Research On Financial Risk Control Of XL Affordable Housing Project In JY Real Estate Company

As for the real estate companies,though the market is vast,but many problems such as the loss and the inferior quality will probably come out in the process of the construction.The project construction needs a large amount of funds,resources in large quantity,high quality requirements,the design of too many links,the construction delay,the complicated multiple interests and so on,which may make it a incidence area of the economic crime of corruption.In order to strengthen the healthy and normal sustainable development of affordable housing construction companies,it is the high time to strengthen the security of financial risk control of housing development project.Firstly,the paper introduces the general situation of JY company and XL project,analyzes the factors that affect the financial risk of XL security housing project from the aspects of politics,economy,market and itself,and identifies the financial risk of each stage of security housing project.Then,on the basis of financial risk identification and analysis of affordable housing projects,the paper selects and determines the financial risk evaluation index,and establishes the financial risk index system.In the paper,AHP and comprehensive evaluation method are used to construct the financial risk assessment model of affordable housing project.Combined with the operation data of JY XL affordable housing project,the financial risk of JY XL affordable housing project at various stages is evaluated.Finally,the paper formulates the JY company security housing project financial risk control strategy from the bidding stage,financing stage,construction stage and risk transfer stage.Through the research,the following conclusions are reached.(1)The main factors affecting the financial risk of the XL affordable housing project of JY Real Estate Company are policy,economy,market and enterprise itself.(2)The main financial risks faced by JY Real Estate Company's XL indemnificatory housing project are bidding and purchasing risk,price examination risk,land requisition and relocation risk,project construction risk,project cost control risk and transfer financial risk.(3)Through the analysis of financial risk assessment model of affordable housing project,we can see that the financial risk faced by JY Real Estate Company XL affordable housing project is in a controllable range.