Gemdale reports a RMB 2.75 billion loss: what it means for Gemdale stock

Published on 10/14/2026 at 00:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 20.00 percent to RMB 12.54 billion in the first half of 2026. For Gemdale stock this means a 16.90 percent gross margin, up 3.70 points.

Interim loss and margin

Gemdale Corporation reported a RMB 2.75 billion net loss attributable to shareholders for the first half of 2026 on September 28, 2026.
First-half revenue reached RMB 12.54 billion after falling 20.00 percent year over year.
Gross margin reached 16.90 percent, up 3.70 percentage points from the prior-year period.

Gemdale, CNE000001790, Illustration mit AI erstellt.

Gemdale Corporation (CNE000001790) reported a RMB 2.75 billion net loss attributable to shareholders for the first half of 2026, according to Futunn on September 28, 2026. The figure compares with a RMB 3.70 billion loss in the first half of 2025, giving the report a clear year-over-year comparison.

Revenue falls in first half

Futunn said Gemdale generated RMB 12.54 billion of revenue in the first half of 2026, down 20.00 percent from the prior-year period. Development revenue declined 28.10 percent to RMB 6.99 billion, making the property development business the main pressure point in the reported mix.

The net loss after deducting non-recurring items reached RMB 3.13 billion, compared with RMB 3.55 billion in the first half of 2025. That difference shows that the statutory loss narrowed, while underlying profitability remained negative.

What does the margin mean?

Gemdale's overall gross margin reached 16.90 percent in the first half of 2026, an increase of 3.70 percentage points from the prior-year period, according to Futunn. The margin improvement stands alongside the revenue decline, so investors get a mixed operating signal rather than a simple recovery story.

The same commentary cited forecasts for net profit attributable to shareholders of negative RMB 4.40 billion for 2026, negative RMB 2.80 billion for 2027 and negative RMB 0.40 billion for 2028. Those figures are forecasts, not reported results, and they frame the path management and analysts expect after the first-half loss.

Interim figures set the reference point

The first-half report dated September 28, 2026 provides the latest dated operating reference for Gemdale in this article. Its combination of RMB 12.54 billion in revenue, a 16.90 percent gross margin and a RMB 2.75 billion attributable loss gives the stock story three distinct measures of scale, profitability and earnings pressure.

Gemdale is listed on the Shanghai Stock Exchange under ticker 600383, with the company identified by ISIN CNE000001790. Market data identify the issuer as a China-based real estate company.