China Vanke Co., Ltd.
000002.SZ
Shenzhen Stock Exchange3.07
CNY
-0.02
- -
China Vanke Co., Ltd.
000002.SZ
(Shenzhen Stock Exchange)
Recent
price
3.07
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- China Vanke Co., Ltd. China Vanke Co., Ltd. (000002.SZ) operates as a leading city and town developer and service provider in China, focusing on real estate development, property management, and diversified urban services. The company develops and sells residential properties, primarily small and medium-sized units under 144 square meters targeting mainstream customers, alongside commercial auxiliary facilities including retail and office spaces that account for approximately 10% and 3.6% of sales respectively; it provides comprehensive property services through Vanke Property Services, covering residential property service, commercial property service, developers pre-service, community asset service, digital technology service, and community life service across 94 cities in China including Hong Kong with over 640 million square meters under contract; VX Logistic Properties offers high-standard warehouses and cold-chain logistics in 44 cities with over 10 million square meters of leasable area; Port Apartments delivers long-term rental housing with over 110,000 units in 33 cities for young urban professionals; and additional segments include hotel and ski resorts such as Jilin Vanke Songhua Lake, Beijing Shijinglong, and Beijing Xishan, education through over 41 schools and kindergartens plus Meisha camps, and urban infrastructure. Founded in 1984 and headquartered in Vanke Center, Shenzhen, Guangdong province, China Vanke Co., Ltd. concentrates operations on China's three major economic circles and key Midwest cities, with expansions into overseas markets including New York, San Francisco, London, Singapore, and Kuala Lumpur; its largest shareholder, Shenzhen Metro Group Co., Ltd., supports the Railway + Property model and mixed ownership structure. Recent developments include ongoing liquidity support from Shenzhen Metro, with cumulative shareholder loans reaching RMB29.13 billion by late 2025 at favorable rates below market levels to facilitate debt repayments amid sector challenges; multiple financing injections in 2025 such as RMB4.2 billion in February, RMB6.249 billion in July, and additional tranches totaling over RMB22 billion including extensions and collateral arrangements; strategic cooperation in August 2025 with Shenzhen Metro and KONE Elevators for industrial chain integration; expansion of Port Apartments with 7,608 new rooms acquired and 10,089 unveiled in the third quarter of 2025; new financing and refinancing of RMB26.5 billion from institutions at a 3.44% comprehensive cost; limited land acquisitions and capital expenditure focused on cash preservation with no 2025 cash dividend; and expectation of a RMB10-12 billion net loss for the first half of 2025 alongside sales of 5.389 million square meters, reflecting adaptations to persistent property market weakness through asset disposals, refinancing, and state-backed stabilization efforts.