The Research On Financial Performance Evaluation Of Sinotrans Based On The Improved Catastrophe Progression

In recent years,the rapid development of Internet information technology has provided enormous development space for transportation enterprises.Many enterprises have taken advantage of this opportunity to strengthen their own strength,and industry competition has taken on a new pattern.As a result,users’ demand for logistics has become increasingly diversified,and intelligent logistics has continuously gained market favor.Resource integration has become a major development trend in the transportation industry.However,looking back at past cases,there have been few cases of financial evaluation of state-owned enterprises in the transportation industry,so it has certain theoretical and practical significance to analyze the financial performance of enterprises in this industry.This article takes SINOTRANS as a case study object to study and improve the current financial performance evaluation system of SINOTRANS.Firstly,this article defines the concepts of financial performance and and expounds the basic connotation of stakeholder theory and catastrophe theory.Finally,based on the overall understanding of the case,this article proposes a suitable financial performance evaluation index system for SINOTRANS,constructs a stepwise catastrophe model for comprehensive evaluation of SINOTRANS’s financial performance,and uses comparative analysis and obstacle analysis methods to conduct a comprehensive analysis and evaluation of SINOTRANS’s financial performance in the past five years,identifying the shortcomings of SINOTRANS’s financial performance,Finally,the conclusion of the research on the financial performance evaluation of SINOTRANS is drawn and relevant countermeasures and suggestions are proposed.The research in this article can also provide useful reference for the financial performance evaluation of other transportation enterprises.