--- title: "YUEXIU PROPERTY (123) records a double-digit plunge in earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/281331370.md" description: "YUEXIU PROPERTY announced its full-year results for the year ending December 31, 2025, reporting a significant decline in profits, with profit attributable to equity holders amounting to RMB 55.062 million, a year-on-year decrease of 94.7%; core net profit was RMB 260 million, a year-on-year decrease of 83.5%. The board of directors recommended not to distribute a final dividend. The main reasons include a deep adjustment in the real estate market and changes in the structure of recognized sales projects. The total operating revenue for the year was RMB 86.46 billion, with contracted sales amounting to RMB 106.21 billion, a year-on-year decrease of 7.3%" datetime: "2026-04-01T08:44:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281331370.md) - [en](https://longbridge.com/en/news/281331370.md) - [zh-HK](https://longbridge.com/zh-HK/news/281331370.md) --- # YUEXIU PROPERTY (123) records a double-digit plunge in earnings YUEXIU PROPERTY (0123.HK) announced its full-year results for the year ending December 31, 2025, reporting a double-digit plunge in profits, with profit attributable to equity holders amounting to RMB 55.062 million, a year-on-year drop of 94.7%; core net profit recorded RMB 260 million, down 83.5% year-on-year. The board of directors proposed not to distribute a final dividend for this year. The significant decline in profit and core net profit during the period was mainly dragged down by two factors: first, the real estate market in 2025 is still in a deep adjustment period, and a substantial recovery in market confidence and expectations will take time. There is a significant divergence in the market between cities, and the gross profit margin of the group's sales business has decreased year-on-year; second, the overall structure of the group's recognized sales projects experienced a phase change last year, leading to a decline in the average equity proportion of recognized sales projects compared to 2024, which in turn lowered the profit attributable to equity holders. Revenue remained basically flat, with total operating income of RMB 86.46 billion, a slight increase of 0.1% year-on-year; in terms of contracted sales, the total contracted sales amount for the year was RMB 106.21 billion, down 7.3% year-on-year, of which the core six cities contributed contracted sales of RMB 90.9 billion, accounting for approximately 85.6% of the group's total contracted sales. According to CRIC statistics, the group's total contracted sales for the year ranked ninth in the national industry, remaining in the top ten. Land investment focused on core city tracks, with 25 new land parcels added in 9 cities during the year, increasing land reserves by approximately 2.78 million square meters, with an equity investment amounting to RMB 24.4 billion, of which the equity investment in the core six cities accounted for as much as 96.3%. As of the end of December 2025, the group's total land reserves were approximately 18.55 million square meters, with excellent land reserve quality, as 94.4% is located in first- and second-tier cities, providing ample long-term development momentum ### Related Stocks - [515060.CN](https://longbridge.com/en/quote/515060.CN.md) - [00123.HK](https://longbridge.com/en/quote/00123.HK.md) - [159940.CN](https://longbridge.com/en/quote/159940.CN.md) - [01052.HK](https://longbridge.com/en/quote/01052.HK.md) - [159768.CN](https://longbridge.com/en/quote/159768.CN.md) - [159707.CN](https://longbridge.com/en/quote/159707.CN.md) - [512200.CN](https://longbridge.com/en/quote/512200.CN.md) - [06626.HK](https://longbridge.com/en/quote/06626.HK.md) ## Related News & Research - [US construction spending rebounds in March](https://longbridge.com/en/news/285572697.md) - [Did Yuexiu’s HK$500 Million, Shareholder‑Linked Loan Just Shift Yuexiu Property's (SEHK:123) Investment Narrative?](https://longbridge.com/en/news/270800373.md)