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Xinyuan Real Estate Co., Ltd. Message Board

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  • staccani staccani Aug 11, 2012 3:37 PM Flag

    Just read the transcript/How do they do that?

    shelly, I do not like personal attacks so please take this only as suggestion: if you try to reconcile net income calculated with % of completion method to cash flow by simply subtracting investments or dividends to net income, the best answer I can give you is to cover your short position and give your savings to a professional investor. For instance one element which may have contributed to a positive cash flow are advance payments from new contract sales ,which were to a record high in Q2, but this is just an example; we will know when they file their report.

 
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