Study On The Evaluation Of Financial Competitiveness Of A Construction Company

Construction industry is an important material production sector of China's national economy,which is closely related to the economic development of the whole country and the improvement of people's living standards.According to the national economic data released by the national bureau of statistics for 2018,the total output value of the construction industry exceeded 23 trillion yuan.China's GDP reached 90030.9 billion yuan,up 8.84%year-on-year.The total output value of the national construction industry was 23508.6 billion yuan,an increase of 8.99%over the same period last year.Fixed asset investment growth slowed to 5.9%year-on-year.The growth rate of added value of construction industry in China is always higher than that of GDP and industrial added value.Thus it can be seen that the construction industry has provided an important supporting role for the development of China's national economy.Since the reform and opening up 40 years ago,the construction industry has made important contributions to the robust and healthy growth of China's economy through its stable and rapid development.The high output value contribution rate and high employment capacity of the construction industry have made it one of the pillar industries of China's national economy.Since entering the 21st century,with the rapid development of economic globalization and market internationalization,the construction industry,like other industries,are facing in the global competition in the market,in order to constantly improve their own comprehensive strength,then competition in the market,the construction companies have mostly by way of resource reorganization and integration,expand their scale of operation,to build and improve its core competitiveness,improve the domestic and international market share.Financial competitiveness,as an important part of the core competitiveness of enterprises,has increasingly attracted the attention of enterprise managers and scholars in related fields.Listed companies,as the leading and benchmark enterprises in the industry,can reflect the development trend of their industry to some extent,so does the construction industry.The financial competitiveness of listed companies in the construction industry can largely reflect the financial competitiveness of enterprises in the construction industry.Therefore,it is inevitable to study the financial competitiveness of listed companies in the construction industry to reflect the development status of the financial competitiveness of enterprises in the construction industry.The financial status of listed companies,construction industry help construction enterprise change and improve its development concept,found its own compared to the weaknesses of the other enterprises in the same industry,from focusing on the external market development to focus on enterprise core competence,improve their comprehensive strength,and eventually achieve the goal of maximizing the enterprise value.It is of great practical and theoretical significance to carry out and strengthen the research on the analysis of the financial competitiveness of listed companies in the construction industry,to guide the actual financial management of enterprises,to improve their own competitiveness,and to respond to changes in the external market environment in a timely manner.Comprehensive and classified based on the basis of predecessors' research achievements of financial competitiveness of the enterprise,from the Angle of financial competitiveness analysis based on financial statements and financial competitiveness evaluation empirical analysis Angle two angles,the financial competitiveness of A construction company in the same industry was analyzed,and the present situation and the comprehensive ranking and evaluation research,and,according to the results of the analysis and evaluation for A construction company financial competitiveness of the weak links and puts forward some corresponding Suggestions and improving measures.This study is of guiding significance for A construction company and construction companies to analyze,improve its own financial competitiveness.