Real Estate~


This data will blow your mind~
Vanke’s annual report shows that for the full year of 2025, the net profit attributable to shareholders will be a loss of 885.56 billion yuan. This annual report has enabled Vanke to surpass Hainan Airlines Holding’s loss of 64 billion yuan in 2020, creating: the largest single-quarter loss record in A-share history. Combined with the losses in 2024, over the two years Vanke has wiped out more than 138 billion yuan.
This is equivalent to half of Vanke’s cumulative net profit from 1991, when it listed, through 2023—exactly 32 years.
By checking historical financial summaries, Vanke’s cumulative net profit from 1991, when it listed, through 2023 is about 280 billion to 290 billion yuan.
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