Title The financial dilemma of China's Evergrande Group : why is the debt crisis getting worse? / Yi Si, Dilan Liu, Jiayi Li, Qi Liang, Yuxin Liang

Published London : SAGE Publications: SAGE Business Cases Originals, 2023

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Description 1 online resource : illustrations Series SAGE business cases SAGE business cases Summary China Evergrande Group missed a scheduled interest payment of US$83.5 million on US$2.03 billion in US dollar bonds on September 23, 2021, implying a serious material default by the leading real estate enterprise. China Evergrande Group's yearly sales once peaked at almost US$700 billion. Through ratio analysis and contextual interpretation based on China Evergrande Group's financial status, students are required to investigate the causes of the company's financial issue and evaluate the company's potential future pitfalls. At the same time, the follow-up development of Evergrande incident at the end of this paper confirms the missteps in the business strategy of China Evergrande Group Notes Description based on XML content Subject Corporations -- Finance. Real estate business -- China -- Finance -- Case studies Corporations -- Finance Real estate business -- Finance China Genre/Form Case studies Form Electronic book Author Liu, Dilin, active 2023, author Li, Jiayi, active 2023, author Liang, Qi, active 2023, author Liang, Yuxin, author ISBN 9781529622966 1529622964

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