Xinyuan Real Estate Welcomes New CFO, Again

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

 

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One thought on “Xinyuan Real Estate Welcomes New CFO, Again

  1. 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

    Like

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