China-Thailand Securities reaffirms Buy for Yuexiu Property stock

Published on 10/07/2026 at 01:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 23.00 percent to RMB 36.65 billion. For Yuexiu Property stock, profit fell 93.60 percent to RMB 0.09 billion.

Yuexiu Property, HK0000745908, Illustration mit AI erstellt.

Yuexiu Property stock's latest analyst action was a Buy reaffirmation by China-Thailand Securities on September 23, 2026. The company reported RMB 36.65 billion in revenue for the first half of 2026, down 23.00 percent year over year.

Profit pressure sharpens

Quartr reported that profit attributable to equity holders fell 93.60 percent to RMB 0.09 billion in the first half of 2026, while core net profit fell 94.60 percent to RMB 0.08 billion. Gross profit margin declined to 6.20 percent, and gross profit fell 55.20 percent to RMB 2.27 billion.

The pressure was concentrated in recognized property revenue and margins. Contracted sales reached RMB 50.51 billion in the first half of 2026, down 17.90 percent year over year, while sales area rose 16.20 percent to 1.699 million square meters, according to Futubull.

Cash flow and targets

Yuexiu Property entered the second half of 2026 with RMB 132.44 billion in unrecognized sales value, up 0.30 percent from the start of the year. Operating cash flow produced a net inflow of RMB 13.77 billion in the first half, while the weighted average borrowing cost fell to 2.91 percent from 3.16 percent at the start of the year, as reported by Futubull.

The company targets RMB 100.00 billion in sales for 2026 and has RMB 215.70 billion in saleable resources. It also declared an interim dividend of HKD 0.009 per share, maintaining a 40.00 percent payout ratio for the 15th consecutive year, according to Quartr.

Analysts retain a positive view

DBS maintained its Buy rating on September 30, 2026, and set a HKD 5.58 price target, according to Markets Insider. That view contrasts with the 6.20 percent gross margin and 93.60 percent profit decline, leaving sales conversion and margin recovery as the central operating tests.

Hong Kong quote and German reference

Yuexiu Property was last quoted at HKD 3.31 on the Hong Kong Stock Exchange on October 6, 2026 at 4:08 p.m. HKT, up 0.61 percent from HKD 3.29. At Lang & Schwarz, the prior close was EUR 0.38 on October 6, 2026.

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