Research on Structural Financing Difference of Shareholders in Real Estate Industry

Abstract

This paper takes China Merchants Shekou Industrial Zone Holding Co., LTD., Vanke Enterprise Co., LTD., and Country Garden Holdings Co., Ltd. as examples to explore the financing differences between state-owned enterprises, state-owned equity enterprises and private enterprises. By searching the relevant financial data and credit rating from 2020 to 2022, the advantages and disadvantages of the financing of the three enterprises are analyzed from two aspects financing ability and financing cost. It can be concluded that state-owned enterprises, state-owned equity enterprises and private enterprises in the financing conditions are not the same. State-owned enterprises are more likely to be supported by the government. They have good financial credit and stable development; State-owned equity enterprises will also benefit from government backing; Private enterprises need to bear higher financing costs and corresponding risks, but their strong operating capacity and flexibility allow them to occupy a place in the market. With the twists and turns of real estate enterprises in recent years, enterprises need to constantly improve and standardize market behaviors, carry out diversified financing, actively adapt to the national economic environment, improve their own structure, and formulate strategies conducive to the long-term development of enterprises, to achieve stable development in the industry.