Vanke's 2025 revenue is 233.4 billion yuan, with sales of 134.06 billion yuan.

Source: Fengcaixun

Phoenix.com Fengcaixun: On March 31, Vanke A released its 2025 annual report, showing that during the year the company achieved operating revenue of about 233.4 billion yuan, and net profit continued to be loss-making.

In 2025, Vanke’s development business achieved sales of 134.06 billion yuan, with timely, quality-guaranteed delivery of 117,000 homes, including 17,000 units delivered 30 days ahead of schedule during the year.

Data shows that during the year Vanke had 18 new projects with an investment realization rate of 84%. Among the projects in places including Shanghai, Chengdu, Harbin, Wenzhou, and others, initial launch and sell-through rates exceeded 80%. Shanghai Ideal Land’s near-zero-carbon community was selected as part of the first batch of “good community” case studies by the Ministry of Housing and Urban-Rural Development.

In terms of its operations and services business, Vanke’s all-things cloud (Wanwu Cloud) achieved revenue of 37.36 billion yuan. The “Diecheng” that underwent workflow transformation increased to 300 locations; it expanded 52 external energy management service projects. With scale and comprehensive service capabilities leading within the industry, it stands out. The “Poyu” business remains No. 1 in the industry in terms of scale, efficiency, and the number of units insured for tenancy guarantees (na-bao). It manages more than 270,000 long-term rental apartments, with an overall occupancy rate exceeding 95%. Among the units managed through light-asset entrusted management, the number has reached 105,000. Wanwei Logistics’ revenue has grown steadily, with cold-chain revenue up more than 25% year over year. Wanwei’s total leasable warehousing area exceeds 10 million square meters, and both high-standard and cold-chain warehousing occupancy rates have continued to improve. Yinli’s overall occupancy rate is 94.5%. It has established good cooperation with more than 12,700 brands. China Merchants Yinli Consumption REIT shows stable performance, with an annualized cash distribution yield of 4.18%.

In 2025, Vanke revitalized stock assets with a transaction value of 33.85 billion yuan. Through asset revitalization, it obtained 23 new projects, with a total planned permitted floor area of 1.869 million square meters. At the same time, during the year Vanke completed 31 bulk-asset transactions, with transaction amounts totaling 11.3 billion yuan, and proceeded in an orderly manner with the exit and settlement of its ice-and-snow business.

Source: Fengcaixun

Special Statement: The above content only represents the author’s own opinions or positions, and does not represent the opinions or positions of Sina Finance Headline. If, due to content in the work, copyright, or other issues, it is necessary to contact Sina Finance Headline, please do so within 30 days after the publication of the above content.

A massive amount of information and precise analysis—right in the Sina Finance app