China Vanke Co., Ltd. (SHE: 000002)

China flag China · Delayed Price · Currency is CNY
6.37
-0.10 (-1.55%)
Sep 9, 2024, 1:01 PM CST
-54.79%
Market Cap 70.61B
Revenue (ttm) 407.63B
Net Income (ttm) -7.56B
Shares Out 11.86B
EPS (ttm) -0.64
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 48,137,481
Open 6.52
Previous Close 6.47
Day's Range 6.31 - 6.52
52-Week Range 6.18 - 13.95
Beta 0.71
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 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]

Sector Real Estate
Founded 1984
Employees 131,097
Stock Exchange Shenzhen Stock Exchange
Ticker Symbol 000002
Full Company Profile

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 Statements

News

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.

3 days ago - BNN Bloomberg

China Vanke Debt Cracks Exposed After First Loss in 20 Years

China Vanke Co. faces mounting concerns about its ability to repay debt after posting the first loss in two decades.

7 days ago - BNN Bloomberg

China Vanke suffers first interim loss in two decades as home sales plunge 38%

The loss came in 9.4 per cent higher than the top of a range the company defined in a warning last month as home sales plunged nearly 38 per cent.

9 days ago - South China Morning Post

Vanke to Show Extent of Property Crisis That’s Bruising Chinese Banks

China Vanke Co. and China Overseas Land & Investment Ltd. should continue to paint a pessimistic picture of China’s property sector when they report earnings, showing the limits of the government’s st...

17 days ago - Financial Post

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.

3 months ago - WSJ

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...

3 months ago - Reuters

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 ...

3 months ago - Reuters

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...

3 months ago - WSJ

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...

4 months ago - Reuters

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.

4 months ago - WSJ

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.

4 months ago - Market Watch

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...

5 months ago - Bloomberg Markets and Finance

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...

5 months ago - Reuters

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...

5 months ago - Reuters

Property Downturn Undermines Onewo In Run-Up To Hong Kong IPO

Property management firm Onewo, which is boasting high-tech elements, could become the largest IPO in Hong Kong this year. Underperformance by its industry peers has undermined company's chances of ge...

2 years ago - Seeking Alpha

5 Real Estate Stocks Growing Quickly

Investors may be interested in the following real estate companies, as they have expanded their revenue per share and Ebitda per share by more than 10% over the trailing five-year and 10-year periods ...

3 years ago - GuruFocus

Country Garden Holdings - A Wager On China's Tier 3 And 4 Cities

Relatively undervalued at an EV/EBITDA multiple of 5.0x vs. peer median multiple of 9.7x.

5 years ago - Seeking Alpha

China Vanke: Creating True Value In The Real Economy

China Vanke is a leading Chinese real estate development and property services company.

5 years ago - Seeking Alpha