Research On Financial Risk Evaluation And Early Warning Of Real Estate Listed Companies In China

Under the situation of economic globalization, especially since the 2008 financial crisis, the global economy is still in the process of gradual recovery. Whether the enterprise have to risk control ability become one of the factors must be considered. The real estate industry is the pillar industry of national economy in our country, therefore, the real estate industry is facing more fierce competition and risk from all sides. In this case, the objective evaluation of the financial risk of the real estate industry level, in a timely manner to the financial crisis early warning, to improve the operating performance is not only beneficial to the real estate industry, improve the level of risk control, and also be helpful for outside investors to make rational investment and the government supervision, provide reasonable basis and policy making.This paper firstly expounds the meanings and characteristics of enterprise financial risk, link, evaluation and early warning of financial risk theory method and the differences and relations. Then, expounds the present development of real estate enterprises in China present situation and characteristics, the financial risk of the real estate listed company status and risk source; On this basis, to build our country real estate listed company financial risk evaluation index system. Using the principal component analysis to the real estate listed company financial risk is evaluated, and based on the sample company financial risk composite scores, the sample companies in the recent 3 years financial risk score ranking, better reflects the real estate listed company financial risk level. Use binary logistic regression analysis using principal component analysis to extract the principal component factors of enterprise financial risk, the influence of logistic regression model was constructed, and the model is used to test the warning. Finally, puts forward our country real estate listed company financial risk prevention and control strategies.