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Financial Strategy Analysis And Implementation Effect Evaluation Of Shenzhen Lixun Precision Company

Posted on:2023-07-30Degree:MasterType:Thesis
Country:ChinaCandidate:Y J ChenFull Text:PDF
GTID:2568306836477234Subject:Accounting
Abstract/Summary:PDF Full Text Request
Under the background of economic globalization and technological intelligence,the electronic connector industry is also undergoing an important period of transformation.With the transfer of industry production capacity,my country has become an important manufacturing base for electronic connectors in the world.At the same time,The rapid increase in the output of consumer electronics,communication technology equipment,vehicle accessories,medicine,and military products will also make my country its core consumer electronics market.Shenzhen Lixun Precision Co.,Ltd.is a high-tech company in China.After more than ten years of deep cultivation in the industry,it has become one of the enterprise leaders under the "Made in China 2025" industrial power strategy,and has a prominent position in the industry.In recent years,due to the development needs of domestic technological intelligence,the competition between domestic companies has been further upgraded.In order to further develop the international market,Companies need to continue to improve their core competencies.Among them,the selection and implementation of financial strategies have a great influence on the development of the company.A long-term and comprehensive financial plan can effectively allocate the company’s funds.The overall relationship between a company’s financial planning and the company’s production control is directly related to the company.We value creativity.The article firstly summarizes the research results of domestic and foreign scholars on corporate financial strategy,and expounds the relevant concepts and theoretical basis.Secondly,the theoretical basis is combined with the actual situation of the enterprise,taking Shenzhen Luxshare Precision Co.,Ltd.as a main research subject,in the context of industry development,in combination with the strategic evolution of the company’s development,using the PEST model to carry out a macro analysis of its financial strategy implementation environment,and Using the life cycle theory combined with the corresponding theory of the financial strategy matrix,the current strategic life cycle of Luxshare Precision is determined comprehensively from the dimensions of cash flow,sales growth,cash balance and value creation.Thirdly,according to the current life cycle of Luxshare Precision In the cycle stage,the current situation of Luxshare Precision’s financial strategy is analyzed in depth from three aspects: investment strategy,financing strategy and dividend distribution strategy.Then,try to introduce the comprehensive evaluation method of factor analysis,select appropriate financial indicators as the sampling data of factor analysis according to the financial data from 2011 to 2020,and finally extract three main factors,and rotate the factor load to maximize the variance,Reducing the degree of association between the main factors makes the main factors more explanatory,in this way,a financial strategy accounting index system is constructed under factor analysis,and scores and ranking results are combined to comprehensively evaluate and analyze the effectiveness of implementing financial strategies under an integrated strategy.The research conclusion of the article shows that: Luxshare Precision is currently in the growth stage,and its financial strategy implementation effect is generally successful,and it is a positive case that peers can learn from.optimization.In terms of investment strategy,there is the problem that investment projects are overly dependent on major customers.In terms of financing,there are unreasonable financing methods,single financing structure,and liquidity risks increasing year by year.In terms of dividend distribution,the dividend distribution method is too conservative.Corresponding optimization suggestions.At the same time,since the comprehensive score result of factor analysis and the financial performance index can be mutually confirmed,it is possible to clearly and comprehensively evaluate the effect of implementing the current financial strategy of the company,which is of practical significance.To optimize the current financial strategy of companies in the same industry.
Keywords/Search Tags:financial strategy, strategic analysis, strategic evaluation, factor analysis
PDF Full Text Request
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