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0.00449438202247181 0.00449438202247181 0.00449438202247181 -0.00898876404494383 -0.0179775280898877 -0.0269662921348315 -0.0168539325842697 -0.0157303370786517
Stock impact report

Xinyuan Real Estate: Some Very Hopeful Signs [Seeking Alpha]

Xinyuan Real Estate Co Ltd American Depositary Shares (XIN) 
US:NYSE Investor Relations: ir.xyre.com
Company Research Source: Seeking Alpha
Summary Introduction In the last few months, the market has not been good to Xinyuan Real Estate Co. (NYSE: XIN ), with its NYSE price falling to $3.68 in August. But its third-quarter report provides some reassuring news for investors. In what follows, the good news is presented, along with a few continuing worries. The Numbers - Pretty Good Moving to the ASC606 standards starting on the first day of 2018 has made it difficult to interpret XIN’s quarterly numbers. However, in its latest financial report to the SEC , XIN has provided data for the four quarters of 2017 using the ASC606 standard. These data are presented in Table 1 along with the 2018 ASC606 data. Overall, they are quite positive, with contract sales still be impacted by the change in standards. Table 1. - XIN Data Using the ASC606 Accounting Standard (in thous. US$) (Source: SEC) Full-Year Predictions Have Not Changed - Good To get a better fix on future weather, I watch h Show less Read more
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