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據報恆大(03333.HK)「三條紅線」全不達標 落後同業整體改善態勢
阿思達克 04-13 15:26
據《彭博通訊社》整合數據所得,截至去年底止,在百大上市內房之間,有披露去年盈利的66家主要內房中,近一半達至「三條紅線」標準,較去年6月底止僅14家內房過關有所改善,在大型內房之間,僅四家「三條紅線」全不達標;當中中國恆大(03333.HK)進一步落後同業整體改善態勢,「三條紅線」亦全不達標。

「三條紅線」包括資產負債率需大於70%、淨負債率不得大於100%、短期借款不得超過現金儲備,違者禁止借入貸款。內地當局致力控制內房信貸風險,迫使發展商去槓桿、分拆非核心資產,甚至透過配股集資強化資產負債表。

彭博分析指,恆大削債大計,部分取決於其非核心業務的配股集資。早前標普確認其「B+」信貸評級,展望由「負面」調整至「穩定」。截至昨日(12日),恆大未償還債務及貸款總值1,990億元人民幣。報道稱,恆大及富力地產(02777.HK)屬槓桿情況未重大改善的兩家大型內房。

恆大總裁夏海軍上月在財報會議上表示,內地當局設定2023年中期為「三條紅線」達標的最後期限,因此還有三年過渡期,該公司正努力在明年底之前達標。

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