Risk Analysis of Real Estate Enterprises Based on the Z-Score Model

Jun Zhong; Ting Huang; Jing Cao

doi:10.54097/9cavc964

Authors

Jun Zhong
Ting Huang
Jing Cao

DOI:

https://doi.org/10.54097/9cavc964

Keywords:

Z-score Model, Financial Risk, Financial Analysis, Greenland Group.

Abstract

In recent years, the news of China's real estate industry's violent thunder is endless, so it is more important for major real estate enterprises to identify, analyze and prevent financial risks. This paper takes Greenland Group as the research object, selects its financial data from 2015-2022, calculates the relevant financial indicators, adopts the method of combining traditional financial risk analysis and Z-score model, and researches that Greenland Group's solvency, operating ability and profitability are weak, and its financial situation has been in the bankruptcy zone, with high financial risk; and analyzes the reasons for the generation of financial risk. Feasibility suggestions are put forward to help Greenland Group reduce the overall financial risk and provide reference for the majority of real estate enterprises.

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