China Vanke Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	60,388	84,009	96,943	134,425	140,708	185,662
Trading Asset Securities	-	176.75	13.61	18.14	20.59	170.48
Cash & Short-Term Investments	60,388	84,186	96,956	134,443	140,729	185,833
Cash Growth	-21.91%	-13.17%	-27.88%	-4.47%	-24.27%	8.37%
Accounts Receivable	290,965	20,931	20,980	18,439	15,161	9,165
Other Receivables	-	201,753	240,803	256,091	245,941	227,985
Receivables	290,965	222,684	261,782	274,530	261,102	237,149
Inventory	426,326	519,009	701,696	907,057	1,075,617	1,002,063
Restricted Cash	-	4,153	2,871	2,783	8,644	9,568
Other Current Assets	5,306	87,479	86,955	96,544	114,176	112,774
Total Current Assets	782,986	917,512	1,150,260	1,415,356	1,600,268	1,547,387
Property, Plant & Equipment	34,096	38,889	41,945	40,772	40,461	41,024
Long-Term Investments	109,515	117,737	132,754	134,643	147,324	144,194
Goodwill	-	5,540	5,409	5,402	3,822	206.34
Other Intangible Assets	9,353	8,297	10,956	11,548	10,445	6,088
Long-Term Deferred Tax Assets	43,454	44,067	39,380	36,141	33,518	27,535
Long-Term Deferred Charges	-	7,964	8,073	8,876	9,013	8,948
Other Long-Term Assets	157,191	146,253	116,073	105,066	93,786	93,794
Total Assets	1,136,595	1,286,260	1,504,850	1,757,805	1,938,638	1,869,177
Accounts Payable	251,462	19,201	24,570	30,288	38,733	53,219
Accrued Expenses	-	24,633	25,658	29,417	24,765	27,558
Short-Term Debt	-	15,973	1,064	4,133	14,413	25,112
Current Portion of Long-Term Debt	149,633	144,158	62,967	61,964	46,006	58,878
Current Portion of Leases	1,753	1,888	1,960	1,959	1,926	1,584
Current Income Taxes Payable	64,937	12,697	13,118	14,298	12,800	14,114
Current Unearned Revenue	131,906	194,252	310,444	466,841	638,223	631,659
Other Current Liabilities	-	306,260	382,005	468,902	534,582	505,369
Total Current Liabilities	599,691	719,062	821,785	1,077,802	1,311,446	1,317,493
Long-Term Debt	215,265	202,999	257,635	249,589	207,343	175,613
Long-Term Leases	15,254	16,893	19,645	22,066	24,310	24,590
Long-Term Deferred Tax Liabilities	4,961	5,349	1,137	1,176	1,290	231.47
Other Long-Term Liabilities	393.98	3,102	1,714	1,536	1,477	1,406
Total Liabilities	835,564	947,405	1,101,917	1,352,168	1,545,865	1,519,333
Common Stock	11,931	11,931	11,931	11,631	11,625	11,618
Additional Paid-In Capital	-	26,098	25,052	22,868	20,584	18,554
Retained Earnings	-	170,365	219,844	215,758	203,885	195,883
Treasury Stock	-	-1,292	-1,292	-1,292	-	-
Comprehensive Income & Other	163,825	-4,436	-4,750	-5,639	-141.03	-1,544
Total Common Equity	175,756	202,666	250,785	243,325	235,953	224,511
Minority Interest	125,274	136,188	152,149	162,311	156,820	125,334
Shareholders' Equity	301,030	338,855	402,934	405,637	392,773	349,844
Total Liabilities & Equity	1,136,595	1,286,260	1,504,850	1,757,805	1,938,638	1,869,177
Total Debt	381,904	381,911	343,270	339,710	293,997	285,776
Net Cash (Debt)	-321,516	-297,725	-246,314	-205,267	-153,268	-99,943
Net Cash Per Share	-27.13	-25.11	-20.90	-17.70	-13.19	-8.72
Filing Date Shares Outstanding	11,931	11,858	11,858	11,558	11,625	11,618
Total Common Shares Outstanding	11,931	11,858	11,858	11,558	11,625	11,618
Working Capital	183,295	198,450	328,475	337,555	288,822	229,894
Book Value Per Share	14.73	17.09	21.15	21.05	20.30	19.32
Tangible Book Value	166,403	188,829	234,419	226,376	221,686	218,217
Tangible Book Value Per Share	13.95	15.92	19.77	19.59	19.07	18.78
Buildings	-	22,216	20,358	17,948	15,025	14,687
Machinery	-	6,127	5,362	4,599	2,594	2,111
Construction In Progress	-	1,539	2,920	1,850	3,398	3,237

Source: S&P Global Market Intelligence. Standard template. Financial Sources.