Corporate Financial Risk from the Perspective of Financing Structure: Evidence from Sunac China

Abstract

With the rapid development of the real estate economy, the importance of financial risk analysis for the survival and development of enterprises has become increasingly apparent. In addition, it has also attracted many concerns from the academic and industry circles. On this bais, this study initially compiles the sources and sums of money used over the previous five years to develop China's real estate, and extensively searches and organizes China's real estate policies. Taking Sunac China as an example, by analyzing Sunac China's financial statements to judge its financing characteristics and structure, according to research, China's biggest issues with real estate financing are that China's real estate enterprises generally have high debt ratios, single financing models and imperfect systems. Moreover, suggestions are put forward on improving real estate finance legislation and optimizing enterprise management capabilities. It is hoped that these results can provide reference opinions for promoting the diversified development of real estate financing models.