Vanke Co., Ltd. Financial Analysis And Value Assessment

Vanke , As the leader of real estate industry in China , is keeping fast pace in development that drove its share price higher .When the capital market surged last two years , people view Vanke as an excellent company with sustainable growth . Vanke's value mainly comes from its profit continuing to increase in future , it base on the company long term strategy , strong financial capability as well as talent incentives .It is also connected with China's macro-economy , the cycle of real estate business and country's regulatory .The dissertation adopted the approach of Top-Down (Macro-economy—industry—the leader company).With Du Pont model,Radar model ,we analyze the balance sheet of Vanke in recent years and compare it with other companies in the business .Given reasonable assumptions ,we try to calculate the EPS of Vanke next few years .Combining company's strategy .management ,we use PE ratio to evaluate Vanke .The article is trying to make clear the prospect of Vanke and to measure Vanke's real valuation .With analysis of Vanke ,we try to give investors a conference to its share price so that they can invest effectively .