Research On Financial Risk Early Warning Index System Of Real Estate Enterprises

Along with the intensification of macro-control policies to real estates and the environmental deterioration which the real estate enterprises rely on,some real estate firms face more and more financial risks.It is important for managers to adjust their strategies to adopt the changes from policies and predict the changes from financial risks and take steps.Compared with other sectors,the industry of real estate possesses the property of high investment rate,high risks,high profits,great sensitivity,long operating time and supply chain,etc,which highlights the importance of financial risks as well as the method of financial risk early warning for estate enterprises.Based on the research objective,the paper pointed out the research method that is used in this passage via the combination of relative theories about financial risk early warning at home and abroad.Firstly,the paper defines financial risk early warning,introducing the theoretical basis about it entirely,which lays a solid academic foundation for the construction of the index system for financial risk early warning.Secondly,based on the risks from financial management of real estate enterprises,it analyzes the source of financial risk and the influencing factors via financing,investment,working capital and appropriation of profit and then constructs an index system for financial risk early warning by comprehensive efficacy coefficient method,analytic hierarchy process and questionnaire survey.Lastly,it studies COFCO Property(Group)Co.,Ltd.and calculates the company's comprehensive efficacy coefficient,comparison between efficacy index and warming interval table via the assumed index system for financial risk early warning.The conclusion conforms to the financial status of COFCO Property(Group)Co.,Ltd,which suggests that the assumed index system for financial risk early warning is feasible.