China Merchants Land Limited (HKG:0978)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Asset Management Segment	12.88M	17.42M	14.97M	30.46M	18.93M
Asset Management Segment Growth	-26.06%	16.37%	-50.85%	60.86%	4.76%
Properties Segment	26.24B	20.64B	28.79B	29.84B	25.90B
Properties Segment Growth	27.10%	-28.28%	-3.54%	15.20%	36.77%
Total	26.25B	20.66B	28.80B	29.87B	25.92B
Total Growth	27.05%	-28.26%	-3.58%	15.24%	36.74%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Foshan	4.39B	744.94M	1.33B	1.44B	3.87B
Foshan Growth	489.57%	-44.00%	-7.53%	-62.79%	71.34%
Guangzhou	1.33B	1.51B	1.43B	1.46B	2.22B
Guangzhou Growth	-11.37%	5.68%	-2.15%	-34.35%	-32.21%
Nanjing and Jurong	5.41B	8.41B	11.08B	14.15B	8.51B
Nanjing and Jurong Growth	-35.67%	-24.08%	-21.73%	66.34%	35.89%
Chongqing	4.42B	4.36B	4.98B	5.01B	8.98B
Chongqing Growth	1.37%	-12.55%	-0.54%	-44.25%	31.22%
Xi'an	10.63B	5.57B	9.92B	7.74B	2.26B
Xi'an Growth	90.64%	-43.82%	28.16%	241.84%	787.02%
Hong Kong	70.68M	70.19M	65.57M	74.26M	81.65M
Hong Kong Growth	0.70%	7.05%	-11.71%	-9.05%	23.37%
Total	26.25B	20.66B	28.80B	29.87B	25.92B
Total Growth	27.05%	-28.26%	-3.58%	15.24%	36.74%

Source: S&P Global Market Intelligence.