A Research On Evaluating Indicator System Of Chinese Listed Company On Two Funds Quality

The accounts receivable and the finished product goods in stock are generally defined as two funds. Too high percentage of the two funds in the whole property will result in dramatic financial risk and mess the economic order. If it is not controlled timely, this condition will constrain the sustained and healthy development of economy. So, the enterprises should fully understand the bad affection resulting from the high percentage of two funs as well as the importance and the necessity to reduce the ratio, and analyze the prominent contradiction and problem exist in two funds. The percentage and the quality of two funds are important targets to evaluate the efficiency and the benefit of enterprise funds. Reducing the ratio of two funds and improving their quality are the most important methods to increase the quantity of floating capital, and solve the problem of fund tense.On the basis of former research, from the respects of account receivable management theory and the stock commodity management theory, this paper firstly introduces the two funds management theory. Then, bases on the analysis of the two funds quality, chooses the evaluation index and establishes evaluation system, which prepares for the quantity analysis.As a result of the special characteristic of two funds, it scarcely can be compared between different trades. So, during the quantity analysis, this paper establishes the comprehensive evaluation index system with the help of factor analysis based on different trades. According to the whole scores of two funds quality, we can evaluate company's position in the trades. Lastly, take retail trade for example, this paper establishes retail trade evaluation index system by use of the above method, and evaluates two funds qualities of the sample companies.By the analysis, we arrive at the conclusion as follows: The percentage of two funds in our country's business enterprise is still in the stage of the fast growth, and the controlling result of two funds is not very satisfied. The method of factor analysis is suit to the business enterprise property quality evaluation. The result of factor analysis can provided effective decision information for the business enterprise manager.How to decrease the percentage of two funds, increase funds liquidity and raise economic efficiency is most important to raise two funds quality. This paper put forward some suggestion about how to improve two funds quality and reduce the percentage of two funds based on the analysis of data and model.