China Vanke Co Ltd Class A

SHE:000002 China Real Estate - Development
Market Cap
$6.23 Billion
CN¥45.70 Billion CNY
Market Cap Rank
#2672 Global
#180 in China
Share Price
CN¥4.70
Change (1 day)
+0.86%
52-Week Range
CN¥4.62 - CN¥7.47
All Time High
CN¥31.05
About

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.… Read more

China Vanke Co Ltd Class A (000002) - Net Assets

Latest net assets as of September 2025: CN¥301.03 Billion CNY

Based on the latest financial reports, China Vanke Co Ltd Class A (000002) has net assets worth CN¥301.03 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.14 Trillion) and total liabilities (CN¥835.56 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

Metric Value
Current Net Assets CN¥301.03 Billion
% of Total Assets 26.49%
Annual Growth Rate 29.51%
5-Year Change -3.14%
10-Year Change 148.59%
Growth Volatility 64.81

China Vanke Co Ltd Class A - Net Assets Trend (1990–2024)

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 (1990–2024)

The table below shows the annual net assets of China Vanke Co Ltd Class A from 1990 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 +36.11%
2004-12-31 CN¥6.30 Billion +32.43%
2003-12-31 CN¥4.76 Billion +38.93%
2002-12-31 CN¥3.43 Billion +9.61%
2001-12-31 CN¥3.13 Billion +5.41%
2000-12-31 CN¥2.97 Billion +38.17%
1999-12-31 CN¥2.15 Billion +2.12%
1998-12-31 CN¥2.10 Billion +5.75%
1997-12-31 CN¥1.99 Billion +32.05%
1996-12-31 CN¥1.51 Billion +10.49%
1995-12-31 CN¥1.36 Billion +18.67%
1994-12-31 CN¥1.15 Billion +23.39%
1993-12-31 CN¥930.31 Million +292.19%
1992-12-31 CN¥237.21 Million +24.48%
1991-12-31 CN¥190.57 Million +270.41%
1990-12-31 CN¥51.45 Million --

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 4413787300000.0% 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%
Common Stock CN¥11.93 Billion 5.89%
Other Comprehensive Income CN¥-4.13 Billion -2.04%
Other Components CN¥150.73 Billion 74.37%
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.

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 202,666,488,000, a change of -48,118,125,404 (-19.2%).
  • Net loss of 49,478,429,000 reduced equity.
  • Dividend payments of 13,287,758,000 reduced retained earnings.
  • Share repurchases of 7,129,834,000 reduced equity.
  • Other comprehensive income decreased equity by 124,867,233,270.
  • Other factors increased equity by 146,645,128,866.

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%
Share Repurchases CN¥7.13 Billion -3.52%
Other Comprehensive Income CN¥-124.87 Billion -61.61%
Other Changes CN¥146.65 Billion +72.36%
Total Change CN¥- -19.19%

Book Value vs Market Value Analysis

This analysis compares China Vanke Co Ltd Class A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.27x
  • 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 969.98x to 0.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1990-12-31 CN¥0.00 CN¥4.70 x
1991-12-31 CN¥0.02 CN¥4.70 x
1992-12-31 CN¥0.02 CN¥4.70 x
1993-12-31 CN¥0.09 CN¥4.70 x
1994-12-31 CN¥0.10 CN¥4.70 x
1995-12-31 CN¥0.11 CN¥4.70 x
1996-12-31 CN¥0.13 CN¥4.70 x
1997-12-31 CN¥0.17 CN¥4.70 x
1998-12-31 CN¥0.19 CN¥4.70 x
1999-12-31 CN¥0.20 CN¥4.70 x
2000-12-31 CN¥0.27 CN¥4.70 x
2001-12-31 CN¥0.29 CN¥4.70 x
2002-12-31 CN¥0.32 CN¥4.70 x
2003-12-31 CN¥0.44 CN¥4.70 x
2004-12-31 CN¥0.58 CN¥4.70 x
2005-12-31 CN¥0.78 CN¥4.70 x
2006-12-31 CN¥1.58 CN¥4.70 x
2007-12-31 CN¥2.72 CN¥4.70 x
2008-12-31 CN¥2.93 CN¥4.70 x
2009-12-31 CN¥3.37 CN¥4.70 x
2010-12-31 CN¥4.01 CN¥4.70 x
2011-12-31 CN¥4.84 CN¥4.70 x
2012-12-31 CN¥5.80 CN¥4.70 x
2013-12-31 CN¥6.97 CN¥4.70 x
2014-12-31 CN¥8.00 CN¥4.70 x
2015-12-31 CN¥9.07 CN¥4.70 x
2016-12-31 CN¥10.25 CN¥4.70 x
2017-12-31 CN¥12.01 CN¥4.70 x
2018-12-31 CN¥14.11 CN¥4.70 x
2019-12-31 CN¥16.77 CN¥4.70 x
2020-12-31 CN¥19.59 CN¥4.70 x
2021-12-31 CN¥20.31 CN¥4.70 x
2022-12-31 CN¥20.93 CN¥4.70 x
2023-12-31 CN¥21.28 CN¥4.70 x
2024-12-31 CN¥17.09 CN¥4.70 x

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 (14.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1990 37.29% 8.77% 0.99x 4.28x CN¥14.04 Million
1991 5.32% 9.97% 0.18x 2.98x CN¥-8.92 Million
1992 30.30% 10.79% 0.69x 4.09x CN¥47.79 Million
1993 16.71% 14.31% 0.51x 2.30x CN¥62.31 Million
1994 15.91% 14.12% 0.46x 2.46x CN¥64.43 Million
1995 12.50% 9.81% 0.46x 2.74x CN¥29.50 Million
1996 11.23% 12.71% 0.34x 2.60x CN¥16.34 Million
1997 10.20% 9.61% 0.49x 2.16x CN¥3.66 Million
1998 9.95% 8.81% 0.56x 2.03x CN¥-920.25K
1999 10.95% 7.98% 0.64x 2.15x CN¥19.84 Million
2000 10.21% 7.84% 0.67x 1.93x CN¥6.03 Million
2001 11.96% 8.39% 0.69x 2.08x CN¥61.34 Million
2002 11.31% 8.36% 0.56x 2.43x CN¥44.34 Million
2003 11.53% 8.50% 0.60x 2.25x CN¥72.13 Million
2004 14.16% 11.45% 0.49x 2.50x CN¥257.79 Million
2005 16.25% 12.79% 0.48x 2.65x CN¥519.40 Million
2006 15.44% 12.82% 0.37x 3.26x CN¥809.65 Million
2007 16.55% 13.64% 0.35x 3.42x CN¥1.92 Billion
2008 12.65% 9.84% 0.34x 3.74x CN¥843.98 Million
2009 14.26% 10.90% 0.36x 3.68x CN¥1.59 Billion
2010 16.47% 14.36% 0.24x 4.88x CN¥2.86 Billion
2011 18.17% 13.41% 0.24x 5.59x CN¥4.33 Billion
2012 19.66% 12.17% 0.27x 5.93x CN¥6.17 Billion
2013 19.66% 11.16% 0.28x 6.23x CN¥7.43 Billion
2014 17.86% 10.76% 0.29x 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 9.35% 4.50% 0.29x 7.24x CN¥-1.58 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: $10,851,555,888
  • Average return on equity (ROE) among peers: 5.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Vanke Co Ltd Class A (000002) CN¥301.03 Billion 37.29% 2.78x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million