On August 30th, the 20021semi-annual performance report disclosed by Evergrande showed that the revenue in the first half of the year was 6.92 billion yuan, up 53.5% year-on-year. The net profit loss of returning to the mother was 4.786 billion yuan, and the overall loss of Evergrande was 3.822 billion yuan, a year-on-year increase of 96.25%.

As for the overall loss of the company, Evergrande Automobile said that the main reason was the decrease in gross profit of health business, the company was in the investment stage of expanding new energy automobile business, and the marketing expenses and R&D investment of new energy automobile business increased.

By June 30th, Evergrande had converted cash and cash equivalents into contracts of 9.577 billion yuan, restricted cash of 2.936 billion yuan, total assets of 654.38+65 million yuan and total liabilities of 654.38+53 million yuan. In terms of loans, as of June 30, the total loan of Evergrande Automobile was 35.996 billion yuan, and the asset-liability ratio was 265.438+0.8%.

The report shows that in the first half of this year, Evergrande's new energy automobile industry revenue was 36.98 million yuan, down 30.22% year-on-year; The gross profit was 247 million yuan, down 80.4 1% year-on-year, and the gross profit rate dropped sharply from 27.99% in the same period in 2020 to only 3.57%. Mainly due to the decrease in battery sales revenue, Kanai factory was upgraded according to new battery products.

Evergrande Automobile said that the company noticed some negative reports circulating in the market, which had a certain adverse impact on the liquidity of the Group. In view of the above adverse effects on liquidity, in the matching of living space between Healthy Valley and new energy vehicles, the company delayed the payment to suppliers and projects, which led to the suspension of some related projects. At present, with the coordinated support of the government, the company is actively striving for the project to resume work. However, if the project fails to resume work, there may be risks of impairment and liquidity impact.

Evergrande mentioned that the mass production of Hengchi sedan developed by the company is entering the final sprint stage. If there is a lack of further capital investment in the short term, the mass production schedule of new energy vehicles may need to be postponed.

In addition, Evergrande said that the company will continue to actively contact potential investors to discuss the sale of assets, and at the same time further increase the sales of projects, and at the same time take measures to alleviate the current liquidity problem.