Greenland

Always innovating. Greenland. Group members: MC144525 ZHANG CHUNYI (Stella) MC144241 ZHONG SHENGXIAO(Lindsey) MC144431 HAN JINJUN (Kame) MC144278 ZHAO RUNXIN (Agnes) MC144269 ZHENG LINNA (Linna).

Contents. Using ratio analysis and compare with leaders in the market..

1 . Introduction. Yåfrgnland.

About Greenland. Greenland Holding Group Co, Ltd. (referred to as "Greenland" or “Greenland Group”) is a globally operated conglomerate founded on July 18,1992, headquartered in Shanghai, China, listed in China A shares (600606.SH) and holding a Hong Kong-listed company. Founded 29 years, green space has formed in the global "real estate, infrastructure, consumption, finance, health, scientific and technological innovation industry coordinated development" diversified management pattern, the implementation of capitalization, public, international development strategy, development business across five continents..

History numbers. On the 2020. Total assets. 4561/亿元.

The nationalization strategy was launched. History.

Accelerate the process of internationalization. History.

R eal estate. Dujiangyan Greenland Qingcheng Town.

Board of directors. ZHANG YULIANG (Chairman). ZHANG YUN ( Director ).

Top ten shareholders.

Organization charts.

2 .Ratio Analysis. Yåfrgnland.

2.1 Efficiency of the company’s operation 2.2 Financial strengths(Short-Term and Long-Term) 2.3 Profitability.

2.1.1 In ventory Turnover. increased year by year from 2017 to 2019, and fell slightly in 2020 the inventory turnover of Greenland Group is always higher than the industrial average.

2.1.2 Accounts Receivable Turnover. The accounts receivable turnover of Greenland Group declined for three years from 2017 to 2020 dramatically The accounts receivable turnover of Greenland Group is much lower than the industrial average..

2.1.3 Pay able Turnover. The accounts receivable turnover of Greenland Group declined for three years from 2017 to 2020 dramatically The accounts receivable turnover of Greenland Group is much lower than the industrial average..

2.1.4 Cash Conversion Cycle. From 2017 to 2020, the cash conversion cycle of Greenland Group has gradually decreased. The cash conversion cycle of Greenland Group is far below that of the industry average..

2.1.5 Asset Turnover. The asset turnover of Greenland Group from 2017 to 2019 maintained a steady and gradual growth, but declined in 2020. T he asset turnover of Greenland Group from 2017 to 2020 was still much higher than the industry average,.

2.2.1 Current Ratio. It can be seen that the current ratio of Greenland Group decreases year by year from 2017 to 2020. Compared with the Industrial Average, the figures of Greenland Group are lower than the average..

2.2.2 Quick Ratio. The quick ratio of Greenland Group fluctuated during the four years and was always lower than the industry average. Before 2020, the quick ratio was far behind the industry average..

2.2.3 D ebt Ratio. For Greenland, the trend of debt ratio for Greenland was stable during the last 4 years. The Greenland and the whole real estate industry are capable of paying off debts..

2.2.4 T imes-interest-earned Ratio. In 2018, the Greenland reached a summit and then it decreased to 5.29 in 2020. Their figures were above 1.5, which revealed the company had enough profit to pay interest..

2.3.1 Gross Profit Margin. The tendency of Greenland was more stable which only decreased by 6.7%. Whereas, the gross profit margin of G reenland was at least twice as low as that of the industrial average, showing a negative investment future..

2.3.2 Operating Profit Margin. The operating profit margin of Greenland declined more slowly than that of industrial average. The Greenland has a low potential development..

2.3.3 Net Profit Margin. The net profit margin of Greenland changed stable. The investor may not be satisfied with the Greenland’s performance during the last 4 years..

3.3.4 ROA. The ROA of both them were all less than 5%, decreased year by year. The lower ROA measures the asset return rate of the whole real estate industry is low..

2.3.5 ROE. Before 2019, the company has a lower ROE than industrial average, but after 2019, the situation was opposite. T he ROE of the whole industry showed a downward trend, so it is a bad time to invest real estate..

3.Marketing & Management Analysis. Yåfrgnland.

SWOT Analysis. - Low gross margin of infrastructure construction - High debt ratio - High inventory turnover results in various problems.

Infrastructure Construction: High Cost & Low return rate.

SWOT Analysis. - Low gross margin of infrastructure construction - High debt ratio - High inventory turnover results in various problems.

Porter Five Forces Analysis. Threat of substitutes: Cannot Define.

Boston Consulting Group (BCG) Matrix.

4.Conclusion & Advice. Yåfrgnland.

Invest or not?. · Macroeconomic perspective · Quantitative analysis · Company operation perspective.

(1)The debt-to-asset ratio after excluding advance receipts does not exceed 70% (2)The net capital gearing ratio does not exceed 100% (3)The cash short-term debt ratio is not less than one. 3, no more new debt 2,the annual growth rate of debt should not exceed 5%; 1,the annual growth rate of debt should not exceed 10% 0,the annual growth rate of debt should not exceed 10%.

Quantitative Analysis-P/E Ratio. Year Average Max. Min. 2020 5.64 8.21 4.44 2019 6.79 8.72 5.51 2018 9.07 15.7 6.3 2017 12.45 13.78 10.82.

Quantitative Analysis-P/E Ratio. 1137204153. 市盈率折现图.

Quantitative Analysis-EPS. EPS柱状图. 0.74. 0.93. 1.21.

Quantitative Analysis-Market Price. 价格 折线图. The stock price does not have absolute lows and highs, only permanent spreads..

Highlight 2 Diversification. Shanghai Rural Commercial Bank 4% Jinzhou Bank 3.84%.

. SHORT -TERM. Not recommended. LONG-TERM. Diamond in the rough.

THANKS.