XX Real Estate Financing Structure Optimization Design

Through the rapid development over the past few years, real estate has become a pillar industry that's inseparable from steel, household appliances and construction materials in China. Real estate belongs to the typical capital-intensive industry. In other words, capital is like the lifeblood to the real estate industry. However, there are several questions existing in the current real estate industry in China, such as the single capital channel and the unreasonable financing structure, etc. Specifically speaking, they are reflected in the capital source of real estate projects. The capital of the majority of real estate projects comes from loans of commercial banks, and other financing channels have been rarely utilized. Consequently, the banking system undertakes the operating risk and market risk of the whole real estate industry independently, and enterprises undertake excessive financial risk. Once the state adopts some means to control and shrink the loans granted to the real estate industry, the capital chain will definitely be severely threatened. Hence, enterprises in the real estate industry should attach much importance to their own financing structure.In this paper, XX Real Estate is taken as an example in the research and discussion of the current financing structure and existing questions confronting XX. In the first chapter, the research background, content and methodology are briefly introduced. In the second chapter, the basic theory of the financing structure of real estate enterprises is elaborated. In the third chapter, the current financing structure of XX Real Estate is introduced firstly. Next, a contrastive analysis is conducted on the financing structure of XX Real Estate horizontally and vertically through several selected representative enterprises in the industry and relevant indexes. Thus, the unreasonable aspects in the financing structure of XX Real Estate are pointed out. And then, the causes of these questions deeply analyzed. In the fourth chapter, optimization criterion is firstly put forward, and the enterprises are ranked in light of their practical situation. And then, the specific procedures of implementing the optimization scheme are introduced. Finally, examples of the specific application of this optimization scheme in XX Real Estate are illustrated. In the fifth chapter, the supporting measures of implementing this optimization scheme are elaborated, and detailed measures are proposed from two layers--enterprise and the government.Questions of the financing structure confronting real estate enterprises must be solved practically. In this paper, it is hoped that a pertinent comprehensive analysis can be conducted on the financing structure of XX Real Estate in accordance with the practical situation and the current financial environment. Furthermore, theories and combined with the practice in the design of the optimization scheme for XX Real Estate. It is hoped that the questions existing in the financing structure of XX Real Estate can be solved, the maximization of value can be realized, and the normal development of the enterprise can be facilitated.