Estate Company Capital Chain Risk Control Research

Capital chain risk is one of the main risks of real estate enterprise. Since2013, all overthe country reports out real estate developers of the capital chain rupture. Continuoustightening policy of real estate industry in recent years, many real estate developersbecause of capital chain rupture problem had to drop out of the real estate industry.Facing the risk of capital chain, many real estate companies come up with various waysof working capital. Jiangxi ZhongJiang real estate co., LTD is listed on the Shanghaistock exchange listed company of real estate. ZhongJiang zijin city commercial realestate property development project has been built for eight years, because recruit to themerchants, can not be opened, and cause huge losses company owner and other relatedpersonnel. Money can’t recycle, risk capital chain ZhongJiang property. Therefore, therecent ZhongJiang property for the price of1.5times the recycle shops, used to solve thecapital chain risk. And ZhongJiang since2013real estate group of major shareholders inthe river was determined to transfer ZhongJiang a51%stake in real estate, many timesbefore in equity pledge for loans to the bank. Affected by macro-control policies, theproperty market cooling, the housing transaction volumes in both fell, the stock onlygrow. ZhongJiang property zijin city has most of the construction of the2006are not yetdisposed of, plus the shops before repurchase, the inventory pressure is very big. Anddestocking, it will take quite a long time. Currently ZhongJiang property stocks of about1million square meters. Because of the influence of zijin city before the investment isnot to want to use it sold one million square meters of inventory, is not an easy task.Capital chain rupture brings serious risks and related interest groups such as buyers,construction companies, such as private creditors can severely damage the interests of.This paper analyzes the risk of real estate capital chain, mainly based on the analysis ofcapital chain ZhongJiang real estate risk, from the ZhongJiang property managementinformation and ZhongJiang real estate financial reporting data index analysis, drawZhongJiang the cause of the risk of real estate capital chain, targeted put forwardcountermeasures accordingly.