Shimao reported RMB 10.50 billion sales: Shimao stock fell 14.29 percent

Published on 10/20/2026 at 21:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shimao sold 857,239 square meters in nine months to September 30. Shimao stock traded HKD 0.06 on October 20, 2026, down 14.29 percent on HKEX.

Sales and financial pressure

Shimao Group reported RMB 10.50 billion in contracted sales for the nine months ended September 30, 2026.
Revenue fell 26.10 percent to RMB 10.96 billion in the six months ended June 30, 2026.
Shimao stock traded at HKD 0.06 on October 20, 2026, down 14.29 percent from the HKD 0.07 prior close.
Total borrowings stood at RMB 176.14 billion at June 30, 2026.

Shimao, KYG810431042, Illustration mit AI erstellt.

Shimao Group Holdings Limited (KYG810431042) reported contracted sales of RMB 10.503 billion for the nine months ended September 30, 2026, according to FilingReader on October 16, 2026. The group sold 857,239 square meters during the period. On HKEX, the stock last traded at HKD 0.06 on October 20, 2026 at 4:08 p.m. HKT, down 14.29 percent from the prior close of HKD 0.07.

Nine-month sales reached RMB 10.50 billion

The sales figure provides the latest operating measure for the property developer. September alone contributed RMB 0.782 billion in contracted sales, with 65,067 square meters sold at an average price of RMB 12,018 per square meter.

The nine-month average selling price was RMB 12,252 per square meter. That compares with contracted sales of RMB 8.208 billion and 667,945 square meters in the six months ended June 30, 2026, giving the later nine-month period a larger cumulative sales base.

Revenue fell 26.10 percent

Shimao's interim report showed revenue of RMB 10.961 billion for the six months ended June 30, 2026, down 26.10 percent from the same period a year earlier. The reported loss attributable to shareholders was RMB 6.187 billion, while basic loss per share was RMB 0.66, according to Moomoo on September 25, 2026.

Market value and financial pressure

At HKD 0.06, the stock stood 50.00 percent above its 52-week low of HKD 0.04 and 81.25 percent below its 52-week high of HKD 0.32 on October 20, 2026. Trading volume reached 56,305,500 shares, while market capitalization was HKD 612.1 million.

Total borrowings were RMB 176.143 billion at June 30, 2026, and the company reported cash and bank balances of RMB 10.844 billion. The interim report also said Shimao continued work on offshore debt restructuring and had not repaid RMB 98.2 billion of borrowings as scheduled.

Comparison with peers

Shimao: down 14.29 percent, P/E 0.03, market capitalization HKD 612.1 million.

China Resources Land (HKEX, HKD): down 2.19 percent, P/E 7.88, market capitalization HKD 216.6 billion.

Longfor Group (HKEX, HKD): up 0.60 percent, market capitalization HKD 35.0 billion.

Stock remains under pressure

The latest sales release adds an operating measure, but the interim figures show the scale of the financial strain. For investors, the contrast between RMB 10.50 billion in nine-month contracted sales and the RMB 6.187 billion interim loss remains central to the stock's risk profile.

Market context: Current market reports.

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