Shenzhen Tagen Group Reports Q3 Loss of 21.29 Million Yuan

Deep News2025-10-27

On October 27, Shenzhen Tagen Group Co., Ltd. (000090) released its Q3 2025 financial report. The company reported revenue of 9.96 billion yuan, up 7.8% year-on-year, while net profit attributable to shareholders dropped 93.9% to 20.13 million yuan. Non-GAAP net profit plunged 99.6% to 1.27 million yuan, with operating cash flow turning negative at -995 million yuan, down 2,236.6% year-on-year. Diluted EPS stood at 0.0108 yuan.

In Q3 alone, revenue grew 9.7% to 3.7 billion yuan, but the company posted a net loss of 21.29 million yuan attributable to shareholders, down 126.1% year-on-year. Non-GAAP net loss reached 20.9 million yuan, with EPS at -0.0114 yuan.

As of Q3-end, total assets stood at 63.347 billion yuan, down 0.9% from year-end 2024, while shareholders' equity declined 0.7% to 14.487 billion yuan.

The company, engaged in real estate development, construction, investment and related services, reported negative operating cash flow of 995 million yuan, indicating liquidity pressure. Non-recurring items included 89,200 yuan from disposal of non-current assets and 200,000 yuan in government subsidies. Investment properties grew significantly to 3.708 billion yuan, reflecting asset allocation adjustments.

Major shareholders include Shenzhen Special Zone Construction Engineering Group (23.47%) and Shenzhen Capital Operation Group (16.10%), highlighting their governance influence. The company remains focused on improving operational efficiency and financial management amid current challenges.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment