China Evergrande Group Plc (SEHK:3333) - A Valuation On 16th September 2021
The second-largest Chinese real estate developer has borrowed too much and faces a severe liquidity crisis. Can they get through this and restructure the debt?
Summary
Evergrande is a large Chinese real-estate developer that has borrowed too much and is facing a severe liquidity crisis. I am going with analysts consensus for revenue growth and operating margins and am assuming that the company will find a way to stave off collapse. Even with this, the enormous debt burden is crushing the company and leaving notβ¦