Earnings Alerts

China Vanke (H) (2202) Earnings: August Contracted Sales Reach 17.24B Yuan

By September 6, 2024 No Comments
  • August Contracted Sales: China Vanke achieved 17.24 billion Yuan in contracted sales in August 2024.
  • Year-To-Date (YTD) Performance: The company’s YTD contracted sales reached 163.78 billion Yuan.
  • Analyst Recommendations:
    • Buy: 7 analysts recommend buying the stock.
    • Hold: 10 analysts suggest holding the stock.
    • Sell: 3 analysts advise selling the stock.

China Vanke (H) on Smartkarma

Analysts on Smartkarma, such as Fern Wang, are closely watching China Vanke (H) as concerns grow among investors. In a recent report titled “China Vanke: Should Investors Be Worried?“, Wang highlights issues around declining contract sales, cash position, and financing ability. The company’s dealings with insurers have raised red flags, prompting the need for vigilant monitoring. Despite securing funding for upcoming obligations, including a large syndication loan, China Vanke’s performance continues to be under scrutiny for its persistent challenges in sales and finances.


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) presents a promising long-term outlook based on the Smartkarma Smart Scores. With top scores in Value and Dividend factors, the company demonstrates strong fundamentals and a commitment to rewarding investors. While scoring slightly lower in Growth, Resilience, and Momentum, indicating some areas for potential improvement, the overall outlook remains positive. China Vanke (H) is a leading property development company, focusing on residential properties in key Chinese cities like Shenzhen, Shanghai, and Beijing, reflecting a stable foundation for sustained growth.

Despite facing challenges in growth, resilience, and momentum factors, China Vanke (H) seems well-positioned for long-term success given its robust Value and Dividend ratings. As a prominent player in the Chinese property development sector, the company’s strategic focus on residential projects in major urban centers provides a solid platform for future expansion and profitability. Investors may find China Vanke (H) an attractive opportunity for steady returns backed by sound financial performance and reliable dividend payouts.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars