[Southern Metropolis Daily] Evergrande Group Can Employ Capital of More than 65.1 Billion Yuan and Becomes the Real Estate Enterprise with Largest Sales by Smallest Profits
Date:2012.03.30 Publisher:Southern Metropolis Daily
Evergrande Group published the company performance in 2011 in Hongkong yesterday, and according to the data, it won the championship in various performances again. Last year, the gross saleable areas of buildings are as large as 12.199 million square meters to be in the first place in the nation and are increased by 54.75% year on year; the areas of buildings in construction are as large as 36.52 million square meters all the year to be in the first place in the nation and are increased by 52% year on year; the total assets are worth 179.02 billion yuan and are increased by 71.4% year on year; its sales volume reaches 80.39 billion yuan to be the champion in inland real estate enterprises in Hongkong and is increased by 59.4% year on year; and the annual target sales volume is realized by 114.8% to be in the first place in the nation. Furthermore, Evergrande Group currently possesses the cash balance of 28.2 billion yuan which is increased by 41.4% year on year, and has the capital of 65.11 billion yuan which is increased by 11.9 billion yuan compared with that in the corresponding period in 2010.