China Resources Land stock reflects 2026 interim results

Published on 10/07/2026 at 01:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Core profit rose 1.60 percent in the first half of 2026. China Resources Land stock sits at a HKD 210.6 billion market value on October 6, 2026.

CR Land, KYG2108Y1052, Illustration mit AI erstellt.

China Resources Land (ISIN KYG2108Y1052) reported its 2026 interim results on September 24, 2026, with core net profit rising 1.60 percent year over year to RMB 10.16 billion, according to Quartr. China Resources Land stock is represented by HKEX ticker 1109 and had a market capitalization of HKD 210.6 billion on October 6, 2026.

Recurring income offsets property pressure

The headline result was mixed beneath the stable core profit. Consolidated revenue reached RMB 67.87 billion in the first half of 2026, while development property revenue fell 39.10 percent year over year to RMB 45.26 billion, according to Quartr.

Recurring business revenue rose 9.90 percent year over year to RMB 22.61 billion and generated 65.50 percent of core net profit. Investment property rental revenue reached RMB 14.16 billion, up 17.00 percent year over year, giving the earnings mix a steadier counterweight to weaker development settlements.

Sales and balance sheet remain central

Contracted sales reached RMB 116.50 billion in the first half of 2026, up 5.60 percent year over year, while more than 60.00 percent of sales came from tier-one cities, FilingReader reported on September 24, 2026.

The company held RMB 98.91 billion in cash as of June 30, 2026, while its net interest-bearing debt-to-equity ratio stood at 41.00 percent. That combination leaves sales conversion, financing costs and recurring rental growth as the main figures shaping the next valuation debate.

What the results mean for valuation

The results show a clear split: property development contracted while recurring businesses expanded. For investors, the 17.00 percent rental-revenue increase and the 65.50 percent recurring-profit contribution matter because they reduce the earnings dependence on residential settlement timing, although the 39.10 percent decline in development revenue remains a material counter-factor.

China Resources Land also declared an interim dividend of RMB 0.20 per share for the first half of 2026, unchanged from the prior year, according to Quartr. The unchanged payout adds income support, while the revenue comparison keeps execution in the property business at the center of the stock story.

Prior close and valuation context

Lang & Schwarz showed a prior close of EUR 3.36 on October 5, 2026. The Hong Kong listing had a 52-week range of HKD 26.70 to HKD 39.88 and a market capitalization of HKD 210.6 billion on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of CR Land stock.