Metropolis: Paying Off The Debt of Dad At The Start

Chapter 110

“17.1+15.3+27.2+…” In the office of the board of directors, Lin Feng held a calculator and kept calculating.

He was not counting anything else, but about the cash he probably got after all the old projects of the group were gone.

After calculating for a long time, Lin Feng finally got a number.

886.3 billion.

In other words, with the current group assets of 924.1 billion, if all the projects are cleared, a total of 896.3 billion in cash can be obtained.

This is equivalent to a total loss of 37.8 billion!

In general, this result is not bad, and the loss of 37.8 billion is actually not much.

You know, for those loss-making projects, Lin Feng is dumped to Chaoyang Construction Group at a discounted cost, which is equivalent to a direct loss of 35%.

The total cost value of this batch of loss-making projects is 312.7 billion.

According to the discount sale, Lin Feng directly lost 109.4 billion yuan.

The remaining 611.7 billion can earn a total of 71.6 billion in profits, which is equivalent to an average profit rate of about 11.7%.

It can be seen that most of the assets of Haoyuan Group are still no problem. If it were not for Lin Feng to package and sell the garbage and unfinished projects at a cost of 100 million yuan, then at least 50 to 60 billion profits would be added. .

Because of these loss-making projects, it will generally not lose to this price. After all, Haoyuan Group is a trillion-dollar real estate group, and its management is not Sabi, all of which are elites in the real estate industry and have losses. There is definitely a project of, no one can guarantee that they will not win the eye, but they will never lose money to the point.

What kind of concept is discounted? There are definitely major flaws. If such major flaws are reported to the group headquarters, they will definitely not be given, and 100% will be passed directly.

Therefore, there are loss-making projects, but generally the maximum is 80% to 90%, and most of them are more than 90%, which is equivalent to only a few percent of the loss.

If you calculate this way, after all the projects are completed, not only will you not lose money, but you will also make about 20 to 30 billion yuan.

However, Lin Feng has no time and money to waste on these garbage and unfinished projects. He would rather throw all the discounts away than he would like to do these projects.

These unfinished garbage projects were carefully selected by him, and they suffered losses, slow payment, and long construction period.

Instead of taking over these unfinished projects, it’s better to just start a new project. If you can do it as soon as possible, it is not beautiful to get a lot of cash to invest in new projects and make a lot of money.

To do real estate, one must have the determination to break his wrist.

Let’s take a look at Lao Wang. He was in trouble that year. A dozen cultural tourism cities plus nearly 70 five-star hotels were all packaged and dumped out. The average price was only about 1,300 yuan per square meter. You must know this. It is a large and medium-sized city. This can no longer be described by the price of jumping off the property. This is completely the price of cabbage.

And you still lend money to others to let others buy his project, that is, you don’t have the money to buy it, you can’t get so much cash, you can, I borrow money to let you buy my project, you give me an IOU every year Just pay me back.

Take a look, what is a broken arm of a strong man, this is called a broken arm of a strong man.

In the real estate industry, if you are undecided and don’t be cruel to yourself, can you do it?

If you should be resolute, then be resolute. If you should be cruel to yourself, you have to be cruel to yourself, hesitate, and you will be dragged to death sooner or later.

Therefore, as a qualified real estate developer, Lin Feng naturally has to be very decisive. As long as it is a garbage and unfinished project, even if it is a discount, it must be discarded.

Looking at the numbers recorded on the ledger, Lin Feng thought about it.

If this is the case, all the group’s old projects have been cleaned up, with a total return of 886.3 billion yuan and a debt of 104.5 billion, which means that he must earn 118.2 billion to offset the debt and completely reverse the situation of insolvency, which is equivalent to The debt ratio is exactly 100%.

This has to be done by the creditor institutions. If they don’t continue to calculate interest in the future, the debt has always been so much, without changing.

If the interest is still considered, it is even more terrifying, because the financing cost of the real estate industry is generally at least 10% or more, which means that you have to earn at least 100 billion a year to return to others to just enough interest.

If you count interest, don’t play at all. Then tm is still playing a chicken feather. You have to earn at least 100 billion yuan a year to be enough for interest. In addition, you have to pay back the principal. You have to go to the year of the monkey and file for bankruptcy directly. Bar.

Lin Feng didn’t intend to repay the interest. If the interest is calculated year after year, and then the principal must be paid back, then it’s still a shame, then go bankrupt, so these things will take the opportunity to talk to the creditors when they get it. Negotiate a good wave and solve it completely.

If you don’t count interest, it’s simple, isn’t it 118.3 billion!

As long as Lin Feng can quickly withdraw a total of four to five hundred billion funds, and at his discretion, he can play at least four to five times the leverage of high turnover, so that he can leverage nearly two trillion funds in projects.

At that time, even if a project has a profit rate of 10%, he can make a profit of 200 billion yuan after a cycle is completed, and the cycle will be about one year.

It can be said that the situation has been reversed in one year, from insolvency to a real estate company with a debt ratio of only 90%. After a year of work, it drops to 60%, and 70% is completely easy.

And Lin Feng has a god-level investment system, and a project’s profit rate is only 10%. God knows what level he will reduce the debt ratio by then.

Now is the best time to negotiate with the creditors. You can take advantage of this opportunity to squeeze the creditors into a wave and strive for a lot of favorable terms for yourself. After this village, there will be no such shop, because the creditors saw that the company was resurrected. , They naturally returned to normal immediately and became uncles again.

Lin Feng counts these things, that is, to make adequate preparations for his next negotiation with his creditors.

Although he has a general condition in his mind, in order to persuade (squeeze the price) creditors, he still has to come up with actual data in a timely manner to fight for reasons.

This is a unique opportunity, a once-in-a-lifetime opportunity. After passing this village, there will be no such shop again, because the company cannot go bankrupt for the second time, and the creditors cannot be so passive again.

In order to give himself more long-term benefits, Lin Feng also formulated some additional clauses, which are pits dug for creditors.

Anyway, Lin Feng knew that Haoyuan Group would definitely be able to save life, but the creditors didn’t think so. They felt that Lin Feng was able to pay back most of the principal, it was already thank goodness, and they didn’t want to climb high.

This kind of information is not equal, and naturally it can be used to dig a few big holes for the creditor.

ps: I’m a little uncomfortable. I’m late. Let’s fight for four changes today. .