Financial Performance Evaluation Of WY Mixed Ownership Reform

The reform of mixed ownership as a breakthrough in the reform of state-owned enterprises is a major decision of the party and the state.The report of the 19th National Congress of the Communist Party of China emphasized:"To develop a mixed ownership economy and foster world-class enterprises with global competitiveness." Actively promoting the reform of mixed ownership has become an effective way and an ideal way to enhance the vitality of the state-owned economy under the new economic normal.Based on this,financial performance evaluation is the main content to verify the effect of mixed ownership reform,which is of great significance for state-owned enterprises to carry out mixed ownership reform.By evaluating the performance of the enterprise,understanding the development status of the enterprise,and proposing relevant suggestions for the existing problems,it is conducive to improving the performance of the enterprise and improving the competitiveness of the enterprise.At the same time,it can provide reference and reference for the new round of mixed ownership reform of state-owned enterprises.This paper takes WY Group as the research object,and analyzes and evaluates the financial performance of the mixed ownership reform.Firstly,on the basis of introducing relevant background and literature review of domestic and foreign scholars,the article sorts out the concepts of mixed ownership reform and financial performance evaluation,and modern property rights theory,principal-agent theory,incentive theory and interest-related theory.Secondly,it elaborates Yunnan.Baiji Group’s specific mixed ownership reform implementation process.By analyzing financial indicators such as solvency,profitability,operational capability and development capability closely related to enterprise development,we explore the changes in the financial performance of WY before and after the mixed reform from its own vertical comparison.From the horizontal comparison of the same industry,analyze the financial performance level of WY in the same industry.The analytic hierarchy process is used to construct the financial performance evaluation system,and the comprehensive evaluation and summary of the mixed reform is carried out.Finally,according to the results of the financial performance evaluation,the related period is reduced,the profitability of assets is improved,the operating cost is reduced,and the efficiency of capital utilization is improved.Suggest.It is hoped that through the analysis of WY Group,it will provide some reference and reference for China’s current state-owned enterprise reform,and explore a more effective mixed ownership reform path.