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More Than 60% Of Listed Housing Prices Fell Three In The Three Quarter, And Funds Were Tight.

2011/10/25 11:52:00 21

According to Wind statistics, as of yesterday, there were 29

Real estate

Development and business listed companies announced the three quarterly report.

Although the third quarter included the real estate industry as the gold sales opportunity in September, but in these companies, 18 of the third quarter results showed a decline, indicating that real estate is still in the throes of contraction.


According to the three quarterly report, 29 real estate listed companies realized a net profit of about 1 billion 440 million yuan, a decrease of 46.7% compared to the same period.

increase

34.9%.

In the third quarter, the listed housing enterprises achieved a total business income of 15 billion 640 million yuan, a decline of 19.5% in the ring ratio, and 21 of them showed a decrease in operating income.


In terms of cash flow, cash and cash equivalents appeared in the third quarter of Real Estate Company above.

decline

There are as many as 19.

In addition to the cash and equivalents of the gold group during the quarter, around 2 billion 150 million yuan, the rest of the companies increased their total cash by about 200 million yuan in the third quarter.

Besides Jindi group, 28 listed housing enterprises accounted for only 1% of the total amount of cash and their equivalent in the third quarter.

Data show that the net operating cash flow of the 29 companies in the third quarter was -26.9 billion yuan, far from 4 billion 200 million yuan in the same period last year.

At the same time, the net cash flow generated by these companies' financing activities was 5 billion 820 million yuan, a sharp decrease of 45% in the annulus ratio.

Moreover, if the net financing amount of the investment real estate is about 3 billion 420 million yuan, the funds raised by other companies will be very limited.


While the net amount of financing has declined, the total financial expenses of these companies have increased.

In the third quarter of this year, the financial cost of these companies was about 174 million yuan, an increase of 31%, an increase of 24% over the same period last year.

From the point of view of asset liability ratio, 16 companies in the three quarter of the 29 companies increased their asset liability ratio.


From the above data, we can see that in the third quarter of this year, under the background of continued tightening of financial policy, except for the large brand real estate developers such as Jindi group and investment real estate, the remaining listed real estate enterprises are not optimistic about capital reserves or financing capabilities.


However, it is worth mentioning that in the third quarter of this year, the net cash flow generated by investment activities of the listed real estate companies amounted to -7.4 billion yuan, and there was a significant increase in both year-on-year and annulus ratios.

This indicator may, to some extent, be a positive hint to the cold real estate industry.


 
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