Xinyuan Real Estate Co., Ltd. (XIN, Financial), a China-based real estate developer, experienced a significant stock drop of 5.60%, with shares priced at $2.36. The trading volume reached 14,956 shares, with a turnover rate of 0.26% and a price fluctuation of 6.00%. Recent financial reports indicate the company had a revenue of $156 million but suffered a net loss of $46.18 million, resulting in an earnings per share of -$8.17. The price-to-earnings ratio stands at 0.37, with no current institutional ratings.
In the real estate sector, where Xinyuan operates, the overall growth was 0.22%. Notable performers include La Rosa Holdings Corp. and Exp World Holdings, Inc., while stocks like Ucommune International Ltd showed significant price swings.
Xinyuan Real Estate focuses on developing residential projects in China, offering amenities such as retail stores, leisure facilities, and schools, targeting middle-class consumers.
