China Fortune Land Development Co., Ltd. (SHA:600340)

China flag China · Delayed Price · Currency is CNY
1.580
-0.020 (-1.25%)
Mar 9, 2026, 3:00 PM CST
-36.03%
Market Cap 6.15B
Revenue (ttm) 13.74B
Net Income (ttm) -12.41B
Shares Out 3.89B
EPS (ttm) -3.17
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 81,966,360
Average Volume 154,185,970
Open 1.580
Previous Close 1.600
Day's Range 1.550 - 1.590
52-Week Range 1.420 - 3.640
Beta 0.69
RSI 42.12
Earnings Date Apr 30, 2026

About SHA:600340

China Fortune Land Development Co., Ltd. engages in the investment, development, construction, and operation of new industrial cities and commercial real estate in China. The company was formerly known as China Fortune Real Estate Development Co., Ltd. and changed its name to China Fortune Land Development Co., Ltd. in December 2007. The company was founded in 1993 and is headquartered in Beijing, China. [Read more]

Sector Real Estate
Founded 1993
Employees 10,191
Stock Exchange Shanghai Stock Exchange
Ticker Symbol 600340
Full Company Profile

Financial Performance

In 2024, SHA:600340's revenue was 23.77 billion, a decrease of -33.81% compared to the previous year's 35.91 billion. Losses were -4.82 billion, -20.08% less than in 2023.

Financial Statements

News

China Fortune Offers Unorthodox Plan to Cut $2.8 Billion Debt

China Fortune Land Development Co. is again pitching an unorthodox debt-reduction plan, after achieving success earlier this year in clearing up some 10 billion yuan ($1.4 billion) of borrowings at a ...

1 year ago - BNN Bloomberg