C&D INC.(SH:600153) Cai Jing Wang·2025-08-30 16:46Core Insights - The company reported a revenue of 315.32 billion yuan for the first half of 2025, a year-on-year decrease of 1.16% [1] - The net profit attributable to the parent company was 841 million yuan, down 29.87% year-on-year [1] - Total assets reached 889.19 billion yuan, with net assets of 228.36 billion yuan and net assets attributable to the parent company at 71.33 billion yuan [1] Real Estate Business Performance - The real estate segment generated a revenue of 44.14 billion yuan, a decline of 13.83% year-on-year, with a net profit of 11 million yuan [2] - The net profit for the real estate segment decreased by 143 million yuan, primarily due to inventory impairment provisions of 379 million yuan by the subsidiary Jianfa Real Estate [2] - The total contract sales amount for the real estate segment was 82.94 billion yuan, reflecting a year-on-year increase of 11.67% [2] Sales Performance by Subsidiaries - Jianfa Real Estate achieved contract sales of 70.83 billion yuan, up 7.31% year-on-year, while equity sales amounted to 53.46 billion yuan, a growth of 5.07% [3] - Lianfa Group reported contract sales of 13.41 billion yuan, a significant increase of 29.19%, with equity sales rising by 56.27% to 8.96 billion yuan [3] - The company maintained a high collection rate of 95% for sales, with total sales in first and second-tier cities accounting for 90% of the overall sales [3]