How does 18V0's PS Ratio compare to its peers?

18V0 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (3.8x).

How does 18V0's PS Ratio compare vs other companies in the DE Real Estate Industry?

18V0 is good value based on its Price-To-Sales Ratio (0.2x) compared to the German Real Estate industry average (3.3x).

What is 18V0's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

18V0 is expensive based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).

What is the Fair Price of 18V0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

18V0 (€0.27) is trading above our estimate of [[fair value]] (€0.01)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

18V0 Stock Overview

Engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. More details

18V0 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings are forecast to grow 94.53% per year

Risk Analysis

Debt is not well covered by operating cash flow

Highly volatile share price over the past 3 months compared to the German market

My Notes

Capture your thoughts, links and company narrative

China Vanke Co., Ltd. Competitors

Instone Real Estate Group

XTRA:INS

€373.4m

Vonovia

XTRA:VNA

€24.2b

Deutsche Wohnen

XTRA:DWNI

€9.2b

LEG Immobilien

XTRA:LEG

€6.1b

Price History & Performance

Summary of share price highs, lows and changes for China Vanke
Historical stock prices
Current Share Price	CN¥0.27
52 Week High	CN¥0.67
52 Week Low	CN¥0.12
Beta	0.82
1 Month Change	-11.84%
3 Month Change	41.05%
1 Year Change	-10.67%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-61.71%

Recent updates

Shareholder Returns

	18V0	DE Real Estate	DE Market
7D	-13.5%	-3.6%	-2.6%
1Y	-10.7%	0.1%	6.9%

Return vs Industry: 18V0 underperformed the German Real Estate industry which returned 0.1% over the past year.

Return vs Market: 18V0 underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is 18V0's price volatile compared to industry and market?
18V0 volatility
18V0 Average Weekly Movement	31.7%
Real Estate Industry Average Movement	4.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.2%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 18V0's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 18V0's weekly volatility has increased from 21% to 32% over the past year.

About the Company

Founded	Employees	CEO	Website
1984	131,097	Jiusheng Zhu	www.vanke.com

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 Property Management segments. The company develops residential buildings, apartments, retail properties, and commercial offices.

China Vanke Co., Ltd. Fundamentals Summary

How do China Vanke's earnings and revenue compare to its market cap?
18V0 fundamental statistics
Market cap	€11.44b
Earnings (TTM)	-€2.55b
Revenue (TTM)	€51.93b

0.2x

P/S Ratio

-4.8x

P/E Ratio

Is 18V0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
18V0 income statement (TTM)
Revenue	CN¥395.33b
Cost of Revenue	CN¥359.92b
Gross Profit	CN¥35.41b
Other Expenses	CN¥54.81b
Earnings	-CN¥19.40b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-1.64
Gross Margin	8.96%
Net Profit Margin	-4.91%
Debt/Equity Ratio	87.9%

How did 18V0 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 14:55
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Vanke Co., Ltd. is covered by 63 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hongying Zuo	AJ Securities Co., Ltd
Frank Chen	BNP Paribas Securities (Asia)
Xiaofeng Lu	BOCI Research Ltd.