Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 46 , 01 December 2023
Open
Access | Article
Impact of COVID-19 on China's A-share Real Estate Market
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Abstract
With the outbreak of the 2019 epidemic, many industries have been affected to a greater or lesser extent. The real estate market is huge and involves many industries, so it is particularly important to analyze how it will be affected by the epidemic This study analyses the profitability and financial position of three large real estate companies, Vanke A, Jindi Group and China Merchants Shekou, by using a case-based analysis of their revenue and profit growth rates, return on net assets, gross sales margin, net profit margin and debt servicing capacity. companies. Based on the comparison of the three red lines and the impact of the epidemic on the development of the three companies before and after the epidemic, corresponding recommendations and decisions are given. This paper will help to analyze and predict how the property market will fluctuate in the aftermath of the epidemic and what measures should be taken in aftermath.
Keywords
COVID-19, three red lines, Jindi group, Vanke A, China merchants shekou
References
1. Fang, X.: Study on the Development Status and Impact of the Real Estate Market under the Normalization of the Epidemic. Real Estate World, 4, 6-8 (2022).
2. Ma, H.: Study on the Impact of the COVID-19 Pneumonia Epidemic on the Real Estate Industry and Countermeasures. Journal of Hubei College of Economics (Humanities and Social Sciences Edition), 6, 23-24 (2020).
3. Huang, C., Liu, D., Wu, Y., Xue, R.: Suggestions on the Impact of the Epidemic on the Real Estate Market and Countermeasures. Shanghai Real Estate, 3, 2-6 (2020).
4. Qie, J., Wang, C.: China's Real Estate Market in the Post-Epidemic Era. Engineering Construction and Design, 12, 4-6 (2020).
5. Wang, Z.: Analysis of Profitability of Jindi Group. Cooperative Economy and Technology, 22, 114-116 (2021).
6. Zeng, D.: Jindi Group Will Have Revenue of 120.2 Billion Yuan by 2022 and Will Steadily Adjust Its Development Model This Year. China Real Estate News, 007 (2023).
7. Yang, P.: Analysis of Corporate Operating Capability: Vanke Group as an Example. Investment and Entrepreneurship, 3, 146-148 (2023).
8. Editor G.: China Merchants Shekou: Who Abandoned You?. Stock Market Dynamics Analysis, 21, 6-8 (2020).
9. Qi, D., Cheng, X.: Comparative Analysis of National Real Estate Related Policies in the Context of Two Rounds of Epidemics. Shanghai Real Estate, 8, 7-9 (2022).
10. Cui, J.: The Current Epidemic in the Context of Real Estate Market Research and Real Estate Companies to Respond. Shanghai Real Estate, 5, 2-7 (2022).
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-139-1
- ISBN (Online)
- 978-1-83558-140-7
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/46/20230318
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited