1. The asset-liability ratio after deducting the advance payment shall not exceed 70%.
2. The net debt ratio shall not exceed 100%.
3. The short-term cash debt ratio is less than 1 times.
According to different situations, real estate development enterprises are divided into four grades: red, orange, yellow and green, and the loan standards implemented in different grades are not the same. With three sidelines, the developer's interest-bearing liabilities can no longer be increased. With two borderlines, the annual growth rate of some liabilities cannot exceed 5%. 1, the growth rate can't exceed 10%, that is to say, as long as all three meet the standards, we can only wait for the capital chain to break and go bankrupt, and we can't refinance.
The significance of the three red lines of real estate;
1 is to help real estate enterprises in the market to form a stable financial structure and arrange their own business activities and financing behavior reasonably.
2. It can correct some blind expansion behaviors of enterprises and improve their ability to resist risks. Yoshiya real estate encyclopedia, buying a house needs more knowledge.