Gemdale stock: Gemdale reports a RMB 2.75 billion loss for Gemdale stock

Published on 10/23/2026 at 01:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 20.00 percent to RMB 12.54 billion in 2026. Gemdale stock last stood at CNY 2.18 on October 22, 2026 on Shanghai.

Half-year loss and sales pressure

Gemdale reported a RMB 2.75 billion first-half loss on September 28, 2026.
First-half revenue fell 20.00 percent to RMB 12.54 billion in 2026.
Gemdale's market capitalization stood at CNY 9.8 billion as of October 22, 2026.

Gemdale, CNE000001790, Illustration mit AI erstellt.

Gemdale (ISIN CNE000001790) reported a RMB 2.75 billion loss attributable to shareholders for the first half of 2026, according to Futunn on September 28, 2026. The report also showed a weaker top line but a higher gross margin.

Three dated stock events

In April 2026, Gemdale redeemed its final tranche of corporate bonds, bringing publicly issued debt to zero, according to Futunn. On September 28, 2026, the first-half report put revenue at RMB 12.54 billion and the shareholder loss at RMB 2.75 billion. On October 16, 2026, Gemdale stock rose 2.23 percent to CNY 2.29 in Shanghai, according to Global Banking and Finance.

What changed in the report?

The main pressure came from lower development activity. Development revenue fell 28.10 percent year over year to RMB 6.99 billion in the first half of 2026, while total-scope sales declined 44.40 percent to RMB 9.53 billion. Gross margin moved in the opposite direction, rising 3.70 percentage points to 16.90 percent. The improvement helped narrow the loss from RMB 3.70 billion in the first half of 2025.

Debt is lower, demand remains key

Interest-bearing liabilities stood at RMB 64.80 billion at the end of the first half of 2026, down 7.00 percent year over year. Advance receipts fell 63.60 percent to RMB 10.59 billion, a figure that points to weaker contracted activity ahead of settlement revenue. The company also reported 23.33 million square meters of uncompleted land reserves, down 13.60 percent from a year earlier.

Shanghai valuation context

Gemdale was last at CNY 2.18 on the Shanghai Stock Exchange on October 22, 2026 at 3:00 p.m. CST. The finance snapshot put its market capitalization at CNY 9.8 billion and its 52-week range at CNY 2.03 to CNY 4.21 as of that date. The figures leave the share price near the lower end of its annual band, while the interim figures put operating recovery ahead of short-term earnings strength.

Price and reporting context

Gemdale's next reporting date is not included here; the next dated focus is the first-half performance and its effect on sales conversion, margins and balance-sheet risk.