During the year ended December of 2020, sales at
China Evergrande Group were 507.25 billion Chinese Renmimbi (US$78.45 billion).
increase of 6.2%
versus 2019, when the company's sales were 477.56 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at China Evergrande Group
(and since 2015, sales have increased a total of 281%).
Sales of Property Management Services saw an increase
that was more than double the company's growth rate: sales were up
49.8% in 2020, from
4.38 billion Chinese Renmimbi to 6.56 billion Chinese Renmimbi.
Not all segments of China Evergrande Group experienced an increase in sales in 2020:
sales of Other Businesses fell 32.9% to 4.87 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
China Evergrande Group also experienced decreases in sales in
Property Investment (down 6.5% to 1.28 billion Chinese Renmimbi)