In January this year, 27 construction companies in Australia went bankrupt.
The banner said: the uncompleted project of one hundred cities and one thousand residential buildings is uncompleted, and 100000 owners are homeless.
The six bid sections of Zhongchuan airport in Lanzhou new area have attracted more than 470 Enterprises above the first level of general contracting in China, covering almost 30% of domestic first-class construction enterprises.
At the scene, uncompleted residential building owners came to the stage and presented a banner to Huang Qisen for hundreds of thousands of uncompleted residential building owners across the country.
The owner was injured by Taihe security.
The cosmos company level national real estate leader is in danger.
A 30 million municipal project in Guangzhou has attracted more than 890 enterprises at or above the municipal level.
In November 2019, four state-owned construction enterprises with special qualification in Beijing were merged and reorganized: Beijing Urban Construction Group and Beijing Housing Group implemented merger and reorganization, transferred the state-owned assets of Beijing housing group to Beijing urban construction group free of charge, and Beijing urban construction group exercised the responsibility of investor.
As an A-share listed company, sankeshu is even more difficult as a large number of construction subcontracting enterprises and material suppliers.
In fact, the problem is not just from natural disasters: the asset liability ratio of Jianye is 87.2%, the net debt ratio is 92.6%, the cash short debt ratio is 1.93, stepping on the red line, it is classified as a yellow enterprise.
China integrity international has removed Huaxia happiness from the credit rating list.
In March, it was announced that the capital chain was broken, resulting in a loss of nearly 10 billion in the first half of the year.
Because its construction has the leading advantage of a small number of subdivided industries, it has little impact..
Of course, most of them are local small real estate companies.
On August 13, 2021, Kunming intermediate people’s Court of Yunnan Province ruled to accept the reorganization application, and appointed the liquidation group of China Yunnan Road Construction Group Co., Ltd.
It can be seen that the competition for survival has become white hot.
Moody’s adjusted the rating outlook of Jianye real estate from “stable” to “negative”.
How to resolve the debt crisis and how to survive in difficulties has become a new problem for construction companies.
According to the semi annual report of Blu ray 2021, the book free use fund is only 300 million yuan.
As the largest customer of sankeshu, Evergrande had owed about 900 million bills and accounts receivable to sankeshu by the end of August this year.
The total transaction price was only 200 million yuan, with an average price of 2 yuan per share.
Behind every bankrupt company, there are dozens to hundreds or even tens of thousands of small companies.
Beijing Construction Engineering Group Co., Ltd.
implemented merger and reorganization, transferred the state-owned assets of municipal roads and bridges to Beijing Construction Engineering Group free of charge, and Beijing construction engineering group exercised the responsibility of investor.
In April 2020, the super enterprise China Yunnan Road Construction Group Co., Ltd.
Its ranking in the national construction industry will rise to 11th and sixth.
For example, some professional tunnel construction enterprises in Fujian, some landscape corridor construction enterprises in Jiangxi, some wooden house construction enterprises in Zhejiang and some antique building construction enterprises in Gansu.
After the merger and reorganization, the new Beijing Urban Construction Group will have total assets of more than 300 billion yuan, operating revenue of nearly 120 billion yuan and total profit of nearly 5 billion yuan.
Of course, these are only partial.
An 8 million government project in Shaanxi has attracted more than 400 bidding enterprises, including super grade enterprises, central enterprises and state-owned enterprises.
Ping An of China, once the White Knight of Chinese happiness and the largest financier, has accrued a loss of 35.9 billion.
Therefore, government projects with good funds and high reputation have become a hot word.
Liabilities are trillion, and off balance sheet liabilities (commercial bills, etc.) are 100 billion.
It is said on the Internet that 2021 will be a year for domestic real estate companies to reshuffle, and real estate companies that cross the three red lines of supervision are going bankrupt and shut down in the number of nearly two every day.
Evergrande’s debt crisis and the tide of real estate shutdown all over the country.
Central enterprises and state-owned enterprises.
Now Evergrande projects all over the country have been shut down, and it is still a problem when the agreed auction house will be delivered.
applied for bankruptcy and reorganization.
on August 13.
Experts predict that more enterprises will go bankrupt in the next few months.
Commercial tickets are overdue every day.
entered the bankruptcy reorganization procedure, planned to resume production by introducing strategic investors, raise debt repayment funds and assist the manager in completing the bankruptcy reorganization of construction group.
Huang Qisen, the boss, personally came to the stage to promote the house of China yard.
The content shows that more than 300 real estate projects of Jianye are closed or semi closed due to the flood and epidemic situation, but they need to pay huge operating costs, Sales performance declined, sales and payment collection decreased by nearly 3 billion yuan compared with the original plan, many construction sites were shut down, and various economic losses accumulated more than 5 billion yuan.
as the manager of China Yunnan Road Construction Group Co., Ltd.
As of September 4, the principal and interest of defaulted debt totaled 87.899 billion yuan, and there were few available funds on the account.
Specialized, precise and firm small construction enterprises.
The enterprises that can survive have the following characteristics: 1.
Blu ray development, known as the “king of Southwest China”, has a debt of 200 billion and has stepped into 100 billion real estate enterprises.
Behind every bankrupt company, there are countless small subcontracting enterprises or construction labor companies, or material suppliers.
It has class I qualification for general contracting of construction engineering, class I qualification for general contracting of municipal public works, class I qualification for professional contracting of foundation and foundation engineering, class I qualification for professional contracting of building electromechanical equipment installation engineering, etc.
Huaxia Xingfu, a former city building expert, is one of the top 10 real estate enterprises in 2020 and a leading real estate enterprise in Hebei, with a total debt of 400 billion.
The bond financing business has been stopped and 60% of the staff have been laid off.
The key is that Evergrande’s other more than 600 million debts to sankeshu are also hanging.
At the same time, it also has professional contracting of bridge engineering, tunnel engineering, highway pavement engineering, highway subgrade engineering and highway traffic engineering (highway safety facilities) Class I professional contracting qualification.
Yunnan Road was built on September 13, 2017 and obtained the qualification of “super grade general contracting of highway engineering construction”.
Due to the panic of financial institutions caused by the guarantee of the house at all costs, two trusts require to repay the loan in advance.
On August 28, Taihe Group held a press conference in China yard.
2.
In the past two years, domestic real estate companies have been exploding.
Many projects have been shut down.
But like me, most people only see the thunderstorms of real estate companies.
In December 2019, Henan Construction Group Co., Ltd.
and Beijing Municipal Road and Bridge Group Co., Ltd.
According to the Australian Securities and Investment Commission, 192 Australian companies closed down in January.
Of course, not only at home, but also abroad.
Unexpectedly, behind the collapse of a large number of real estate companies, there are several or even dozens of thunderstorms of construction companies.
Strong financing ability, relying on government projects and EPC to get out of difficulties.
It comes from a help letter – Report on major risks and crises of enterprises and asking for help and rescue.
On September 3, all the shares held by Blu ray group, the controlling shareholder of Blu ray, were won by Gu bin, a natural person.
Due to the overdue payment, Evergrande can only mortgage the house.
Henan Diwang, the largest real estate enterprise construction group in Henan, has sales of more than 100 billion and liabilities of 150 billion in 2020.
Small giants in some industries have survived very well in construction enterprises.
In fact, the data of Australia has decreased by about 51% compared with the same period in 2020.
Taihe real estate has a debt of 200 billion yuan, and the operating revenue in the first half of the year was only 662 million yuan; The net profit loss attributable to shareholders of the listed company was 852 million yuan; Net cash flow from operating activities – 899 million yuan, with a total asset liability ratio of 91.81%.
