Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
47.17B | 41.62B | 78.29B | 71.08B | 57.48B | Gross Profit |
-4.51B | -4.78B | 17.11B | 21.33B | 18.13B | EBIT |
-5.45B | -7.96B | 13.45B | 17.96B | 15.53B | EBITDA |
-5.40B | -5.82B | 13.51B | 18.02B | 15.59B | Net Income Common Stockholders |
-8.93B | -8.61B | 9.98B | 13.02B | 11.27B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
13.17B | 14.10B | 37.11B | 41.04B | 39.72B | Total Assets |
248.38B | 278.32B | 285.90B | 243.51B | 206.01B | Total Debt |
89.90B | 77.76B | 80.76B | 73.70B | 56.70B | Net Debt |
76.73B | 63.66B | 43.65B | 32.66B | 16.97B | Total Liabilities |
215.65B | 226.45B | 218.13B | 182.84B | 163.02B | Stockholders Equity |
27.48B | 36.78B | 47.89B | 42.40B | 34.19B |
Cash Flow | Free Cash Flow | |||
7.12B | -12.00B | 4.53B | 1.16B | 5.79B | Operating Cash Flow |
7.19B | -11.86B | 4.75B | 1.23B | 5.87B | Investing Cash Flow |
4.34B | 29.05B | -32.98B | -273.74M | 8.22B | Financing Cash Flow |
-13.05B | -30.74B | 12.62B | 1.69B | -10.69B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
59 Neutral | $2.73B | 11.65 | 0.11% | 8783.19% | 5.45% | -17.32% | |
33 Underperform | $5.00B | ― | -29.26% | ― | -51.42% | 29.94% | |
33 Underperform | $4.05B | ― | -71.13% | ― | -50.62% | 12.86% | |
24 Underperform | $479.21M | ― | -3320.67% | ― | -38.81% | -263.64% |
Logan Group Company Limited has announced its upcoming Annual General Meeting (AGM) to be held on June 19, 2025, in Hong Kong. The meeting will address several key agenda items, including the reception of the company’s audited financial statements for the year ending December 31, 2024, and the re-election of directors. Additionally, the AGM will consider granting general mandates to the directors for buying back shares and issuing new shares, which could impact the company’s capital structure and shareholder value.
Logan Group Company Limited reported a net loss of RMB6.62 billion for the year ended December 31, 2024, primarily due to a low gross profit margin amid a continued downturn in the real estate industry and inventory impairment provisions. Despite recognizing revenue of RMB23.26 billion, the company’s financial performance reflects ongoing challenges in the sector, impacting its operations and stakeholders.
Logan Group Company Limited has announced a change in its company secretary and authorized representative. Ms. Li Yan Wing, Rita has resigned due to work relocation, and Ms. So Ka Man has been appointed in her place, effective March 27, 2025. Ms. So brings over 20 years of experience in corporate secretarial and compliance services and is recognized as a chartered secretary and governance professional. This change is expected to maintain the company’s compliance and governance standards, with no disagreements or issues reported by Ms. Li upon her departure.
Logan Group Company Limited has announced that its board of directors will meet on March 27, 2025, to consider and approve the company’s final results for the year ending December 31, 2024. The board will also discuss the recommendation of a final dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.
Logan Group Company Limited has successfully secured the support of creditors holding over 80.8% of its offshore debt, amounting to approximately US$6,207 million, as part of its holistic restructuring efforts. The company is focused on implementing the restructuring proposal promptly to safeguard creditors’ interests and invites remaining creditors to join the agreement.
Logan Group Company Limited announced the successful progress of its holistic restructuring plan, with 76.4% of its offshore creditors agreeing to the creditor support agreement. The company extends gratitude to its consenting creditors and encourages remaining creditors to join before the upcoming deadline to facilitate the restructuring process.
Logan Group Company Limited has announced significant progress in its holistic restructuring efforts, having secured strong support from offshore creditors for its restructuring proposal. As of late January 2025, creditors holding more than 66% of the company’s offshore debt have agreed to the restructuring plan, with additional creditors expressing intent to join after internal approvals. The company plans to seek court approval to expedite the implementation of the restructuring proposal, aiming to protect creditor interests and enhance operational stability.