---
title: "CASIN Real Estate Development Group Co.,Ltd. (000838.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/000838.SZ.md"
symbol: "000838.SZ"
name: "CASIN Real Estate Development Group Co.,Ltd."
industry: "Real Estate Development"
datetime: "2026-05-20T03:18:37.404Z"
locales:
  - [en](https://longbridge.com/en/quote/000838.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000838.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000838.SZ.md)
---

# CASIN Real Estate Development Group Co.,Ltd. (000838.SZ)

## Company Overview

CASIN Real Estate Development Group Co.,Ltd. engages in the real estate businesses in China. It is also involved in real estate development; resource recycling and comprehensive utilization; environmental engineering; energy performance contract; environmental water treatment, sewage treatment; domestic trade; investment in industry; wholesale of hardware product; sale of internet; and provision of building and decorative materials. The company was formerly known as CASIN Guoxing Property Development Co., Ltd.

| Item | Detail |
|------|--------|
| Industry | Real Estate Development |
| Exchange | CN Market |
| Website | [www.casindev.com](https://www.casindev.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: E
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: E (0.92)**

**Industry**: Real Estate Development

| Metric | Value |
|--------|-------|
| Industry Ranking | 78 / 78 |
| Industry Median | D |
| Industry Average | D |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: E

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -63.30% |  |
| Net Profit YoY | -151.22% |  |
| P/B Ratio | -9.59 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 2055899175.75 |  |
| Revenue | 205184326.46 |  |

#### Multi Score Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -608.12% | E |
| Profit Margin | -312.09% | E |
| Gross Margin | 3.84% | E |
| Revenue YoY | -63.30% | E |
| Net Profit YoY | -151.22% | E |
| Total Assets YoY | -30.93% | E |
| Net Assets YoY | -148.60% | E |
| Cash Flow Margin | -9.39% | D |
| OCF YoY | -63.30% | E |
| Turnover | 0.09 | E |
| Gearing Ratio | 113.59% | E |

```chart-data:radar
{
  "title": "Longbridge Financial Score - CASIN Real Estate Development Group Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-63.30%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-151.22%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "-9.59",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "2055899175.75",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "205184326.46",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "E",
      "indicators": [
        {
          "name": "ROE",
          "value": "-608.12%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-312.09%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "3.84%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "-63.30%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-151.22%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-30.93%",
          "rating": "E"
        },
        {
          "name": "Net Assets YoY",
          "value": "-148.60%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-9.39%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "-63.30%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.09",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "113.59%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -3.21 | 42/78 | - | - | - |
| PB | -9.59 | 78/78 | 8.26 | 7.32 | 6.66 |
| PS (TTM) | 10.02 | 70/78 | 11.05 | 8.52 | 5.70 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | HEC (000886.SZ) | C | A | D | B | C | B |
| 02 | GZPR (600684.SH) | C | B | B | B | C | B |
| 03 | Youngor (600177.SH) | B | D | E | A | D | C |
| 04 | SPG (000029.SZ) | D | B | D | A | C | C |
| 05 | XDJD (600641.SH) | D | B | D | B | A | C |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/000838.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/000838.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/000838.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/000838.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**