Shimao Group (00813.HK )2025 revenue of 28.418 billion yuan, net profit of 4.477 billion yuan, turning losses into profits, completes offshore debt restructuring

Gelonghui, March 27 - Shimao Group (00813.HK) released its performance for the fiscal year 2025. 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, compared to an annual loss of approximately RMB 43.686 billion the previous year. Basic earnings per share were RMB 2.61.

The contracted sales amount for 2025 was RMB 23.953 billion. The contracted sales area was 1.965 million square meters. As of December 31, 2025, the group’s land reserves were approximately 34.16 million square meters (before rights). In 2025, the overall Chinese real estate market continued its adjustment trend. On the policy front, the central and local governments established a long-term collaborative regulation mechanism, focusing throughout the year on “precise policies and classified guidance,” continually improving the policy system of “demand activation + supply optimization + risk mitigation.” On the supply side, the long-term effects of the “guaranteeing delivery” policy continued to be released, with the industry maintaining a rational development pace of “production based on sales.” In the land market, leading real estate companies focused on high-quality plots in core cities, and the overall land market showed characteristics of “quality improvement and reduced volume, with localized high temperatures,” with competition for quality plots continuously intensifying. In the face of a complex industry environment, the group adhered to prudent management, seeking progress while maintaining stability, and coordinated the smooth operation of various core businesses.

Looking ahead to 2026, the Chinese real estate industry has entered a new cycle of high-quality development, with the underlying logic of industry development shifting from scale expansion to quality enhancement and value creation. The group will actively embrace market changes, adhere to the “one body and two wings” development model, continue to return to the essence of products and services, and promote the synergistic development of diverse businesses such as property development, property management, hotel operations, and commercial operations. In the future, the group will continue to focus on customer needs, solidify its operational foundation, insist on balancing light and heavy businesses, integrate online and offline capabilities, actively explore new fields, uncover new growth, and strive to achieve high-quality and sustainable development of the group’s business.