The Evaluation To The Finance Of HBIS Group Basic On Factor Analysis

Steel products are widely used in various fields of social life and are indispensable strategic basic industrial products.However,in recent years,with the development of China's economy,the requirements for the quality of steel products have been continuously improved.At present,due to the oversupply of steel production capacity in China,the overcapacity of the steel industry is serious.As one of the largest listed steel companies in China,HBIS Group has a pivotal position in the process of industrialization in China.However,in 2012,due to the overcapacity of the steel industry,its HBIS Group shares were not well sold and net profit declined.This situation did not improve until 2016.Under such a development background,the analysis of the financial status of HBIS Group and the analysis and evaluation of financial performance can help enterprise managers to find out the problem of the company in time.The first part in this thesis is the introduction of the background,purpose and significance of the research.Through the literature review,it focuses on the research on financial performance evaluation at home and abroad,then introduces the related concepts and theories of financial performance evaluation,and then introduces the research object of this paper.The financial status of HBIS Group,followed by a statistical method-factor analysis method,with SPSS data analysis software,comprehensive analysis of 12 financial indicators representing the profitability,growth capacity,operational capability and solvency of the steel industry.The author will process the financial data of 26 steel listed companies and HBIS Group's 2009-2017 in 2017 to construct a financial analysis model.Then,by calculating the scores of each factor,the obtained analysis model is compared with the horizontal enterprise comparison and the vertical enterprise internal comparison.Finally,the data comparison results are comprehensively analyzed to find out the problems existing in the operation process of HBIS Group.According to the corresponding problems,the root causes are analyzed to find the root causes that affect the financial performance evaluation of HBIS Group.The research shows that the lower ranking of HBIS Group financial performance evaluation is due to poor profitability,and then analyzes the most representative operating profit margin of HBIS Group's profitability.The study found that the profitability of HBIS Group's shares is poor.The main reasons are that the total operating cost is too high,the second is the high cost during the period,the third is that the product variety structure is unreasonable,and the fourth is insufficient external input.According to these reasons,corresponding improvement suggestions have been put forward from the aspects of increasing cost control,comprehensively improving management level,optimizing product structure and strengthening foreign investment.