Longhu Group has maintained the "three red lines" green file for six consecutive years, and a series of indicators have maintained a high level in the industry. Among them, the short-term cash debt ratio is 4.07, and the average accounting period is 6.28 years. Short-term debt due within one year accounts for about 10. 1%, and the average financing cost is further reduced to 3.99%. The only companies with financing costs below 4% are China Shipping, Jinmao, China Resources and Longhu.
Real estate industry to achieve cash flow security;
In the real estate development business, Chen proposed to pay attention to operating cash flow and ensure the payment rate. According to him, through a set of scientific tools, the average payback period of operating cash flow of the first project in Longhu this year is about 12- 18 months, and the fastest project only takes 6-8 months.
In terms of sales repayment, due to the relatively loose mortgage repayment in the current market and the high quality of Longhu customers, some customers can realize mortgage loans in the current month, further improving the security of Longhu's cash flow.