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1、本科生毕业论文(设计)河南建业地产有限公司融资状况调查分析 姓 名李朋燕学 号200701080088 专 业财务管理指导教师周宇副教授 2011年5月30日16摘要近年来,作为人们基本生存发展需要之一的房地产行业,成为社会关注的焦点和舆论的热点。房地产行业是资本密集型行业,具有投资大、风险高、周期久、供应链长、地域强的特点。针对房地产的繁荣和房价的一路高升,国家相继出台了一系列政策对其进行调控和规范,同时也加大了开发商的融资难度。房地产融资方式的选择在这样的背景下就显得格外重要。本文通过对河南建业地产有限公司的内外部环境和部分财务
2、数据的分析,发现建业公司融资方式单一,权益融资少,过度依赖债务融资;短期借款减少,长期借款增加;导致建业公司资产负债率高,融资依赖商业银行体系,对信贷政策的变动反映强烈。本文通过分析指出建业具有雄厚的背景实力和利用外资的机会,同时也面对着国际资本的冲击威胁和负债率高的劣势。提出了采用多元化融资方式,扩大权益融资,创新融资模式是建业融资健康发展的良好方法。关键词:房地产;融资方式;多元化融资16AbstractAsoneofindustriesexistedforpeople'ssurvivalanddevelopmentneeds,therea
3、lestateindustryhasattractedmoreandmoreattentionofsocietyandpublicinrecentyears.RealestateindustrybelongstoCapitalCenteredIndustryanditischaracterizedbylargeinvestment,highrisks,longcycle,longsupplyingchainandstronggeographicalfeatures.Atpresent,thisindustrytendstobemoreprosp
4、erousandthehouse'spricekeepssoaringalltheway.Asaresult,governmenthasworkedonaseriesofpoliciestocontrolandregulatethismarket.However,thesemeasuresalsoincreasedthedifficultyoffinancingfordevelopers.Underthisbackground,managementofrealestatefinancingcomestobeveryimportant.Prope
5、rfinancialmanagementwillsupplysufficientcapitalforcompany'sdevelopmentanddeducethecostoffinancing.It'sanefficientwayforcompany'sfurtherdevelopment.Thispaperanalysestheinternalandexternalenvironment,somefinancialdataaboutHenanJianyeRealEstateGroupCo.,Ltd,andfindsthatthiscompa
6、nyhasasinglefinancing,littleequityfinancingandexcessiverelianceondebtfinancing.Theshort-termborrowingreducesandlong-termborrowingincreases.Theabovereasonsresultinthatthiscompanyhasaasset-liabilityratio,relyoncommercialbankingsystemforfinancingandhasastronglyreflectforcreditp
7、olicychanges.ThispaperthroughanalyzingpointsoutthatJianyehasastrongbackgroundstrengthandhasachancetoutilizeforeigninvestment,moreover,facesthethreatofinternationalcapitalimpactandthedisadvantageofhighdebtratio.Andputforwardtousingmultiplefinancingmethod,expandingequityfinanc
8、ingandinnovatingfinancingmodel,whichisagoodwayforhealthydevelopmentofJianye