Earnings Alerts

China Vanke (H) (2202) Earnings Report: FY Net Income Drops by 46% to 12.16B Yuan

  • China Vanke’s net income for the fiscal year was 12.16 billion yuan.
  • This is a decrease of 46% from the previous year’s net income of 22.6 billion yuan.
  • The revenue for the year was 465.74 billion yuan, which is a 7.6% decrease year on year.
  • However, the revenue surpassed the estimated figure of 448.74 billion yuan.
  • There were 14 buys and 6 holds on the company’s stock. No sells were recorded.
  • All comparisons to the company’s past results are based on the values reported by the company in its original disclosures.

China Vanke (H) on Smartkarma

China Vanke (H) has been receiving a lot of attention from independent analysts on Smartkarma, an investment research network. Analysts like Fern Wang and Steve Zhou, CFA have published their insights on the company, with contrasting sentiments. While Wang has a bearish outlook on China Vanke, citing concerns over declining contract sales, cash position, and financing ability, Zhou is more optimistic, seeing a short-term trading opportunity post a conference call with Shenzhen SASAC and Shenzhen Metro. Another analyst, Travis Lundy, has also published multiple reports on China Vanke, with a bullish lean. Lundy’s reports on Quiddity HK Connect SOUTHBOUND show that Meituan, Tencent, Kuaishou, and banks have been seeing inflows, while oil and telecom SOEs are experiencing outflows. Lundy’s Quiddity A/H Premium Tracker also tracks A/H premium positioning and flows, with 46 recommendations. Overall, China Vanke (H) remains a hot topic on Smartkarma, with analysts closely monitoring the company’s performance and providing valuable insights.


A look at China Vanke (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum2
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Vanke (H) is a property development company that focuses on building residential properties in some of China’s biggest cities, such as Shenzhen, Shanghai, and Beijing. According to the Smartkarma Smart Scores, the company has an overall positive outlook with a score of 4 out of 5. This is determined by its high scores in value and dividend, indicating that it is a financially sound and profitable company.

In addition to its strong financial standing, China Vanke (H) also has a decent score of 3 for growth, suggesting that it has potential for future expansion and success. However, the company’s scores in resilience and momentum are lower at 2, indicating that it may face some challenges in the long-term and may not be currently performing as well as it could be.

Overall, China Vanke (H) is a reputable property development company with a positive outlook, as indicated by its Smartkarma Smart Scores. Its strong financial position and potential for growth make it a promising investment for those interested in the Chinese real estate market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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