Net profit of Sunac China 2022

Published by
Wenyi Zhang,
Dec 7, 2023
In 2022, the Chinese property development company Sunac generated a net profit of nearly negative 30 billion yuan, down dramatically from the peak of 39.6 billion yuan in 2020. The Chinese real estate sector is witnessing a crisis sparked by the debt difficulties of Evergrande Group and other property developers. The challenges raised concerns and affected investor confidence, property sales, and revenues across the sector.

Net profit of Chinese property development company Sunac from 2015 to 2022 (in billion yuan)

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Release date

April 2023

Region

China

Survey time period

2015 to 2022

Supplementary notes

One yuan is equal to about 0.14 U.S. dollars and 0.13 euros (as of November 2023).

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Topics

China VankeEvergrande GroupReal estate in ChinaOffice real estate in ChinaRegional disparities in China
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