Beijing Jiajiaye(02210.HK) Warning: Expected net profit attributable to equity shareholders for 2025 to decrease by 25% to 35%

NightAirdropper · 2026-03-07T15:16:35+00:00

Beijing Jiaye expects its profit for 2025 to decrease by 30% to 40%, mainly due to intensified market share competition and a decline in rental prices leading to impairment losses. Profits attributable to equity shareholders are also expected to decrease by 25% to 35%.

NightAirdropper

2026-03-07 15:16:35

Abstract generation in progress

Gelonghui March 6 — Jingcheng Jiaye (02210.HK) announced that for the year ending December 31, 2025 (“2025 Fiscal Year”), the company expects (1) to record a group net profit of approximately RMB 50.8 million to RMB 59.2 million, a decrease of 30% to 40% compared to approximately RMB 84.6 million in the same period of 2024; and (2) attributable profit to equity shareholders of approximately RMB 51.8 million to RMB 59.8 million, a decrease of 25% to 35% compared to approximately RMB 79.7 million in the same period of 2024.

The aforementioned decrease in the group’s net profit and attributable profit to equity shareholders for 2025 is mainly due to the following reasons: First, to gain market share, the group increased investment in the early stages and quality maintenance of property management projects; second, influenced by current market demand changes and industry cyclical adjustments, the rental price of container houses has shown a significant downward trend. According to the relevant provisions of the International Financial Reporting Standards issued by the International Accounting Standards Board, the group recognized impairment losses on the container house equipment it holds.

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