Research On The Impact Of Equity Competition On Vanke’s Financial Performance

The Central Economic Work Conference,which closed on December 21,2018,proposed that the capital market should play a leading role in the financial operation.It is necessary to deepen reforms to create a standardized,transparent,open,dynamic and resilient capital.market.In recent years,with the continuous development of the capital market,the resource allocation function has been optimized,and people have allocated effective resources for limited resources to obtain maximum benefits.All walks of life are committed to optimizing resource allocation to achieve maximum economic benefits,especially in this area.In the optimization investment of the insurance industry as the main business,the real estate with better profitability is the target enterprise to participate in the operation of the investment company through equity acquisition,etc.,to obtain a large amount of economic benefits,and even to control the equity through equity acquisition.Absolutely dispersed groups acquire the right to speak,which in turn affects the decision-making operations and profit distribution of the entire enterprise.The competition for equity and control rights is a double-edged sword,which has advantages and disadvantages.Some groups not only obtained equity optimization to improve their financial performance,but also increased their visibility while their business performance will fluctuate,but there are also many illegal operations,hostile takeovers,disrupting the normal operation of the capital market,making the company unstable.The phenomenon of operating income has seriously affected the company’s business decision-making focus and changes in sales models.The credit evaluation mechanism has been seriously damaged,changing the mode of capital operation,input and recycling.This also involves the existence of some unsound and untimely problems in the regulatory authorities and laws and regulations.Taking this paper as an example,it aims to provide some reference and feasibility suggestions for companies in the future equity competition in other industries,and also provide reference and help for the stability and improvement of financial performance of such companies.In order to better study the impact of equity competition on Vanke’s financial performance,this paper,through the case study of Vanke’s equity competition,uses case analysis,literature research,comparative analysis and other methods to participate in the competition for all parties and events.Case introduction in chronological order,selection of exciting and representative time periods to describe,analyze and summarize their financial data,and find out the shareholding structure dispersed in the acquisition,the imperfect independent director system,and the major shareholder The problems exposed by the events behind the events such as the adverse effects of equity competition on listed companies on financial performance.Therefore,it puts forward relevant rationalization suggestions on improving the financial performance of the enterprise and the rational management of the company,and improves the financial performance of the enterprise by improving the capital market structure,optimizing the asset and liability structure of the enterprise,optimizing the equity allocation,and strengthening the operation management of the enterprise.And hope to provide some materials for follow-up scholars to study the issue of equity competition.