)

Guangzhou R&F Properties (2777) investor relations material
Guangzhou R&F Properties H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Persistent global economic challenges, including trade tariffs and geopolitical conflicts, led to a 3.2% contraction in global trade volume and a slowdown in GDP growth across major economies to 1.1% in 1H2025.
China's GDP grew 5.3% in 1H2025, but the property sector remained weak due to unresolved debt and restructuring issues.
Management maintained a conservative approach, focusing on liquidity, stable contract sales, and ongoing restructuring efforts for both onshore and offshore debt.
No interim dividend declared for the period.
Financial highlights
Revenue fell 59% year-over-year to RMB5.77 billion, mainly due to a 60% drop in property development revenue and a 70% decline in hotel operations revenue.
Gross profit margin for property development (excluding impairment) improved to 19.4% from 10.9% year-over-year.
Net loss widened to RMB4.08 billion from RMB2.33 billion in 1H2024.
Cash and bank balances stood at RMB3.51 billion as of 30 June 2025.
No interim dividend declared for the period.
Outlook and guidance
Management will maintain a conservative approach to liquidity and continue active engagement with creditors and investors to progress restructuring.
Plans include asset sales, cost controls, and accelerating property sales to address financial obligations.
Ongoing restructuring of onshore and offshore debt, with confidence in further progress.
Next Guangzhou R&F Properties earnings date

Next Guangzhou R&F Properties earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage