Will Evergrande, which owed hundreds of billions at the end of last year, go bankrupt like HNA Group?

Practically speaking, it is not surprising that any real estate enterprise of virtual scale, regardless of its size, may have a situation similar to that of H Airlines Group in the era of "housing and not speculating" for a long time to come.

Now many of our enterprises, especially real estate enterprises, have rapidly expanded their scale through various financing channels in the past ten or twenty years, and some of them are indeed too big to fail. This situation is quite common indeed. In this enterprise, it contains what the subject said about H.

This kind of enterprise, on the surface, looks really pays photogenic, thriving and magnificent. Everything is like that. No matter what you do, you can make a great reputation at once and have a great impact on society. It's really amazing.

But realistically speaking, many of these enterprises are large, but the real enterprise core is often not strong.

Therefore, the final result is often that the bigger the enterprise, the more likely it is to fall down at this stage. Perhaps when a new policy comes out and a new requirement comes out, if the enterprise can't do it at once, it will often have a butterfly effect, and the enterprise may collapse inadvertently.

This situation, as people often say now, sees him building a tall building, seeing him entertaining guests, and seeing his building collapse.

As for the problem of H University mentioned in the main question, it is really hard to say whether this enterprise will come to this step one day.

Because, as mentioned above, the once huge H-Airlines Group has come to this step. Why is it so strange that H Airlines Group and other similar enterprises have come to this step?

Evergrande's listed companies' share prices have been declining and have been pledged; Land hoarded by Evergrande and buildings under construction have been pledged to banks; Evergrande is still running on PPT; Evergrande football, that is the golden beast;

If you want to sell assets, you should learn from Lao Wang and sell them quickly before the crisis breaks out. If Evergrande wants to sell assets, it should also sell them before the 654.38 billion+030 billion war last year. Forced debt-to-equity swaps, commercial tickets are difficult to cash, and house prices are broken. How to sell them? Under the national policy of reducing leverage and real estate regulation, the three red lines are to clean up highly leveraged developers like Evergrande. Who dares to buy them? Excuse me, which white knight dares to violate the national policy and use leverage to save Lao Xu? Even if you dare to come, the country will not let you cash in on the market.

If you want to run away, do you have to learn from Jia accountant? Lao Jia is a clever man, who only cheats investors and brothers' money and never touches the state's money, so he successfully runs away. The money of ordinary people is not four times that of the scale, and the money of the state can't beat a thousand pounds. Lao Xu took money from state-owned banks and SASAC. Even if there are some high-quality assets at the bottom of the closet, they will be turned over to the state first. If you dare to sell it privately, the government will teach you to be a man in minutes.

Under the general situation of reducing leverage and regulating real estate, banks and consortia will inevitably tighten their wallets, which is basic political common sense. Huge debts are basically unsolvable. Evergrande has only one way, bankruptcy and reorganization. Evergrande's high-quality assets must be repaid to the bank and SASAC first. For other debt treatment, please refer to HNA Group and Huaxia Happiness Model.

Stay away from pornography, PPT and Evergrande!

Evergrande has a debt of 2 trillion yuan, and its total assets add up to only 2.3 trillion yuan, including Evergrande Automobile, which inflated its market value. Unless Evergrande sells all its assets, the debt will break out sooner or later. If Evergrande has been half-dead as it is now and fails to solve the problem, it will cause even greater disaster once it thunders. Therefore, Evergrande cannot fail, but it must fail.

Then you mean Wanda, and people will be fine. Moreover, at present, it is far from it. Mortgage tightening is the current policy, and all housing enterprises are affected. Moreover, its current industry and land resources have not been sold, and bankruptcy is impossible.

No, real estate has always been famous for its big bubble, but the state-supported bubble will not be punctured. Otherwise the consequences will be very serious.

The thin camel is bigger than the horse, so Evergrande should not go bankrupt.

In fact, the debt of large enterprises is nothing new! How many companies do you say are not in debt?

Evergrande has come to this day because they think highly of themselves. In recent years, it has blossomed everywhere. As long as there is something in the world, Evergrande wants to play. They have stretched the front too long, which is also the reason why Evergrande has a hard time.

Football, finance, drinks ... What does Evergrande not invest in? The investment is too wide, how can the funds keep up? It is not true that Evergrande is in debt of 2 trillion yuan. Evergrande's total assets are only 2.3 trillion yuan. If so, I'm sure I'll take over.

Evergrande is a big enterprise, and it must owe the bank a lot of money! Banks certainly don't want Evergrande to fall. If Evergrande falls, who will pay back the money owed to the bank? Therefore, the last thing I want Evergrande to fail is the bank! Since the bank doesn't want Evergrande, you can continue to give Evergrande money! Only in this way can Evergrande repay the money owed to the bank. Therefore, Evergrande has difficulties, and all banks will go all out to help Evergrande.

It can be said that now is the most difficult time for Evergrande. As long as we get through this difficult time, Evergrande will definitely make a comeback.

Evergrande is a brand. Even if it goes bankrupt, the word "Evergrande" is very valuable! So @ Hero refuses dusk and doesn't think Evergrande will close down!

I think Evergrande will not go bankrupt.

Evergrande has great undertakings, including property management, real estate, investment and wealth management, car building and Evergrande ice spring water. I don't think HNA can compare with Evergrande. Didn't it reorganize its assets after bankruptcy? Evergrande has properties all over the country. If Evergrande goes bankrupt, who will take over? Evergrande still has so many debts that the whole country is afraid of Evergrande's bankruptcy. How many people will lose their jobs when Evergrande goes bankrupt? We should pray that Evergrande will tide over the difficulties.

I won't.

I found that there was a lot of news about Evergrande some time ago, and most of the topics revolved around Evergrande's cash flow and liabilities. In fact, there is no need to worry.

Judging from the debt reduction process of Evergrande, in addition to the strong hematopoietic capacity of the main real estate industry, the diversified strategic layout that Evergrande has formed has supported this decisive slowdown to a certain extent, paving the way for the development of enterprises after the main real estate industry reached its peak.

The confidence of the market gives the best answer. Standard Chartered Bank recently released a report pointing out that Evergrande reduced its total debt by strong contract sales, asset sales and listing of subsidiaries last year after reducing its debt level through measures such as promotion and spin-off.

They think that Evergrande is now more ideal than last September, so they maintain the view that the company is "in sync with the market".

Of course, Evergrande still has potential financial challenges, which is also an objective problem.

Standard Chartered advised Evergrande to do more deleveraging, and predicted that Evergrande's net cash flow this year would be 9 1 billion yuan, up from nearly 42 billion yuan last year, and it was optimistic about the bonds issued by its companies.

This time, the capital market gave positive feedback, and most of Evergrande's high-quality assets will be split and listed one after another. I believe this has brought more imagination to the market and investors.

On June 1 1, Evergrande Group and sinopec group held a signing ceremony for strategic cooperation, which marked the formal start of comprehensive strategic cooperation between the two fortune 500 giants.

Now I think Evergrande is absolutely stable. The two sides should give full play to their respective advantages in energy, science and technology, customer diversion and sales network, and carry out all-round strategic cooperation.

It will also focus on in-depth cooperation in the fields of lithium battery vehicle charging and replacing power station construction, lightweight materials for automobiles, high-performance building chemical new materials and mineral water.

I have to say that xu teacher's circle of friends is still very hard-core. With the help of central enterprises, I think those who are worried about Evergrande can leave.

Moreover, the energy transformation of Sinopec has progressed smoothly in recent years. Thousands of charging and replacing power stations have also transformed from traditional oil sales to "oil, gas, hydrogen and electricity" comprehensive energy service providers. Evergrande is also a diversified development route of eight major industries, a giant central enterprise and a real estate leader. The two giants have complementary advantages and strong strength. In the future, we should not underestimate new energy, technology and customer drainage.

Judging from the overall performance and industrial situation of Evergrande, it is generally stable, except that some people are brought into the rhythm, mainly because they don't understand Evergrande.

Talk about two points:

1) Evergrande has always taken the road of diversified industrial development. Since Evergrande landed on the Hong Kong stock market at the end of last year, the start-up and spin-off of its industry have been accelerating. These measures have increased its rights and interests by nearly 1000 billion Hong Kong dollars, which can be called a meal.

2) Other industries of Evergrande, such as RV Bao, Evergrande Ice Spring and Evergrande Children's World, are expected to be split and listed. This year, Evergrande Automobile Co., Ltd. raised HK$ 26 billion and HK$ 654.38+006 billion respectively through two placements. Evergrande also has strong equity financing ability, and the summer test of Evergrande Automobile Co., Ltd. has just begun. Hengchi is one step away from listing, which is called panic.

I believe that Boss Xu's unhurried "overall thinking" can lead Evergrande to continue to change lanes and overtake, and time will give the answer! what do you think?

There have been many rumors about Evergrande recently. Let me talk about the hot spots that everyone is most concerned about.

Selling a house at a discount is the routine operation of Evergrande. If you don't believe it, Baidu can "sell a house at a 30% discount". Evergrande engages in price reduction promotion for a period of time almost every year, usually involving later projects. Moreover, my intermediary friend told me that I must pay in full to enjoy the discount. If this is extended to Evergrande's financial shortage and saving lives, it is suspected of over-interpretation.

The three red lines are under great pressure, and Evergrande is busy reducing its debts, and the days are not as good as the golden age, I believe. But to say that such a big-headed housing enterprise is not working, I firmly believe it. In the 2008 financial crisis, 654.38 billion+030 billion shares were exchanged last year, and Evergrande always had a way. Facing the main task of debt reduction, I am still optimistic about Evergrande.

Therefore, Evergrande will not go bankrupt!

Activists on the road to transformation are highly savvy and have large family businesses, so it is impossible to go bankrupt. what do you think?

Actually, realistically speaking, Evergrande is facing a debt crisis and lack of liquidity, but it is unlikely to face bankruptcy and reorganization like HNA Group. Not to mention Evergrande, Suning, which is now in a more difficult situation, will not be like HNA.

Evergrande, as the leader of housing enterprises, has gained rapid momentum in recent years. Not only in the real estate field, but also in many different fields, such as football, mineral water and new energy vehicles. To tell the truth, these sideline businesses are not so good in terms of business performance. Of course, new energy vehicles have been listed by the company, with a market value of 1000 billion, even higher than Evergrande Group, but they have never been seen, which is why Evergrande is criticized for making money and occupying land by making cars by ppt.

Diversified investment costs money, especially the real estate development of Evergrande's main business. The real estate industry itself is a capital-intensive industry, which needs to invest a lot of money in the early stage. Therefore, all kinds of developers will try their best to finance, mortgage the photographed land to the bank to borrow money, mortgage the house under construction to the bank to borrow money, and make the accounts receivable into asset securitization products to finance. In short, there are all kinds of borrowing methods. Evergrande is an expert in this field, with superb borrowing skills and rapid expansion by using financial leverage. Borrowing money to expand is also one of the secrets of Xu's success. You know, there used to be a saying in China's real estate industry that a million dollars was guaranteed. Evergrande is still not a first-line housing enterprise, and it can't do so much in a short time without the credit of high debt.

However, the more money you owe, the greater the risk. Last year, the national regulatory authorities introduced many new policies to curb real estate speculation. Among them, the three financial indicators about liabilities are aimed at real estate enterprises. Undoubtedly, Evergrande has won the bid and all three red lines have won the bid, so the loan ratio with interest-bearing liabilities cannot be increased. Simply put, you can't borrow any more money. You must pay back the money quickly and reduce the debt ratio.

What does this mean? You can't repay old debts with new debts. In the previous operation, I shorted 654.38+0 billion yuan, borrowed 654.38+0 billion yuan from other financial institutions to pay it back, and did it again at the end of the following year. Now this mode of operation has been curbed.

On the other hand, Evergrande formed a syndicate to buy Shenfang before, but the acquisition failed, and the acquisition funds borrowed from all parties expired, and Evergrande was unable to pay, so magical operations such as debt-to-equity swap appeared. One reason why Suning is short of money now is that the 20 billion invested at that time became equity investment, and the money can't be recovered for the time being.

At present, Evergrande is facing the problem of tight funds and unable to pay its debts, so it sells houses at a discount everywhere and wants to buy them in full. Of course, the selected area is not a traditional hot room. In order to withdraw funds as soon as possible, Evergrande is also quite hard.

Of course, Evergrande will not encounter such a big crisis like HNA. Evergrande still has a lot of inventory (houses). Although housing is now advocated instead of speculation, and the house is not so good to sell, if it is sold cheaply, it can still raise a lot of money in the short term.

In addition, the shares of two listed companies, Evergrande Group and Evergrande Automobile, can be exchanged for a lot of money. Evergrande has not seen the actual controller like Suning transfer a large number of shares and pledge shares continuously, which shows that Boss Xu still has a successful hand.

Finally, to remind this question, HNA has not closed down, and the state government has actually taken over the handling work. HNA is bankruptcy reorganization rather than bankruptcy liquidation. Everyone should make it clear.