基于模糊层次分析法的融资风险评价——以河北省房地产开发企业为例

目前我国房地产企业数量多,规模偏小,区域性很强,企业之间的竞争也越来越激烈。因此,对于大型房地产开发企业而言,行业竞争因素对其融资风险影响较小;对于中小型房地产开发企业而言,行业竞争因素对其融资风险影响较大。由河北省房地产开发企业融资风险评价的结果可以看出,"风险较大"所占比例最高,同时,各个风险因素的权重按从大到小的排序依次为:政策法律因素>企业财务状况因素>企业信誉因素>企业经营管理因素>宏观经济因素>行业竞争因素。

By investigation, the thesis analyzes the current financing situation of real estate development enterprises in Hebei province, and discusses the main internal and external financing modes. Then, from the macroscopic and microscopic views, the paper identifies influencing factors of financing risks based on financing modes, and constructs the financing risk evaluation model. Finally, the thesis evaluates the financing risks of real estate development enterprises by the fuzzy AHP method. The risk weights from the smallest to the largest are policy and laws, enterprise financial status, enterprise credit, enterprise operation and management, macro- economy and industrial competitions in turn. By synthetic analysis, it concludes that real estate development enterprises of I-Iebei province have larger financing risks.