Company data sheet · Xinyuan Real Estate
Xinyuan Real Estate: three lost years, and the economy wasn't the reason.
- Industry
- General Bldg Contractors - Residential Bldgs
- Headquarters
- China
- Sources
- SEC filings (2007–2026), Stratrix's verified Decision Cases, market data and official economic statistics for China
- Data as of
- October 18, 2026
- From profit to three straight losses. Xinyuan Real Estate earned $0.2 billion in 2017–2019. Then it lost money every year from 2020 to 2022: $0.8 billion in all. 2023 was its first profit in four years: $0 billion.
- It wasn't the cycle. The losses began in 2020, a year China economy grew 2.0%. When a company falls while its economy grows, look inside the company first.
- Left behind by its peers. From 2016 to 2024, its revenue shrank 67% in US dollars; the median among 35 large builders grew 140%. It outgrew only 0% of them.
- Still smaller than it was. Revenue reached $0.5 billion in 2024, 79% below its 2019 peak of $2.5 billion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $1.6 billion | $0.1 billion | |
| 2017 | $2 billion | $0.1 billion | |
| 2018 | $2.2 billion | $0.1 billion | |
| 2019 | $2.5 billion | $0.1 billion | |
| 2020 | $1.7 billion | −$0.1 billion | |
| 2021 | $1.5 billion | −$0.4 billion | |
| 2022 | $1 billion | −$0.3 billion | |
| 2023 | $0.8 billion | $0 billion | |
| 2024 | $0.5 billion | −$0.1 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 3 measures for China, every year since 2016, from the official sources.
- Peer comparison: against 50 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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