China Development Holdings

China Development Holdings (600606) Stock Price, Fundamentals & Analysis

StockShanghai Stock ExchangeCSI 300Real Estate

Price

1.43 CNY

-5.3%

Last trade: Sep 24, 2026, 03:00 PM GMT+8

Updated: Sep 27, 2026, 05:31 PM GMT+8

Price history

Over the past year 600606 traded between 1.21 CNY and 1.9 CNY, closing at 1.43 CNY on Sep 24, 2026.

Key statistics

Market cap20.1B CNY
Forward P/E5.3
EPS (TTM)-1.64 CNY
Dividend yield0%
Annual dividend0 CNY
Ex-dividend dateJul 20, 2021
Payout ratio0%
52-week range1.2 – 1.92
52-week change-21.9%
Beta0.63
Price / book0.52
Revenue (TTM)152.79B CNY
Revenue growth (YoY)-33.6%
Gross margin1%
Operating margin0.4%
Profit margin-15.1%
Return on equity-29.8%
Debt / equity255.7
Volume410,342,667
Average volume144,515,027
ExchangeShanghai

Profile

Sector
Real Estate
Industry
Real Estate Services
Employees
35,878
Headquarters
Shanghai, China

Greenland Holdings Corporation Limited, together with its subsidiaries, engages in the real estate development business in China, Hong Kong, Macau, Taiwan, and internationally. It operates through the Real Estate and Related Industries; Consumer and Producer Services Industries; Financial Investment Industry; Large Infrastructure Industry; and Other Business segments. The company develops residential, high-rise buildings, large-scale urban complexes, high-speed rail new towns, characteristic towns, international convention and exhibition centers, and modern industrial parks; and undertakes infrastructure projects, including rail transit, highways, and municipal bridges. It is also involved in real estate operations; imported goods, cross-border trade, hotels and tourism, energy supply, and automobile sales and services; and housing and infrastructure construction, financial information services, landscaping, engineering, and property management.

Overview

What 600606 does

China Development Holdings (600606) is a stock listed on the Shanghai Stock Exchange that operates in the Real Estate sector, specifically within Real Estate Services. The company, known as Greenland Holdings Corporation Limited, develops residential and commercial properties, high-rise buildings, large urban complexes, and infrastructure projects such as rail transit and highways across China, Hong Kong, Macau, Taiwan, and internationally. It also has interests in financial investment, large infrastructure, consumer services, and property management. Within the Chinese real estate space, it is sometimes compared with peers like Poly Real Estate Group (600048), Hainan Airport Infrastructure (600515), and Future Land Holdings (601155), and it is part of the CSI 300 index.

Key numbers explained

  • 1.43 CNY is the current price, representing the cost of one share in the local currency.
  • -5.3% is the price change today, showing the intraday percentage movement.
  • 20.1 mld. CNY is the market capitalisation, the total market value of all outstanding shares.
  • The forward P/E ratio of 5.3 divides the current price by expected future earnings, with a lower figure often interpreted as the market pricing in lower growth or higher risk.
  • Earnings per share for the trailing 12 months is -1.64 CNY, indicating the company reported a loss per share over that period.
  • The dividend yield is 0%, as the company paid no dividends, with the ex-dividend date recorded as 20 iul. 2021 and 0% of earnings distributed.
  • Beta of 0.63 suggests the stock has historically been less volatile than the overall market.
  • -21.9% is the price change over the last 52 weeks, reflecting a decline from one year ago to the current price.

What to watch

For a stock like China Development Holdings (600606), investors typically monitor the health of the broader Chinese real estate market, regulatory changes affecting property developers, and the company's ability to manage its debt levels, given a debt-to-equity ratio of 255.7%. Revenue trends are also relevant, with trailing 12-month revenue of 152.79 mld. CNY showing a -33.6% year-over-year decline. The stock's low price-to-book value of 0.52 and negative return on equity of -29.8% are figures that analysts and trackers may reference when assessing the company's current financial position.

Latest news & filings

No recent headlines.

Frequently asked questions

Does 600606 pay a dividend?

Based on the available data, China Development Holdings (600606) has a dividend yield of 0%, with 0% of earnings paid out as dividends and an ex-dividend date of 20 iul. 2021.

What is the 600606 P/E ratio?

The forward P/E ratio for China Development Holdings (600606) is 5.3, based on expected earnings. The trailing 12-month earnings per share is -1.64 CNY.

Where can I buy 600606?

China Development Holdings (600606) is listed on the Shanghai Stock Exchange, so it can be purchased through brokers that provide access to that market.

What sector and industry is 600606 in?

China Development Holdings (600606) operates in the Real Estate sector, specifically within the Real Estate Services industry.

How has 600606 performed over the last year?

Over the last 52 weeks, the price of China Development Holdings (600606) has changed by -21.9%, with a 52-week range of 1.2 to 1.92 CNY.

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Data updated Sep 27, 2026, 05:31 PM GMT+8. Sources: Yahoo Finance, Bucharest Stock Exchange.

For information and education only — not investment advice. Prices may be delayed. The overview is generated with AI from the data shown on this page.