On December 8, at the awarding ceremony of the "21st (2022) Guangdong Top 20 Real Estate Credit Companies", Agile was awarded the "Second The 11th (2022) Top 20 Guangdong Real Estate Credit Enterprises", this is the 21st consecutive year that Agile has won this honor, reflecting the high recognition of several major financial institutions and markets for Agile's stable operation and comprehensive strength.
Agile was awarded the "21st (2022) Top 20 Guangdong Real Estate Credit Enterprises"
Agile ranked among the top 20 credit companies for 21 consecutive years
"Guangdong Top 20 Real Estate Credit Companies" is jointly issued by mainstream banks. It is the collective wisdom of experts from several major financial institutions and related experts and scholars, and is an authoritative credit pricing recognized by the industry.
From 2001 to this year, the evaluation of the Top 20 Guangdong Real Estate Credit Companies has been the twenty-first session.
As an authoritative, objective, and authentic professional list that has been successful for 21 years, it adheres to the "credit" as the criterion, not only the scale, but the main considerations are stable credit, standardized operations, and healthy development.
The test of history and the reflection of reality have witnessed the great waves of the industry.
It is reported that the selection criteria for the award specifically include nearly a hundred indicators in the three major categories of capital, credit, and prospects, including corporate financial status, evaluation by relevant departments, satisfaction of owners, and satisfaction of cooperative institutions. A comprehensive review of development capabilities.
The review results have become the most important reference indicators for major banks to carry out credit, credit, mortgage, innovative business, etc.
Over the past 21 years, Agile has maintained a stable credit rating, standardized operations, and healthy development since its first reelection until now.
Agile has won this honor consecutively, and it is also an objective, fair and scientific credit evaluation given to Agile by financial institutions for a long time.
The secretary-general of the review committee said that the selection adheres to the criterion of "credibility" and is empowered by data for the first time, which is an innovation of this year's "credit review" in response to the new era.
Through the correlation and mutual verification of data, combined with the experience of senior experts, comprehensively measure and compare the objectivity of data, and see the essence through data.
Focusing on getting to the bottom of the matter, eliminating the false and retaining the true, the calculated results after the design of the indicators are in line with the real situation of the enterprise and the real market. Therefore, it is more worthy of reference for relevant departments to formulate policies and as an important basis for financial institutions to conduct business.
Agile stood out in the selection of real estate companies because of its own stable operation and comprehensive strength.
Agile has won the "21st (2022) Top 20 Guangdong Real Estate Credit Enterprises" for 21 consecutive years
Abide by credit and develop steadily to achieve steady and long-term development
In fact, Agile has been adhering to a sound financial strategy for many years.
Especially in recent years, when the overall financing environment of the industry has shrunk and the capital market has fluctuated violently, Agile has been committed to the steady growth of sales scale, and at the same time, it has strengthened cash flow management and rationally arranged debt repayment plans to achieve business development and financial stability. The balance of management shows good corporate credit and solvency, which has won high recognition from the market and authoritative institutions.
It is reported that since 2022 alone, Agile has taken active actions to repay many domestic and foreign debts on schedule or even in advance, with a total amount of tens of billions of yuan, and is called a "tough guy" by the industry.
As of June 30, 2022, the total cash and bank deposits of Agile are 25.925 billion yuan.
Total loans decreased by 13.704 billion yuan compared with the end of 2021; the net debt ratio further decreased to 48.3%, a decrease of 2.5 percentage points from the end of last year; short-term loans decreased by 23.6%.
At the same time, in the first half of this year, Agile's actual borrowing rate dropped to 5.59%, and financing costs also dropped significantly.
Since the beginning of this year, Agile has further consolidated and optimized its financial margin of safety through multi-channel financing and active cash flow management, achieving remarkable results in deleveraging.
While the overall financing environment of the industry has not improved significantly and the market continues to slump, Agile has maintained sufficient cash flow and smooth financing channels, providing a strong guarantee for the company's orderly operation and rapid business development.
The "Top 20 Creditable Enterprises" are the "Dinghai Shenzhen" for the cooperation between banks and real estate companies, and the "ballast stone" for the credit economy.
At the press conference, representatives of relevant banks said that with policy adjustments and new requirements under the new situation, banks will do their best to support high-quality real estate companies on the credit list.
As a large state-owned bank, the bank hopes to work together with credit-rich enterprises to play their due roles and responsibilities in the new journey, help enterprises go through the cycle, become stable and stronger, and jointly promote the stable and healthy development of the real estate industry.