#恒大钱去哪了, why is it rotten? #
Evergrande Group is a well-known large-scale real estate enterprise in mainland China, covering residential, commercial, tourism, finance and other fields. In recent years, Evergrande Group has experienced problems such as debt default and project failure, which has aroused widespread concern. Where the money went and the reasons for the end of the project can be boiled down to the following:
1. Diversified investment: In the process of enterprise development, Evergrande Group has made diversified investments, involving new energy, sports, finance, etc. These investment areas require a large amount of capital investment, which may lead to a tight capital chain of the group.
2. Risk in the real estate market: Evergrande Group's main business is real estate, and the real estate market is vulnerable to macroeconomic, policy and other factors. In the case of large market fluctuations, Evergrande Group may face problems such as poor sales and slow return of funds.
3. The impact of the pre-sale system: Evergrande Group adopts the pre-sale system, allowing buyers to pay money in advance to raise funds. Although this model can help companies raise funds quickly, it can also lead to a break in the capital chain in the case of large fluctuations in the real estate market.
4. Debt problem: Evergrande Group is saddled with huge debts and has great debt pressure. In a poor market environment, it may be difficult for companies to repay debt, resulting in debt defaults and project failures.
5. Management problems: While Evergrande Group is developing rapidly, there may be management deficiencies, such as internal corruption and decision-making errors. These problems can lead to inefficient operations and even break the capital chain.
To sum up, Evergrande Group's money is mainly invested in diversified investment, real estate market, pre-sale system and other aspects. The reasons for the failure of the project may be the burden of diversified investment, real estate market risks, the impact of the pre-sale system, debt problems and management problems. Under the combined effect of these problems, Evergrande Group has defaulted on its debt and failed projects.