Cinda Real Estate(SH:600657) Sou Hu Cai Jing·2025-11-02 23:00Core Viewpoint - The financial performance of Xinda Real Estate has significantly declined in 2025, with a substantial drop in revenue and a considerable net loss attributed to reduced project deliveries and asset impairments [4][5]. Trading Information Summary - On October 31, 2025, Xinda Real Estate's stock closed at 3.74 yuan, up 0.27%, with a turnover rate of 0.49% and a trading volume of 139,500 shares, amounting to a transaction value of 52.08 million yuan [1]. - The net outflow of main funds was 393.16 million yuan, accounting for 7.55% of the total transaction value, while retail investors saw a net inflow of 553.97 million yuan, representing 10.64% of the total transaction value [2]. Shareholder and Capital Changes - As of September 30, 2025, the number of shareholders for Xinda Real Estate was 38,500, a decrease of 3,727 shareholders or 8.82% compared to June 30, 2025. The average shareholding per account increased from 67,500 shares to 74,000 shares, with an average market value of 302,000 yuan [3]. Performance Disclosure Highlights - For the first three quarters of 2025, Xinda Real Estate reported a main revenue of 2.692 billion yuan, a year-on-year decrease of 23.06%. The net profit attributable to shareholders was -5.309 billion yuan, a decline of 6021.43% [4][5]. - The third quarter alone saw a main revenue of 914 million yuan, down 5.47% year-on-year, with a net profit of -1.618 billion yuan, a drop of 737.91% [4]. - The company’s debt ratio stood at 70.83%, with total assets of 75.242 billion yuan, a decrease of 1.56% from the beginning of the year, and total liabilities of 53.296 billion yuan, an increase of 5.46% [5]. Company Announcement Summary - The actual controller of Xinda Real Estate has changed from the Ministry of Finance of the People's Republic of China to Central Huijin Investment Ltd., with the relevant announcement disclosed on September 6, 2025 [5].