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Joy City Property

Joy City Property
PUBLIC STATUS
1K-5K EMPLOYEES
00207 STOCK SYMBOL
3 INVESTMENTS
$0.11 SHARE PRICE (As of Friday Closing)
Description

Joy City Property is a mid-size property developer in China, with a focus on commercial retail assets. Rental income accounts for 40% of the operating profit. The company's portfolio consists of 14 retail malls under the flagship brand of Joy City, and some office and hotel assets. Recently, it introduced a second brand called Joy Breeze, consisting of smaller retail assets between 50,000 square meters to 120,000 square meters. The firm is a subsidiary of COFCO Group, a prominent central government SOE with a variety of businesses in food processing and manufacturing. A recent corporate restructuring placed the company under the control of COFCO property. COFCO Property, also a subsidiary of COFCO group, is a midsize residential developer, which was renamed Grand Joy after restructuring.

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Holding Companies
Other Industries
Real Estate Investment Trusts (REITs)
Stock Exchange
HKG
Primary Office
  • 33/F., Top Glory Tower, 262 Gloucester Road
  • Causeway Bay
  • Hong Kong
  • Hong Kong

+852 2833 0000
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Joy City Property Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$0.10 - $0.16 $1.64B $0.11 $0.01 3.02M 14.2B

Joy City Property Financials Summary

In Thousands,
USD
TTM
30-Jun-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 6,232,101 4,670,344 5,459,237 4,871,959
Revenue 1,587,901 1,228,809 1,725,044 1,048,983
EBITDA 767,155 802,871 753,515 525,751
Net Income 189,474 317,941 170,638 119,742
Total Assets 14,907,825 14,371,346 13,229,380 11,888,402
Total Debt 4,094,726 3,414,067 2,693,058 2,626,388
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Joy City Property Investments & Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 000000 00 31-Mar-2015 000000000000000000 00000 Real Estate Services (B2C)
00000000 00000 000 24-Mar-2015 000000000000000000 000 Real Estate Services (B2C)
Yalong Development 01-Aug-2014 Secondary Transaction - Private 00000 Holding Companies
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Joy City Property Executive Team (1)

Name Title Board
Seat
Contact
Info
Zhou Zheng Chairman

Joy City Property Board Members (1)

Name Representing Role Since Contact
Info
0000 00000 Joy City Property Chairman 000 0000