房企2020:4300亿偿债高峰崛起

发布时间:2020年01月02日 00:39:48  作者:sarkscribe.com

[摘要] 2020?2022年,房地产境内债到期量分别为4316亿元、6212亿元和3764亿元。2020年下半年开始进入偿债高峰期,连续6个季度到期量超过1200亿元。

房企2020:4300亿偿债高峰崛起

时代周报记者 杨静 发自杭州

ZHAIWUWEIYUEDEFANGQIYOUDUOLEYIJIA。

JINRI,SHANGHAIQINGSUANSUOGONGGAOCHENG,JIEZHI12YUE24RI,SHANGWEISHOUDAOANHUISHENGWAIJINGJIANSHE(JITUAN)YOUXIANGONGSI2018NIANDUDISANQIZHONGQIPIAOJUDEFUXIZIJIN。DUICI,ANHUISHENGWAIJINGJIANSHE(JITUAN)YOUXIANGONGSIFANGMIANGONGGAOCHENG,SHICHUGONGSILIUDONGXINGJINZHANG,ZHENGZAIJIJICHOUCUOCHANGZHAIZIJIN。

JUSHIDAIZHOUBAOJIZHEBUWANQUANTONGJI,2019NIANYILAI,YIJINGYOU15ZHIFANGDICHANXINGYEZHAIQUANCHUXIANWEIYUE。FAXINGZHUTIJUNWEIZHONGXIAOXINGFANGQI,BAOKUOYIHEDICHAN、GUOGOUTOUZI、HUAYEZIBENDENG。

DANGZHONG,DIYIJIAXUANBUZHAIWUWEIYUEDESHANGSHIFANGQI—XINCHANGJITUAN(00404.HK),YU2019NIAN12YUE31RI9SHI,ZAIXIANGGANGZIBENSHICHANGBEIZHAIPAI。

SHIYU2015NIANDEFANGQIFAZHAICHUANGKOUQI,SHOUYIYUDANGSHIFAXINGZHUTIKUORONGHESHENPIJIZHIDEGAIGE,FANGDICHANGONGSIZHAIGUIMOCENGYIDUYINGLAIJINGPEN,QIZHONGDABUFENGONGSIZHAINIANXIANSHI“3+2”HUO“2+2”。

CHANGZHAIGAOFENGQIYIJINGDAOLAI。

ANZHAOHUATAIZHENGQUAN(601688,GUBA)DETONGJI,2019NIANFANGDICHANJINGNEIZHAIDAOQILIANGWEI4240YIYUAN,YUEJUNDAOQILIANGWEI357YIYUAN,TONGBIDAFUTISHENG100%。2020?2022NIAN,FANGDICHANJINGNEIZHAIDAOQILIANGFENBIEWEI4316YIYUAN、6212YIYUANHE3764YIYUAN。2020NIANXIABANNIANKAISHIJINRUCHANGZHAIGAOFENGQI,LIANXU6GEJIDUDAOQILIANGCHAOGUO1200YIYUAN。

TONGYANG,FANGQIHAIWAIZHAIDAOQIGUIMOYEZAIZOUGAO。WindSHUJUXIANSHI,2019NIANZHI2021NIAN,FENBIEWEI237.57YIMEIYUAN、297.86YIMEIYUANHE316.38YIMEIYUAN。

12YUE30RI,ZAIGUOJIDICHANZIGUANGONGSIXIEZONGCELVEGUANLIJITUANLIANHECHUANGSHIRENHUANGLICHONGKANLAI,“DUIYUDANGXIADEFANGDICHANQIYELAISHUO,BUZUOHAOYINGDUI,YIDINGHUICHUXIANLIUDONGXINGDEKUNNAN”。

债务滚雪球

SHISHISHANG,FANGQIDEYOUXIFUZHAIYIJINGJINRUGAOWEI,YOUXIFUZHAIBEIRENWEISHIHENGLIANGFANGQIZHENSHIFUZHAISHUIPINGDEZHONGYAOZHIBIAO。

GUONEIDIAOYANJIGOUGENJUSHANGSHIFANGQI2019NIANBANNIANBAOSHUJUHUIZONGTONGJIFAXIAN,80JIASHANGSHIFANGQIDEYOUXIFUZHAIZONGGUIMOWEI6.61WANYIYUAN,JIAO2018NIANNIANMOSHANGZHANG10.45%。

DANGZHONG,YOUXIFUZHAICHAOGUOQIANYIYUANFANGQIYIJINGDADAO20JIA。

JIEZHI2019NIAN11YUEKEERRUIQUANKOUJINGXIAOSHOUCHAOGUOQIANYIYUANDE27JIAFANGQIZHONG,15JIAYOUXIFUZHAICHAOGUOQIANYIYUAN。JUBUWANQUANTONGJI,TICHUTIQIANDUIFUHEHUISHOUYINSU,MUQIANYOU14JIAFANGQI2020NIANDEDAOQIZHAIWUGUIMOCHAOGUO100YIYUAN。

QIZHONG,WANKEWEIZUIGAODA600DUOYIYUAN,QIAN20QIANGFANGQIZHONG,HAIBAOKUOLELVDI、LVCHENG、LONGHU、XINCHENG、RONGCHUANGHESHIMAO6JIAFANGQI。CIWAI,XIANGYAJULE、FANHAI、LONGGUANGHEXINHUZHONGBAO(600208,GUBA)4JIAFANGQI2020NIANDEDAOQIZHAIWUYEPOBAIYIYUAN。

GAOFUZHAIBEIYENEIRENWEISHISHUANGRENJIANSHIDECUNZAI。

ZAISHIDAIZHOUBAOJIZHECAIFANGZHONG,DUOWEIFANGQIYENEIRENSHIDUISHIDAIZHOUBAOJIZHEBIAOSHI,WEILAIJIXUTONGGUOYIWANGYIYANGDEGAOZHAIWUGANGGANLAIQIAODONGGUIMOFAZHAN,YIBUKECHIXU。

“FANGQIBIXUYAOZHUANXIANGJIJILIYONGJINGYINGGANGGAN,TONGGUOZISHENYUNYINGNENGLIHEPINPAIYIJIANENGLIDAILAIJINGZHENGLI。”JINRI,MOUQIANSHIQIANGFANGQIQUYUZONGCAIDUISHIDAIZHOUBAOJIZHEBIAOSHI。

GUANGDAZHENGQUANJINQIFABUDEYIFENYANJIUBAOGAOYEZAIFACHUTIXING,DICHANQIYEYIGUOGUIMOWEIWANGDESHIDAI,MAIRUXIANJINLIUWEIWANG、JIASUXIAOSHOUHUIKUANDESHIDAI。

融资端压力

DUIFANGQIRONGZILINDONGYIZHIDEGANSHOU,YIJINGBUZHIYICIZAIYENEIFAJIAO。

2019NIAN8YUEDIDEYEJIFABUHUISHANG,RONGCHUANGZHONGGUODONGSHIZHANGSUNHONGBINJICHULE“SHIWUQIANLI”YICILAIXINGRONGDANGXIADERONGZIHUANJING。

12YUEZHONGXUN,BINJIANGJITUANDONGSHIZHANGQIJINXINGXIANGSHIDAIZHOUBAOJIZHEBIAOSHI:“DUIYUFANGQILAISHUOJINNIANWEIBISHIZUINANDERIZI,RUGUOBUZHUANHUANSILU,WEILAIKENENGHUIGENGJIANANGUO。”

ZAITAMENDELIJIELI,FANGQIRONGZIYIJINGQUYANQIEGENGJIAGUIFAN。QIYEZHAIQUANRONGZI、YINXINGRONGZI,YIJIXIANGDUILAISHUOCHENGBENGENGGAODEFANGQIFEIBIAORONGZIQUDAO,ZHENGZAISUOJIN。

YIFEIBIAORONGZIZHONGDEXINTUOWEILI,JIEZHI2019NIANSANJIDUMO,QUANGUO68JIAXINTUOGONGSITOUXIANGFANGDICHANDEXINTUOZIJINYUE2.78WANYIYUAN,JIAOERJIDUJIANSHAO1480.67YIYUAN,HUANBIXIAJIANG5.05%。FANGDICHANXINTUO4NIANLAISHOUXIANZENGSUFUZENGZHANG。

JIANGUANDUIRONGZIDUANDEYANKONGDONGZUOZAI5YUEKAISHIYIJINGYOUZHENGZHAO。

DANGYUE,YINBAOJIANXIAFADE《ZHONGGUOYINBAOJIANHUIGUANYUKAIZHAN“GONGGUZHILUANXIANGCHENGGUOCUJINHEGUIJIANSHE”GONGZUODETONGZHI》(YINBAOJIANFA〔2019〕23HAO)YIJINGDUIXINTUO、DUIFANGQIDEQIANDUANRONGZIYIJIYINXINGYEDUIYUFANGDICHANXINGYEHONGGUANZHENGCEDEZHIXINGZUOCHUGUIDING。

TIANFENGZHENGQUAN12YUEFABUDEBAOGAOKANLAI,CONGYANGXINGDEYIXILIEBIAOTAILAIKAN,JIANDANFANGSONGFANGQIDERONGZIXIANRANMIANLINJIAODUODEYUESHU。YUANYINYISHI《ZHONGGUOJINRONGWENDINGBAOGAO(2019)》ZHICHUWOGUODEZHONGGUOZHUHUBUMENZHAIWUFUDANYIJINGYOU 2018 NIANDIYUGUOJIPINGJUNSHUIPINGSHANGSHENGWEIYUGUOJIPINGJUNSHUIPINGXIANGDANG,QIEBUFENDIQUZHUHUBUMENHEYIXIEDISHOURUJIATINGZHAIWUFENGXIANJIAOWEITUCHU;LINGYIFANGMIAN,FANGDICHANSHICHANGFENGXIANKENENGZAIMOUXIEQUYUXIANXIAN,BINGKENENGCHUANDAOZHIJINRONGJIGOU。

“SUOYIWEILAIZHENGCEZOUXIANGYUJIJINJINSHIWEIDIAO。”BAOGAOCHENG。