China Vanke Co Ltd Class A
000002: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >.v | LOCK|Dr | LOCK|s&Gsg&n |
Vanke Earnings: Profitability and Balance Sheet Remain Weak, but Refinancing Supports Liquidity
China Vanke's net loss widened to CNY 15.0 billion in the first half from CNY 11.9 billion a year ago, due to lower gross margin and asset write-offs. The net gearing ratio rose to 135% from 123% at year-end 2025, though the firm received over CNY 8.5 billion of funding support to bolster liquidity.
