Binjiang Group(SZ:002244) news flash·2025-04-25 12:13Core Viewpoint - Binjiang Group reported strong financial performance for 2024, achieving significant revenue and profit growth while maintaining its market leadership in Hangzhou [1] Financial Performance - In 2024, Binjiang Group achieved operating revenue of 69.152 billion yuan, with a total profit of 5.934 billion yuan, representing a year-on-year increase of 17.85% [1] - The net profit for 2024 was 3.791 billion yuan, reflecting a year-on-year growth of 32.94%, with the attributable net profit reaching 2.546 billion yuan [1] Sales Performance - The company recorded a sales figure of 111.63 billion yuan in 2024, ranking 9th in the industry according to CRIC, and has maintained its position as the sales champion in the Hangzhou market for seven consecutive years [1] Debt and Financing - Binjiang Group's total interest-bearing liabilities stood at 30.5 billion yuan, a decrease of 5.5 billion yuan from the beginning of the year, with an average financing cost of 3.4%, marking a historical low [1] Market Position - The company launched 23 new projects in 2024 and held a 37% market share in the Hangzhou land market, continuing to lead in this sector [1]