Cinda Real Estate disclosed a performance forecast, expecting a net loss attributable to the parent of 1.2 billion to 1.42 billion yuan in the first half of 2026, compared with a loss of 3.69 billion yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 1.21 billion to 1.43 billion yuan, compared with a loss of 3.596 billion yuan a year earlier. The company stated that the loss in the current period was mainly due to the small scale of property development project deliveries carried forward, resulting in low operating revenue and gross profit margin, while rigid expenses such as management fees and interest expenses continued to be incurred. Based on the latest closing price, the company's price-to-book ratio is about 0.44 times, and the price-to-sales ratio is about 1.51 times.
Cinda Real Estate Co LtdCompany expects a net loss of 1.2-1.42 billion yuan in H1 2026, though narrower than last year's loss, indicating continued poor financial performance.