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Chinese real estate industry after 20 years of tortuous development, has become a pillar industry in China, the economic beacon, the people's livelihood. Meanwhile, the real estate industry is a typical capital-intensive industry, real estate development is inseparable from the financial support. China's real estate corporate finance channels for a single, mainly from bank credit. This makes it difficult to achieve the real estate financing business optimization, facing financing bottleneck; while increasing bank risk, threaten the financial system safety. Recently, the State Council issued a series of successively money \In this paper, real estate listed companies as research object, from how the financing structure, financing costs, financing risks and financing capabilities in four areas of the real estate financing business optimization. First, the first two chapters are full of descriptions and theoretical groundwork part. The first chapter sets out the research background, the object and meaning of the second chapter of the real estate corporate finance theory and six commonly used financing instruments. Full corporate finance theory is the theoretical basis of six commonly used financing tool is the constituent elements of the financing package is below financing a prerequisite for optimization analysis. The second part is the focus of the article, including two chapters. Chapter III presents and analyzes the impact of financing optimized four factors, namely, the financing structure, financing costs, financing risks and financing capacity. And seeks to quantify these four factors, the financing model to prepare. Chapter IV, can be said that the financing structure of the close-up. Because the determination of the financing structure is a more complex matter, there is no definite rules. Therefore, the chapter discusses the determination of the financing structure, financing structure factors were analyzed using principal component analysis and multiple regression analysis to determine the model proposed financing structure. The third part, which is the fifth chapter, is the full text of the conclusions part. The first two parts of this chapter summarizes the financing on the basis of the principle of optimization and financing optimization model, and Poly Real Estate Group as an example, the practical application of finance optimization model for 2010 Poly Real Estate Financing optimized. This more systematic analysis of the factors listed real estate financing and accordingly proposed financing optimization model is intended to enable the financing of real estate listed companies act both timely manner to meet our capital requirements, but also in risk under conditions of moderate weighted average the lowest cost of capital. The model took into account the financing structure, financing costs, financing risk and financing capacity issues, the real estate listed companies and other listed companies financing optimization problem has a certain reference value.
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