Analysis On The Performance Of Baolilai's M & A In Beijingxinlian Iron

Today,the economic issue is a common concern of the world,its quality is related to the future development of a country.In the context of economic unsatisfactory,China's enterprises are also affected by its serious.Such as reduced operating income,decreased operating profit and so on.In this dangerous situation,companies want to survive on the need to enhance the profits of enterprises.So more and more domestic enterprises choose to cross-industry mergers and acquisitions,in order to change the direction of the main business,so as to accelerate the growth of new business areas.Cross-industry mergers and acquisitions in the expansion of their business scope,into the profitability of strong business and assets,reversing the original poor management of listed companies to improve the status of listed companies operating qualifications and quality.As a result,cross-industry M & A transactions after the completion of the relevant performance analysis has become a evaluation of a successful acquisition of the key factors.Polyplastics mergers and acquisitions Beijing Xinlian Iron and Steel is a cross-industry mergers and acquisitions in 2015 cases,from the hotel service industry successfully transferred into the rail transit industry.After the merger and reorganization of the development of high-speed rail industry is also in line with the national "area along the way" development strategy,after the acquisition of China's high-speed rail growth for China's rail transport operations and industry leader in the industry.This paper combines Baoli to acquire Beijing Xinlian Iron Incident,and analyzes the method combined with theoretical research and practical analysis,qualitative research and quantitative analysis,and compares Baoli to the pre-acquisition(Baoli)and the acquisition(Shenzhou high-speed rail)Performance change.All the research should be based on the theory,this paper mainly based on China and foreign scholars to do the relevant research theory,from the following three points: concept,method,influencing factors,and finally summed up the concept and research methods.The focus of this paper is to analyze the performance of Baoli to acquire Beijing Xinlian Iron,which is the analysis of the non-financial indicators of listed companies after the M & A event,including the company's scientific researchinnovation,strategic objectives and employee satisfaction.Financial performance analysis of the main data from China's high-speed rail 2014 to 2016 annual financial statements,first of all from the perspective of financial performance,which is the focus of this paper,through data comparison,the acquisition of the event on China's high-speed rail profitability,debt The paper analyzes the changes of the value of the listed companies before and after the occurrence of the merger and acquisition,that is,the market performance analysis.Secondly,the paper constructs the EVA performance evaluation model and analyzes the acquisition of China's high-speed rail mergers and acquisitions.Before and after the numerical changes;derived from the acquisition of Baoli to Beijing,the new iron this M & A behavior to the listed companies to produce good M & A performance of this conclusion.Finally,a reasonable proposal on the domestic cross-industry mergers and acquisitions should pay attention to matters.