Beijing agent issues value-added tax invoice

Beijing agent issues value-added tax invoice [Tel: -- Mr. Liang: WeChat] (Integrity first, customer first, long-term cooperation,) ▂ ▂▃▄▅▆▇█ Baidu promotion: Catering fees, accommodation fees, transportation fees, service fees, advertising fees, building decoration, handling fees, engineering fees, medical fees, consulting fees, labor fees, etc. Building materials and other developments in the property market in the first half of this year have shown inventory and transaction volume. The sales cycle has lengthened and the turnover rate has slowed, which has given rise to a sharp rise in the financial costs of real estate companies. Editor's note: While house buyers generally expect housing prices to fall sharply during development, Opening up capital and opening up the market also marks the future of real estate companies. Financing costs for real estate companies will undoubtedly increase significantly. This has also exacerbated the tension in the capital chain of real estate companies to a certain extent. With the combined force of multiple factors, it is not difficult to predict that the intensity of real estate companies exchanging price for volume will further deepen.
According to d information statistics, the total financial expenses of the above-mentioned listed real estate companies in the first half of this year were . During the same period, it was .00 billion. The year-on-year growth rate of financial expenses in the same period of the year was approximately %.
It can be seen that compared with the same period last year, the financial expenses of real estate companies increased slightly compared with the same period last year, but turned into a sharp increase, increasing by nearly 1 percentage point.
According to the mid-term reports of the above-mentioned listed real estate companies, the financial expenses of the developers were negative, while those of the developers were positive. Among them, one real estate company has financial expenses exceeding 100 million yuan, and another has more than 100 million yuan.
Judging from the performance of financial expenses spent by specific real estate companies in the first half of the year, Chinese enterprises overtook Vanke to take the top spot with an amount of up to .
It is worth noting that according to d information statistics, Oceanwide Holdings’ financial expenses in the first half of this year were . The Financial Street's financial expenses in the first half of this year were .00 billion yuan, compared with .000 billion yuan in the same period last year, a year-on-year increase of .
However, compared to the number of real estate companies that have effectively controlled financial costs, the number of real estate companies with financial costs rising year-on-year is greater.
Editor's note: While home buyers generally expect that housing prices will drop significantly for development, the opening up of capital to the market has also marked the future of real estate companies. Financing costs for real estate companies will undoubtedly increase significantly. This has also exacerbated the tension in the capital chain of real estate companies to a certain extent. With the combined force of multiple factors, it is not difficult to predict that the intensity of real estate companies exchanging price for volume will further deepen.
According to d information statistics, the total financial expenses of the above-mentioned listed real estate companies in the first half of this year were . During the same period, it was .00 billion. The year-on-year growth rate of financial expenses in the same period of the year was approximately %.
It can be seen that compared with the same period last year, the financial expenses of real estate companies increased slightly compared with the same period last year, but turned into a sharp increase, increasing by nearly 1 percentage point.
According to the mid-term reports of the above-mentioned listed real estate companies, the financial expenses of the developers were negative, while those of the developers were positive. Among them, one real estate company has financial expenses exceeding 100 million yuan, and another has more than 100 million yuan.
Judging from the performance of financial expenses spent by specific real estate companies in the first half of the year, Chinese enterprises overtook Vanke to take the top spot with an amount of up to .
It is worth noting that according to d information statistics, Oceanwide Holdings’ financial expenses in the first half of this year were . The Financial Street's financial expenses in the first half of this year were .00 billion yuan, compared with .000 billion yuan in the same period last year, a year-on-year increase of .
However, compared to the number of real estate companies that have effectively controlled financial costs, the number of real estate companies with financial costs rising year-on-year is greater.
In this regard, some people in the industry told reporters that in recent years, it has been very difficult for real estate companies to open domestic financing channels through capital markets and bank loans. Most developers use trust channels to finance, and their financing costs are basically More than % and even some real estate companies have to borrow high-interest loans from the private sector to survive. In view of this, many real estate companies have gone overseas to raise funds. However, in the context of the continuous decline in transaction volume in mainland China's real estate market and the low return on investment in the real estate market, overseas investors do not buy the accounts of real estate companies that issue low-cost financing. This has to some extent led to the real estate companies' The cost of overseas financing has even risen to more than 1%.
Obviously, high interest expenses have aggravated the financial pressure of enterprises and also tested the ability of real estate enterprises to withstand financial pressure.
Project turnover speed is under pressure
The amount of liabilities of real estate companies is directly proportional to their financial expenses. Another industry insider told reporters that most real estate companies have purchased a lot of land this year and their liabilities have increased a lot. This has obviously further increased the proportion of their interest-bearing liabilities and increased their financial cost burden.
It is worth mentioning that Song Yanqing also told a reporter from Securities Daily that in real estate development, if the project completion period is recorded as the time point, if the interest on the original development project has not been repaid by the time the project is completed, If you borrow money, the more existing houses that have not been sold, the greater the pressure will be on the company's financial cost indicators.
Looking at the inventory and transaction volume of the property market in the first half of this year, most real estate companies' sales target completion rates are not as good as expected at the beginning of the year. The lengthening of the project sales cycle and the slowdown in turnover speed have given rise to a sharp increase in the financial expenses of real estate companies.
In fact, most real estate companies have realized that financial costs are rising in the development of real estate projects. In view of this, most real estate companies are adopting a high turnover strategy to reduce interest expenses by accelerating project turnover.
Our reporter learned from multiple interviews that almost all large-scale benchmark real estate companies are vigorously developing and promoting the copy development of standardized product lines. The reason is that product line development can achieve rapid positioning, rapid design, rapid procurement, and rapid construction. , quick sales and quick cash flow balance can also increase project turnover speed and reduce financial pressure.
In addition, some powerful real estate companies are striving to build + stock listed financing platforms in order to borrow money with lower interest rates. Domestic and foreign financing costs are close