China Vanke
Market Cap
CN¥345.6b
Last Updated
2020/11/26 09:01 UTC
Data Sources
Company Financials +
Executive Summary
China Vanke Co., Ltd., a real-estate company, develops and sells properties in the People’s Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer with adequate balance sheet.
Similar Companies
Share Price & News
How has China Vanke's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 000002 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 000002's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.1%
2
-0.8%
CN Real Estate
0.04%
CN Market
1 Year Return
11.3%
2
3.9%
CN Real Estate
31.5%
CN Market
Return vs Industry: 000002 exceeded the CN Real Estate industry which returned 3.9% over the past year.
Return vs Market: 000002 underperformed the CN Market which returned 31.5% over the past year.
Shareholder returns
| 2 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.1% | -0.8% | 0.04% |
| 30 Day | 12.6% | 1.7% | 2.8% |
| 90 Day | 12.2% | -4.9% | -1.0% |
| 1 Year | 15.4%11.3% | 7.3%3.9% | 33.8%31.5% |
| 3 Year | 11.1%-0.9% | -9.4%-16.5% | 18.6%12.8% |
| 5 Year | 95.0%61.6% | -22.9%-30.7% | 8.6%1.2% |
Long-Term Price Volatility Vs. Market
How volatile is China Vanke's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is China Vanke undervalued compared to its fair value and its price relative to the market?
8.7x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 000002 (CN¥30.94) is trading above our estimate of fair value (CN¥12.19)
Significantly Below Fair Value: 000002 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 000002 is good value based on its PE Ratio (8.7x) compared to the CN Real Estate industry average (15.7x).
PE vs Market: 000002 is good value based on its PE Ratio (8.7x) compared to the CN market (38.9x).
Price to Earnings Growth Ratio
PEG Ratio: 000002 is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: 000002 is overvalued based on its PB Ratio (1.8x) compared to the CN Real Estate industry average (1.2x).
Next Steps
Future Growth
How is China Vanke forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
12.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 000002's forecast earnings growth (12.4% per year) is above the savings rate (3.3%).
Earnings vs Market: 000002's earnings (12.4% per year) are forecast to grow slower than the CN market (24.3% per year).
High Growth Earnings: 000002's earnings are forecast to grow, but not significantly.
Revenue vs Market: 000002's revenue (14.5% per year) is forecast to grow slower than the CN market (18% per year).
High Growth Revenue: 000002's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 000002's Return on Equity is forecast to be low in 3 years time (19.2%).
Next Steps
Past Performance
How has China Vanke performed over the past 5 years?
18.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000002 has high quality earnings.
Growing Profit Margin: 000002's current net profit margins (10.5%) are lower than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: 000002's earnings have grown by 18.9% per year over the past 5 years.
Accelerating Growth: 000002's earnings growth over the past year (6.5%) is below its 5-year average (18.9% per year).
Earnings vs Industry: 000002 earnings growth over the past year (6.5%) exceeded the Real Estate industry -3.4%.
Return on Equity
High ROE: 000002's Return on Equity (18.7%) is considered low.
Next Steps
Financial Health
How is China Vanke's financial position?
Financial Position Analysis
Short Term Liabilities: 000002's short term assets (CN¥1,503.9B) exceed its short term liabilities (CN¥1,317.5B).
Long Term Liabilities: 000002's short term assets (CN¥1,503.9B) exceed its long term liabilities (CN¥194.3B).
Debt to Equity History and Analysis
Debt Level: 000002's debt to equity ratio (85.2%) is considered high.
Reducing Debt: 000002's debt to equity ratio has increased from 58.6% to 85.2% over the past 5 years.
Debt Coverage: 000002's debt is well covered by operating cash flow (30%).
Interest Coverage: 000002 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is China Vanke current dividend yield, its reliability and sustainability?
3.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 000002's dividend (3.29%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).
High Dividend: 000002's dividend (3.29%) is in the top 25% of dividend payers in the CN market (1.63%)
Stability and Growth of Payments
Stable Dividend: 000002's dividends per share have been stable in the past 10 years.
Growing Dividend: 000002's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.6%), 000002's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 000002's dividends in 3 years are forecast to be well covered by earnings (32.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Jiusheng Zhu (51 yo)
2.83yrs
Tenure
CN¥11,274,000
Compensation
Mr. Jiusheng Zhu, MBA, is an Executive Director at China Vanke Co., Ltd. since June 30, 2020. He had been Non-Executive Director of E-House (China) Enterprise Holdings Limited since March 16, 2018 until Au...
CEO Compensation Analysis
Compensation vs Market: Jiusheng's total compensation ($USD1.71M) is above average for companies of similar size in the CN market ($USD409.63K).
Compensation vs Earnings: Jiusheng's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & Group Partner | 3.33yrs | CN¥12.52m | 0.063% CN¥ 217.4m | |
| President | 2.83yrs | CN¥11.27m | no data | |
| Group Partner & Chief Partner of Logistics Business Unit | no data | CN¥9.41m | 0.013% CN¥ 44.3m | |
| Senior VP | 4.67yrs | CN¥360.00k | no data | |
| Secretary of the Board & Group Partner | 4.67yrs | CN¥5.68m | no data | |
| Executive VP | 0.67yr | no data | no data | |
| GP, Executive VP | 0.42yr | no data | no data | |
| Group Partner & Chief Partner of Ski Resort Business Unit | no data | CN¥4.85m | no data | |
| Group Partner & Chief Partner of Meisha Education Business Unit | 0.67yr | CN¥5.56m | no data | |
| Group Partner & Chief Partner of Food Business Unit | 5.83yrs | CN¥171.00k | no data | |
| Employee Representative Member of the Supervisory Committee & GM of Audit Supervision Department | 10.83yrs | CN¥1.67m | 0.00017% CN¥ 587.5k | |
| GP, Chief Partner | 0.67yr | no data | no data |
2.8yrs
Average Tenure
48.5yo
Average Age
Experienced Management: 000002's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & Group Partner | 3.33yrs | CN¥12.52m | 0.063% CN¥ 217.4m | |
| President | 2.83yrs | CN¥11.27m | no data | |
| GP, Executive VP | 0.42yr | no data | no data | |
| Employee Representative Member of the Supervisory Committee & GM of Audit Supervision Department | 10.83yrs | CN¥1.67m | 0.00017% CN¥ 587.5k | |
| Group Partner | 1.83yrs | no data | no data | |
| Honorary Chairman | 3.42yrs | no data | no data | |
| Chairman of the Supervisory Committee & Group Partner | no data | CN¥3.97m | 0.0078% CN¥ 26.9m | |
| Independent Non-Executive Director | 3.33yrs | CN¥600.00k | no data | |
| Independent Non-Executive Director | 3.33yrs | CN¥600.00k | no data | |
| Independent Non-Executive Director | 3.33yrs | CN¥600.00k | no data | |
| Chairman of the Supervisory Board | 1.83yrs | no data | no data | |
| Independent Non-Executive Director | 0.42yr | no data | no data |
3.3yrs
Average Tenure
55yo
Average Age
Experienced Board: 000002's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.
Top Shareholders
Company Information
China Vanke Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Vanke Co., Ltd.
- Ticker: 2
- Exchange: SZSE
- Founded: 1984
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CN¥345.608b
- Shares outstanding: 11.62b
- Website: https://www.vanke.com
Number of Employees
Location
- China Vanke Co., Ltd.
- Vanke Center
- No. 33 Huanmei Road
- Shenzhen
- Guangdong Province
- 518083
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Feb 1994 |
| 2 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Feb 1994 |
| 2202 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Foreign Shares-Foreign Listed | HK | HKD | Jun 2014 | |
| 18V | DB (Deutsche Boerse AG) | Foreign Shares-Foreign Listed | DE | EUR | Jun 2014 | |
| 2202 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Foreign Shares-Foreign Listed | HK | HKD | Jun 2014 | |
| CHVK.F | OTCPK (Pink Sheets LLC) | Foreign Shares-Foreign Listed | US | USD | Jun 2014 | |
| CHVK.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADS | US | USD | May 2018 |
Biography
China Vanke Co., Ltd., a real-estate company, develops and sells properties in the People’s Republic of China. The company operates through Property Development and Property Management segments. It develop...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 09:01 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.