Research On Financial Risk Analysis And Early Warning Of Real Estate Enterprises

In recent years,along with people's further expansion of real estate rigidity and investment demand,real estate “hot” has become the prevailing market status.The rapid rise of the real estate economy makes this industry a pillar industry of the national economy.However,real estate companies still have certain problems in terms of financial risks.On the one hand,due to the low degree of importance attached to financial risks by Chinese companies and the further complexity of the market environment,and the fact that real estate companies are capital-intensive companies,their production costs are relatively large and accompanied by a further increase in the level of liabilities,and therefore face more complex financial issues.Risk;On the other hand,the government attaches great importance to it,and the introduction of various macro-control policies have led to a continuous decline in real estate investment growth,rising inventories,a significant decline in sales and a gradual decline in land sales revenue,and thus leading to real estate development.The risk further increases.Based on this,it is necessary to study the financial risks and early-warning issues of real estate companies based on the special nature and background of the real estate industry in China.Based on the background of this research,this article analyzes the financial risks and early warnings of real estate companies through literature review and qualitative and quantitative methods.Through an overview of related research and theory both at home and abroad,this paper analyzes the financial risks and causes that China is facing from the perspectives of the three aspects of financing,investment,and fund recoveryand internal and external environment.Secondly,the sample selects the year in which the “ST” is first used as the “T” year,and uses the data for the first three years of the crisis;on the construction of the early warning indicator system,the paper initially selects 21 indicators based on normality,Significant tests and principal component analysis were used to eliminate them,and important impact indicators for early warning of financial risks were obtained.After that,a Logistic early warning model was established based on the extracted principal component factors,and the model was tested for fitness and accuracy.The results show that the accuracy of the model is good and it has a certain warning effect.Finally,it puts forward relevant prevention suggestions on the control of financial risks of real estate companies,aiming to play a guiding role in real estate companies' early warning research on financial risks.