Real Estate Enterprise Capital Structure Analysis and Optimization—The Case Study of Kaisa Group

Real estate industry is one of the pillar industries of the national economy. As the real estate industry develops rapidly, this capital-intensive industry’s funds demand is soaring. Therefore, in order to guarantee the healthy development of the real estate industry, a reasonable structure of enterprise capital is very important. From the perspective of corporate capital structure, this article takes Kaisa as an example for analysis. Kaisa’s financing activities in recent years are combined to understand the overall financing situation, and then adopt relevant financial indicators to analyze Kaisa’s solvency comprehensively. After the defects of capital structures are identified, several suggestions in optimizing capital structure will be given.