China O/ S Grand stock posts stronger first half earnings
Published on 10/07/2026 at 05:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
China O/S Grand stock was trading at HKD 3.10 on HKEX on October 7, 2026, down 0.16 percent from the prior close. The company reported higher interim profit for the six months ended June 30, 2026, giving the property developer a concrete earnings catalyst despite a weaker revenue line.
Profit rises as revenue falls
According to FilingReader on September 15, 2026, profit attributable to owners reached RMB 328 million in the first half, up 15.4 percent from RMB 284 million in the same period of 2025. Basic earnings per share increased to RMB 0.092 from RMB 0.080, while revenue fell 2.7 percent to RMB 14,145 million.
The comparison points to a mixed operating picture. Gross profit advanced 23.9 percent to RMB 1,670 million, and the gross profit margin reached 11.8 percent for the period, giving investors a stronger margin result alongside the lower top line.
Sales and balance sheet improve
Contracted property sales reached RMB 19,138 million in the first half of 2026, up 15.2 percent from the prior-year period. Attributable contracted sales rose 15.5 percent to RMB 16,458 million, while the company reported a land bank of 11,430,500 square meters across 31 cities as of June 30, 2026, according to FilingReader.
Financial leverage also moved in a favorable direction during the reported period. Net gearing declined to 18.5 percent from 31.7 percent at the end of 2025, while cash and bank balances reached RMB 30,999 million and total borrowings stood at RMB 37,978 million.
HKD 3.10 sits below yearly high
The October 7 price of HKD 3.10 puts the stock 7.46 percent below its 52-week high of HKD 3.35 and above the 52-week low of HKD 1.91. Market capitalization was HKD 11.0 billion, with volume of 73,000 shares at the October 7 quotation.
Consensus data published by MarketScreener show a Buy rating from eight analysts and an average target of HKD 3.252. That target lies 4.90 percent above the October 7 price, while the same page reports Fitch affirmed a BBB rating with a stable outlook on September 11, 2026.
The board declared an interim dividend of HKD 0.015 per share, payable on October 16, 2026, according to FilingReader. For investors, the key test is whether stronger contracted sales and lower gearing can continue to support earnings while revenue remains under pressure.
China O/S Grand stock facts
- Company: China Overseas Grand Oceans Group Limited
- Ticker: 81.HK
- Trading venue: HKEX
- Price (as of October 7, 2026, 11:35 a.m. HKT): HKD 3.10
- Market capitalization: HKD 11.0 billion (as of October 7, 2026)
- 52-week range: HKD 1.91-3.35 (as of October 7, 2026)
- Sector / Industry: Real Estate / Real Estate Development and Operations
Upcoming dates for China O/S Grand stock
- October 16, 2026: Interim dividend payment
