Chengdu Hi-tech Development Co Ltd: A Diverse Real Estate and Technology Player
Chengdu Hi-tech Development Co., Ltd., a prominent real estate development company based in Chengdu, China, has been making significant strides in various sectors beyond its core real estate operations. The company, listed on the Shenzhen Stock Exchange, has diversified its business activities to include the design and production of kitchen cabinets, pharmaceutical production, and the development of taxation software.
As of May 15, 2025, the company’s stock closed at 45.13 CNH. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of 78.77 CNH on October 30, 2024, and a low of 34.16 CNH on August 27, 2024. The market capitalization of Chengdu Hi-tech Development Co Ltd stands at 15,940,000,000 CNH, reflecting its substantial presence in the market.
The company’s price-to-earnings ratio is notably high at 537.47, indicating investor expectations of future growth despite current earnings. This ratio suggests that the market has high expectations for the company’s future performance, possibly driven by its diversified business model and strategic initiatives.
Chengdu Hi-tech Development Co Ltd was established with an initial public offering on October 30, 1996. Since then, it has expanded its operations beyond real estate, venturing into manufacturing and technology sectors. The company’s website, www.cdbt.cn , provides further insights into its diverse activities and strategic direction.
In summary, Chengdu Hi-tech Development Co Ltd continues to be a significant player in the real estate sector while expanding its footprint in manufacturing and technology. Its diversified business model and strategic initiatives position it well for future growth, as reflected in its market valuation and investor expectations.