作者机构：
[Zheng Huikai] Hunan City Univ, Sch Urban Management, Yiyang 413000, Hunan, Peoples R China.
会议名称：
10th International Conference on Measuring Technology and Mechatronics Automation (ICMTMA)
会议时间：
FEB 10-11, 2018
会议地点：
Changsha, PEOPLES R CHINA
会议主办单位：
[Zheng Huikai] Hunan City Univ, Sch Urban Management, Yiyang 413000, Hunan, Peoples R China.
会议论文集名称：
International Conference on Measuring Technology and Mechatronics Automation
关键词：
Real estate SME;Debt financing efficiency;Matter element analysis method
摘要：
On the basis of analyzing the evaluation index of the debt financing efficiency of the real estate SME, combined with the related theory of matter element analysis, it is applied to the comprehensive evaluation of the debt financing efficiency of the real estate SME. The example shows that it is effective and feasible.
作者机构：
[Zheng, Huikai] Hunan City Univ, Sch Urban Management, Yiyang 413000, Hunan, Peoples R China.
会议名称：
3rd International Conference on Smart City and Systems Engineering (ICSCSE)
会议时间：
DEC 28-30, 2018
会议地点：
PEOPLES R CHINA
会议主办单位：
[Zheng, Huikai] Hunan City Univ, Sch Urban Management, Yiyang 413000, Hunan, Peoples R China.
关键词：
Real estate SMEs;debt financing;source structure;structure optimization
摘要：
This paper analyzes the financing cost and the capital availability rate and risk of different sources of real estate SME debt financing. Combining the fuzzy analytic hierarchy process to analyze the relative importance of different sources of debt financing, the target pluming model is used to analyze the optimal debt financing source structure of representative real estate SMEs in Hunan Province. The results show that real estate SMEs should optimize the source structure of debt financing to reduce financing costs and financing risks.
作者机构：
[Xie, Chi] Hunan Univ, Coll Business Management, Changsha 410082, Hunan, Peoples R China.;[Zheng, Huikai] Hunan City Univ, Coll City Management, Yiyang 413000, Peoples R China.
会议名称：
2nd International Conference on Complex Science Management and Education Science (CSMES)
会议时间：
SEP 19-20, 2015
会议地点：
Changsha, PEOPLES R CHINA
会议主办单位：
[Xie, Chi] Hunan Univ, Coll Business Management, Changsha 410082, Hunan, Peoples R China.^[Zheng, Huikai] Hunan City Univ, Coll City Management, Yiyang 413000, Peoples R China.
关键词：
Real estate enterprises;Debt financing efficiency;Entropy
摘要：
Based on learning from the relevant research results, we construct the index system of listed real estate companies' debt financing efficiency, including funds, debt financing costs, enterprise value, debt financing structure and financing risk. The Chinese A-share real estate listed enterprises in the Shanghai and Shenzhen Stock Markets are selected as experimental samples and then quantitative measure and analyze their debt financing efficiency by using entropy method. The results suggest that the mean composite score of debt financing efficiency has been lower than 0.2 from 2009 to 2013, however, it has been rising from 2011; Funds rate, the main business revenue growth and receivables to meet with rate are the most important indicators, and the weight of these three indicators is up to 0.7.
