In 2020, Evergrande Group's asset value of construction in progress amounted to 47 billion yuan. In China, real estate developers often collect a down payment from buyers before the construction starts. While it helps developers finance the land purchase and construction, it puts home buyers at risk if the real estate developer defaults before the construction conclude.
Asset types of Evergrande Group in 2020, based on value of net book amount
(in billion yuan)
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Evergrande. (May 13, 2021). Asset types of Evergrande Group in 2020, based on value of net book amount (in billion yuan) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265126/evergrande-value-of-assets/
Evergrande. "Asset types of Evergrande Group in 2020, based on value of net book amount (in billion yuan)." Chart. May 13, 2021. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265126/evergrande-value-of-assets/
Evergrande. (2021). Asset types of Evergrande Group in 2020, based on value of net book amount (in billion yuan). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265126/evergrande-value-of-assets/
Evergrande. "Asset Types of Evergrande Group in 2020, Based on Value of Net Book Amount (in Billion Yuan)." Statista, Statista Inc., 13 May 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265126/evergrande-value-of-assets/
Evergrande, Asset types of Evergrande Group in 2020, based on value of net book amount (in billion yuan) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265126/evergrande-value-of-assets/ (last visited September 20, 2024)
Asset types of Evergrande Group in 2020, based on value of net book amount (in billion yuan) [Graph], Evergrande, May 13, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265126/evergrande-value-of-assets/