房地产企业财务风险的探讨

Exploration of the Financial Risks of Real Estate Enterprises

随着房地产企业的快速发展,财务风险也会逐渐加大。这是房地产行业自身特点带来的财务风险。同时,利率和通货膨胀、不稳定的现金流、国家宏观调控等因素也带来财务风险。房地产企业财务风险产生的原因,从宏观经济环境角度分析,主要是国家政策调整及宏观经济形势变化、财务管理环境的复杂性、销售资金回笼率较低等因素;从微观经济环境角度分析,主要是资本结构不合理、开发企业风险意识薄弱、人员素质较低、内部控制较为薄弱等因素。

With the rapid development of real estate enterprises, financial risks will gradually increase. The financial risks of the real es-tate industry are brought by its own characteristics. Meanwhile, interest rates and inflation, unstable cash flows and the national macro-control also cause financial risks. From the perspective of the macroeconomic environment, the risk drivers are national policy ad-justments and changes in the macroeconomic situation, the complexity of the financial management environment and lower sales capital return. From the perspective of the macroeconomic environment, the risk factors are irrational capital structure, weak risk awareness of de-veloped enterprises, low quality of personnel and weak internal control.