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Research On Financial Evaluation Of Weifang Changqing International Projects

Posted on:2014-03-01Degree:MasterType:Thesis
Country:ChinaCandidate:L GuoFull Text:PDF
GTID:2309330473454126Subject:Project management
Abstract/Summary:PDF Full Text Request
In recent years, the rapid development of China’s real estate projects, real estate investors, before the investment and construction of real estate projects the financial evaluation research is particularly important, the profitability profitable size and strength of financial risks are real estate project investorvery concerned about the problem. The investment of the project is successful, the evaluation studies before the investment is the key, the financial evaluation is the core of the project evaluation study, a special area of investment for real estate investment projects as a project with high-risk, profit, long cycle. Weifang Evergreen International real estate projects, financial evaluation of the real estate projects, and provide reference for investors, but also provide inspiration for other real estate development projects.The results of this study show that the Weifang Evergreen International construction of real estate projects in line with the national industrial policy, in line with national and industry development planning in Shandong Province, in line with the overall planning of urban development in Weifang City, the construction unit of the project and the project in line with the relevant provisions of the industry access to the project site reasonable. After the completion of the project, can bring significant role in the advancement of the local economy. The project’s financial risk is very low, but there is a certain amount of policy risk. Overall, the project is feasible. From this project, more than a few static indicators, the sales period, especially resale years of investment high profit margins, low profit margins of the lease term investment, the overall average annual profit rate of investment to maintain more than 13%, so investment profit margin angle analysis is feasible. In addition, from the phased construction and operation term, several dynamic indicators from the project over the term of the project’s own funds before tax and after-tax financial net present value (FNPV) are greater than zero, before tax and tax after the financial internal rate of return (FIRR) are greater than the expected rate of return of 10%. Therefore, from the analysis of dynamic earnings point of view of its own funds, the project is feasible. From a risk assessment perspective,47.8% of the break-even point of the project, in the case of conditions to determine the pre-engineering fees, the sales revenue of the project, if they can reach the expected 47.8% can recover the investment, the lower the breakeven point, illustrate the the project has a strong anti-risk ability.
Keywords/Search Tags:projectmanagement, financial evaluation, Financial indicators analysis, Sensitivity analysis, Break-even analysis
PDF Full Text Request
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