China Merchants Shekou Holdings: Achieved operating revenue of 19.273 billion yuan in 2025, a year-on-year increase of 12.23% | Financial Perspective

On the evening of March 13, China Merchants Property Development Co., Ltd. released its 2025 annual report.

The report shows that in 2025, the company achieved operating revenue of 19.273 billion yuan, a year-on-year increase of 12.23%. Among them, property management business generated operating revenue of 18.603 billion yuan, up 12.83% year-on-year; asset management business achieved operating revenue of 666 million yuan, a decrease of 0.67% year-on-year.

Looking at the revenue composition of the property management business, basic property management accounted for 14.279 billion yuan, up 6.56%; platform value-added services generated 537 million yuan, up 0.18%; professional value-added services reached 3.786 billion yuan, an increase of 48.46%.

During the reporting period, the company realized a net profit attributable to shareholders of 655 million yuan, down 22.12% year-on-year, mainly due to a one-time reduction of 256 million yuan in net profit from the disposal of the Hengyang Zhonghang project. Excluding this impact, net profit attributable to shareholders increased by 8.30% year-on-year.

As of the end of 2025, the company managed 2,473 projects across 166 cities nationwide, with a managed area of 377 million square meters. During the year, it signed new annual contracts worth 4.48 billion yuan, achieving continuous growth in both scale and management quality.

By the end of 2025, the company’s debt scale decreased from 833 million yuan at the beginning of the year to 517 million yuan, with only one remaining loan, demonstrating significant debt reduction results.