China Vanke Co Ltd (HK:2202)
:2202
Want to see HK:2202 full AI Analyst Report?
Top Page
China Vanke Co
(2202)
Select Model
Select Model
Rating:44Neutral
Price Target:
HK$3.00
▼(-20.21% Downside)
Action:ReiteratedDate:04/02/26
The score is primarily held down by weakening financial performance, including steep recent losses, deteriorating revenue, and persistently negative free cash flow alongside meaningful leverage and shrinking equity. Technicals add further pressure due to a clear downtrend and negative momentum, only partially offset by oversold signals. Valuation is constrained by negative earnings and the absence of dividend yield data.
Positive Factors
Recurring property-management revenue
Vanke’s property-management arm delivers recurring service fees tied to managed units, providing a durable, less cyclical cash stream versus project sales. Over 2–6 months this stabilizes revenue volatility, supports margins, and enables cross‑sell of value‑added services as the managed portfolio scales.
Negative Factors
Sharp revenue and profit deterioration
Sustained top‑line contraction and a swing to deep losses indicate structural demand or pricing pressure and/or impairments. Over months this undermines margin sustainability, reduces reinvestment capacity, and impairs earnings recovery without meaningful operational or market improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring property-management revenue
Vanke’s property-management arm delivers recurring service fees tied to managed units, providing a durable, less cyclical cash stream versus project sales. Over 2–6 months this stabilizes revenue volatility, supports margins, and enables cross‑sell of value‑added services as the managed portfolio scales.
Read all positive factors
China Vanke Co (2202) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$48.18B
Dividend YieldN/A
Average Volume (3M)35.86M
Price to Earnings (P/E)―
Beta (1Y)2.37
Revenue Growth-31.93%
EPS Growth-79.74%
CountryHK
Employees127,638
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-5.84
Shares Outstanding2,206,513,000
10 Day Avg. Volume38,840,333
30 Day Avg. Volume35,857,744
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.30
Price to Sales (P/S)0.15
P/FCF Ratio-8.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$2.45Price Target Upside-34.84% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-2.23
Revenue Forecast (FY)HK$211.87B
China Vanke Co Business Overview & Revenue Model
Company Description
China Vanke Co., Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. The company operates through Property Development and Property Management segments. It ...
How the Company Makes Money
Vanke primarily makes money from (1) property development and sales: it acquires/controls land, develops residential (and related) real estate projects, and recognizes revenue from selling completed or qualifying properties to homebuyers. This bus...
China Vanke Co Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
38
Negative
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 233.43B | 343.18B | 465.74B | 503.84B | 452.80B |
| Gross Profit | 22.09B | 34.91B | 67.47B | 98.52B | 98.82B |
| EBITDA | -55.07B | -44.74B | 43.73B | 55.55B | 67.04B |
| Net Income | -88.56B | -49.48B | 12.16B | 37.55B | 38.07B |
Balance Sheet | |||||
| Total Assets | 1.02T | 1.29T | 1.50T | 1.76T | 1.94T |
| Cash, Cash Equivalents and Short-Term Investments | 67.31B | 88.34B | 99.83B | 137.23B | 149.37B |
| Total Debt | 209.21B | 235.87B | 278.34B | 339.71B | 294.00B |
| Total Liabilities | 784.76B | 947.41B | 1.10T | 1.35T | 1.55T |
| Stockholders Equity | 116.91B | 202.67B | 250.78B | 242.69B | 235.95B |
Cash Flow | |||||
| Free Cash Flow | -4.18B | -719.76M | -4.42B | -10.08B | -5.46B |
| Operating Cash Flow | -988.13M | 3.80B | 3.91B | 2.75B | 4.11B |
| Investing Cash Flow | 3.69B | 10.81B | -4.62B | -13.03B | -26.28B |
| Financing Cash Flow | -24.92B | -27.67B | -36.81B | 3.44B | -23.10B |
China Vanke Co Technical Analysis
Neutral
3.76
Price Trends
3.39
Negative
3.50
Negative
4.31
Negative
Market Momentum
-0.11
Negative
45.93
Neutral
76.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2202, the sentiment is Neutral. The current price of 3.76 is above the 20-day moving average (MA) of 3.02, above the 50-day MA of 3.39, and below the 200-day MA of 4.31, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 45.93 is Neutral, neither overbought nor oversold. The STOCH value of 76.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2202.
China Vanke Co Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$169.88B | 12.36 | 2.75% | 4.33% | 27.01% | -20.16% | |
67 Neutral | HK$118.29B | 15.34 | 2.20% | 5.62% | 30.32% | -1.37% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
62 Neutral | HK$56.57B | 52.44 | 0.65% | 3.96% | -23.93% | -89.99% | |
54 Neutral | HK$135.50B | 7.48 | 3.54% | 4.54% | -9.39% | -19.08% | |
44 Neutral | HK$48.18B | -0.40 | -52.03% | ― | -31.93% | -79.74% | |
39 Underperform | HK$12.23B | 3.16 | -3.01% | ― | -38.67% | ― |
* Real Estate Sector Average
HK:2202
China Vanke Co
2.85
-2.62
-47.90%
HK:0688
China Overseas Land & Investment
12.41
-1.04
-7.76%
HK:1113
CK Asset Holdings
48.46
18.62
62.42%
HK:2007
Country Garden Holdings
0.28
-0.14
-34.12%
HK:0960
Longfor Group Holdings
8.08
-2.20
-21.41%
HK:0083
Sino Land Co
12.33
4.94
66.76%
China Vanke Co Corporate Events
China Vanke Posts 2025 Loss, Skips Dividend as Auditor Flags Going-Concern Risk
Mar 31, 2026
China Vanke has released its audited 2025 annual results, confirming that the full annual report will be available to H-shareholders and on the company and Hong Kong stock exchange websites in April 2026. The report is issued in both Chinese and E...
China Vanke Flags Heavy 2025 Impairments and Skips Dividend as Board Signs Off Results
Mar 31, 2026
China Vanke’s board convened its thirty-first meeting of the twentieth session in Shenzhen on 31 March 2026, with all eight directors participating either in person or by authorization, and confirmed that the meeting complied with the compan...
China Vanke Sets March 2026 Board Meeting to Approve 2025 Results and Consider Dividend
Mar 17, 2026
China Vanke has scheduled a board meeting for 31 March 2026 in Shenzhen to review and approve the annual results of the company and its subsidiaries for the financial year ended 31 December 2025. The board will also consider whether to recommend a...
China Vanke Warns of Deepened 2025 Loss Amid Weak Margins and Impairments
Jan 30, 2026
China Vanke has issued a profit alert for 2025, warning that it expects to post a net loss of about RMB 82 billion, significantly wider than the RMB 49.48 billion loss recorded a year earlier, with basic loss per share projected at roughly RMB 6.8...
China Vanke Responds to Resolutions from 2026 Holders’ Meeting on 22 Vanke MTN004 Notes
Jan 27, 2026
China Vanke Co., Ltd. has disclosed the outcome of the first 2026 holders’ meeting for its 2022 fourth-tranche medium-term notes, identified under bond code 102282715 and abbreviated as 22 Vanke MTN004. Convened offsite on 21 January 2026 by...
China Vanke Outlines Grace-Period Repayment Plan for 22 Vanke MTN004 Notes
Jan 27, 2026
China Vanke Co., Ltd. has announced arrangements for the repayment of principal and interest during the grace period for its 2022 fourth-tranche medium-term notes, known as 22 Vanke MTN004. The notes, with a total issue amount and outstanding debt...
China Vanke Responds to 2026 Bondholders’ Meeting on 22 Vanke MTN005
Jan 27, 2026
China Vanke has released an overseas regulatory announcement in Hong Kong concerning the first bondholders’ meeting of 2026 for its 2022 fifth-tranche medium-term notes (bond code 102282785, 22 Vanke MTN005), which had a principal payment da...
China Vanke Outlines Grace-Period Repayment Plan for 2022 Fifth Tranche Medium-Term Notes
Jan 27, 2026
China Vanke has announced arrangements to ensure the orderly interest payment and redemption of its 2022 fifth tranche medium-term notes, identified as 22 Vanke MTN005, during the grace period. The RMB 3.7 billion, three-year notes, which began ac...
China Vanke Secures Up to RMB2.36 Billion Shareholder Loan From Shenzhen Metro Group
Jan 27, 2026
China Vanke’s board has approved a shareholder loan arrangement under which its largest shareholder, Shenzhen Metro Group, plans to provide up to RMB2.36 billion to the company on preferential terms. The three-year facility, priced at the on...
China Vanke Withdraws Shenzhen REIT Listing Plan for Logistics Parks
Jan 23, 2026
China Vanke has withdrawn its application to spin off and separately list three high-standard warehouse logistics park projects via a publicly traded infrastructure securities investment fund on the Shenzhen Stock Exchange, a move taken after comp...
China Vanke Convenes Bondholders’ Meeting to Seek Extension of Rental Housing Bonds
Jan 21, 2026
China Vanke has convened its first 2026 bondholders’ meeting for its 2021 corporate bonds specialized in rental housing (first tranche, variety II), known as “21 Vanke 02,” to consider proposals related to extending the maturity ...
China Vanke Executive Director Yu Liang Resigns Upon Reaching Retirement Age
Jan 8, 2026
China Vanke Co., Ltd. has announced that executive director and executive vice president Mr. Yu Liang has resigned effective 8 January 2026 upon reaching the company’s retirement age, and he will no longer hold any position within the group....
China Vanke Sets Out Composition and Roles of 20th Board of Directors
Jan 8, 2026
China Vanke Co., Ltd. has announced the composition of its 20th board of directors, confirming a total of eight directors, including non-executive, executive and independent non-executive members, reflecting a governance structure aligned with Hon...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.