China Jinmao stock weighs weaker profit against stronger sales

Published on 10/07/2026 at 02:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

China Jinmao stock reported RMB 21.42 billion in first-half revenue, down 15 percent year over year. Contracted sales rose 8 percent to RMB 57.5 billion.

China Jinmao, HK0817039453, Illustration mit AI erstellt.

China Jinmao stock was last at HKD 1.29 on the Hong Kong Stock Exchange on October 6, 2026, after a 0.39 percent daily gain. The latest operating picture combines a 15 percent revenue decline with an 8 percent increase in contracted sales, according to Moomoo in its report on September 10, 2026.

Revenue falls as sales improve

For the six months ended June 30, 2026, China Jinmao reported revenue of RMB 21.42 billion, down from RMB 25.11 billion in the prior-year period. Profit attributable to owners of the parent company fell 19 percent to RMB 879 million, while basic earnings per share declined 28 percent to RMB 0.0408.

The companys contracted sales reached RMB 57.5 billion in the first half, an 8 percent year-over-year increase. Moomoo reported that the sales ranking rose to No. 7, while the overall sales gross margin declined to 12 percent.

August sales add a second signal

The sales trend continued into the eight months ended August 31, 2026. MarketScreener reported preliminary contracted sales of RMB 74.1 billion for the period and RMB 7.398 billion for August alone.

That split matters because contracted sales and recognized revenue move through different stages. The first-half report showed RMB 16.8 billion in property development revenue, down 16 percent, while Jinmao Services revenue rose 6 percent to RMB 1.89 billion.

Analysts see upside from HKD 1.29

Consensus figures published by Investing.com show a Buy rating based on 11 analysts, with an average 12-month target of HKD 1.89. The high target is HKD 2.50 and the low target is HKD 1.00.

Against the HKD 1.29 price on October 6, 2026, the consensus target lies 46.51 percent above the stock. The valuation gap reflects expectations for stronger conversion of contracted sales, while the 19 percent profit decline keeps delivery timing and margins central to the outlook.

China Jinmao stock stays below its yearly high

China Jinmao stock was last at HKD 1.29 on October 6, 2026, at 4:08 p.m. HKT. The 52-week range was HKD 1.15 to HKD 2.04, and volume reached 6,905,933 shares.