Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 35 , 10 November 2023


Open Access | Article

The Dilemma and Way Out of Real Estate Groups under Covid-19

Yujia Li * 1
1 Nanchang University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 35, 151-157
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
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.
Citation Yujia Li. The Dilemma and Way Out of Real Estate Groups under Covid-19. AEMPS (2023) Vol. 35: 151-157. DOI: 10.54254/2754-1169/35/20231747.

Abstract

In retrospect, the Covid-19 hit the global economic hard. As a core industry, real estate also experienced a terrible loss. This paper is aimed to reflect the practical situation affected by the epidemic, taking two typical enterprises as examples on behalf of the whole real estate industry to provide relevant ex-perience in case that if the similar emergency happens in the future. By recit-ing some essential statistics (asset-liability ratio and EBITDA etc.) during 2019 to 2022 and analyzing the fluctuations, it is obvious that this epidemic caused a big shock to these companies. The sales amount and investment de-clined considerably, leading to a fall in companies’ gross profit and equity. Apart from that, the cash flow also suffered some influences for the delayed inflow, adding risk to the debt structure. Other factors like the shortage of materials and blocked expansion as well as land acquisition also contributed to the dilemma. The business conditions in three four years were not very promising. The companies should adopt effective measures in terms of funds management, shareholding structure, financing structure and inventory supervision.

Keywords

real estate, Covid-19, vanke, poly property

References

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3. Deng, Z.: Research on financing strategy of Vanke. Master’s thesis, The Jiangxi University of Finance and Economics (2020).

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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 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-091-2
ISBN (Online)
978-1-83558-092-9
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/35/20231747
Copyright
© 2023 The Author(s)
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

Copyright © 2023 EWA Publishing. Unless Otherwise Stated