China Vanke Co Ltd Class A 000002

Morningstar Rating
CN¥4.26 +0.18 (4.41%)
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Company Report

Price vs Fair Value

000002 is trading at a LOCK|f&R?l$g premium.
Price
CN¥4.26
Fair Value
LOCK|&?
Uncertainty
LOCK|$h bG#x<
1-Star Price
LOCK|R&w
5-Star Price
LOCK|w<
Economic Moat
LOCK|C%S
Capital Allocation
LOCK|hJYWnfJ

Bulls Say, Bears Say

Bulls

Deeper involvement of the Shenzhen local government and Shenzhen Metro may bring more positives for Vanke to refinance debt and ease liquidity pressure.

Bears

A more structural economic slowdown with the declining population of China may further compress Vanke’s long-run sales prospects.

News

Trading Information

Previous Close Price
CN¥4.08
Day Range
CN¥3.67–4.40
52-Week Range
CN¥2.88–7.58
Bid/Ask
CN¥4.26 / CN¥4.27
Shares Outstanding
11.93B
Market Cap
CN¥50.82B
Volume/Avg
1B / 216M

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
0.26
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with about a 27% stake.
Sector
Real Estate
Industry
Real Estate - Development
Stock Style Box
Large Value
Total Number of Employees
131,429

Competitors

Valuation

Metric
000002
01109
00688
Price/Earnings (Normalized)
—13.1211.05
Price/Book Value
0.500.650.32
Price/Sales
0.260.770.71
Price/Cash Flow
—3.4318.00
Price/Earnings
000002
01109
00688

Financial Strength

Metric
000002
01109
00688
Quick Ratio
0.450.510.54
Current Ratio
1.181.612.42
Interest Coverage
−8.1018.9233.60
Quick Ratio
000002
01109
00688

Profitability

Metric
000002
01109
00688
Return on Assets (Normalized)
−5.26%2.05%1.24%
Return on Equity (Normalized)
−40.69%7.92%2.87%
Return on Invested Capital (Normalized)
−8.21%3.33%1.61%
Return on Assets
000002
01109
00688

Real Estate - Development Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Sun Hung Kai Properties Ltd
SUHJF
—LOCK|Z!$39B
Sun Hung Kai Properties Ltd ADR
SUHJY
—LOCK|>f$39B
China Resources Land Ltd ADR
CRBJY
—LOCK|l&$27B
CK Asset Holdings Ltd ADR
CNGKY
—LOCK|k?$20B
CK Asset Holdings Ltd
CHKGF
—LOCK|wf$20B
China Overseas Land & Investment Ltd ADR
CAOVY
—LOCK|<?$18B
China Overseas Land & Investment Ltd
CAOVF
—LOCK|%%$18B
Hongkong Land Holdings Ltd
HKHGF
—LOCK|L?!Y$17B
Hongkong Land Holdings Ltd ADR
HNGKY
—LOCK|X?cdx$17B
Daiwa House Industry Co Ltd
DWAHF
———$17B

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