对山峰厂营运能力分析（Operation capacity analysis of peak plant）.doc

对山峰厂营运能力分析（Operation capacity analysis of peak plant） The mountain factory was established in 1990, mainly engaged in aromatic carbon ten series of chemical products, to the end of 2006, annual sales reached 300 million yuan. However, in recent years due to the ten carbon heavy aromatics industry rapid development, rapid expansion of market capacity, showing the status of pile up in excess of requirement profit space more and more small, products. Following by the analysis of 2004 to 2006 three years of financial report and related information, make a comprehensive analysis on the business and financial conditions in recent years. To improve the solvency, reduce financial risk The need of business assets from two aspects: investors and creditors to borrow, but also need to borrow, enterprises can full repayment of debts, which is the primary problem of the enterprise, is the basic premise of survival and healthy development. We used the current ratio, quick ratio, cash ratio and asset liability ratio and other indicators to reflect the solvency of enterprises. 1. liquidity ratio. The current ratio is in a certain period (usually a year) in the ratio of current assets divided by current liabilities, on behalf of the enterprise with the flow of assets to repay maturing debt guarantee. Flow rate is higher, more strong solvency, but the current ratio is too high that the low utilization rate of enterprise assets, operating efficiency is not high. The liquidity ratio varied from industry to industry, generally considered the flow ratio of 2 is more suitable for the majority of enterprises. From the current ratio peak plant value (Table 1), the short-term solvency in 2004 2005 2006, weak, strong; from the development trend, the upward trend for three consecutive years, showed that the enhancement of short-term solvency. 2. quick ratio. The quick ratio refers to a certain period of time (usually a year) in the quick ratio of assets divided by current liabilities, the deduc