Research On Financing Efficiency Evaluation Of Handan Mining Group Based On Entropy Method

China is the largest coal producer in the world.Only 30% of China's total natural energy consumption is other energy,and the rest is coal consumption.The coal industry is related to the national energy security and the most fundamental of the economy.The existence and development prospects of this basic industry have a significant impact on the country.Since 2013,there have been many problems in the operation of coal enterprises due to the overcapacity of the coal industry and the impact of imported coal on the demand and price of coal products.Many provinces producing coal in our country have suffered from the overall loss of the industry.Some banks have been unable to make ends meet due to the continuous income of coal enterprises and the overall profit situation of the industry is not optimistic.The credit financing conditions of the coal industry have been improved.The poor financing channels undoubtedly make the coal enterprises which are facing mismanagement even worse,and the cash flow is also in a state of gradual deterioration.This paper mainly studies and evaluates the financing efficiency of Handan mining group.The main research contents are as follows: firstly,this paper defines the financing efficiency,briefly introduces the general situation and operation status of Handan mining group,and combined with the report data of the group from 2012 to 2019,analyzes the company's financing situation from three aspects: financing mode,financing structure and financing characteristics This paper analyzes the financing status of the group.In addition,from the macro aspect,from the perspective of economy,policy,industry,etc.;from the micro aspect,from the perspective of various capabilities of enterprises,this paper further analyzes the influencing factors of financing efficiency.Secondly,the entropy method model is used to quantitatively evaluate the financing efficiency of Handan mining group.This paper selects the financing cost,financing risk and capital utilization rate as the first level indicators to evaluate the financing efficiency,and further subdivides the three first level indicators into six second level indicators and 16 third level indicators,and establishes the financing efficiency evaluation index system of Handan mining group.Then,through the company's annual report,summarize the original data of each index,and standardize the data,through the entropy method to determine the weight of each index and calculate the financing efficiency evaluation value,draw the conclusion that the financing efficiency of Handan Mining Group is at a low level.Finally,combined with the actual situation,this paper analyzes the reasons for the low level of financing efficiency of Hankuang group,and puts forward some targeted suggestions on how to improve its financing efficiency.