Proceedings of the 2nd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2018)

Financial Stress Testing of Real Estate Enterprise

Authors
Yao Long
Corresponding Author
Yao Long
Available Online March 2018.
DOI
10.2991/iccese-18.2018.192How to use a DOI?
Keywords
real estate enterprise; financial pressure; stress testing
Abstract

In this paper, we choose “Stress Testing", which is widely used in the financial field, to analyze the risk pressure of the real estate industry. The real estate industry's pressure factors are divided into internal and external factors. Internal factors mainly reflect the enterprise inventory turnover, liquidity and solvency; the external factors are mainly macro-economic data indicators. The study found that inventory turnover rate and quick ratio have impact on the real estate business cash flow; both respectively represent the liquidity pressure and debt service pressure. In the external factors, the loan interest rate and the real estate industry boom index have influence on inventory turnover rate and quick ratio. Hence, it can be concluded: Real estate enterprises have liquidity pressure and debt service pressure, and the external macroeconomic factors, such as loan interest rates and real estate industry boom index, indirectly affect the real estate business operation.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2018)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
March 2018
ISBN
10.2991/iccese-18.2018.192
ISSN
2352-5398
DOI
10.2991/iccese-18.2018.192How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yao Long
PY  - 2018/03
DA  - 2018/03
TI  - Financial Stress Testing of Real Estate Enterprise
BT  - Proceedings of the 2nd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2018)
PB  - Atlantis Press
SP  - 839
EP  - 841
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccese-18.2018.192
DO  - 10.2991/iccese-18.2018.192
ID  - Long2018/03
ER  -