ZS公司电站阀门产能扩建项目投融资方案设计
发布时间：2018-10-05 08:13
【摘要】：在企业成长过程中,每一次扩张都是一次破茧成蝶的蜕变。然而,对规模尚小、管理者经验不足的中小企业而言,蜕变则是一个艰难且蕴藏着巨大风险的过程。如何根据自身实际,制定适合的投资方案并对众多的融资手段和渠道加以利用获取发展所需的资金,已成为当前中小企业最迫切需要解决的问题。 ZS公司是一家生产电站阀门的专业企业,公司整体规模偏小,产品在国内市场所占份额不大。但由于公司部分产品拥有较为领先的技术,几年来业绩不断攀升,现有产能已不能满足市场需要,急需扩大产能。zS公司自有资金较为紧张,必须通过对外融资来解决项目建设资金。本文意在为ZS公司设计一套切实可行的投融资方案,为类似中小企业的投融资活动提供一点借鉴。 本文首先对“MM理论”、平衡理论、优序融资理论等成熟的企业融资理论做了梳理和探讨,并将之作为zs公司投融资方案的制订依据。其次,介绍了项目和公司概况,通过PEST分析,对项目可行性做了论证。再次,对中小企业外部融资渠道做了全面总结,设计了三套相对可行的融资方案,并通过对比选出一套最佳方案,在此基础上,对项目做了经济效益预测,制订了收益分配方案。最后为项目顺利实施制订了相关保障措施。
[Abstract]:In the process of enterprise growth, each expansion is a metamorphosis. However, for small and inexperienced SMEs, transformation is a difficult and risky process. How to make suitable investment plan according to their own reality and how to make use of many financing means and channels to obtain the funds needed for development has become the most urgent problem to be solved by small and medium-sized enterprises at present. ZS is a professional manufacturer of power plant valves, the overall size of the company is small, products in the domestic market share. However, due to the fact that some of the company's products have more advanced technology and its performance has been constantly rising over the years, the existing capacity can no longer meet the needs of the market, and the company needs to expand its production capacity. ZS's own funds are relatively tight. Project construction funds must be solved through external financing. The purpose of this paper is to design a set of feasible investment and financing scheme for ZS Company, and to provide some reference for the investment and financing activities of similar small and medium-sized enterprises. In this paper, the mature enterprise financing theories, such as "MM theory", "equilibrium theory", "preferential financing theory", and so on, are combed and discussed, and they are regarded as the basis for the formulation of investment and financing schemes for zs companies. Secondly, the project and the company are introduced, and the feasibility of the project is demonstrated by PEST analysis. Thirdly, it summarizes the external financing channels of small and medium-sized enterprises, designs three sets of relatively feasible financing schemes, and selects a set of best schemes through comparison. On this basis, the economic benefits of the project are forecasted. The scheme of income distribution has been worked out. Finally, the project is successfully implemented to formulate the relevant safeguards.
【学位授予单位】：西北大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F275;F426.4
本文编号：2252651
[Abstract]:In the process of enterprise growth, each expansion is a metamorphosis. However, for small and inexperienced SMEs, transformation is a difficult and risky process. How to make suitable investment plan according to their own reality and how to make use of many financing means and channels to obtain the funds needed for development has become the most urgent problem to be solved by small and medium-sized enterprises at present. ZS is a professional manufacturer of power plant valves, the overall size of the company is small, products in the domestic market share. However, due to the fact that some of the company's products have more advanced technology and its performance has been constantly rising over the years, the existing capacity can no longer meet the needs of the market, and the company needs to expand its production capacity. ZS's own funds are relatively tight. Project construction funds must be solved through external financing. The purpose of this paper is to design a set of feasible investment and financing scheme for ZS Company, and to provide some reference for the investment and financing activities of similar small and medium-sized enterprises. In this paper, the mature enterprise financing theories, such as "MM theory", "equilibrium theory", "preferential financing theory", and so on, are combed and discussed, and they are regarded as the basis for the formulation of investment and financing schemes for zs companies. Secondly, the project and the company are introduced, and the feasibility of the project is demonstrated by PEST analysis. Thirdly, it summarizes the external financing channels of small and medium-sized enterprises, designs three sets of relatively feasible financing schemes, and selects a set of best schemes through comparison. On this basis, the economic benefits of the project are forecasted. The scheme of income distribution has been worked out. Finally, the project is successfully implemented to formulate the relevant safeguards.
【学位授予单位】：西北大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F275;F426.4
【参考文献】
相关期刊论文 前10条
1 陈容;干胜道;;权衡理论与优序融资理论的比较研究[J];商业研究;2008年05期
2 焦婷;;民营企业融资难的现状及原因分析[J];东方企业文化;2012年01期
3 刘鑫;;改善我国民营企业融资困境的几点对策[J];东方企业文化;2012年01期
4 余璐;;中小企业融资租赁应用的探讨[J];法制与经济(中旬);2012年04期
5 胡艳辉;;我国科技型中小企业外源融资渠道探析[J];改革与战略;2011年04期
6 程景东;李嘉;;中小企业如何获取银行贷款[J];国际融资;2008年01期
7 秦佳梅;;中小企业集合票据融资停滞问题探讨[J];财会通讯;2012年32期
8 苗伟;;中小企业股权质押融资风险及对策研究[J];产权导刊;2012年01期
9 田天;车富龙;;股权质押贷款授信的理论与实践[J];财会月刊;2012年11期
10 瘳婧安;;民间借贷发展现状与对策[J];河北金融;2012年06期
相关博士学位论文 前1条
1 李兴伟;中国创业板公司IPO的资本成本效应研究[D];首都经济贸易大学;2011年
，本文编号：2252651
本文链接：https://www.wllwen.com/guanlilunwen/shengchanguanlilunwen/2252651.html
