Chapter 1183: I Have Accounts in My Heart
After listening to Bai Su's report, Li Dong had a general understanding of the progress of the matter.
The preliminary preparations for the cooperation between China Resources and Yuanfang are almost complete.
In fact, according to China Resources' progress, it is naturally not so fast.
But Li Dong couldn't stand the urging again and again, this guy almost followed Huarun's buttocks and chased him down with a knife.
China Resources was also helpless and had to devote more energy to speed up the preparations for cooperation between the two parties.
The two parties expect to formally start the cooperation in January, just in time to catch the wave of shopping peaks at the end of the year.
The supermarket cooperation is progressing smoothly, the preparations for Yuanfang Airlines are smooth, the financing of Weibo is smooth, and the operation of Yuanfang Logistics Park is smooth...
Except for Wanka, because of the presence of the research team, the atmosphere seems a little dignified. The entire Yuanfang Group is currently in a healthy development period.
As for Dongyu Real Estate, the ten lands in the second round have all been won so far.
The 100 million yuan allocated by Li Dong was also spent.
Having won a large amount of land, plus some land that he had won before, Dongyu now has a piece of land alone.
The total construction area is as high as 10,000 square meters.
When Bai Su reported this point, he couldn't help but whispered: "Mr. Li, Mr. Wu said earlier that it is not appropriate to take land anymore.
The plots we currently have are somewhat overloaded.
Moreover, almost none of them have been developed, only a few distant cities such as the capital are under construction, and the rest are vacant.
Now even the land and resources bureaus in various places 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. The land has been liquidated before, and according to the current total value, it has reached about 100 million.
Debt can be as high as 100 million!
Of course, including the one you personally borrowed from the institution before, all of them will be counted into Dongyu Real Estate.
Now Dongyu's debt ratio is as high as %, which is already on the edge of the risk line..."
The general debt ratio of real estate companies is relatively high, and if it can be reached, there is a risk of collapse at any time.
Other industries in Yuanfang are fine, but Dongyu Real Estate, under Li Dong's instructions, keeps acquiring land and making losses, and the risk is getting bigger and bigger.
When it comes to losses, that's not a joke.
While Li Dong took the land, land prices in various places were still falling, and Li Dong was losing a lot of money when he took a piece of land.
The longer the time, the more you lose.
The total assets of Dongyu Real Estate are only 100 million, but the net assets are only 100 million. In fact, Li Dong lost a lot of money.
After all, after the implementation of the Yuanfang City plan, he allocated funds twice, and the total amount was as high as 100 million.
In addition, Dongyu Real Estate had an industry before, and it also allocated a lot of funds in the past. In terms of real estate projects, Yuanfang should at least invest in the above.
Even if Li Dong's previous debts for stock trading and borrowing are included in this, it is still in a state of capital preservation.
But don't forget, Li Dong also made nearly a fortune in the last plan, and he also made a lot of money when he won the land in Xicheng District.
Based on this calculation, Yuanfang has at least lost a lot in Dongyu Real Estate.
now,
Even Wu Shengnan was in a hurry.
With such a serious loss, even if the Yuanfang City project is no longer under her jurisdiction, she cannot absolve herself of the blame.
Other industries are making money, Dongyu Real Estate is losing money, and Wu Shengnan's life has become more and more difficult recently.
Bai Su said that Wu Shengnan said that it is not appropriate to take the land any more, and it was Wu Shengnan's exact words. She was really anxious.
Fortunately, Qin Hai was with her, otherwise, Wu Shengnan would have come to Li Dong long ago.
The reason Qin Hai was with her was because the logistics company was also taking land to build a storage center. As a result, the land price fell, and the logistics side was also losing money.
Although the loss was not as much as that of Dongyu Real Estate, it was not too small.
If not, Wu Shengnan might have no choice but to take the blame and resign as Dongyu's family suffered a loss.
Hearing this, Li Dong slightly raised his eyebrows and said, "You're all in debt of 100 million?"
Bai Su nodded, and added: "The logistics company's debt is also relatively high, probably close to 100 million."
These two family groups have now become the biggest burden in the distance.
The total debt is huge, and although it seems that the net assets can reach 100 million, the debt ratio of more than half still makes everyone a little nervous.
In terms of logistics, the current loss is actually not small.
The valuation is about 100 million, the debt is 100 million, and the net assets are less than 100 million, but Li Dong has invested so much money back and forth.
On the far side, although it has been facing financial problems before.
However, the debt ratio of the group has always remained below the horizontal line, and it was hovering around the peak period.
Now, there is a sudden rise, and it is impossible not to be nervous.
After hearing this, Li Dong couldn't help touching his chin, and said after a while: "Then Dongyu should stop, don't take the land for the time being, the debt is indeed a bit high."
With Dongyu and Yuanfang Logistics, the total assets are less than 100 million yuan, but the debt is as high as 100 million yuan. Li Dong doesn't want to add pressure to others.
In fact, Li Dong himself was not too worried.
Recently, the economic stimulus plan has been discussed above, and the trillion-dollar plan will be released soon, probably in the past few days.
Although these trillions are not all aimed at the real estate industry, the planned investment in low-rent housing and shanty house renovation projects on the bright side is hundreds of billions.
Coupled with post-disaster reconstruction, the planned investment of one trillion yuan is also mostly related to real estate.
With the government's trillion-dollar stimulus plan targeting the real estate industry, it is naturally not difficult to boost land prices and house prices.
And the so-called trillions, only
Just the literal data, plus various supporting projects and plans issued by the local government, the total investment is nearly 100 million!
As someone who has experienced it, Li Dong is even more aware of the real estate market in the future.
Now Dongyu is losing money, and most of the real estate companies' wealth has shrunk a lot, but within a year or so, they will be able to rise.
In the next five years or less, the increase in housing prices and land prices is calculated in terms of times.
In this case, Li Dong has nothing to worry about.
After saying this, Li Dong didn't continue, but said with a smile: "So, Yuanfang's current total assets have exceeded?"
Logistics Jiadongyu has total assets of 100 million yuan.
Yuanfang supermarket plus shopping mall, 100 million.
Yuanfang Technology also has a minimum of US dollars, and the same is true for Weibo. After calculation, these two items are about the same.
In addition to some scattered other industries, such as Yuanfang Building and Greenland Building, many things are not counted, but when added together, there are still some.
However, the debt is not low, and the debt on the surface is almost 100 million.
Coupled with the embezzled payment, the total debt is more than 100 million.
Forbes estimated Li Dong's personal net worth at 100 million, which is a relatively overestimated value of some Yuanfang technologies. Otherwise, it would be normal to give the shares of other people in Weibo.
Bai Su nodded and said: "It's about the same, but we don't have any specific information here.
After all, many things do not have a clear value before they are listed. "
Li Dong nodded and said with a faint smile: "Before talking about the group, there was a bit of bragging, but now it's not bragging.
Of course, there is no way to increase debt.
It is still within an acceptable range, at least the total debt is no more than half.
I just don't know if there will be any revenue this year. At this time, we can only look at the retail group. The revenue of other industries is not worth mentioning. "
Li Dong shook his head slightly, Yuanfang Group, many industries can only enter and exit.
The only one that is on the right track is Yuanfang Retail Group. If it does not operate a supermarket, Yuanfang will be similar to other Internet companies. It only has a market value but no revenue, and it will not even be able to enter the corporate rankings.
...
Shanghai stock market.
Just when Li Dong calculated that the total assets of Yuanfang Group had reached.
Qin Yuhan was also thinking about how much Dongyu Dessert House was worth.
After much calculation, it is not enough.
Just like this, he still owed the bank six or seven million yuan, and Qin Hai and his wife contributed nearly ten million yuan.
After careful calculation, although the dessert house has made some money in the past two years, two to three million is not bad.
Qi Fangfang, who just came to the Shanghai Stock Exchange from the capital, said helplessly while drinking a drink: "Yuhan, what's the deal, just close this small shop like you.
After working hard for several years, the money he earned was not enough for Li Dong to earn in a day.
If it were me, even if I didn’t rely on Li Dong, the tens of millions of deposits in the bank would earn interest, which would be five or six hundred thousand a year.
You toss and toss, what are you trying to figure out.
Two to three million is a huge sum of money for us poor people. Do you still care about this little money?
Going shopping and attending some cocktail parties when you have time is really not good. Going to a distant place is better than tossing around the world. "
Qin Yuhan closed the ledger, smiled lightly and said, "It's better to find something to do for yourself than to be idle.
Really relaxed down, people are decadent.
It's better to make money than to lose money. As for the reception you mentioned, it's boring, and I don't like that kind of occasion. "
Qi Fangfang muttered: "It's really a blessing that I won't enjoy it, if it were me, I would have given up a long time ago.
Besides, if you're not staying in Pingchuan, why are you running around all over the world?
Your family Li Dong is now a favorite, the super diamond king and the fifth, if it were me, I would wish to be by his side every day and hour. "
Qin Yuhan laughed and said: "If this is really the case, a man probably wouldn't like it.
Besides, he has his career.
Yuanfang has a lot of things going on recently, and he is also very busy, I can only add to his confusion when I am there..."
"Are you really stupid or fake stupid?"
Qi Fangfang hated iron but said: "At this time, he is busy with his work, and you do yours.
Even if you don't follow him, when he comes back, talk to him, get him something to eat, it's better than not being around.
As for men, with this kind of virtue, they say no to it, but in fact they wish women would cling to him..."
Qin Yuhan couldn't laugh or cry: "He is not this kind of person."
"That's because you don't understand men yet!"
Qi Fangfang shook her head, speechless.
Qin Yuhan didn't argue with her, but just smiled and said: "So, you know men very well? But I remember, someone just talked about it, and he probably doesn't even have a first love by now, right?"
Qi Fangfang said disapprovingly: "Men are just a set of data in my eyes, you can study it, there is no need to study it in depth.
The emotional novels I have read, the soap operas I have watched, and certain unlocking films in various poses are definitely better than you by a hundred times.
When it comes to understanding men, I know much better than you.
You are just a noob, what do you know, besides Li Dong, do you have any other men?
Poor Xiaobai, who doesn't understand anything and still despises me, I'm right to despise you. "
Qin Yuhan laughed again and ignored her.
Seeing this, Qi Fangfang took a sip of the juice, and said, "Yuhan, I'm serious, you can't do this now.
Is it possible that you
Are you really planning to rely on your few small broken shops to surpass Li Dong? "
"without."
Qin Yuhan shook his head, rested his chin and looked at the sky outside the window, and said after a long time: "I haven't thought about it for a long time.
He is a cloud in the sky, which can be seen close but cannot be touched.
I used to have this ridiculous idea, but now I simply find something for myself, beyond anything, it was a naive idea before. "
"Now that you know, you still..."
Qi Fangfang was speechless, just about to say more, but Qin Yuhan interrupted her and said with a smile: "Forget it, don't talk about me, what about you?
Didn't you just pass the internship period?
Why come to Shanghai to see me when you have time? "
Qi Fangfang said bitterly upon hearing this: "Don't mention it, our supervisor is an old pervert.
Thinking about licking my oil every day, I endured it many times.
A few days ago, this guy hit my old lady again, and I was so angry that I hit his bald head with the keyboard! "
"And then?" Qin Yuhan couldn't help asking.
Qi Fangfang shrugged and said, "Then I lost my job. Of course, the bald man also lost his job with me. Anyway, I am quite satisfied."
Qi Fangfang looked smug, she was also a top student of Beijing University, with excellent graduation grades.
He smashed his supervisor in the office for no reason, and the company he entered is not a small company, so of course the higher-ups will investigate.
As a result, the bald man was laid off together with her, and Qi Fangfang felt that she still made money.
Qin Yuhan couldn't help laughing and said: "With your temperament, I knew you wouldn't last long. Even if there was no such thing, I'm afraid you wouldn't be able to stay for long."
"nonsense!"
Qi Fangfang retorted: "No such thing, I can stay for at least three years... No, two years will definitely be fine!"
"It's strange to believe you!" Qin Yuhan rolled his eyes, then said with a smile: "Why don't you stay with me and do it with me?"
Qi Fangfang murmured: "I am also one of the best graduates of Peking University in the past few years. I even gave up the chance to stay in Peking University. You let me sell juice, it's too embarrassing for me."
"Whether love comes or not, I sympathize with you only when you have nowhere to go. Otherwise, I don't want you."
Qi Fangfang was dissatisfied and said: "You are too realistic, forget it, anyway, I have nowhere to go, so I will just talk to you.
Looking back, we went back to Pingchuan and met Li Dong. I tried to use you as a springboard to go to work far away.
I heard that Wang Junyu has become the president of Yuanfang Technology's business group. I'm no worse than Wang Junyu. Why don't I have a vice president? "
Qin Yuhan rolled her eyes and started dreaming again.
The two chatted and laughed for a while, and when they finished drinking the juice and got up to go out, Qi Fangfang lowered her voice and said, "Are you running around because of Li Dong or Shen Qian?"
Qin Yuhan's footsteps faltered, and after a while he smiled lightly and said, "No, I just relax."
Seeing that she didn't speak, Qi Fangfang didn't ask anymore, but she couldn't help but sigh in her heart.
My friend's personality is still a bit too rigid, if he is a little softer, how can he be in the current situation.