China Vanke Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	84,009	96,943	134,425	140,708
Trading Asset Securities	-	176.75	13.61	18.14	20.59
Cash & Short-Term Investments	60,388	84,186	96,956	134,443	140,729
Cash Growth	-28.27%	-13.17%	-27.88%	-4.47%	-24.27%
Accounts Receivable	-	20,931	20,980	18,439	15,161
Other Receivables	-	201,753	240,803	256,091	245,941
Receivables	-	222,684	261,782	274,530	261,102
Inventory	-	519,009	701,696	907,057	1,075,617
Restricted Cash	-	4,153	2,871	2,783	8,644
Other Current Assets	-	87,479	86,955	96,544	114,176
Total Current Assets	-	917,512	1,150,260	1,415,356	1,600,268
Property, Plant & Equipment	-	38,889	41,945	40,772	40,461
Long-Term Investments	-	117,737	132,754	134,643	147,324
Goodwill	-	5,540	5,409	5,402	3,822
Other Intangible Assets	-	8,297	10,956	11,548	10,445
Long-Term Deferred Tax Assets	-	44,067	39,380	36,141	33,518
Long-Term Deferred Charges	-	7,964	8,073	8,876	9,013
Other Long-Term Assets	-	146,253	116,073	105,066	93,786
Total Assets	-	1,286,260	1,504,850	1,757,805	1,938,638
Accounts Payable	-	19,201	24,570	30,288	38,733
Accrued Expenses	-	24,633	25,658	29,417	24,765
Short-Term Debt	-	15,973	1,064	4,133	14,413
Current Portion of Long-Term Debt	-	144,158	62,967	61,964	46,006
Current Portion of Leases	-	1,888	1,960	1,959	1,926
Current Income Taxes Payable	-	12,697	13,118	14,298	12,800
Current Unearned Revenue	-	194,252	310,444	466,841	638,223
Other Current Liabilities	-	306,260	382,005	468,902	534,582
Total Current Liabilities	-	719,062	821,785	1,077,802	1,311,446
Long-Term Debt	-	202,999	257,635	249,589	207,343
Long-Term Leases	-	16,893	19,645	22,066	24,310
Long-Term Deferred Tax Liabilities	-	5,349	1,137	1,176	1,290
Other Long-Term Liabilities	-	3,102	1,714	1,536	1,477
Total Liabilities	-	947,405	1,101,917	1,352,168	1,545,865
Common Stock	-	11,931	11,931	11,631	11,625
Additional Paid-In Capital	-	26,098	25,052	22,868	20,584
Retained Earnings	-	170,365	219,844	215,758	203,885
Treasury Stock	-	-1,292	-1,292	-1,292	-
Comprehensive Income & Other	-	-4,436	-4,750	-5,639	-141.03
Total Common Equity	175,756	202,666	250,785	243,325	235,953
Minority Interest	-	136,188	152,149	162,311	156,820
Shareholders' Equity	301,030	338,855	402,934	405,637	392,773
Total Liabilities & Equity	-	1,286,260	1,504,850	1,757,805	1,938,638
Total Debt	381,904	381,911	343,270	339,710	293,997
Net Cash (Debt)	-321,516	-297,725	-246,314	-205,267	-153,268
Net Cash Per Share	-27.03	-25.11	-20.90	-17.70	-13.19
Filing Date Shares Outstanding	11,931	11,858	11,858	11,558	11,625
Total Common Shares Outstanding	11,931	11,858	11,858	11,558	11,625
Working Capital	-	198,450	328,475	337,555	288,822
Book Value Per Share	14.73	17.09	21.15	21.05	20.30
Tangible Book Value	166,403	188,829	234,419	226,376	221,686
Tangible Book Value Per Share	13.95	15.92	19.77	19.59	19.07
Buildings	-	22,216	20,358	17,948	15,025
Machinery	-	6,127	5,362	4,599	2,594
Construction In Progress	-	1,539	2,920	1,850	3,398

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