Financial Risk Analysis And Evaluation Of Greenland Group Based On Factor Analysis Method

At present,China's real estate market is undergoing frequent new policies,the urbanization process is accelerating,the development of real estate enterprises is not balanced,and environmental protection and other problems make real estate enterprises inevitably face various risks in the highly competitive environment.Financial risk exists in every link of an enterprise.It is essential for the healthy and sustainable development of an enterprise to do a good job in the identification,analysis and management of financial risk.Real estate enterprise is the pillar industry of China's economic growth at the same time,is the lifeblood of the national economy,from 16 to 18 years in our country on the property market from a loose type into a tighter,situation cooled restrictions that the property market boom,companies had lower revenue and profits,these will bring inventory backlog,capital chain tension,will cause the financial risk of the enterprise.Therefore,in the context of the constantly changing economic environment,it is particularly important to strengthen the evaluation and analysis of the financial risks of real estate enterprises,and on this basis,to strengthen the control of specific problemsThis paper takes the real estate enterprise Greenland group as an example to analyze the financial situation of Greenland group,study the financial risk of Greenland group and explore its causes.At home and abroad on the basis of empirical research,combined with the actual situation of Greenland group,after finally chose Greenland group in profitability,operation ability,debt paying ability,development ability and cash flow ability five aspects contained 16 indicators,build the financial risk evaluation model for green group,on the basis of the use of green industry group in 2017 annual financial data of 185 listed companies with green group in 2013-2017 quarterly financial data,factor analysis through research,the results showed that Greenland group and its subordinate industry there are financial risks.Finally,based on the combination of two empirical results,this paper innovatively established a financial risk evaluation system for Greenland group based on its ranking of financial risks in the industry and its own ranking of financial risks,and proposed corresponding control measures for the existing financial risks.