Seazen Holdings Q3 profit, revenue fall amid expanded guarantees, new deals

Seazen Holdings (SSE:601155) reported a Q3 2025 operating income of RMB34,371,315,467, a 33.34% decrease year-on-year. Net profit attributable to shareholders was RMB973,870,529, a 33.05% decline. Basic earnings per share were RMB0.43. The company cited reduced real estate project delivery income and decreased gross profit as key factors.

Seazen Holdings approved new related party transactions for 2026-2027, including an RMB4,000 allowance for property and commercial property leases with Mita Culture (Shanghai) Co., Ltd. Additionally, the company's external guarantee balance reached RMB41.069 bn as of September 30, 2025, with RMB0.50 bn added after Q3 2025.

The guarantees encompass companies with asset-liability ratios exceeding 70%, reflecting the real estate development model. All transactions align with business operations, adhere to fair pricing, and do not negatively impact the company's independence.