| The real estate industry is an important industry for the development of the national economy.It is a relatively important capital-intensive industry.The whole industry has the basic features of relatively large financing scale,long development period and significant policy orientation,and thus has more significant financial risks.Therefore,the state has issued and implemented a number of basic policies to restrict the growth of the real estate system in this field,so as to control the investment scale of the real estate as much as possible.The development of real estate enterprises will face the limitations of policies and capital,and there are difficulties in financing and sales,as well as more significant market risks.BL real estate has been adopting the model of rapid sales with high leverage for many years,which requires in-depth study of the financial risks posed by the company's operation in the context of intensified industry competition and in-depth policy adjustment.BL real estate listed enterprises are taken as the basic analysis object,and then the financial risks of the enterprises are analyzed in detail.The research in this paper is summarized in the following aspects: first,the literature research method is used to carry out a detailed sorting and discussion on various achievements of financial risk management.Secondly,it analyzes and identifies the financial risks of BL real estate through the ratio analysis method.In view of the current financial risks of BL real estate companies,it identifies and analyzes the causes from the perspectives of investment,financing,operation,growth and cash flow.Observed BL real estate companies there are short-term debt paying ability is poor,proportion of company's own funds accumulated degree is low,problems such as unreasonable capital structure,and combine the characteristics of the BL property selected 15 evaluation index to construct indicators evaluation system,using factor analysis method in the selection of indicators based on BL real estate financial risk to carry out a detailed evaluation.Finally,based on the identification information and assessment results of the financial risks of BL company,targeted risk prevention and control measures are formulated.It is believed that BL real estate should first establish the awareness of risk management and improve the financial personnel's awareness of risk.Secondly,we should establish the financial risk warning system,optimize the capital structure,and strengthen the cost management and control.Finally,formulate long-term development strategy,improve the organizational structure,and improve the internal and external supervision environment.It isexpected to improve the company's awareness and ability of financial risk control. |
PDF Full Text Request