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One of China's largest residential property developers, now majority-backed by a Shenzhen state entity after a liquidity crisis.
One of China's largest residential property developers, now majority-backed by a Shenzhen state entity after a liquidity crisis.
Earns mainly from selling apartments, often before they are finished, and books the revenue when homes are handed over; the slump in Chinese home sales has squeezed that line. Onewo, its property-management arm, was listed separately in Hong Kong and earns steady monthly fees. Shenzhen Metro, a city-owned group, has been the largest shareholder since 2017.
In one line: A distressed, now state-rescued Chinese homebuilder.
Moat: narrow (brand, scale). Strong national brand and scale, though financial distress has eroded its former funding-cost advantage.
Headquarters: Shenzhen, China · Founded: 1984 · Employees: 131,429
Size China Vanke (000002.SZ) is a China Real Estate company (Real Estate Development) with a market value of $5.36B, the 471st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.24 on 6 Nov 2026.
Performance Over six months the shares fell 17.1%, against -6.5% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 32.2% over the last twelve months (peer median +8.1%); the operating margin is -24.2% (peer median 21.7%).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | CN¥233B | CN¥343B | CN¥466B | CN¥504B |
| Revenue growth | — | -32% | -26% | -8% | — |
| Gross profit | n/a | CN¥21.3B | CN¥34.9B | CN¥71.0B | CN¥98.5B |
| EBITDA | n/a | -CN¥46.0B | -CN¥25.3B | CN¥39.1B | CN¥59.9B |
| Net income | n/a | -CN¥88.6B | -CN¥49.5B | CN¥12.2B | CN¥22.7B |
| Free cash flow | n/a | -CN¥883M | CN¥5.05B | CN¥2.98B | -CN¥661M |
| Capital expenditure | n/a | CN¥3.20B | CN¥4.52B | CN¥8.33B | CN¥12.8B |
| Total debt | CN¥331B | CN¥374B | CN¥425B | CN¥394B | CN¥394B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| China Vanke 000002.SZ | $5.36B | -17% | -32% | -24% | n/a | n/a |
| Poly Developments & 600048.SS | $10.1B | -9% | -4% | 4% | n/a | n/a |
| China Merchants Shekou Industrial Zone 001979.SZ | $10.4B | -10% | -22% | 1% | n/a | n/a |
| Country Garden 2007.HK | $853M | -49% | -42% | -51% | n/a | n/a |
| China Overseas 0688.HK | $18.4B | -13% | +4% | 11% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000002.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.2% | +4.2% | 2nd lowest of 21 |
| 6-month return | -17.1% | -6.5% | 5th lowest of 21 |
| Distance from 52-week high | -49.3% | -23.9% | 2nd lowest of 21 |
| Revenue growth (TTM) | -32.2% | +8.1% | 3rd lowest of 21 |
| Operating margin | -24.2% | 21.7% | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Vanke 000002.SZ | China | $5.36B | -17% | -32% | -24% | n/a | n/a | n/a |
| Tsim Sha Tsui Properties 0247.HK | Hong Kong | $5.24B | -20% | +15% | 34% | n/a | n/a | n/a |
| UOL U14.SI | Singapore | $5.23B | -23% | +2% | 25% | n/a | n/a | n/a |
| Nomura Real Estate 3231.T | Japan | $5.17B | -12% | +19% | 14% | n/a | n/a | n/a |
| City Developments C09.SI | Singapore | $5.13B | -11% | +36% | 14% | n/a | n/a | n/a |
| Tokyu Fudosan Holdings Corporat 3289.T | Japan | $5.69B | -7% | +6% | 14% | n/a | n/a | n/a |
| Shanghai Zhangjiang Hi-Tech Park Development 600895.SS | China | $5.71B | -33% | +89% | 26% | n/a | n/a | n/a |
| Godrej Properties GODREJPROP.NS | India | $5.77B | -4% | +17% | 21% | n/a | n/a | n/a |
| Castellum CAST.ST | Sweden | $5.94B | +10% | -3% | 67% | n/a | n/a | n/a |
| Shanghai Lujiazui Finance & Trade Zone Development 600663.SS | China | $4.81B | -10% | -21% | 21% | n/a | n/a | n/a |
| Howard Hughes HHH | United States | $4.64B | +18% | +32% | 15% | n/a | n/a | n/a |
| NEPI Rockcastle NRP.AS | Netherlands | $6.34B | +9% | +20% | 62% | n/a | n/a | n/a |
| Fastighets AB Balder BALD-B.ST | Sweden | $6.43B | -2% | +4% | 66% | n/a | n/a | n/a |
| FirstService FSV.TO | Canada | $6.46B | +18% | +3% | 6% | n/a | n/a | n/a |
| Hang Lung Ppt 0101.HK | Hong Kong | $4.40B | -29% | +10% | 53% | n/a | n/a | n/a |
| LEG Immobilien LEG.DE | Germany | $4.39B | -11% | +1% | 34% | n/a | n/a | n/a |
| Meritage Homes MTH | United States | $4.38B | +4% | -15% | 7% | n/a | n/a | n/a |
| Tokyo Tatemono 8804.T | Japan | $4.37B | -6% | +17% | 22% | n/a | n/a | n/a |
| Oberoi Realty OBEROIRLTY.NS | India | $6.66B | +4% | +16% | 57% | n/a | n/a | n/a |
| Hangzhou Binjiang Real Estate 002244.SZ | China | $4.27B | -2% | -35% | 6% | n/a | n/a | n/a |
| Seazen 601155.SS | China | $4.23B | -15% | -39% | 14% | n/a | n/a | n/a |