Shimao Group reports RMB 6.187 billion loss: what it means for Shimao Group stock

Published on 10/07/2026 at 00:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shimao Group stock had a EUR 0.01 prior close on October 5, 2026. Revenue for six months ended June 30, 2026 fell 26.10 percent to RMB 10.961 billion.

Shimao, KYG810431042, Illustration mit AI erstellt.

Shimao Group Holdings Limited (KYG810431042) reported a RMB 6.187 billion loss attributable to equity holders for the six months ended June 30, 2026. In the interim report dated September 25, 2026, Moomoo said revenue fell 26.10 percent year over year to RMB 10.961 billion, giving investors a fresh measure of the group's financial pressure.

What the RMB 6.187 billion loss means

The loss narrowed 30.70 percent from RMB 8.934 billion in the same period of 2025, but remained substantial relative to revenue. Gross loss also narrowed to RMB 36 million from RMB 908 million, indicating an improvement in the reported gross result without changing the broader loss-making picture.

Contracted sales totaled RMB 8.208 billion during the first half of 2026, while property sales revenue contributed RMB 5.918 billion, or 54.00 percent of total revenue, according to Moomoo. The comparison matters because the revenue decline was attributed to reduced delivered floor area, while contracted sales show the volume of business secured during the period.

Debt remains the decisive counterweight

Shimao reduced total borrowings by RMB 6.123 billion from the end of 2025 to RMB 176.143 billion, while cash and bank balances stood at RMB 10.844 billion at June 30, 2026. The report also said the group had failed to repay RMB 98.2 billion of borrowings as scheduled and was involved in multiple lawsuits.

A winding-up petition filed at the High Court of Hong Kong on August 27, 2026 adds a legal risk to the financial recovery story. FilingReader reported that the first hearing is scheduled for November 11, 2026.

Stock context and the next reference point

Shimao Group stock was reported up 10.64 percent on October 6, 2026 as Hong Kong-listed property shares rallied during the National Day Golden Week. Cailian Press linked the sector move to new housing sales rules and a residential mortgage interest subsidy policy effective October 1, 2026.

Lang & Schwarz shows a prior close of EUR 0.01 for October 5, 2026, with the quote page dated October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Shimao stock.