30 cash flow decrease by 57.5 billion

Source: Internet
Author: User
As of yesterday, the Shanghai and Shenzhen cities have 30 real estate companies to disclose 2010 years of performance, the total to achieve the ownership of the listed company's shareholders net profit of 25.223 billion yuan, an increase of 43.67%, but the performance differentiation is obvious, some small and medium-sized enterprises decline or even loss. At the same time, the overall cash flow of the housing enterprises plummeted, 30 housing companies last year operating activities generated net cash flow of 35.89 billion yuan, the year-on-year decrease of 57.499 billion yuan. Statistics show that in 2010, 30 housing Enterprises total income of 167.28 billion yuan, an increase of 36.1%, total to achieve ownership of the listed company shareholders of the net profit of 25.223 billion yuan, an increase of 43.67%. Among them, 4 of Zhonghong real estate, such as net profit growth of more than 100%, while Jiakai City and 6 companies have seen a decline in performance.  Affected by regulation, real estate companies began to differentiate performance, while the industry generally expected to follow the growth of real estate industry worrying. The annual report shows that 6 companies such as Jiakai City have declined in varying degrees, including the loss of green-view property last year.  2010, the green-view real estate revenue 71.1981 million yuan, down 84.49% year-on-year, the realization of net profit loss of 49.4324 million yuan, mainly for the transfer of sales revenue significantly reduced. Due to the 2010 Housing Enterprise Land Reserves and project development investment remains high, so most housing enterprises cash flow significantly decline. According to statistics, the net cash flow of 30 housing enterprises during last year's operation was 35.89 billion yuan, and the operating cash flow of these companies was 21.61 billion yuan in 2009.  It is reported that the third round of regulation not only in the purchase of unprecedented strength, directly restrain more than half of the demand, but also in the credit funds to increase regulatory efforts. Today, developers in the face of a sharp decline in turnover, while the 2010 backlog of land will enter the development phase this year, the consumption of funds will continue to rise.  And since 2010 credit tightening and the implementation of pre-sale funds supervision, the developer's source of funds self-financing, deposit and pre-collection accounts for the increasing. In this respect, Beijing Zhongyuan Market research director Zhang Dawei pointed out that the developer capital pressure continues to increase, 2011 first half may turn negative. "Companies that have lost money in the 2010 are likely to gradually start regional price cuts in the two quarter." "Beijing Evening News"

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