China Real Estate Enterprise Evergrande Group, which was trapped in the debt crisis, clarified a short -selling report that the conclusion of "never profitable" said that the relevant reports had no actual basis, and the data and conclusions lacked direct correlation.
Comprehensive daily economic news and Securities Times report, the short -selling agency GMT Research released a short -selling report for Evergrande on December 1 last year, saying that Evergrande Group's 2021 annual report was postponed,It clearly reflects the company's obvious exaggeration of income and profit, and it is likely to last for many years.
The report believes that Evergrande has changed the confirmation of sales revenue since 2021, so that the revenue of more than 664 billion yuan (RMB, the same below, about 124.2 billion yuan) revenue and 102 billion yuanThe net profit has reversed and contract liabilities have increased significantly, but these profits need to be confirmed again.
The report said that although there are almost no evidence, Evergrande's gross profit in the past two and a half years is only 16 billion yuan, suspecting that these profits are "never existed."
In response, Evergrande Group refuted on December 4 last year that the report had no actual basis and would further clarify the content of the report.
Evergrande Group responded again on Tuesday evening that the company's directors have reviewed the relevant reports, arguing that the report has no actual basis.The company changes the revenue confirmation method in 2021, and adopts the method that is more in line with accounting standards in the current environment to respond to the company's liquidity crisis and a lot of people's loss.
Evergrande said that the short -selling agency reported that the company's low gross profit was suspected that the profit did not exist.In fact, Evergrande's decline in profits in 2021. In addition to the decline in the price caused by industry dilemma, it is also related to the company's proportion of property with low gross profit. It is simply that the profit is not related to the lack of correlation with the low gross profit.
Evergrande said: "The report has not seen substantive evidence that the company has not been profitable, and its so -called conclusion is only the author's speculation and doubt."It is said that the company's financial statements in the past year have passed the audit of Luo Bingxian Yongdao and obtained the standard without reservation.Directors will continue to pay attention to information from all parties and take appropriate further action or measures when needed.
