Research On Financial Risks Of Real Estate Coroprate And Its Controlling

As a capital-intensive enterprise,a real estate company can only maintain the operation of the enterprise only if it has enough funds to support the nation's growing housing needs.Looking at the development process of real estate companies financing,we can find that there are two types of financing methods for real estate companies,which are equity financing and debt financing.The equity financing method is a kind of long-term operating capital without repayment pressure.This article mainly analyzes the case companies from the perspective of liabilities by applying the financing risk analysis method.In recent years,under the policy environment of monetary easing,real estate and other industries that are more sensitive to monetary policy have taken the lead to benefit.Funds have flowed into the real estate industry and created an irrational prosperity of real estate.With the continuous frequent financing activities of real estate companies,the asset-liability ratio has remained high for a long period of time.Under high-leverage operations,the company will bring about a loss of debt ratio,unable to reasonably support the rapid expansion of the company's scale,and may eventually lead to the break of cash flow.As the typical real estate industry,the real estate industry obviously has the attributes of finance and has a strong dependence on financing channels.How to choose a safe and effective financing method is an enduring research topic for rea l estate companies.Therefore,it is very necessary to analyze the financial risks of the company from the perspective of financing of real estate companies.The basic causes for the formation of corporate finance financial risks from the internal and exte rnal factors include economic risks,policy risks,business risks and project risks.In order to deal with this kind of risk,in the second part of the article,this article introduced the definition of risk,the definition of financial risk,the financing channels,and the financing risk assessment model.In the third part of the article,this article introduces the operating conditions and financial status of the case company Z,applies the financial leverage coefficient method and compares it with the industry.The fourth part of the article first briefly introduces the basic causes of risk,and uses the analytic hierarchy process to analyze the causes of the financing risks of real estate companies Z.In the fifth part of the article,according to the actual situation of company Z,we have calculated the value of the financing risk under the different capital structure for 10 years,and formulated a relatively specific risk control strategy for it,that is,we must reasonably match the proportion of each of the equity financing program,debt financing program,and portfolio financing program,and adopt effective risk control measures from different perspectives.