Psilocine Group's Financial Management Research

The stable development of corporate group is an important problem in Chinese economy. The financial management is a core of corporate management. Majorities of corporate group experienced transition from the planned economy system to the market economy system. So many similar problems exist in itsfinancial management. In the past years, corporate groups implements financial management reforming. As a large corporate group, Sino group is an representative infinancial management.Under researching in basic financial theories of corporate group and combining Sino group present condition and key problems, the paper designs practicable financial management mode for Sino group from perspective of funds management, investment management, profit allocating, financial organization, financial management system, financial supervising mechanism, finance performance evaluation andfinancial budget etc.Aiming at the existing problem of Sino group, the paper puts forward building up financial center perfecting its working function, and make it working with financial department. In addition, it makes an outlook to the government measurement of financial company, which provids an thinking way for Sino group future development.In the aspects of investing management,the paper designs the concentrated decision, appropriates power of investment management way and investment management strategy, recommends the investment reviewing system, establishes the investment supervision method for the group. In the profits management,, it establishes allocating principle and draws up the valid inner transfering price to reach profits transfering for Sino group.The paper also studies the financial evaluation system and financials controlling system. In the financial evaluating, it designs the group evaluation system from the perspective of balance sheet analysis, profit analysis,cash flow analysis. The financial control is important category of the financial management. In the inancial Controlling, it studies measurement from the financial government structure, the financial management system, the network financial network control, the financial supervision mechanism, the financial budget control and constructing corporate culture etc.The financial management problems of Sino reflects a common financial management problem of Chinese corporate group.The paper puts forward a series reforming measurements both for Sino group and others Chinese corporates by researching Sino financial management.