Which comprehensive strength is stronger, Wanda or Vanke?

Vanke Wanda, both leading real estate developers in China, seems to be often compared (also known as Wan). If the subject is willing, you can look up the operating performance data of these two companies (although Wanda has not yet completed listing, these data can be found) and compare the corresponding figures with the ratio. But in fact, the comparability between the two is not as strong as people think-Vanke is a residential real estate company (known as the world's largest residential developer), and its customers are buyers who live or invest; Wanda focuses on commerce and tourism real estate, and its customers are mainly merchants and enterprises, which are often leased rather than sold. It can be said that although they all use land to build houses, they are completely different in nature. We make different products, sell them to different people and have different business strategies, so it is difficult to unify the evaluation criteria. Even the figures are not comparable. Under the current national conditions in China, the land acquisition ability of real estate developers is also an important factor that can be compared. But it is also because the business nature of Vanke and Wanda is completely different, and the land acquisition objectives and processes are also very different. Generally speaking, Vanke has taken a relatively large amount of land in recent years, while Wanda has taken a relatively low price, so each has its own advantages. Vanke and Wanda are both very mature real estate developers and are top-notch in their respective fields. Their comprehensive strength is very strong: Vanke has established a complete industrial chain of development, planning, design, construction, sales and property management; Wanda has also established a good brand, attracting high-quality merchants by order-based cooperation, and the effect is outstanding. But ... it really doesn't. ...