Hanergy's continued unpaid wages sparked heated discussions. Where was the darling of capital in the past?

The change in policy has caught Hanergy off guard. The suspension of photovoltaic subsidies means that Hanergy's core photovoltaic industry has been hit hard, and the "mobile energy industrial parks" in various places are unsustainable.

However, the profitability of Hanergy Thin Film Power Generation itself is not strong. After being hit hard, the net profit of 20 16 was HK$ 252 million, that of 20 17 was HK$ 261250,000 and that of 20 18 was HK$ 51930,000. However, the annual cash outflow was 65.438+87.3 billion yuan, including 697 million yuan in operating cash, 86.5438+200 million yuan in investment cash and 377 million yuan in financing cash.

At the end of 20 18, the total liabilities of Hanergy Group were1482.8 billion yuan, and the current liabilities were1265.9 billion yuan, accounting for 85.37%. Book cash is 3140,000 yuan, and accounts receivable are1198,800 yuan. However, because it is impossible to judge whether the accounts receivable can be repaid on schedule, the final result of the audit annual report is "qualified opinion".

In July of 20 18, it was exposed that Hanergy Group forced employees above 15 to purchase financial products. If the subscription completion rate of employees is below 50%, they may be dismissed; if it is above 50% but below 100%, their salary may be reduced. The internal hierarchy of Hanergy Group is from 1-30. The higher the number, the higher the level, and the minimum subscription is 200,000 yuan. The higher the level, the more the subscription amount.

Neither "blood transfusion" nor "throttling" can save Hanergy's decline, and Li has changed from the richest man in the past to the "first responsible person" who everyone is chasing for debt collection. Since the salary incident, a group of senior executives such as He Li have never appeared again. 1 1 After the negotiation in the evening, the crowd didn't want to disperse until midnight 1 1, standing in the courtyard of Hanergy headquarters and shouting, "Hanergy pays back the money!"