Balanced offense and defense, China Ocean Equity Sales ranked first in the industry for two consecutive years, with investments ranked top for three consecutive years. China Ocean Equity Sales ranked first in the industry for two consecutive years, with investments ranked top for three consecutive years.

Ask AI · How does investing in first-tier cities help shape resilience in the industry?

Economic Observer On March 31, China Overseas Land & Investment—known as the “Steady King”—released its 2025 annual results, once again demonstrating steadfastness as solid as a rock.

China Overseas Land & Investment’s full-year contracted sales amount to RMB 251.23 billion, ranking second in the industry; its attributable sales have topped the industry for consecutive periods, showing great resilience. Attributable core net profit was RMB 13.01 billion, ranking second across the entire industry. It is one of only two real estate developers in the industry with profits exceeding RMB 10 billion. Net operating cash inflow was RMB 16.73 billion; at period end it held cash of RMB 103.63 billion. Its capital adequacy is the highest in the industry, and its reinvestment capability is the strongest.

In 2025, China Overseas Land & Investment’s combined contracted sales in Hong Kong, Beijing, Shanghai, Guangzhou, and Shenzhen totaled RMB 125.44 billion. Relying solely on its sales performance in first-tier cities, it is enough to rank seventh in the 2025 annual sales ranking of real estate developers—“King of First-Tier Cities” is well deserved.

In recent years, China Overseas Land & Investment’s strong sales in first-tier cities have benefited from its vigorous investment in first-tier cities, which has also enabled China Overseas Land & Investment to continue ramping up investment in first-tier cities. In 2025, China Overseas Land & Investment’s land investment ranked first in the industry for three consecutive years. Total new land investment for the year was RMB 118.69 billion, and the equity land acquisition amount was RMB 92.42 billion. Of this, the equity land acquisition amounts in Hong Kong, Beijing, Shanghai, Guangzhou, and Shenzhen accounted for 73.9%.

With an assertive investment posture, China Overseas Land & Investment continues to maintain steady financial performance across the industry. Against the “three red lines” standards, it continues to firmly stay in the “green tier,” with all indicators remaining excellent. The asset-liability ratio is 54.1%, which is in the lowest range in the industry, and the net gearing ratio is 34.2%. The weighted average financing cost is 2.8%, continuing to stay in the industry’s lowest range.

The developer that sells the most homes, buys the most land, and has more than RMB 100 billion in cash on hand—together with the best international credit ratings among domestic real estate developers. As the industry’s oldest and most established real estate developer, China Overseas Land & Investment fully demonstrates “the strong stay stronger,” locking in the lead position ahead of the pack in the second-half competition.