Reserch On Financial Performance Evluation Of L Real Estate Company

Since 2014, along with the end of real estate industry "Golden Decade," the real estate business began from the high-speed growth period to a smooth transition period. The industry’s sudden situations have brought more changes in the financial situation and risk.As a result of scientific financial performance evaluation of the enterprise management, the relevant functional departments and the majority of investors have a guiding significance.Therefore, how to do a good financial performance evaluation, find out the shortcomings in the past business process and the development of new situations under the breakthrough is more and more important.At present, China’s real estate business for the financial performance evaluation methods and achieved some success. After fully reading the article, I trust as a core the economic value-added (EVA) takes the financial performance evaluation method, which takes the "economic profit" as the core and fully considers the capital cost of the enterprise s equity, can do well for the traditional financial performance evaluation with the "accounting profit" as the core. To the enterprises get a more comprehensive and systematic financial performance evaluation. In 2010, Since the SASAC for the first time in the central business executives in the central business performance assessment core indicators since the importance of EVA has become increasingly prominent. In 2014 and 2016 in the SASAC have been introduced in the "economic value added as the core to strengthen the central enterprise value management guidance" and "assessment approach", once again as the focus of EVA as a perfect and expanded.In view of the above, I selected the state-owned enterprises L as a research object. First,from the basic financial data, the enterprise’s balance sheet, income statement and cash flow statement for analysis Secondly, based on the characteristics of the industry, and the rate analysis method, 12 indicators were selected from the aspects of solvency, profitability,Operating capacity and growth ability compared with Vanke and industry average. Finally,according to the "Economic Value Added Review Rules" to adjust the relevant accounting indicators, the use of EVA on the financial performance of enterprises to make further supplementary analysis Through the above research can be found, L real estate capital structure is unreasonable, lack of funds and less profitability, management needs to be optimized, finally put forward the corresponding countermeasures for the above issues, find problems, targeted solutions to help the type of business to improve business conditions,reduce financial risk, and other company in the same industry to provide some reference value.