Research On The Motivation And Financial Performance Of ZH Company's Asset Stripping

In recent years,with the gradual implementation of the national supply-side reform policy,the divestiture activities of listed companies have become increasingly active.More and more companies are returning to their core business through asset divestiture,continually shrinking their internal operations lines and trying to improve their financial performance.The divestiture effectively adjusted the excessive diversification,and also played a role in improving resource allocation and optimizing the industrial structure,bringing more capital inflows to the company.As a central enterprise and a listed company,ZH Company responded to the national policy call and applied the divestiture of assets to divest part of the real estate business.In this context,it is very important to study the motivation of the company's divestiture and its impact on financial performance.This dissertation takes ZH company as an example and discusses it from six parts.The first part is the introduction,introduces the background and significance of this dissertation,summarizes the literature on asset divestiture at home and abroad,explains the research ideas and methods,and points out the innovation of the dissertation.The second part is the concept definition and theoretical basis,summarizing the important theory of asset divestiture.The third part is the analysis of the status quo and motivation of the company's assets divestiture,introduces the general situation of ZH company and the implementation of asset divestiture,and analyzes the internal and external motives of asset divestiture.The fourth part is the analysis of the financial performance of the company's asset divestiture.It uses a series of financial indicators to evaluate the impact of the company's asset divestiture on financial performance,and analyzes the reasons for the formation of financial performance after the company's assets divestiture.The fifth part is the experience of ZH company's asset divestiture.The sixth part summarizes the full text and draws conclusions and looks forward to the future of the research.On the basis of the above research,the following conclusions are drawn:the company should pay attention to the internal and external environment and timing effect when the assets are divested;the asset stripping optimizes the resource allocation;the asset divestiture can improve the financial performance of the company in a short period of time;If the company's short-term cash flow is invested in the new main business,by improving its research and development capabilities to enhance its market competitiveness,it can improve the company's long-term financial performance.This dissertation analyzes the divestiture of ZH company's assets,combines the theory of asset stripping with specific cases,and enriches the sample of asset stripping research.At the same time,this dissertation analyzes the motivation of ZH company's asset divestiture and the analysis of financial performance,which can provide reference for other companies that intend to divest assets.