Recently, Evergrande is almost a matter of concern to the whole people. In the past six months, Evergrande can be said to be negative, although Xu Jiayin can always pass, but now it seems that netizens are increasingly distrustful of Evergrande.
In fact, Xu Jiayin's high-stakes model does have some problems, the continuous high debt operation, so that Evergrande's ability to resist risks is too small, and now as soon as the market changes, Evergrande immediately has problems. In fact, Evergrande is not as bad as many people think now, after all, Evergrande still has a lot of valuable assets, as long as some non-core assets are sold and liquidity is turned, then Evergrande's problem can be solved. Evergrande is far from being insolvent and has no long-term losses, so Evergrande's situation is still very optimistic.
Compared with Xu Jiayin, another real estate tycoon, Yang Guoqiang, is much smarter. Yang Guoqiang and Xu Jiayin are playing with high turnover, but the difference is that Yang Guoqiang is not engaged in diversification.
At that time, Wang Shi once warned Vanke not to engage in diversification, so Vanke has not engaged in any diversification so far. In recent years, many real estate companies have gone to build cars to raise pigs, but in the end they have failed. In fact, real estate companies are not suitable for diversified development, because the real estate model is difficult to directly apply to other industries.
Yang Guoqiang should be the first person in the entire industry to propose the concept of high turnover, and the development speed of Country Garden is also amazing. Before Yang Guoqiang had a set of country garden development secrets, taking the land for 3 months to produce drawings, and then 3 months to sell, 9 months to return the cost, 12 months basically sold out. Yang Guoqiang also once said that even if he could only earn 100 yuan per square, he would have to do it.
The idea Yang Guoqiang uses is wal-Mart's way. Yang Guoqiang said that when he went to visit Walmart, he thought of using the concept of fast-moving consumer goods to do real estate.
Many people don't know that Yang Guoqiang was once a farmer who farmed in the field. Nowadays, although Yang Guoqiang is a billionaire, he still does not change his true colors and looks very simple. Yang Guoqiang now holds 186.2 billion yuan in cash, and it can be said that he is the real invisible richest man.
Country Garden is now getting closer and closer to Li Ka-shing's Changshi Group, with a lot of cash reserves and a very low debt ratio. Country Garden also recently released a figure that their net gearing ratio is 49.7%. The net asset-liability ratio of many real estate has exceeded 1, which means that many real estate companies are actually insolvent. However, Country Garden's net gearing ratio is only 49.7%, which is far below the monitoring requirements of 1.
At present, Country Garden also holds hundreds of thousands of acres of land reserves, which can allow Country Garden to develop without land for several years. In fact, Country Garden also has a big business, that is, their property company. Now that Country Garden Services has been listed in Hong Kong, as they build more and more properties, there will be more and more projects that can charge property fees in the future.
The property fee business is actually very good, the competition threshold is very high, your project is difficult for others to grab, and at the same time, it is almost drought and flood protection, it is difficult to have big fluctuations.
Yang Guoqiang's real wealth is also greatly undervalued, and recently Yang Guoqiang's daughter Yang Huiyan took advantage of the decline in Country Garden's market value and spent billions to increase her holdings in Country Garden.
Yang Guoqiang is also a very interesting person, although he is rich, but he is very contemptuous of his wealth. Yang Guoqiang has long put his wealth in the name of his daughter Yang Huiyan, which is equivalent to saying that Yang Guoqiang has already given all his family property to his son-in-law.
In addition, Yang Guoqiang's contribution to charity is also very much. Yang Guoqiang donated 1.8 billion yuan to Tsinghua University two years ago, which is the largest private donation in the history of Tsinghua University. Yang Guoqiang also actively donated money and materials during the epidemic in Wuhan and the flood in Henan.
Yang Guoqiang set up the Guoqiang Public Welfare Fund very early, and there is also a Guohua Memorial Middle School in Shunde, Guangdong Province, which has been recruiting poor students with excellent character and learning from all over the country. If you can go to study here, all the tuition and living expenses are provided by Yang Guoqiang, and even the children's travel expenses home are also provided by Yang Guoqiang. After many students went to college, Yang Guoqiang continued to fund them.
So far, the school has trained thousands of outstanding college students. Many students have long graduated and come out to work to repay the society. Yang Guoqiang has done a lot of good deeds, but many others do not know. Yang Guoqiang himself has always been very low-key, he almost never accepts media interviews, and rarely appears in the media. Yang Guoqiang is a typical Cantonese, that is, he likes to make a fortune in a muffled voice.
In fact, many people do not know that Yang Guoqiang's relationship with Lee Shau Kee, the richest man in Hong Kong, is very ironclad. When Yang Guoqiang was preparing to acquire Run Run Shaw's TVB, Lee Shau Kee borrowed 3 billion yuan to Yang Guoqiang at that time. In addition, Yang Guoqiang and Lee Shau Kee have also cooperated a lot, and they have developed projects together in Shenzhen.
Yang Guoqiang has 3 daughters, but his separation is also very interesting, all the assets are left to the second daughter Yang Huiyan, perhaps Yang Guoqiang's method is also to avoid children competing for family property.