Evergrande s sale of 16.6 billion assets has sparked heated discussions, what is the company s curre

The company's current situation is not particularly good, the operating situation is not particularly good, and there are also financial problems, and there are serious losses.

Now the company's current situation is very good, and it has not been affected by anything, and the operation of the capital chain is also very normal.

China Evergrande has total assets of trillions, liabilities of 100 million, and interest-bearing liabilities. 057 trillion and net assets of 350 billion.

1. Evergrande Real Estate Group **** is a subsidiary holding company of China Evergrande Group, the main body of the group's real estate business, headquartered in Shenzhen, China. Evergrande Group is a Fortune 500 enterprise group integrating real estate, finance, health, tourism and sports, with total assets of one trillion yuan, annual sales of more than 400 billion yuan, more than 80,000 employees, more than 1.3 million jobs, and more than 500 real estate projects in more than 180 cities across the country, becoming the world's first real estate company.

The shareholding structure of Evergrande Real Estate, Xu Jiayin absolutely controls China Evergrande (registered in the Cayman Islands), a Hong Kong-listed company through BVI (British Virgin Islands) company, and China Evergrande holds 100% of the domestic company Guangzhou Chaofeng Real Estate through the BVI company Anji Co., Ltd., which in turn holds 100% of Guangzhou Kailong Real Estate, and Kailong Real Estate holds 100% of Evergrande Real Estate Group.

2. Evergrande has more than 80,000 employees in China, more than 92% of the engineering technology and management personnel are bachelor's degree or above, and have China's first-class qualification of real estate development companies, China's first-class qualification of architectural design and research institutes, China's first-class qualification of construction companies, China's first-class qualification of construction supervision companies, China's first-class qualification of property management companies.

3. Rooted in China, Evergrande has been committed to promoting China's urbanization process, and now has more than 100 large-scale real estate projects in more than 50 major cities across the country, such as Guangzhou, Shanghai, Tianjin, Chongqing, Shenyang, Wuhan, Chengdu, Nanjing, Xi'an, Changsha, Taiyuan, Kunming, Hefei, Guiyang, Nanning, Nanchang, Jinan, Zhengzhou, Lanzhou, Changchun, Haikou, Shijiazhuang, Hohhot, Harbin, Urumqi, etc., covering multiple product series of mid-end, mid-to-high-end, high-end and tourism real estate. It is a real estate enterprise with the largest area of construction under construction and the largest number of provincial capitals in China. In 2009, Evergrande achieved sales of 30.3 billion yuan.

In August 2021, Xu Jiayin stepped down as chairman of Evergrande Real Estate.

1. Evergrande's debt situation has reached 2 trillion yuan.

For real estate companies like Evergrande, because Evergrande itself has expanded in a disorderly manner and borrowed funds aggressively, this has also directly led to Evergrande's debt situation reaching 2 trillion yuan. When Evergrande's debt situation was further improved, people found that many real estate companies, including Evergrande, had huge debts, and the debt of many real estate companies was more than hundreds of billions of yuan.

Second, Evergrande's bankruptcy will cause the whole people to pay.

The reason why I say this is mainly because the bankruptcy of Evergrande will definitely cause certain economic problems, which will cause everyone to pay for the bankruptcy of Evergrande. Although many people are not debtors of Evergrande, and have no relationship with Evergrande Group in real estate or wealth management products, everyone's life will be affected by Evergrande Group, which is the specific impact of large enterprises on everyone.

Third, banks and investors will also suffer heavy losses.

In addition to the national bill, if Evergrande goes bankrupt, banks and investors related to Evergrande will also suffer significant financial losses. Because Evergrande itself borrowed a lot of money from banks and investors, some investors even bought Evergrande Group's wealth management products. If Evergrande becomes insolvent or even bankrupt, it will directly lead to the inability of banks and investors to pay their funds normally, and this problem will further lead to more people falling into economic difficulties.

Hello, I'm glad to be able to answer your question, here is to talk about how real estate developers are empty gloves white wolf, developers have to build houses if they want to make money, so the money comes from Kaishifan**? Go to the bank to borrow, they first find the bank to borrow money to buy land, and then mortgage the land to the bank to borrow money to build a house, and wait for the house to sell to make money, and then return the money to the bank, turn around and continue to borrow money from the bank to buy land, and so on, but if the developer wants to make money from this cycle, then the house price has to keep rising, to put it bluntly, the biggest cost of the developer is the money to buy the land, and a lot of land is more than ten years ago at a low price, and now it is high, and then build a house and sell it to earn the difference. Therefore, Evergrande is using this efficient money-making model to borrow a lot, hoard land, and speculate on housing prices, and finally make a lot of money. Evergrande Group's debt crisis broke out, and its market value evaporated by more than 90%, so it could only sell its assets to survive.

In fact, the core reason for the bankruptcy of Evergrande Group is Xu Jiayin's personal body, blind expansion, wanton financing, and the project is not for profit. Hope mine satisfies you.

Evergrande's situation is mainly to repay debts while improving its own liquidity.

The reason why Evergrande will sell its assets is related to Evergrande's own business operation on the one hand, and Evergrande Group's Evergrande debt pressure on the other hand. Because the real estate industry is now sluggish, Evergrande's own core business has also been seriously affected, and under the huge debt pressure, Evergrande has to exchange cash flow in this way, thereby alleviating the corporate crisis.

1. Evergrande is actively selling off core assets.

Evergrande Group is involved in a wide range of businesses, not only in the real estate industry, but also in the entertainment and new energy vehicles. Before Evergrande's debt fully exploded, Evergrande was actively selling off its core assets, with assets worth 16.6 billion yuan. It is precisely because of the high value of the assets sold by Evergrande that many people are discussing Evergrande's debt crisis.

Second, many employees of Evergrande have left.

While the business situation has been blocked, many employees of Evergrande Group have left, and some have chosen to develop in other industries. In the early years, Evergrande Group's business volume was indeed very good, and even became a leading enterprise in the domestic real estate industry for a time. But the good times are short-lived, and Evergrande must solve its own debt problem, because Evergrande's debt has reached more than one trillion yuan, which will create systemic financial risks.

3. Evergrande is facing very large debt pressure.

As I said above, the biggest problem of Evergrande Group is not the business problem, because the business problem can be digested with stock funds, but Evergrande's debt problem is difficult to solve, and it is also a difficult problem in front of Evergrande. Evergrande's net profit is only about tens of billions of yuan per year, but its debt has reached more than 10 times. Once Evergrande has a payment crisis, Evergrande's debt problem will affect many banks and upstream and downstream enterprises, which is why Evergrande wants to actively sell assets.

To sum up, Evergrande's situation is not good.

It still looks very stable and is going to have a particularly good future in the future, and I have a lot of faith in the company.

The company's current situation is relatively bad, and Evergrande is now facing a very difficult phase.

Now the company's situation seems to be very stable, and it has survived this matter, and it has solved this problem.

They wanted to expand their development and took out loans to buy a lot of land, but now the real estate development is not particularly good, and they owe a lot of money.

Because of the epidemic, there was a fault in the company's capital chain, and the leaders' investment direction was wrong, which made Evergrande Group go into debt.

The steps are too big, the stalls are too much, which leads to the breakage of the capital chain, and the worst thing is to buy a house and meet unfinished customers!

Due to the adjustment of the policy, the real estate industry has been hit hard, which eventually affected this business.

Bankrupt. But if you don't stop it, you are really bankrupt, you just want to liquidate your assets on the grounds of bankruptcy, so that the order of repayment will be announced and clarified, and those who are behind will have to wait, so you won't have to worry about asking for debts at once. After Evergrande goes bankrupt, it enters the bankruptcy liquidation procedure in accordance with the law, and the villa master provides you with local building policies, building drawings, and villa design drawings.

Guangzhou Sun God Era:

On January 8, 1993, Guangzhou Helios Group signed a contract with Guangzhou Sports Commission, which was the first joint-stock professional football club in China. In 1994, the league was affected by infighting at the beginning of the league and its results declined, but then it made efforts to achieve six consecutive victories, including a 6-1 away victory over Shanghai Shenhua, and won the runner-up of the first top league after professionalization, and Peng Weiguo and Hu Zhijun became famous stars.

In 1995, he first experienced a change of coach, and then there were negative news such as internal conflicts, and finally only got 5th place, and the second team was sold to Matsuri that year. The following year, there were three A-A teams in Guangzhou (Guangzhou Sun God, Guangdong Hongyuan, Guangzhou Songri), and Guangzhou football reached its peak since professionalization, but the result slipped to seventh place.

After the end of the 1996 season, 13 players applied for transfers, and finally 9 left the team, and the overall strength declined significantly, and after the change of coach, they could only barely be relegated. In 1998, with the departure of Peng Weiguo and Hu Zhijun, and the lack of a second team, there were still some monopoly state-owned enterprises involved in football, which put the club's competition at a disadvantage.

The team was eventually relegated in last place, and the club took the initiative to ask ** to intervene in the investigation of some players' suspected gambling behavior. In the same city derby with Guangzhou Songri that year, the referee showed a total of 5 reds and 10 yellows to the players of both sides, creating a record for the most red and yellow cards in a single game in Chinese professional football.

In the last round, with the conditions of Xu Sheng, he staged a relegation battle with Beijing Kuanli, and in the second half of stoppage time, he scored with a long-range shot from Wuhan domestic aid Zeng Qinggao, which made the team difficult to relegate and caused the opponent to be relegated to the second division. After the game, thousands of fans poured into the stadium, and the club staff and players cried bitterly, and the scene brought tears to the eyes. <>