Research On Financial Sustainable Growth Of Company Y And Its Influencing Factors

The software and information technology service industry covers a wide range of technologies and applications,and has become an important industry in the national economy.With the comprehensive upgrading and promotion of big data,artificial intelligence,5G,Industrial Internet and other information technologies,the sustainable development of the industry is increasingly concerned by all parties.The financial sustainable growth ability is an important manifestation of the sustainable development ability of enterprises,and is an indispensable means and method for comprehensively evaluating the sustainable development status of enterprises.Therefore,studying the financial sustainable growth ability and its influencing factors of software and information technology service enterprises has certain practical significance in guiding them to operate well and achieve sustainable and high-quality development.It helps to tap into the driving force behind sustainable financial growth of enterprises,providing reference for standardized operation and value growth of enterprises.Y Company,as a leading enterprise in China’s software and information technology service industry,has a certain promoting and safeguarding role in the development of China’s software and information technology industry.Therefore,this article selects Y as the research object.On the one hand,it can provide practical reference value for the improvement of Y Company’s sustainable financial growth ability in the later stage,and on the other hand,it can also provide reference for other related enterprises.This article uses a research method that combines theoretical analysis and quantitative analysis,based on existing theoretical foundations related to financial sustainable growth,to select suitable models to measure and analyze the financial sustainable growth capacity of China’s software and information technology service industry and case companies.Firstly,the background and significance of the study were explained,relevant research literature at home and abroad was reviewed,and a brief review was made to explain the main content of the study;Secondly,based on the definition of relevant concepts and basic theories,the financial sustainable growth capacity and influencing factors of the software and information technology service industry were analyzed from a theoretical perspective;Once again,Company Y was selected as a typical research case.Based on the company’s financial data from 2012 to 2021,the Higgins econometric model was compared and selected to calculate the company’s sustainable growth rate and actual growth rate,as well as their deviations.The reasons for the deviations were analyzed by combining the four elements of the model.Once again,based on factor analysis,74 listed companies in the software and information technology service industries in the Shanghai and Shenzhen stock markets were selected as analysis samples.Through empirical analysis and testing,the main influencing factors on the sustainable financial growth of Company Y were selected and determined.Finally,summarize the inspiration drawn from the case and propose targeted improvement suggestions.The research results indicate that the growth status of Y Company has fluctuated significantly from 2012 to 2021,and there is a significant deviation between expected sustainable growth and actual growth.The main reasons are a decrease in profitability,high liquidity and unreasonable structure of R&D personnel,insufficient short-term debt repayment ability,and unreasonable dividend policies;The main factors that affect the sustainable financial growth ability of Company Y are debt paying ability,innovation ability,and profitability,all of which have a positive impact on the sustainable growth ability of the enterprise.Targeted suggestions have been proposed to enhance the sustainable financial growth capacity of enterprises.This article enriches and supplements the content and cases of relevant research.By using a combination of qualitative and quantitative analysis methods,a more in-depth study was conducted on the selection and applicability of the financial sustainable growth model for the case company,as well as the driving factors of the financial sustainable growth ability.By analyzing the problems existing in Y company’s financial sustainable growth,solutions were proposed to truly integrate theory with practice,helping the case company and other companies in the same industry to prevent excessive growth or insufficient growth,It has reference value and significance for making scientific and reasonable financial decisions.