China Vanke Co., Ltd. 万科企业股份有限公司
China Vanke Co., Ltd. [baidu.com] |
Ranking 2012: 14; Revenue 2011: 71.8 billion yuan (US$11.4 billion)
Ranking 2011: NA; Revenue 2010: NA
Sector: Real estate
Headquarters: Guangdong
Website: http://www.vanke.com/en/Default.aspx
Vanke, China's largest residential property developer, was founded in 1984. Headquartered in Shenzhen, the company's core business is the development of mass-market residential properties. It's also involved in property management, construction research, and investment and consultancy activities. Vanke was listed on the Shenzhen Stock Exchange in 1991. By the end of 2011, Vanke's total assets hit 296.2 billion yuan (US$47 billion). Its revenue and net profits for 2011 reached 71.8 billion yuan (US$11.4 billion) and 9.6 billion yuan (US$1.5 billion) respectively, rising 41.5 percent and 32.2 percent over 2010. Vanke was ranked 431st on Forbes' Global 2000 list in 2012.
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