Shimao Services reported FY-2025 revenue of RMB 7.88 billion, broadly unchanged from 2024. Property management, the largest segment, rose 4.5 % to RMB 5.82 billion and contributed 73.8 % of total revenue. Community value-added services grew 9.5 % to RMB 1.32 billion, while value-added services to non-property owners advanced 13.1 % to RMB 199.10 million. City services fell 42.8 % to RMB 541.60 million after the September 2024 disposal of Wuxi Jinshatian Technology.
Gross profit declined 10.5 % to RMB 1.40 billion and gross margin narrowed to 17.8 % from 19.8 %. Operating profit reached RMB 161.50 million, reversing a RMB 157.70 million loss a year earlier. Net profit came in at RMB 134.60 million versus a RMB 223.00 million loss in 2024; core net profit improved 6.5 % to RMB 524.30 million. Basic earnings per share turned to RMB 0.04 from a RMB 0.11 loss.
Cash and cash equivalents, including time deposits over three months, fell 20.5 % to RMB 2.99 billion, mainly due to project upgrades, equity transfer payments, financial-asset investments and new associate stakes.
Operationally, gross floor area under management rose 1.3 % to 221.20 million sq m, while contracted GFA increased 6.5 % to 334.60 million sq m. Projects served spanned 145 cities across 1,428 sites.
The board proposed no final dividend for 2025. The AGM is scheduled for 22 June 2026; the share register will be closed 15–22 June 2026 for voting eligibility.