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The latest update is out from Chen Xing Development Holdings Limited ( (HK:2286) ).
Chen Xing Development Holdings reported a sharp downturn for 2025, with contracted sales falling to about RMB160.6 million and contracted gross floor area dropping more than 40% year-on-year, reflecting continued weakness in China’s property market. Revenue plunged to roughly RMB152.9 million from over RMB1.19 billion a year earlier, and the company swung to a gross loss of around RMB63.3 million, leading to a widened net loss of approximately RMB271.6 million and a basic loss per share of RMB0.45, prompting the board to withhold a final dividend.
The group’s land bank remained substantial at about 2.12 million square metres with an average cost of roughly RMB881.7 per square metre, suggesting long-term development potential if market conditions stabilize. However, persistent finance costs of more than RMB140 million and ongoing operating losses highlight pressure on liquidity and profitability, raising concerns for shareholders and creditors as management also announced changes to key corporate roles including the company secretary, authorized representative, and process agent.
The most recent analyst rating on (HK:2286) stock is a Hold with a HK$0.24 price target. To see the full list of analyst forecasts on Chen Xing Development Holdings Limited stock, see the HK:2286 Stock Forecast page.
More about Chen Xing Development Holdings Limited
Chen Xing Development Holdings Limited is a Cayman Islands-incorporated property developer listed in Hong Kong, focusing on property development projects in China. The group maintains a sizeable land bank of more than 2.1 million square metres of gross floor area, positioning it to capture future demand despite current market headwinds in the real estate sector.
Average Trading Volume: 28,415
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$97.8M
Learn more about 2286 stock on TipRanks’ Stock Analysis page.