---
title: "Vanke (000002.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/000002.SZ/norm.md"
symbol: "000002.SZ"
name: "Vanke"
parent: "https://longbridge.com/en/quote/000002.SZ.md"
datetime: "2026-03-03T21:50:14.652Z"
locales:
  - [en](https://longbridge.com/en/quote/000002.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000002.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000002.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/000002.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/000002.SZ/norm.md)


# Vanke (000002.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -1.35 | -0.4807 | -0.5268 | -2.68 | -0.6780 |
| ROE | -35.01% | -11.75% | -12.51% | -57.76% | -13.60% |
| Revenue | 56.07B | 67.33B | 37.99B | 123.28B | 77.12B |
| Net income | -16.07B | -5.70B | -6.25B | -31.54B | -8.09B |
| Operating income | -6.62B | -2.22B | -2.37B | -6.30B | 676.92M |
| Gross margin | -7.54% | 4.56% | 6.10% | 7.21% | 12.06% |
| Net margin | -28.66% | -8.47% | -16.44% | -25.58% | -10.49% |
| Profit quality | - | -80.51% | - | -72.86% | 205.95% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1136.59B | 1194.15B | 1244.04B | 1286.26B | 1357.20B |
| Leverage | 3.78 | 3.72 | 3.77 | 3.80 | 3.63 |
| BVPS | 14.73 | 16.05 | 16.59 | 17.09 | 19.74 |
| Turnover | 0.2283 | 0.2336 | 0.2360 | 0.2459 | 0.2632 |
| Cash & STI | 60.39B | 69.36B | 75.52B | 84.19B | 77.33B |
| Inv & Rec | 426.33B | 462.52B | 499.31B | 519.01B | 584.44B |
| LT assets | 34.10B | 36.76B | 37.61B | 38.89B | 35.75B |
| Net debt | 321.52B | 314.08B | 302.46B | 297.72B | 271.57B |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -2.85B | 2.75B | -5.79B | 8.65B | 328.68M |
| Investing CF | -87.11M | 164.45M | 2.68B | 5.18B | 655.98M |
| Financing CF | -5.99B | -4.58B | -9.75B | -7.27B | -13.55B |
| Free CF | 2.12B | 2.09B | -11.87B | 36.43B | -6.71B |
| OCF coverage | 9.70% | 12.22% | -26.57% | 10.89% | -0.75% |
| Repaid & issued | -31.64B | 18.61B | 13.03B | 77.81B | -59.99B |
| CapEx | -1.44B | -411.64M | -801.49M | -406.27M | -1.65B |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.674898CNY | 2023-08-24 | 2023-08-25 | 2023-08-25 |
| Cash Dividend: 
0.968802CNY | 2022-08-24 | 2022-08-25 | 2022-08-25 |
| Cash Dividend: 
1.25CNY | 2021-08-24 | 2021-08-25 | 2021-08-25 |