Research And Prevention Of Financial Risk Of Vanke Group

With the adjustment of economic structure in our country,land prices in the rapid rise,real estate in 2015 to GDP the overall impact of up to 32% truly become a pillar industry of our national economy,the rapid growth of GDP plays an important role.And real estate enterprises because as a capital intensive industry,vulnerable to the impact of the national macro-control,with high investment costs,assets and liabilities rate high,long payback period,return volatility,upstream and downstream industry chain such as the huge characteristics,so the financial risk is self-evident.Vanke Group as a real estate enterprises,the financial risk factors involved in more comprehensive,in common with the financial risks of real estate enterprises,at the same time,it has its particularity,in the glamorous appearance undercurrent,the financial risk is prominent.In this paper,based on the relevant theory of financial risk control,through the study of Vanke's financial position,operating conditions,the source of financial risk,mainly in the form of combing the Vanke face major financial risk and sources of risk,and formulate the corresponding risk prevention measures.In this paper,the theory and case studies are used to combine the normative research methods,and a large number of relevant indicators are used.Mainly reveals the main performance and characteristics of the financial risks of Vanke Group,but its deep reasonand prevention is yet to be further studied.This paper is divided into five parts: the first part mainly studies the background,significance and literature review at home and abroad;the second part,the financial risk related theory;the third part,Vanke Group financial index and risk analysis,through the research on financial indicators pointed out the specific performance,the main risk sources of Vanke's risk;the fourth part.Vanke Group financial risk prevention recommendations,according to the main risk of established financial risk prevention measures accordingly,including the expansion of equity financing to optimize financing channels,accelerate the transformation and upgrading,to accelerate the process of inventory control,sold outstanding scale,actively respond to the "replacing business tax with value-added tax(VAT)" to expand the scope,the deductible invoice to promote business partner optimization the structure,extraction of Financial Risk Prevention Fund,encouraging customers to buy housing insurance etc..The fifth part,the deficiency and prospect.Hope this study practical,can in some degree strengthen Vanke's awareness of risk prevention,effectively improve the enterprise under the new environment to deal with a variety of financial risk,and to the other room to a certain value of reference and reference.