Riverside Group (002244)

Yuan, the east coast, million home Star City. At present, the company's project reserves, the majority of land to take the time earlier, the cost of land is relatively low, the project has a high gross margin. Beneficiary region housing prices rose rapidly, the company's overall profitability of the project is strong, a quarterly display, the company's first quarter to achieve business income growth of 332.42% Year-on-year, the parent company's net profit growth of 627.76%. Since January-June this year million Huacheng two end of the delivery will be completed, the new Town Times Square project will begin in June to deliver the owners, the first half of the company's operating income is expected to be larger than the same period last year a large increase. The company's current accounts receivable equivalent to 2009 settlement income of about 3 times times, is the highest performance-locked listed real estate companies. With the increase in the sale of real estate, the company's performance growth in the next two years has a very high certainty, which also provides ample cash flow for the future expansion of the company's territory, the company will enter a new round of high-speed growth period. The first half of the real estate plate continuous adjustment, forcing the company to adjust the direction of additional programs.　　At present, the company's stock price adjustment is sufficient, risk release degree is larger, can continue to pay attention to low. Company is a real estate development and sales, commercial real estate, hotel travel industry three major industries in a large group, is a regional first-tier city of high-end residential real estate leader. The company's real estate projects are mainly concentrated in the core areas of Hangzhou, higher value-added, such as Hangzhou steam hair, golden home, Riverside Sheng