Research On Financial Risk Control Of BC Real Estate Company

In recent years,with the rapid development of China's economy,competition between enterprises is becoming increasingly intense,resulting in many companies in the face of fierce competition prone to financial crises.The main cause of the outbreak of financial crisis in most companies is due to the company's great financial risk.Therefore,financial risk of the enterprise should be paid close attention in the daily operation and management,not only strengthen the ability to detect financial risk,but also take timely and effective methods and measures to manage it.Finance is the lifeblood of the enterprise running,funding operations affects financial risk directly.Real estate is a typical capital-intensive industries and an important pillar industry of the national economy,so we should strengthen the financial risk management of real estate companies.BC real estate company is the specific object of this thesis.Firstly,it starts from basic theory of financial risk and the financial risk management and analysis of the financial situation from horizontal and vertical aspects of BC real estate company.Secondly,based on the recognition of the financial risk,development features of real estate industry and BC real estate company's business features were taken into full consideration.Building the integrated evaluation system of BC real estate company's financial risk from financial index and non-financial index as to evaluate the financial risk of BC real estate company.During the time of financial risk evaluation,firstly,using the method of AHP to determine the financial index and non-financial index of weight.Secondly,using the improved efficacy coefficient method and expert scoring method to determine the comprehensive evaluation indicators of financial indexes and non-financial indexes.Then obtain the result that the financial risk of BC real estate company is in the middle state through the weight of financial indicators and non-financial indicators.The main reasons of the financial risk of BC real estate company are that investment activities and operations activities were unable to generate enough cash flow for the enterprise,resulting in serious shortage of cash flows of the company.In addition,housing sales are sluggish and too much inventory is also one of the important reasons of financial risk.At the end of the thesis,on the basis of above identified financial risk of BC real estate company,this thesis puts forward specific measures to strengthen company's financial risk management.Through the analysis and research of this thesis,in the hope that it will be helpful to financial risk management in the BC real estate companies.