Core Viewpoint - *ST Jinke is a well-known real estate company in China, facing significant challenges in revenue and profitability, with a high debt ratio and low gross margin compared to industry averages [1][2][3]. Group 1: Company Overview - *ST Jinke was established on March 29, 1994, and listed on the Shenzhen Stock Exchange on November 28, 1996, with its registered and office address in Chongqing [1]. - The company holds a first-class qualification in real estate development and operates primarily in residential development [1]. Group 2: Financial Performance - For Q3 2025, *ST Jinke reported revenue of 5.699 billion, ranking 16th out of 69 in the industry, significantly lower than the top competitors Poly Developments at 173.722 billion and Vanke A at 161.388 billion [2]. - The company's net profit for the same period was -11.18 billion, placing it 68th in the industry, far behind Poly Developments' 6.515 billion and ST Zhongdi's 4.586 billion [2]. Group 3: Financial Ratios - As of Q3 2025, *ST Jinke's debt-to-asset ratio was 115.27%, an increase from 93.08% year-on-year, and significantly above the industry average [3]. - The gross margin for the period was 12.03%, down from 12.97% year-on-year and below the industry average of 19.19% [3]. Group 4: Leadership - The chairman and president of the company, Guo Wei, born in October 1976, took office in October 2025, previously holding senior positions at Vanke Group [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 3.39% to 121,200, while the average number of circulating A-shares held per shareholder increased by 48.19% to 62,800 [5].
*ST金科的前世今生：负债率115.27%高于行业平均，毛利率12.03%低于同类7.16个百分点
Xin Lang Zheng Quan·2025-10-30 15:18