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Farewell to the "guaranteed delivery" challenge, Sunac China significantly narrows losses in 2025
Recently, several real estate companies have successively announced their performance for 2025. Sunac China’s latest 2025 annual performance announcement shows that the company’s interest-bearing liabilities are approximately 188.26 billion yuan, a year-on-year decrease of 71.41 billion yuan, effectively reducing leverage; the net loss attributable to the parent company is approximately 12.33 billion yuan, a significant narrowing of the loss by about 13.37 billion yuan compared to the previous year.
In terms of ensuring delivery, from 2022 to 2025, Sunac delivered 186,000 units, 312,000 units, 170,000 units, and 54,000 units respectively, totaling over 722,000 units delivered. As the peak delivery period has been smoothly passed and Sunac’s delivery assurance work is basically concluded, the company has returned from the “delivery assurance” combat state to the normal “sales - delivery” operational model, driving the company’s operations back on a healthy track.