Rongan Property Company Limited operates in the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Rongan Property Company Limited with three other
companies in this sector in China:
Shenzhen Properties & Resources Development (Group) Limited
sales of 1.61 billion Chinese Renmimbi [US$237.90 million]
of which 94%
was Real Estate),
Kunwu Jiuding Investment Holdings Co Ltd
(1.61 billion Chinese Renmimbi [US$238.52 million]
of which 78%
was Investment management), and
Jiangsu Phoenix Property Investment Company Limited
(1.66 billion Chinese Renmimbi [US$246.38 million]
of which 109%
was Real Estate Development).
Rongan Property Company Limited reported sales of 1.66 billion Chinese Renmimbi (US$245.64 million)
December of 2016.
increase of 55.8%
versus 2015, when the company's sales were 1.06 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Rongan Property Company Limited
reported sales of 3.25 billion Chinese Renmimbi.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Rongan Property Company Limited had sales
of 1.63 billion Chinese Renmimbi.
Sales of Real Estate Sales saw an increase
27.7% in 2016, from
908.53 million Chinese Renmimbi to 1.16 billion Chinese Renmimbi.
Not all segments of Rongan Property Company Limited experienced an increase in sales in 2016:
sales of Renting fell 49.3% to 22.82 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Rongan Property Company Limited also experienced decreases in sales in
Other Main Operations (down 39.6% to 79.29 million Chinese Renmimbi)