Someone else's company is here again! This real estate company has an 18-day holiday for the Spring Festival. Do you admire it?

　　Sino-Singapore Jingwei, January 10th (Xue Yufei intern Li Junhao) The Spring Festival holiday in 2023 is approaching, and some companies have begun to announce holiday arrangements and delivery benefits. At this time, there is no harm without comparison. There are always "other companies" Let a person envy.

　　Recently, Zhejiang real estate enterprise Binjiang Group announced the holiday arrangements for the Spring Festival in 2023. The Spring Festival will have an 18-day holiday, which made many people cast envious eyes.

In previous years, the Spring Festival holiday of Binjiang Group was also longer, and the employees were given travel allowances ranging from tens of thousands of yuan.

Overall, the situation in the real estate industry is going down, and many real estate companies have discounted the benefits of the Spring Festival holiday. However, there are still some companies that have more than 10 days of holidays.

"Other people's company" is here again

　　In response to the announcement of Binjiang Group’s Spring Festival holiday arrangement circulated on the Internet, on the morning of January 10, relevant personnel of Binjiang Group confirmed the authenticity to Sino-Singapore Jingwei.

Binjiang Group stated in the notice that the past 2022 was a difficult year for the real estate industry, but the company ushered in a new height of corporate development at a steady pace, and its sales ranked 13th among real estate companies in the country, which is the first in history. Best score.

　　The notice stated that Binjiang Group decided to have a holiday from January 19, 2023 (the twenty-eighth of the twelfth lunar month) to February 5 (the fifteenth of the first lunar month), a total of 18 days.

We will officially go to work on February 6, 2023 (Monday).

　　You should know that the country's statutory Spring Festival holiday is only 7 days. According to this year's arrangement, there will be 2 days of rest after the festival. In this comparison, the employees of Binjiang Group can enjoy the long-lost Spring Festival.

In the past few years, this real estate company headquartered in Hangzhou, Zhejiang, has given employees sufficient Spring Festival holidays every year, and also issued travel allowances or consumption coupons of varying amounts, which has been called "other people's company" by netizens.

　　For example, in 2022, the Spring Festival holiday of Binjiang Group will last up to 16 days. At the same time, as a special event arrangement for the 30th anniversary of the establishment of Binjiang Group, all employees will enjoy 7 days of "special paid holiday for company development contribution". Set up coupon benefits ranging from 30,000 to 50,000 yuan; in the Spring Festival of 2021, Binjiang Group’s Spring Festival holiday will reach 20 days, and issue coupons ranging from 10,000 to 40,000 yuan; in the Spring Festival of 2020, the company’s Spring Festival holiday will be 19 days, the rank allowance ranges from 20,000 to 50,000 yuan.

The above-mentioned person from Binjiang Group said that in terms of sales, the Spring Festival is the traditional off-season for real estate, and in terms of engineering construction, workers basically don’t come back to work until after the Lantern Festival. Therefore, the company’s Spring Festival holiday has always been longer. It’s been hard work for a year, so let’s take more rest.”

In 2022, the profitability of land acquisition of 40 billion yuan will decline

　　The reason why Binjiang Group gives employees such a long Spring Festival holiday every year, and also provides tens of thousands of yuan in allowances, is that the company's performance has continued to explode in recent years, and it has become a "long-distance running dark horse" in the real estate industry.

　　In 2022, various data of China's real estate market will basically show a downward trend, and the sales performance of real estate companies will continue to be under pressure.

According to the data from the Middle Finger Research Institute, Binjiang Group will achieve sales of 153.93 billion yuan in 2022, ranking 13th among Chinese real estate companies, and fulfilling the annual sales target of 150 billion to 160 billion yuan.

Although this sales scale has declined compared with the sales of 169.1 billion yuan in 2021, the decline is relatively small.

As a local enterprise in Zhejiang, Binjiang Group has always been heavily invested in the province, especially in Hangzhou.

According to data from the Middle Finger Research Institute, in 2022, Binjiang Group will achieve sales of 145.89 billion yuan in Zhejiang Province, surpassing the 126 billion yuan of another Zhejiang real estate company, Greentown China, and ranking first in the industry.

　　Land storage is related to the future of real estate companies. In 2022, when real estate companies are generally cautious in acquiring land, Binjiang Group has become an active group among private real estate companies.

During the same period, the amount of land acquired by Longfor and Vanke They are 25.6 billion yuan and 24.1 billion yuan respectively; according to the statistics of newly added value of equity, Binjiang Group will add 60.8 billion yuan in 2022, ranking 12th among Chinese real estate companies.

　　According to the third quarterly report of Binjiang Group in 2022, in the first three quarters of 2022, the company achieved revenue of 19.868 billion yuan, a year-on-year decrease of 18.69%; realized non-net profit of 2.023 billion yuan, a year-on-year increase of 53.70%; net cash flow from operating activities The amount was 3.025 billion yuan, a year-on-year increase of 504.01%.

According to the calculations of Industrial Securities, as of the end of the third quarter of 2022, the company's asset-liability ratio after deducting advance receipts is 67.62%, the net debt ratio is 60.78%, the short-term cash debt ratio is 1.50 times, and the three red lines meet the standard.

But profitability has declined.

According to a recent research report by Everbright Securities, from the perspective of profit margins, due to the high cost of land acquisition in the industry in the early stage, the gross profit margin of Binjiang Group’s real estate sales business will continue to decline in 2020, reaching 24.02% in 2021, and continue to bottom out in 2022.

Affected directly by the decline in the gross profit rate of real estate sales, the company's comprehensive gross profit rate fell from 35.7% in 2018 to 16.6% in the first three quarters of 2022, and various profit indicators have continued to decline since 2019.

However, it is expected that projects acquired at low cost in 2022 will support the repair of margins in the next 2-3 years.

What Spring Festival benefits have you received?

　　There are only 10 days left until the Spring Festival holiday in 2023. How about your Spring Festival benefits this year?

　　As far as the real estate industry is concerned, when the overall market is improving in previous years, many companies will give their employees extra-long vacations.

According to media statistics, even in 2022, Gemdale, Bangtai, Xiangsheng, Greentown, Xincheng, Zhongliang, Midea Real Estate, Kaisa, Poly Development, Dahua, Longfor, Aoyuan, and Zhongnan will all have a Spring Festival holiday of 10 days or more.

On the 10th, an employee of a Shanghai-based real estate company told Sino-Singapore Jingwei that their company’s 2023 Spring Festival holiday is from January 16 to 28, a total of 13 days, basically the same as in previous years, and there are not many other benefits.

Another employee of a real estate company headquartered in Southwest said that the company's Spring Festival holiday arrangement has not yet come out. In previous years, most of them were statutory holidays, and it is estimated that this year will be the same.

According to recent media reports, there are still some real estate companies that have more than 10 days of Spring Festival holiday this year.

　　On the Internet, some netizens have already released the company's Spring Festival holiday arrangements and year-end benefits.

According to a document posted by a netizen, the company’s Spring Festival holiday is from January 18 to February 7, a total of 21 days.

Another netizen said that the company's holiday lasted for 17 days, saying that "the longest holiday in history, but I'm not at the right time." Another netizen shared the benefits of the company's annual meeting lottery draw, among which the special prize was "single and Director's photo".

This kind of special reward makes netizens dumbfounded. One netizen left a message saying, "It's better to give 200 yuan", and some netizens who "know the workplace" suggested, "Make a roll-up banner after taking a photo and put it next to the work station." .

　　How long is your Spring Festival holiday?

What Spring Festival benefits have you received?

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