Research On The Relationship Between Financing Structure And Business Performance Of Real Estate Listed Enterprises

Along with the development of the real estate industry,real estate enterprise's financing ability increases,the proportion of debt financing is also increasing,the larger the financing proportion can make full use of financial leverage,the adjustment of the real estate enterprise financing structure and closely related to the merits of the business performance,the adjustment of the debt financing structure to have great influence on the operating performance but a corresponding increase the financial risk of the enterprise,enterprise credit will be tested To some extent,market economy is a credit economy,and the debt financing structure of enterprises is an important link in the evaluation of business performance,a reasonable debt financing structure is an important guarantee for real estate enterprises to optimize business performance and credit economyFirst of all,according to the present situation of the real estate industry characteristics,application of hypothesis and model building method,calculation of real estate enterprise debt financing structure and the relationship between enterprise management performance,analysis of enterprise debt financing structure adjustment impact on business performance,to real estate company performance optimization method is proposed,and achieve the goal of ascension enterprise value Use of the existing research results,the relationship between debt financing structure and corporate performance related variable hypothesis,according to the annals of 20 listed real estate companies,establish a multivariate regression model,using SPSS 19.0 to verify this hypothesis,calculation of real estate enterprise debt financing structure element function relationship between corporate performance and use of research results,optimize the structure of debt financing for real estate enterprisesSecondly,by using the method of system dynamics to study the real estate enterprise's solvency and profitability,by the viewpoint of system analysis the real estate business to predict the complex system,and according to the operation and management activities of the main characteristics of real estate enterprises,building enterprise's solvency and profitability of the two systems,for cofco property set the variables in the system dynamics model Anglogic software was used to carry out system simulation to obtain simulation results.Finally,part of the index simulation values were selected for analysis to observe the interaction between factors and analyze the sensitivity of factors,so as to improve the solvency and profitability of real estate enterprisesTherefore,on the whole,it is necessary to strengthen the prediction and analysis of bank loan prepayment,accounts payable and other liabilities,improve the overall grasp of capital chain risks and the ability of effective prevention and control,and improve the advance prediction and real-time warning ability of enterprise capital chain risks.In theory,in the real estate enterprise financing structure adjusted respectively,if the adjustment of debt financing,asset-liability ratio should be between 0.7 and 0.8,adjust the equity financing,equitmultiplier should be between 3 and 4 at the same time,to the real estate enterprise financing structure adjustment,the asset-liability ratio is 0.82,enterprise's profit ability to achieve the optimal;From the enterprise point of view,real estate enterprise financing structure should prefer to debt financing,under the same level of profitability,financing structure and prefer to debt financing is given priority to,complementary the financing structure of debt financing to equity financing of the funds raised which interest can deduct taxes but also should pay attention to the influence of solvent,asset-liability ratio should not be too much,think in the optimum state of between 0.7 and 0.8...