Earnings Alerts

China Vanke (H) (2202) Earnings: Preliminary 1H Net Loss Between 7B to 9B Yuan – Management to Raise A-Share Holdings Amid Lower Sales and Margins

  • China Vanke reported a preliminary net loss of 7 billion yuan to 9 billion yuan for the first half of 2024.
  • In the first half of 2023, the company had reported a net income of 9.87 billion yuan.
  • The reason for the net loss is attributed to lower-than-expected sales and gross margin.
  • Vanke management plans to raise A-share holdings by 200 million yuan.
  • Analyst recommendations for Vanke include 10 buys, 7 holds, and 3 sells.

China Vanke (H) on Smartkarma



Analyst coverage of China Vanke (H) on Smartkarma reveals concerns highlighted by Fern Wang in the report titled “China Vanke: Should Investors Be Worried?“. The analysis leans towards a bearish sentiment as Wang raises alarms about the company’s declining contract sales, cash position, and financing ability. Insurers closely monitoring China Vanke have expressed worries as the company aims to refinance some of its debt. Despite having sufficient funding to repay upcoming bonds and securing a syndication loan, the ongoing challenges indicate a need for vigilant monitoring of Vanke’s financial performance.




A look at China Vanke (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE3.6

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 positioned well for long-term success based on the Smartkarma Smart Scores analysis. With top scores in both Value and Dividend factors, the company demonstrates strong fundamentals and a commitment to rewarding investors. However, challenges may lie ahead in terms of Growth and Resilience, with lower scores indicating areas for potential improvement. Despite this, a solid Momentum score suggests that the company is currently on a positive trajectory, which could bode well for future performance.

As a leading property development company in China, China Vanke Co., Ltd. focuses on residential properties in major cities such as Shenzhen, Shanghai, and Beijing. Their wide geographical reach signifies a robust market presence and opportunities for continued expansion. By maintaining a balance between value, dividends, growth, resilience, and momentum, China Vanke (H) strives to navigate the dynamic real estate landscape and deliver sustainable returns to its stakeholders.


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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