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Home > Company Index > Real Estate > Real Estate Development > New China Homes, Ltd.
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New China Homes, Ltd. |
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PROFILE |
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New China Homes is the holding company for majority-owned subsidiary Shanghai Chingchu Property Development, which develops planned residential communities for middle-income families in China. Taking advantage of China's nascent land-ownership reforms, the company is developing its first project, California Gardens, near Shanghai. When finished, the project will include nearly 4,500 homes, 1,300 apartments, several schools, a medical clinic, and retail shopping. New China Homes has already sold more than 1,100 homes. The company is planning similar projects in Beijing and other major Chinese cities. Hong Kong real estate company Far East Consortium China Investments owns more than 75% of New China Homes.
COMPETITION |
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Henderson Land Development Company Limited (dossier)
Hysan Development Company Limited (HYSNY)
New World Development Company Limited (NDVLF)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 22.50
1-Yr. Sales Growth: (35.3)%
Employees: 78
Revenue per employee: $288,461.54
KEY PEOPLE |
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Michael C. N. O'Young
CEO
Denny C. H. Chan
CFO
CONTACT INFO |
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16/F Far East Consortium Bldg.
, Hong Kong
Phone: 852-2850-0600
Fax: 852-281-0412
Online: Web Site
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