Research On Z Company’s Financial Performance Under The Background Of“Belt And Road Initiative”

As ICT(information and communication technology)industry develops rapidly,the era of big data arrives,following by the steady improvement of information and communication technology Facing the increasingly complicated and mature market demand,communications equipment,chip,data center and cloud computing business as the main direction of enterprises will undoubtedly obtained great development opportunity.As the leading listed communication equipment company in China,Z Company has the most complete end-to-end product line and integration solutions in the communication industry,and its competitive strength in a large number of global business types can not be underestimated.2013,China put forward the belt and Road Initiative,and Z Company also accelerated its layout and planning globally.The scope of commercial cooperation has gradually expanded due to the Belt and Road Scheme,with many countries signing the agreement.This paper selects the annual report data of Z company from 2011 to 2020,and firstly uses ratio analysis method to conduct basic financial analysis,to facilitate the selection of corresponding indicators for prominent problems in the later period.Then the entropy method is used to extract the preliminary evaluation system from the four dimensions of profit,operation,development and debt repayment in accordance with the structure of corporate financial performance index summarized by predecessors and make a reasonable evaluation of corporate financial performance.This assessment can be used to know the current operation and management status quo of the enterprise,the degree of agreement between the strategic decision and the expected development direction at this time,and reflect the possible financial management risks,and provide timely reference for decision makers and investors.In order to analyze the impact of the implementation of the "Belt and Road" Initiative on the comprehensive financial performance of Z Company,The Natonal Development and Reform Commission has released the Vision and Actions for Silk Road Scheme.The Ministry of Foreign Affairs and the Ministry of Commerce on March 28,2015,was taken as the time point.It is divided into two-time intervals from 2011 to 2014 and from 2015 to 2020,so as to build a more three-dimensional evaluation system.Research and analysis suggest that the method of financial performance of companies is feasible and effective,which will be helpful for investors and decision makers.From the results,the proposal of "One Belt and One Road" initiative can promote the level of financial performance of enterprises to a certain extent,but it is not obvious because of immature technical level in the initial stage,a long time for strategic layout,and vulnerability to other external market factors.In the last two years,the development gradually improved and the competitiveness in the same industry was slightly strengthened,which helped the enterprise to adjust its business strategy.However,there were still problems that could be easily affected.In conclusion,the results reflected the "area" strategy is put forward to after implementation of Z company financial performance to bring positive impact on layout investment in overseas markets,at the same time the evaluation system of our country can be found in the same industry other enterprise future business strategy and related policy choice also has a certain reference value.This paper also puts forward relevant countermeasures and suggestions.