XSHE000002
Market cap11bUSD
Dec 24, Last price
7.73CNY
1D
-2.05%
1Q
7.58%
Jan 2017
-62.73%
Name
China Vanke Co Ltd
Chart & Performance
Profile
China Vanke Co., Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. The company operates through Property Development and Property Management segments. It develops residential buildings, commercial offices, and other ancillary facilities. The company also provides property management and related services to purchasers and tenants of its own developed residential properties, shopping arcades, and office buildings, as well as to properties developed by external property developers; and undertakes construction contracts. In addition, it is involved in logistics and warehousing, hotel and resort, education, and housing rental businesses. The company was incorporated in 1984 and is headquartered in Shenzhen, the People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 465,739,077 -7.56% | 503,838,367 11.27% | 452,797,774 8.04% | |||||||
Cost of revenue | 413,358,911 | 428,001,654 | 377,670,425 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 52,380,166 | 75,836,713 | 75,127,349 | |||||||
NOPBT Margin | 11.25% | 15.05% | 16.59% | |||||||
Operating Taxes | 9,349,870 | 14,835,276 | 14,153,104 | |||||||
Tax Rate | 17.85% | 19.56% | 18.84% | |||||||
NOPAT | 43,030,296 | 61,001,437 | 60,974,245 | |||||||
Net income | 12,162,684 -67.61% | 37,550,909 -1.36% | 38,069,527 -35.80% | |||||||
Dividends | (8,063,272) | (11,276,622) | (14,522,165) | |||||||
Dividend yield | 6.54% | 5.34% | 6.32% | |||||||
Proceeds from repurchase of equity | (15,143,128) | |||||||||
BB yield | 12.29% | |||||||||
Debt | ||||||||||
Debt current | 64,030,858 | 68,055,380 | 62,344,435 | |||||||
Long-term debt | 296,924,346 | 293,720,302 | 255,962,135 | |||||||
Deferred revenue | 466,841,147 | |||||||||
Other long-term liabilities | 1,714,167 | (465,304,698) | 1,476,506 | |||||||
Net debt | 128,387,453 | 89,949,771 | 21,630,200 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 3,912,324 | 2,750,449 | 4,113,161 | |||||||
CAPEX | (8,444,871) | |||||||||
Cash from investing activities | (4,615,642) | |||||||||
Cash from financing activities | (36,813,164) | 3,438,919 | ||||||||
FCF | (12,304,899) | (5,580,987) | (20,189,406) | |||||||
Balance | ||||||||||
Cash | 99,827,370 | 137,225,777 | 149,373,031 | |||||||
Long term investments | 132,740,382 | 134,600,134 | 147,303,338 | |||||||
Excess cash | 209,280,798 | 246,633,993 | 274,036,481 | |||||||
Stockholders' equity | 378,428,566 | 481,664,620 | 370,217,710 | |||||||
Invested Capital | 536,677,512 | 467,768,535 | 389,018,479 | |||||||
ROIC | 8.57% | 14.24% | 17.97% | |||||||
ROCE | 7.01% | 10.60% | 11.31% | |||||||
EV | ||||||||||
Common stock shares outstanding | 11,782,753 | 11,593,943 | 11,620,283 | |||||||
Price | 10.46 -42.53% | 18.20 -7.89% | 19.76 -31.15% | |||||||
Market cap | 123,247,601 -41.59% | 211,009,768 -8.10% | 229,616,784 -30.19% | |||||||
EV | 403,783,972 | 561,273,596 | 408,066,626 | |||||||
EBITDA | 61,460,961 | 85,136,675 | 83,190,669 | |||||||
EV/EBITDA | 6.57 | 6.59 | 4.91 | |||||||
Interest | 4,843,698 | 5,886,552 | 7,861,347 | |||||||
Interest/NOPBT | 9.25% | 7.76% | 10.46% |