000620.SHE Macrolink Real Estate Co Ltd
- Market cap
- CNY 15.4B
- P/E
- -
- P/B
- 4.12x
- ROE
- 2.3%
- Dividend yield
- 0.44%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000620.SHE undervalued?
Graham numberThe Graham number of Macrolink Real Estate Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Macrolink Real Estate Co Ltd fundamental analysis
No fundamental analysis for Macrolink Real Estate Co Ltd yet.
Macrolink Real Estate Co Ltd stock price
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About Macrolink Real Estate Co Ltd
Winnovation Culturaltainment Development Limited, together with its subsidiaries, engages in real estate development activities in China and internationally. It operates through Real Estate, Cultural and Tourism, and Other segments. The company is involved in the development and operation of cultural and tourism scenic spots covering museums, cultural performances, entertainment experiences, homestays, hotels, guest houses, and cultural tourism design institutes; hotel manag…
Full company profileMacrolink Real Estate Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Macrolink Real Estate Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 7.52B | 7.44B | 14.0B | 12.0B | 7.08B | 8.60B | 5.25B | 3.88B | 3.04B | 1.71B | 2.19B |
| Gross Profit | 2.16B | 2.36B | 4.69B | 4.32B | 1.75B | 822M | 1.01B | 302M | 512M | 167M | 195M |
| Operating Income | 723M | 1.16B | 1.90B | 1.38B | -1.01B | -3.33B | -2.89B | 1.13B | -411M | -129M | -159M |
| EBITDA | 831M | 1.10B | 2.36B | 2.29B | 639M | -576M | 531M | -172M | 145M | -877M | 226M |
| Net Income | 524M | 848M | 1.19B | 810M | -1.29B | -3.89B | -3.42B | 352M | -533M | -1.17B | 86.2M |
| EPS | 0.28 | 0.45 | 0.63 | 0.43 | -0.68 | -2.05 | -1.80 | 0.19 | -0.09 | -0.20 | 0.01 |
| Balance Sheet | |||||||||||
| Total Assets | 44.6B | 51.5B | 53.6B | 53.1B | 50.4B | 43.1B | 39.3B | 14.8B | 12.2B | 10.8B | 9.49B |
| Total Liabilities | 37.6B | 43.2B | 43.6B | 43.3B | 42.1B | 38.8B | 38.5B | 8.79B | 6.87B | 6.67B | 5.45B |
| Shareholders' Equity | 6.17B | 6.54B | 7.78B | 7.92B | 6.61B | 2.65B | -742M | 5.38B | 4.89B | 3.79B | 3.69B |
| Cash & Short-term Investments | 8.09B | 8.85B | 5.56B | 4.92B | 3.86B | 2.33B | 1.71B | 1.11B | 911M | 849M | 370M |
| Total Debt | 22.2B | 21.1B | 17.3B | 18.2B | 12.6B | 10.5B | 6.08B | 1.40B | 1.18B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -990M | 755M | 3.84B | 2.99B | 3.12B | 2.87B | 666M | 573M | -236M | 246M | - |
| Capital Expenditure | 280M | 1.50B | 2.86B | 1.82B | 387M | 71.9M | 287M | 110M | 3.61M | 7.92M | 79.1M |
| Free Cash Flow | -1.27B | -567M | 985M | 1.17B | 2.73B | 2.79B | 379M | 463M | -240M | 238M | -85.7M |
| Ratios | |||||||||||
| ROE | 8.5% | 13.0% | 15.3% | 10.2% | -19.4% | -146.7% | - | 6.5% | -10.9% | -31.0% | 2.3% |
| ROA | 1.2% | 1.6% | 2.2% | 1.5% | -2.6% | -9.0% | -8.7% | 2.4% | -4.4% | -10.8% | 0.9% |
| Net Profit Margin | 7.0% | 11.4% | 8.5% | 6.8% | -18.1% | -45.3% | -65.0% | 9.1% | -17.5% | -68.6% | 3.9% |
| Debt to Equity | 3.60x | 3.22x | 2.22x | 2.30x | 1.90x | 3.94x | - | 0.26x | 0.24x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Macrolink Real Estate Co Ltd dividends
- Dividend yield
- 0.44%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jul 15, 2019
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 68.0M | 0.01 | - |
| 2024 | CNY 57.0M | 0.01 | - |
| 2023 | CNY 145M | 0.08 | 41.3% |
| 2022 | CNY 188M | 0.10 | - |
| 2021 | CNY 1.13B | 0.60 | - |
| 2020 | CNY 1.56B | 0.82 | - |
| 2019 | CNY 2.38B | 1.26 | 293.4% |
| 2018 | CNY 1.96B | 1.04 | 165.2% |
| 2017 | CNY 2.03B | 1.08 | 239.3% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.1:1 on Jun 20, 2000.
Who owns Macrolink Real Estate Co Ltd
- Insiders 29.87%
- Institutions 2.98%
- Public & others 67.15%
- Shares outstanding 5.87B
- Free float 3.95B
Macrolink Real Estate Co Ltd company profile
- Company name
- Macrolink Real Estate Co Ltd
- Ticker
- 000620.SHE
- ISIN
- CNE000000958
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Oct 16, 1996
- Sector
- Industrials
- Industry
- Real Estate Management & Development
- Employees
- 2,362
- Fiscal year end
- December
- Address
- Yingxin Development Building, Beijing, China, 100028
- Phone
- 86 10 6505 5930
- Website
- yxfz000620.com
About Macrolink Real Estate Co Ltd
Winnovation Culturaltainment Development Limited, together with its subsidiaries, engages in real estate development activities in China and internationally. It operates through Real Estate, Cultural and Tourism, and Other segments. The company is involved in the development and operation of cultural and tourism scenic spots covering museums, cultural performances, entertainment experiences, homestays, hotels, guest houses, and cultural tourism design institutes; hotel management; travel agency; construction; property services; tourism services; planning and design; schools; and other businesses. The company was formerly known as Macrolink Culturaltainment Development Co., Ltd. and changed its name to Winnovation Culturaltainment Development Limited in June 2025. Winnovation Culturaltainment Development Limited was founded in 1993 and is based in Beijing, China.
Macrolink Real Estate Co Ltd management
6- Mr. Gengyu WangPresident & Chairman · born 1986
- Mr. Huaming LiuVP, CFO Head of Accounting Department · born 1971
- Mr. Guanyu HangVice President · born 1966
- Mr. Xin YuVice President · born 1972
- Mr. Xi LinVice President · born 1978
- Mr. Chunhui LiuVice President · born 1984