CHINA CINDA (01359) announced its 2025 financial results. Total revenue was approximately 72.175 billion yuan, a decrease of 1.2% year-on-year. Profit attributable to the company's shareholders was approximately 3.562 billion yuan, representing an increase of 17.3% compared to the previous year. Earnings per share were 0.05 yuan, and the board proposed a cash dividend of 0.2801 yuan per 10 shares (tax inclusive). As of the end of 2025, the group's total assets amounted to 1.7 trillion yuan, an increase of 5.0% year-on-year.
The company maintained its focus on the non-performing asset sector, with new investment exceeding 130 billion yuan, an increase of nearly 20% year-on-year, reaching the highest level in the past three years. Cash recoveries surpassed 145 billion yuan, showing growth and remaining at a high level, while operating cash flow remained reasonably stable.
The financial subsidiaries improved their operational efficiency and effectiveness. The financial services segment reported a pre-tax profit of 6.06 billion yuan, a significant increase of 40.5% year-on-year. Liquidity remained safe and controllable, with capital adequacy ratios at all levels staying stable. The company's international credit ratings continued to lead the industry.
In 2025, the company acquired non-performing financial assets with an original book value exceeding 300 billion yuan, maintaining its leading position in the public bulk transfer market for multiple consecutive years. It continuously diversified its business scenarios and acquisition models, achieving breakthroughs in areas such as bank restructuring assets and impaired assets, corporate asset management product shares, defaulted bonds, bankruptcy property right trusts, and cross-border non-performing assets. The annual acquisition scale of non-performing individual loan assets exceeded 10 billion yuan, demonstrating notable results from intensive operations.
The company actively participated in the reform and risk mitigation of small and medium-sized financial institutions. It acquired and was entrusted to dispose of non-performing credit principal and interest from local small and medium-sized banks totaling over 120 billion yuan. It participated in due diligence, valuation, and risk resolution plan design for several small and medium-sized banks, assisting in the reform of rural credit cooperatives in multiple regions and helping local governments mitigate regional financial risks.
Throughout 2025, the company continued to support the resolution of risks in the real estate sector, making significant progress in ensuring the delivery of pre-sold homes. It allocated 17.7 billion yuan in funds, facilitating the completion and delivery of 48,000 housing units, and supporting the resumption of work on projects with a total value exceeding 120 billion yuan. The company also provided prudent and cautious support for resolving local government debt risks, investing over 18 billion yuan across 13 provinces, revitalizing assets worth more than 45 billion yuan, and assisting multiple regions in breaking cycles of interlinked debt arrears.
Through bankruptcy reorganization, the company helped troubled enterprises achieve recovery and rebirth. It focused on large groups and listed companies, deploying over 8.5 billion yuan, resolving debt issues exceeding 300 billion yuan for problematic enterprises, thereby continuously enhancing its brand influence.
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