Recent

% | $
Quotes you view appear here for quick access.

Xinyuan Real Estate Co., Ltd. Message Board

  • nolic1944 nolic1944 Aug 16, 2014 11:58 AM Flag

    Debt exceeds 1 Billion

    Cash and cash equivalents, including restricted cash, increased by US$28.5 million to US$683.5 million as of June 30, 2014 from US$655.0 million as of March 31, 2014. Short and long term debt increased by US$363.6 million from US$947.2 million as of March 31, 2014 to US$1,310.8 million as of June 30, 2014.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • yes... debt increased ... but so did "property under development" which went from $868.7 mill to $1.5 bill... between 1st & 2nd Qtrs '14... w/ equity of $945.4 mill... assets reflected in the bal. sheet at book value w/ a much higher fmv... total market cap of only $357 mill... this company is just waiting to be acquired at much higher prices

 
XIN
6.320.00(0.00%)Sep 30 4:02 PMEDT