GD电气制造有限公司融资问题研究
发布时间：2018-11-25 07:58
【摘要】：民营企业的健康发展是我国国民经济得到持续、稳定、迅速发展的重要基础。然而，资金短缺一直制约着中小民营企业的发展。如何在当前融资环境下取得企业发展的资金，为民营企业的规模发展提供持续的血液，为民营企业的产品技术更新换代提供动力，增强市场竞争力，，是广大民营企业共同关注的重点问题，而在融资问题中融资策略的选择尤为关键。 本文首先参考相关文献介绍了融资的相关理论，然后分析了GD公司近几年的财务状况，了解GD公司目前的融资需求及WN投资项目的情况。找出GD公司在融资过程中存在缺少明确的融资策略、内源融资能力不足、融资结构不合理等一系列问题。 本文运用企业融资理论中的信息不对称理论、资本结构理论和企业优序融资理论，最终确定了GD公司短期与中长期融资方案。短期融资以WN项目所需资金为目标，根据公司的状况确定了融资结构，即以内源融资与银行借贷为主、拓展负债融资渠道为辅；中长期融资则选择目前公司正在准备的上市发行股票与债券融资，以及国际投资公司的风险资本融资。采用定量与定性相结合的方法，运用有关财务评价指标对拟定的融资方案进行了相关可行性分析。 本文对GD电气制造公司进行个案研究，通过大量的客观数据作为依据，分析较为具体细致，对我国目前中小民营企业的融资决策与融资策略的选择具有较重要的借鉴意义和应用价值。
[Abstract]:The healthy development of private enterprises is the important foundation for the sustained, stable and rapid development of our national economy. However, the shortage of funds has been restricting the development of small and medium-sized private enterprises. How to obtain the funds for the development of enterprises under the current financing environment, to provide the sustained blood for the scale development of the private enterprises, to provide the impetus for the upgrading of the products and technology of the private enterprises, and to enhance the market competitiveness. Private enterprises are concerned about the key issues, and in the financing problem, the choice of financing strategy is particularly critical. This paper first introduces the theory of financing with reference to relevant literature, then analyzes the financial situation of GD Company in recent years, and finds out the current financing needs of GD Company and the situation of WN investment projects. A series of problems such as lack of clear financing strategy, insufficient endogenous financing ability, unreasonable financing structure and so on are found in the financing process of GD Company. This paper uses the information asymmetry theory, capital structure theory and enterprise priority financing theory in the financing theory of enterprises to determine the short- and medium- and long-term financing schemes of GD Company. The short-term financing aims at the funds needed by the WN project, and determines the financing structure according to the company's situation, that is, the endogenous financing and bank lending are the main ones, and the debt financing channels are supplemented by the expansion of the debt financing channels. Medium-and long-term financing is the company is currently preparing for the listing of stocks and bonds financing, as well as international investment companies venture capital financing. By using quantitative and qualitative methods, the feasibility of the proposed financing scheme is analyzed by using the relevant financial evaluation indexes. This article carries on the case study to the GD electric manufacturing company, through the massive objective data as the basis, the analysis is more concrete and meticulous, It has important reference significance and application value for the financing decision and the choice of financing strategy of the small and medium-sized private enterprises in our country at present.
【学位授予单位】：长安大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F426.6;F406.7
[Abstract]:The healthy development of private enterprises is the important foundation for the sustained, stable and rapid development of our national economy. However, the shortage of funds has been restricting the development of small and medium-sized private enterprises. How to obtain the funds for the development of enterprises under the current financing environment, to provide the sustained blood for the scale development of the private enterprises, to provide the impetus for the upgrading of the products and technology of the private enterprises, and to enhance the market competitiveness. Private enterprises are concerned about the key issues, and in the financing problem, the choice of financing strategy is particularly critical. This paper first introduces the theory of financing with reference to relevant literature, then analyzes the financial situation of GD Company in recent years, and finds out the current financing needs of GD Company and the situation of WN investment projects. A series of problems such as lack of clear financing strategy, insufficient endogenous financing ability, unreasonable financing structure and so on are found in the financing process of GD Company. This paper uses the information asymmetry theory, capital structure theory and enterprise priority financing theory in the financing theory of enterprises to determine the short- and medium- and long-term financing schemes of GD Company. The short-term financing aims at the funds needed by the WN project, and determines the financing structure according to the company's situation, that is, the endogenous financing and bank lending are the main ones, and the debt financing channels are supplemented by the expansion of the debt financing channels. Medium-and long-term financing is the company is currently preparing for the listing of stocks and bonds financing, as well as international investment companies venture capital financing. By using quantitative and qualitative methods, the feasibility of the proposed financing scheme is analyzed by using the relevant financial evaluation indexes. This article carries on the case study to the GD electric manufacturing company, through the massive objective data as the basis, the analysis is more concrete and meticulous, It has important reference significance and application value for the financing decision and the choice of financing strategy of the small and medium-sized private enterprises in our country at present.
【学位授予单位】：长安大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F426.6;F406.7
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3 刘q示
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