春天公司偿债能力存在的问题及对策.docVIP

PAGE 摘 要 仪表行业属于制造业的服务型行业，作为彻上彻下的枢纽。传统的偿债能力管理模式逐渐不能符合目前竞争局势，而导致部分公司因忽视偿债风险，对公司营业效益形成负面作用。问题表现在：流动资产变现能力较不足、资本结构较不理想、经营活动形成的现金流量净额较不高、经营租赁的负担不断增大。其形成原因主要有：生产模式为接单再生产和应收账款未能及时收回导致应收账款变现能力较差；短期负债金额较大且集中到期；国内市场需求偏软，产品质量在行业属于落后状态；资金不足以购置场地，续租和租金上涨的潜在问题。提出强化应收账款的管理、改进资本结构、扩宽销售渠道，加大自主研发的措施，降低经营租赁的成本。 关键词：仪表制造业行业 偿债能力 能力薄弱 Abstract The instrument industry is a productive service industry in the whole manufacturing industry chain, which is the link connecting the upstream and downstream industries. The traditional solvency management mode gradually fails to conform to the current competitive situation, which leads to the negative effect of some companies on the companys operating efficiency due to their neglect of the solvency risk. The problems are as follows: insufficient liquidity of current assets, less ideal capital structure, less high net cash flow generated by operating activities, and increasing burden of operating leases. The main reasons are as follows: the production mode is the re-production of receiving orders and the accounts receivable is not collected in time, which leads to the poor liquidity of accounts receivable; The amount of short-term liabilities is large and it is collectively due; Domestic market demand is soft, product quality in the industry is backward; Lack of funds to purchase space, renewal and potential rent increases. Put forward to enhance the management of accounts receivable, further the capital structure, broaden the sales channel, increase the measures of independent research and development, reduce the cost of operating lease. Keywords: InstrumentManufacturingIndustry Solvency WeakCapacity 目 录 TOC \o 1-2 \h \z \u 一、引言 1 二、公司偿债能力理论概述 1 （一）偿债能力概念的界定 1 （二）评估偿债能力主要指标 1 三、春天公司现状分析 2 （一）春天公司简介 2 （二）春天公司偿债能力现状分析 2 四、春天公司在偿债能力方面存在的问题 7 （一）流动资产变现能力不足 7 （二）资本结构较不理想 8 （三）经营活动形成的现金流量净额较不高 9 （四）经营租赁的负担不断增大 10 五、提升春天公司偿债能力的相关对策 11 （一）强化应收账款的管理 11 （二）改进资本结构 11 （三）扩宽销售渠道，加大自主