BUSINESS

Fosun Posts $3.4 Billion Loss on Property, Asset Write-Downs

Published: Apr. 1, 2026 10:06 p.m. GMT+8

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Fosun recorded 22.9 billion yuan in noncash losses, including 15.4 billion yuan in asset impairments, 6.2 billion yuan in fair value losses on investment properties and 1.2 billion yuan in financial asset valuation losses.

Chinese conglomerate Fosun International Ltd. reported a net loss of 23.4 billion yuan ($3.4 billion) for 2025, driven by sweeping one-off impairments on real estate and non-core assets.

The company disclosed its results on Monday, with revenue of 173.4 billion yuan, down 9.74% year on year. Net loss attributable to shareholders widened by 19 billion yuan from a year earlier.

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Fosun reported 2025 net loss of 23.4B yuan ($3.4B), revenue down 9.74% to 173.4B yuan.
22.9B yuan noncash losses from impairments (55% real estate); assets fell 10.1% to 716.2B yuan, liability ratio 77%.
Chairman deems losses prudent; plans debt cut below 60B yuan via disposals, divested 14B yuan in 2025.

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Who’s Who

Fosun International Ltd.: Fosun International Ltd. reported a 2025 net loss of 23.4 billion yuan ($3.4B), due to 22.9B yuan in impairments on real estate (55%) and non-core assets. Revenue fell 9.74% to 173.4B yuan. Assets dropped 10.1% to 716.2B yuan, liabilities to 547.9B yuan (77% ratio). Chairman cites accounting adjustments; firm eyes debt cuts via divestitures. (68 words)

Shanghai Yuyuan Tourist Mart (Group) Co. Ltd.: Shanghai Yuyuan Tourist Mart (Group) Co. Ltd., part of Fosun's consumer and tourism businesses, reported a net loss of 4.9 billion yuan for 2025—its first since listing. The loss was due to property write-downs and weaker returns from non-core asset disposals, contributing to Fosun's broader segment losses.

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