Empirical Analysis of Vanke Enterprise Financial Risk Model Based on Factor Analysis Method

Research Article
Open access

Empirical Analysis of Vanke Enterprise Financial Risk Model Based on Factor Analysis Method

Yaoxiang Lei 1*
  • 1 Zhejiang University of Technology    
  • *corresponding author zszj@zjc.zjut.edu.cn
Published on 10 November 2023 | https://doi.org/10.54254/2754-1169/39/20231956
AEMPS Vol.39
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-83558-099-8
ISBN (Online): 978-1-83558-100-1

Abstract

As the world’s economic recovery faces multiple pressures, the development of some enterprises has been impacted or even closed down. In particular, real estate enterprises are facing enormous competitive pressure and financial risks. Therefore, it is very necessary to establish a financial risk evaluation system for real estate enterprises. This paper establishes a risk evaluation system for the real estate industry, taking Vanke Enterprise as an example, using the factor analysis method and makes risk predictions for the whole finance. This paper collects 19 years’ worth of financial data from Vanke enterprises, uses the factor analysis method to analyze four parts of listed real estate companies’ solvency, profitability, operating capacity, and growth capacity, and establishes a risk warning model. The results show that the financial risk of Vanke enterprises has shown an obvious rising trend in recent years. Real estate enterprises need to adopt a variety of ways to raise funds, inject fresh blood, and meet their capital needs so as to reduce financial risk.

Keywords:

real estate Enterprises, factor analysis, financial risk, risk assessment, financial indicators

Lei,Y. (2023). Empirical Analysis of Vanke Enterprise Financial Risk Model Based on Factor Analysis Method. Advances in Economics, Management and Political Sciences,39,153-160.
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References

[1]. Zhang Runjun & Xue Hanqing. Empirical analysis of financial risk model of listed companies based on factor analysis. Intelligent Computer and Applications (06), 64-68. (2018).

[2]. Regina Andekina, Rakhila Rakhmetova. Financial Quality Evaluation of Listed Companies Based on Factor Analysis Method. Applied Mechanics and Materials, (13) 2247-2251 (2013).

[3]. Milind Kumar Jha & K. Rangarajan. Analysis of corporate sustainability performance and corporate financial performance causal linkage in the Indian context [J]. Asian Journal of Sustainability and Social Responsibility, (20), 5(2). (2020).

[4]. Zhang Guofu, Qu Wencong & Song Zikang. A study on Vanke’s financial performance under asset-light operation mode. National Circulation Economy (31), 81-84. (2022).

[5]. Zhang Yujie. Research on Performance Evaluation of JY Real Estate Company Based on Factor Analysis (Master’s Thesis, Henan University of Science and Technology) (2022).

[6]. Mao xiaoli. Identification, prevention and control of financial risks in real estate enterprises. Enterprise Reform and Management (23), 120-121. (2020).

[7]. Data, CSMAR, CSMAR (gtarsc.com).

[8]. Dong Yumin. Financial Risk Analysis of shipping enterprises based on Factor Analysis — taking SIPG Group as an example. Operation and Management.

[9]. Li Huijie & Cao Lidou. Research on Financial performance evaluation of listed companies in textile industry based on Factor analysis. Value Engineering (13), 134-135. (2012).

[10]. Chen Wenquan. Corporate financial risk identification and Countermeasures Analysis. Fortune Times (10), 18-19. (2021).

Cite this article

Lei,Y. (2023). Empirical Analysis of Vanke Enterprise Financial Risk Model Based on Factor Analysis Method. Advances in Economics, Management and Political Sciences,39,153-160.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

ISBN：978-1-83558-099-8(Print) / 978-1-83558-100-1(Online)
Editor：Canh Thien Dang
Conference website: https://www.icemgd.org/
Conference date: 6 August 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.39
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. Zhang Runjun & Xue Hanqing. Empirical analysis of financial risk model of listed companies based on factor analysis. Intelligent Computer and Applications (06), 64-68. (2018).

[2]. Regina Andekina, Rakhila Rakhmetova. Financial Quality Evaluation of Listed Companies Based on Factor Analysis Method. Applied Mechanics and Materials, (13) 2247-2251 (2013).

[3]. Milind Kumar Jha & K. Rangarajan. Analysis of corporate sustainability performance and corporate financial performance causal linkage in the Indian context [J]. Asian Journal of Sustainability and Social Responsibility, (20), 5(2). (2020).

[4]. Zhang Guofu, Qu Wencong & Song Zikang. A study on Vanke’s financial performance under asset-light operation mode. National Circulation Economy (31), 81-84. (2022).

[5]. Zhang Yujie. Research on Performance Evaluation of JY Real Estate Company Based on Factor Analysis (Master’s Thesis, Henan University of Science and Technology) (2022).

[6]. Mao xiaoli. Identification, prevention and control of financial risks in real estate enterprises. Enterprise Reform and Management (23), 120-121. (2020).

[7]. Data, CSMAR, CSMAR (gtarsc.com).

[8]. Dong Yumin. Financial Risk Analysis of shipping enterprises based on Factor Analysis — taking SIPG Group as an example. Operation and Management.

[9]. Li Huijie & Cao Lidou. Research on Financial performance evaluation of listed companies in textile industry based on Factor analysis. Value Engineering (13), 134-135. (2012).

[10]. Chen Wenquan. Corporate financial risk identification and Countermeasures Analysis. Fortune Times (10), 18-19. (2021).

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