Which listed real estate company made the most money last year? China Resources Land, China Overseas, and Longfor are in the top three, while Vanke is at the bottom.
According to statistics, in 2024, the top 10 real estate companies in terms of net profit attributable to the parent company are China Resources Land, China Overseas Development, Longfor Group, Poly Development, China Merchants Shekou, Jianfa Real Estate, Binjiang Group, Greentown China, China Jinmao, and Yuexiu Real Estate. Among them, only three real estate companies have profits exceeding one billion yuan, which are China Resources, China Overseas, and Longfor. The most unexpected thing in 2024 is the huge loss of Vanke, which ranked bottom in the profitability ranking of the top 50 listed real estate companies. Annual report data shows that Vanke achieved operating income of 3431.76 billion yuan last year, a year-on-year decrease of 26.32%; net profit attributable to the parent company was -49.478 billion yuan, turning from profit in the previous year to a substantial loss, making it Vanke's first annual loss since it went public in 1991.
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