Greenland Holdings(SH:600606) Zhi Tong Cai Jing·2026-01-09 08:08Core Viewpoint - Greenland Holdings (600606.SH) expects to report a net loss attributable to shareholders of the parent company ranging from -19 billion to -16 billion yuan for the year 2025, with a net profit excluding non-recurring gains and losses projected between -18.95 billion and -15.9 billion yuan [1] Group 1 - The company anticipates continued losses in 2025 due to several factors, including ongoing declines in asset prices, increased promotional efforts to accelerate sales, and extended project development cycles [1] - The company plans to make provisions for impairment on inventories that are deemed risky, following a cautious approach [1] - The real estate sector is facing significant challenges, with a substantial year-on-year decline in both the revenue scale of the construction industry and the turnover scale of the real estate sector, leading to further pressure on performance [1] Group 2 - The gross profit margin from real estate turnover has also decreased year-on-year, contributing to the overall performance decline [1] - There has been a reduction in interest capitalization for real estate projects, resulting in an increase in interest expenses recognized in the current financial period [1]