1月30日，万科企业股份有限公司（万科A，000002.SZ）发布2025年度业绩预告，公告显示，2025年预计归属于上市公司股东的净亏损约820亿 元，扣除非经常性损益后的净亏损约800亿元。 | 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司股 东的净利润 | 亏损:约 8,200,000 万元 | 亏损: 4,947,842.92 万元 | | 扣除非经常性损益 后的净利润 | 亏损:约 8,000,000 万元 | 亏损:4.539,371.93 万元 | | 基本每股收益 | 亏损:约6.89 元/股 | 亏损:4.17 元/股 | 万科在公告中指出，公司预计2025年度业绩将出现亏损，主要原因包括四个方面： 据大智慧VIP，截至1月30日收盘，万科报4.88元/股，跌幅4.87%。 二是因业务风险敞口升高，新增计提了信用减值和资产减值。 三是部分经营性业务扣除折旧摊销后整体亏损，以及部分非主业财务投资亏损。 四是部分大宗资产交易和股权交易价格低于账面值。报告期内，万科保质交付11.7万套房子，经营服务业务营收保持稳健；积极推动开发业务的 各项降本增 ...

二是因业务风险敞口升高，新增计提了信用减值和资产减值。 三是部分经营性业务扣除折旧摊销后整体亏损，以及部分非主业财务投资亏损。 【大河财立方消息】1月30日晚间，万科企业股份有限公司（证券简称：万科A）发布2025年度业绩预 告。 数据显示，万科A预计2025年归属于上市公司股东的净利润亏损约820亿元，上年同期亏损约494.78亿 元；扣除非经常性损益后的净利润亏损约800亿元，上年同期亏损约453.94亿元。 | 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司股 东的净利润 | 亏损:约8.200.000 万元 | 亏损:4,947,842.92 万元 | | 扣除非经常生提益 后的净利润 | 亏损:约 8.000.000 万元 | 亏损:4,539,371.93 万元 | | 基本每股收益 | 亏损:约6.89元/股 | 亏损:4.17 元/股 | 对于业绩亏损，万科A表示主要有四方面原因。 一是房地产开发项目结算规模显著下降，毛利率仍处低位。报告期内，房地产开发业务结算利润主要对 应2023年、2024年销售的项目及2025年消化的现房和准现房库存。这 ...

Core Viewpoint - Vanke has announced its performance forecast for 2025, indicating a challenging year ahead despite support from major shareholders and efforts to stabilize operations. The company aims to deliver 117,000 homes while facing significant operational pressures and expected losses due to various factors [1] Group 1: Performance and Delivery - Vanke plans to deliver 117,000 homes in 2025, having completed nearly 70% of the required deliveries for the past two years, with the peak delivery period now passed [1] - The company achieved timely delivery of 117,000 homes, with 16,000 units delivered 30 days early and approximately 5,000 units delivered across the year-end [3] - Vanke has implemented various measures to enhance delivery efficiency, including the use of smart technologies like 360° cameras and drones for project monitoring [3] Group 2: Financial Challenges - Vanke's operational performance is under significant pressure due to a sharp decline in the scale of project settlements and low gross margins, primarily from projects sold in 2023 and 2024 [1] - The company has incurred additional credit and asset impairment provisions due to increased business risk exposure, alongside losses from operational activities and non-core financial investments [1] - The company reported that some asset transactions were executed at prices below their book values, contributing to the anticipated losses [1] Group 3: Support from Major Shareholders - Shenzhen Metro Group has provided over 30 billion yuan in shareholder loans to Vanke, with favorable terms to alleviate liquidity pressures [2] - The collaboration between Shenzhen Metro and Vanke has been strengthened through agreements in the housing rental sector and innovative projects like autonomous delivery systems [2] Group 4: Operational Resilience - Vanke's operational service business has shown stable revenue performance, achieving 43.57 billion yuan by Q3 2025, maintaining industry leadership in long-term rental business scale and efficiency [4] - The company has a management scale exceeding 200,000 units, with a stable occupancy rate of 94% in its rental properties [4] - Vanke aims to improve its operations through strategic focus, standardized operations, and technological empowerment to optimize business layout and structure [4]

1月30日，万科发布2025年度业绩预告。面对过去一年的多重艰巨挑战，在大股东和各方的大力支持 下，万科全力以赴、攻坚克难，实现了殊为不易的生产经营稳定。2025年，万科保质交付房屋11.7万 套，经营服务业务营收保持稳健，积极推动开发业务的降本增效，实现开发业务管理费用连续两年下 降。据了解，万科2025年已完成近两年需交付量约70%，交付高峰期已过，后续交付压力将显著下降。 万科自身也迎难而上，全力维持公司运营。房屋交付方面，在国家保交房政策"组合拳"持续落实和各方 支持下，万科克服重重挑战，完成2025年保交房任务。过去一年，万科多措并举推进交付工作，加强工 程品质全周期管理，提升项目过程管理的精细化水平，开展"城市兴交付"主题行动以构建可复制、可推 广的标准化工具体系，将360°摄像头、无人机巡场等智慧技术运用到项目工地让业主"云监工"，邀请客 户线下走进工地实地观看工程情况，积极开展"交付即办证"服务为客户提供便利，强化社区运营和配套 以打造有温度的社区生态。通过一系列的扎实行动，万科全年按期保质交付11.7万套房屋，其中1.6万套 实现提前30天交付，约5000套实现跨年提前交付，济南、郑州、南昌 ...

China Vanke Co. said losses widened by two-thirds in 2025, citing a sharp decline in its property developments https://t.co/rX855BJV6y ...

2025年，大股东深圳地铁集团竭尽所能提供了多种形式支持，帮助万科维持生产经营稳定。根据公开信 息显示，深铁累计向万科提供了超300亿元的股东借款，且借款条件优于市场水平，真金白银帮助万科 缓解流动性压力。不仅是流动性支持，大股东还与万科加强了业务协同，深圳地铁置业集团与万科旗下 长租公寓品牌泊寓签署深铁项目租赁运营框架协议，进一步深化在住房租赁领域的合作。深铁还与万科 携手上线了全球首例"机器人自主搭乘地铁为商家配送货"试点合作，并于2025年四季度逐步批量交付上 线运行。 万科自身也迎难而上，全力维持公司运营。房屋交付方面，在国家保交房政策"组合拳"持续落实和各方 支持下，万科克服重重挑战，完成2025年保交房任务。过去一年，万科多措并举推进交付工作，加强工 程品质全周期管理，提升项目过程管理的精细化水平，开展"城市兴交付"主题行动以构建可复制、可推 广的标准化工具体系，将360°摄像头、无人机巡场等智慧技术运用到项目工地让业主"云监工"，邀请客 户线下走进工地实地观看工程情况，积极开展"交付即办证"服务为客户提供便利，强化社区运营和配套 以打造有温度的社区生态。通过一系列的扎实行动，万科全年按期保质交付 ...

每经AI快讯，1月30日，万科企业在港交所公告，预计2025年度净利润亏损约820亿元，上年同期亏损 494.78亿元。 ...

今日，万科发布2025年度业绩预告。面对过去一年的多重艰巨挑战，在大股东和各方的大力支持下，万 科全力以赴、攻坚克难，实现了殊为不易的生产经营稳定。2025年，万科保质交付房屋11.7万套，经营 服务业务营收保持稳健，积极推动开发业务的降本增效，实现开发业务管理费用连续两年下降。据了 解，万科2025年已完成近两年需交付量约70%，交付高峰期已过，后续交付压力将显著下降。万科于公 告中表示，将全力以赴推进经营改善，通过战略聚焦、规范运作和科技赋能等措施，推动业务布局优化 和结构调整，提升多场景的开发和经营能力，上下凝心聚力，有序地化解风险，摆脱困境，推动公司早 日走出低谷。 ...

万科：全年净亏损初步数据820亿元人民币。 ...

Core Viewpoint - Vanke A announced an expected net loss of approximately 82 billion yuan for the fiscal year 2025, compared to a loss of 49.478 billion yuan in the same period last year [1] Summary by Relevant Categories Financial Performance - The company anticipates a significant decline in the scale of real estate project settlements, contributing to the expected losses [1] - The gross profit margin remains at a low level, further impacting financial performance [1] Impairments and Losses - The company has newly recognized credit impairments and asset impairments, which will affect overall profitability [1] - Operational business activities, after accounting for depreciation and amortization, are expected to show an overall loss [1] Non-Core Business Impact - Losses from certain non-core financial investments are also contributing to the anticipated net loss [1] - Some transactions involving bulk assets and equity trades are expected to be priced below their book values, exacerbating the financial situation [1]