The target of selling this year is 600 billion yuan. It is worth 550 million yuan to reach the standard

The target of selling this year is 600 billion yuan. It is worth 550 million yuan to reach the standard.

Major domestic enterprises have disclosed their sales results for the whole year. Although the mainland property market has cooled down since the middle and late last year, most large Chinese property stocks can still complete the sales targets set at the beginning of the year. China Evergrande (03333) announced that last year’s sales amounted to approximately 551.34 billion yuan (RMB. The same below), an increase of 10.1% year-on-year, and completed the annual sales target of 550 billion yuan, but did not reproduce the grand past that has exceeded the standard. The company’s sales target this year is 600 billion yuan, an increase of 8.8% over last year’s sales. As of the end of last year, Evergrande’s cash balance was 2012.4 billion yuan.

Country Garden fell from the leading to the third

Vanke (02202) recently disclosed that the sales amount reached 606.95 billion yuan last year, regaining the leading position in domestic sales, and became the first domestic house in China’s history to exceed the sales amount of 600 billion yuan; Country Garden (02007) sold for 501.88 billion yuan last year. The amount was reduced from the 2017 interior to the third in the industry last year. Evergrande won the Vanke in 2016 and became the industry leader. After retiring to the third place in 2017, Evergrande once again became the second in the industry in 2018.

In October 2016, Evergrande announced the backdoor A-share Shenfang (000029.SZ), which split the main business “Hengda Real Estate” back to the A-share market, but no significant progress has been made so far, when the company expects 2016 and 2017 In 2018, the sales amount can reach 450 billion, 500 billion, and 550 billion yuan respectively. Evergrande used to publish the sales figures for the previous year in January each year, and proposed the sales target for the year. It is different from the practice of publishing the full-year target when most of the domestic houses held a performance conference in March.

Evergrande Vice President and President Xia Haijun said in August last year that due to changes in the market environment, Evergrande focused on quality growth. After the sales amount reached 500 billion yuan in 2017, it hopes to maintain 15% annual sales growth in the future.

China Overseas is over-sold by 30%

There was no change in the fourth and fifth positions in the sales of interiors. Sunac China (01918) announced that the sales amount last year was 464.95 billion yuan. China Overseas (00688) announced yesterday that last year’s sales amounted to HK$301.24 billion, an increase of 29.8% year-on-year, exceeding the target of annual sales of HK$290 billion. China Overseas said that it had recorded a sales of approximately HK$36.803 billion in the shopping industry at the end of last year and it is expected to be converted into contracted property sales in the next few months. At the same time, the company acquired 10 plots of land in Dalian, Wuhan, Yantai, Qingdao, Chengdu, Changchun, Suzhou, Shanghai and Hong Kong in December last year, with a total floor area of ​​approximately 1,180,800 square meters, and a land transfer fee of approximately 15.453 billion yuan. Yuan Renminbi, of which 3 plots will develop in a cooperative mode.

In addition, Greentown China (03900) sold a total of 156.4 billion yuan last year, up 6.9% year-on-year. It only completed 97.8% of the annual sales target of 160 billion yuan, and was chased after Shimao Real Estate (00813) with a sales volume of 176.15 billion yuan last year. .