JINKE PROPERTY(SZ:000656) Di Yi Cai Jing·2026-01-30 14:01Group 1 - The core point of the news is that Jinke Co., Ltd. (stock code: *ST Jinke, 000656.SZ) announced a significant turnaround in its financial outlook for 2025, projecting a net profit of 30 billion to 35 billion yuan, with basic earnings per share expected to be between 2.8 yuan and 3.3 yuan [2] - Jinke Co. has faced substantial losses over the past three years, with net profits of -21.4 billion yuan, -8.7 billion yuan, and -32 billion yuan for the years 2022 to 2024 respectively [2] - The company successfully completed its judicial restructuring plan, which is expected to yield a debt restructuring benefit of approximately 68 billion to 70 billion yuan, contributing to a significant shift from losses to substantial profits [2] Group 2 - Despite the successful restructuring, Jinke Co.'s operational fundamentals have not shown significant improvement, with a projected net loss of 29 billion to 35 billion yuan for 2025 after excluding non-recurring gains [3] - The primary reasons for the continued losses include reduced revenue and profit recognition, increased interest expenses on debt, and asset impairment losses [3] - Jinke Co. has issued a risk warning regarding the potential for its stock to be delisted due to negative net assets and consecutive years of negative net profits, which could trigger delisting risks under the Shenzhen Stock Exchange regulations [3]