Research On Financial Strategy Of Zhengbang Technology Based On Financial Strategy Matrix

Since the accession to the WTO,our country agriculture and animal husbandry enterprise development space for expansion,optimize industrial structure,but there is still financing more difficult,low resource utilization,insufficient funds,serious losses or even bankruptcy problem such as more frequent with the global economic integration accelerated,pressing for agricultural enterprises in China as soon as possible to increase the financial decision-making to the height of the strategy,the rational allocation of resources,to its financial strategy to conduct a comprehensive evaluation of the system.Is the science and technology is the agricultural industrialization national key leading enterprises in our country,the financial strategy based on the financial strategy matrix analysis tool,using the case analysis method,the 2014-2018 financial data analysis,is building the state science and technology financial strategy matrix,and on this basis,the financing for the company strategic investment strategy working capital management strategy and profit allocation strategy and its optimization,carried on the thorough research and discussion,as are the state science and technology for the future development of financial strategy development,provide a reference basis for other farming and animal husbandry enterprises set up and optimize the financial strategy,to provide practical experience for reference.In terms of financing strategy,the company has a single source of financing and is under great debt paying pressure.The company should promote ultra-short-term financing bonds and perpetual notes,improve the weighted average return on equity,and reasonably expand internal financing.In terms of investment strategy,the company's capital is mainly invested in the business with weak profits and the investment is single,which affects the company's profitability.The company should integrate the business with weak profits and increase the capital investment in veterinary drugs and pesticides.In terms of operation strategy,the company should optimize the financing structure of working capital and speed up the turnover of accounts receivable and inventory.In terms of profit distribution strategy,the company should adopt an appropriate proportion of cash dividend payment and increase the granting of stock options and restricted stocks in a planned and reasonable way to ensure the long-term development of the enterprise.