The Financial Warning Research On The Listed Real Estate Company

With the rapid development of the economy, the enterprise facesmore complex environment and financial risk. The managers can haveenough time to control and reduce the financial risk when the enterprisewas established an effective financial warning system. Compared with thedeveloped country, the real estate enterprise in our country poormanagement and develop later. The financial risk is the core of financialmanagement and the financial management is important to the enterprisemanagement. In the long term, the effective financial risk management issignificant. The features of the real estate enterprise are big investment inthe earlier stage and long recovery period. In our country, less self-capitaland more bank-financing in the real estate enterprise cause the high debtratio and financial risk, so it is important to the management and investorthat predicted the financial risk in ahead.In the article, it use the artificial neural network (ANN) method toindicate the financial risk and it structure the financial index systemwhich contains sixteen cash flow financial indexes. Before use the sixteenfinancial indexes, the article adopted the Factor Analysis to analysis thedata which use six indexes instead the sixteen indexes. In the prior to usethe Factor Analysis, it use the Kaiser-Meyer-Olkin and Bartlett’s test thedata. The empirical research shows that the effective of the artificialneural network for the financial risk forecast. Final, it pointed out theshortages.