A Study On The Performance Evaluation Of The Listed Real Estate Companies

As a basic carrying body of the national economy, the real estate industry has the very important status and the function in the entire national economic system. The healthy development of the real estate industry was a focus point of attention in academics and industry in recent years. The development and the regulative tendency of the real estate industry is closely linked with the macroeconomic and the major policies trend in our country. Before 2007, the state has promulgated and implemented a series of cooling-related policies to curb the overheated real estate investment. The real estate market had depth adjustment in 2008. the government introduced a quite a lot of policies to stimulate consumption, in order to maintain economic development, and regain market confidence. In 2009 the regulatory focus are supportive policy, drive economic growth and resist the global financial crisis. China's changes in the macroeconomic environment, who's impact of the real estate is an all-round. To be listed takes the real estate profession as the Leading enterprise of the real estate industry, the listed real estate companies have certain representation.In this paper, take the listed real estate companies in Shanghai and Shenzhen stock markets as the research sample, with the aid of the Excel,SAS statistical analysis software, selecting the relevant financial indicators, to carry on the cluster analysis of the indicators screening. Then carry on principal component analysis, improved analysis on principal component analysis, entropy analysis of the secondary indicators, and make comprehensive comparison. It discovers the problem of the whole listed real estate companies to all listed real estate companies in our country stock market. Meanwhile through the analysis the influence of the macroeconomic regulation and control policy to the real estate industry, provides the theory for the related macroeconomic policy's formulation and promotes the healthy development of the real estate profession in our country.