Exploring Financial Strategy under Vanke's Asset-light Operation Model

Abstract

In recent years, real estate development enterprises have been adjusting their investment direction and management mode with national policies and economic development, especially under the macro policy of "housing and housing without speculation", real estate investment has plummeted; the drawbacks of the original asset-heavy operation mode of real estate industry, such as large capital occupation and long operation cycle, have been gradually exposed. Vanke, as one of the early transforming real estate enterprises, has drawn public attention to its financial strategy under its transformed asset-light operation mode. This paper interprets the financial data of Vanke in recent years to form an analysis of the effect of Vanke's strategic transformation and provide reference transformation experience for other enterprises in China.