房地产上市公司财务风险研究

摘要：我国近年来经济发展迅速,社会消费结构和产业结构都得以升级，房地产业成为我国社会经济发展的支柱产业。然而随着房价的不断飞涨，我国也通过颁布相关政策法规达到对房地产行业调控的目的，这使得房地产业将面临更大的财务风险，并且，房地产行业受整个社会经济状况和外界金融危机的影响比较大，因此房地产公司随时面临巨大的财务风险。本文通过分析影响房地产业财务风险的外部和内部因素，将财务风险分类，并选取指标从偿债能力、运营能力和盈利能力分析样本公司可能面临的财务风险，归纳出存在问题，为提高我国房地产上市公司财务风险管理水平提出解决的建议和措施。

关键词：房地产上市公司；财务风险；财务风险评价

Search on Financial Risk of Real Estate Listed Companies

Abstract：With the rapid development of China’s economy, industrial structure and social consumption structure have been upgraded, the China’s real estate industry has become a pillar industry of social and economic development as well. However, with the increasing house prices, China has promulgated new policies and regulations to adjust and control the real estate industry, which makes the real estate industry will face grater financial risk. Additionally, the real estate industry is affected by the whole socioeconomic status and the external financial crisis, as a result, the real estate companies is facing the huge financial risk at any time. This paper will classifies the financial risks, selects the indicators, and analyzes related financial risks from the solvency, operational capacity and profitability of the sample companies, by analyzing the internal and external factors that affect the financial risk of the real estate industry. In order to improve financial risk management level of the real estate listed companies in China, this paper also provides some suggestions and solutions.

Keywords: real estate listed companies; financial risk; financial discovery evaluation

0 引言 1

1 相关理论 1

1.1 财务风险界定 1

1.2 影响因素 2

1.2.1 内部因素 2

1.2.2 外部因素 2

2 房地产公司财务风险管理体系 3

2.1 房地产行业财务特点及控制措施 3

2.1.1 房地产行业特点 3

2.1.2 房地产上市公司财务风险分类 3

2.1.3 房地产业财务风险控制方法 4

2.2 指标选择 5

2.2.1 偿债能力分析 5

2.2.2 运营能力分析 6

2.2.3 盈利能力分析 6

3 案例分析 6

3.1 公司情况 7

3.2 分析指标 7

3.2.1 偿债能力分析 7

3.2.2 营运能力分析 11

3.2.3 盈利能力分析 13

3.3 分析结果 14

3.3.1 整体结果分析 14

3.3.2 存在问题分析房地产上市公司财务风险研究:http://www.youerw.com/kuaiji/lunwen_204475.html