Study on the Influencing Factors of Financing Ability of Real Estate Listed Companies

In recent years, due to the rich profits in the real estate industry, more and more companies join the ranks to share a share of the pie, which leads to the uneven quality of the real estate industry, and the continuous emergence of bad market behaviors such as real estate speculation and bubble real estate, which has brought a negative impact on the real estate industry. In order to reverse this unfavorable situation, the state has also introduced some policies to regulate the real estate industry. With the introduction of some national tax policies and financial policies, the real estate enterprises have some capital difficulties, which will eventually hinder the further development of the real estate industry. Therefore, the real estate industry should develop vigorously, especially the development of listed real estate companies are inseparable from stable financing. Therefore, it is of great theoretical and practical significance to refine the influencing factors of the financing ability of real estate listed companies and determine the influence intensity and direction, which will enrich the theory of enterprise financing and optimize the financing structure of real estate listed companies. This article first related affecting factors of real estate financing ability of listed companies at home and abroad literature, using the factor analysis method to the real estate listed company financing ability influence factors of multiple indexes for sorting, construct the real estate financing ability evaluation index system of influencing factors of listed companies, on the basis of this place, design with the use of multiple regression analysis the real estate listed companies financing ability and the factors influencing the regression model. Excel, SPSS and other software were used to conduct data operation and processing on the model, and the output results of operation were summarized and the following research conclusions were drawn. Firstly, using the factor analysis method to the real estate listed company financing ability will influence factors of multiple indices for sorting, finally get the real estate listed company financing ability of the five key factors of affecting factors namely profitability factor (F1), short-term debt paying ability factor (F2), capacity factor (F3), development capacity factor (F4), the company scale factor (F5). Secondly, the short-term solvency factor has a significant negative effect on the financing ability (asset-liability ratio) of real estate listed companies. Thirdly, the development ability factor has a significant positive effect on the financing ability (asset-liability ratio) of real estate listed companies. Fourthly, the company size factor has a significant positive effect on the financing ability (asset-liability ratio) of real estate listed companies. Fifthly, there is no significant causal relationship between profitability factor and operating ability factor and financing ability (asset-liability ratio) of real estate listed companies.