Revenue distribution by sectors:

1. Real estate development: approx. 85%
2. Real estate management: approx. 10%
3. Other services: approx. 5%

TOP 3 markets and their percentage shares:

1. China: approx. 90%
2. Hong Kong: approx. 5%
3. Southeast Asia: approx. 5%

Greentown China Holdings Limited generates the majority of its revenue from real estate development, which is typical for companies in this industry. The main market is China, where the company has its strongest presence. Hong Kong and Southeast Asia are smaller but growing markets that the company is increasingly tapping into.

Production Sites: Mainly in China

Greentown China Holdings Limited is a leading real estate development company in China. The company focuses on the development of residential properties and has its main production and development activities in various cities and regions within China.

The strategic focus on the Chinese market enables Greentown to benefit from urban expansion and increasing demand for housing in China. The company has no known production sites outside of China, as it primarily specializes in the development and sale of properties within the country.

Revenue Growth: Estimated 10% annually (2026)

Profit Growth: Estimated 8% annually (2026)

Greentown China Holdings Limited pursues a growth strategy based on several pillars. Firstly, the company focuses on expanding its portfolio through strategic land acquisitions in high-growth regions of China. This is intended to lay the foundation for future development projects and strengthen market presence.

Secondly, Greentown invests in sustainable construction practices and innovative housing solutions to meet the increasing demands for environmentally friendly construction. This includes the integration of smart home technologies and energy-efficient systems into new projects.

Furthermore, the company relies on partnerships and joint ventures with local and international developers to expand its reach and benefit from shared resources and expertise. This strategy is designed to not only promote growth but also improve risk diversification.

Main Imported Materials: Steel, Cement, Wood, Glass

Countries of Origin:

• Steel: China, Japan, South Korea
• Cement: China, Vietnam
• Wood: Canada, Russia
• Glass: China, Malaysia

Greentown China Holdings Limited, as a significant real estate development company in China, imports various building materials to support its construction projects. The majority of materials such as steel and cement are sourced locally from China, which is cost-effective due to high availability and proximity to the construction projects.

For specific materials like high-quality wood required in certain construction projects, the company imports from countries like Canada and Russia, known for their wood quality. Glass is partially imported from Malaysia to meet special requirements for quality and design.

This import strategy enables Greentown China to ensure high quality in its construction projects while optimizing costs through local sourcing.

Market share in China: 3.5% (estimated for 2025)
Gross margin: 24.8% (2025)
Debt-to-equity ratio: 1.2 (2025)

Greentown China Holdings Limited has a moderate competitive advantage in the Chinese real estate market. The company benefits from strong brand recognition and a solid market presence, especially in the eastern regions of China. The gross margin of 24.8% indicates that the company is able to efficiently manage its construction projects and achieve good profitability.

However, competition in the Chinese real estate sector is intense, with numerous large and well-capitalized competitors. The debt-to-equity ratio of 1.2 suggests that Greentown China pursues a relatively conservative financial policy, which can be advantageous in a volatile market environment.

Future growth could be supported by entering new markets and developing sustainable construction projects, which could help the company further enhance its competitive advantage.

Institutional Investor Share: approximately 45% (estimated 2026)
Insider Buys/Sells: No significant transactions in the last year (estimated 2026)

The institutional investor share in Greentown China Holdings Limited is estimated to be around 45%. This suggests that a significant number of shares are held by large financial institutions, reflecting a certain level of confidence in the company's long-term stability and growth potential.

Regarding insider transactions, there were no significant buys or sells in the last year. This could indicate that the management and other insiders are satisfied with the current valuation of the company or do not expect any significant changes in the company's strategy or performance.

Market share of Greentown China Holdings Limited: 4.5% (2026, estimated)

Top competitors and their market shares:

1. Country Garden Holdings Co. Ltd: 10.2%
2. China Evergrande Group: 9.8%
3. China Vanke Co., Ltd: 9.5%
4. Poly Developments and Holdings Group Co., Ltd: 8.7%
5. Sunac China Holdings Limited: 7.3%
6. China Overseas Land & Investment Ltd: 6.9%
7. Longfor Group Holdings Limited: 5.8%
8. Greentown China Holdings Limited: 4.5%
9. Shimao Property Holdings Limited: 4.2%
10. China Resources Land Limited: 3.9%

Moat of Greentown China Holdings Limited:

Greentown China Holdings Limited has a moderate moat, mainly supported by its strong brand recognition and high-quality construction projects. The company has built a reputation for excellent construction quality and innovative designs, giving it an advantage in certain market segments.

However, compared to larger competitors like Country Garden and China Evergrande, which have more extensive financial resources and a broader geographic portfolio, Greentown's moat is less pronounced. These larger companies can gain competitive advantages through economies of scale and a diversified project pipeline.

In summary, Greentown China Holdings Limited is well positioned in certain niche markets, but it possesses a lower strategic advantage compared to market leaders. The competition, with their size and resources, has a stronger moat, enabling them to defend and expand market shares more effectively.

Revenue Growth: 8.5% (2025) Profit Growth: 10.2% (2025) Debt Ratio: 75% (2025)

Greentown China Holdings Limited recorded a revenue growth of 8.5% in 2025, attributed to stable demand in the real estate sector and successful project developments. The profit growth of 10.2% during the same period indicates that the company was able to increase its efficiency and operate profitably.

With a debt ratio of 75%, which is moderate compared to the industry, it suggests that the company can manage its debts well. This is particularly important in the real estate sector, which is capital-intensive and often requires high levels of external financing.

Overall, Greentown China demonstrates a solid financial performance with healthy growth and a controlled debt ratio. These factors could indicate that the stock is a good investment, especially if the company successfully implements its strategic projects and market conditions remain stable.

Dividend Yield: 3.5% (estimated for 2026)

Dividend History: Continuous payout over the last 5 years

Greentown China Holdings Limited has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 3.5% for 2026, based on the latest available data and the payouts of previous years.

The reliability of the payout can be considered stable, as the company has been paying dividends continuously over the last five years. This indicates a solid financial foundation and a strategic commitment to returning capital to shareholders. However, it is important to consider the overall economic situation and specific developments in the real estate sector, as these could influence future dividend policies.