Ancient Egypt was struck with 10 plagues and Xinyuan Real Estate will now face it’s 10th CFO during its time as a public company. For comparison the New York Knicks had only seven head coaches over the same time period.
-
CFO Period
Longgen Zhang 2006-2008
Frank Ng 2008-2009
Tom Gurnee 2009-2013
Kevin Wei 2013-2013
Helen Zhang (Interim) 2013-2014
Manbo He 2014-2015
George Liu 2015-2016
Helen Zhang 2016-2018
Xuefeng Li (Interim) 2018-2019
Yu Chen 2019-
The average tenure of Xinyuan CFOs is approximately equal to the lifespan of a shrew. During what is likely to be his brief time as CFO, it would be helpful if Yu Chen is able to bring improvements in these areas:
- Lower leverage
- Lower borrowing cost
- Lower effective tax rate
- Improved investor relations
Koneko Research 
Thanks John!
Any of the 4 would be nice. Investor relations would seem to be the easiest and quickest on the list to accomplish, and somehow that football is continually fumbled.
Attempting to reduce leverage may hasten his departure….
Cheers,
SunMyung
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Do we have any chinese based investors around? Due to the lack of current analyses I am trying my self to get a better understanding of the Real Estate market in China. Need some help to find price charts for XINs real estate projects in China. At the moment it seems that XIN will increse the dividend from 2,5 cent to the original 10 cent during the next 2 quarters. You can reach me via max.koenig@kabelmail.de
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Good luck to you. XIN has a lot of USD debt due over the next year. Oct2021 bonds are quoted at a 30% yield. Dividends should not be a corporate priority.
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Hi John, i managed to get out yesterday at 1.64$. I have added Sino Ocean during the last 2 weeks. All 3 red lines are green at Sino, Great presales and revenue growth. And debt is below 5% yield. Any comments on SINO?
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