Revenue by Segment

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

Millions CNY. Fiscal year is Jan - Dec.

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 '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Property Management	37.36B	36.38B	33.42B	30.32B	24.04B
Property Management Growth	2.70%	8.85%	10.22%	26.14%	32.06%
Unallocated Items	17.39B	19.54B	17.01B	16.82B	17.32B
Unallocated Items Growth	-10.97%	14.85%	1.14%	-2.91%	-8.21%
Development and operation of business	183.06B	295.10B	423.02B	-	-
Development and operation of business Growth	-37.97%	-30.24%	-	-	-
Offset	-4.38B	-7.84B	-7.71B	-9.28B	-11.70B
Property development - Central	-	-	-	33.06B	38.81B
Property development - Central Growth	-	-	-	-14.81%	-
Property development - Southwest	-	-	-	54.96B	45.11B
Property development - Southwest Growth	-	-	-	21.82%	-
Property development - Northwest	-	-	-	33.79B	29.86B
Property development - Northwest Growth	-	-	-	13.14%	8.23%
Property development - Shanghai	-	-	-	137.68B	102.86B
Property development - Shanghai Growth	-	-	-	33.85%	-6.80%
Property development - South	-	-	-	101.07B	114.51B
Property development - South Growth	-	-	-	-11.73%	2.04%
Property development - Beijing	-	-	-	68.97B	58.89B
Property development - Beijing Growth	-	-	-	17.11%	-
Property development - Northeast	-	-	-	36.45B	33.10B
Property development - Northeast Growth	-	-	-	10.13%	-
Total	233.43B	343.18B	465.74B	503.84B	452.80B
Total Growth	-31.98%	-26.32%	-7.56%	11.27%	8.04%

Source: S&P Global Market Intelligence.