Capital Structure Analysis And Optimization Of JY Company

Since the beginning of the 20 th century,capital structure optimization has been a hot topic among economists at home and abroad,but in the process of promoting the application of capital structure optimization,domestic listed companies frequently have unreasonable use.In recent years,in the rapid development environment of the market economy,listed companies have gradually become the main force to promote the sustainable and healthy development of the domestic economy.However,domestic listed companies,instead of comprehending the true meaning of capital structure optimization,are accustomed to taking a slant on the front.On the other hand,they tend to use equity financing as the main source of long-term funds for business operations,and rely too much on external financing,resulting in their rapid changes in fierce competition.In the competitive market environment,the ultimate goal of enterprise development planning is ignored,and the overall performance of the enterprise is poor;another situation is that the listed company completely relies on debt financing,and the excessive financial expenses have planted a time bomb for the development of the enterprise.If the situation occurs,it is inevitable to enter into financial difficulties.Coinciding with 2020,the new coronavirus swept the world,like a magic claw suddenly pressing the pause button,causing many companies with a large proportion of debt to be insolvent,and eventually encounter the situation of bankruptcy and liquidation.Therefore,the optimization of capital structure of listed companies needs to be promoted urgently.Based on the management level of the enterprise and the direction of enhancing the strength of the enterprise,the goal of improving the income of the enterprise is finally realized.Nowadays,the government has launched multiple policies in reform,and how to resolve the shortcomings of capital structure optimization,improve the profitability and operation level of listed companies,and ensure that the interests of investors and creditors can be reliably guaranteed.Based on this background,it is known through social research that the pharmaceutical industry in our province has developed more prominently and there are a large number of listed companies.In this paper,combined with the relevant data of listed companies in the pharmaceutical industry in our province,JY company is selected to analyze and optimize the relevant capital structure.Design and research related work.Through the analysis of the current situation and problems of the capital structure of JY company,the method of optimizing the capital structure is deduced,so as to realize the improvement of the capital structure of JY company,and strive to solve the financial difficulties faced by the company through the optimization of the capital structure.