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*ST Development: First Quarter Report for 2026
ST Development staged a dramatic 'limit-up from limit-down' reversal.
Gelonghui reported on April 27 that *ST Development's stock surged to the daily limit, staging a dramatic reversal from hitting the lower circuit to reaching the upper circuit. It is currently trading at 1.8 yuan, with a turnover of 164 million yuan.
Caixin Development reported a net loss attributable to shareholders of 6.30 billion yuan in 2025, with real estate revenue accounting for nearly 70% while the asset-liability ratio exceeded 112%.
In 2025, the company's revenue and profits plummeted, with a consolidated net loss of 6.30 billion yuan. The asset-liability ratio reached 112.23%, resulting in negative net assets, and raising significant uncertainties about its ability to continue as a going concern.
Caixin Development: 2025 Annual Report
Caixin Development: Summary of the 2025 Annual Report
Caixin Development (000838.SZ) reported a net loss of 6.30 billion yuan in 2025.
Gelonghui, April 23rd: The 2025 annual report released by Caixin Development (000838.SZ) shows that the company achieved a total annual revenue of 283 million yuan, representing a year-on-year decline of 65.80%; net profit attributable to shareholders was -630 million yuan; non-recurring net profit attributable to shareholders was -635 million yuan.