Financial Outlook | Shimao Group: Turning Losses into Profits, with an estimated profit of approximately RMB 4.477 billion in 2025

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On March 27, Shimao Group released its full-year performance announcement for 2025.

The announcement shows that the contract sales amount for 2025 was RMB 23.953 billion, with a contract sales area of 1.965 million square meters.

During the period, the group’s revenue was approximately RMB 28.418 billion.

Thanks to the gains from the company’s completion of overseas debt restructuring, the group turned a profit in 2025. The annual profit was approximately RMB 4.477 billion, while last year recorded an annual loss of approximately RMB 43.686 billion.

During the period, the group’s total borrowings were approximately RMB 182.266 billion, a significant decrease of approximately RMB 69.785 billion compared to about RMB 252.051 billion at the end of last year.

During the reporting period, the group’s land reserves were approximately 34.16 million square meters (before rights).

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