中国南车融资策略研究

发布时间：2018-03-18 04:10

本文选题：中国南车　切入点：融资策略　出处：《西南交通大学》2013年硕士论文　论文类型：学位论文

【摘要】：近年来,中国轨道交通建设得到了快速发展,铁路营业里程和城市轨道交通建设里程已位居世界前列。由此,轨道交通装备制造也得到了前所未有的发展。“十二五”期间,轨道交通建设的强大投资仍将保持对装备制造的旺盛需求。中国南车(中国南车股份有限公司的简称)来源于2000年国务院机构改革,从铁道部脱钩分立重组并于2008年整体改制的境内外(A+H)上市公司,是一家主要从事铁路机车、客车、货车、动车组、城轨地铁车辆及主要零部件制造和修理的轨道交通装备制造企业。占有国内轨道交通市场份额50%以上,是国内仅有两家轨道交通制造集团之一。但是,面对轨道交通良好的发展机遇和作为公众公司的上市公司,如何合理安排融资规模和策略,适应轨道交通发展的配套要求,最终实现中国南车的稳健快速发展已成为企业财务管理的重要任务。本文结合融资管理相关理论和方法,系统分析了中国南车的融资现状和轨道交通的市场现状,结合“十二五”铁路客货运输市场和城市轨道交通市场需求,预测机车车辆装备的需求量,系统分析各项融资策略的优势和劣势,进而提出适合中国南车的融资策略和具体建议。本文研究的方案以公司现有资源和能力为依据,在对外部环境进行充分论证和分析的基础上进行融资策略的思考和定位,不仅能帮助中国南车明确现有的资源和能力,掌握公司内部管理的现状问题,为进一步改善公司内部管理,提升公司运行效益提供参考和依据,更进一步明晰了企业发展的外部环境,为企业在激烈的市场竞争中,合理利用各种资金资源以取得核心竞争力从而保证公司可持续发展提供了方向和支撑。
[Abstract]:In recent years, the construction of rail transit in China has been developing rapidly, and railway mileage and urban rail transit construction mileage have been among the top in the world. The strong investment in rail transit construction will still maintain a strong demand for equipment manufacturing. The China Southern Railway Company (abbreviated as China Southern car Co., Ltd.) comes from the State Council's institutional reform in 2000, the separation and reorganization of the Ministry of Railways and the overall restructuring of the Ministry of Railways in 2008. It is a listed company mainly engaged in railway locomotives and passenger cars. A manufacturing enterprise of rail transit equipment for the manufacture and repair of freight cars, EMU, metro vehicles and its main components. It has a market share of more than 50% in the domestic rail transit market, and is one of only two rail transit manufacturing groups in China. However, Facing the good development opportunity of the rail transit and the listed company as the public company, how to arrange the financing scale and the strategy reasonably to meet the supporting requirements of the rail transit development, Finally, realizing the steady and rapid development of CSR has become an important task of enterprise financial management. Based on the theory and method of financing management, this paper systematically analyzes the present situation of financing and the market situation of rail transit, combining with the market demand of passenger and freight transportation of the 12th Five-Year Plan and the market of urban rail transit. In order to forecast the demand of locomotive and rolling stock equipment, the advantages and disadvantages of various financing strategies are analyzed systematically, and the financing strategies and specific suggestions suitable for CSR are put forward. Based on the existing resources and capabilities of the company, and on the basis of the full demonstration and analysis of the external environment, the scheme studied in this paper can not only help CSR to identify the existing resources and capabilities, but also make the financing strategy think and position on the basis of full analysis of the external environment. To grasp the current situation of the internal management of the company, to further improve the internal management of the company, to enhance the operating efficiency of the company to provide a reference and basis, to further clarify the external environment for the development of enterprises, for enterprises in the fierce market competition, Reasonable use of various financial resources to achieve core competitiveness to ensure the sustainable development of the company to provide direction and support.
【学位授予单位】：西南交通大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F275;F426.4

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