Sunrise Real Estate Group Inc - Understand $srre stock

$SRRE Market Cap: $14.43 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$18.41M

TTM

Gross Margin

16.83%

TTM

Net Earnings

-$17.22M

TTM

Current Assets

$153.7M

Q2 2024

Current Liabilities

$89.49M

Q2 2024

Current Ratio

171.73%

Q2 2024

Total Assets

$195.8M

Q2 2024

Total Liabilities

$89.49M

Q2 2024

Book Value

$106.3M

Q2 2024

Cash

$27.71M

Q2 2024

P/E

-0.8377

Sep 13, 2024 EST

Free Cash Flow

$10.01M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$24.83M	$80.02M	$54.14M	$5.892M	$32.99M	$8.244M	$27.56M	$5.201M	$4.764M	$8.612M	$11.24M	$8.530M	$8.970M	$12.82M	$13.11M	$8.080M	$8.100M	$16.42M	$10.88M	$7.720M	$0.00	$20.00K	$30.00K
YoY Change	-68.97%	47.8%	818.95%	-82.14%	300.19%	-70.08%	429.83%	9.18%	-44.68%	-23.39%	31.77%	-4.91%	-30.03%	-2.21%	62.25%	-0.25%	-50.67%	50.92%	40.93%		-100.0%	-33.33%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$24.83M	$80.02M	$54.14M	$5.892M	$32.99M	$8.244M	$27.56M	$5.201M	$4.764M	$8.612M	$11.24M	$8.530M	$8.970M	$12.82M	$13.11M	$8.080M	$8.100M	$16.42M	$10.88M	$7.720M	$0.00	$20.00K	$30.00K
Cost Of Revenue	$19.89M	$70.56M	$41.23M	$5.352M	$26.81M	$6.690M	$22.57M	$2.960M	$2.896M	$4.351M	$4.412M	$4.895M	$6.230M	$7.060M	$6.000M	$6.660M	$6.710M	$6.920M	$3.360M	$4.160M	$0.00	$20.00K	$20.00K
Gross Profit	$4.944M	$9.456M	$12.91M	$539.4K	$6.179M	$1.554M	$4.982M	$2.241M	$1.868M	$4.261M	$6.828M	$3.635M	$2.740M	$5.760M	$7.110M	$1.410M	$1.390M	$9.500M	$7.520M	$3.560M	$0.00	$0.00	$10.00K
Gross Profit Margin	19.91%	11.82%	23.84%	9.15%	18.73%	18.85%	18.08%	43.09%	39.21%	49.48%	60.75%	42.62%	30.55%	44.93%	54.23%	17.45%	17.16%	57.86%	69.12%	46.11%		0.0%	33.33%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Selling, General & Admin	$3.756M	$8.551M	$3.299M	$24.62M	$10.05M	$2.920M	$3.655M	$3.464M	$3.788M	$4.588M	$3.590M	$3.350M	$2.520M	$2.600M	$2.360M	$4.380M	$4.660M	$3.060M	$3.650M	$2.340M	$10.00K	$1.020M	$3.310M
YoY Change	-56.08%	159.16%	-86.6%	145.1%	244.03%	-20.09%	5.51%	-8.55%	-17.44%	27.79%	7.16%	32.94%	-3.08%	10.17%	-46.12%	-6.01%	52.29%	-16.16%	55.98%	23300.0%	-99.02%	-69.18%
% of Gross Profit	75.96%	90.42%	25.56%	4565.61%	162.61%	187.97%	73.36%	154.55%	202.8%	107.66%	52.58%	92.16%	91.97%	45.14%	33.19%	310.64%	335.25%	32.21%	48.54%	65.73%			33100.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.724M	$1.780M	$4.281M	$2.546M	$1.675M	$480.0K	$503.8K	$602.0K	$1.028M	$1.064M	$1.100M	$990.4K	$930.0K	$870.0K	$840.0K	$810.0K	$730.0K	$110.0K	$130.0K	$80.00K	$0.00	$0.00	$0.00
YoY Change	-3.15%	-58.43%	68.15%	52.01%	248.94%	-4.72%	-16.31%	-41.47%	-3.31%	-3.32%	11.08%	6.49%	6.9%	3.57%	3.7%	10.96%	563.64%	-15.38%	62.5%
% of Gross Profit	34.86%	18.82%	33.17%	472.06%	27.11%	30.9%	10.11%	26.86%	55.07%	24.96%	16.11%	27.25%	33.94%	15.1%	11.81%	57.45%	52.52%	1.16%	1.73%	2.25%			0.0%
Operating Expenses	$5.558M	$11.58M	$6.717M	$28.32M	$13.13M	$4.758M	$4.840M	$5.874M	$5.595M	$6.503M	$5.730M	$4.750M	$3.570M	$3.990M	$3.320M	$5.670M	$5.790M	$4.080M	$4.670M	$3.390M	$10.00K	$1.020M	$3.310M
YoY Change	-52.0%	72.39%	-76.28%	115.77%	175.9%	-1.69%	-17.61%	4.98%	-13.96%	13.5%	20.63%	33.05%	-10.53%	20.18%	-41.45%	-2.07%	41.91%	-12.63%	37.76%	33800.0%	-99.02%	-69.18%
Operating Profit	-$613.9K	-$2.123M	$6.190M	-$27.78M	-$6.948M	-$3.204M	$141.9K	-$3.633M	-$3.728M	-$2.242M	-$3.177M	-$1.112M	-$830.0K	$1.770M	$3.790M	-$4.260M	-$4.400M	$5.420M	$2.850M	$170.0K	-$10.00K	-$1.020M	-$3.300M
YoY Change	-71.08%	-134.3%	-122.28%	299.87%	116.85%	-2357.31%	-103.91%	-2.54%	66.25%	-29.41%	185.63%	33.99%	-146.89%	-53.3%	-188.97%	-3.18%	-181.18%	90.18%	1576.47%	-1800.0%	-99.02%	-69.09%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Interest Expense	-$2.394M	$40.01K	$936.1K	$582.7K	$151.8K	$2.142M	$423.9K	$2.206M	$3.477M	$3.401M	$3.889M	$2.420M	-$1.500M	-$600.0K	-$550.0K	-$610.0K	-$920.0K	-$500.0K	-$150.0K	-$20.00K	$0.00	$0.00	-$10.00K
YoY Change	-6084.0%	-95.73%	60.64%	283.99%	-92.92%	405.42%	-80.78%	-36.55%	2.22%	-12.54%	60.67%	-261.36%	150.0%	9.09%	-9.84%	-33.7%	84.0%	233.33%	650.0%			-100.0%
% of Operating Profit			15.12%				298.61%							-33.9%	-14.51%			-9.23%	-5.26%	-11.76%
Other Income/Expense, Net	-$24.55M	-$2.730M	$42.23M	$25.77M	$1.893M	$51.31M	$66.87M	$30.96M	-$3.127M	-$2.939M	-$3.218M	-$2.142M	$1.200M	$50.00K	$480.0K	$30.00K	$10.00K	$10.00K	$60.00K	$60.00K
YoY Change	799.32%	-106.46%	63.9%	1261.44%	-96.31%	-23.27%	115.97%	-1090.09%	6.39%	-8.64%	50.21%	-278.51%	2300.0%	-89.58%	1500.0%	200.0%	0.0%	-83.33%	0.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Pretax Income	-$25.17M	-$4.853M	$48.42M	-$2.016M	-$4.904M	$48.11M	$67.01M	$30.96M	-$6.855M	-$5.182M	-$6.394M	-$3.254M	-$1.130M	$1.230M	$3.710M	-$4.840M	-$4.180M	$4.930M	$2.760M	$220.0K	-$10.00K	-$1.020M	-$3.310M
YoY Change	418.53%	-110.02%	-2502.2%	-58.89%	-110.19%	-28.21%	116.43%	-551.68%	32.29%	-18.96%	96.49%	187.99%	-191.87%	-66.85%	-176.65%	15.79%	-184.79%	78.62%	1154.55%	-2300.0%	-99.02%	-69.18%
Income Tax	$1.095M	$4.543M	$2.140M	$2.227M	-$384.1K	$1.574M	$4.145M	-$37.40K	-$133.0K	$30.58K	$349.3K	-$13.52K	$30.00K	$660.0K	$200.0K	$1.160M	$430.0K	$1.210M	$500.0K	$160.0K	$0.00	$0.00	$0.00
% Of Pretax Income			4.42%			3.27%	6.19%	-0.12%						53.66%	5.39%			24.54%	18.12%	72.73%
Net Earnings	-$10.13M	-$8.429M	$35.05M	-$4.243M	-$1.755M	$46.89M	$62.65M	$30.43M	-$4.765M	-$3.654M	-$2.626M	-$3.471M	-$1.420M	-$30.00K	$3.280M	-$6.030M	-$4.770M	$3.660M	$2.100M	$60.00K	-$10.00K	-$860.0K	-$3.310M
YoY Change	20.2%	-124.05%	-926.01%	141.78%	-103.74%	-25.17%	105.87%	-738.66%	30.42%	39.11%	-24.34%	144.45%	4633.33%	-100.91%	-154.39%	26.42%	-230.33%	74.29%	3400.0%	-700.0%	-98.84%	-74.02%
Net Earnings / Revenue	-40.79%	-10.53%	64.73%	-72.01%	-5.32%	568.75%	227.37%	585.17%	-100.03%	-42.43%	-23.37%	-40.69%	-15.83%	-0.23%	25.02%	-74.63%	-58.89%	22.29%	19.3%	0.78%		-4300.0%	-11033.33%
Basic Earnings Per Share	-$0.15	-$0.12	$0.51	-$0.06
Diluted Earnings Per Share	-$0.15	-$0.12	$0.51	-$0.06	-$25.55K	$682.5K	$912.1K	$443.1K	-$69.37K	-$97.68K	-$40.78K	-$107.7K	-$54.22K	-$1.266K	$138.5K	-$254.5K	-$201.4K	$154.9K	$94.21K	$3.509K	-$647.20	-$55.66K	-$214.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Cash & Short-Term Investments	$46.96M	$44.16M	$38.79M	$65.38M	$43.72M	$67.22M	$29.14M	$8.870M	$2.149M	$2.818M	$4.300M	$2.000M	$4.900M	$4.100M	$4.200M	$1.700M	$2.600M	$1.100M	$5.300M	$3.800M	$0.00	$0.00	$0.00
YoY Change	6.33%	13.84%	-40.67%	49.55%	-34.96%	130.66%	228.55%	312.78%	-23.73%	-34.48%	115.0%	-59.18%	19.51%	-2.38%	147.06%	-34.62%	136.36%	-79.25%	39.47%
Cash & Equivalents	$20.45M	$33.20M	$24.90M	$40.37M	$15.90M	$17.66M	$5.870M	$8.693M	$943.5K	$1.627M	$3.500M	$900.0K	$1.400M	$3.000M	$3.400M	$600.0K	$2.300M	$900.0K	$900.0K	$1.000M
Short-Term Investments	$26.51M	$10.96M	$13.89M	$25.01M	$27.82M	$49.57M	$23.27M	$177.0K	$1.205M	$1.191M	$800.0K	$1.000M	$3.500M	$1.100M	$700.0K	$1.100M	$300.0K	$200.0K	$4.400M	$2.800M
Other Short-Term Assets	$97.76M	$172.0M	$264.3M	$232.1M	$96.99M	$65.97M	$69.04M	$77.81M	$77.92M	$72.91M	$31.40M	$21.90M	$1.900M	$1.400M	$100.0K	$300.0K	$2.900M	$400.0K	$100.0K	$100.0K	$0.00	$0.00	$0.00
YoY Change	-43.16%	-34.94%	13.88%	139.32%	47.01%	-4.44%	-11.26%	-0.15%	6.87%	132.21%	43.38%	1052.63%	35.71%	1300.0%	-66.67%	-89.66%	625.0%	300.0%	0.0%
Inventory
Prepaid Expenses
Receivables	$553.0K	$204.5K	$65.85K	$77.46K	$24.41K	$234.4K	$350.5K	$900.2K	$1.287M	$1.270M	$1.300M	$1.900M	$1.100M	$300.0K	$700.0K	$700.0K	$800.0K	$4.800M	$1.400M	$2.300M	$0.00	$0.00	$0.00
Other Receivables	$19.23M	$19.42M	$18.45M	$5.315M	$5.097M	$14.59M	$9.406M	$8.764M	$4.524M	$4.510M	$3.300M	$4.600M	$600.0K	$200.0K	$100.0K	$100.0K	$500.0K	$2.100M	$900.0K	$300.0K	$0.00	$0.00	$100.0K
Total Short-Term Assets	$164.5M	$235.8M	$321.6M	$302.9M	$145.8M	$148.0M	$107.9M	$96.34M	$85.88M	$81.51M	$40.20M	$30.40M	$8.600M	$6.000M	$5.000M	$2.800M	$6.800M	$8.400M	$7.600M	$6.400M	$0.00	$0.00	$200.0K
YoY Change	-30.23%	-26.69%	6.19%	107.7%	-1.48%	37.13%	12.04%	12.18%	5.36%	102.76%	32.24%	253.49%	43.33%	20.0%	78.57%	-58.82%	-19.05%	10.53%	18.75%			-100.0%
Property, Plant & Equipment	$29.64M	$23.67M	$27.58M	$28.66M	$28.15M	$4.806M	$5.539M	$5.761M	$12.54M	$14.17M	$15.30M	$15.70M	$9.300M	$9.800M	$9.900M	$10.80M	$10.30M	$2.500M	$500.0K	$600.0K	$0.00	$0.00	$0.00
YoY Change	25.19%	-14.16%	-3.77%	1.8%	485.75%	-13.23%	-3.85%	-54.08%	-11.48%	-7.38%	-2.55%	68.82%	-5.1%	-1.01%	-8.33%	4.85%	312.0%	400.0%	-16.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$13.73M	$13.40M	$15.03M	$14.31M	$12.92M	$31.00M	$50.83M	$37.18M	$7.717M	$5.640M	$5.700M	$3.900M	$4.300M	$1.500M	$0.00	$0.00	$100.0K	$0.00
YoY Change	2.46%	-10.84%	5.08%	10.75%	-58.33%	-39.01%	36.71%	381.82%	36.82%	-1.05%	46.15%	-9.3%	186.67%			-100.0%
Other Assets		$0.00	$853.4K	$955.4K	$380.6K	$0.00	$591.3K	$337.5K	$142.1K	$17.20K	$500.0K	$200.0K				$0.00	$0.00	$10.80M	$7.600M	$1.500M	$0.00	$0.00	$0.00
YoY Change		-100.0%	-10.68%	151.0%		-100.0%	75.18%	137.52%	726.22%	-96.56%	150.0%						-100.0%	42.11%	406.67%
Total Long-Term Assets	$43.37M	$38.32M	$45.32M	$45.61M	$41.45M	$35.81M	$56.96M	$43.28M	$20.40M	$19.83M	$21.50M	$19.80M	$13.60M	$11.30M	$9.900M	$10.80M	$10.40M	$13.50M	$8.400M	$2.300M	$0.00	$0.00	$0.00
YoY Change	13.18%	-15.45%	-0.64%	10.04%	15.76%	-37.13%	31.61%	112.12%	2.9%	-7.78%	8.59%	45.59%	20.35%	14.14%	-8.33%	3.85%	-22.96%	60.71%	265.22%
Total Assets	$207.9M	$274.1M	$367.0M	$348.5M	$187.3M	$183.8M	$164.9M	$139.6M	$106.3M	$101.3M	$61.70M	$50.20M	$22.20M	$17.30M	$14.90M	$13.60M	$17.20M	$21.90M	$16.00M	$8.700M	$0.00	$0.00	$200.0K
YoY Change
Accounts Payable	$24.89M	$22.37M	$25.12M	$20.45M	$4.348M	$5.268M	$3.768M	$2.486M	$7.467M	$10.53M	$500.0K	$600.0K	$600.0K	$200.0K	$400.0K	$500.0K	$400.0K	$500.0K	$100.0K	$200.0K	$0.00	$0.00	$100.0K
YoY Change	11.23%	-10.94%	22.85%	370.32%	-17.48%	39.84%	51.53%	-66.7%	-29.1%	2006.38%	-16.67%	0.0%	200.0%	-50.0%	-20.0%	25.0%	-20.0%	400.0%	-50.0%			-100.0%
Accrued Expenses	$480.4K	$604.9K	$787.0K	$787.0K	$721.2K	$214.5K	$261.6K	$232.4K	$303.9K	$301.8K	$2.000M	$2.700M	$900.0K	$1.000M	$1.100M	$1.600M	$500.0K	$300.0K	$200.0K	$100.0K
YoY Change	-20.57%	-23.15%	0.01%	9.12%	236.23%	-18.01%	12.59%	-23.52%	0.69%	-84.91%	-25.93%	200.0%	-10.0%	-9.09%	-31.25%	220.0%	66.67%	50.0%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$1.412M	$1.436M	$1.568M	$1.533M	$1.433M	$1.457M	$1.530M	$8.919M	$16.77M	$31.94M	$23.70M	$23.80M	$12.80M	$9.300M	$200.0K	$6.000M	$200.0K	$1.300M	$1.100M	$300.0K	$0.00	$0.00	$0.00
YoY Change	-1.67%	-8.46%	2.34%	6.92%	-1.62%	-4.79%	-82.84%	-46.83%	-47.49%	34.79%	-0.42%	85.94%	37.63%	4550.0%	-96.67%	2900.0%	-84.62%	18.18%	266.67%
Long-Term Debt Due							$0.00	$7.496M	$4.620M	$6.891M	$8.000M				$1.000M	$1.000M	$1.000M	$700.0K	$1.100M	$1.000M		$0.00	$0.00
YoY Change							-100.0%	62.25%	-32.96%	-13.86%					0.0%	0.0%	42.86%	-36.36%	10.0%
Total Short-Term Liabilities	$91.68M	$128.3M	$194.1M	$203.1M	$45.41M	$58.45M	$72.61M	$117.8M	$92.41M	$91.04M	$49.20M	$37.70M	$22.40M	$14.30M	$5.600M	$11.70M	$5.600M	$7.300M	$5.000M	$4.300M	$0.00	$0.00	$200.0K
YoY Change	-28.53%	-33.91%	-4.42%	347.15%	-22.31%	-19.5%	-38.35%	27.45%	1.5%	85.04%	30.5%	68.3%	56.64%	155.36%	-52.14%	108.93%	-23.29%	46.0%	16.28%			-100.0%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$18.48M	$8.171M	$3.400M	$0.00	$0.00	$2.300M	$8.100M	$200.0K	$6.000M	$4.200M	$5.300M	$1.200M	$0.00	$0.00	$0.00
YoY Change								-100.0%	126.15%	140.33%			-100.0%	-71.6%	3950.0%	-96.67%	42.86%	-20.75%	341.67%
Other Long-Term Liabilities	$0.00	$1.078M	$2.243M	$7.668M	$7.685M	$8.108M	$8.696M	$4.782M	$5.109M	$5.422M	$5.400M	$7.200M	$3.100M	$3.500M	$4.300M	$8.300M
YoY Change	-100.0%	-51.92%	-70.75%	-0.21%	-5.22%	-6.76%	81.84%	-6.39%	-5.77%	0.4%	-25.0%	132.26%	-11.43%	-18.6%	-48.19%
Total Long-Term Liabilities	$0.00	$1.078M	$2.243M	$7.668M	$7.685M	$8.108M	$8.696M	$4.782M	$23.59M	$13.59M	$8.800M	$7.200M	$3.100M	$5.800M	$12.40M	$8.500M	$6.000M	$4.200M	$5.300M	$1.200M	$0.00	$0.00	$0.00
YoY Change	-100.0%	-51.92%	-70.75%	-0.21%	-5.22%	-6.76%	81.84%	-79.73%	73.54%	54.47%	22.22%	132.26%	-46.55%	-53.23%	45.88%	41.67%	42.86%	-20.75%	341.67%
Total Liabilities	$88.61M	$142.6M	$211.8M	$213.0M	$56.83M	$68.45M	$83.64M	$124.1M	$120.8M	$111.8M	$70.60M	$57.70M	$26.40M	$21.20M	$18.60M	$20.70M	$12.10M	$11.80M	$10.60M	$5.500M	$0.00	$0.00	$200.0K
YoY Change	-37.85%	-32.68%	-0.58%	274.79%	-16.97%	-18.17%	-32.61%	2.72%	8.09%	58.34%	22.36%	118.56%	24.53%	13.98%	-10.14%	71.07%	2.54%	11.32%	92.73%			-100.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	68.69M	68.69M	68.69M	68.69M
Diluted Shares Outstanding	68.69M	68.69M	68.69M	68.69M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $14.425 Million

About Sunrise Real Estate Group Inc

Sunrise Real Estate Group, Inc. engages in the development of real estate properties and the provision of property brokerage services. The company is headquartered in Shanghai, Shanghai and currently employs 78 full-time employees. The company went IPO on 2001-04-23. The firm's segments are Property Brokerage Services, Real Estate Development and Corporate. The firm operates in the People's Republic of China (PRC). The firm's services include property marketing, leasing and management services, and real estate development. The real estate property under development consists of residential unit sites, and commercial and residential unit sites under development. The real estate property under development represents the Company's real estate development project in Linyi, the PRC (Linyi Project), which is located on the junction of Xiemen Road and Hong Kong Road in Linyi City Economic Development Zone, Shandong Province, PRC. The project covers a site area of approximately 103,385 square meters for the development of villa-style residential housing buildings. The firm leases its office properties under non-cancellable operating lease arrangements.

Industry: Operators of Apartment Buildings Peers: MDJM Ltd