HKEX:960

Longfor annual report is released

(longfor-official-website-online.oss-cn-beijing.aliyuncs.com)
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Author
Global Finance News 04-28-26
Longfor Group Holdings Limited reported its March 2026 operating statistics, showing moderate sales activity alongside stable recurring revenue streams.

For the first quarter of 2026, the company recorded contracted sales of RMB 7.46 billion, with total gross floor area (GFA) sold reaching 842,000 sqm. In March alone, contracted sales were RMB 3.01 billion, with 315,000 sqm sold. Sales attributable to shareholders amounted to RMB 2.02 billion.

On the operations side, revenue from property investment and services reached approximately RMB 6.62 billion for the quarter (RMB 7.06 billion before tax). This included RMB 3.63 billion from property operations and RMB 2.99 billion from property services.

Overall, the data highlights a relatively stable contribution from recurring income segments, while contracted sales remain modest, reflecting ongoing softness in China’s property market. The company noted that the figures are unaudited and subject to change, advising investors to interpret them cautiously.
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Author
WS Investor 04-14-26
Longfor Group Holdings Limited reported consolidated revenue of RMB97.31 billion for 2025, with property development contributing RMB70.54 billion and recurring businesses—property operations and services—accounting for 27.5% of total revenue.

The company posted profit attributable to shareholders of RMB1.02 billion, but recorded a core net loss of RMB1.70 billion after excluding fair value changes. Its property operation and service segments remained a key earnings driver, generating RMB7.92 billion in core profit.

Basic earnings per share stood at RMB0.15, while core loss per share was RMB0.25. The company declared no final dividend for 2025, following an interim dividend of RMB0.07 per share.

Longfor also improved its balance sheet, reducing total borrowings to RMB152.81 billion, with cash holdings of RMB29.20 billion. The net debt-to-equity ratio was 52.2%, with an average financing cost of 3.51% and an average borrowing tenor of over 12 years.
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Author
Global Finance News 03-27-26
Longfor Group Holdings Limited announced an updated interim dividend for the six months ended 30 June 2025 of RMB 0.07 per share. The dividend will be paid in Hong Kong dollars at HKD 0.0794 per share based on an exchange rate of RMB 1 : HKD 1.13449.

The ex-dividend date is 16 March 2026, with a record date of 20 March 2026. Shareholders may choose a scrip dividend option, and the payment date is scheduled for 30 April 2026.
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Author
WS Investor 03-16-26
Longfor Group Holdings Limited reported unaudited operating statistics for January 2026, showing contracted sales of RMB 2.45 billion with total contracted gross floor area (GFA) of 300,000 square meters. Contracted sales attributable to shareholders reached RMB 1.66 billion, with attributable GFA of 231,000 square meters.

The group generated aggregated recurring income of approximately RMB 2.27 billion during the month, comprising operating income of about RMB 1.25 billion and service income of around RMB 1.02 billion. Before tax, total recurring income amounted to RMB 2.43 billion.

In January, Longfor acquired two new land plots in Qingdao and Wuxi with total attributable GFA of 142,947 square meters. The total acquisition cost on an attributable basis was RMB 865 million, implying an average attributable land cost of about RMB 6,050 per square meter. The company noted that all figures are unaudited and based on preliminary internal data.
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Author
European Investor 02-10-26
Longfor Group Holdings Limited reported aggregated contracted sales of RMB63.16 billion for full-year 2025, with contracted gross floor area (GFA) totaling 5.19 million square meters, according to its unaudited operating statistics. In December alone, the group recorded contracted sales of RMB3.77 billion, while sales attributable to shareholders amounted to RMB2.38 billion with attributable GFA of 286,000 square meters.

The company also disclosed the acquisition of a new land plot in Shenzhen in December, with attributable GFA of 63,623 square meters and an attributable cost of RMB766 million. As of end-December 2025, Longfor’s aggregated recurring income reached approximately RMB26.77 billion, driven by operating and service income streams.

Source: Longfor Group Holdings Limited announcement, Jan. 12, 2026
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Author
WS Investor 01-13-26
Longfor Group Reports RMB59.39 Billion in Contracted Sales Through November

Longfor Group Holdings reported unaudited operating figures showing aggregated contracted sales of RMB59.39 billion for the first eleven months of 2025, covering 4.74 million square meters of gross floor area. In November alone, the company recorded RMB3.64 billion in contracted sales, with 350,000 square meters sold.

Contracted sales attributable to shareholders reached RMB2.52 billion for November, representing 256,000 square meters. Regionally, November sales were led by Western China (RMB1.06 billion), followed by the Yangtze River Delta (RMB1.03 billion), Pan Bohai Rim (RMB0.92 billion), Central China (RMB0.37 billion), and Southern China (RMB0.26 billion).

As of the end of November, recurring income totaled approximately RMB24.42 billion, including RMB12.94 billion in operating income and RMB11.48 billion in service income. The company noted that the figures are unaudited and subject to adjustment, advising investors to exercise caution.
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Author
WS Investor 12-10-25