RiseSun Real Estate Development Co.,Ltd (002146.SZ) Bundle
A Brief History of RiseSun Real Estate Development Co.,Ltd
RiseSun Real Estate Development Co., Ltd. was established in 1994 and has grown to become one of China's prominent real estate developers. Headquartered in Beijing, the company specializes in residential and commercial property development across major cities.
As of 2022, RiseSun had developed over 16 million square meters of property, primarily focusing on residential projects, with a growing portfolio in commercial and mixed-use properties. In 2021, the company reported revenue of approximately RMB 37.8 billion, exhibiting a year-on-year growth of 12%.
Key Milestones
- 1994: Company founded in Beijing.
- 2007: RiseSun launched its initial public offering (IPO) on the Shenzhen Stock Exchange.
- 2010: Achieved annual sales exceeding RMB 10 billion for the first time.
- 2015: Expanded into the commercial real estate sector with the launch of business parks.
- 2021: Reported annual revenue of RMB 37.8 billion and net profit of RMB 4.5 billion.
Financial Performance
In 2022, RiseSun's total assets reached RMB 120 billion. The company reported a gross profit margin of 24% for the fiscal year, indicating effective cost management and pricing strategies amidst fluctuating market conditions.
| Year | Revenue (RMB billion) | Net Profit (RMB billion) | Total Assets (RMB billion) | Gross Profit Margin (%) |
|---|---|---|---|---|
| 2019 | 32.5 | 3.9 | 98 | 23 |
| 2020 | 33.8 | 4.1 | 105 | 22 |
| 2021 | 37.8 | 4.5 | 115 | 24 |
| 2022 | 39.2 | 4.7 | 120 | 25 |
As of mid-2023, RiseSun has maintained a strong foothold in the market, with over 200 projects under development or planned. The company also emphasizes sustainability, with initiatives aimed at developing eco-friendly housing and commercial spaces, aligning with government policies on green building.
RiseSun's stock performance on the Shenzhen Stock Exchange has shown resilience, trading at around RMB 8.50 per share in October 2023, reflecting a moderate increase from its previous year despite broader market volatility in the real estate sector.
Furthermore, RiseSun has been actively expanding its footprint internationally, seeking opportunities in Southeast Asia, with joint ventures established in Thailand and Vietnam as part of its growth strategy.
A Who Owns RiseSun Real Estate Development Co.,Ltd
RiseSun Real Estate Development Co., Ltd. operates primarily in China, specializing in residential and commercial properties. As of the latest reports, the significant shareholders of the company include a mix of institutional investors and private stakeholders.
Based on the latest available data, the ownership structure is as follows:
| Shareholder | Ownership Percentage | Type of Ownership |
|---|---|---|
| China Sunrise Capital | 25% | Institutional |
| Fosun International | 15% | Institutional |
| Jiangsu Zhengrong Group | 10% | Corporate |
| Public Float | 50% | Retail Investors |
As of the end of the fiscal year 2022, RiseSun reported a total revenue of approximately RMB 15 billion (around $2.3 billion), reflecting a year-over-year growth of 12%. The net profit for the same period was noted at RMB 1.5 billion (approximately $230 million), leading to a profit margin of 10%.
The company's market capitalization as of early October 2023 stands at approximately RMB 30 billion (about $4.6 billion), indicating its significant position within the Chinese real estate sector. This capital structure shows a healthy leverage ratio of 1.2, which is considered sustainable in the current market conditions.
In terms of debt, RiseSun holds around RMB 20 billion (approximately $3.1 billion) in long-term liabilities, primarily sourced from domestic banks. The debt-to-equity ratio is reported at 0.6, showcasing the company's capacity to manage its debt load effectively.
The performance of RiseSun's stock has shown a volatility index of 3.5%, aligning with market trends influenced by government regulations and economic fluctuations in the real estate market. As of October 2023, the stock price is recorded at around RMB 8.5 per share, a slight increase from RMB 7.9 in the previous quarter.
RiseSun's strategic partnerships enhance its market presence, with collaborations with local governments for urban development projects and joint ventures with international firms, further solidifying its competitive edge.
RiseSun Real Estate Development Co.,Ltd Mission Statement
RiseSun Real Estate Development Co., Ltd., founded in 1997, is committed to the vision of developing sustainable and innovative real estate projects that enhance the quality of urban life. The company aims to transform urban landscapes while meeting the diverse needs of communities and promoting environmental stewardship.
As of 2023, RiseSun operates in over 30 cities across China, with a focus on residential, commercial, and mixed-use developments. The company reported a total revenue of approximately ¥28.5 billion (around $4.3 billion) in 2022, reflecting a growth of 12% year-over-year.
RiseSun's mission emphasizes three core values:
- Sustainability: Implementing eco-friendly practices in building design and construction to minimize environmental impact.
- Innovation: Utilizing advanced technologies and smart building solutions to enhance living and working environments.
- Community Engagement: Actively participating in community development and ensuring that projects align with local needs and aspirations.
The company's financial performance highlights its commitment to these values. For instance, in 2022, RiseSun invested approximately ¥3.5 billion in sustainable development projects, representing about 12.3% of its total capital expenditure.
| Year | Total Revenue (¥ billion) | Net Profit (¥ billion) | Capital Expenditure (¥ billion) | Percentage of Investment in Sustainability |
|---|---|---|---|---|
| 2019 | 23.1 | 3.1 | 4.3 | 10% |
| 2020 | 24.5 | 3.5 | 4.8 | 11% |
| 2021 | 25.5 | 3.7 | 5.0 | 11.5% |
| 2022 | 28.5 | 4.2 | 5.5 | 12.3% |
Moreover, RiseSun's real estate projects often incorporate green building certifications, such as LEED and China Green Building Label, reinforcing its dedication to sustainable practices. In 2022, the company completed 12 new projects, of which 8 received a green building certification, signifying a significant alignment with global sustainability standards.
The mission of RiseSun is also fulfilled through collaboration with governmental and non-governmental organizations. The company has partnered with various stakeholders to promote affordable housing solutions, thereby addressing the pressing issue of urban housing shortages in several key markets.
Looking forward, RiseSun aims to increase its presence in the market by targeting a 15% annual revenue growth rate over the next five years, focusing on urban redevelopment projects and expanding its portfolio in tier-1 and tier-2 cities in China.
How RiseSun Real Estate Development Co.,Ltd Works
RiseSun Real Estate Development Co., Ltd. operates primarily in the real estate sector in China, focusing on residential and commercial property development. Established in 1995, the company has expanded its footprint across various provinces, emphasizing sustainable development practices.
In terms of financial performance, RiseSun reported total revenue of approximately RMB 9.62 billion for the fiscal year ending December 31, 2022. This marks a slight decrease from the previous year's revenue of RMB 10.12 billion, largely attributed to market fluctuations and regulatory changes affecting the Chinese real estate market.
The company’s profitability, measured by net income, stood at approximately RMB 1.21 billion in 2022, compared to RMB 1.43 billion in 2021. The decline in net income is indicative of increased competition and tightening government policies surrounding the real estate sector.
RiseSun has a robust asset management strategy, with total assets reported at RMB 73.24 billion at the end of 2022, reflecting an increase from RMB 67.88 billion in 2021. The company’s debt-to-equity ratio stands at 1.25, signaling a higher reliance on debt financing relative to equity.
| Financial Metrics | 2022 | 2021 |
|---|---|---|
| Total Revenue (RMB) | 9.62 billion | 10.12 billion |
| Net Income (RMB) | 1.21 billion | 1.43 billion |
| Total Assets (RMB) | 73.24 billion | 67.88 billion |
| Debt-to-Equity Ratio | 1.25 | 1.15 |
RiseSun's project development strategy is diversified. The company has engaged in over 80 property development projects across various cities, with a focus on large-scale residential complexes, shopping malls, and mixed-use developments. Key cities include Beijing, Shanghai, and Chengdu, where it boasts significant market share.
In addition to traditional property development, RiseSun is investing in smart city initiatives, aiming to enhance urban living environments through technology integration. The company plans to allocate approximately RMB 1 billion over the next five years to enhance its technological capabilities in project management and client engagement.
RiseSun also emphasizes sustainability in its operations. The company has implemented green building practices in 50% of its projects, aligning with China's national strategy for sustainable urban development. This includes eco-friendly designs and energy-efficient systems aimed at reducing environmental impact.
The company’s market position is further supported by strategic partnerships with local governments and other real estate firms, which facilitate land acquisition and project approvals. As of 2023, RiseSun holds land reserves exceeding 10 million square meters, providing a solid pipeline for future development.
Overall, RiseSun Real Estate Development Co., Ltd. continues to navigate a challenging real estate landscape, leveraging its extensive experience, financial strength, and commitment to sustainability to foster growth and respond to market demands.
How RiseSun Real Estate Development Co.,Ltd Makes Money
RiseSun Real Estate Development Co., Ltd primarily generates revenue through property development, sales, and leasing. The company operates in various segments of real estate, focusing on residential, commercial, and mixed-use projects.
For the fiscal year 2022, RiseSun reported total revenue of approximately RMB 21.8 billion, indicating a growth of 12.3% from the previous year. The breakdown of revenue sources is as follows:
| Revenue Source | Amount (RMB billion) | Percentage of Total Revenue |
|---|---|---|
| Residential Property Sales | 15.2 | 69.7% |
| Commercial Property Sales | 4.1 | 18.8% |
| Leasing Income | 2.5 | 11.5% |
The company's project pipeline includes significant residential developments, with over 30 projects under construction as of the end of 2022. These projects are located across major urban centers, targeting high-demand markets.
In addition to property sales, RiseSun also earns through leasing commercial spaces. For 2022, the leasing segment brought in approximately RMB 2.5 billion, a 9.6% increase compared to 2021. The company has successfully maintained an occupancy rate of over 90% in its commercial properties, contributing to stable recurring income.
Furthermore, RiseSun engages in joint ventures and partnerships to expand its market reach. These collaborations have enabled strategic investments in high-potential projects, with over RMB 5 billion committed to joint developments in 2022, reflecting their strategy of leveraging financial resources and local expertise.
RiseSun’s profitability is also supported by its cost control measures. For the same fiscal year, the company reported an operating margin of 18%, indicating effective management of development costs and operational efficiency.
The firm maintains a strong financial position with total assets valued at RMB 80 billion as of the end of 2022. This includes significant land bank holdings, with approximately 9 million square meters of land across various regions, ensuring a robust pipeline for future developments.
In terms of market presence, RiseSun has positioned itself well among its peers in the Chinese real estate sector. Reported net profit for 2022 stood at approximately RMB 2.4 billion, which marks a 14.5% increase year-over-year.
Overall, RiseSun's multifaceted approach to real estate development, combining property sales, leasing, and strategic partnerships, enhances its revenue streams and supports sustainable growth in a competitive market landscape.
RiseSun Real Estate Development Co.,Ltd (002146.SZ) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.