JW Enterprise Merger Case Performance Analysis

Since the late 90 s of last century,with the establishment and improvement of China’s capital market,China’s financial markets has entered a period of rapid development.The phenomenon of mergers and acquisitions is increasing,,mergers and acquisitions of enterprises is also in constant development and progress,enterprise merger has gradually become the domestic listed companies in the pursuit of their own development is an important means of expansion.In the past 30 years of development,it is the process of transforming from planned economy to market economy.This article is based on this background,the JW merger as a case to analyze and test the performance of mergers and acquisitions,and optimize the performance of mergers and acquisitions from combing,has a theoretical and practical significance.From the existing enterprise merger related theory research,the current research on mergers and acquisitions companies tend to focus on the western developed countries,and some developing countries,especially the research results are relatively few countries such as China mergers and transformation of enterprises.The research of measuring and analyzing the performance of mergers and acquisitions China listed companies,from the practice can also be extended to answer whether mergers and acquisitions is an important way for the rapid development of the complete China enterprise the important practical problem.This paper will use the latest domestic and foreign empirical research on M & A on the performance of Listed Companies in China to conduct a study on the impact of mergers and acquisitions performance related factors were tested and analyzed.Based on the performance evaluation of enterprise merger as the research object,by JW company mergers and acquisitions as a case study,a detailed description on the status of enterprise mergers and acquisitions on both sides of the JW company,FE company and WK company,and describes the JW company in the process of rapid development,the company hopes to achieve development strategy,to further implement the horizontal integration the company to further enrich the existing types of products,optimize product structure,enhance the company’s business scale and profitability,enhance synergies with the company mergers and acquisitions,describes the implementation process of JW company mergers and acquisitions.In the performance evaluation of JW company after the merger,this paper chooses the accounting research method as the evaluation method,and selected four aspects after the merger of JW enterprise’s profit ability,operation ability,solvency and development ability analysis,further study of JW enterprise merger performance,find that JW company mergers and acquisitions the good performance of the results,analyze the reason why it.Combined with the results of the performance evaluation,the paper makes further research on the improvement of the performance of M & A from the three perspectives of government,industry and enterprise.