LGFRY (Longfor Group Holdings) Purchase Of Business : $-145 Mil (TTM As of Jun. 2024)

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What is Longfor Group Holdings Purchase Of Business?

Longfor Group Holdings's purchase of business for the six months ended in Jun. 2024 was $-53 Mil. It means Longfor Group Holdings spent $53 Mil on purchasing business. Longfor Group Holdings's purchase of business for the trailing twelve months (TTM) ended in Jun. 2024 was $-145 Mil.

Compared with last quarter ($-92 Mil in Dec. 2023 ), Longfor Group Holdings spent less money on purchasing business in Jun. 2024 ($-53 Mil).

Longfor Group Holdings Purchase Of Business Historical Data

The historical data trend for Longfor Group Holdings's Purchase Of Business can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Longfor Group Holdings Purchase Of Business Chart

Longfor Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Business

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-828.85

-1,127.67

-2,320.45

-814.72

-172.85

Longfor Group Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Purchase Of Business	Get a 7-Day Free Trial															-537.73	-298.32	-80.42	-92.19	-52.66

Longfor Group Holdings Purchase Of Business Calculation

The amount used to purchase business.

Purchase Of Business for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-145 Mil.

Longfor Group Holdings Purchase Of Business Related Terms

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Longfor Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » Purchase Of Business

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a non-state-owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management and project management services have been growing fast. As at end-2023, Wu Yajun remained the largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.