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

China flag China · Delayed Price · Currency is CNY
6.97
-0.30 (-4.13%)
Feb 5, 2025, 3:04 PM CST
-26.55%
Market Cap 77.99B
Revenue (ttm) 395.33B
Net Income (ttm) -19.40B
Shares Out 11.86B
EPS (ttm) -1.63
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 276,584,682
Average Volume 199,707,241
Open 7.38
Previous Close 7.27
Day's Range 6.88 - 7.38
52-Week Range 6.18 - 10.69
Beta 0.81
RSI 42.85
Earnings Date Mar 29, 2025

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 management reshuffle signals bailout for troubled developer, analysts say

Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.

8 days ago - South China Morning Post

China Vanke Faces Turmoil as Leadership Steps Down Amid Record Loss Forecast

China Vanke, one of the nation’s prominent property developers, announced that its Chairman, Yu Liang, and CEO, Zhu Jiusheng, have stepped down as the company projected a record $6.2 billion net loss ...

9 days ago - CEOWORLD magazine

Developer China Vanke forecasts record US$6.2 billion loss amid management reshuffle

New chairman’s state-linked background sends positive signals, but company’s fate still depends on a sales recovery, an analyst says.

9 days ago - South China Morning Post

China Vanke Faces Uncertainty Amid CEO Detention Reports and Debt Concerns

The past 18 hours have seen mounting speculation over the future of China Vanke, one of China’s largest property developers, following reports of the alleged detention and subsequent release of its CE...

19 days ago - CEOWORLD magazine

ForexLive Asia-Pacific FX news wrap: China Q4 & December economic data show solid gains

European Central Bank speakers Friday include Escriva and Cipollone China's population fell in 2024 for the third straight year China National Bureau of Statistics (NBS) says domestic demand is insuff...

20 days ago - Forexlive

China property developer Vanke shares plunged - report chief executive has been detained

China Vanke’s Hong Kong-listed shares fell over 8% on Friday following reports that its CEO, Zhu Jiusheng, has been detained by authorities. A Shenzhen government task force has taken control of the s...

20 days ago - Forexlive

Vanke Bond Distress Deepens Ahead of $4.9 Billion Maturity Wall

China Vanke Co., one of the country’s largest property developers, is facing a record deluge of debt coming due as worries grow about its liquidity with the property market stuck in a deep slump.

4 weeks ago - BNN Bloomberg

Chinese Regulator Asks Insurers to Report Vanke Debt Holdings

China’s banking regulator told the country’s biggest insurers to report their financial exposure to China Vanke Co., in a bid to assess how much support the developer needs to avoid default, according...

7 weeks ago - BNN Bloomberg

China Vanke Sales Slump Worsens After Debt Cracks Show Up

China Vanke Co.’s sales slump worsened in November, adding to concern over its worsening finances during a prolonged property crisis.

2 months ago - BNN Bloomberg

Chinese Developer Vanke Seeks to Alter Terms on Two Bank Loans

China Vanke Co. is seeking lenders’ approval to change terms on two offshore loans, people familiar with the matter said, after its finances worsened amid a prolonged property crisis.

2 months ago - BNN Bloomberg

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.

3 months ago - BNN Bloomberg

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.

5 months 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.

5 months 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.

5 months 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...

5 months 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.

8 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...

9 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 ...

9 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...

9 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...

9 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.

10 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.

10 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...

10 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...

10 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...

11 months ago - Reuters