China Vanke Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021
Cash & Equivalents	55,163	61,521	60,388	69,348	75,502	84,009	77,328	89,986	83,066	96,943	101,244	119,706	140,006	134,425	118,830	137,908	141,783	140,708	147,107	186,986
Trading Asset Securities	-	68.02	-	13.86	16.9	176.75	-	13.81	13.81	13.61	-	14.59	14.61	18.14	18.15	24.19	30.68	20.59	43.79	227.22
Cash & Short-Term Investments	55,163	61,589	60,388	69,361	75,519	84,186	77,328	90,000	83,080	96,956	101,244	119,720	140,021	134,443	118,848	137,932	141,814	140,729	147,151	187,213
Cash Growth	-26.96%	-26.84%	-21.91%	-22.93%	-9.10%	-13.17%	-23.62%	-24.82%	-40.67%	-27.88%	-14.81%	-13.20%	-1.26%	-4.47%	-19.23%	-26.32%	-27.92%	-24.27%	-15.08%	-3.84%
Accounts Receivable	250,751	21,460	290,965	21,678	22,027	20,931	352,095	23,548	22,091	20,980	364,660	21,336	20,073	18,439	18,241	17,489	16,741	15,161	14,627	12,593
Other Receivables	-	175,414	-	200,855	218,354	221,425	-	240,563	258,751	240,803	-	247,653	280,308	256,091	277,908	247,460	276,543	245,941	257,530	222,576
Receivables	250,751	196,874	290,965	222,533	240,381	242,356	352,095	264,111	280,843	261,782	364,660	268,988	300,381	274,530	296,149	264,949	293,283	261,102	272,157	235,169
Inventory	368,029	373,738	426,326	462,519	499,307	519,009	584,439	620,405	672,057	701,696	821,207	837,027	877,709	907,057	982,184	1,023,027	1,076,340	1,075,617	1,112,923	1,047,878
Prepaid Expenses	-	39,041	-	-	-	44,937	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted Cash	5,330	5,720	5,289	4,655	-	4,153	-	2,413	-	2,871	-	2,475	-	2,783	-	3,165	-	8,644	-	8,230
Other Current Assets	67.09	20,411	16.99	79,861	68,127	22,870	2,432	101,281	75,092	86,955	2,450	96,833	82,938	96,544	85,054	108,643	97,336	114,176	102,345	153,759
Total Current Assets	679,339	697,374	782,986	838,929	883,334	917,512	1,016,293	1,078,209	1,111,071	1,150,260	1,289,561	1,325,044	1,401,049	1,415,356	1,482,234	1,537,716	1,608,774	1,600,268	1,634,576	1,632,250
Property, Plant & Equipment	31,638	33,879	34,329	36,758	37,613	38,889	35,751	40,629	40,959	41,945	36,239	41,273	41,392	40,772	42,171	42,059	41,712	40,461	40,601	41,255
Long-Term Investments	108,253	109,179	109,515	111,490	113,399	117,737	125,897	130,147	130,622	132,754	138,537	141,025	131,828	134,643	143,049	144,043	142,011	147,324	151,040	144,532
Goodwill	-	5,704	-	5,710	5,538	5,540	-	5,539	5,538	5,409	-	5,413	5,401	5,402	5,396	5,396	5,398	3,822	1,424	201.69
Other Intangible Assets	9,082	7,367	9,353	8,039	8,121	8,297	9,608	8,270	11,007	10,956	9,856	11,392	11,614	11,548	11,573	11,202	10,684	10,445	7,704	6,177
Long-Term Deferred Tax Assets	27,210	27,582	43,454	43,955	43,909	44,067	41,294	39,932	39,900	39,380	37,496	38,261	37,696	36,141	35,747	33,882	35,083	33,518	30,680	29,395
Long-Term Deferred Charges	-	7,191	-	7,551	7,698	7,964	-	8,064	8,265	8,073	-	8,153	8,318	8,876	8,533	8,684	8,653	9,013	9,211	9,223
Other Long-Term Assets	141,884	132,348	156,958	141,718	144,427	146,253	128,353	112,029	116,506	116,073	135,034	113,635	105,781	105,066	103,921	96,221	95,055	93,786	92,168	92,014
Total Assets	997,407	1,020,623	1,136,595	1,194,149	1,244,039	1,286,260	1,357,197	1,422,819	1,463,869	1,504,850	1,646,724	1,684,196	1,743,079	1,757,805	1,832,624	1,879,202	1,947,369	1,938,638	1,967,403	1,955,046
Accounts Payable	236,494	71,267	251,462	18,421	134,943	72,996	316,986	22,297	201,020	24,570	424,814	33,348	256,887	30,288	299,821	38,897	303,105	38,733	312,043	52,088
Accrued Expenses	-	23,277	-	21,666	3,152	19,894	-	23,076	3,709	25,658	-	26,852	5,068	29,417	6,732	24,334	5,352	24,765	4,026	22,055
Short-Term Debt	-	27,426	-	24,085	22,855	15,973	-	3,529	1,975	1,064	-	2,457	3,101	4,133	4,184	5,625	13,969	14,413	18,834	20,837
Current Portion of Long-Term Debt	166,121	134,925	149,633	132,923	132,910	144,158	118,343	100,063	82,191	62,967	49,188	44,642	59,657	61,964	62,693	58,991	44,561	46,006	62,997	64,730
Current Portion of Leases	1,481	1,725	1,753	1,790	-	1,888	1,856	1,921	-	1,960	1,949	1,946	-	1,959	-	1,883	-	1,926	-	1,750
Current Income Taxes Payable	63,089	10,855	64,937	11,683	27,750	12,697	63,937	11,098	28,249	13,118	56,978	11,596	29,296	14,298	25,663	9,632	23,053	12,800	22,747	8,112
Current Unearned Revenue	89,916	94,917	131,906	159,839	193,223	194,252	249,710	278,672	300,206	310,444	407,542	431,093	488,427	466,841	537,743	588,775	657,101	638,223	698,915	695,232
Other Current Liabilities	-	200,805	-	270,666	162,877	257,204	-	345,786	185,023	382,005	-	429,974	217,388	468,902	231,489	515,301	256,787	534,582	258,102	516,047
Total Current Liabilities	557,101	565,198	599,691	641,073	677,710	719,062	750,832	786,441	802,374	821,785	940,470	981,909	1,059,823	1,077,802	1,168,326	1,243,438	1,303,928	1,311,446	1,377,665	1,380,852
Long-Term Debt	193,567	197,927	215,265	208,890	205,818	202,999	210,826	229,315	239,819	257,635	275,285	275,662	261,453	249,589	231,563	217,583	223,369	207,343	188,423	184,411
Long-Term Leases	13,341	14,396	15,254	15,754	16,393	16,893	17,869	18,677	19,221	19,645	20,998	21,232	21,605	22,066	24,074	23,773	24,043	24,310	24,467	24,536
Long-Term Deferred Tax Liabilities	4,628	4,698	4,961	5,038	5,155	5,349	1,092	1,121	1,178	1,137	1,135	1,123	1,122	1,176	1,183	1,200	1,241	1,290	522.02	217.18
Other Long-Term Liabilities	708.02	2,544	393.98	2,233	8,989	3,102	2,220	2,208	1,744	1,714	1,708	1,626	1,570	1,536	1,510	1,500	1,479	1,477	1,395	1,309
Total Liabilities	769,345	784,763	835,564	872,988	914,065	947,405	982,838	1,037,762	1,064,336	1,101,917	1,239,596	1,281,552	1,345,573	1,352,168	1,426,656	1,487,494	1,554,060	1,545,865	1,592,473	1,591,325
Common Stock	11,931	11,931	11,931	11,931	11,931	11,931	11,931	11,931	11,931	11,931	11,931	11,931	11,931	11,631	11,631	11,625	11,625	11,625	11,625	11,618
Additional Paid-In Capital	-	26,985	-	-	-	26,098	-	25,418	25,330	25,052	-	24,847	23,827	22,868	-	20,477	20,590	20,584	18,521	18,408
Retained Earnings	-	81,809	-	158,419	164,119	170,365	-	209,991	219,482	219,844	-	217,552	217,203	215,758	209,659	204,831	205,314	203,885	198,050	192,408
Treasury Stock	-	-	-	-	-1,292	-1,292	-1,292	-1,292	-1,292	-1,292	-1,292	-1,292	-1,292	-1,292	-1,292	-1,292	-	-	-	-
Comprehensive Income & Other	98,604	-3,819	163,825	21,091	21,971	-4,436	223,481	-4,370	-4,817	-4,750	242,269	-3,711	-5,657	-5,639	21,109	-1,406	-658.94	-141.03	-573.68	-567.57
Total Common Equity	110,535	116,905	175,756	191,441	196,729	202,666	234,120	241,679	250,633	250,785	252,908	249,327	246,012	243,325	241,107	234,235	236,870	235,953	227,623	221,866
Minority Interest	117,527	118,955	125,274	129,720	133,246	136,188	140,238	143,379	148,900	152,149	154,220	153,318	151,494	162,311	164,862	157,474	156,439	156,820	147,308	141,855
Shareholders' Equity	228,062	235,860	301,030	321,161	329,974	338,855	374,358	385,057	399,533	402,934	407,127	402,644	397,506	405,637	405,968	391,709	393,310	392,773	374,930	363,721
Total Liabilities & Equity	997,407	1,020,623	1,136,595	1,194,149	1,244,039	1,286,260	1,357,197	1,422,819	1,463,869	1,504,850	1,646,724	1,684,196	1,743,079	1,757,805	1,832,624	1,879,202	1,947,369	1,938,638	1,967,403	1,955,046
Total Debt	374,510	376,399	381,904	383,442	377,976	381,911	348,893	353,504	343,206	343,270	347,420	345,939	345,816	339,710	322,514	307,854	305,942	293,997	294,721	296,265
Net Cash (Debt)	-319,347	-314,811	-321,516	-314,081	-302,457	-297,725	-271,566	-263,504	-260,126	-246,314	-246,176	-226,218	-205,796	-205,267	-203,667	-169,922	-164,128	-153,268	-147,571	-109,052
Net Cash Per Share	-26.77	-26.38	-27.02	-26.49	-25.51	-25.20	-22.76	-22.24	-21.92	-20.69	-20.84	-19.08	-17.81	-17.86	-17.51	-14.62	-14.11	-13.18	-12.70	-9.39
Filing Date Shares Outstanding	11,931	11,931	11,931	11,931	11,858	11,858	11,858	11,858	11,858	11,858	11,858	11,858	11,858	11,558	11,558	11,558	11,625	11,625	11,625	11,618
Total Common Shares Outstanding	11,931	11,931	11,931	11,931	11,858	11,858	11,858	11,858	11,858	11,858	11,858	11,858	11,858	11,558	11,558	11,552	11,625	11,625	11,625	11,618
Working Capital	122,238	132,176	183,295	197,856	205,623	198,450	265,461	291,768	308,698	328,475	349,091	343,135	341,226	337,555	313,908	294,278	304,845	288,822	256,910	251,398
Book Value Per Share	9.26	9.80	14.73	16.05	16.59	17.09	19.74	20.38	21.14	21.15	21.33	21.03	20.75	21.05	20.86	20.28	20.38	20.30	19.58	19.10
Tangible Book Value	101,453	103,835	166,403	177,692	183,070	188,829	224,512	227,869	234,088	234,419	243,052	232,521	228,998	226,376	224,139	217,637	220,788	221,686	218,495	215,487
Tangible Book Value Per Share	8.50	8.70	13.95	14.89	15.44	15.92	18.93	19.22	19.74	19.77	20.50	19.61	19.31	19.59	19.39	18.84	18.99	19.07	18.79	18.55
Buildings	-	21,305	-	22,377	-	22,216	-	22,019	-	20,358	-	19,031	-	17,948	-	16,284	-	15,025	-	14,958
Machinery	-	6,135	-	6,349	-	6,127	-	5,763	-	5,362	-	4,889	-	4,599	-	3,659	-	2,594	-	2,212
Construction In Progress	-	932.63	-	1,013	-	1,539	-	1,068	-	2,920	-	2,502	-	1,850	-	3,890	-	3,398	-	3,793

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