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China Vanke Co
(OTC:2202)
China Vanke Co (2202) vs. S&P 500 (SPY)
China Vanke Co Business Overview & Revenue Model
China Vanke Co Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 319.58B | 343.18B | 465.74B | 503.84B | 452.80B | 419.11B | Gross Profit |
| 28.64B | 34.91B | 67.47B | 98.52B | 98.82B | 122.57B | EBIT |
| ― | ― | 29.25B | 52.01B | 52.53B | 79.96B | EBITDA |
| 1.38B | ― | 43.73B | 57.79B | 67.04B | 76.59B | Net Income Common Stockholders |
| ― | ― | 12.16B | 37.55B | 38.07B | 59.30B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 83.08B | 88.34B | 99.83B | 137.23B | 149.37B | 195.40B | Total Assets |
| 1.46T | 1.29T | 1.50T | 1.76T | 1.94T | 1.87T | Total Debt |
| 343.21B | 235.87B | 278.34B | 339.71B | 294.00B | 285.78B | Net Debt |
| 260.14B | 147.70B | 178.53B | 202.50B | 144.64B | 90.55B | Total Liabilities |
| 1.06T | 947.41B | 1.10T | 1.35T | 1.55T | 1.52T | Stockholders Equity |
| 250.63B | 202.67B | 250.78B | 242.69B | 235.95B | 224.51B |
| Cash Flow | Free Cash Flow | ||||
| 11.19B | ― | ― | ― | ― | 45.98B | Operating Cash Flow |
| 4.25B | 3.80B | 3.91B | 2.75B | 4.11B | 53.19B | Investing Cash Flow |
| 11.27B | 10.81B | -4.62B | ― | ― | 5.80B | Financing Cash Flow |
| 2.09B | ― | -36.81B | 3.44B | ― | ― |
China Vanke Co Technical Analysis
China Vanke Co Peers Comparison
China Vanke Co Corporate Events
China Vanke Co., Ltd. held its sixteenth board meeting of the twentieth session, where key resolutions were approved, including the 2025 First Quarterly Report and the appointment of Deloitte Touche Tohmatsu as auditors for 2025. Additionally, the board approved the disposal of repurchased treasury A shares, initially acquired to safeguard company value and shareholder interests. These decisions reflect strategic financial management and compliance with corporate governance, potentially impacting the company’s market operations and investor confidence.
China Vanke Co., Ltd. has announced a proposed change of auditors, transitioning from KPMG to Deloitte Touche Tohmatsu for the year 2025. This decision aligns with the company’s aim to enhance the independence and objectivity of its audit work, following over 20 years of service from KPMG. The change has been approved by the board and audit committee, with no disagreements reported between the company and KPMG. The new appointment will be submitted for shareholder approval at the upcoming annual general meeting.
China Vanke Co., Ltd. has released its unaudited quarterly report for the first quarter of 2025, showing a significant decline in revenue and net profit compared to the same period in 2024. The company’s revenue decreased by 38.31% to RMB 37,994,650,000, and it reported a net loss of RMB 6,246,209,000, a sharp decline from the previous year’s figures. This financial downturn reflects challenges in the real estate market and may impact the company’s operations and stakeholder confidence.
China Vanke Co., Ltd. has announced a board meeting scheduled for April 29, 2025, to review and approve the company’s quarterly results for the period ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and the company’s market position.
China Vanke Co., Ltd. announced the appointment of Mr. TIAN Jun as the Joint Company Secretary and Authorized Representative, with Mr. CHUNG Ming Fai assisting him. The Stock Exchange of Hong Kong has granted a conditional exemption for Mr. TIAN, allowing him to serve in this role for three years, provided he meets certain conditions and receives assistance from Mr. CHUNG. This move is expected to enhance the company’s governance and compliance capabilities, particularly given its dual listing in Hong Kong and Mainland China.
China Vanke Co., Ltd. announced the resignation of Mr. LIU Xiao from his roles as executive vice president and chief operating officer due to work adjustments. Mr. LIU will continue to contribute to the company by focusing on strategic investment business, and there are no disagreements with the board or issues requiring shareholder attention.
China Vanke Co., Ltd. has announced its audited financial results for the year ending December 31, 2024. The report, audited by KPMG with an unqualified opinion, was approved by the company’s board and highlights that no dividends or bonus shares will be distributed for 2024. The announcement underscores the company’s commitment to transparency and accuracy in its financial reporting, although it notes that future plans and strategies contain forward-looking statements that do not guarantee specific outcomes for investors.
China Vanke Co., Ltd. held its fifteenth meeting of the twentieth session of the board of directors, where several key resolutions were approved. These included the 2024 Annual Report, major tasks for 2025, and various financial and strategic plans such as the impairment provision and profit appropriation for 2024. Notably, the company decided not to pay dividends for 2024. The meeting also approved the formulation of a market capitalization management system and a valuation enhancement plan, indicating a strategic focus on improving financial health and market positioning.
China Vanke Co., Ltd. has announced that its board of directors will convene on March 31, 2025, to review and approve the company’s annual financial results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend, which could impact shareholder returns and reflect the company’s financial health.
China Vanke Co., Ltd. has announced a supplementary update regarding the transfer of disposal interests and equity in the Mangrove Bay Project. The appraised value of these disposal interests, which account for 49% of future income rights, is approximately RMB1,291.1298 million, as determined using the discounted free cash flow model. The valuation reflects key parameters such as operating assets and cash flow forecasts, impacting the company’s financial strategy and stakeholder interests.
China Vanke Co., Ltd. has entered into a connected transaction with Shenzhen Metro Group, a substantial shareholder holding approximately 27.18% of its shares. The agreement involves a loan of up to RMB2.8 billion provided by Shenzhen Metro Group, secured by asset collateral valued up to RMB4 billion, including a pledge of 211,530,417 Onewo Shares. This transaction, which exceeds 0.1% but is below 5% of applicable percentage ratios, is subject to reporting and announcement requirements under the Hong Kong Stock Exchange’s listing rules but is exempted from other regulatory requirements. The proceeds from the loan will be utilized to repay existing debts, which may enhance the company’s financial stability and operational capacity.