Optimization Of The DC Project Financing Scheme

The real estate industry is characterized by financial costs higher than the market average cost,and capital intensive industry.The project cycle is usually about three years or so.Due to the large amount of investment,the overall financial cost might cut down profits,or even directly lead to negative profit.Therefore,the reasonable financing plan is the key to ensure the profit level of the real estate project.In this thesis,DC project as a case describes the real estate project financing factors and optimization strategies.The first chapter of this thesis introduces the background with the introduction of the research route and theoretical basis.In the second chapter,the financial status of the DC project is described.It is found that high financial costs cause that the total investment is over the budget and results in negative project profits.In the third chapter,in order to solve the problem of high cost,I try to design a financing solution based on the principle of low cost of short-term fund.The result shows that financing costs can be significantly reduced.In order to prove the feasibility of this financing plan,I conducted a special survey on financing ability.However,the finding based on a survey indicates that the adjusted low cost solution is beyond the short-term financing capacity of the company.The low cost solution is not feasible and is prone to rupture of capital chain risk;In addition,I further conduct a questionnaire on the company's financing capacity and obtain the feasible domain of the company financing capacity in the different financial environment.In order to find out the optimal financing scheme in the feasible domain,in the fourth chapter,I identify the six important factors in the financial costs based on the questionnaire,and further subdivide the risk factors that affect the financial costs.Divided into two categories,the first is the risk factors that affect the amount of financing costs,the second is the risk factors that affect the ease of financing.The impact of the two types of factors on financing costs is different from each other,and the extent of the impact on the two types of factors and the reasons for their formation are separately introduced.With the risk factors,the risk factors need to be predicted and analyzed.The dissertation obtains the forecast result through the form of the research.Most of the respondents are the professionals with strong professional abilities.The fifth chapter of the thesis first determines the feasible areas of corporate financing in the next few years according to two factors that affect the ease of financing,and it is used to further find the lowest cost Financing Scheme following the principle of low cost of short-term funds.Then the adjustment of scheme is provide based on the four important factors that are related to the project forecast and the amount and duration of the project financing and follows the important degree successively.It aims to ensur the low cost of the case and adapt to the future development of all sorts of risks of the projet.It is found in the thesis that the optimized scheme can save more financial costs,increase the profit expectation and make a profit when the risk of the project financing is controllable.Through comparative analysis of the performance of the two programs in different risk factors,the analysis results are obtained,which will provide a more practical design path for the future project financing design.In addition,this dissertation can also serve as the basis for the follow-up theoretical research,which paves the way for further research.