Present situation of forest city Country Garden in 2022

Due corporate bonds have all been paid as scheduled, and there is no default or delay in paying principal and interest, maintaining a good credit record.

In 2022, the forest city Country Garden returned about 332.48 billion yuan of equity, and the return on equity sale was 93%, reaching more than 90% for seven consecutive years. Operating income is 430.37 billion yuan, gross profit and core net profit attributable to shareholders are 32.88 billion yuan and 2.6/kloc-0.0 billion yuan respectively. The total loan balance decreased to 276,5438+03.1billion yuan, down 65,438+04.7% year-on-year. Excluding advance receipts, the asset-liability ratio decreased from 865,438+0% in mid-2020 to 69.4%. The net debt ratio further dropped to 40%, the lowest in ten years. Nearly 700,000 houses were delivered, ranking first in the industry. Due corporate bonds have all been paid as scheduled, and there is no default or delay in paying principal and interest, maintaining a good credit record.