国际评级机构惠誉发布最新评估指出,万科企业(包括其A股及H股实体)在2025至2026年期间的自由现金流预计将维持负值态势。这一预测已充分考虑潜在资产处置可能带来的资金流入。
尽管万科可能通过资产出售获取流动性支持,但惠誉认为相关收益仍不足以抵消整体资金流出压力。该判断反映出房企在行业调整期面临的普遍挑战——即便采取资产优化措施,经营性现金流的根本改善仍需时日。
国际评级机构惠誉发布最新评估指出,万科企业(包括其A股及H股实体)在2025至2026年期间的自由现金流预计将维持负值态势。这一预测已充分考虑潜在资产处置可能带来的资金流入。
尽管万科可能通过资产出售获取流动性支持,但惠誉认为相关收益仍不足以抵消整体资金流出压力。该判断反映出房企在行业调整期面临的普遍挑战——即便采取资产优化措施,经营性现金流的根本改善仍需时日。
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