/kloc-On the evening of July, 0/7, China Evergrande released the 2022 annual performance announcement. According to the announcement, as of June 5438+February 3 1 in 2022, the total liabilities of China Evergrande were 2437410.20 billion yuan, which was10.7163.9 million yuan after excluding the contractual liabilities of 7.2/kloc-0.20 billion yuan.
For the year ended June 365438+February 365438, 2022, China Evergrande's revenue was RMB 230.07 billion and its gross profit was RMB 24.99 billion. During the year, the operating loss was 43.39 billion yuan, the losses related to land recovery, impairment loss of financial assets and other non-operating losses were 69.37 billion yuan, and the income tax expenditure was 65.438+0.305 billion yuan, resulting in a total net loss of 65.438+025.8/kloc-0.0 billion yuan.
As of June 65438+February 3, 2022 1, the land reserve of China Evergrande was 2110,000 square meters. In addition, China Evergrande also participated in 79 old district reconstruction projects, including 55 in Greater Bay Area (34 in Shenzhen) and 24 in other cities.
The high debt of an enterprise does not mean that it will go bankrupt;
I. Diversified debt structure
The high debt of an enterprise does not mean that its debt structure is single. Practice shows that diversification of corporate liabilities helps to spread risks and improve the ability to resist external shocks. For example, an enterprise may have various forms of liabilities such as bank loans, bond financing and equity financing at the same time. This diversified debt structure can reduce the single risk faced by enterprises, thus enhancing their viability.
Second, stable cash flow and profitability.
Although enterprises have high debts, as long as they can maintain stable cash flow and profitability, they will be able to repay their debts in time. The cash flow of an enterprise is very important to the bankruptcy risk, because insufficient cash flow may lead to the inability to repay debts.
If an enterprise can maintain stable cash flow and profitability through effective management and financing, it will reduce the risk of failing to repay its debts.
Third, active debt management and capital operation.
Highly indebted enterprises usually take active debt management and capital operation measures to reduce debt risk. For example, enterprises can reduce debt pressure by extending debt maturity, negotiating debt restructuring and seeking new financing opportunities.