Longfor reports RMB 231.40 billion sales: Longfor stock posts 39.00 percent profit decline

Published on 10/20/2026 at 20:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 32.00 percent to RMB 39.80 billion on September 29, 2026. Longfor stock stood at EUR 0.58 at Lang & Schwarz on October 20, 2026.

Longfor sales and earnings

Longfor reported RMB 231.40 billion in contract sales for the first nine months of 2026.
First-half 2026 revenue fell 32.00 percent to RMB 39.80 billion, while attributable profit declined 39.00 percent.
Longfor stock stood at EUR 0.58 at Lang & Schwarz on October 20, 2026 at 8:11 p.m. CEST.
The HKEX quote was HKD 5.07 on October 20, 2026, with a market capitalization of HKD 35.0 billion.

Longfor, KYG5635P1090, Illustration mit AI erstellt.

Longfor had reported RMB 231.40 billion in cumulative contract sales for the first nine months of 2026, according to Investing.com on October 13, 2026. The figure covered 2.506 million square meters of contracted area, while attributable sales reached RMB 14.20 billion. Longfor stock stood at EUR 0.58 at Lang & Schwarz on October 20, 2026 at 8:11 p.m. CEST.

Sales show a split picture

The nine-month sales figure follows a difficult first half. Revenue fell 32.00 percent year over year to RMB 39.80 billion, and profit attributable to shareholders declined 39.00 percent to RMB 1.96 billion in the first half of 2026, Investing.com reported on October 13, 2026. The same report said Longfor had paid no interim dividend for 2026, compared with RMB 0.07 per share in the prior-year period.

That contrast matters because Longfor's operating businesses have been more resilient than property development. China Merchants Securities said on September 29, 2026 that first-half operating revenue reached RMB 7.30 billion, up 4.00 percent year over year, while services revenue rose 2.00 percent to RMB 6.40 billion. The analysis was published by Futu.

HKEX range spans HKD 4.74 to 10.83

Longfor last traded at HKD 5.07 on the Hong Kong Stock Exchange on October 20, 2026 at 4:08 p.m. HKT. The quote was 6.96 percent above the 52-week low of HKD 4.74 and 53.19 percent below the 52-week high of HKD 10.83. Trading volume reached 33,250,000 shares, while market capitalization stood at HKD 35.0 billion on the same date.

Debt and services shape valuation

China Merchants Securities noted that Longfor's interest-bearing liabilities had fallen to RMB 147.10 billion in the first half of 2026 and that its net gearing ratio stood at 52.00 percent. Commercial investment rental income reached RMB 5.98 billion, up 8.70 percent year over year, with occupancy at 97.40 percent at the end of the period.

The figures leave investors weighing two different signals. Development revenue fell 43.00 percent to RMB 26.10 billion in the first half, while operating and services revenue grew 3.20 percent in total. That mix makes the pace of property recovery and the contribution from recurring operations central to the stock's next valuation step.

Longfor stock stays under pressure

Longfor Group Holdings Limited is a Chinese real estate developer and operator with property development, investment, property management and related services businesses. The HKEX quotation gives investors a direct view of the sector's continuing pressure, while the operating and services divisions provide a separate source of revenue growth.

The further course of trading is shown by the continuously updated real-time quote of Longfor stock.