Research On The Performance Of Major Asset-restructuring Of Kuangshun New-material Co.Ltd

In recent years,with the vigorous development of China’s economy,the capital market has become more and more perfect.More and more companies have chosen major asset restructuring as the strategy for the development and growth of enterprises.The case of major asset restructuring help enterprises improve their production capacity and competitiveness,and expand the scale of enterprises is not uncommon.Major asset restructuring as a successful development strategy is being accepted and loved by more and more enterprises.At the same time,many listed companies in developed countries such as Europe and the United States in the past years,have made themselves bigger and stronger through asset restructuring.Asset restructuring is gradually showing its advantages and benefits to the market.A major asset restructuring with a correct strategy will certainly have a positive impact on the company and will result in significant improvements in the company’s short-term performance and long-term performance.However,if a company blindly reorganizes its assets,it believes that as long as the assets are restructured,it will be sublimated and optimized.This will not only damage the company itself,but also cause losses to the market and investors.Therefore,it is crucial to properly evaluate the performance of a company’s restructuring.Based on the major asset restructuring of Kuangshun New-material,this paper analyzes the situation and restructuring strategy of the pre-restructuring company,as well as the financial indicators and long-term performance of the company after the reorganization.This article will provide a reference for the listed companies in the market to seek restructuring,and also provide some thinking and reference value for investors in the market.This paper is mainly based on the analysis of the annual financial data of Kuangshun New-material before and after the asset restructuring,that will evaluate the restructuring performance of this major asset restructuring.This article first introduces the main background of this research case,and introduces the two companies of this major asset restructuring: Kuangshun New-material and Jiangsu Hongtai,as well as the specific strategic plan and implementation process of listed companies for asset restructuring.This article introduces the specific background and situation of the reorganization,and the management’s vision for the asset restructuring.Then,this article compares the financial indicators before and after the asset restructuring of Kuangshun New-material,and finds that the solvency of Kuangshun New-material has increased,but the profitability and operational capability have not been improved.From the perspective of long-term influencing factors,the restructuring of the enterprise has improved the management mechanism of the enterprise,the business structure has been expanded,and the upstream and downstream resources have been expanded,which has a good impact on the future development of the enterprise.According to the analysis and data of the reorganization,the listed companies and investors in the market are advised: Listed companies should be more cautious in the choice of the target company when restructuring,and have a more rational view on the performance improvement brought by the reorganization;It is hoped that investors will be more comprehensive and objective in analyzing the restructured stocks and will be able to make profits.Kuangshun New-material should also continue to strengthen the internal management of the company after the reorganization,so that the impact of the restructuring will be far more profound.This paper is divided into four parts.The first part is the introduction of this paper,which mainly includes the research background and research significance of this paper,as well as the domestic and international literature review related to major asset restructuring.The second part is the background introduction of the case,mainly introducing this time.Before the reorganization case,the basic situation of Kuangshun New-material and the target company Jiangsu Hongtai,as well as the strategy and future development strategy of the assets restructuring of Kuangshun New-material;the third part is the analysis of the performance of the assets restructuring of Kuangshun New-material.Business performance,as well as other factors affecting long-term performance,were analyzed and finally made a comprehensive evaluation.The fourth part is a comprehensive review of the overall evaluation of the assets restructuring of Kuangshun New-material.Finally,give certain advice to listed companies and market investors.