{"id":141277,"date":"2024-01-10T17:00:23","date_gmt":"2024-01-10T10:00:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-rejects-claims-it-was-never-profitable-in-report-centred-on-changes-to-its-accounting-method\/"},"modified":"2024-01-10T17:20:01","modified_gmt":"2024-01-10T10:20:01","slug":"china-evergrande-rejects-claims-it-was-never-profitable-in-report-centred-on-changes-to-its-accounting-method","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-rejects-claims-it-was-never-profitable-in-report-centred-on-changes-to-its-accounting-method\/","title":{"rendered":"China Evergrande rejects claims it was never profitable in report centred on changes to its accounting method"},"content":{"rendered":"


\nChina Evergrande stood by its audited accounts after changes to its revenue recognition methodology from 2021 prompted analysts at GMT Research to say the firm was \u2018never profitable\u2019.
\n
\nSource : South China Morning Post
\nRead more…China Evergrande rejects claims it was never profitable in report centred on changes to its accounting method<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande stood by its audited accounts after changes to its revenue recognition methodology from...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-141277","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AKF","jetpack-related-posts":[{"id":122351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-china-property-giant-evergrande-suspended-pending-major-transaction\/","url_meta":{"origin":141277,"position":0},"title":"Shares in China property giant Evergrande suspended pending \u2018major transaction\u2019","date":"October 4, 2021","format":false,"excerpt":"\r Trading halt sends markets Asian stocks falling amid speculation the debt-laden group will sell off its property management arm Trading in shares of debt-laden China Evergrande was suspended by the Hong Kong exchange on Monday after the enormous Chinese developer missed a key bond interest payment last week, its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-liquidators-seek-us8-4-billion-from-pwc-entities-in-hong-kong-lawsuit\/","url_meta":{"origin":141277,"position":1},"title":"Evergrande liquidators seek US$8.4 billion from PwC entities in Hong Kong lawsuit","date":"May 18, 2026","format":false,"excerpt":"\r The liquidators of China Evergrande Group are seeking 57 billion yuan (US$8.4 billion) from three PricewaterhouseCoopers (PwC) entities in one of the largest corporate lawsuit claims in Hong Kong, arguing the firm\u2019s global coordinating arm assumed responsibility for audits linked to the collapsed developer\u2019s accounting scandal. Evergrande\u2019s liquidators, Tiffany\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146641,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-liquidators-start-legal-action-against-pwc-for-negligence-in-auditing-work\/","url_meta":{"origin":141277,"position":2},"title":"Evergrande liquidators start legal action against PwC for \u2018negligence\u2019 in auditing work","date":"August 7, 2024","format":false,"excerpt":"\r PwC, former auditor of the collapsed developer China Evergrande Group, is facing legal action from the liquidators of the company, the latest setback for the accounting firm.\r \r Source : South China Morning Post\r Read more...Evergrande liquidators start legal action against PwC for \u2018negligence\u2019 in auditing work","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-seeks-us6-billion-from-hui-ka-yan-others-in-dividends-paid-on-fake-accounting\/","url_meta":{"origin":141277,"position":3},"title":"Evergrande seeks US$6 billion from Hui Ka-yan, others in dividends paid on fake accounting","date":"August 6, 2024","format":false,"excerpt":"\r The bankrupt Chinese developer, now managed by liquidators, sued in March to recover dividends and pay paid to its founder and other top executives based on allegedly falsified accounts.\r \r Source : South China Morning Post\r Read more...Evergrande seeks US billion from Hui Ka-yan, others in dividends paid on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-downplays-impact-of-staff-arrests-in-shenzhen-as-property-management-unit-warns-on-debts\/","url_meta":{"origin":141277,"position":4},"title":"China Evergrande downplays impact of staff arrests in Shenzhen, as property management unit warns on debts","date":"September 19, 2023","format":false,"excerpt":"\r China Evergrande said that the detention of personnel from Evergrande Wealth Management, its wholly-owned subsidiary, \u2018will not affect the company\u2019s operations\u2019.\r \r Source : South China Morning Post\r Read more...China Evergrande downplays impact of staff arrests in Shenzhen, as property management unit warns on debts","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-looks-for-ways-to-boost-valuation-ahead-of-upcoming-back-door-listing\/","url_meta":{"origin":141277,"position":5},"title":"China Evergrande looks for ways to boost valuation ahead of upcoming back door listing","date":"February 8, 2017","format":false,"excerpt":"\r China Evergrande Group\u2019s property unit Hengda Real Estate has sold its controlling stake in China Calxon Group after holding it for less than 10 months. Hengda Real Estate agreed to sell its 52.78 per cent shareholding in Zhejiang-based state-owned developer Calxon to another Evergrande subsidiary, Kailong Real Estate, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/141277"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=141277"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/141277\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=141277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=141277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=141277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}