Case Study Of Financial Analysis Of XG Group

Engineering machinery is an important part of the electrical and mechanical industry in our country,its service object mainly is a national large-scale infrastructure, such as highway, railway, water conservancy, oil field, mine, etc. Construction machinery industry in China started late, until the1960s began to form. Engineering machinery since1980s, the rapid development of the overall reason lies in the country’s reform and opening up policy guidance, economic development faster increase in the number of requirements for engineering machinery, high starting point, the introduction of foreign advanced technology, enterprise organization structure adjustment, from central to local development of preferential policies, etc. In recent years, in the incentive competition in the industry, low barriers to entry and market under the background of strong price sensitivity, especially since2008, the global financial crisis, lead to engineering machinery enterprises are facing huge challenges at home and abroad, the overseas market demand, the enterprise production has fallen sharply, decline in profitability, financial conditions deteriorate, lower operation efficiency. In construction machinery industry was generally small profit even loss under the situation of enterprise group still maintaining high profit, whether we can pick out a representative company, from a financial perspective, analyzes the inside and outside of the trapped by deep study and obtain good results, thus for the further development of construction machinery industry as a whole to provide some valuable reference.In this paper, from the perspective of financial management, financial index system of XG group one by one analysis, through profits-cash-value-the six big financial risk-innovation-growth factors, to analyze its long-term sustainable development ability, and then put forward the corresponding Suggestions to improve operation and management..First of all, this paper analyzes the macro environment of construction machinery industry, especially in recent years, from the whole construction machinery industry in China development present situation, the industry as a whole for the whole context, such as Angle in detail based on opportunity, comparative advantage, market environment, profit environment inside and outside factors such as interpretation of the right pulse of the construction machinery industry, from micro level for the following financial analysis was carried out on the xugong group provides industry background. Secondly, explain XG group status and research value in the construction machinery industry, and the next research institute with the index system of financial statements, financial analysis, summarizes domestic and foreign literature review and related theory.Again, through the in-depth study of XG group in recent years, financial statements and the decomposition of the financial index system, find out the change of its financial performance, its financial performance and financial policies of the advantages and disadvantages, and then carries on the analysis pointed out that the sustainable growth of xugong group to take financial strategy.Finally, the good performance of XG group, analyzes its disadvantages at the same time, put forward the some Suggestions of subsequent performance improvement, hoping to XG group, the "dot" to stimulate the engineering machinery industry "face", for the whole industry can be used for reference in the financial level planning.