Funding Management Research Of YD Real Estate Exploiting Company

The real estate industry is a typical capital-intensive business. But the managementmodes of many domestic real estate companies are rather crude, which bring little deliberatemanagement and detailed planning to the funding models and strategies. While this kind ofmanagement ability and level barely adapted to the rapid development of the real estateindustry over the past10years, facing the large scale, sustained real estate control policiessince2012, which have even been called the most severe in the history, the crude corporatefinancial management, especially the contempt of funding management, will surely adddifficulty to the cold winter of the real estate industry.This thesis chose YD real estate development company as a case. Through the analysisof the problems in the company’s funding, it attempt to glimpse of finance and fundingmanagement status and problems of the domestics real estate companies. Through theoreticalexploration and problem analysis, it builds suitable funding management framework andstrategic planning for this company and even for parts of the domestic real estate companies,and by this it will test the application effect of the theories and methods of fundingmanagement in the domestic real estate industry, and enrich or improve the theories andmethods of funding management. This is the theoretical significance of this thesis. The thesisis divided into5parts: The first part introduced the article background and significance,research scheme and methods. The second part related to the company’s abstract situation,including the group company’s status and its basic situation of the developing projects. Thethird part is the information of the company’s funding situation. The fourth part analysis thefunding problem of the company: a simple, single funding channel; the simple fundingstructure; the funding costs are all interests on borrowings, which pays high costs on thecompany’s funding; problems of the company’s funding risk. The last part of the thesis posesthe following management countermeasures: to strengthen the environmental analysis of thefunding project, to expand diversified funding channels, to balance internal funding structure,to control funding costs as well as to improve the funding risk management.