YD房地产开发公司融资管理研究

发布时间：2018-05-25 17:30

本文选题：房地产融资 + 财务风险　；参考：《东北石油大学》2014年硕士论文

【摘要】：房地产业是典型的资金密集型企业，但国内多数房地产公司经营管理模式粗放，对融资模式与策略并未进行精细的管理与详细的规划。如果说这样的管理能力与水平还勉强能适应过去10余年房地产行业的高速发展的话，那么对于自2012年开始的大幅度、持续性甚至被称为“史上最严厉”的房地产调控政策，房地产开发企业粗放的财务管理，尤其是对融资管理的轻视，，必将很难度过这个真正的房地产行业的“寒冷冬天”。本文选择以YD房地产开发公司为案例，通过对该公司融资管理中存在的问题进行分析，并试图以此来管窥目前我国房地产企业财务与融资管理的现状与问题，通过理论探索与问题分析来构建适合该公司，乃至国内部分房地产企业需要的融资管理框架与战略规划实施方案，并以此来检验融资管理理论与方法在国内房地产行业的应用效果，丰富完善融资管理的理论与方法，这也是本文的理论意义所在。论文共分为五个部分：首先是绪论部分，主要介绍了本文的研究背景及意义，研究思路与方法。第二部分是YD房地产开发公司概况，主要介绍了集团公司的概况以及公司开发项目的基本情况。第三部分是公司的融资情况相关的信息。第四部分对YD房地产开发公司融资管理中问题的分析。论文分析了公司存在的以下几个方面的融资问题：简单、单一的融资渠道；大量的间接融资安排和剩余的自有资金，融资结构简单；公司的融资成本全部为借款利息，这使得公司的融资成本高，在一定程度上影响了公司的财务绩效；公司的融资风险方面的问题。第五部本文提出了以下管理对策：加强融资项目的环境分析，拓展多元的融资渠道，平衡公司内部融资结构，控制融资成本以及强化融资风险管理。
[Abstract]:The real estate industry is a typical capital-intensive enterprise, but most of the domestic real estate companies' management mode is extensive, and the financing mode and strategy are not carefully managed and detailed planning. If such management ability and level can barely adapt to the rapid development of the real estate industry in the past 10 years or so, then for the large scale since 2012, the persistence even has been called "the most severe" real estate regulation and control policy in history. The extensive financial management of the real estate development enterprises, especially the contempt of the financing management, will certainly be difficult to get through the "cold winter" of the real estate industry. This paper chooses YD Real Estate Development Company as a case to analyze the problems existing in the financing management of the company, and tries to explore the current situation and problems of finance and financing management of real estate enterprises in China. Through theoretical exploration and problem analysis to construct the financing management framework and strategic planning implementation plan suitable to the needs of the company and even some domestic real estate enterprises. And to test the application of financing management theory and method in the domestic real estate industry, enrich the theory and methods to improve the financing management, which is the theoretical significance of this paper. The paper is divided into five parts: first, the introduction part, mainly introduces the research background and significance, research ideas and methods. The second part is the general situation of YD real estate development company, mainly introduces the general situation of the group company and the basic situation of the company development project. The third part is the information about the financing situation of the company. The fourth part analyzes the financing management problems of YD Real Estate Development Company. The paper analyzes the financing problems of the company in the following aspects: simple and single financing channel; a large number of indirect financing arrangements and surplus own funds, the financing structure is simple; the financing cost of the company is all borrowing interest. This makes the financing cost of the company high, and to some extent affects the financial performance of the company; the financing risk of the company. The fifth part puts forward the following management countermeasures: strengthening the environmental analysis of financing projects, expanding diversified financing channels, balancing the internal financing structure of the company, controlling the financing cost and strengthening the financing risk management.
【学位授予单位】：东北石油大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F299.233.42

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