Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Country Garden is a large real estate developer in China. It is ranked number one by sales value among Chinese developers in 2019. It has more than 2,0000 projects across China, with 22% of these in Guangdong province. It ventured overseas in 2013 with the notable project of Forest City in Malaysia. Property development accounts for 98% of earnings. Founder Yang Guoqiang and his family members hold a 65% stake in the company. Ping An Life holds 10% of the company through a share placement in April 2015.
Foshan, 528312, Cayman Islands