China Vanke Co Ltd Class A
000002: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|hy | LOCK|M? | LOCK|@mV?kH |
Vanke Earnings: Bottom-Line Contraction Deepens, but Liquidity Supported by External Funding
China Vanke posted a CNY 10.8 billion net loss for the first half of 2025, consistent with its profit warning. This stems from a decline in gross margin to 5.1% from 6.8% a year ago, reflecting subdued property selling prices, ongoing operating deleverage, and rising finance costs.
