Evergrande Group's net profit 2010-2022
In 2022, the Chinese real estate giant China Evergrande Group reported a net loss of more than 125 billion yuan. After the company had a net profit of 31.4 billion yuan in 2020, its long term debt issues and the stall of China's real estate market significantly impacted its operations. Since 21 March 2022, trading in the company's shares was suspended until further notice.