摘要
房地产行业对我国现阶段国民经济发展发挥着至关重要的作用,同时其高杠杆风险也是利益相关者关注的重点。本文运用因子分析法对2014-2019年长江经济带51家房地产上市公司债务承载能力进行评价分析。研究结果表明,除部分公司债务承载能力稍显孱弱,长江经济带大部分房地产上市公司都有较好的债务承载能力,但各上市公司在偿债能力、盈利能力和经营能力等三方面都有着不同程度的短板。针对长江经济带房地产企业债务承载能力存在的问题,提出坚持去杠杆、合理运用资金、促进转变企业定位等建议,以期为房地产行业健康可持续发展提供科学依据与决策参考。
The real estate industry plays a vital role in China’s current national economic development,and its high leverage risk is also the focus of stakeholders.This paper uses the factor analysis method to evaluate and analyze the debt carrying capacity of 51 real estate listed companies in the Yangtze River Economic Belt(YREB)from 2014 to 2019.The results show that except the debt carrying capacity of some companies is slightly weak,most of the real estate listed companies in the YREB have good debt carrying capacity.Still,the listed companies have weaknesses in solvency,profitability,and operating ability to varying degrees.Given the problems existing in the debt carrying capacity of real estate enterprises in the YREB,this paper suggests adhering to the deleveraging,rational use of funds and promoting the transformation of enterprise positioning.These findings will provide a scientific basis and decision-making reference for the healthy and sustainable development of the real estate industry.
作者
井沛然
刘枫
郭利丹
吴玥葶
JING Peiran;LIU Feng;GUO Lidan;WU Yueting(Business School,Hohai University,Nanjing Jiangsu 211100,China)
出处
《宁波开放大学学报》
2022年第2期58-63,共6页
Journal of Ningbo Open University
基金
2020年中央高校基本科研业务费项目(B200203173)
2020年江苏省研究生科研创新计划项目(KYCX20_0558)。
关键词
房地产行业
因子分析法
长江经济带
上市公司
债务承载能力
Real estate industry
Factor analysis method
Yangtze River Economic Belt
Listed company
Debt carrying capacity
