Study On Working Capital Management Of Real Estate Enterprises Under Financial Sharing Mode

With the rapid development of China’s market economy and information technology,business models are becoming increasingly complex.While expanding their scale to obtain high profits,enterprises are facing many new challenges,such as incomplete management mechanisms,excessive human resources,and insufficient data analysis capabilities.The operational efficiency of enterprises is greatly affected.The differentiation of financial information and the separation of business and finance are more likely to lead to internal resource waste and capital operation risks.In this context,financial sharing has become a new financial management model,which enhances the overall efficiency of enterprises by consolidating enterprise resources and business processes.On the other hand,the successive introduction of new policies in the real estate industry has brought a huge impact on the previously fiercely competitive real estate industry.The slowdown in growth rate,the decline in business profits,and difficulties in capital turnover have put the development of real estate enterprises in a difficult position.Working capital is the core element of enterprise production and operation activities,closely related to enterprise capital turnover and operating efficiency,especially for real estate enterprises.Due to the wide distribution of real estate projects,it is difficult to monitor working capital in real time,and traditional working capital management models are difficult to solve problems such as low turnover efficiency,insufficient data processing capabilities,and poor financial information transmission.In order to solve this problem,some real estate enterprises have begun to establish financial sharing centers,trying to standardize processes through business process reengineering and other methods,gather accounting work from all branches,improve working capital turnover,and thereby improve management efficiency.In theory,the financial sharing center can not only meet the information needs,but also improve the efficiency of enterprise capital operation.Centralized management of working capital not only saves related operating costs,but also reduces financial risks.More importantly,efficient working capital management capabilities can help companies seize market share.This article takes Country Garden group as an example to explore the impact of financial sharing mode on working capital management of real estate enterprises.Based on the theoretical framework of process reengineering,economies of scale,and channel management,combined with the characteristics of the real estate industry such as a large amount of working capital and a single source,carefully selected relevant financial evaluation indicators,and compared and analyzed the management of operating capital of Country Garden group before and after the establishment of its financial sharing center.The study found that although the implementation of financial sharing did not significantly improve the turnover ability and management efficiency of working capital management in the early stage,it significantly improved the efficiency of working capital management in the later stage.Based on the results of theoretical and case studies,this article also provides practical countermeasures and suggestions for optimizing the working capital management of real estate enterprises.