China Hgs Real Estate (HGSH) Posts Earnings Results
China Hgs Real Estate (NASDAQ:HGSH) announced its quarterly earnings data on Monday. The financial services provider reported $0.03 EPS for the quarter, RTT News reports. The business had revenue of $14.45 million during the quarter. China Hgs Real Estate had a net margin of 10.79% and a return on equity of 4.09%. During the same period in the prior year, the company posted $0.02 EPS.
China Hgs Real Estate (HGSH) traded down $0.04 during midday trading on Tuesday, reaching $1.40. 294,600 shares of the company were exchanged, compared to its average volume of 438,676. The company has a market capitalization of $64.87, a PE ratio of 10.00 and a beta of 4.34. China Hgs Real Estate has a twelve month low of $1.18 and a twelve month high of $4.48. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.08 and a current ratio of 0.08.
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China Hgs Real Estate Company Profile
China HGS Real Estate Inc, formerly China Agro Sciences Corp., is engaged in real estate development, primarily in the construction and sale of residential apartments, car parks and commercial properties. As of September 30, 2016, the Company had three types of real estate projects, including multi-layer apartment buildings, which were six stories or less; sub-high-rise apartment buildings, which were 7 to 11 stories; and high-rise apartment buildings, which were 12 to 33 stories.
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