Finance Evaluation Of Realty Investment Project Based On Cash Flow

As the continuous development of Chinese market economy and the deepening of reform and opening up.the real estate industry has been under rapid development.In particular,after entering the 21st century.Chinese economy in a strong upward trend, political and social stability,the official World Trade Organization to integrate fully into the international community,the successful bid to host the Olympic Games,which makes a large number of international investment flow into China,all add to the real estate development and operation of injection and new vitality.Chinese national economy is an important one of the pillar industries.Chinese real estate industry of the status can not be optimistic concerning the fast development of real estate investment, resulting in large scale infrastructure projects.blind-owned serious backlog in housing. land and many other issues abandoned.The risk of real estate raise increasingly common concern.From an objective point of view.the above-mentioned problems have its inevitability.In terms of theory as a result of the real estate industry in our country are a fresh one.and therefore relevant to the theory also appears to lack a lack of a more fragmented comprehensive.in-depth.systematic theories and methods as a guide;from practice in terms of Chinese real estate market has not been fully established and is not perfect.investors lack of a rational investment decision-making methods.a great deal of blindness.The existence of these problems will lead to blind investment in real estate. real estate development of our country is extremely unfavorable.The problem is real estate investment decision-making in the development of a critical issue.Real estate investment mode.and long cycle.and subject to geographical. economic and policy constraints and other factors.have a risk.Therefore.real estate investment decision-making.must be considered effective and risks.establish a decision-making model.namely.real estate investment risk analysis and prevention research.in order to reduce the risk of incidents of Health and as a result of the probability of the occurrence of risks brought about by the loss has become a top priority.Given the circumstances.I selected this research topic.This article from the perspective of real estate developers.real estate financial analysis and risk response measures to ensure that the project investment of scientific and reasonable.In this paper.the first chapter summaries the real estate industry research at home and abroad.as well as the status of China's real estate investment in the overview summary and a brief reference attached to the international financial crisis on the real estate industry.The second chapter on the financial evaluation of a theoretical basis for doing presentations.and project the traditional shortcomings of the financial system analysis.in this paper the use of revised financial analysis system.The third chapter of the project is on cash flow real estate constitutes a summary of factors and impact.The fourth chapter of the project on a specific project cash flow is calculated as the basis of empirical analysis.The fifth chapter of the former text. based on modified methods of financial analysis.the project's profitability and liquidity analysis.The last chapter is a discussion of the risks of real estate projects.This article is written by Wang Fengming under the guidance of Professor Pei Jinsong.