| Several theories on Financial Crisis-Forecasting-System Model are researched and compared, and Altman's Z score-model is analyzed in its applicability and validity for the Real Estate listed company in our country after analyzing the Financial reports of late three-year from 39 companies, which were sampled from Real Estate companies listed in the Hu & Shen exchanges. The result indicated that a Financial Crisis-Forecasting-model should be established according to the fact of the Real Estate listed company in our country for the two models are not very feasible. Therefore, a Financial Crisis-Forecasting-model is established by SPSS 11.5 discrimination, 94.9% of original grouped cases are correctly classified. And this Discriminate Analysis Model is valuable and practicable to some extern. |
