Research Of Financial Risks Recognizing And Precaution Of Listed Real Estate Companies Based On Factors-time Series Analysis

The real estate industry,as the key part of national economy,has made a great contribution to the Gross Domestic Product.And it is known that in recent years the need of housing have been bigger than the supply in the first and second-tier cities where the housing just need is pushed to the top.With the prosperity of real estate industry,more and more enterprises become involved in the industry for the first time.However,there are still particular risks behind the prosperity on the surface.For the real estate developing activities with long term and large demand for funds have a high requirement of capital strength for the real estate developers.The capital inventory is becoming a problem in addition to a large number of houses in store,which to some degree has a negative effect on the financial situations and results in financial risks.The samples in this article include the A-share real estate listed companies involved meeting relevant standards from 2014 to 2016,and datum in financial-chart level and relevant information are extracted.The factor analysis is used to make the financial risks recognizing model,and cluster analysis is used for model testing,which is aimed at recognizing the key factors and variables,as well as the present situation of financial risks faced by real estate listed companies.Then there will be a time series analysis for the key variables affecting financial risks of the samples continuously operating from 2001 to build a predicting model and determine the critical value of the key variables so that the advice involved can be utilized for recognizing and preventing financial risks the real estate listed companies face.