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Huatai Securities analyst maintained a Buy rating on Greentown China Holdings yesterday and set a price target of HK$9.92.End of Quarter Sale - 50% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on Greentown China Holdings is a Strong Buy with an average price target of HK$12.23.

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GREENTOWN CHINA

GREENTOWN N2802

Huatai Securities Remains a Buy on Greentown China Holdings (GTWCF)

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CICC lowered the target price for GREENTOWN CHINA to HKD 14, expecting a 2.3% decline in operating revenue to RMB 155 billion in 2025, with property development revenue remaining flat and a slight decrease in gross margin. The net profit attributable to the parent company is expected to be RMB 70 million, compared to RMB 1.6 billion in 2024. Earnings forecasts for 2026 and 2027 have been reduced by 39% and 41%, respectively. The rating is maintained at "outperform the industry."

AASTOCKS

Yinhua CSI Interior Real Estate Theme ETF

Hwabao WP CSI 800 Real Estate ETF

ChinaAMC CSI All Share Real Estate ETF

China Southern CSI All Share Real Estate ETF

CICC

In "The Big Banks," CICC lowers the target price for GREENTOWN CHINA to 14 yuan, reducing the profit forecast for this year and next year by about 40%

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Greentown China Holdings (SEHK:3900) reported FY 2025 results with a revenue of C¥53.4b and basic EPS of C¥0.08, reflecting thin margins and volatile earnings. The trailing net profit margin is at 0.05%, down from 1% a year earlier, raising concerns about profitability and cash flow. Despite a return to profit in 1H 2025, debt coverage remains weak, and the stock trades at a low P/S of 0.1x compared to industry averages. Investors are urged to consider both the bearish and bullish narratives surrounding the company's financial health and valuation.

Simplywall

GREENTOWN MGMT

Greentown China Holdings (SEHK:3900) Thin 0.05% Net Margin Reinforces Bearish Narratives

HSBC Research has lowered the target price for GREENTOWN CHINA to 9.5 yuan, maintaining a "Hold" rating. The report pointed out that GREENTOWN CHINA's net profit plummeted by 96% last year, mainly due to high minority interest distribution and losses from joint ventures. Management holds a cautious attitude towards this year's sales and land investments, expecting the stock price to remain range-bound in the short term. Considering the slowdown in sales and revenue recognition, HSBC has reduced its revenue forecasts for 2026 and 2027 by 5% and 14%, respectively, and lowered its profit forecasts by 78% and 55%

The "Big Banks" report lowered the target price for GREENTOWN CHINA to 9.5 yuan, maintaining a "Hold" rating

The management of GREENTOWN CHINA stated at the 2025 annual performance meeting that profits are expected to remain under pressure this year, mainly due to inventory destocking leading to a decline in gross margin, and an asset impairment provision of RMB 4.9 billion. The real estate market is still in the bottoming phase, with a slowdown in land market supply and a scarcity of quality land, posing the biggest challenges for investment in recent years. The management will continue to focus on cash flow and profits, maintain a stable dividend policy, and has no plans for adjustments at this time

"Domestic Real Estate" GREENTOWN CHINA: Expects profits to remain under pressure this year, land acquisition and investment work may face the biggest challenge in recent years

Greentown China's Profit Plunges 96% in 2025

marketscreener

Greentown China's Profit Plunges 96% in 2025

Greentown China Holdings has announced a significant board reshuffle following the retirement of long-serving CEO Guo Jiafeng, effective March 30, 2026. Geng Zhongqiang has been appointed as acting CEO. The changes include the resignation of non-executive director Andrew On Kiu Chow and independent non-executive director Zhu Yuchen, with new appointments including Kevin Kwok Pong Chan and Xiong Liangjun. The company aims to refresh its governance structure amidst these transitions. The latest analyst rating for Greentown's stock (HK:3900) is a Hold with a price target of HK$11.50.

Greentown China overhauls board as long-serving CEO Guo Jiafeng retires

Greentown China Details Board and Committee Structure

Greentown China Details Board and Committee Structure

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Wheelock, MTC Co-developed Project to Put Up 93 Units For Sale

WHARF HOLDINGS

WHARF REIC

Wheelock, MTC Co-developed Project to Put Up 93 Units For Sale

Greentown China Holdings (SEHK:3900) has projected a 95% decline in 2025 profit due to thinner margins and asset impairments. Despite a recent share price increase of 28.67% over 90 days, the company faces a significant loss of CN¥238.569m. The current Price to Sales (P/S) ratio stands at 0.2x, indicating it may be undervalued compared to peers. A discounted cash flow analysis suggests a fair value of HK$19.20, highlighting a potential investment opportunity, though risks remain due to profit pressures and market sentiment.

Greentown China Holdings (SEHK:3900) Valuation After 95% Profit Guidance Decline And Destocking Efforts

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UBS stated that WHARF HOLDINGS recorded a basic profit of HKD 4.1 billion for the fiscal year 2025, an increase of 47% year-on-year, in line with expectations. The profit growth was mainly due to a reduction in impairment provisions related to properties developed in mainland China. WHARF has turned to hold a net cash of HKD 2 billion and maintains an interim dividend of HKD 0.2 per share. Management is optimistic about the luxury residential market in Hong Kong and plans to launch new projects in 2026. UBS has given WHARF a "Sell" rating with a target price of HKD 16.3

HARBOUR CENTRE

"Big Banks" UBS: Wharf's performance last year met expectations, upgraded to Hold with net cash

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K. Wah International Holdings' Huang Zhu Keng DEEP WATER SOUTH Phase 6A will open its show units to the public this weekend, with the first price list expected to be announced within 24 hours. Phase 6B GRANDE BLANC was tendered the day before yesterday, selling 8 large houses in a single day, cashing out over HKD 387 million. Phase 6A MONT BLUE offers 463 units, with usable areas ranging from 297 to 2,011 square feet, and unit types covering one-bedroom to three-bedroom suites, with show units including two one-bedroom and two two-bedroom suites

GF CSI All Share Financials ETF

The new project Huangzhukeng Deep Water South Phase 6A will offer prices within 24 hours at the earliest

On March 13th, Shanghai Zhiyou Real Estate Co., Ltd., a subsidiary of GREENTOWN CHINA, won a residential land parcel in the Qingpu District of Shanghai for 2.675 billion yuan, with a premium rate of 6.57%. The parcel attracted two bidders during the on-site bidding, and after 33 rounds of bidding, the transaction floor price was 31,972 yuan per square meter, not reaching the suspension price of 3.263 billion yuan

Wallstreetcn

Shanghai's first batch of centralized land supply in 2026: GREENTOWN CHINA won the Qingpu Xujing residential land for 2.675 billion yuan, with a premium rate of 6.57%

The chairman of WHARF HOLDINGS, Wu Tianhai, expressed optimism about the Hong Kong residential market during the earnings conference, stating that the group has no debt pressure and is therefore not in a hurry to sell properties. He mentioned the impact of the Middle East situation on new shipping route arrangements, with some shipping companies delaying new arrangements due to the worsening situation. At the same time, the increase in property income in Hong Kong is expected to offset the impact of a weak mainland market. Wu Tianhai pointed out that Hong Kong's port faces competition from neighboring regions, especially as the throughput of Shenzhen and Nansha has already surpassed that of Hong Kong

Wu Tianhai: Optimistic about the future of the Hong Kong residential market, the situation in the Middle East has delayed the arrangement of new signed routes

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Huatai Securities Remains a Buy on Greentown China Holdings (GTWCF)

In "The Big Banks," CICC lowers the target price for GREENTOWN CHINA to 14 yuan, reducing the profit forecast for this year and next year by about 40%

Greentown China Holdings (SEHK:3900) Thin 0.05% Net Margin Reinforces Bearish Narratives

The "Big Banks" report lowered the target price for GREENTOWN CHINA to 9.5 yuan, maintaining a "Hold" rating

"Domestic Real Estate" GREENTOWN CHINA: Expects profits to remain under pressure this year, land acquisition and investment work may face the biggest challenge in recent years