China Yuanbang Property Holdings (BCD) investor relations material

Executive summary

• FY2025 revenue fell 74.8% YoY to RMB43.0m as fewer residential units were handed over; net loss narrowed to RMB28.6m from RMB145.7m.

• Gross profit recovered to RMB16.9m from a gross loss of RMB27.5m, while cash and cash equivalents ended the year at RMB25.7m.

Financial highlights

• Revenue was RMB43.0m versus RMB170.8m in FY2024; cost of sales declined to RMB26.1m from RMB198.3m.

• Gross profit was RMB16.9m versus a gross loss of RMB27.5m; management attributed the swing mainly to cost of sales falling more than revenue.

• Operating loss was RMB20.9m; loss before tax was RMB27.6m versus RMB144.5m, and net loss was RMB28.6m versus RMB145.7m.

• Other income and gains were RMB6.5m, compared with RMB56.9m of other expenses in FY2024; finance costs declined to RMB6.7m from RMB12.7m.

Outlook and guidance

• Assessing available options, including a group restructuring, with a view to applying for resumption of share trading; further announcements planned if proposals proceed.

• Planning a shareholder information session within four months from 23 February 2026 and steps to regularise AGMs following an SGX RegCo notice of compliance.

• No dividend declared or recommended for FY2025; cash conservation cited to meet operational and financial requirements.