Research On Early Warning Of Financial Risk Of Z Real Estate Enterprises Based On The Perspective Of Cash Flow

After decades of development,China's real estate industry has entered the "stock era" from the "incremental era".At the end of 2016,the concept of " houses used for housing,not speculation " was shocked in the central government of the year.The economic work conference was proposed to make the real estate market that is "not hot enough" cool down again.Under such a premise,how small and medium-sized real estate companies survive has become the first issue that they must consider,and the occurrence of financial risk is an important factor that causes companies to fail to survive.This article takes Z Real Estate Company as a case,and through preliminary financial analysis,it is found that its debt solvency,profitability,operating capacity and other indicators have declined to a certain extent,and there may be financial risks,and There are certain problems with financial risk early warning.Based on the analysis of the case of Z Real Estate Company,this article takes China's A-share real estate industry listed companies as a sample,selects the corresponding financial indicators from the perspective of cash flow,and uses factor analysis and Logistic regression methods to select the financial indicators.To deal with it,build a financial risk early warning model for Z Real Estate Company,and put forward corresponding optimization suggestions for its problems in financial risk early warning,in order to form a certain reference for its future financial risk management.