It's first-line real estate.
Top 30
Zhuhai Fahua Industrial Co., Ltd. (hereinafter referred to as "Fahua Shares") is stirring up Zhuhai's real estate banner and is expected to hit the top 30 in China this year. In 20 18, its sales volume was only 66 vehicles. The latest semi-annual financial report has laid a good foundation for Fahua to hit the top 30 this year.
Fahua shares, like a "South China Tiger", will continue the leading momentum of Guangdong real estate developers in the country.
The performance has maintained rapid growth, and the annual sales are expected to exceed 100 billion.
On the evening of August 23, Fahua shares disclosed the semi-annual report. According to the disclosure, in the first half of this year, the operating income of Fahua Co., Ltd. increased by 50.84% year-on-year to 65.438+04.224 billion yuan, the net profit increased by 24.94% year-on-year to 65.438+06.55 billion yuan, and the net profit attributable to shareholders increased slightly by 2.84% to 65.438+03.83 billion yuan. The main indicators are generally improving.
In terms of sales, the cumulative contracted sales amount of Fahua shares in the first half of the year was 43.59 billion yuan, up 72. 18% year-on-year. By the end of the first half of the year, the area under construction was 65.438+0158,480 square meters, a year-on-year increase of 45.39%. It is worth noting that in 20 18, the sales of Fahua shares increased by 87.64%, exceeding 50 billion yuan for the first time, and the contracted sales amount was 58.2 billion yuan.
If Fahua shares maintain the growth rate in the second half of the year, the annual contracted sales amount will exceed 1000 billion. This will be a new milestone.
Liquidity can be said to be the lifeline of real estate enterprises. During the reporting period, the cash flow generated by the business activities of Fahua Co., Ltd. was 65.438+02.842 billion yuan, a substantial increase of 208.85% compared with 46.5438+58 billion yuan in the previous period. Benefiting from the substantial increase in sales and payments, the cash flow of Fahua shares improved in the first half of the year. By the end of the first half of the year, the total amount of cash and cash equivalents was 23.265 billion yuan, an increase of 7.8565438 billion yuan compared with1541400 million yuan in the same period last year.
The financing ability closely related to liquidity, Fahua stock has also been greatly improved. During the reporting period, the company's credit rating was upgraded to "AAA", which provided a solid guarantee for the company to carry out capital market financing, improve its capital structure and achieve sustainable development.
The corporate bond rating of "15 fahua 0 1" was upgraded from "AA+" to "AAA", and the ABS subject rating of the final payment of house purchase was also upgraded to "AAA", which provided strong support for the company's next financing work. During the reporting period, the company successfully launched innovative products such as win-win tickets, long-term rental apartment REITS, supply chain ABS and ultra-short financing, further expanding financing channels and revitalizing existing assets.