Research On Cash Flow Management Of Greenland Holding Co.Ltd.

After 20 years of rapid development,China's real estate industry has gradually become a pivotal industry in China's economic development.At the same time in the rapid development of real estate industry is accompanied by some crisis and issues:industry overall indebtedness degree is high,as a capital-intensive industry,real estate enterprise's survival and development needs to have enough money to support,a huge amount of debt required to repay principal and interest,for large-scale land hoarding and produce huge amounts of inventory and accounts receivable due to expand sales surge makes would greatly increase the risk of cash flow problems.Cash is real can best embody the enterprise's solvency,profitability and growth ability of assets,the company law stipulated in the enterprise is unable to repay maturing debt can be identified as bankruptcy,towards the silver age of real estate companies cope with its cash flow liquidity,profitability and growth,higher requirements are put forward.Based on green land holdings group Co.LtD.According to its annual report of listed after its overall and announced as the breakthrough point,through the analysis of the cash inflows and outflows two dimensions in the green land holdings group Co.LtD.The present situation of the cash flow management,found green land holdings group Co.LtD.,the existing structural imbalance of cash flow,debt paying ability weak,business profits are low quality and refinancing difficult problems,such as,again through the structure of debt and asset,funding and other off-balance-sheet information such as further analysis found that Green land holdings group Co.LtD.The above problems is the main internal cause its inventory takes up a lot of money,business profitability is not strong,collection management too radical,and the negative impact by default.Finally according to the actual situation proposed the optimization of capital structure,strengthening the core profitability,establishing the mechanism of group cash flow over,positive to inventory and strengthen the receivable management countermeasure,expect to green land holdings group Co.LtD.,cash flow management to improve and make a contribution.