Research On Financial Risk Control Of Binjiang Group Based On Factor Analysis Method

The real estate industry is related to the national people’s livelihood and the stability of the financial economy.Since 2000,China’s real estate industry has developed rapidly and has become an important force for promoting the development of the national economy.Compared with other industries,the real estate industry is highly policy-oriented,with a long overall development cycle and a large demand for funds,which leads to a higher probability of financial risks.Since 2016,the state has carried out a new round of macro-control of the real estate industry,which has cooled down the booming real estate market.However,national policy regulation may also expose some real estate enterprises to financial risks due to inadequate response.Therefore,relevant research on financial risk control in the real estate industry has become very important.Taking Binjiang Group as the research object,this paper first explores the causes of risk formation by identifying and analyzing the financial risks existing in Binjiang Group.Secondly,on the basis of the empirical research results at home and abroad,combined with the characteristics of the real estate industry,14 financial indicators representing the profitability,solvency,business ability and development ability of enterprises were selected.On this basis,the 2020 financial data of the real estate industry were used to be built in combination with the factor analysis method.Financial risk evaluation model.Finally,according to the display results of the financial risk evaluation model,the financial risks existing in Binjiang Group are evaluated and analyzed,and specific practical control measures and implementation guarantee plans are proposed for the existing financial risks,so as to provide reference for the financial risk control work of other companies in the real estate industry.