毕业万科股份有限公司融资方式分析.docVIP

本科生毕业论文 万科股份有限公司融资方式分析 院系名称 会计学院 姓 名 学 号 专 业 财务管理 指导教师 2015年5月30日 摘要 经过多年来的高速发展，房地产产业已经成为我国的支柱产业Z-,对国民经济发 展的影响重大。房地产产业属于资金密集型产业，投资规模大、周期长、成本高，需要 巨大的资金支持，但是冃前国内融资渠道狭窄，而口融资问题之于房地产企业而言无疑 是至关重要的。因此，研究分析房地产企业融资方式，并提出合理建议，对于我国房地 产行业的发展和国民经济的运行都有着重大意义。 本文根据我国现冇经济特点，基于企业融资理论，运用比较、分析、案例研究等方 法，讲述了我国房地产企业几种常见融资方式的利弊，介绍了资木结构相关理论，以及 不同情况下房地产企业融资方式的选择。万科股份有限公司，作为国内房地产业的龙头 之一，在资本市场融资过程中有很多卓越的融资策略，非常值得其他房地产行业借鉴。 而且，本文通过对其融资状况、资本结构状况、融资能力的分析，得出了一条重要启 示，万科股份有限公司能够通过灵活运用资本市场进行融资，从而带来企业快速冇效的 发展。另外，针对我国房地产业现状，本文提出了一些相应的建议，如积极推动房地产 证券化、政府应支持并监督、及时调整自身融资方式、尽可能规避风险等，旨在促进房 地产企业融资方式多元化，这样不仅有利于企业增强实力，对房地产企业和国民经济的 持续发展也起到了积极的作用。 关键词：房地产金业融资；多元化融资；融资方式分析；万科 Abstract With the rapid development during these years, real estate industry has been one of supporting industries in China, which plays a significant role in our national economy. The real estate industry is a kind of capital-intensive industry with large-scale, long-term, high-cost, requiring enormous investment. But, Domestic financing has a narrow approach in current, and it is definitely essential to the real estate enterprise. In consequence, it will make sense for the development of real estate industry and the national economy to research the financing mode of estate enterprises as well as offer some rational proposal. Based on the economic characteristics and corporate financing theory, this thesis adopts the method of comparing, analyzing, studying cases. It analyzes the advantages and disadvantages of several common financing modes of domestic real estate enterprises, also introduces some relevant theory of capital structure and the choice of real estate enteiprise financing modes under different circumstances. China vanke co., LTD, as a leading one of the domestic real estate enterprises, has many superior financing strategies in the process of capital market financing, which is worth being a reference for other enterprises. By means of analysis of its financing situation, capital structure, financing capacity, it comes to a