China Vanke Co.,Ltd.’s Net Profit Dropped 1.4% in 2022

China Vanke Co.,Ltd. (万科企业股份有限公司) (000002.SZ) reported a net profit of 37.6 billion yuan in 2022, down 1.4% year-on-year.

Meanwhile, the company posted 503.8 billion yuan in revenue, up 11.3% year-on-year.

At the end of the reporting period, it had 1.8 trillion yuan in total assets and 1.4 trillion yuan in total liabilities, with a liability-to-asset ratio of 77%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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