The real estate industry belongs to the capital-intensive industry, with a large amount of investment, high operating risk, long development cycle, supply chain length, and other characteristics; so, the real estate business need to improve the efficiency of working capital management, in order to enhance the competitiveness of the real estate enterprises. This paper analyzes the factors that affect the effective operation of working capital with principal component analysis to obtain the evaluation measuring the capital management efficiency of real estate enterprises. Four principal components are operational efficiency, operation ability, solvency, and marketing capability, respectively. The established evaluation model for the real estate enterprise provides managers with scientific and visual management basis.
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