Vanke, which has led China’s property industry in the past decade, has to give up its long-claiming title of “leading enterprise” to Evergrande in advance in this year. What is more surprised around the industry, the yearly performance of Vanke could not keep the same status as new overlord ( Evergrande) in line with current momentum.

According to the announcement of Evergrande released on Oct 10, its accumulated sales volume reached RMB 280.58 billion in this year, which is RMB 17.7 billion more than that of Vanke. Insiders think that, as “Vanke era” was put to an end, the property industry will enter into a pattern of “one super powerful force with several sub-powerful forces” led by Evergrande. Besides, monthly sales that keeps ranking number one in successive months means Evergrande’s lead to expand continuously.

The data indicates that, since this year, Evergrande has been forged by strong and upholding results, breaking through RMB 40 billion of monthly sales in three consecutive months, which includes RMB 47.52 RMB billion in this September.

It is in accordance with the increasing trend in recent years. Since Evergrand went public, it has kept increasing at the speed of above 30%. Just taking sales volume in the first 9 months of this year as an example, it increases by 39.4% more than the yearly sales of last year. Thus, the whole sales in this year is expected to doubling. Some insider said:” Though Vanke has kept annual average growth rate at 20% in recent years, which is not low in this industry, Evergrande will surpass it absolutely on basis of its high-speed development.

With comparison of various data, it can be seen that the gap of developing speed between the two hegemonies in this industry -Evergrand and Vanke.

In terms of sales volume, the first performance released by Evergranded after it went public in 2009 was only 30.3 billion yuan, 2 times less than that of Vanke year on year-63.4 billion yuan. This big gap was shrinking continuously later. Though Evergrande still had a 30% gap with Vanke, it has overtaken Vanke only in the first 9 months of this year, which shows its powerful momentum in 2016.

Other core data also shows Evergrande stronger momentum. With the motivation of soaring growth in recent years, Evergrande’s total capital, operation revenue, cash balance has increased 15, 24, 16, 15 times respectively from 2009 up to now, while Vanke only 4, 3, 2 times respectively. Its absolute value increases by 287.6, 12.7 and 140.1 billion yuan respectively comparing with Vanke.

Furthermore, a professional report from the third institution also approves current gap between two enterprises. On basis of the equity sales list released by an authoritative institution-CRIC, Evergrande has been the leader in successive months. Its sales 266.81 billion yuan in the first 9 month of this year is 77.44 billion yuan that is more than Vanke.

“ For foundation, Evergrand is 12 years later than Vanke”, the above insider added，“ while for being a listed company, it is even 18 years later than Vanke. Now Evergrand successful overtaking has created a miracle in this industry. It is rare in global enterprises that expanding sales scale to 8 times in less than 7 years.” The above industry insider added.