Chapter 1180 (1/2)

After listening to Bai Su's report, Li Dong has a general understanding of the progress of the matter.

Huarun and the distant cooperation, the preliminary preparation is almost completed.

In fact, according to the progress of Huarun, naturally it is not so fast.

But Li Dong couldn't hold on. As soon as Li Dong urged him again and again, this guy had to follow Hua Run's ass with a knife.

Huarun, however, has no choice but to invest more energy to speed up the preparation for cooperation between the two sides.

The two sides expect to officially open cooperation in December, just in time to seize this wave of shopping peak at the end of the year.

The cooperation between supermarkets is progressing smoothly, the preparation of distant aviation is smooth, the financing of microblog is smooth, and the operation of remote logistics park is smooth

In addition to wancartoon, the atmosphere is dignified because of the entry of the research group. The whole remote group is in a period of sound development at present.

And Dongyu real estate, the second round of ten pieces of land, at present also won.

Li Dong spent all of the 10 billion allocated by Li Dong.

We won 20 large-scale land plots, together with some of the land we took before. Now, Dongyu has 45 pieces of land.

And the total construction area is as high as 11 million square meters.

When Bai Su reported this, he couldn't help but say in a low voice: ”Mr. Li, in short, Wu said that it's not appropriate to take land any more.

At present, the land we own is already overloaded.

And almost all of them have not been developed, and only a few remote cities such as the capital are under construction, while others are in the state of vacancy.

At present, even the land and resources bureaus around the country are a little nervous, urging us to start construction as soon as possible.

Moreover, the debt of Dongyu real estate is getting higher and higher. 45 pieces of land have been settled before. According to the current total value, it has reached about 60 billion yuan.

Can be in debt, already as high as 40 billion!

Of course, including the 5 billion you personally borrowed from institutions, all of which are included in Dongyu real estate.

At present, the debt ratio of Dongyu is as high as 67%, which is on the edge of the risk line... ”

The general debt ratio of real estate companies is relatively high, up to 70%, there is the risk of collapse at any time.

Other industries in the distance are OK, but Dongyu real estate, under the instruction of Li Dong, keeps taking land and making losses, and the risk is getting bigger and bigger.

When it comes to losses, it's no joke.

While Li Dong took the land, the land prices were still falling. If Li Dong took a piece of land, he was losing a sum of money.

The longer the time, the more you lose.

The total assets of Dongyu real estate are only 60 billion yuan, but the net assets are only 20 billion yuan. In fact, Li Dong lost a lot of money.

After all, after the implementation of the distant city plan, he allocated funds twice, with a total amount of 20 billion yuan.

In addition, Dongyu real estate had its own industry before. In addition, it also allocated a lot of funds in the past. In terms of real estate projects, at least 25 billion yuan was invested from afar.

Even if Li Dong's 5 billion debts for stock market borrowing were included in this, it would be a capital preservation state.

Don't forget, Li Dong also made nearly 2 billion yuan in the last plan, and also made a lot of money when he took the land in Xicheng District.

Such a calculation, the distance in Dongyu real estate above the loss of at least 4 billion.

Now, even Wu Shengnan is in a hurry.

The loss is so serious, even if the remote city project is not under her jurisdiction, she is also responsible for it.

Other industries are making money, Dongyu real estate is losing blood, and Wu Shengnan has been getting worse recently.

Bai Su said that Wu Shengnan said it was not appropriate to take the land, which was also Wu Shengnan's original words. She was really worried.

Fortunately, there is a Qin hai to accompany her, otherwise, Wu Shengnan would have come to look for Li Dong.

Qin Hai accompany her, that is because the logistics company is also taking land to build storage center, as a result, the land price has fallen, and the logistics side is also losing money.

Although the loss is not as much as Dongyu real estate, it is not less.

If not, the Dongyu family lost money and Wu Shengnan would have to take the blame and resign.

Li Dong Wen Yan slightly pick eyebrow way: ”have 40 billion debt?”

Bai Su nodded, and added: ”logistics companies are also relatively high in debt, about 10 billion.”

These two sub groups have now become the biggest burden in the distance.

The total debt is 50 billion yuan. Although the net assets can reach 40 billion yuan at present, the debt ratio of more than half still makes people nervous.

Logistics, in fact, the loss is not small.

The valuation is about 30 billion yuan, the liabilities are 10 billion yuan, and the net assets are less than 20 billion yuan. But Li Dong has invested so much money before and after.

Far away from here, although we have been faced with financial problems.

However, the debt ratio of the group has always been lower than the horizontal line, and the peak period is around 30%.

Now, it's rising abruptly. You can't do it without being nervous.

After hearing this, Li Dong could not help but feel his chin. After a long time, he said, ”Dongyu, stop taking the land for the time being. The debt is really high.”The total assets of Dongyu and Yuanyuan logistics are less than 90 billion yuan, but the debt is as high as 50 billion yuan. Li Dong does not want to add pressure on others.

In fact, Li Dong himself is not too worried.

Recently, the above has been discussing the economic stimulus plan, and the 4 trillion plan will come out soon, probably in these days.

Although the 4 trillion yuan is not all targeted at the real estate industry, the planned investment in low rent housing and shanty housing renovation projects is hundreds of billions.

In addition, in terms of post disaster reconstruction, the planned investment of 1 billion yuan is mostly related to real estate.

This wave of trillions of government stimulus plans for the real estate industry, it is not difficult to pull the land price and house price.

What's more, the so-called 4 trillion yuan is just the literal data, plus various supporting projects and plans issued by the local government, with a total investment of nearly 20 trillion yuan!

Li Dong, as a former man, is more clear about the future real estate market.

Now Dongyu is losing some. Most of the real estate enterprises have lost a lot of wealth, but in less than a year and a half, it will rise.

In the next five years, the increase of house price and land price will be calculated by times.

In this case, Li Dong doesn't need to worry about anything.

After saying this, Li Dong didn't go on, but said with a smile: ”so, the total assets in the distance have exceeded 200 billion?”

The total assets of logistics and Dongyu are 90 billion.

Far away supermarket and mall, 60 billion.

Remote technology has a minimum of US $3 billion, and so does microblog, which is about 45 billion.

In addition to some scattered industries, such as distant buildings and green buildings, many things are not included. Add up, there are still 200 billion yuan.

However, the debt is not low. The debt on the surface is almost 70 billion.

Together with the misappropriation of loans, the total debt is more than 90 billion.

Forbes estimates Li Dong's personal wealth at 108 billion yuan, which is relatively overestimating the value of some remote technologies. Otherwise, excluding the shares of other people in Weibo, it would be normal to give 100 billion yuan.

Bai Su nodded his head and said, ”it's almost right, but we don't have any information here.

After all, many things have no clear value before they are listed. ”

Li Dong nodded and said with a light smile: ”there were some bragging elements about the 200 billion group before. Now it's not bragging.

Of course, there is no way to increase debt.

Within the acceptable range, at least the total debt is less than half.