Research On Early Warning Of Financial Risk Of R&F Properties Based On Efficacy Coefficient Metho

In 2021,with the implementation of policies related to the real estate industry,such as the "three red lines" financing management system,"two centralized" land supply management and "two maintenance" policies,banks and other financial industries quickly closed their portfolios,causing huge shocks to the real estate industry.Under the double impact of the real estate policies introduced by local governments and consumers’ cautious attitude towards real estate investment,the real estate industry has been shrinking seriously since 2021,leading enterprises appear debt crisis.Therefore,it is imperative for real estate enterprises to predict and control the financial risks of real estate enterprises through the construction of financial risk early warning mechanism,so as to ensure the stable development of real estate enterprises.As a representative enterprise in the real estate industry,in the face of the impact of various real estate regulation policies,R&F Real Estate has always maintained the policy of deleveraging and increasing capital liquidity in 2021,but the effect is not obvious.It still steps on all three red lines,which makes R&F Real Estate has to seek for debt extension several times.It can be seen that the debt of R&F real estate walks on the "tightrope",the solvency is low,and the first net profit is negative,with obvious financial risk characteristics.Therefore,this paper selects R&F Real Estate as the research object,relies on the research on the financial risk early warning of R&F Real Estate,promotes the application of the financial risk early warning theory in R&F Real Estate,and builds an easy-to-use financial risk early warning model,so as to ensure the healthy operation of R&F Real Estate and maintain the stable development of social economy.Based on the financial data of R&F from 2017 to 2021,the efficiency coefficient method and entropy value method are combined to establish the financial risk warning model of R&F Real estate.Firstly,according to the actual situation of R&F Real Estate,the financial early warning index system of R&F Real Estate is constructed by using the entropy method and Pearson correlation analysis.Secondly,the data from 2017 to 2020 were entered into the early warning model to verify the effectiveness of the model.The data of 2021 is entered into an effective early warning model,and the input results show that R&F Real Estate has huge financial risks.Through the relevant data,it is analyzed that R&F Real Estate has financing risk,investment risk and inventory management risk.This paper puts forward some suggestions such as reforming capital structure,strengthening the awareness of investment risk prevention,optimizing inventory management and improving the internal control system.This paper has implications for the financial risk warning of the real estate industry.