China Vanke Co., Ltd. (HKG: 2202)
Market Cap | 105.27B |
Revenue (ttm) | 437.87B |
Net Income (ttm) | -21.49B |
Shares Out | n/a |
EPS (ttm) | -1.81 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 22,806,900 |
Open | 6.56 |
Previous Close | 6.55 |
Day's Range | 6.35 - 6.59 |
52-Week Range | 3.63 - 14.08 |
Beta | 0.86 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 31, 2024 |
About China Vanke
China Vanke Co., Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. It operates through Property Development and Property Management segments. The company develops residential buildings, apartments, retail properties, and commercial offices. It also provides property management and related services to purchasers and tenants of its own developed residential properties, shopping arcades, and office buildings, as well as to properties developed by external ... [Read more]
Financial Performance
In 2023, China Vanke's revenue was 465.74 billion, a decrease of -7.56% compared to the previous year's 503.84 billion. Earnings were 12.16 billion, a decrease of -46.39%.
Financial numbers in CNY Financial StatementsNews
Vanke Reports $2.5 Billion Loss in Third Quarter Amid China Housing Slowdown
China Vanke Co. reported its biggest quarterly loss since at least 2004, underscoring the pressure on the property developer as it tries to pay off debts amid the country’s prolonged housing slump.
China Vanke’s Sales Slump Worsens After Debt Cracks Show Up
China Vanke Co.’s sales slump worsened in August amid concerns about the developer’s ability to repay debt.
China Vanke to Make Offshore Bond Payment, Easing Concerns
The Chinese developer said it will pay a dollar bond due Friday, its final offshore debt obligation for the year, seeking to calm liquidity concerns amid China's continuing property crisis.
China Vanke sells Shenzhen land plot at loss-making reserve price
Cash-strapped China Vanke has sold a Shenzhen land plot via auction for 2.24 billion yuan ($309.18 million), a filing on Monday showed, more than 27% below the price it paid for the same 19,000 square...
China Vanke granted $2.8 bln onshore syndicated loan facility
Cash-strapped major property developer China Vanke said on Thursday it had received a 20 billion yuan ($2.76 billion) syndicated loan facility and it would continue to push forward other financing to ...
China Vanke Secures Fresh Loan
The major Chinese developer has secured a fresh loan that takes its total borrowings this month to more than US$1 billion, part of ongoing efforts to temper liquidity pressures as it seeks to finish h...
China Vanke to auction Shenzhen land plot with loss-making reserve price
Cash-strapped China Vanke is selling a large Shenzhen land plot at a reserve price of 2.24 billion yuan ($310 million) via auction, the developer's latest move to raise funds to ease its liquidity str...
China Vanke Shares Slump After Soft Results
The property developer's shares slumped after it posted soft first-quarter results amid continuing pressure in China's property sector.
China Vanke posts first-quarter loss amid slump in property sector
China Vanke posted a first-quarter loss as earnings were weighed by the ongoing slump in China's property sector.
Chinese Property Developer Vanke Says It's Addressing Liquidity Pressure
State-backed builder China Vanke Co. says it has made plans to resolve liquidity pressure. The struggling property firm will implement a comprehensive plan to stabilize operations and reduce debt amid...
China Vanke says it has plans in place amid short-term liquidity pressure
State-backed property developer China Vanke said it is facing short-term liquidity pressure and operational difficulties, but added that it has prepared "a basket of plans" to stabilise its business a...
China Vanke shares hit record low after disappointing earnings, payout cut
The Hong Kong-listed shares of state-backed property developer China Vanke slid as much as 12% to a record low on Tuesday after it reported a 50.6% drop in 2023 core profit and no dividend payout late...
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China Vanke: Creating True Value In The Real Economy
China Vanke is a leading Chinese real estate development and property services company.