The company has not announced sales for four years: Liabilities 135 billion 400 million, debt ratio 87%

category:Global
 The company has not announced sales for four years: Liabilities 135 billion 400 million, debt ratio 87%


In April 24th, Taihe Group issued 2017 annual report. The data showed that the total assets of the company were 206 billion 400 million yuan and the operating income was 24 billion 331 million yuan, up 17.38%, and the net profit of the shareholders of the listed company was 2 billion 124 million yuan, up 24.43% from the same year. Fujians housing companies have been regarded as the Gao Ganggan and high turnover development mode in the eyes of the outside world, which also requires Tai He to have large amounts of capital. The announcement shows that the financing channels of Taihe are mainly divided into bank loans, non bank loans and corporate bonds (3-5 years). Among them, the bank loan is 26 billion 982 million yuan, the cost is 7.14%, the account is 19.91%, the non bank loan is 82 billion 974 million yuan, the cost is 8.67%, and the ratio is 61.24%; the company debt is 25 billion 538 million yuan, the cost is 7.27%, accounting for 18.85%. Tai He said that using a variety of financing channels is a major measure to realize the companys future development strategy, and it is also a prerequisite and guarantee for improving the companys investment and financing system and realizing the sustainable development. Companies seize the opportunity to raise capital market financing, reduce financing costs and further optimize debt structure. Data show that Taihe 2017 liabilities of 135 billion 494 million yuan, asset liability ratio of 87.83%, of which long-term loans accounted for 52.05%, the amount of 70 billion 525 million yuan. The assets of Taihe for mortgages and pledge are 70 billion 584 million yuan, which are restricted by mortgage loan, loan pledge, mortgage deposit and so on. For the debt problem, Huang Qisen, chairman of Taihe Group, had said that in the first half of 2018, Taihe Group striving to reduce the overall debt ratio to below 75%. Huang Qisen, chairman of Taihe Group. Visual Chinese data map In the list of shareholders, Taihe investment group is the first largest shareholder with a shareholding ratio of 48.97%, and the number of shares is 609400795. But at present, most of the shares have been pledged, the remaining 8160727 shares are not being pledged and the proportion of the number of pledge is up to 98.66%. In addition, the Huaxin trust holds the stock of 3.99% of Taihe. In terms of land reserve, Taihe said that since 2016, the company has gained more land reserves through a variety of ways such as acquisition and participation, and the land expansion of the company has been fully transferred to the stage of merger and acquisition, and 26 of the 36 projects obtained have been acquired through merger and acquisition of assets. Taihe said that the acquisition of land by M & A can reduce the cost and risk, shorten the project development cycle and expand the scale of the companys land reserve. At 55 billion 240 million yuan, the land was 7 million 928 thousand square meters, and the construction area was 10 million 692 thousand and 100 square meters. Taihe said in the announcement that the real estate business has always been the core business of the company. The real estate business income is 23 billion 69 million yuan, and the carrying area is 1 million 223 thousand and 900 square meters. Among them, the sales income of residential real estate is 16 billion 461 million yuan, the carrying area is 896 thousand and 800 square meters, the commercial real estate income is 6 billion 608 million yuan, and the carrying area is 327 thousand and 200 square meters. In December 22, 2017, Huang Qisen, chairman of Taihe Group, said in an interview that Taihe will strive to enter the 200 billion era in 2018. Huang Qi said that many factors such as pre-sale permit affect the value of goods in 2018. According to his estimate, the sales value could be around 400 billion yuan in 2018. After Huang Shin claimed 200 billion of the sales target, the stock price of Taihe appeared on 5 trading days in 9 trading days, up 84.95%. In December 25, 2017, the Shenzhen Stock Exchange issued a letter of concern to the Taihe Group, which asked Huang on its sales target of 200 billion yuan in 2018, to 79% in the first half of 2018, to 75% in the whole year, and to 30 specific data in 2018 for specific projects. When he returned to the Shenzhen Stock Exchange, he said that these belonged to the goal and vision of the companys development. It did not constitute the performance commitment of the company, the actual controller of the company and the chairman of the board of directors. It is worth noting that, although Huang yelled a 200 billion yuan sales target, he has not published the companys sales and sales area data for four years, and the two figures have been the mystery of Tai He. As of 25 days closing, Taihe Group reported 26.58 yuan / share, or 5.98%. The source of this article: surging news editor: Yang Qiang _NN6027 After Huang Shin claimed 200 billion of the sales target, the stock price of Taihe appeared on 5 trading days in 9 trading days, up 84.95%. In December 25, 2017, the Shenzhen Stock Exchange issued a letter of concern to the Taihe Group, which asked Huang on its sales target of 200 billion yuan in 2018, to 79% in the first half of 2018, to 75% in the whole year, and to 30 specific data in 2018 for specific projects. When he returned to the Shenzhen Stock Exchange, he said that these belonged to the goal and vision of the companys development. It did not constitute the performance commitment of the company, the actual controller of the company and the chairman of the board of directors. It is worth noting that, although Huang yelled a 200 billion yuan sales target, he has not published the companys sales and sales area data for four years, and the two figures have been the mystery of Tai He. As of 25 days closing, Taihe Group reported 26.58 yuan / share, or 5.98%.