What does Evergrande Commercial Ticket mean?

The so-called commercial paper of Evergrande is actually a credit paper issued by Evergrande that promises to pay the corresponding amount to suppliers or partners at a certain time in the future, or a paper issued by Evergrande to obtain financing. Simply put, the commercial bill of Evergrande is a commercial credit bill with Evergrande as the acceptor.

Of course, some people may have such questions about Evergrande's commercial draft: Is Evergrande's acceptance draft reliable? Evergrande's acceptance is unreliable. In fact, the most important thing is to see whether Evergrande has the ability to pay, and whether the corporate acceptor has the ability to pay can be analyzed from its development trend and operating conditions, as follows:

20 19- 12, the contracted sales amount of Evergrande was about 20.52 billion yuan, up 27.22% year-on-year, ranking third in the country.

It is worth mentioning that, as a leading real estate enterprise in total assets, operating income, profit, land reserve and other core indicators, China Evergrande has not relaxed its land acquisition plan, falling out of the top ten in terms of land acquisition amount for two consecutive years.

Compared with the large-scale land acquisition of 20 16 and 20 17, its land acquisition of 20 19 only maintained a moderate growth, rising from 38.2 billion yuan of 20 18 to 43.7 billion yuan, and its ranking rose from 2 1 to/kloc-0.

In 2020, Evergrande Real Estate Group invested a total of 3.5 billion yuan through * * * Qingcheng Meitou Buyang Investment Partnership. Generally speaking, Evergrande real estate enterprises are developing well. Although the payment of commercial tickets of Evergrande has been delayed since 2020, Evergrande has completed the corresponding payment in a very short time.