On January 4, Evergrande (HK.3333) released the announcement that it achieved the sales volume of RMB 201.34 billion in 2015, with an increase of 53.1% compared to that of RMB 131.5 billion in 2014.

As shown in the announcement, Evergrande achieved the single-month sales volume of RMB 28.95 billion in December, with a sharp increase of 167.7% on a year-over-year basis and an increase of 60% on a month-over-month basis, ranking No.1 throughout the country. It achieved the sales area of 3.302 million square meters in December and the accumulative sales area of 25.512 million square meters throughout the year.

The powerful sales of consecutive months laid a foundation for Evergrande to achieve the target of RMB 200 billion. According to the statistics, Evergrande achieved the sales volume of more than 10 billion in 11 months throughout the year, where it achieved the sales volume of more than 20 billion in 3 months.

Meanwhile, Evergrande maintained the sufficient cash flow in the high-speed growth. As shown in the announcement, Evergrande achieved the cash balance of RMB 158 billion by December 31, 2015, with an increase of 94% compared to that of RMB 81.57 billion in the first half year of 2015, and with a sharp increase of 166% compared to that of RMB 59.5 billion in 2014.

According to the insiders, the outstanding performance of Evergrande highlighted its powerful enterprise foundation. "This is reflected in its excellent product quality, powerful cost control capacity, product line with accurate market positioning, large-scale rapid development capacity, delivery of buildings with refined decoration and other competitive advantages."

By virtue of the above advantages, Evergrande achieved the sharp increase of 53.1% in the sales volume on a year-over-year basis in 2015, and maintained the sales growth for consecutive years since listing. According to the statistics, Evergrande achieved the sales volume of RMB 30.3 billion, RMB 50.4 billion, RMB 80.4 billion, RMB 92.3 billion, RMB 100.4 billion and RMB 131.5 billion respectively in 2009 through 2014, with the target completion rate being 101%, 126%, 115%, 115%, 100.4% and 120% respectively.

Meanwhile, Evergrande also maintained the growth of more than 30% in the business performance indicators. It achieved the increase in the turnover from RMB 5.7 billion to RMB 111.4 billion, the increase in the net profit from RMB 1.12 billion to RMB 18.02 billion, and the increase in the core business profit from RMB 0.29 billion to 12.04 billion.