Reported Q: Q1 2025 Rev YoY: -94.6% EPS YoY: +140.2% Move: 0.00%
Midea Real Estate Holding
3990.HK
HKD4.11 0.00%
Exchange HKSE Sector Real Estate Industry Real Estate Services
Q1 2025
Published: Mar 31, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for 3990.HK

Reported

Report Date

Mar 31, 2025

Quarter Q1 2025

Revenue

998.29M

YoY: -94.6%

EPS

0.11

YoY: +140.2%

Market Move

0.00%

Previous quarter: Q2 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $998.29M down 94.6% year-over-year
  • EPS of $0.11 increased by 140.2% from previous year
  • Gross margin of 30.8%
  • Net income of 152.73M
  • "No earnings call transcript available for QQ1 2025; no direct management quotes are included in the provided data." - N/A
3990.HK
Company 3990.HK

Executive Summary

Midea Real Estate Holding Limited reported QQ1 2025 results characterized by an exceptionally steep revenue decline against a recovering but volatile macro backdrop for China's real estate sector. Revenue totaled 998.3 million CNY, down 94.6% year over year and 92.1% quarter over quarter, underscoring the breadth of the sector-wide demand headwinds and a difficult base period in the prior year. Despite the sales pullback, gross profit reached 307.4 million CNY with a gross margin of 30.79%, and EBITDA stood at 223.1 million CNY, yielding an EBIT margin of 19.82% and a net income of 152.7 million CNY (net margin 15.30%). The company also reported positive earnings per share of 0.11 CNY for QQ1 2025, with diluted EPS at the same level, reflecting disciplined cost management and favorable product mix within the quarter.

Key Performance Indicators

Revenue
Decreasing
998.29M
QoQ: -92.06% | YoY: -94.64%
Gross Profit
Decreasing
307.36M
30.79% margin
QoQ: -73.51% | YoY: -83.35%
Operating Income
Decreasing
197.91M
QoQ: 12.66% | YoY: -81.69%
Net Income
Increasing
152.73M
QoQ: -18.73% | YoY: 132.31%
EPS
Increasing
0.11
QoQ: -15.38% | YoY: 140.17%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 1,996.59 0.22 -84.1% View
Q1 2025 998.29 0.11 -94.6% View
Q2 2024 12,567.06 0.13 -30.8% View
Q1 2024 12,567.06 0.13 -30.8% View