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[Xinhua Net] Evergrande Released 2015 Annual Results Several Indicators were Leading the Industry The Total Assets of RMB 757 Billion was Ranked First in the Industry

 Date:2016.03.31   Publisher:Xinhua Net

On March 29, Evergrande Real Estate (HK.3333) held the press conference for releasing 2015 annual results in Hong Kong. Its performance data show that several indicators of Evergrande grew rapidly and the total assets, net profit, cash balance and other data were leading industry.

According to the annual report, by the end of 2015, the total assets of Evergrande reached RMB 757.04 billion, an increase of 59.6% over the previous year, which consolidated its position as a real estate enterprise with the largest scale in China, a sharp increase of 1099.7% over the year 2009 when Evergrande was listed.

While the asset size grew rapidly, the cash flow and other financial indicators maintained a steady trend. By the end of 2015, the cash balance of the Company reached RMB 164.02 billion, ranked first in the industry, a sharp increase of 175.7% over the year 2014.

The data show that last year Evergrande realized a business volume of RMB 133.13 billion, an increase of 19.5% over the previous year, with a net profit of RMB 17.34 billion. In the meantime, the contracted sales volume, contracted sales area and other indicators hit record highs. Among others, the sales volume was RMB 201.34 billion, an increase of 53.1% over the previous year; and the sales area was 25.512 million square meters, an increase of 40.2% over the previous year.

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