保利地产资本结构优化设计

The Research of Poly Real Estate's Capital Structure Optimization

房地产行业作为国民经济的支柱产业,亦是资金密集型行业,其健康发展的关键在于能否高效地筹集与使用资本;能否以最优化的资本结构经营运作,从而以最低的财务风险保障企业的可持续发展。因此,本文选取保利地产作为研究对象,通过对该公司2006~2015年的资产负债结构比例分析、长短期偿债能力分析、存货周转分析揭示其资本结构现状并发现存在的问题,再结合影响其资本结构的内外部影响因素分析,针对性的提出相关优化建议。

The real estate industry as the pillar industry of national economy also is a capital-intensive industry,its healthy development is the key to whether effective raising and the use of capital;Whether to the operation of the optimization of capital structure,thus at the lowest financial risk guarantee the sustainable development of the enterprise.Therefore,this article selects poly real estate as the research object,through to the company from 2006 to2015 the proportion of assets and liabilities structure analysis,both short-term and long-term debt paying ability analysis,inventory turnover analysis reveals the capital structure present situation and discover the existing problems and in combination with affect the capital structure of the internal and external factors affecting the analysis,targeted put forward the relevant optimization advice.