TANDE(SH:600665) Ge Long Hui A P P·2025-10-16 08:26Core Insights - The company reported an increase in real estate land reserves and contract sales in the third quarter of 2025, despite a decline in sales revenue compared to the previous year [1][2] Group 1: Land Reserves - In Q3 2025, the company added a total land reserve area of 83,600 square meters, with an additional building area of approximately 192,200 square meters [1] - For the first nine months of 2025, the company also reported the same figures for land reserves and building area as in Q3 [1] Group 2: Construction and Completion - The company did not initiate any new construction in Q3 2025, with a total completion area of 44,800 square meters, of which 13,400 square meters were attributable to the company's equity [1] - For the first nine months of 2025, the total completion area was 172,200 square meters, with equity completion area at 140,800 square meters [1] Group 3: Contract Sales - In Q3 2025, the company achieved a contract sales area of 60,700 square meters, representing a year-on-year increase of 34.89%, while the equity contract sales area was 54,600 square meters, up 59.65% [1] - The total contract sales amount for Q3 2025 was approximately 874.49 million yuan, a decrease of 9.79% year-on-year, with equity contract sales amounting to about 805.41 million yuan, down 2.05% [1] - For the first nine months of 2025, the company reported a contract sales area of 189,400 square meters, a year-on-year increase of 11.22%, and an equity contract sales area of 165,900 square meters, up 15.53% [2] - The total contract sales amount for the first nine months was approximately 3.085 billion yuan, a decrease of 16.18%, with equity contract sales amounting to about 2.802 billion yuan, down 14.92% [2] Group 4: Rental Income - As of September 30, 2025, the total rental area of the company was 59,000 square meters, with the same figure for equity rental area [2] - The total rental income for the first nine months of 2025 was approximately 16.88 million yuan, with equity rental income at about 16.79 million yuan [2]