China Vanke Co., Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. It operates through Property Development and Operation; and Property Management segments. The company develops and sells residential properties, construction contracts, commercial property operation, asset management, and related services. It offers community residential and consumption service, enterprise and city space service, and artificial intelligence Internet of Things … Read more
China Vanke Co Ltd Class A (000002) - Net Assets
Latest net assets as of March 2025: CN¥329.97 Billion CNY
Based on the latest financial reports, China Vanke Co Ltd Class A (000002) has net assets worth CN¥329.97 Billion CNY as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.24 Trillion) and total liabilities (CN¥914.06 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Current Net Assets | CN¥329.97 Billion | % of Total Assets | 26.52% |
|---|---|---|---|
| Annual Growth Rate | 21.72% | 5-Year Change | -3.14% |
| 10-Year Change | 148.59% | Growth Volatility | 25.21 |
China Vanke Co Ltd Class A - Net Assets Trend (2000–2024)
This chart illustrates how China Vanke Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Vanke Co Ltd Class A (2000–2024)
The table below shows the annual net assets of China Vanke Co Ltd Class A from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥338.85 Billion | -15.90% |
| 2023-12-31 | CN¥402.93 Billion | -0.51% |
| 2022-12-31 | CN¥404.99 Billion | +3.11% |
| 2021-12-31 | CN¥392.77 Billion | +12.27% |
| 2020-12-31 | CN¥349.84 Billion | +29.29% |
| 2019-12-31 | CN¥270.58 Billion | +14.84% |
| 2018-12-31 | CN¥235.62 Billion | +26.22% |
| 2017-12-31 | CN¥186.67 Billion | +15.46% |
| 2016-12-31 | CN¥161.68 Billion | +18.61% |
| 2015-12-31 | CN¥136.31 Billion | +17.62% |
| 2014-12-31 | CN¥115.89 Billion | +9.91% |
| 2013-12-31 | CN¥105.44 Billion | +28.37% |
| 2012-12-31 | CN¥82.14 Billion | +21.09% |
| 2011-12-31 | CN¥67.83 Billion | +24.27% |
| 2010-12-31 | CN¥54.59 Billion | +20.21% |
| 2009-12-31 | CN¥45.41 Billion | +16.98% |
| 2008-12-31 | CN¥38.82 Billion | +14.44% |
| 2007-12-31 | CN¥33.92 Billion | +99.46% |
| 2006-12-31 | CN¥17.01 Billion | +98.18% |
| 2005-12-31 | CN¥8.58 Billion | +34.33% |
| 2004-12-31 | CN¥6.39 Billion | +33.12% |
| 2003-12-31 | CN¥4.80 Billion | +30.92% |
| 2002-12-31 | CN¥3.67 Billion | +13.16% |
| 2001-12-31 | CN¥3.24 Billion | +6.93% |
| 2000-12-31 | CN¥3.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Vanke Co Ltd Class A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4689.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥44.14 Billion | 21.78% |
| Other Components | CN¥158.53 Billion | 78.22% |
| Total Equity | CN¥202.67 Billion | 100.00% |
China Vanke Co Ltd Class A Competitors by Market Cap
The table below lists competitors of China Vanke Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bangkok Bank Public Company Limited
PINK:BKKPF
|
$7.02 Billion |
|
Zions Bancorporation
NASDAQ:ZION
|
$7.02 Billion |
|
Match Group Inc
NASDAQ:MTCH
|
$7.02 Billion |
|
Ollie's Bargain Outlet Hldg
NASDAQ:OLLI
|
$7.02 Billion |
|
Budweiser Brewing Company APAC Limited
PINK:BDWBY
|
$7.00 Billion |
|
Open Text Corp
NASDAQ:OTEX
|
$7.00 Billion |
|
Persistent Systems Limited
NSE:PERSISTENT
|
$6.98 Billion |
|
Medpace Holdings Inc
NASDAQ:MEDP
|
$6.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Vanke Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 250,784,613,404 to 202,666,487,973, a change of -48,118,125,431 (-19.2%).
- Net loss of 49,478,429,212 reduced equity.
- Dividend payments of 13,287,757,807 reduced retained earnings.
- Other factors increased equity by 14,648,061,588.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-49.48 Billion | -24.41% |
| Dividends Paid | CN¥13.29 Billion | -6.56% |
| Other Changes | CN¥14.65 Billion | +7.23% |
| Total Change | CN¥ -48.12 Billion | -19.19% |
Book Value vs Market Value Analysis
This analysis compares China Vanke Co Ltd Class A's book value (net assets per share) with its market price over time, revealing how the market values the company relative to its accounting value.
Valuation Insights
- Current price-to-book ratio: 0.37x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.52x to 0.37x over the analyzed period, indicating reduced market premium.
Price-to-Book Ratio History
| Year | Book Value Per Share | Market Price | Price-to-Book Ratio |
|---|---|---|---|
| 2017 | CN¥12.02 | CN¥6.29 | 0.52x |
| 2018 | CN¥14.11 | CN¥6.29 | 0.45x |
| 2019 | CN¥16.64 | CN¥6.29 | 0.38x |
| 2020 | CN¥19.32 | CN¥6.29 | 0.33x |
| 2021 | CN¥20.30 | CN¥6.29 | 0.31x |
| 2022 | CN¥20.87 | CN¥6.29 | 0.30x |
| 2023 | CN¥21.02 | CN¥6.29 | 0.30x |
| 2024 | CN¥16.99 | CN¥6.29 | 0.37x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Vanke Co Ltd Class A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -24.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.42%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 6.35x
- Recent ROE (-24.41%) is below the historical average (13.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.40% | 8.24% | 0.61x | 2.06x | CN¥11.95 Million |
| 2001 | 4.92% | 3.75% | 0.66x | 2.00x | CN¥-164.49 Million |
| 2002 | 10.55% | 8.69% | 0.54x | 2.26x | CN¥20.04 Million |
| 2003 | 10.99% | 8.55% | 0.58x | 2.22x | CN¥47.15 Million |
| 2004 | 13.91% | 11.66% | 0.48x | 2.47x | CN¥245.76 Million |
| 2005 | 16.25% | 12.81% | 0.48x | 2.65x | CN¥519.40 Million |
| 2006 | 14.48% | 12.06% | 0.37x | 3.26x | CN¥666.40 Million |
| 2007 | 16.55% | 13.50% | 0.36x | 3.42x | CN¥1.92 Billion |
| 2008 | 12.65% | 9.38% | 0.36x | 3.74x | CN¥843.98 Million |
| 2009 | 14.26% | 10.64% | 0.36x | 3.68x | CN¥1.59 Billion |
| 2010 | 16.47% | 13.98% | 0.24x | 4.88x | CN¥2.86 Billion |
| 2011 | 18.17% | 12.62% | 0.26x | 5.59x | CN¥4.33 Billion |
| 2012 | 19.66% | 11.95% | 0.28x | 5.93x | CN¥6.17 Billion |
| 2013 | 19.66% | 11.02% | 0.29x | 6.23x | CN¥7.43 Billion |
| 2014 | 17.86% | 10.04% | 0.31x | 5.77x | CN¥6.93 Billion |
| 2015 | 18.09% | 9.27% | 0.32x | 6.10x | CN¥8.10 Billion |
| 2016 | 18.53% | 8.74% | 0.29x | 7.32x | CN¥9.68 Billion |
| 2017 | 21.14% | 11.55% | 0.21x | 8.78x | CN¥14.78 Billion |
| 2018 | 21.68% | 11.35% | 0.19x | 9.81x | CN¥18.20 Billion |
| 2019 | 20.67% | 10.57% | 0.21x | 9.20x | CN¥20.07 Billion |
| 2020 | 18.49% | 9.91% | 0.22x | 8.33x | CN¥19.06 Billion |
| 2021 | 9.55% | 4.97% | 0.23x | 8.22x | CN¥-1.07 Billion |
| 2022 | 9.32% | 4.49% | 0.29x | 7.24x | CN¥-1.65 Billion |
| 2023 | 4.85% | 2.61% | 0.31x | 6.00x | CN¥-12.92 Billion |
| 2024 | -24.41% | -14.42% | 0.27x | 6.35x | CN¥-69.75 Billion |
Industry Comparison
This section compares China Vanke Co Ltd Class A's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,796,817,445
- Average return on equity (ROE) among peers: 8.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Vanke Co Ltd Class A (000002) | CN¥329.97 Billion | 10.40% | 2.77x | $7.00 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $4.21 Billion | 12.05% | 1.79x | $779.28 Million |
| Shahe Industry Co Ltd (000014) | $663.54 Million | 4.33% | 1.85x | $244.88 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $42.54 Billion | 5.59% | 3.31x | $448.62 Million |
| China Union Holdings Ltd (000036) | $2.25 Billion | 1.52% | 1.02x | $222.50 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.54 Billion | 0.00% | 2.11x | $224.33 Million |
| Financial Street Holdings Co Ltd (000402) | $24.46 Billion | 11.82% | 2.11x | $759.69 Million |
| Zhongrun Resources Investment (000506) | $672.14 Million | 37.64% | 1.56x | $764.46 Million |
| Chongqing Yukaifa Co Ltd (000514) | $2.84 Billion | 5.25% | 0.84x | $179.26 Million |
| Rongan Property Co Ltd (000517) | $-16.92 Million | 0.00% | 0.00x | $177.94 Million |