China Vanke Co (SZSE:000002) Purchase Of Property, Plant, Equipment : ¥-8,334 Mil (TTM As of Dec. 2023)

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What is China Vanke Co Purchase Of Property, Plant, Equipment?

China Vanke Co's purchase of property, plant, equipment for the three months ended in Dec. 2023 was ¥-3,379 Mil. It means China Vanke Co spent ¥3,379 Mil on purchasing property, plant, equipment. China Vanke Co's purchase of property, plant, equipment for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-8,334Mil.

Compared with last quarter (¥-2,013 Mil in Sep. 2023 ), China Vanke Co spent more money on purchasing property, plant, equipment in Dec. 2023 (¥-3,379 Mil).

China Vanke Co Purchase Of Property, Plant, Equipment Historical Data

The historical data trend for China Vanke Co's Purchase Of Property, Plant, Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Vanke Co Purchase Of Property, Plant, Equipment Chart

China Vanke Co Annual Data

Trend

Dec14

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Dec23

Purchase Of Property, Plant, Equipment

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-6,244.19

-7,208.30

-9,577.91

-12,826.71

-8,334.15

China Vanke Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Purchase Of Property, Plant, Equipment	Get a 7-Day Free Trial															-5,645.58	-1,851.68	-1,091.20	-2,012.61	-3,378.66

China Vanke Co Purchase Of Property, Plant, Equipment Calculation

The amount used to purchase PPE.

Purchase Of Property, Plant, Equipment for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-8,334 Mil.

China Vanke Co Purchase Of Property, Plant, Equipment Related Terms

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China Vanke Co (SZSE:000002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Vanke Co Ltd (SZSE:000002) » Definitions » Purchase Of Property, Plant, Equipment

Traded in Other Exchanges

CHVKF:USA CHVKY:USA 02202:Hong Kong 18V:Germany

Address

Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Shenzhen, CHN, 518083

Website

https://www.vanke.com

China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.

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