Based On The Evaluation Of Financing Efficiency Of 24 Export-listed Companies In Central China

The central export-oriented listed enterprises have promoted the economic development of the central region of China in a certain period of time.In particular,between 2000 and 2008,the trend of China's foreign-oriented economy was obvious,and this category is of great significance in the rise of the central region.However,due to its small scale and large external influence,it has encountered some development bottlenecks in terms of economic sustainability.In recent years,due to the rise of some Western trade protectionism forces,the impact of factors such as the Sino-US trade war has further tightened the capital basket of export-oriented listed companies.The export activities themselves require higher capital,and some exportoriented listed companies are also capital-intensive enterprises,so the financing problem becomes the key.In the case that the internal funds of the enterprise are already tight,how to use various legal means to effectively carry out financing,and at the same time appropriately reduce the cost of financing activities is the key point,that is,to improve the efficiency of corporate financing isimminent.Based on this,this paper draws on relevant research at home and abroad,and based on corporate finance theory,international trade theory and financing efficiency theory,based on the financing efficiency of 24 export-oriented listed companies in the central region.Firstly,it extracts its own traits and financial indicators to construct a financing efficiency evaluation model for central export-oriented listed companies.Secondly,it uses BCC-DEA envelope analysis method to measure the export-oriented listed enterprises in the central region in 2012-2016.The financing efficiency was analyzed by overall analysis,technical analysis,regional analysis and industry analysis.Finally,based on the evaluation results of financing efficiency,this paper put forward corresponding suggestions.The recommendations mainly focus on selecting appropriate financing strategy,moderately optimizing the scale structure and organizational framework,and improving the enterprise.External market financing environment.The research results of this paper will be beneficial to enrich the financing theory of export-oriented listed enterprises,especially regional exportoriented listed enterprises,and at the same time help export-oriented listedenterprises to objectively evaluate the overall situation and differences of financing efficiency in case of limited funds.Corresponding constructive comments.