BEH Property Co Ltd

Jingneng Property released its 2026 interim report, showing total operating revenue of 595 million yuan and net profit attributable to the parent company of minus 154 million yuan, an improvement of 46.7741 million yuan compared with the same period last year, with the loss narrowing. Net cash flow from operating activities was minus 121 million yuan, an increase of 94.2759 million yuan year-on-year, marking a second consecutive year of growth. The company's asset-liability ratio was 84.64%, gross margin was 14.49%, up 7.52 percentage points from a year earlier, return on equity was minus 11.80%, and diluted earnings per share was minus 0.39 yuan. The number of shareholders was 17,000, and the top ten shareholders held 53.00% of total share capital.

Jingneng Property released its 2026 interim report on August 28. First-half operating revenue was 595 million yuan, down 17.1 percent year on year, while the net loss attributable to the parent company narrowed to 154 million yuan from a loss of 200 million yuan in the same period last year. Second-quarter revenue was 249 million yuan, down 38.1 percent year on year, and the net loss attributable to the parent company narrowed to 79.26 million yuan from 93.25 million yuan a year earlier. As of the end of the second quarter, total assets stood at 15.677 billion yuan, down 3.9 percent from the end of last year, while net assets attributable to the parent company fell 12.0 percent to 1.302 billion yuan. The company said the real estate industry as a whole is bottoming out and adjusting, and changes in market demand and the policy environment are affecting operations. It is focusing on revitalising existing assets and reducing inventory while implementing a strategy to improve quality and efficiency.